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REIT

August 22, 2026 · Aditya Gupta

Investing

A Real Estate Investment Trust (REIT) is a company that owns or finances income-producing real estate — office buildings, shopping centers, apartments, data centers, cell towers. REITs trade like stocks but are legally required to distribute 90% of taxable income as dividends, generating high dividend yields (3-7%). They provide real estate exposure without buying physical property. REIT dividends are typically taxed as ordinary income (not qualified dividends). Major REIT ETFs: VNQ (Vanguard), REIT (Schwab). Within tax-advantaged accounts, REITs are particularly tax-efficient; in taxable accounts, their high ordinary-income distributions can be a drag.

Investing

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