In 1960 Congress Created the REIT Structure To

question 31

Multiple Choice

In 1960 Congress created the REIT structure to:

• A) eliminate double taxation problems
• B) eliminate personal liability issues
• C) increase holding periods
• D) offset passive loss limitation problems

---

Definitions:

Higher Amount

A term that refers to a value that is greater when compared with another quantity or measure.

Specific Identification

A method of inventory valuation that tracks the actual cost of each specific item in inventory.

Grocery Store

A grocery store is a retail establishment that sells food and other household goods.