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REIT (real estate investment trust)

Real Estate Investment Trusts, commonly referred to as REITs, are a unique type of corporation that focuses on investing in real estate. One of the key benefits of REITs is that they are exempt from paying federal income taxes, as long as they distribute at least 90% of their profits to shareholders in the form of dividends. This makes them an attractive option for investors looking to diversify their portfolio and potentially earn steady income.
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