2004-11

Type

Rev Proc

Subject

4.01 - 75% Test

4.01b - Government Securities and Cash or Cash Equivalents

4.01a - Real Estate Assets

2.02 - Interest

Keywords

Government Securities

Repurchase Agreement

Real Estate Asset

Repurchase Agreements/Bankers' Acceptance

Regulated Investment Company (RIC)

Repurchase Agreements, Qualifying Asset of

Repurchase Agreements

See Real Estate Asset

Asset Tests

Repurchase Agreements

Bankers Acceptance/Repurchase Agreement

Year

2004

IRS Link

http://www.irs.gov/irb/2004-28_IRB/index.html

Summary

Repurchase agreements considered "good" RIC asset.

Title

2004-28

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REITs, or real estate investment trusts, are companies that own or finance income-producing real estate across a range of property sectors. These real estate companies have to meet a number of requirements to qualify as REITs. Most REITs trade on major stock exchanges, and they offer a number of benefits to investors.

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2004-11

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