Questions about investing in reits

I am not talking about mortgage reits.

Some posters must own reits. :slight_smile:

If I buy some shares of a reit in an ira, am I going to have to send a tax form to the irs? Has anybody here ever owned a reit in an ira and had to pay a tax because of a distribution?

I have SIR (something REIT) in my IRA. Haven’t had to send tax form or pay YET. Expect to pay when I take out the $$ from IRA. I am counting on broker to tell me what I will owe then.

@esobay,

Thanks.