This Is How Much I Make in REIT Dividend Income
I have a fairly large collection of dividend-paying stocks in my portfolio, including seven real estate investment trusts (REITs). That means I collect both qualified and nonqualified dividends, with REIT income (of the nonqualified variety) largely treated as regular income.
But there's a nuance here based on where I own the REITs that makes a huge difference when I pay my taxes and when I'm planning for the future. Here's a closer look.
My list of REIT holdings includes Realty Income (NYSE: O), W.P. Carey (NYSE: WPC), Federal Realty (NYSE: FRT), Ventas (NYSE: VTR), Simon Property Group (NYSE: SPG), Alpine Income Property Trust (NYSE: PINE), and, thanks to a Realty Income spinoff, Orion Office REIT (NYSE: ONL). There's a lot going on here, which is increasingly obvious as I get ready to file my 2021 taxes.
Source Fool.com
