Re:Redfin Is Leaving NAR
by 4death4 on Tuesday October 03, 2023 @08:12AM
(#37750818)
But owning a REIT is nothing like owning property. Sure, REITs and investment properties both derive cash flows from rent, but the similarities stop there.
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Re:Redfin Is Leaving NAR
by JumpCrisscross on Tuesday October 03, 2023 @09:50AM
(#37751921)
Owning fractional shares in property is also nothing like owning property. You’re not going anywhere profound with this line of argument.
Really? Most people own fractional shares of real estate, e.g. when the property is part of a marital estate.
Investing in a REIT is just investing in a company that happens to derive cash flows from real estate. The only difference is that you have to pay income tax on your dividends. Owning a fractional share of a property is taking an ownership stake in a real asset. The two aren’t related at all.
Why do you keep saying "fractional share"? All shares are fractions. You sound like a moron.
Typically, fractional ownership of real estate assets is typically done via a tenancy in common title, not via a share mechanism, so your “share” (literally “portion”, which can be partial or whole) is a fraction of the whole. How about learn the basics before giving financial advice and calling names.
> When disagreeing, please reply to the argument instead of calling names. "That is idiotic; 1 + 1 is 2, not 3" can be shortened to "1 + 1 is 2, not 3."