What is a Real Estate Investment Trust? | How Do REITs Get Taxed?

On today's episode, Darren and Christina are joined by Foundation Capital's Mit Perinpanayagam. The three chat about what a real estate investment trust is and how Mit's company, Foundation Capital is offering private individuals the opportunity to take advantage of large investment funds. They also discuss how the taxes work on the fund and what types of ways you can invest in the fund. Tune in now! Show notes: 00:00 - Introduction 2:00 - How did Mit get into real estate investing? 6:55 - Why did Mit choose southern Ontario to invest in? 10:25 - How does a real estate investment trust (reit) work? 16:00 - How is the fund taxed? 21:10 - When can you use to invest in the fund and what's the minimum amount you can invest? 24:35 - What sets Foundation Capital apart from other REITs? 29:45 - Long term plan for Foundation Capital's fund REAL ESTATE SUMMIT TICKETS: https://www.realestateinvestorssummit.live/real-estate-investors-summit2o3psvby?affiliate_id=4170004 TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound FIND MIT ON: INSTAGRAM: https://www.instagram.com/mitperin/ WEBSITE: https://foundationcapital.ca