Episode
Series 7 Exam Prep 20, REITs and Real Estate Securities
- Podcast
- Open Exam Prep
- Published
- Jun 27, 2026
- Duration seconds
- 188
- Processing state
not_requested
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Summary
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How Equity REITs generate income from property rents versus how Mortgage REITs earn income from interest on loans. - The 90% net investment income distribution rule that allows REITs to avoid corporate-level taxation. - The critical tax trap: REIT dividends are taxed as non-qualified ordinary income to the investor, not at lower qualified dividend rates. - The main risks for REITs, particularly interest-rate sensitivity for Mortgage REITs and general real estate market risk. - The key advantages of REITs over direct real estate ownership, which are liquidity and diversification. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep