REIT capital gains tax for foreign investors?

Forum|Forum|1 year ago
January 17, 2025
1 reply
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I'm a foreign investor and own 900 shares of VICI. Since the company is a REIT, do I have to pay capital gains taxes or anything else (besides the 30% of dividends that are withheld) if I were to sell those shares? I looked FIRPTA up but it's a bit confusing. From what I've gathered since I own less than 5% of a REIT I'm not subject to capital gain taxes, but still, it's always better to be safe than sorry.

I will appreciate it a lot if anyone can clarify this, thanks!

Best answer by DaveF1006

Yes, generally you do not need to pay capital gains tax if you sell the shares. In addition, you do not need to pay FIRPTA tax as well according to this source.

The only responsibility you have is paying 30% of dividends that are withheld.

DaveF1006Answer

Yes, generally you do not need to pay capital gains tax if you sell the shares. In addition, you do not need to pay FIRPTA tax as well according to this source.

The only responsibility you have is paying 30% of dividends that are withheld.

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