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Factoid of the Day
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Friday, March 12, 2010
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At the present time, foreign investors account for just 10% of U.S. commercial real estate purchases, according to Dan Fasulo, managing director of Real Capital Analytics. The primary reason for the low level of activity is the U.S. requires (Foreign Investment Real Estate Property Tax of 1980) foreign investors to pay as much as a 55% tax on capital gains from the sale of U.S. real estate, REITs and real estate operating companies, according to CNNMoney.com. Such a tax does not exist in the UK. Over half of the capital flowing into its commercial real estate comes from foreigners. Joseph Crowley, a congressman from New York, introduced a bill (Real Estate Revitalization Act of 2010) in January that, if passed, would eliminate some of the current tax burden.
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Unit Investment Trusts Upcoming Deposit Information |
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for CUSIP Information.
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New Jersey Municipal Income Closed-End, 23 |
3/16/2010 |
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Preferred Income, 35 |
3/16/2010 |
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Senior Loan & Limited Duration Plus Closed-End, 4 |
3/16/2010 |
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Smartphone, 1 |
3/16/2010 |
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Build America Bonds, 7 |
3/17/2010 |
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Market Strength Allocation Plus, 2 |
3/19/2010 |
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Technology Select, 35 |
3/19/2010 |
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Balanced Income Select, 15 |
3/23/2010 |
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Tax Exempt Municipal Income, 253 |
3/23/2010 |
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Tax-Advantaged Municipal Closed-End, 9 |
3/23/2010 |
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Convertible & Income Select Closed-End, 22 |
3/24/2010 |
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Investment Grade Select Closed-End, 17 |
3/25/2010 |
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Municipal Income Select Closed-End Portfolio, 22 |
3/25/2010 |
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Covered Call Select Closed-End, 19 |
3/26/2010 |
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Municipal Income Plus Closed End, 7 |
3/26/2010 |
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Dow® Target 10, April 2010 |
4/1/2010 |
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Dow® Target 5, 2nd Qtr 2010 |
4/1/2010 |
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Dow® Target Dividend, April 2010 |
4/1/2010 |
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Global Target 15, 2nd Qtr 2010 |
4/1/2010 |
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Income Allocation Closed-End, April 2010 |
4/1/2010 |
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MSCI EAFE Target 20 , 2nd Qtr 2010 |
4/1/2010 |
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Nasdaq® Target 15, 2nd Qtr 2010 |
4/1/2010 |
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NYSE® International Target 25, 2nd Qtr 2010 |
4/1/2010 |
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S&P Target 24, 2nd Qtr 2010 |
4/1/2010 |
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S&P Target SMid 60, 2nd Qtr 2010 |
4/1/2010 |
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Target 50/50, 2nd Qtr 2010 |
4/1/2010 |
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Target Diversified Dividend, 2nd Qtr 2010 |
4/1/2010 |
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Target Dividend Multi-Strategy, 2nd Qtr 2010 |
4/1/2010 |
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Target Double Play, 2nd Qtr 2010 |
4/1/2010 |
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Target Focus Five, 2nd Qtr 2010 |
4/1/2010 |
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Target Focus Four, April 2010 |
4/1/2010 |
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Target Growth, 2nd Qtr 2010 |
4/1/2010 |
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Target Mega-Cap 2nd Qtr 2010 |
4/1/2010 |
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Target Small-Cap, 2nd Qtr 2010 |
4/1/2010 |
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Target Triad, April 2010 |
4/1/2010 |
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Target VIP Conservative Equity, 2nd Qtr 2010 |
4/1/2010 |
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Target VIP, April 2010 |
4/1/2010 |
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Value Line® Diversified Target 40, 2nd Qtr 2010 |
4/1/2010 |
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Value Line® Target 25, 2nd Qtr 2010 |
4/1/2010 |
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International, 22 |
4/5/2010 |
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Large-Cap, 22 |
4/5/2010 |
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SMid-Cap, 5 |
4/5/2010 |
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Municipal Income Closed-End, 35 |
4/6/2010 |
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Capital Strength , 7 |
4/8/2010 |
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Diversified Equity Strategic Allocation, 2Q '10 |
4/8/2010 |
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Canadian Energy and Income, 17 |
4/9/2010 |
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