03 Jun '12, 1pm

Buying Opportunity at Renewable Energy REIT, Courtesy of Disgruntled Shareholder: Filed under: Energy News

) aims to be the first renewable energy infrastructure Real Estate Investment Trust (REIT). The Renewable Energy REIT Renewable energy advocates have been calling for a change in the tax laws to allow renewable energy within the REIT structure . A REIT is allowed to pass profits directly through to investors. These profits are not subject to double-taxation like most corporate profits. Owning shares of a renewable REIT would be much like owning a slice of a wind or solar farm . This would open up the renewable energy investment opportunity to everyone, not just corporations and homeowners with with a roof suitable for solar. The catch is that REITs are limited to certain types of real estate based assets, and without a new ruling from the IRS , wind and solar farms are out. Which is why renewable advocates have been calling for just such a ruling. Power REIT CEO David Less...

Full article: http://www.altenergystocks.com/archives/2012/06/buying_op...

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