Renthusiast2.0

UK Real Estate Investment Trusts (Reits) launched officially yesterday. The Guardian has an FAQ on how they function, quoting Stephen Herring of BDO Stoy Hayward saying that not only does a Reits investor avoid paying corporation tax and capital gains, can also avoid paying tax on their dividend income if their shares are held, say, in an ISA or a self invested personal pension (SIPP). The Guardian claims some experts argue that property market is peaking and investing now might prove to be a mistake, despite the attractive tax breaks.