Real estate, also named immovable property, is a legal concept that



includes and defines a certain section of land along with anything

permanently affixed to it, such as buildings. Real estate or

immovable property is often considered as being synonymous to real

property, in opposition to personal property. However, for technical

purposes, some people prefer to distinguish real estate in relation

to land and fixtures. This differs from real property, referring to

ownership rights over real estate.

Real estate investments are considered to be among the most

profitable investments one can make in today. Many people have

started investing in real estate as the profits calculated in time

almost double the initial investment. Real estate investment

includes investments in houses, lands, terrains and any other surface

that one can speculate upon.

For doing this business, however, there are certain fees to pe paid,

even if there are also reductions of costs for corporations that

invest in real estates.

A Real Estate Investment

The real estate investment trust is a tax concept in which a company

that invests in real estate is not allowed to pay regular taxes for

it. This process as a whole is called the elimination of corporate

income taxes.

There are many people and corporations who also invest in real estate

in other countries. Each country has its own laws regarding real

estate investments, hence these people must be familiar and respect

regulations and fees.

The real estate investment trust concept was invented and introduced

in Australia. This country has the greatest real estate investment

trust market outside the United States.

Real estate investment trusts were also introduced in Bulgaria in

2003 with the so called "Special Purpose Investment Companies Act".

They are pass-through entities for corporate income tax purposes.

People who want to invest in real estates in Bulgaria must take into

consideration these taxes and the conditions of real estate

investment for which they must be suitable.

Countries like Germany or India are in the process of introducing

real estate investment trusts in order to align to the general

conditions and procedures of this method that are most commonly used

in many other countries. The US has the biggest market of real

estate, due to the large territory which they possess. As of the year

2005, there were almost 200 publicly traded real estate investments

that functioned in the US. Their features also included a combined

$500 billion, and more than half of them were trading on the national

stock market. The number of real estate investment trusts is not yet

registered with the Securities Exchange Commission. Unofficially

traded transactions total close to 800.

By being aware of the real estate investment trusts that apply in

many countries, people can calculate their priorities and submit to

the investment process accordingly.