A REIT is a company that owns, operates, or finances income-producing real estate across a range of sectors, including residential, commercial, and industrial properties. Investors can buy shares of a REIT just like a stock, making it a more liquid, hands-off way to invest in real estate. REITs are required to pay out at least 90% of their taxable income to shareholders as dividends. While they offer diversification and accessibility, they don’t provide the same level of control or tax advantages as direct ownership. At Meridian, we help investors who prefer owning tangible assets like single-family homes that offer both passive income and long-term appreciation—with full tax benefits and 1031 exchange eligibility.