How is Lend taxed?

Taxation Structure of Lend

Lend operates as a mortgage REIT, which is designed to optimize tax benefits for investors. Here's what this means for you:

  • The fund itself isn't taxed, ensuring more returns are passed on to investors.
  • You, as an investor, are responsible for individual taxation on your returns.
  • Every year, investors receive a 1099-DIV form which helps in reporting dividends. Expect this form by January 31st of each year.

Note: While Lend is set up as a REIT, there's always a risk of non-compliance. If, for some reason, Lend fails to qualify as a REIT, investors would be required to pay income tax on their dividends.