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REMICS(REAL ESTATE MORTGAGE INVESTMENT CONDIUTS)
Corresponding to §§ 860A-860G of Title 26 of the U.S. Code (the Internal Revenue Code or
simply “the Code”).
We at Kalpvrishk can help Americans save on their taxes by applying for the
REMIC taxation deduction by using their annual allocation. The annual allocation is derived
from the dividend of the REMIC which is compounded year over year.
REMIC can be applied to the following:
INCOME TAX ✔️
CAPITAL GAINS ✔️
LONG TERM / SHORT TERM GAINS ✔️
CITY, STATE, COUNTY, FEDERAL TAX ✔️
REMIC can NOT be applied to the following:
MEDICARE ❌
SALES TAX ❌
PROPERTY TAX ❌
PENALTIES & INTEREST ❌
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