### Question
How is the "REIT year" defined?


### Answer
The term **REIT year** is defined in *26 U.S.C. § 172* as follows -

> any taxable year for which the provisions of part II of subchapter M (relating to real estate investment trusts) apply to the taxpayer

#### Citation:
  - *26 U.S.C. § 172*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VI-ITEMIZED DEDUCTIONS FOR INDIVIDUALS AND CORPORATIONS**

