FundTax® REIT Calculations & Reporting Overview
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FundTax® - Real Estate Investment Trusts (REITs)

  • Automate REIT Calculations & Reporting-Save Time & Reduce Error Risk

    GainsKeeper FundTax® is a powerful automated tax reporting solution already relied upon by more than 4,500 U.S. mutual and hedge funds. This solution allows automation of the calculation of Return of Capital, Long-Term Capital Gain and §1250 amounts paid on REIT securities. In addition, the REIT application tracks basis adjustments on securities sold and calculates the appropriate gain or loss.

    FundTax Benefits

    • Eliminate potential reconciliation errors that can occur when using separate spreadsheets and systems
    • Process up to 10,000 transactions a second and avoid critical production delays
    • Reduce the amount of time spent on tax reporting compliance
    • Facilitate tax provision completion as well as 1120-RIC preparation
    • Address multiple tax rules with integrated straddle, short sale, wash sale, PFIC and REIT algorithm