{
  "id": "ELE_REIT_DISTRIBUTION_DEDUCTION",
  "name": "REIT Undistributed Income Tax Avoidance",
  "category": "deduction",
  "jurisdiction": "federal",
  "eligibility_type": "opportunity",
  "eligibility": {
    "description": "The REIT must calculate and pay out sufficient dividends during the calendar year to meet the 'distributed amount' requirements relative to its 'required distribution'.",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "deadline_passed",
    "retroactive_note": "Action required during tax year — verify if still applicable",
    "forward_status": "available"
  },
  "description": "Avoids a 4% excise tax on REITs by meeting specific distribution thresholds (85% of ordinary income and 95% of capital gain net income).",
  "irc_reference": "IRC §4981(c)",
  "deadline": "",
  "savings_potential": "medium",
  "benefits": "investor",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}