Jll income property trust announces tax treatment of 2024 distributions

Chicago , jan. 29, 2025 /prnewswire/ -- jll income property trust, an institutionally managed daily nav reit (nasdaq: ziptax; ziptmx; zipiax; zipimx) with $6.6 billion in portfolio equity and debt investments, today announced the income tax treatment of its dividends paid in 2024. for the tax year ended december 31, 2024, approximately 18 percent of the distributions paid will qualify as non-dividend distribution or return of capital (box 3 on form 1099) and approximately 82 percent of distributions paid will qualify as tax advantaged long-term capital gain (box 2a).
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