U.S. investors, most tax forms are mailed by January 31 and are available online.
Please sign up for e-delivery of your tax forms to receive immediate notification of when forms are available online.
|Form||Account type||What it reports||Mailed on or before|
|1099-B||Taxable||Proceeds from a sale through the share redemption program||February 18|
|1099-DIV||Taxable||Dividends and capital gain distributions||January 31|
To obtain historical 1099 forms or transaction history, please log in to your account. If you are unable to access these documents, please reach out to our Shareholder Operations Team by phone 888.310.9352 or email email@example.com. Please allow 24 hours for a response via email.
What does it report?
Form 1099-B reports net proceeds from the sale of shares through the share redemption program in taxable accounts.
These proceeds are categorized by short-term gains, long-term gains or losses. These proceeds are categorized by short-term gains, long-term gains or losses. Short-term gains are generally taxed at your ordinary income rate and long-term gains at the long-term capital gains rate, which is typically lower than the ordinary income tax rate.
What else should I know?
This form may report cost basis, gains and losses, and other information to report the sale or exchange of shares.
If you sold shares in a taxable account during the tax year, such a transaction will be reported on Form 1099-B. If shares are “covered securities” as defined in Internal Revenue Code Section 6045, the cost basis and corresponding gain or loss is reported. If all or any of your shares are “uncovered securities”, which are generally shares purchased prior to January 2011, you are responsible for calculating the specific taxable gain or loss resulting from the total proceeds reported on Form 1099-B. Please consult a tax professional for guidance.
What does it report?
Form 1099-DIV reports dividends (ordinary and qualified) and capital gains from taxable accounts, regardless of whether they are paid in cash or reinvested.
Each distribution type will be listed separately. This information can then be used to identify how you will be taxed. Ordinary dividends are generally taxed at your ordinary income tax rate. Qualified dividends and capital gains may be taxed at the long-term capital gains rate, which is typically lower than the ordinary income rate.
What else should I know?
The Tax Cuts and Jobs Act enacted on December 22, 2017, created a new deduction known as the section 199A deduction. Under this rule, eligible taxpayers may be entitled to a deduction of up to 20 percent of their real estate investment trust (REIT) dividends that are taxed as ordinary income. This amount is reported in Box 5a of Form 1099-DIV and is included in the amounts reported in Box1a. Please consult with a professional tax advisor about your specific situation. Black Creek Group and its affiliates do not provide tax advice.
NOT A DEPOSIT • NOT FDIC INSURED • NOT GUARANTEED BY THE BANK • MAY LOSE VALUE • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
The information within this website concerning AREIT and/or BCI IV is solely for informational purposes and constitutes neither an offer to sell nor the solicitation of an offer to buy the securities described in AREIT’s and BCI IV’s prospectuses. The offering is made only by the applicable prospectus. The information presented herein is not, and is not intended to be, a complete discussion of all material information you should know about AREIT and/or BCI IV. If you are considering purchasing shares of AREIT and/or BCI IV, you must thoroughly read the applicable prospectus prior to making a purchase to understand fully all of the implications and risks of the offering of AREIT’s and/or BCI IV’s securities, and carefully consider the investment objectives and policies, risk factors, fees and ongoing expenses of an investment before purchasing shares.
Any dealer participating in the offering can arrange to send you the applicable prospectus upon request. You can also obtain a prospectus of AREIT and/or BCI IV here, by calling toll-free 866.324.REIT (7348), or by visiting EDGAR on the Securities and Exchange Commission’s (“SEC”) website at www.sec.gov and searching for company filings under the name of “Ares Real Estate Income Trust Inc.” and/or “Black Creek Industrial REIT IV Inc.”
AREIT’s and BCI IV’s shares will be offered to the public through Ares Wealth Management Solutions, LLC, which will act as the dealer manager, and through other members of the Financial Industry Regulatory Authority (FINRA) or with the assistance of registered investment advisors. Securities are not FDIC-insured nor bank guaranteed and may lose value. Unless noted otherwise, all properties shown are owned by AREIT or BCI IV.
No offer is made except by a prospectus filed with the Department of Law of the State of New York. Neither the SEC nor any other state securities regulator has approved or disapproved of the securities or determined if AREIT’s and BCI IV’s prospectuses are truthful or complete. In addition, the Attorney General of the state of New York has not passed on or endorsed the merits of AREIT’s or BCI IV’s offerings. Any representation to the contrary is unlawful.
Investors should carefully consider the investment objectives, risks, charges and expenses of the PREDEX Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 1.877.940.7202 or visiting www.predexfund.com. The prospectus should be read carefully before investing. The PREDEX Fund is distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC. PREDEX Capital Management, LLC and Black Creek Group are not affiliated with Northern Lights Distributors, LLC. There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.
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