The property IsREIT captures whether a given security is a share of a Real Estate Investment Trust. Here are some common questions asked on the property.
Q. How should IsREIT be populated?
A. IsREIT is a boolean, which means it should be populated as either TRUE or FALSE (or the numbers 1 or 0 representing TRUE or FALSE respectively).
Q. Is it a requirement to populate IsREIT in order for a positions file to validate?
A. Checking the properties information page at this link shows that IsREIT is not a required property.
Q. What will be the result of not providing IsREIT in our positions file?
A. Since IsREIT is not required for a positions file to validate, the positions will not be affected if IsREIT is not provided.
Q. Does IsREIT have a default value?
A. There is no default value for IsREIT. Since the property is a boolean, the effect of leaving it blank will be as if IsREIT were set to FALSE.
Q. What rules use IsREIT in the calculation?
A. Looking at the 'Used in Rules' button, we can see the below rules which use the IsREIT property.