Distributions
Inland Western intends to pay monthly cash distributions to stockholders on the 10th of each month. The current annualized distribution rate is $0.6425 per share. Inland Western can provide no assurance that it will be able to pay or maintain distributions or that distributions will increase over time.
Distribution Options:
Distributions are paid to the stockholder of record at the address of record unless otherwise specified. Stockholders may elect to have their distributions checks electronically deposited or mailed directly to a third party institution, such as a bank account or mutual fund. They may also choose to participate in the Distribution Reinvestment Program. Stockholders may chose to change their distribution payment option at any time by completing the Inland Western Change of Distribution Election Form.
Please note that if your investment is held in an IRA or another type of custodial account, the custodian's signature is required to make any change to your distribution option.
Tax Deferral:
A non-taxable return of capital generally occurs if REIT net cash flow and distribution payments exceed REIT taxable income. Net cash flow and distribution payments may sometimes exceed taxable income if depreciation, a non-cash expense, is large. When the cash a REIT distributes exceeds its taxable income, the IRS regards the excess as a non-taxable return of capital. The excess reduces the stockholder's tax basis in the shares. If, at a future date, the shares are sold at a profit, the stockholder is required to calculate his capital gain based on his reduced basis in the shares.
