This treatise provides in-depth discussion of tax principles, disclosure and other securities principles, and state regulation of public and private real estate securities transactions. There is also coverage of compliance with the Sarbanes-Oxley Act of 2002. An entire chapter is devoted to each type of investment vehicle, including limited partnerships, Real Estate Investment Trusts, S Corporations, real estate syndications, equipment leasing programs, farmland and agriculture, livestock programs, motion pictures, oil and gas programs, research and development programs, real estate syndications, and other direct participation programs.