InPoint Real Estate Declares $18.6 Million in 2025 Distributions

InPoint Commercial Real Estate Income, Inc. distributed roughly $18.6 million to investors in 2025, with $12.6 million paid to common stockholders and $6.0 million paid to preferred stockholders. The disclosure details how those payments were allocated across share classes and how they will be treated for income tax purposes.

All common share classes—P, A, D, I, and T—received monthly cash payments throughout the year. Distribution amounts were largely consistent, generally ranging from about $0.092 to $0.104 per share per month, depending on the class. From a tax perspective, however, the treatment was uniform: every common stock distribution for 2025 was classified as a nondividend distribution.

This classification means the payments are treated as a return of capital, reducing a stockholder’s tax basis rather than being taxed as current income. Only if distributions exceed an investor’s basis would they be recognized as capital gains. The approach reflects the company’s taxable income position for the year and has direct implications for how investors report these payments.

Preferred shareholders experienced a different outcome. Holders of the Series A Cumulative Redeemable Preferred Stock received quarterly payments of $0.4219 per share, totaling $1.6876 for the year. These distributions were treated entirely as ordinary dividends, making them taxable as income. While InPoint maintained a steady payment schedule across all equity classes, the differing tax treatments underscore the importance for investors to review how each distribution applies to their individual tax situation.