June 1996 After a three-year NAREIT effort, the IRS issues the first private letter ruling allowing a REIT to provide cable television to a residential REIT's tenants as part of providing qualifying real estate rental services. This ruling was the first of a series of IRS rulings expanding the type of services a REIT can offer to its tenants as part of generating qualifying real estate rental income.
View the IRS Issues section of REIT.com.
Timeline Year
1996