Type PLR Subject 11.00 - Taxable REIT Subsidiary (TRS) 11.02 - Election Issues Year 2015 IRS Link https://www.irs.gov/pub/irs-wd/201539007.pdf Tax Report Link TaxReport (January 13, 2016) Summary IRS grants 90-day extension of time to make TRS election. Title PLR 201539007 Guidance Tags PLR - 201539007