Tax Report 2015-36 PLR 201549013

Type

PLR

Subject

2.00 - Income Tests - (75% & 95%)

2.01a - Rents from Real Property - 75% Income Test - Generally

Keywords

Public Master Limited Partnership

Rents from Real Property

Billboard, Space for

Year

2015

IRS Link

http://www.irs.gov/pub/irs-wd/201549013.pdf

Tax Report Link

TaxReport (January 20, 2016) (2)

Summary

Publicly traded partnership’s income from billboard rentals is qualifying “rents from real property.”

Title

PLR 201549013

Guidance Tags

PLR - 201549013

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Tax Report 2015-36 PLR 201549013

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