Type PLR Subject 11.00 - Taxable REIT Subsidiary (TRS) 11.02 - Election Issues Keywords Extension of Time to File REIT Election Taxable REIT Subsidiary Election Year 2015 IRS Link https://www.irs.gov/pub/irs-wd/201552009.pdf Tax Report Link TaxReport (January 21, 2016) (3) Summary IRS considers late-filed TRS election to be timely. Title PLR 201552009 Guidance Tags PLR - 201552009