Type PLR Subject 11.01 - Generally 11.03 - Noncustomary Services 2.00 - Income Tests - (75% & 95%) 2.01a - Rents from Real Property - 75% Income Test - Generally 2.01b - Rents from Real Property - 75% Income Test - Permissible Services 2.08a - Generally 2.10 - Dividends 4.01 - 75% Test 4.01a - Real Estate Assets Keywords Asset Tests 75% Asset Test Billboard Rentals Controlled Foreign Corporation Generally Accepted Accounting Principles Goodwill phesluclushajowoniloneslatidot 1033(g) Impermissible Services Income Tests 95%/75% Lease Rights Permissible Tenant Services Independent Contractor Real Estate Asset Intangible Rents from Real Property Billboard, Space for Section 1033(g) Subpart F Income Year 2014 IRS Link http://www.irs.gov/pub/irs-wd/201431018.pdf Tax Report Link TaxReport (August 29, 2014) (3) Summary REIT earns qualifying rent from billboards Title 201431018