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 Keywords Billboard Rentals Cost-Sharing Agreements Digital Billboards Gross Income Defined phesluclushajowoniloneslatidot 1033(g) Impermissible Tenant Services Income Income Tests 95%/75% Lease Rights Leases Permissible Tenant Services Independent Contractor Reimbursements Rents from Real Property Billboard, Space for Section 1033(g) Taxable REIT Subsidiary Year 2015 IRS Link http://www.irs.gov/pub/irs-wd/201522002.pdf Tax Report Link TaxReport (October 13, 2015) Summary Income from billboard rentals is “rents from real property” Title 201522002