TaxReport2017-9

Type

PLR

Subject

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

2.08 - Gross Income Defined

Keywords

Gross Income

Defined

Items of Income Included

phesluclushajowoniloneslatidot

856(c)(5)(J)

Section 856(c)(5)(J)

Year

2017

IRS Link

https://www.irs.gov/pub/irs-wd/201716043.pdf

Tax Report Link

TaxReport (June 16, 2017) (2)

Summary

State grants from tax increment financing considered qualifying REIT income

Title

PLR 201716043

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What's a REIT?

REITs, or real estate investment trusts, are companies that own or finance income-producing real estate across a range of property sectors. These real estate companies have to meet a number of requirements to qualify as REITs. Most REITs trade on major stock exchanges, and they offer a number of benefits to investors.

Why Invest in REITs

REITs historically have delivered competitive total returns, based on high, steady dividend income and long-term capital appreciation. Their comparatively low correlation with other assets also makes them an excellent portfolio diversifier that can help reduce overall portfolio risk and increase returns. These are the characteristics of real estate investment.

About Nareit

Nareit serves as the worldwide representative voice for REITs and real estate companies with an interest in U.S. real estate. Nareit’s members are REITs and other real estate companies throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses.

TaxReport2017-9

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What's a REIT?

Why Invest in REITs

About Nareit

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