- NY Credits : 2.0
- TX Credits : 2.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 2.0
Real Estate Investment Trusts (REITs) are a vehicle to make an investment in real estate attainable to the general public. REITs are a tax-efficient vehicle for domestic and foreign investors. The Tax Cuts and Jobs Act made investing in REITs continue to be desirable. The rules for REITs are quite complex and unique. This course provides an in-depth look at the REIT income tests and is geared toward people who have a working knowledge of REITs. This course looks at the practical application of IRC Section 856 to varying types of revenue and how they are captured in the REIT income tests.
Included with subscription(s):
Upon successful completion of this course, the user should be able to:
recognize the concept of and approach to the various REIT income tests,
identify the treatment of various types of income under the REIT tests,
determine how independent contractors may be used by REITs to provide services, and
determine what happens when a REIT fails an income test.