- 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 investment in real estate attainable to the general public. REITs are a tax-efficient vehicle for making these elections. Recently, the Tax Cuts and Jobs Act has made investment in REITs even more desirable for the investors. It also made some unfavorable law changes that impact Taxable REIT Subsidiaries (TRSs). This course provides an in-depth look at how TRSs are used in REIT structures to provide tenants services and operate businesses that a REIT may not. It is geared toward people who have a working knowledge of REITs.
Upon successful completion of this course, the user should be able to:
identify the basic structure and restrictions of a Taxable REIT Subsidiary (TRS),
identify the practical application of dealing at arm's length in a TRS-REIT structure, and
understand how a TRS facilitates certain tenant services, lodging, healthcare and Timber REITs.