Real estate investment trusts may want to take advantage of the new lower corporate tax rate by becoming regular corporations. Jason Wolf and Ryan Dobratz, managers of the Third Avenue Real Estate Value Fund, wrote in a letter to investors published this week that some REITs should consider becoming standard corporations to maximize their value for shareholders, according to Bloomberg. REITs currently pay no federal taxes, and converting to regular corporations would require them to […]
source https://therealdeal.com/2018/04/25/new-tax-law-could-spur-reits-to-become-regular-corporations/
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