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Tax Planning and Reporting for Real Estate Investment Trusts

A live 90-minute premium CLE/CPE video webinar with interactive Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford CPE+ Pass. Click for more information.
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Tuesday, June 17, 2025

1:00pm-2:30pm EDT, 10:00am-11:30am PDT

Early Registration Discount Deadline, Friday, May 23, 2025

or call 1-800-926-7926
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This CLE/CPE webinar will provide tax counsel and advisers with an in-depth analysis of key tax considerations and related issues for real estate investment trusts (REITs). The panel will focus on the tax treatment of REITs, including their structure, organizational and operational limitations, and the taxation of a REIT and its investors. It will also touch on recent guidance from the Treasury and the IRS with respect to REITs and provide thoughts on “best practices” in organizing and operating a REIT.

Description

The original REIT legislation was enacted in 1960 to provide the equivalent of a mutual fund for investment in real estate. To achieve this intent, complex rules were enacted with the aim on ensuring that REITs remain primarily invested in passive real estate investments, those investments are professional managed, and returns from those investments are distributed largely to investors. The “reward” for such compliance is that a REIT can entirely eliminate its liability for U.S. federal income tax.

Today, REITs make up a significant portion of all real estate investing, and the types of REITs and structures are even more complex than was envisioned in 1960. Sponsors, managers, and other REIT professionals have myriad issues to monitor and consider in complying with the REIT tax obligations, and investors should ensure that they understand the nature of REIT taxation, and its limitations and benefits. Any missteps in tax planning and reporting for REITs can significantly impact tax liability.

Tax counsel and advisers must have a thorough understanding of the REIT life cycle, including structuring a REIT, complying with the limitations around asset composition, gross income, and distributions, and taxation of the REIT and its shareholders.

In addition, the Treasury and the IRS are regularly reviewing the taxation of REITs, and new regulations and administrative guidance, including private letter rulings, frequent impact the practice. This panel will cover some of the most recent regulations and pronouncements.

Listen as our authoritative panel guides you through navigating the complex tax rules regarding the tax treatment of REITs.

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Outline

  1. REITs 101
    1. Organizational Requirements
    2. Asset and Gross Income Tests
    3. Distribution Requirements
  2. REIT Structuring
    1. Taxable REIT Subsidiaries
    2. Investments in Partnerships & LLCs
    3. UPREITs
    4. RIDEA Structure
  3. Certain REIT Taxes
  4. Investor Taxation
  5. Recent Developments

Benefits

The panel will review these and other key issues:

  • What are the organizational and operational tax rules for REITs?
  • What are the limitations and benefits of REIT status?
  • What is the impact of recent Treasury and IRS guidance on REITs?
  • What are best practices for confronting and mitigating risk?

Faculty

Anderson, Paige
Paige Anderson
Partner
Vinson & Elkins

Ms. Anderson’s practice focuses on the federal income tax aspects of business transactions, particularly in the...  |  Read More

Senie, Brian
Brian Senie
Partner
Kirkland & Ellis

Mr. Senie advises clients on tax issues arising in real estate transactions and related transactions involving...  |  Read More

Attend on June 17

Early Discount (through 05/23/25)

See NASBA details.

Cannot Attend June 17?

Early Discount (through 05/23/25)

You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. CPE credit is not available on recordings. Strafford will process CLE credit for one person on each recording. All formats include course handouts.

To find out which recorded format will provide the best CLE option, select your state:

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