Tax Tangles: REIT Spinoffs: Opportunities and Issues
This installment of Tax Tangles explains why more and more companies find enticing the prospect of transferring their real estate to a Real Estate Investment Trust (“REIT”) and highlights tax and business issues to consider in contemplating this strategy.
Readers interested in learning more about this subject or other tax issues affecting the real estate industry may contact Michael Grace, Counsel in our Washington, DC office, at 202-659-6776 or mgrace@wtplaw.com. Stacey Pine, a law clerk in our Washington, D.C. office, took the lead in preparing this article.