Captive Real Estate Investment Trust
A real estate investment trust (REIT) that is controlled by a single company or investor and set up to own the real estate assets of the parent company for tax purposes. This tax mitigation strategy is generally used by large retailers and banks that have many storefronts or branches in numerous locations. There are two types of captive REITs: rental REITs, which are typically used by multi-state retailers, and mortgage REITs, which are used by large banks. Captive REITs are an attempt to capitalize on the favorable tax treatment given to REITs. Rent for individual stores or branches is paid to the captive REIT by the parent company, which deducts them as a business expense, thereby reducing its taxable income. Another potential tax benefit for the parent company is through the dividends paid deduction (DPD) on dividends received from the captive REIT.
This wonderful company was extremely helpful with the purchase of our new home! We worked with Whitney, she is very professional and personable and now good friend. She always made time for us when we had questions or wanted to look at more houses. We would highly recommend her!
AHRE team is the best! Friendly, helpful, and great to do business with!!
Whitney is extremely professional and personable. She is very knowledgeable and was so helpful in the whole process of finding the perfect house. She was great to work with and always made time for us. We would recommend her to anyone in the market to rent or buy!
Amanda and team, Thank you for assisting our buyers find their dream home! They still talk about their awesome experience!
Excellent experience all the way around and sold our house quicker than we ever imagined!
Great new location AND I heard the owner was pretty kewl too! smile emoticon
The home buying process is very overwhelming and confusing with all of the paperwork that is constantly needing to be approved and signed. Glinda, with Amanda Howard Real Estate, made this process as simple as she could and the e-signing helped a lot! As a first time home buyer, I’m very pleased with my experience.
Blessed to be part of this team! Thankful for the opportunity AHRE has given me. I love my job and the people that I work with.
We weren’t looking to buy a house, but I’m glad we came to Amanda Howard when we did. Whitney Stringer was a perfect fit for us! She listened to our concerns, answered our questions, and was patient and very professional. We looked at the house on 6/16, put in an offer on 6/17, and closed on 7/27. Everything went smoothly (and quickly). If we ever have to sell or buy again, we’d definitely go through AHRE!
Thank you Amanda and team for assisting with our relocation to Bama! A great experience. Everyone is happy.