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.
I moved down here in April 2015 from New York and I did not know any one besides my brother. This company took me in and I consider them my second family. I have had numerous jobs in the past and this is by far the best company I have ever worked for. They also helped me purchase my first house for a great price and great conditions. Nothing but amazing this to say about this company!
Absolutely loved working with this amazing team! Whitney was so helpful in helping us find our home and a genuine person. Great experience all around 😉
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!
I’ve never felt more taken care of in the process of selling my house. Thanks Michelle. You are a rose among real estate thorns! I can’t express my gratitude with words to describe how you’ve helped me with closing a chapter in my life with the sale of my late fathers house. Thank you.
Great new location AND I heard the owner was pretty kewl too! smile emoticon
Great experience! Meg Eldridge made us feel like her only client, and I know we weren’t! She had our best interests at heart, and I feel like she was responsible for getting us the best deal possible. She even called to check on us after everything was done and make sure we were still happy (and we are!). Thanks Meg!
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.
Let me start by saying that my expectations were surpassed immensely. I have been looking at a few houses with a friend who is in the real estate business but was having no luck. So I decided to look on the Internet, to find a realestate agency in the Huntsville area to see what options they offer. I was surprised to find that Amanda Howard realestate was number one in Alabama and ranked in the top 50 across the US. I was shocked again to find that Amanda Howard was endorsed by Barbara Corcoran …
I never hesitate to refer a relocating client to Amanda and Team. They have proven systems for both buyers and sellers and deliver top notch customer service throughout the process… and most importantly RESULTS! The Amanda Howard Team are true professionals and masters of their craft!
AHRE team is the best! Friendly, helpful, and great to do business with!!