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.
We worked with Natalie, a buyer specialist. She was professional, friendly, and knowledgeable. She was laid back while showing us homes (patient with our 4 year old sons!), and answered all questions. She was easy to work with and met all our needs. She assisted in making the buying process as easy as possible. Everything went smoothly from initially contacting her to closing on our family home.
I don’t write many reviews. And usually when I do it’s not because of a wonderful experience. BUT I am so unbelievably impressed with Natuski. I work out with Amanda and Clair, and in casual conversation of us considering buying a house, they put me in touch with Natuski. I cannot say enough good things about her. She is the one you want, if you want someone friendly but serious about working for you. She was patient when we went in all different directions, and really helped me narrow down loo…
Amanda Howard Real Estate is by far the greatest company you could work for in this industry. I have never been happier in my life and have the greatest team to support me. This company is a big family and they want everyone to be successful. You couldn’t ask for a better place to have your career. Best decision hands down to work with this company!
We used Whitney Stringer as our buying agent for purchasing our new home. Whitney, as well as the entire staff at Amanda Howard was very patient with all of our questions and kept us up to speed as we navigated this very complicated process. Overall, it was a relatively painless process, and we are very happy with our new home!
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.
Natsuki Tani was an outstanding buyer’s agent; the best I have ever worked with! From the moment I contacted Amanda Howard Real Estate and received my first phone call from Natsuki, she put me at ease with the buying process. She is so knowledgeable, always answered my questions thoroughly and provided great advice and guidance throughout the process. I was shopping for homes in Madison, Alabama while still living in Texas and …
Y’all were very helpful in our search for a home. Natalie made the process easy and was very communicative.
Great new location AND I heard the owner was pretty kewl too! smile emoticon
Excellent and best service. Very attentive to my needs and friendly staff
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 …