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.
Buying a house was so much easier than I expected! The real estate team walked with me through every step of the way, which was very important since this was the first time I tried buying a house. From the start, Allie made it very clear that my happiness and financial well being were her number one priority!
Amanda Howard Real Estate was recommended by my granddaughter, who knew Amanda through her work activity. Her recommendation certainly held true. Michele Daymond surely stood up for the company. The entire force at Amanda Howard is involved, and they sold my condo in a matter of days!
I have worked at Amanda Howard Real Estate for the past year, and it has been a phenomenal experience. From the exposure to young professionals performing at a high level, to assisting families in the purchase and sale of their dream homes, to the level of personal support and encouragement shown on a continual basis, my career is incredibly fulfilling!
100% LOVE working for Amanda Howard Real Estate! The honesty and integrity of our team makes working here a great experience personally and professional!!!
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!
Thank you Amanda and team for assisting with our relocation to Bama! A great experience. Everyone is happy.
Amanda Howard real Estate was awesome, it was a quick process for me cause I already knew what I want. For areas that I needed help with, they had the solution. Thank you!!
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 😉
I was very impressed with the knowledge and experience from Clair Lee, my realtor, from Amanda Howard Realty. I have listed two homes with this company and have been more than satisfied with the results. They are the only company that I have dealt with in the last 20 years that has total feedback daily on the market and personal feedback on the homes that I had listed. I would definitely recommend this company highly.
It was our first time buying a home and it was pleasant!