FAQs - REIT Attorneys in 10112
Involves legal matters concerning the creation, management, and operation of REITs, which are companies that own or finance income-producing real estate. Case Example: In United Dominion Industries v. United States, 532 U.S. 822 (2001), the Supreme Court addressed the taxation of REITs. Judgment: The Court held that a REIT could not claim a tax deduction for the distribution of its shares as dividends.