An Introduction to Real Estate Investment Trusts

 Investment Tax, Property Tax, REITs  Comments Off on An Introduction to Real Estate Investment Trusts
Oct 252013
 

A Real Estate Investment Trust – or REIT for short – is a property investment company which pays no tax on the income and capital gains derived from its rental assets. Instead, the tax is effectively transferred to the shareholders, who are treated as if they had invested directly in the underlying properties.

In this introductory article, we shall look at how the tax legislation achieves this result. We shall go on to look at other aspects of the REIT regime in subsequent articles.

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The Lease Premium Rules Part Two – How can a landlord claim tax relief for the property?

 Property Tax  Comments Off on The Lease Premium Rules Part Two – How can a landlord claim tax relief for the property?
Oct 242013
 

In this article we shall see how the Lease Premium Rules can be used to enable a landlord to claim a tax deduction for part of the purchase price of the property. This can be extremely useful since capital costs cannot in general be set against rental receipts.

It should be noted however, that this is not a “cure-all” – the viability of the method proposed depends on a number of factors, as we shall see below. Continue reading »