A "Statistics of Income" nugget

Housing finance people with an interest in Real Estate Investment Trusts (REITs) may be interested in this spring's IRS Statistics of Income Bulletin. It includes a report on the Taxable REIT Subsidiaries created in 2001, the first year they were allowed to form. The report says the new entity "allows a REIT to offer a more complete range of services to its tenants without jeopardizing its status as a REIT."