Home > Resources > Whitepapers > Treatment of Carbon Emission Units for REIT

Treatment of Carbon Emission Units for REIT

December 22, 2017

In Private Letter Ruling (“PLR”) 201751011 issued on December 22, 2017, the Internal Revenue Service (“IRS”) revoked and modified parts of PLR 201123003 issued on March 4, 2011 regarding the treatment of carbon emission units (“Units”) for a real estate investment trust (“REIT”). Under Income Tax Regulations Section 1.856-10(f),1 the Units do not qualify as real estate assets for the asset test under Sections 856(c)(5) and 856(c)(4)(A) because the Units can be sold separately from the land to which they relate.

I'm For Real

Enter your details once to access all our information and resources

Spotlight

HEB Construction

HEB Construction Ltd has grown from humble beginnings into one of the leading civil construction companies in New Zealand. We provide our clients with a diverse multi-disciplined civil engineering infrastructure capability that helps to sustain the communities in which we work. This capability includes the construction of sub-divisions, roads and bridges (including pavements and surfacing), storm water drainage, pumping stations, water and waste water treatment plants, as well as piling, wharf construction, precast concrete elements and landscaping.

OTHER WHITEPAPERS
news image

EXIT Realty’s Technology Philosophy: Putting People First

whitePaper | October 10, 2022

We all know technology evolves at a breakneck pace. It seems that every hour there are new tools, frameworks, processors and gadgets. Every day, consumers see more options for online services, TV providers, apps, mobile phones and more.

Read More
news image

The New Traditional Asset Class

whitePaper | April 21, 2023

For generations, public markets have been the beating heart of capitalism, reaching their zenith in the latter part of 20th Century, when stock markets in Wall Street, the City of London, Hong Kong, and others were the great centers of capital raising, corporate investment and growth.

Read More
news image

How ATTOM is Powering Real Estate Innovation

whitePaper | May 24, 2022

ATTOM Data Solutions has become fundamental to the decisionmaking processes and business strategies of many real estate companies across the U.S. Allowing them to capitalize on new markets, grow profits, maintain a competitive advantage, and revolutionize home selling, insuring, buying, and investing

Read More
news image

5 ways to benefit from a home equity comeback

whitePaper | December 12, 2022

We are halfway through 2022 and home lending has swiftly shifted in a direction that many didn’t predict. U.S. mortgage rates have soared above 5%, ARM volume accounts for more than 20% of all mortgage refinance and purchases transactions. Home equity volume is up more than 40% from 2021.

Read More
news image

Private lending goes public

whitePaper | May 24, 2022

For many people the investment real estate market is off-limits. They can’t buy and they can’t invest because they lack access to traditional lenders, the banks with big vaults and lots of ATMs. The Urban Institute estimates some 5.2 million potential borrowers have been unable to qualify for residential mortgage financing in recent years because of overly strict qualifying standards. For investors, especially flippers, the situation isworse simply because they represent more lender risk.

Read More
news image

Digital twins & building lifecycle intelligence

whitePaper | June 30, 2022

Named as one of Gartner’s top 10 strategic technology trends for 2019, “Digital Twins” are among the most anticipated technologies for the construction market. Dating back to NASA’s “pairing technology” and sometimes referred to as “Industry 4.0,” digital twins are extensively used in manufacturing and industrial applications. Their value in achieving cost savings and productivity

Read More

EXIT Realty’s Technology Philosophy: Putting People First

whitePaper | October 10, 2022

We all know technology evolves at a breakneck pace. It seems that every hour there are new tools, frameworks, processors and gadgets. Every day, consumers see more options for online services, TV providers, apps, mobile phones and more.

Read More

The New Traditional Asset Class

whitePaper | April 21, 2023

For generations, public markets have been the beating heart of capitalism, reaching their zenith in the latter part of 20th Century, when stock markets in Wall Street, the City of London, Hong Kong, and others were the great centers of capital raising, corporate investment and growth.

Read More

How ATTOM is Powering Real Estate Innovation

whitePaper | May 24, 2022

ATTOM Data Solutions has become fundamental to the decisionmaking processes and business strategies of many real estate companies across the U.S. Allowing them to capitalize on new markets, grow profits, maintain a competitive advantage, and revolutionize home selling, insuring, buying, and investing

Read More

5 ways to benefit from a home equity comeback

whitePaper | December 12, 2022

We are halfway through 2022 and home lending has swiftly shifted in a direction that many didn’t predict. U.S. mortgage rates have soared above 5%, ARM volume accounts for more than 20% of all mortgage refinance and purchases transactions. Home equity volume is up more than 40% from 2021.

Read More

Private lending goes public

whitePaper | May 24, 2022

For many people the investment real estate market is off-limits. They can’t buy and they can’t invest because they lack access to traditional lenders, the banks with big vaults and lots of ATMs. The Urban Institute estimates some 5.2 million potential borrowers have been unable to qualify for residential mortgage financing in recent years because of overly strict qualifying standards. For investors, especially flippers, the situation is worse simply because they represent more lender risk.

Read More

Digital twins & building lifecycle intelligence

whitePaper | June 30, 2022

Named as one of Gartner’s top 10 strategic technology trends for 2019, “Digital Twins” are among the most anticipated technologies for the construction market. Dating back to NASA’s “pairing technology” and sometimes referred to as “Industry 4.0,” digital twins are extensively used in manufacturing and industrial applications. Their value in achieving cost savings and productivity

Read More
More Whitepapers

Spotlight

HEB Construction

HEB Construction Ltd has grown from humble beginnings into one of the leading civil construction companies in New Zealand. We provide our clients with a diverse multi-disciplined civil engineering infrastructure capability that helps to sustain the communities in which we work. This capability includes the construction of sub-divisions, roads and bridges (including pavements and surfacing), storm water drainage, pumping stations, water and waste water treatment plants, as well as piling, wharf construction, precast concrete elements and landscaping.

Events