Tax Issues for Real Estate Leasing By Tax-Exempt Organizations

In private rulings, the IRS has sanctioned several ways in which a prime lease to a tenant that subleases to others can structure a gross receipts formula for rent that will not result in the rental payments being characterized as based in whole or in part on profits.

17 minute readAugust 25, 2009 at 08:08 AM
By
Michael J. Huft
Tax Issues for Real Estate Leasing By Tax-Exempt Organizations

The first article in this series (March 2009) examined the issues involved when a tax-exempt organization leases improved property to one or more parties. The primary issue examined in that

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