Tax advisors are often called upon to offer a judgement as to whether a seller is a dealer or an investor. For many taxpayers, status as a dealer can mean paying tax at rates nearly double those applicable to investors. For real estate investment trusts (REITs), dealer status can mean paying all of what would have been their gain over in tax.
Join KPMG LLP (KPMG) professionals for a practical discussion of common situations in which determining whether a seller is a dealer, or an investor, is less than straightforward. We will focus on topics including unsolicited offers, development property, rebalancings, and more.