American Homes 4 Rent Announces Tax Treatment of 2020 Distributions
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CALABASAS, Calif., Jan. 29, 2021 /PRNewswire/ American Homes 4 Rent (NYSE: AMH) (the Company ), a leading provider of high-quality single-family homes for rent, today announced the tax treatment of the Company s 2020 cash distributions.
For the tax year ended December 31, 2020, cash distributions for its:
Common shares
6.35% Series E redeemable perpetual preferred shares
5.875% Series F redeemable perpetual preferred shares
5.875% Series G redeemable perpetual preferred shares
6.25% Series H redeemable perpetual preferred shares
(1)
100% of the Ordinary Dividend Income is treated as Internal Revenue Code (IRC) Section 199A Qualified REIT Dividend Income. Treasury Regulation §1.199A-3(c)(2)(ii) requires that shareholders hold their REIT shares for at least 45 days in order for the dividends to be treated as Section 199A Divi
2.117911
To the extent that Unrecaptured Section 1250 Gain exists, the gain is a subset of, and included in, the Total Capital Gain Distribution amount.
The Section 199A Dividend and Qualified Taxable Dividend are subsets of, and included in, the Ordinary Taxable Dividend.
Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company.
About Sun Communities, Inc.
Sun Communities, Inc. is a REIT that, as of October 30, 2020, when it completed its acquisition of Safe Harbor Marinas, LLC, owned, operated, or had an interest in a portfolio of 532 properties comprising approximately 184,000 developed sites in 38 states and Ontario, Canada.
Healthpeak Properties Announces Tax Treatment of 2020 Distributions
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DENVER, Jan. 15, 2021 /PRNewswire/ Healthpeak Properties, Inc. (NYSE: PEAK) announced today the tax treatment of its 2020 distributions. The following table summarizes, for income tax purposes, the nature of cash distributions paid to stockholders during the calendar year ended December 31, 2020:
Common Stock (CUSIP # 42250P103)
15.97%
The 2020 Non-Qualified Ordinary Dividends are also reported on Form 1099-DIV, Box 5, Section 199A Dividends. Treasury Regulation §1.199A-3(c)(2)(ii) requires that shareholders hold their REIT shares for at least 45 days in order for the dividends to be treated as Section 199A Dividends. Shareholders should consult with their tax advisors to determine whether this requirement affects any portion of the dividends included in Box 5.