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Printable Form 1120-REIT San Diego California: What You Should Know

A) A corporation that operates primarily for profit or is organized for the business of acquiring and holding real, personal, or personal property for sale (whether directly or through affiliates) 2. (B) A real estate investment trust (REIT) that operates primarily for profit or is organized for the business of acquiring and holding real, personal, or personal property for sale (whether directly or through affiliates) for the account or benefit of members (which may include members of a related corporation) where the REIT is organized, to obtain the net proceeds of the sale of property (but with respect to property held for sale, not the net proceeds of the sale) on the same terms and conditions as members receive for the same transactions.  3.  As used in this article, “franchisor” means the corporation, limited liability company, or partnership, or any other entity organized under the law of any jurisdiction, that operates primarily for profit and is organized for the business of acquiring and holding property for sale.  5. (D) As used in this article, a corporation includes any entity that acquires real or personal property for less than net proceeds (whether the property is held and used as collateral in respect of the acquisition).  6.

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