KPMG report: Healthcare REITs and whether to amend taxable REIT subsidiary leases

KPMG report: Healthcare REITs

The effects of the coronavirus (COVID-19) pandemic on the U.S. economy and different businesses have resulted in certain rent concession requests from tenants.


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In turn, this raises a common question when the landlord is a real estate investment trust (REIT) that leases property to a related tenant: Should a lease between the healthcare REIT and its taxable REIT subsidiary (TRS) be modified? The answer includes a “dose of caution.”

Read a May 2020 report [PDF 74 KB] prepared by KPMG LLP: What’s News in Tax: A Common Question from Healthcare REITs: Should the TRS Lease Be Amended during Tough Times?

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