Pure Multi-Family REIT LP PMULF

Comments from SA Article on American homes 4 Rent

[maypeters]

The following are taken from Brad Thomas's article on SA which apply to RUF also. I thought the info is interesting. 

https://seekingalpha.com/article/4160122-needs-3-ts-just-buy-american-homes-4-rent

As Matt Warner, CFA, with Chilton Capital Management, explains:

“SFR REITs have several unique attributes that could position them for outsized cash flow growth over the next few years, which complements our overweight position to apartment REITs.”

One of the biggest catalysts for the Single-Family Rental segment is Tax Reform, as Matt Warner explains:

“The recent tax reform bill is also expected to provide incremental demand for rental housing. For years, the government has been favoring homeowners in the tax code. However, the new legislation doubled the standard deduction, limited state and local income and property tax deductions to $10,000, and lowered mortgage interest deductions to loans of $750,000 or less.

It is estimated 95% of US tax filers will choose to take the new standard deduction. Without the need to itemize deductions, the majority of homeowners and renters will finally receive the same tax treatment, thus eliminating many of the tax benefits of owning a home.”