Posts Tagged: REHC

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Make Sure Your Real Estate is in Good “Form”

Lately, we have come across several situations involving improper formation of real estate holding companies that hold real property occupied by a union local and/or its related benefit funds. Real estate holding companies (REHC) are specifically formed to hold title for and control real property. Union locals generally own 100 percent of an REHC as a wholly-owned subsidiary. However, if a C corporation is formed to hold the real property, there are certain application forms that must be filed with ... Read more