Qualified REIT subsidiary vs. Taxable REIT subsidiary?
Can someone explain to me the difference/relationship between a QRS (Qualified REIT subsidiary) and a TRS (Taxable REIT subsidiary)?
[{"id": "cnagxob", "text": "[This wiki post](http://en.wikipedia.org/wiki/Taxable_REIT_subsidiaries) seems to summarize it well. I personally don't know if that is accurate or not. ", "replies": [{"id": "cnagy9y", "text": "#####&amp;#009;\n\n######&amp;#009;\n\n####&amp;#009;\n [**Taxable REIT subsidiaries**](https://en.wikipedia.org/wiki/Taxable%20REIT%20subsidiaries): [](#sfw) \n\n---\n\n&gt;\n\n&gt;__Taxable REIT subsidiaries__ (*TRSs*) allow [real estate investment trusts](https://en.wikipedia.org/wiki/Real_estate_investment_trust) (*REITs*) to more effectively compete with other real estate owners. They do this by providing services to tenants or third parties such as landscaping, cleaning or concierge, and they provide new earnings growth opportunities.\n\n&gt;\n\n---\n\n^Interesting: [^Real ^estate ^investment ^trust](https://en.wikipedia.org/wiki/Real_estate_investment_trust) ^| [^Huntington ^Bancshares](https://en.wikipedia.org/wiki/Huntington_Bancshares) ^| [^Corporate ^tax ^in ^the ^United ^States](https://en.wikipedia.org/wiki/Corporate_tax_in_the_United_States) ^| [^American ^Home ^Mortgage](https://en.wikipedia.org/wiki/American_Home_Mortgage) \n\n^Parent ^commenter ^can [^toggle ^NSFW](/message/compose?to=autowikibot&amp;subject=AutoWikibot NSFW toggle&amp;message=%2Btoggle-nsfw+cnagy9y) ^or[](#or) [^delete](/message/compose?to=autowikibot&amp;subject=AutoWikibot Deletion&amp;message=%2Bdelete+cnagy9y)^. ^Will ^also ^delete ^on ^comment ^score ^of ^-1 ^or ^less. ^| [^(FAQs)](http://www.np.reddit.com/r/autowikibot/wiki/index) ^| [^Mods](http://www.np.reddit.com/r/autowikibot/comments/1x013o/for_moderators_switches_commands_and_css/) ^| [^Magic ^Words](http://www.np.reddit.com/r/autowikibot/comments/1ux484/ask_wikibot/)", "replies": [], "depth": 2}], "depth": 1}]