AMH Announces Tax Treatment of 2024 Distributions

Core Viewpoint - AMH announced the tax treatment of its 2024 cash distributions, detailing the classification of ordinary dividend income and capital gain distributions for the year ended December 31, 2024 [1][2][3] Distribution Classification - For the tax year 2024, quarterly cash distributions were classified as follows: - Ordinary Dividend Income: 56.415249% for each quarter - Capital Gain Distributions: 43.584751% for each quarter - Total distributions for each quarter amounted to 100% [1] - 100% of the ordinary dividend income is treated as Internal Revenue Code (IRC) Section 199A Qualified REIT Dividend Income, requiring shareholders to hold their REIT shares for at least 45 days [1] - 30.154110% of the capital gain distributions is treated as unrecaptured IRC Section 1250 gain, with all capital gain distributions relating to IRC Section 1231 gains [2] Tax Return Status - The tax return for the year ended December 31, 2024, has not yet been filed, and the income tax classification for the distributions has been calculated using the best available information as of the release date [3] Company Overview - AMH is a leading large-scale integrated owner, operator, and developer of single-family rental homes, focusing on acquiring, developing, renovating, leasing, and managing homes as rental properties [4] - As of September 30, 2024, AMH owned nearly 60,000 single-family properties across various regions in the United States [5]