SCOTTSDALE, Ariz., Jan. 29, 2016 /PRNewswire/ -- American Residential Properties, Inc. (NYSE: ARPI) (the "Company") today announced the tax treatment of the Company's 2015 distributions. For the tax year ended December 31, 2015, distributions for the Company's shares of common stock were classified 100% as a return of capital for 2015.
If you have any questions, we encourage you to consult with your tax advisor.
About American Residential Properties, Inc. American Residential Properties, Inc. is an internally managed real estate company, organized as a REIT for federal income tax purposes, that acquires, owns and manages single-family homes as rental properties in select communities nationwide. ARPI's primary business strategy is to acquire, restore, lease and manage single-family homes as well-maintained investment properties to generate attractive, risk-adjusted returns over the long-term.
Additional information about ARPI can be found on ARPI's website at www.amresprop.com.
SOURCE American Residential Properties, Inc.