Bluerock Residential Growth REIT (BRG) Announces 2017 Year End Tax Reporting Information

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NEW YORK, Feb. 1, 2018 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. announced today that the income tax treatment for the 2017 dividends on the Company's common stock and preferred stock is as follows:

 (PRNewsfoto/Bluerock Residential Growth REI)

REPORTING INFORMATION (FORM 1099) – DIVIDENDS

The income tax treatment for 2017 dividends for Bluerock Residential Growth REIT, Inc. Class A common stock, CUSIP No. 09627J102, traded on the NYSE American Exchange under ticker symbol BRG, is as follows (as reported on Form 1099-DIV):

Class A Common Stock


CUSIP # 09627J102
















Capital Gain Breakdown

Record
Date

Payable
Date

 Distribution
Rate Per Share 


Ordinary
Dividend
Rate

Nondividend
Rate

Total Capital
Gains Rate

Total


20 %
Rate Gain

Section
1250 Gain

Total
Capital Gain













12/23/16

1/5/2017

$  0.0966670


4.00450%

64.21020%

31.78530%

100.0000%


78.70650%

21.29350%

100.0000%

01/25/17

2/3/2017

$  0.0966660


4.00450%

64.21020%

31.78530%

100.0000%


78.70650%

21.29350%

100.0000%

02/24/17

3/3/2017

$  0.0966670


4.00450%

64.21020%

31.78530%

100.0000%


78.70650%

21.29350%

100.0000%

03/24/17

4/5/2017

$  0.0966670


4.00450%

64.21020%

31.78530%

100.0000%


78.70650%

21.29350%

100.0000%

04/25/17

5/5/2017

$  0.0966660


4.00450%

64.21020%

31.78530%

100.0000%


78.70650%

21.29350%

100.0000%

05/25/17

6/5/2017

$  0.0966670


4.00450%

64.21020%

31.78530%

100.0000%


78.70650%

21.29350%

100.0000%

06/23/17

7/5/2017

$  0.0966670


4.00450%

64.21020%

31.78530%

100.0000%


78.70650%

21.29350%

100.0000%

07/25/17

8/4/2017

$  0.0966660


4.00450%

64.21020%

31.78530%

100.0000%


78.70650%

21.29350%

100.0000%

08/25/17

9/5/2017

$  0.0966670


4.00450%

64.21020%

31.78530%

100.0000%


78.70650%

21.29350%

100.0000%

09/25/17

10/5/2017

$  0.0966670


4.00450%

64.21020%

31.78530%

100.0000%


78.70650%

21.29350%

100.0000%

10/25/17

11/3/2017

$  0.0966660


4.00450%

64.21020%

31.78530%

100.0000%


78.70650%

21.29350%

100.0000%

11/24/17

12/5/2017

$  0.0966670


4.00450%

64.21020%

31.78530%

100.0000%


78.70650%

21.29350%

100.0000%



$  1.1600000






















The income tax treatment for 2017 dividends for Bluerock Residential Growth REIT, Inc. Series A Preferred Stock, CUSIP No. 09627J508, traded on the NYSE American Exchange under ticker symbol BRG-pA, is as follows (as reported on Form 1099-DIV):

Series A Preferred Stock


CUSIP # 09627J508














Capital Gain Breakdown

Record
Date

Payable
Date

 Distribution
Rate Per
Share 


Ordinary
Dividend
Rate

Total
Capital
Gains Rate

Total


20 % Rate
Gain

Section
1250 Gain

Total
Capital Gain












12/23/2016

1/5/2017

$  0.5156250


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

3/24/2017

4/5/2017

$  0.5156250


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

6/23/2017

7/5/2017

$  0.5156250


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

9/25/2017

10/5/2017

$  0.5156250


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%



$  2.0625000




















The income tax treatment for 2017 dividends for Bluerock Residential Growth REIT, Inc. Series B Preferred Stock, CUSIP #s below, is as follows (as reported on Form 1099-DIV):

 

Series B Preferred Stock




















(CUSIP #'s 09627J805, 09627J870, 09627J862, 09627J854, 09627J847, 09627J839, 09627J821, 09627J813,
09627J797, 09627J789, 09627J771, 09627J763, 09627J755, 09627J730, 09627J722, 09627J714, 09627J698,
09627J680, 09627J672, 09627J664, 09627J649, 09627J631, 09627J623, 09627J615, 09627J599, 09627J581,
09627J573, 09627J565, 09627J557, 09627J540, 09627J532, 09627J524, 09627P207, 09627P306,
09627P405, 09627P504, 09627P603, 09627P702, 09627P801, 09627P884, 09627P876, 09627P868,
09627P850, 09627P843)




















Capital Gain Breakdown

Record
Date

Payable
Date

 Distribution
Rate Per
Share 


Ordinary
Dividend
Rate

Total
Capital
Gains
Rate

Total


20 %
Rate
Gain

Section
1250
Gain

Total
Capital
Gain












12/23/16

1/5/2017

$   5.0000000


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

01/25/17

2/3/2017

$   5.0000000


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

02/24/17

3/3/2017

$   5.0000000


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

03/24/17

4/5/2017

$   5.0000000


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

04/25/17

5/5/2017

$   5.0000000


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

05/25/17

6/5/2017

$   5.0000000


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

06/23/17

7/5/2017

$   5.0000000


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

07/25/17

8/4/2017

$   5.0000000


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

08/25/17

9/5/2017

$   5.0000000


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

09/25/17

10/5/2017

$   5.0000000


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

10/25/17

11/3/2017

$   5.0000000


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

11/24/17

12/5/2017

$   5.0000000


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%



$  60.0000000




















The income tax treatment for 2017 dividends for Bluerock Residential Growth REIT, Inc. Series C Preferred Stock, CUSIP No. 09627J748, traded on the NYSE American Exchange under ticker symbol BRG-pC, is as follows (as reported on Form 1099-DIV):

Series C Preferred Stock


CUSIP # 09627J748














Capital Gain Breakdown

Record
Date

Payable
Date

 Distribution
Rate Per
Share 


Ordinary
Dividend
Rate

Total
Capital
Gains Rate

Total


20 % Rate
Gain

Section
1250 Gain

Total
Capital Gain























12/23/2016

1/5/2017

$  0.4765625


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

3/24/2017

4/5/2017

$  0.4765625


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

6/23/2017

7/5/2017

$  0.4765625


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

9/25/2017

10/5/2017

$  0.4765625


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%



$  1.9062500




















The income tax treatment for 2017 dividends for Bluerock Residential Growth REIT, Inc. Series D Preferred Stock, CUSIP No. 09627J656, traded on the NYSE American Exchange under ticker symbol BRG-pD, is as follows (as reported on Form 1099-DIV):

Series D Preferred Stock


CUSIP # 09627J656














Capital Gain Breakdown

Record
Date

Payable
Date

 Distribution
Rate Per
Share 


Ordinary
Dividend
Rate

Total
Capital
Gains Rate

Total


20 % Rate
Gain

Section
1250 Gain

Total
Capital Gain























12/23/2016

1/5/2017

$  0.3859000


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

3/24/2017

4/5/2017

$  0.4453125


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

6/23/2017

7/5/2017

$  0.4453125


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%

9/25/2017

10/5/2017

$  0.4453125


11.1890%

88.8110%

100.0000%


21.2935%

78.7065%

100.0000%



$  1.7218375




















About Bluerock Residential Growth REIT, Inc.

Bluerock Residential Growth REIT, Inc. BRG is a real estate investment trust that focuses on developing and acquiring a diversified portfolio of institutional-quality highly amenitized live/work/play apartment communities in demographically attractive knowledge economy growth markets to appeal to the renter by choice. The Company's objective is to generate value through off-market/relationship-based transactions and, at the asset level, through Core+ improvements to properties and to operations. The Company is included in the Russell 2000 and Russell 3000 Indexes. BRG has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.

For more information, please visit our website at: www.bluerockresidential.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon the Company's present expectations, but these statements are not guaranteed to occur. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the risk factors set forth in Item 1A of the Company's Annual Report on Form 10-K filed by the Company with the U.S. Securities and Exchange Commission ("SEC") on February 22, 2017, and subsequent filings by the Company with the SEC. We claim the safe harbor protection for forward looking statements contained in the Private Securities Litigation Reform Act of 1995.

View original content with multimedia:http://www.prnewswire.com/news-releases/bluerock-residential-growth-reit-brg-announces-2017-year-end-tax-reporting-information-300592400.html

SOURCE Bluerock Residential Growth REIT, Inc.

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