Marinas are Attracting Investors Who See Earnings Potential

Investors began noticing marinas after the Internal Revenue Service decided in 2013 that slips leased to boat owners constitute real estate assets.

REITs have special tax status under federal income law and were created to promote widely held investment in real estate portfolios. Equity REITs invest in and own properties. Revenues come from leasing space — in this case, slips and dry storage — and are distributed as dividends to shareholders.