PROPERTY OWNERS AND MANAGERS SURVEY SINGLE FAMILY PROPERTIES: REASONS FOR ACQUISITION OF RENTAL UNIT - TABLE 77 _______________________________________________________________________________________ ! ! ! TYPE OF SINGLE FAMILY PROPERTY ! ! ! !______________________________________________________! ! ! ! ! ! SINGLE ! ! ! ! ! ! TOTAL ! SINGLE ! SINGLE ! UNIT ! ! ! ! ! ! UNITED ! FAMILY ! FAMILY ! WITH ! CONDO ! COOP ! MOBILE ! ! ! STATES !DETACHED !ATTACHED!BUSINESS! MINIUM !ERATIVE ! HOME ! !_______________________________________________________________________________________! !TOTAL UNITED STATES ! 8773165 ! 6438228 ! 773229 ! 74302 ! 568566 ! 117726 ! 801114 ! !_______________________________________________________________________________________! !REASONS FOR ACQUISI- ! ! ! ! ! ! ! ! !TION OF RENTAL UNIT ! ! ! ! ! ! ! ! !_____________________! ! ! ! ! ! ! ! !ACQUIRED (NOT BY GIFT! 7080642 ! 5086214 ! 648850 ! 59466 ! 509575 ! 79873 ! 696664 ! !OR INHERITANCE) ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! AS RESIDENCE ! 2584462 ! 1843844 ! 188809 ! 9710 ! 205234 ! 47945 ! 288920 ! !_______________________________________________________________________________________! ! TO PROVIDE AFFORD- ! 593598 ! 356630 ! 118599 ! 2496 ! 14053 ! 28223 ! 73597 ! ! ABLE HOUSING ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! FOR INCOME FROM ! 2935163 ! 2044257 ! 335082 ! 19083 ! 213020 ! 12411 ! 311310 ! ! RENTS ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! FOR LONG-TERM ! 1503039 ! 1071392 ! 223216 ! 8316 ! 121014 ! 11023 ! 68078 ! ! CAPITAL GAINS ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! TO CONVERT TO NON- ! 54485 ! 39111 ! 0 ! 3424 ! 0 ! 0 ! 11950 ! ! RESIDENTIAL USE ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! TO CONVERT TO ! 18345 ! 10359 ! 0 ! 0 ! 0 ! 7986 ! 0 ! ! RESIDENTIAL USE ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! AS TAX SHELTER ! 600747 ! 426088 ! 65660 ! 3086 ! 84194 ! 0 ! 21719 ! !_______________________________________________________________________________________! ! AS RETIREMENT ! 1718923 ! 1298821 ! 158682 ! 11108 ! 108533 ! 0 ! 141779 ! ! SECURITY ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! AS FUTURE SECURITY ! 1120611 ! 843026 ! 98117 ! 9556 ! 76007 ! 11952 ! 81953 ! ! FOR FAMILY ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! OTHER REASONS ! 1013560 ! 813039 ! 36656 ! 30815 ! 34335 ! 7173 ! 91542 ! !_______________________________________________________________________________________! ! NOT REPORTED ! 804378 ! 558308 ! 79254 ! 2746 ! 73919 ! 28293 ! 61858 ! !_______________________________________________________________________________________! !ACQUIRED BY GIFT OR ! 939365 ! 827294 ! 50006 ! 12089 ! 7070 ! 2836 ! 40070 ! !INHERITANCE ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! !NOT REPORTED ! 753157 ! 524720 ! 74373 ! 2746 ! 51921 ! 35016 ! 64381 ! !_______________________________________________________________________________________! NOTE: Items will not sum to totals because of multiple responses