PROPERTY OWNERS AND MANAGERS SURVEY SINGLE FAMILY PROPERTIES: MAIN REASON FOR ACQUISITION OF RENTAL UNIT - TABLE 78 _______________________________________________________________________________________ ! ! ! 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 ! !_______________________________________________________________________________________! !MAIN REASON FOR ! ! ! ! ! ! ! ! !ACQUISITION OF RENTAL! ! ! ! ! ! ! ! !UNIT ! ! ! ! ! ! ! ! !_____________________! ! ! ! ! ! ! ! !ACQUIRED (NOT BY GIFT! 7080642 ! 5086214 ! 648850 ! 59466 ! 509575 ! 79873 ! 696664 ! !OR INHERITANCE ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! AS RESIDENCE ! 2219958 ! 1593048 ! 158777 ! 7012 ! 175334 ! 30118 ! 255669 ! !_______________________________________________________________________________________! ! TO PROVIDE AFFORD- ! 177674 ! 80296 ! 60707 ! 0 ! 3609 ! 11188 ! 21874 ! ! ABLE HOUSING ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! FOR INCOME FROM ! 1695384 ! 1150926 ! 166948 ! 14520 ! 129622 ! 12411 ! 220957 ! ! RENTS ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! FOR LONG-TERM ! 532217 ! 337570 ! 92178 ! 4563 ! 65973 ! 3091 ! 28842 ! ! CAPITAL GAINS ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! TO CONVERT TO NON- ! 28338 ! 24914 ! 0 ! 3424 ! 0 ! 0 ! 0 ! ! RESIDENTIAL USE ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! TO CONVERT TO ! 2518 ! 2518 ! 0 ! 0 ! 0 ! 0 ! 0 ! ! RESIDENTIAL USE ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! AS TAX SHELTER ! 186476 ! 130519 ! 26027 ! 0 ! 25361 ! 0 ! 4569 ! !_______________________________________________________________________________________! ! AS RETIREMENT ! 626119 ! 523937 ! 50079 ! 2665 ! 14140 ! 0 ! 35298 ! ! SECURITY ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! AS FUTURE SECURITY ! 314215 ! 230507 ! 23573 ! 3741 ! 23288 ! 7986 ! 25120 ! ! FOR FAMILY ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! ! OTHER REASONS ! 858509 ! 678617 ! 36656 ! 23542 ! 34335 ! 7173 ! 78186 ! !_______________________________________________________________________________________! ! NOT REPORTED ! 439236 ! 333362 ! 33906 ! 0 ! 37913 ! 7906 ! 26149 ! !_______________________________________________________________________________________! !ACQUIRED (BY GIFT OR ! 939365 ! 827294 ! 50006 ! 12089 ! 7070 ! 2836 ! 40070 ! !INHERITANCE ! ! ! ! ! ! ! ! !_______________________________________________________________________________________! !NOT REPORTED ! 753157 ! 524720 ! 74373 ! 2746 ! 51921 ! 35016 ! 64381 ! !_______________________________________________________________________________________!