Company: SQFTP
Filing Date: 2025-12-18
Form Type: 424B3
Source: 0001493152-25-028343
Chunk: 64

Company: Presidio Property Trust, Inc.
Filing Date: 2025-12-18
Form: 424B3
Chunk 64
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 will be sustained by a court if challenged by the IRS. This summary does not discuss any state, local or non-U.S. tax consequences, or any tax consequences arising under any U.S. federal tax laws other than U.S. federal income tax laws, associated with the purchase, ownership or disposition of our capital stock, or our election to be taxed as a REIT.

You are urged to consult your tax advisor regarding the tax consequences to you of:

| ● | the                                                                                                                                     
 purchase, ownership or disposition of our capital stock, including the U.S. federal, state, local, non-U.S. and other tax consequences; |
| ● | our                                                                                                                                     
 election to be taxed as a REIT for U.S. federal income tax purposes;                                                                    |
| ● | potential                                                                                                                               
 changes in applicable tax laws (including applicable effective dates to such changes, such as those enacted under the One Big Beautiful 
 Bill Act. P.L. 119-21 (enacted on July 4, 2025 (the “2025 Act”)); and                                                                   |
| ● | sunsetting                                                                                                                              
 of certain existing provisions of the Code, including certain tax rates which are to revert to prior rates under the Code.              |

Taxation of Our Company

General.

We elected to be taxed as a REIT under Sections 856 through 860 of the Code commencing with our taxable year ended December 31, 2000 . We believe that we have been organized and have operated in a manner that has allowed us to qualify for taxation as a REIT under the Code commencing with such taxable year, and we intend to continue to be organized and operate in this manner. However, qualification and taxation as a REIT depends upon our ability to meet the various qualification tests imposed under the Code, including through actual operating results, asset composition, distribution levels and diversity of stock ownership. Accordingly, no assurance can be given that we have been organized and have operated, or will continue to be organized and operate, in a manner so as to qualify or remain qualified as a REIT. See “— Failure to Qualify” for potential tax consequences if we fail to qualify as a REIT.

| 44 |

Whiteford, Taylor & Preston L.L.P. (“Whiteford”) has acted as our special tax counsel in connection with this registration statement. Whiteford will render an opinion to us to the effect that, for the years we have elected to be taxed as a REIT for U.S. federal income tax purposes, comm