Company: BHM
Filing Date: 2025-10-08
Form Type: S-11
Source: 0001104659-25-097905
Chunk: 374

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-10-08
Form: S-11
Chunk 374
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 their tax advisors
regarding application of backup withholding to them and the availability of, and procedure for obtaining an exemption from, backup withholding.

Statements of Share Ownership

We are required to demand
annual written statements from the record holders of designated percentages of our Series B Redeemable Preferred Stock disclosing
the actual owners of the shares of Series B Redeemable Preferred Stock. Any record stockholder who, upon our request, does not provide
us with required information concerning actual ownership of the shares of Series B Redeemable Preferred Stock is required to include
specified information relating to his shares of Series B Redeemable Preferred Stock in his U.S. federal income tax return. We also
must maintain, within the Internal Revenue District in which we are required to file our U.S. federal income tax return, permanent records
showing the information we have received about the actual ownership of our Series B Redeemable Preferred Stock and a list of those
persons failing or refusing to comply with our demand.

Other Tax Considerations

Tax Aspects of Our Investments in Our Operating Partnership and Subsidiary Partnerships

We believe that our Operating
Partnership currently is, and at the conclusion of this offering, will be, properly classified as a partnership for U.S. federal income
tax purposes and not as an association or as a publicly traded partnership taxable as a corporation. The following discussion summarizes
certain U.S. federal income tax considerations applicable to our direct or indirect investments in our Operating Partnership as a partnership
for U.S. federal income tax purposes and any subsidiary partnerships or limited liability companies that we form or acquire, or each individually
a Partnership and, collectively, the Partnerships. The discussion does not cover state or local tax laws or any U.S. federal tax laws
other than income tax laws.

Classification as Partnerships.
We will include in our income our distributive share of each Partnership’s income and deduct our distributive share of each Partnership’s
losses only if such Partnership is classified for U.S. federal income tax purposes as a partnership (or an entity that is disregarded
for U.S. federal income tax purposes if the entity is treated as having only one owner or member for U.S. federal income tax purposes)
rather than as a corporation or an association taxable as a corporation. An unincorporated entity with at least two owners or members
will be classified as a partnership, rather than as a corporation, for U.S. federal income tax purposes if it:

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