While the full effects of the new administration’s tax policies and the Federal Reserve’s interest rate adjustments will take time to materialize, these factors will undoubtedly play a critical role in shaping the future of the commercial real estate market.
Commercial Real Estate Drivers Remain Interest Rates And Political Policies Read More »
President Biden just released a proposed 2024 budget in which he pitched eliminating tax breaks for real estate and private equity firms as part of his efforts to cut the country’s budget deficits by nearly $3 trillion over the next decade. The White House is aiming to recover about $19 billion by closing the loophole known as the “like-kind exchange,” or 1031 exchange. CLICK ON THE HEADLINE FOR MORE
President Biden Looks To End ‘Sweetheart’ Deals For Real Estate And Billionaires Read More »
The triple threat proposals would be a simultaneous end to the 1031, basis step-up on death, and doubling of capital gains—three things near and dear to the real estate industry and viewed by a lot of people as part of the fabric of real estate investment. CLICK ON THE HEADLINE FOR MORE
Biden Tax Proposals Could Mean Pain For Real Estate Read More »
