Ideas & Insights

Proposals include a $500,000 cap on gain deferral for like-kind exchanges and eliminating stepped-up basis with a $1 million exemption.

Summary of the American Families Plan and the potential impact that it could have on the real estate industry.

The final regulations broaden the definition of real property compared to the more restrictive definition in the proposed regulations.

The new proposed regulations clarify what constitutes ‘real property’ for purposes of section 1031 to help implement changes in TCJA.

Procedures provide guidance for the retroactive expensing of qualified improvement property and reconsidering of elections.

Provides more time to elect out of 163(j) interest deduction limitation for taxpayers with certain real property or farming businesses.

Immediate and retroactive expensing of qualified improvement property creates tax saving opportunities for taxpayers.

Puerto Rico has enacted new legislation to provide additional tax benefits for investing in projects in PR opportunity zones.

The new Qualified Opportunity Zone regulations answer many questions that favor taxpayers, though some questions remain.

The proposed regulations address many concerns around qualified opportunity zones but questions remain to be addressed in further guidance.

For real estate investors and businesses, the final tax reform bill makes several significant changes compared to prior law.

Real Estate Roundtable’s Tax Policy Advisory Committee suggests liberalizations and clarifications to proposed regulations.

To receive the maximum tax benefit from investment in qualified opportunity zones, real estate investors must understand the options.