Ideas & Insights

This Alert summarizes impacts of the recently-issued interest deduction limitation guidance on the real estate industry.

Taxpayers often struggle to quantify participation for the passive activity rules. A recent court decision may affect those calculations.

The ability to revoke elections and file amended returns means partnership may have more than one option to benefit from CARES Act.

Fractions rule compliant structures may be more appealing to real estate fund managers and qualified tax-exempt investors.