How Will Tax Reform Impact Commercial Real Estate Markets?
Robert G. Hetsler, Jr. J.D. CPA
Inspirational Leader, Spiritual Warrior, Life & Business Strategist, Author, Entrepreneur Talks about #Overcoming Adversity, #Leadership through Inspiration, #Belief System, #Success #Importance of Progress
It’s no secret that any tax reform coming out of Washington may include repeal of popular Section #1031. This section of the tax code is what allows real estate investors to sell one property and reinvest the proceeds into “like-kind” property and avoid capital gains taxes.
So if reform does axe this popular tax benefit, it makes sense that such an action could have significantly negative affects on the commercial real estate market. Read here for a detailed analysis of how commercial real estate brokers are interpreting the impact of any such tax reform.
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