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Tag: 1031

How Proposed Tax Law Changes Will Disrupt the Real Estate Industry

By Alexander J. Narcise, Partner-in-Charge, Real Estate & Construction Services The American Families Plan, which the White House describes as “once‐in‐a‐generation” legislation, is designed to help families cover basic expenses such as health care, education, and childcare. The plan, announced in March, includes about $1 trillion in investments and $800 billion in tax cuts over ten years, paid for in part by higher taxes on those making $400,000 or more per year. The...

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