Will the Tax Bill Prove Too Much of a Good Thing for the CRE Industry? via National Real Estate Investor

In a first major legislative victory for the Republican Party since President Trump took office, the House and Senate have passed the Tax Cuts and Jobs Act. The $1.5 trillion bill marks the first major overhaul of the U.S. tax code since 1986 and is expected to be a great boon for commercial property owners. Industry analysts predict the new tax code will strengthen demand in the multifamily sector and spur corporations to put more money into real estate assets and new development, in addition to preserving or improving most of the existing tax breaks for real estate investors.

Read more...Will the Tax Bill Prove Too Much of a Good Thing for the CRE Industry? | National Real Estate Investor