Reported 30 days ago
As the U.S. elections approach, the commercial real estate industry is increasingly apprehensive about potential tax increases and the expiration of tax breaks that were previously implemented. With rising delinquencies, soaring vacancy rates, and high financing costs, the industry is advocating for the continuation of tax benefits championed by former President Trump. Crucial tax provisions such as pass-through deductions, like-kind exchanges, and capital gains tax rates are at the forefront of their concerns as they prepare for uncertain times ahead, regardless of which administration takes charge.
Source: YAHOO