Could a new bill tax your partnerships over twice the current rate?
The latest assault in the heated battle over legislation that could double taxes on real estate partnerships and private equity firms comes in the form of a new study that argues the law would squeeze $5 billion in additional taxes from real estate investors alone.
The study, released in November by the Real Estate Roundtable, a trade group based in Washington, D.C., also asserts that the law would weaken commercial real estate markets by prompting investors to pass on projects that don't offer a “competitive return,” specifically marginal projects in less desirable locations. But advocates of the tax change disagree with...[more]
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