Proposed legislation would increase the hold period for long-term capital gains treatment on carried interests to five years. This change would create a conflict of interest for real estate fund managers by widening the disparity between fund managers and investors.
Read MoreFermatas and grand pauses are alternatives a composer can use slow down the pace of the music when the changes to tempowon't create the desired effect. In a real estate transaction, sometimes, the parties’ circumstances don't allow for a holdback, and the parties are forced to look for alternatives.
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