The American Families Plan proposes ending the ability for investors to use Section 1031 to defer taxes on gains greater than $500,000. Business owners and real estate investors can take action now to minimize the tax impact of this and other proposed tax changes.
Read MoreThe American Families Plan would eliminate the stepped-up basis for many heirs.
Read MoreThe American Families Plan proposes the elimination of the long-term capital gains rate. If passed as proposed, these tax changes are likely to reduce transaction volume and shift real estate investment focus from long-term gains to short-term returns.
Read MoreThe real estate investment strategy of doing successive Section 1031 exchanges and planning for a stepped up basis upon death may no longer be viable if the Biden tax plan becomes law.
Read MoreReal estate fund sponsors should establish policies and procedures and adapt their legal documents to prepare for the Corporate Transparency Act.
Read MoreEffective March 15, 2021 most Rule 506(c) issuers need only verify an investor's accredited status once every five years.
Read MoreThe newly-passed Corporate Transparency Act will require many small businesses and real estate investment to disclose their beneficial owners.
Read MoreReal estate owners can’t outsource or move real estate–they can only reimagine how the real estate will be used. Those who view the pandemic as an opportunity for growth will be part of real estate's post-pandemic evolution.
Read MoreStarting in December individuals may be accredited based upon their credentials, and issuer employees may be accredited based upon their "knowledge." However, there is no bright-line test to determine which employees are sufficiently knowledgeable to be accredited investors.
Read MoreThe SEC has adopted a rule expanding the definition of accredited investor to include certain securities professionals, knowledgeable employees of the issuer, and others.
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