Opportunity Zones
President Donald Trump is expected to sign a massive tax relief and spending package today, which was narrowly passed by both the Senate and House earlier this week. While a lot of the bill’s debate has centered on its significant cuts to Medicaid and potential multi-trillion-dollar addition to the national deficit, there are some goodies…
Just in from the National Association of Realtors: The IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway. Both of these programs are designed to promote economic growth in communities, and NAR made the case that investors in these programs should not be harmed due to…