Tags: Trump

Things to know about the new opportunity zone guidelines

Things to know about the new opportunity zone guidelines

After several months of waiting, real estate investors, developers and other keen commercial real estate observers have finally received answers to some of their many questions about the Opportunity Zone program. The Department of Treasury on Friday released new regulations and some clarifications regarding the much-hyped Opportunity Zone program that can benefit investors, business owners… READ MORE

The Tax Bill Is a Clear Boon to the CRE Industry. Will It Prove Too Much of a Good Thing?

The Tax Bill Is a Clear Boon to the CRE Industry. Will It Prove Too Much of a Good Thing?

In a first major legislative victory for the Republican Party since President Trump took office, the House and Senate have passed the Tax Cuts and Jobs Act. The $1.5 trillion bill marks the first major overhaul of the U.S. tax code since 1986 and is expected to be a great boon for commercial property owners. Industry analysts predict the… READ MORE

LAS VEGAS (AP) — The Republican tax overhaul introduced in Congress could affect funding for the proposed $1.9 billion stadium that will house the Las Vegas Raiders.

A provision of the 429-page bill ends tax-exempt status on bonds used to pay for stadiums used by professional sports teams, The Las Vegas Review-Journal reported Saturday.

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Raiders’ Las Vegas stadium funding would be affected by GOP tax plan