The One Big Beautiful Bill Act (OBBBA) will have widespread impact for almost every taxpayer. Visit our OBBBA Resource Center regularly for continuing updates and guidance on the tax impact of this legislation to you and your industry.
Learn MoreInvestors in QOFs may be able to reduce their tax liability when deferred gains become taxable on December 31, 2026, by pursuing the fair market value option.
Read MoreAs the QOZ program evolves and the permanent 2.0 program is implemented, it’s important to understand the changes and how they could impact your business.
Read More– CRE owners and developers continue operating in a changing market. Learn about trends driving performance and policies influencing investment and development decisions.
Read MoreAs we closed out Q4 2025, one theme stood out across the national real estate and construction markets: resilience. Read an overview of what we’re seeing and what’s in store.
Read MoreAs we closed out the third quarter of 2025, several long-running trends across commercial real estate began to pivot. Gain a sector-by-sector breakdown.
Read MoreAs 2025 draws to a close, REITs and real estate funds face a critical window for tax planning, compliance and strategic decision making. Optimize your year-end actions and prepare for 2026.
Read MoreQ2 saw important shifts in the office, retail, industrial and multi-family sectors. Key developments from the OBBBA will also impact the industry’s future trajectory.
Read MoreUnderstanding the tax considerations for Real Estate Investment Trust (REIT) roll-ups and initial public offerings (IPOs) is crucial for maximizing investor returns and ensuring regulatory compliance.
Read MoreOn July 4, 2025, the One Big Beautiful Bill Act (OBBBA) became law and will have a significant impact on the real estate industry in particular. Key areas include the preservation of full deductibility for business state and local taxes, permanent extension of the 20% deduction for pass-through...
Read MorePartner Dave Sobochan has been named to The Real Estate Roundtable’s President’s Council. Based in Washington, D.C., The Real Estate Roundtable is a public policy think tank representing the real estate industry and its participants — drawing regular engagement from policy makers and senior...
Read MoreThe U.S. commercial real estate industry continues to experience significant shifts that are reshaping various sectors. However, as the market navigates this period of transition, key trends and forecasts indicate an overall trend toward more balanced and stable conditions. Below we look at...
Read MoreOn April 25, 2024, the Treasury Department released final regulations under Internal Revenue Code Section 6418, providing clarity regarding the transfer and sale of certain tax credits by, or on behalf of, a Real Estate Investment Trust (REIT). The overview below illustrates how these clarifications...
Read MoreOn March 29, 2024, the IRS released Private Letter Ruling 202413004, providing its first piece of guidance regarding whether a REIT may receive income from electric vehicle (EV) charging stations at its rental properties without detrimentally impacting its REIT status. With the proliferation of...
Read MoreIt’s that time of year again — the end of summer, back to school and, yes, the online issue of the AICPA’s Tax Adviser August Tax Clinic! The Tax Clinic is a special section in the journal that analyzes current tax issues and opportunities in the profession. We’ve been fortunate to serve as the...
Read More2026 Update: Read “Proposed Regulations Remove Look-Through Rule for Domestically Controlled REITs” On December 28, 2022, the IRS issued proposed regulation REG-100442-22, which may change real estate investment trusts’ (REITs) domestically controlled status. This change could cause non-U.S....
Read MoreOn August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (IRA). With many provisions derived from the previously proposed but not passed Build Back Better Act, the law introduces, modifies, extends, and bolsters numerous clean energy tax incentives available to both...
Read MoreOn September 15, 2021, the House Ways and Means Committee approved tax increase provisions Congress will review as a part of the Build Back Better reconciliation legislation. These changes, if enacted, would require real estate and construction businesses to reset some of their key traditional tax...
Read MoreOn December 19, 2019, the IRS and the U.S. Department of the Treasury released the final regulations on investing in Qualified Opportunity (QO) Funds. The 544-pages of regulations address many areas, just a few of which are listed below: Taxpayers can invest the entire amount of Section 1231...
Read MoreOn April 17, 2019, the Department of Treasury issued the second set of proposed regulations regarding the Qualified Opportunity (QO) Zone Program. This long-awaited guidance further clarifies how to comply with the program and how to make it over some of the hurdles associated with structuring...
Read MoreThe IRS and the U.S. Department of the Treasury released round two of proposed regulations surrounding the Qualified Opportunity (QO) Zone Program today. The 169-pages of regulations address many areas, including: How businesses headquartered in designated QO Zones may benefit, The timeline...
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