Uncertainty remains regarding 1031 exchanges, capital gains, and depreciation recapture rates especially during this election year. We need to keep beating the drum! If changes do occur to policy, changes are more likely to be prospective rather than retroactive as this is historically how it is done which offers some consolation to those already in the 1031 exchange process.
The FHA condo plan if passed will positively impact mixed use properties.
A good flood insurance policy would open more private insurers to come into the market. This helps not just residential properties but commercial real estate as well.
There are 48 days remaining for legislature. Lame duck sessions are expected after November and this presents both opportunities or peril for our issues.
MIT research in tax consequences for appreciable life terms is in collaboration with other real estate groups like ICSC, Real Estate Forum, etc. This research will provide a broad look at how changes in policy would result in either a positive or negative tax consequence for investors.