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Rising Trends

What's on the Real Estate horizon due to the Tax Act?

  • Transactions with REITs will be much more popular

Transcript

Ken Weissenberg:

During transactions, using REITS is going to become much more popular under this law. Certain items of income which on a flow through basis would not be subject to the 20% deduction, would be subject if they’re held through a REIT. This would include income that qualifies as good REIT income such as, mortgage interest and income from property that is not subject to depreciation, like the Brown-List. 


Kenneth Weissenberg CPA, Tax Partner in Real Estate Services, is experienced in tax saving strategies and negotiating sales and acquisitions. He represents owners of some of the most well-known real estate properties in New York City.

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