By Douglas Fisher | MFE
A lot has been written about the new Tax Cuts and Jobs Act (TCJA) and its potential implications for the real estate investment industry since the law was passed on Dec. 22 of last year. I’m not a tax expert by any stretch, or a prognosticator of market dynamics; however, as an owner of one of the most active real estate investment brokerage firms in Chicago, I can speak somewhat to the legislation’s tax benefits to, and potential implications for, our clientele. In general, the new tax act’s changes, and lack thereof, appear to be beneficial to the industry.
