Wednesday, October 5, 2011

Will Multifamily Fall Victim to Congressional Tax Reform?

As Congress looks at overhauling the nation’s tax code, the multifamily industry may become a collateral victim. The bipartisan “super committee,” formally called the Joint Select Committee on Deficit Reduction, is charged with finding $1.2 trillion in deficit cuts by Thanksgiving. And several tax programs and provisions that multifamily owners and developers have enjoyed for years may be on the chopping block. Read more in the Multifamily Executive online.