Tuesday, December 26, 2017
Wednesday, December 20, 2017
- Individual and pass-through income will be taxed in seven brackets, with rates ranging from 10-37%
- A portion of pass-through business income will qualify for a 20% deduction
- REIT dividends are fully eligible for a 20% deduction
- The current-law 27.5-year depreciation period for multifamily buildings is now extended to 30 years
- Businesses may expense $1 million in qualifying property in the year of purchase
- Like-kind exchanges for real properties are preserved
- Assets must be held three years to receive capital gains tax treatment
- Low Income Housing Tax Credits and private activity bonds will be preserved, but will likely be affected by the cut in corporate tax rates
- The estate tax exclusion is doubled from $5.49 million for a single filer and $10.98 million for a married couple
Read more on the NMHC website, or find details on specific provisions in their tax reform chart.
Monday, December 18, 2017
This week: Cities across the country are looking to retain millennials by adding duplexes, triplexes, rowhouses and other medium-density housing options that serve the middle class and keep them from being forced out; a local expert says Portland's MSA needs 30,000 more housing units each year to keep up--something builders are saying is impossible due to development fees and permit timelines. Marketwatch returns January 8th.
Thursday, December 14, 2017
Wednesday, December 13, 2017
Tuesday, December 12, 2017
Monday, December 11, 2017
This week: Oregon Department of Land Conservation and Development approves the City of Portland's 2035 Comprehensive Plan as at least one neighborhood readies its appeal; Portland Housing Bureau director Kurt Creager gets ousted by Mayor Ted Wheeler; the City of Portland buys 240 planned affordable housing units at $285-thousand dollars each.
Thursday, December 7, 2017
Wednesday, December 6, 2017
According to the paper, all these ideas except the last two are opposed by Mayor Ted Wheeler. Read the full story.
Tuesday, December 5, 2017
Owners hope to engage politicians in finding a financial solution that works for them as the clock starts ticking on a 15-year reinforcement deadline they say will result in renter displacement and demolition of thousands of affordable apartments. Read the full story.
Monday, December 4, 2017
This week: City audit of its Prosper Portland department uncovers financial mismanagement; Oregon's population grows at a record level for the second straight year; Congressional Republicans' tax plan could throw a wrench into plans for thousands of affordable housing units in Oregon.