The Biden administration’s $4.5 trillion Build Back Better Plan calls for significant expansions in spending on infrastructure and social programs. A range of tax increases, mostly targeted at corporations, investors and the most affluent households have been proposed to pay for this plan.
In this piece, we evaluate several provisions that could acutely impact commercial real estate investment including changes to capital gains tax rates, elimination of carried interest, limitations on like-kind exchanges, and an increase in corporate and marginal income tax rates.
Download the report to learn:
- Details of these proposed changes.
- What our best guess are if or how they will happen.
- How investors should respond.