Much has been written about the new tax code, known as Tax Cut and Jobs Act or TCJA, that was approved by Congress in late December 2017. However, I haven’t seen anything written about one particular unintended consequence of this new tax code. A consequence that is very relevant to real estate investing. The unfortunate truth is that the new tax code puts a wedge between real estate investors and real estate sponsors/developers based on how profits are taxed for each of the participants in the same deal. You might ask why this matters? Real Estate investing is not just about location. It’s also about timing.
After 23 years, Kaufman Realty Group is becoming Kaufman Capital Partners to better reflect its unique approach to private real estate investment. The company, which focuses on strategic property investments, structured finance, joint venture equity investments and co-development opportunities, launched a new brand, tagline and website.