Nareit Developments Nareit Updates Tax Treaty Chart The updated chart includes withholding rates for individuals, non-individual entities, pension trusts, and tax-exempt charities. 01/06/2020
Nareit Developments IRS Issues Guidance Delaying Certain Partnership Reporting Requirements for One Year Guidance responds to request filed by Big 4 accounting firms, Nareit, and other real estate organizations. 12/16/2019
Nareit Developments Nareit Thanks Sponsors for Introducing the Multifamily Depreciation Parity Act Nareit joins other national real estate organizations in letter recognizing the MDPA’s lead sponsors. 12/06/2019
Nareit Developments Nareit Convenes REIT Modernization 2.0 Task Force Meeting Members of the Federal Tax Subcommittee discussed possible REIT tax legislative changes that Congress might consider in the coming years. 10/04/2019 Image
Nareit Developments Nareit Joins Group Letter to Tax-Writing Committees Requesting 30-Year Depreciation Apply to Certain Multifamily Properties National real estate organizations urge legislative clarification for multifamily owners electing out of interest deductibility limits. 09/06/2019
Nareit Developments Governor Ige Vetoes Anti-REIT Bill on July 9 No special session; Veto will stand. 07/08/2019
Nareit Developments Nareit Submits Comments on Second Set of Proposed Qualified Opportunity Zone Regulations Comments again recommend clarifications regarding deferral of certain real estate gains and REIT capital gain dividends. 07/01/2019
Nareit Developments Nareit Comments on Revised Section 337(d) Proposed “Built-in Gain” Regulations Comments recommend narrowing of IRS proposal to impose immediate tax on “built-in gains” upon mergers of non-REIT C corporations that have engaged in tax-free spin-offs into existing REITs. 05/13/2019
Nareit Developments Nareit and other Trade Associations Ask the Heads of the Tax-Writing Committees to Depreciate Energy Efficiency Costs Over 10 Years Proposal would encourage energy efficiency upgrades in both non-residential and residential properties. 05/10/2019
Nareit Developments Nareit Urges Congress to Co-Sponsor Legislation Restoring Depreciation Recovery Period for QIP Coalition calls for restoration of 15-year depreciation recovery period for Qualified Improvement Property. Bipartisan, bicameral legislation also would apply a 20-year recovery period if taxpayers elect out of the new interest deduction limitation. 04/29/2019
Nareit Developments Highlights from Nareit’s REITwise: 2019 Law, Accounting & Finance Conference REIT legal, financial, tax, and accounting professionals traveled to San Antonio last month for the three-day event. 04/05/2019
Nareit Developments Bipartisan Senate Bill Would Confirm 15-Year Depreciation Recovery Period Applies to Tenant Improvements 20-year recovery period would apply if taxpayers elect out of the new interest deduction limitation. 03/15/2019
