7 Items In The GOP’s Combined Tax Bill That Could Affect Real Estate
Republican leaders in both the House and Senate reached a tentative agreement Wednesday, merging their proposed tax reform bills. It was a major milestone in President Donald Trump’s push to overhaul the U.S. tax system. GOP lawmakers are set to vote on the combined bill as early as next week, according to CNN. If approved by the full Congress, the new tax policy could have strong implications for the commercial real estate market, with several experts regarding the bill as highly favorable to the industry at large. Congressional leaders expect a vote before the chambers recess for Christmas.