April 29, 2025 - 22:29
The real estate sector is intensifying its lobbying efforts to convince Congress to maintain the carried interest tax break, which faces potential elimination in a major tax reform bill proposed by President Donald Trump. This tax provision allows investment managers to pay a lower tax rate on earnings derived from their investments, a benefit that many in the real estate industry argue is crucial for maintaining investment levels and fostering economic growth.
Industry leaders are concerned that the removal of this tax break could deter investment in real estate projects, potentially leading to a slowdown in construction and development activities. Proponents of the carried interest tax break assert that it incentivizes risk-taking and innovation in the market, ultimately benefiting the economy as a whole.
As discussions around tax reform continue, the real estate industry is mobilizing its resources, engaging with lawmakers, and rallying support to ensure that this significant tax benefit remains intact. The outcome of this battle could have lasting implications for the industry and the broader economy.
