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Real estate industry likely to benefit from a Trump presidency

The city’s real estate industry isn’t too worried about a Donald Trump presidency. Real

The city’s real estate industry isn’t too worried about a Donald Trump presidency. Real estate insiders feel that the man whose family’s fortune was made in the industry and padded by its favorable tax breaks, foreign investments and still-rising market will be unlikely to bite the hand that has fed it so well, Crains reports. Real estate executives are confident that Trump, who was continually criticized for making frequent use of tax loopholes to avoid paying federal taxes would not likely be a threat to tax code items like 1031 tax-free exchanges, which allow landlords to sell profitable property without paying capital gains taxes […]

Real estate industry likely to benefit from a Trump presidency : 6sqft