June 11-12, 2019
The Real Estate Roundtable Annual Meeting in Washington, DC
KBKG’s CJ Aberin, Lou Guerrero, and Will Long attended The Real Estate Roundtable’s 2019 Annual Meeting in DC. Notable highlights included House Ways & Means Chairman Richard Neal (featured) discussing his plan to go beyond a 2-year extension on tax extenders and his intention to address technical corrections such as correcting the recovery period for qualified improvement property. Additionally, CJ Aberin and Lou Guerrero had the opportunity to also hear from Beth Bell, Democratic Tax Counsel for the House Ways & Means Committee regarding the tax agenda for the year.
The Senate Finance Committee launched bipartisan taskforces to address tax extenders including the 45L tax credit and 179D tax deduction along with other temporary tax policy. This bipartisan effort is encouraging for the real estate industry and other industries that are still waiting on renewal of tax extenders, many of which expired at the end of 2017. The video in our blog shows Senator Chuck Grassley, a longtime supporter of extenders, making the case for these taskforces.
May 16, 2019
Our Principal, CJ Aberin, and Senior Manager, Brandon Val Verde met with House Ways & Means Committee member, Representative Judy Chu to discuss clean energy tax policy. » www.linkedin.com/feed/update/urn:li:activity:6533839601319190528
February 28, 2019
Tax Insight: Senate and House Updates on Tax Extenders for 2018-2019
Senate Finance Committee Chairman Chuck Grassley (R. Iowa) and Ranking Member Ron Wyden (D. Oregon) introduced bipartisan legislation to retroactively extend tax extenders for 2018 and 2019 while also providing disaster tax relief benefits to those affected by major disasters in 2018.
February 14, 2019
Tax Insight: Tax Extender Update from Senator Chuck Grassley
Senate Finance Committee Chairman Chuck Grassley (R. Iowa) addressed tax policy and various provisions that KBKG and the Real Estate Roundtable have been monitoring closely. In his speech, Senator Grassley expressed his commitment to pursue tax extenders and rejection of press reports suggesting that some provisions may no longer be extended if not included in the recently passed funding bill to avert a government shutdown.
February 13, 2019
Legislative Tax Policy Update for Real Estate Webinar with Ryan McCormick
KBKG hosted a webinar with special guest speaker and Washington insider, Ryan McCormick, Senior Vice President & Counsel for Tax Policy at The Real Estate Roundtable to provide an update as to what to expect from Capitol Hill in the coming months.
Tax issues impacting real estate were addressed along with possible timelines and vehicles for future tax legislation.
January 29-30, 2019
The Real Estate Roundtable State of Industry Meeting in Washington, DC
CJ Aberin, Lou Guerrero, Brandon Val Verde, and Will Long traveled to DC to hear from House Speaker Nancy Pelosi, Senator Tim Scott, and others addressing national issues. Additionally, they participated in RER committee meetings. One of the highlights was a tax discussion with Andrew Grossman, Chief Tax Counsel, House Ways and Means Majority; Randy Gartin, Chief Tax Counsel, House Ways and Means Minority; Mark Warren, Chief Tax Counsel, Senate Finance Majority; and Tiffany Smith, Chief Tax Counsel, Senate Finance Minority.
