Advocates Push Congress to Act on FIRPTA Reform

Advocates Push Congress to Act on FIRPTA Reform

After years of work, there’s finally some momentum in Congress to repeal or reform the tax foreign investors have to pay on U.S. real estate.

“If repealed, we would see significantly more investment. Smaller and medium-sized cities would benefit,” promises Ryan P. McCormick, vice president and counsel for the Real Estate Roundtable.

Bi-partisan bills in both the House and Senate and a proposal from the President would repeal or refor

Register to view the full article

This article is part of our premium content subscription. You need to subscribe to gain access to premium content.

Why Register for NREIonline? It's simple and free, and here is what you get:

• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish