Navigating the First Tax Season Under the OBBBA
Secretary Scott Bessent received a letter from NAIOP urging the Treasury to provide expedited clarifications on real estate tax filings.
Good Look
tl;dr
Commercial real estate firms are navigating the first tax season under the 'One Big Beautiful Bill Act' (OBBBA). The legislation provides permanent 100% bonus depreciation and tax parity for pass-through entities, following heavy advocacy from industry groups like NAIOP.
Discussion
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