The American Families Plan: Tax Implications for Real Estate Owners and Developers

On April 28, 2021, President Biden announced a plan to expand benefits for lower- and middle-income Americans under his “American Families Plan” (the “Plan”). To pay for the Plan’s benefits, President Biden has proposed certain changes to tax provisions under the Internal Revenue Code, many of which have serious implications for real estate owners and developers....
By: Williams Mullen

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