Portland Business Journal: Tax reform could lead to a huge commercial real estate crash

Steve Breitstone has partnered with local tax experts all over the nation to speak out about certain of the GOP Blueprint proposals which he believes could be particularly devastating to real estate investment throughout the country.  Steve has authored a number of opinion pieces on the immediate expensing provision in the Blueprint and the loss of the tax deduction on interest paid on debt to acquire real estate.  Steve warns that the implementation of immediate expensing would serve up a severe double blow to real estate investors once their expensing is used up – creating another dangerous real estate bubble.

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