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By Kate Kraus in Tax Notes Talk and Forbes
Kate Kraus talks with Eric Yauch at Tax Notes about recent developments in the taxation of real estate, including the general prohibition on refunds for partners in a partnership, a potential disadvantage of extending the deadlines for Section 1031 exchanges, what is and is not extended under the Opportunity Zone rules, and a surprising sleeper provision in the Opportunity Zone regulations that might temporarily turn off the 70% test for tangible property held by a Qualified Opportunity Zone Business.
The podcast is available on Tax Notes Talk and a transcript is available on the Forbes Money and Market blog.
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