The Impact of the New Tax Bill on Real Estate: Key Changes and Strategic Planning

This session explores the Qualified Opportunity Zone program from its origins in the Tax Cuts and Jobs Act of 2017 through transformative changes under OBBBA. Participants will learn about the three core tax benefits—deferral, basis step-up, and tax-free appreciation—along with critical compliance requirements, inclusion event traps, and the new permanent framework including rural opportunity zone incentives.

This session covers the mechanics of Section 1031 like-kind exchanges, from historical development through current qualified intermediary structures and key timelines. Attendees will examine drop and swap transactions, the recent Hadar decision’s implications, and strategic considerations for successful exchange planning with proper tax counsel involvement.

A brief intermission allowing participants to refresh before the final comprehensive session on broader tax implications in real estate transactions.

This comprehensive session analyzes critical tax implications affecting real estate transactions, including the enhanced SALT deduction, pass-through entity tax workarounds, and permanent 100% bonus depreciation under OBBBA. Participants will examine cost segregation strategies, Section 179 expensing, interest deduction limitations, and how to combine multiple tax benefits for optimal planning outcomes.