Tax,
Real Estate/Development
Jun. 11, 2018
New tax law created new real estate opportunities
Could a program included in President Donald Trump’s tax reform bill help fuel development in economically distressed areas of California?
Phil Jelsma
Partner and Chair of the Tax Practice Team
Crosbie Gliner Schiffman Southard & Swanson LLC (CGS3)
Email: pjelsma@cgs3.com
Phil is chair of the tax practice team at CGS3. He is recognized as a leading joint venture and tax attorney, with a 30-year background in real estate exchange transactions, syndications, nonprofit corporations and international tax planning.
Could a program included in President Donald Trump's tax reform bill help fuel development in economically distressed areas of California?
Many experts think so. Recently, we discussed the creation of this potentially potent economic tool: opportunity zones, a bipartisan provision included in the Tax Cuts and Jobs Act.
Designed to aid areas that have not recovered from the Great Recession, the prog...
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