For many in the real estate industry, having a developer in the Oval Office has brought an uncomfortable amount of media attention to a long-standing practice: avoiding taxes. A series of recent articles in The New York Times and other outlets have showcased the many ways developers and investors use tax breaks to lower their bills — sometimes to zero. And with the election in motion, some are feeling nervous. “It kind of reminds me
source https://therealdeal.com/2020/11/03/election-puts-real-estates-generous-tax-breaks-in-spotlight/
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