So many perks & shelters for real estate in the tax code its the most favored industry. So what is one more if it enables mixed income & Affordable Housing to compete for good sites? Better than churning property through artificial tactic of 1031 exchanges or OZ investment in self-storage units.
US Congress TrackerHB9870: To amend the Internal Revenue Code of 1986 to allow for nonrecognition of gain on real property sold for use as affordable housing. Status: Referred to the House Committee on Ways and Means. 2026-07-22 Sponsors: - Republican: 1 - Democrat: 1