Publication Date
1-1-1987
Document Type
Dissertation/Thesis
First Advisor
Kuhn, Gerald
Degree Name
B.S. (Bachelor of Science)
Legacy Department
Department of Finance
Abstract
The 1986 Tax Reform Act has made sweeping changed in the nation's tax code. While the Code has been totally revamped, the investors of real estate seem to be the main target of the Act. Changes in capital gain treatment, depreciation, limits on passive loss deductions, limits on investment interest deductions, and the extension of the at-risk rules to real estate have dealt a severe blow to the real estate investor. Thus through the Act Congress has virtually eliminated the real estate tax shelter. Moreover, while the Act has immediate effects on real estate, the enormous revamping will probably effect real estate in many other ways through other Code provisions. The long-run effect on real estate has yet to be determined.
Recommended Citation
Baugh, Brian W., "Real Estate and the 1986 Tax Reform Act" (1987). Honors Capstones. 941.
https://huskiecommons.lib.niu.edu/studentengagement-honorscapstones/941
Extent
13 pages
Language
eng
Publisher
Northern Illinois University
Rights Statement
In Copyright
Rights Statement 2
NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.
Media Type
Text
