Publication Date

1-1-1987

Document Type

Dissertation/Thesis

First Advisor

Kuhn, Gerald

Degree Name

B.S. (Bachelor of Science)

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.

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

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