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Updated over 2 years ago on . Most recent reply

Manchin - Schumer Deal Kills Tax Loophole Prized by Real Estate
Just read this article on LinkedIn / Real Deal. Apparently a deal has been struck with Democrat votes only that will do away with carried interest or promote for development / JV / investment / etc. and now be taxed as regular income.
- What are your thoughts on work arounds?
- How will this change promote structures for investment?
- Does anyone know if there is any kind of sheltering in LLC / Corps / Trusts / etc?
Here is the article: