ICOR - Investment Community of the Rockies
Northern Colorado Monthly Meeting - NEW LOCATION
President Trump signed the new Tax Cuts and Jobs Bill on Dec. 22, effectively putting the final seal of approval on the most substantive tax law changes that the country has seen in 30 years.
It may take some time to crunch the numbers to determine just how much tax savings the new tax bill could generate for commercial real estate investors. The general view is that provisions specific to property owners and developers will deliver a net positive result—although not nearly the windfall that corporations will see with a drop in the tax rate from 35 percent to 21 percent.
Looking at the impacts all the way through the tax chain related to individuals, corporations and real estate, it is by far the most significant tax bill since the Tax Reform Act of 1986
On the contrary, it is worrisome that this tax bill could add nearly $1.5 trillion to the deficit over the long term. Another potential downside is if the tax bill contributes to higher inflation and a rise in interest rates, which would make borrowing more expensive for real estate investors.
In February, ICOR welcomes Stephanie Long of Long Law Group to discuss the implications and strategies that investors should be made aware of going into 2018, and a lay of the land given that there is no precedent comparatively speaking with these new tax codes.
Stephanie F Long J.D.
With over 15 years of experience, Ms. Long has extensive experience providing tax planning and business advice to her clients. She also advises clients who are experiencing issues with the IRS or their state taxing agencies. She is a frequent national seminar speaker, lecturer, and instructor at various events and colleges across the country. She has spoken to and has helped thousands on business and tax planning techniques important to real estate investors and business owners.
Agenda:
5:45pm - Registration opens
6:30pm - Sharing Success / Haves & Wants
7:00pm - Main Meeting
8:30pm - End of Main Meeting
Join us for ICOR After Hours following the main meeting - the best place to find a deal!
Cost: Free to Members & First Time Guests. Subsequent meetings are $25 per individual