Then let’s assume the new president’s administration decides to repeal this tax incentive.

Depends on how the foreign business is treated under US income tax law, and what treatment you elect under the check-the-box rules if the foreign entity is not a per se corporation for US income tax purposes.I strongly recommend you speak to your tax professional. 

This is true even if you (or a controlled entity) make a Sec 475(f) election. 

What would a Trump win do for the real estate market? What would a Biden win do? Would either candidate really make an impact on the market or is the market indifferent? Moderator Note: Stick to facts or your post wil...

If Blackstone and Starwood are still investing I do not see why I would be waiting for a pullback or an election or a change in interest rates or a vaccine.

Hello everyone,It’s obvious that there is lots of talk about this election, low interest rate, and sooner than later, another possible 2008 repeat.

Plus, the election may well have an enormous impact on real estate prices.

There's also the election right around the corner which could turn the tides of a market that has seen little correction in over 10 years... 

I’ll have to look at the market next year on raising rents and, with election, who’s in the office.

If nothing else, your elected officials need to know about your hardship.