I see on the TV this morning that President Biden is proposing to raise the capital gains tax rate from 20% to 39%. 

Some landlords elect not to participate in the program to get much higher rents from these people.  

There are estate/gift tax ramifications as well as potential elections that need to be considered if the company is a partnership. 

You will need to have  passed both 2 RE prep exam courses plus and elective to take his prep exam.

They can also be an LLC that specifically elected to be treated as a corporation – there is a box for this option, too.If they signed that they are a corporation, as opposed to a single-member LLC – then you’re off the hook.What about DBAs?

Buy-sell agreement provisions in the operating agreement are best to prevent a forced liquidation.If a partner/member suddenly wants to sell, right of first refusal for the other existing partners/members usually makes a lot of sense.As does agreement on Sec 754 elections and 743(b) / 734(b) adjustments in the op agreement. 

Once the election is over the pandemic will be over and everything will return.   

@Tim Bergstrom I have contacts with the president of NASTRA, as well as multiple attorneys surrounding this issue.

This will depend on how it's formed, what tax election it took, and how it distributes the money.

@Jonathan Reck you (should) know the President's budget is a 1st draft and the final budget will be whatever the Congress spits out when they are done with it.