Big Groups Wary of Tax Hit on Small Players

Commercial Mortgage Alert, May 21, 2021–Steve Chambers
“Bill Killmer, a senior vice president for legislative and political affairs at the Mortgage Bankers Association, said he was “encouraged” by some 200 virtual meetings the group’s members had with lawmakers last week to provide input on the practical implications of such changes. “We have our guard up, but there are a lot of folks who understand the positive impact that 1031 has on affordable housing and related transactions,” he said.
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