Gary Edelson

WASHINGTON, DC–The Tax Cut and Jobs Act is the biggest change to the US tax code in 30 years. There is still much about it that needs clarification. Even the provisions that are perfectly clear, such as the tax rates, lead to further questions, at least in the commercial real estate community. For instance, many real estate firms are be grappling with the question of whether to structure as a C corp. to take advantage of the new 21% corporate tax rate or to continue on as a pass-through entity.