Tag Archives: Congress

Tax Reforms May Inject Foreign Capital Into U.S. Real Estate Markets

PETER CAPACCHIONE — On July 31st, Reps. Kevin Brady (R-TX) and Joseph Crowley (D-NY) proposed the Real Estate Investment and Jobs Act of 2013 to Congress.  This proposed act would implement changes to the 1980 Foreign Investment in Real Property Tax Act (“FIRPTA”) in a manner that could potentially incentivize foreign investors to double the […]