Real estate scores loophole to save loophole – Robert Khodadadian

Real estate is an industry constantly aggrieved. But few things have riled up its private equity honchos as much as talk of eliminating the tax break for carried interest. Back when Barack Obama broached it, Blackstone head Stephen Schwarzman compared it to “when Hitler invaded Poland in 1939.” Schwarzman later apologized. Last week, Senators Charles Schumer and Joe Manchin struck a surprise compromise for a spending bill that again includes increasing taxes on carried interest

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Home Page, Politics, Commercial Real Estate, Real Estate Finance, Tax The Real Deal New York Read More