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Proposed Tax Law Changes Could Shift Shape of Transactions, Real Estate Executives Say

Buyers Could Hold Properties Longer, Rely More on Debt, Experts Say
The effects of President Biden’s proposal to raise the capital gains tax rate could be muted in the real estate industry by the need and desire to buy and sell properties. (Getty Images)
The effects of President Biden’s proposal to raise the capital gains tax rate could be muted in the real estate industry by the need and desire to buy and sell properties. (Getty Images)

The White House’s plan to raise the capital gains tax rate and do away with deferred taxes on property exchanges, should it become law, would likely result in transactional changes next year and beyond, but any significant decline in the volume of deals may be muted, according to real estate executives and analysts.

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