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CARES Act Offers Real Estate Companies Multiple Tax Planning and Business Strategy Opportunities

CARES Act Offers Real Estate Companies Multiple Tax Planning and Business Strategy Opportunities

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May 2020

Real estate companies, like companies in most other business sectors, have struggled to maintain operations and drive revenues during the coronavirus (COVID-19) pandemic. Thankfully, the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act) contains changes to the 2017 Tax Cuts and Jobs Act (TCJA). Those changes, along with tax law changes and loan programs under the CARES Act, provide potential relief to companies in the real estate industry.

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