Developments Nareit Joins with Other Groups Asking the Treasury Department to Clarify Temporary Like-Kind Exchange Relief The letter seeks clarification that the deadline extension relief be automatic but not mandatory. 04/20/2020
Developments Nareit and Other Real Estate Executives Ask Treasury to Withdraw a 2007 FIRPTA Notice The notice is creating unnecessary friction and in some cases is preventing foreign capital from being invested in U.S. real estate. 03/12/2020
Developments Treasury Secretary Mnuchin Comments on Treasury FIRPTA Notice Before House Ways & Means Committee Mnuchin said he is reviewing a congressional request to withdraw an IRS notice related to the Foreign Investment in Real Property Tax Act. 03/04/2020
Developments Nareit Helps its Member REITs in Communicating 1099-DIV Data to Investors Member REITs can submit their IRS Form 1099-DIV data to Nareit for posting on the Nareit website. 01/06/2020
Developments Nareit Updates Tax Treaty Chart The updated chart includes withholding rates for individuals, non-individual entities, pension trusts, and tax-exempt charities. 01/06/2020
Developments IRS Issues Guidance Delaying Certain Partnership Reporting Requirements for One Year Guidance responds to request filed by Big 4 accounting firms, Nareit, and other real estate organizations. 12/16/2019
Developments Nareit Thanks Sponsors for Introducing the Multifamily Depreciation Parity Act Nareit joins other national real estate organizations in letter recognizing the MDPA’s lead sponsors. 12/06/2019
Developments Nareit Convenes REIT Modernization 2.0 Task Force Meeting Members of the Federal Tax Subcommittee discussed possible REIT tax legislative changes that Congress might consider in the coming years. 10/04/2019
Developments Nareit Joins Group Letter to Tax-Writing Committees Requesting 30-Year Depreciation Apply to Certain Multifamily Properties National real estate organizations urge legislative clarification for multifamily owners electing out of interest deductibility limits. 09/06/2019
Developments Governor Ige Vetoes Anti-REIT Bill on July 9 No special session; Veto will stand. 07/08/2019
