370. Two Major Housing Changes Investors Need to Know: Senate Housing Bill + FinCEN Reporting
About this episode
The episode discusses two major housing changes affecting real estate investors, including a new Senate housing bill and FinCEN's reporting rule.
Two major housing developments just hit real estate investors in a short window, and both could have a big impact on how you buy, hold, and scale residential real estate. In this episode of the TaxSmart REI Podcast, Thomas Castelli and Nate Sosa break down the Senate’s 21st Century Road to Housing Act and FinCEN’s new residential real estate reporting rule that went live on March 1. They cover what the proposed housing bill could mean for investors with large single-family portfolios, the key exceptions built into the legislation, and how forced exit rules could create major tax planning considerations. Update: FinCEN's new reporting rule has been paused. To become a client, request a consultation from Hall CPA, PLLC at go.therealestatecpa.com/3KSEev6 Register for our FREE Tax Mistakes Webinar: https://go.therealestatecpa.com/3PpELKu Submit your question for Tom & Nathan: go.therealestatecpa.com/question The Tax Smart Real Estate Investors podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No…
People in this episode
Hosts: Thomas Castelli, Nate Sosa
Topics covered
- housing bill
- FinCEN reporting
- real estate investing
- tax planning
- single-family portfolios
Keywords
- housing changes
- real estate investors
- tax planning
- FinCEN
- Senate housing bill
- reporting rule
- single-family homes
Sponsors
Hall CPA
Mentioned in this episode
Organizations: FinCEN
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