As provisions of the 2025 tax reform go into effect, both knowledge of the tax incentives available and a team of qualified professionals are essential to serving clients and managing your own property portfolio. The real estate and construction sector has been feeling the squeeze—from rising construction costs and labor shortages to inflation and higher interest rates. At the same time, recent federal tax changes have reshaped the landscape. The One Big Beautiful Bill Act (OBBBA), enacted on July 4, 2025, had a significant impact on several federal tax provisions affecting real estate. Key incentives have been extended, expanded, or made permanent, creating ...