Homes, rentals, 1031 exchanges and property taxes.
September 10, 2026 at 7:10 AM PDT
REG-116506-25 would require opportunity funds to report investor dispositions, have zone businesses attest to compliance and follow new decertification steps, with comments due October 16.
The Eleventh Circuit affirmed that a Georgia land partnership's charitable deduction for a conservation easement was limited to cost basis, plus a 40 percent penalty, a warning for real estate investors in syndicated easement deals.
Fact Sheet FS-2026-14 restates the 30% cap after the depreciation add-back returned, sets a $32 million small-business test for 2026 and spells out what electing real estate firms give up.
Treasury opened nominations on July 1 with 25,332 eligible tracts, tighter income tests and a 30% basis step-up for rural funds, while original zones and their deferred gains run out on Dec. 31.
Lawmakers sent voters HJR 1-F, which would lift the non-school homestead exemption to $250,000 by 2028, cap non-homestead assessment growth at 5% and make new residents wait four years.
The Howard Jarvis Taxpayers Association's Local Taxpayer Protection Act qualified for California's November 2026 ballot, threatening to cap city transfer taxes like LA's Measure ULA at a fraction of their current rate.
Governor Hochul's April 15 proposal would charge non-resident owners of vacant luxury NYC homes an annual surcharge, projected to raise at least $500 million a year, with an exemption for rented units.
Guidance issued April 6 opens a nomination window this summer for a renewed Opportunity Zone map, giving investors with large capital gains a new, recurring vehicle to defer and reduce tax on reinvested profits.
Los Angeles' Measure ULA has collected more than $1 billion for affordable housing since 2023, and the City Council just declined to fast-track exemptions sought by developers and homeowners.
The interim guidance explains when property counts as acquired, how the 40% election works and what taxpayers may rely on, a roadmap for real estate owners weighing cost-segregation studies.
A January 7 announcement sent single-family rental stocks down about 10% intraday; the follow-up executive order limits federal support for big buyers but leaves the key definitions to Treasury.
New Treasury guidance halves the improvement threshold for rural Opportunity Zone projects and sets up a permanent program with a bigger tax break for capital gains invested outside cities.
Treasury and IRS guidance issued August 21 explains how a binding contract and payment can preserve the $7,500 EV credit, and why home energy credits turn on installation, not payment.
The $250,000 and $500,000 home sale exclusions have not changed since 1997. Repealing the tax would mainly help older, wealthier owners of homes with large gains, Yale researchers found.