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NAR: New Law Hands Big Wins to Commercial Sector

January 13, 2016 by Shari Veldman

In late December, President Obama signed into law an omnibus appropriations bill that included permanent extension of the 15-year leasehold improvement depreciation period, which NAR actively advocated for. The bill also extended the 179D energy-efficient commercial buildings deduction for two years and included reforms to FIRPTA, which NAR has supported. Finally, the bill included a clean extension of the EB-5 Investor Visa Regional Center Pilot Program through Sept. 30.

Filed Under: Industry News

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