Impact Of The Tax Reform Act Of 1986 On The Housing Industry

Abstract

The focus of this paper is on the Tax Reform Act of 1986. The provisions of this act are reviewed as they apply to real estate both in the single family and the multi-family housing areas to determine the economic impact and policy implications in the housing industry. Much of the information for this report was derived from testimony submitted in 1985 to the Senate Committee on Finance and the House Ways and Means Committee. It includes such sources as the National Association of Home Builders, the National Association of Realtors, and the National Multi-Housing Council.