State & local tax issues impacting the real estate industry

In this webcast, panelists discuss state & local tax issues impacting the real estate industry including real property tax, employee retention credit and matters affecting transactions.

As the real estate industry continues to address today’s challenges – rising interest rates, the potential for a recession, lackluster deal flow and the lingering impacts of COVID-19 – the focus has turned to saving cash and reaffirming balance sheets in anticipation of future growth and positive returns. This webcast will address some of the current trends that clients are thinking about, or should be thinking about, as we navigate through 2023 and beyond.

The following topics will be discussed:

  • Current trends in real property tax values and assessments in today’s climate
  • Noteworthy employee retention credit (ERC) considerations
  • Updates on elective state pass-through entity taxes
  • Deal flow and some state tax considerations
  • Major tax proposals in state budget legislation and other recent state and local tax (SALT) legislative activity affecting the real estate sector

Panelists

  • Christine Cagnina, Managing Director, State & Local Tax, Ernst & Young LLP
  • Patrick Doyle, Principal, State & Local Tax, Ernst & Young LLP
  • Laurie McGee, Managing Director, State & Local Tax, Ernst & Young LLP
  • Amy McLocklin, Senior Manager, State & Local Tax, Ernst & Young LLP

Moderator

  • Dale Y. Kim, Partner, State & Local Tax, Ernst & Young LLP
EY webcast managed and produced by Ernst & Young LLP’s Tax Technical Knowledge Services Group, Washington, DC: Lynn Fairfax

Webcast

CPE credits: 1.2

Time

your local time

Sign up for EY Tax Alerts

Stay up to date in today's complex and rapidly changing corporate tax environment.