Maryland Commercial Real Estate Tax “Loophole” Under Fire
By: Myles, November 2nd, 2007
Under the provisions of the Tax Reform Act of 2007, the Maryland House of Representatives has acted to close a tax loophole that allows large commercial real estate interests to avoid paying recordation and transfer tax fees by setting up LLCs for the sole purpose of owning real property. At least 10 other states and […]
Tags: commercial real estate tax law, commercial real estate taxes, maryland commercial real estate, tax advantages of commercial real estate
Entries