<p>Business Interest Deduction Repeal Bad for Real Estate, Group Says</p>

Business Interest Deduction Repeal Bad for Real Estate, Group Says

Real Estate Roundtable

Limiting or repealing the business interest deduction, as proposed in the House GOP tax reform plan, would “cause enormous damage to U.S. commercial real estate by dragging down property values and discouraging new investment,” Jeffrey D. DeBoer of the Real Estate Roundtable said at a September 19 Senate Finance Committee hearing.

<p>Limiting or repealing the business interest deduction, as proposed in the House GOP tax reform plan, would “cause enormous damage to U.S. commercial real estate by dragging down property values and discouraging new investment,” Jeffrey D. DeBoer of the Real Estate Roundtable said at a September 19 Senate Finance Committee hearing.</p>