In an article published by the Orlando Sentinel, Shareholder Amanda Wilson discussed how the CARES Act's elimination of income caps for 2018, 2019, and 2020 may be particularly beneficial to real-estate investors. She further explained that real-estate investors frequently generate big losses — typically only paper losses for tax purposes — by buying buildings and then writing them off over time, even if the value of the building is rising in the real world.
“A real estate business can generate a lot of paper losses,” Wilson said. “There might be other businesses that have a lot of depreciation. But, really, you would expect to see it in real estate.”
Read the article: Congress’ Coronavirus Economic Plan Includes Huge Business Tax Breaks — Some on Profits Dating to 2013