USA - IOWA Law and Practice Contributed by: David M Erickson, Robert J Douglas, Jr, Christopher S Talcott and Amy S Montgomery, Dentons Davis Brown
Depending on the nature of a development, real estate investors may be able to utilise state and federal tax credits programmes – such as historic, brownfield, or new market tax credits – to reduce the investors’ tax burden or reduce development costs by sale of the benefits of the tax credits to outside investors. Utilisation of these programmes typically requires a co-ordinated approach from start to finish among an experienced team of legal counsel, tax and accounting specialists, inves - tor diligence professionals, state and/or fed - eral agency representatives, and engineering and design professionals to ensure compliance with detailed regulations and proper structure to ensure the intended benefits accrue to the intended parties.
1201 CHAMBERS.COM
Powered by FlippingBook