American Homeownership Act

"Carried Interest Fairness Act" and carried interest reform, including changes in holding period Energy efficiency and clean energy tax incentives, and regulatory implementation Like-Kind Exchanges (Sec. 1031) Equal Tax Act (H.R. 5336) FIRPTA reform and Parity for Non-Traded REITS Act Net investment income tax and SECA liability Cost recovery, residential rental property, nonresidential property, and bonus depreciation Low-income housing tax credit and the Affordable Housing Credit Improvement Act Proposed and final tax regulations under section 897 (FIRPTA domestically controlled REIT rules) 892 (Foreign government tax exemption), including proposed regulations REIT rules, including investments in related parties Capital gains tax rate 20% deduction for pass-through business income (section 199A) and tax rules on pass-through income, including the PARTNERSHIPS Act (s. 2095) and Basis Shifting is a Rip Off Act (S. 2094) Opportunity Zone reform, reporting, and transition rules Revitalizing Downtowns and Main Streets Act and tax incentives for property conversions (HR 9002) Business interest deductibility, section 163(j), and the real property trade or business election, including guidance related to modifying prior elections Active loss limitation and section 461(l)(Excess Business Losses) SECA limited partner exception under section 1402(a)(13) Immediate expensing of qualified production property Retaliatory Tax Measures and Proposed Section 899 Tax treatment of demolition costs and demolished buildings American Homeowner Act (S. 3904) regarding taxation of single-family rental homes and institutional owners of housing Wealth tax proposals, including H.R. 8085 (Ultra-millionaire Tax Act) State and local tax deduction and pass-through business income IRS Notice 2007-55 (FIRPTA) Clean energy and energy efficiency tax incentives

Client expense: $1,002,073 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, White House Office

H.R.6644 21st Century ROAD to Housing Act S.788 HOPE for Homeownership Act Private equity in housing Tenant protections Homeowner protections appraisal bias H.R.8047 PRO Manufactured Home Communities Act H.R. 410 End Junk Fees for Renters Act. S. 3904 American Homeownership Act S. 3754 Affordable Housing and Homeownership Protection Act. Insurance crisis consumer protections, supervision, and bailout policy National Flood Insurance Program (NFIP) policy reform

Client expense: $150,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.6529, Protecting Families from AI Data Center Energy Costs Act S.3904, American Homeownership Act H.R.6124, End Rent Fixing Act H.R.6771, Housing Crisis Response Act Opposing a proposed rule from the Department of Housing and Urban Development (HUD) which would eliminate disparate impact standards under the Fair Housing Act. Monitor the following: Housing for Homeless Students Act, Entirety S.788, HOPE for Homeownership Act H.R.2038/S.934 American Housing and Economic Mobility Act Office of Housing and Urban Development, Staffing and Administration issues

Client expense: $490,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE

Tax depreciation and interest deductibility rules applicable to multifamily and rental housing; including, Rental Housing Investment Act, all provisions (S.4080) and American Homeownership Act, all provisions (S. 3904). Low-Income Housing and Workforce Housing Tax Credit (including efforts to improve utilization and outcomes), Middle-Income Housing Tax Credit Proposal, Workforce Housing Tax Credit / (Middle-Income Housing Tax Credit Proposal), Workforce Housing Tax Credit Act (S. 3436 / H.R. 6686) (118th Congress), Affordable Housing Credit Improvement Act (H.R. 2725 / S. 1515). American Affordability Act, Title I -- Housing and Municipal Infrastructure, all provisions (H.R. 6900). Incentives for development of affordable housing. Like-Kind Exchanges (Sec. 1031) Adaptive Reuse, including Revitalizing Downtowns and Main Streets Act (H.R. 2410) Opportunity Zone reform, to promote the rehabilitation and preservation of multifamily housing in all Opportunity Zones. Treasury / IRS Proposed Rule on Income of Foreign Governments and of International Organizations Treasury / IRS Rules on Income of Foreign Governments and of International Organizations

Client expense: $2,650,000 · Firm income: Not reported

"Carried Interest Fairness Act" and carried interest reform, including changes in holding period Energy efficiency and clean energy tax incentives, and regulatory implementation Like-Kind Exchanges (Sec. 1031) Equal Tax Act (H.R. 5336) FIRPTA reform and Parity for Non-Traded REITS Act Net investment income tax and SECA liability Cost recovery, residential rental property, nonresidential property, and bonus depreciation Low-income housing tax credit and the Affordable Housing Credit Improvement Act Proposed and final tax regulations under section 897 (FIRPTA domestically controlled REIT rules) 892 (Foreign government tax exemption), including proposed regulations REIT rules, including investments in related parties Capital gains tax rate 20% deduction for pass-through business income (section 199A) and tax rules on pass-through income, including the PARTNERSHIPS Act (s. 2095) and Basis Shifting is a Rip Off Act (S. 2094) Opportunity Zone reform, reporting, and transition rules Revitalizing Downtowns and Main Streets Act and tax incentives for property conversions (HR 9002) Business interest deductibility, section 163(j), and the real property trade or business election, including guidance related to modifying prior elections Active loss limitation and section 461(l)(Excess Business Losses) SECA limited partner exception under section 1402(a)(13) Immediate expensing of qualified production property Retaliatory Tax Measures and Proposed Section 899 Tax treatment of demolition costs and demolished buildings American Homeowner Act (S. 3904) regarding taxation of single-family rental homes and institutional owners of housing Wealth tax proposals, including H.R. 8085

Client expense: $1,011,072 · Firm income: Not reported