By Sheff Richey
On March 26, ASHA joined with real estate industry partners in urging Congress to preserve investment in real estate by maintaining longstanding tax law as it relates to carried interest and capital gains. Carried interest is a crucial tool driving American real estate investment, spurring housing development, and promoting the growth of our built environment. Retaining capital gains tax treatment for carried interest helps ensure our nation can meet the goals of increasing housing supply, modernizing our building stock, and contributing to economic growth.