REFinBlog

Editor: David Reiss
Cornell Law School

February 2, 2018

Tax Reform and Home Equity Loans

By David Reiss

MortgageLoan.com quoted me in Tax Reform Just Made Home Equity Loans A Lot Less Attractive. It reads, in part, Home equity loans have long been attractive ways for homeowners to borrow money to pay for everything from major home improvements to … Continue reading

December 21, 2017

The Impact of Tax Reform on The Real Estate Sector

By David Reiss

Congress passed the tax reform act on December 20, 2017 and President Trump is supposed to sign it by the end of the week. A lot of ink has been spilled on the impact of tax reform on homeowners, but … Continue reading

December 19, 2017

What’s with 1031 Exchanges?

By David Reiss

US News & World Report quoted me in Why 1031 Exchange Investments Are Worth a Look. It opens, With tax reform nearing final passage in Congress, one of the most underlooked, but potentially overpowering, tax-advantaged investment tools is the 1031 exchange, which was … Continue reading

November 3, 2017

Republicans and the Mortgage Interest Deduction

By David Reiss

There is a lot to hate in the Republican tax reform plan contained in the proposed Tax Cuts and Jobs Act. (click here for a summary and here for the text of the bill itself). Overall, the bill is extraordinarily regressive, … Continue reading

January 6, 2016

Housing Policy and Economic Mobility

By David Reiss

                Pamela Blumenthal and John McGinty of the Urban Institute have written an interesting research report, Housing Policy Levers to Promote Economic Mobility. I generally believe that housing policy should be designed to assist … Continue reading

July 15, 2015

Strange Love for Homeowner Tax Rates

By David Reiss

With a nod to Dr. Strangelove, David Hasen has posted a scary little thought experiment, How I Learned to Stop Worrying and Love our Homeowner Tax Rules on SSRN. The essay “estimates the magnitude of life-cycle tax benefits available from home ownership for … Continue reading

March 19, 2015

Tax Expenditure Wars: Wealthy Households v. Poor

By David Reiss

Henry Rose has posted How Federal Tax Expenditures That Support Housing Contribute to Economic Inequality to SSRN. This short article examines “how federal income tax laws benefit more affluent owner households but provide no benefits to economically-strapped renter households.” (1) Housing … Continue reading