Tag: derail
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Loss of 179D deduction could derail office conversions
The 940-page domestic policy bill that President Donald Trump signed into law July 4 could make owners less likely to fix up troubled properties or convert them to other uses, say supporters of the Section 179D commercial building energy efficiency deduction. The new law eliminates the 20-year-old tax deduction that supporters say gives owners the…
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Trump’s tariffs threaten to derail UK’s homebuilding market
The UK’s homebuilding sector is fearful of the challenges imposed by President Donald Trump’s 10% tariffs on all UK imports to the U.S. The new tariffs, which have disrupted trade between the US and the UK, could potentially drive up how much it costs to build a house and delay key housing projects. This could…