Apartment Trends Magazine October 2017 | Page 45

of the tax code that have an outsized impact on the multifamily sector.
Specifically, tax reform should:
» » Protect flow-through entities;
» » Retain the deduction for business interest;
» » Maintain like-kind exchanges;
» » Ensure depreciation rules avoid harming real estate;
» » Preserve capital gains treatment of carried interest; and,
» » Protect the Low-Income Housing Tax Credit (LIHTC).
“We will continue working with policymakers on the specific needs
of our industry in tax reform so that we can continue serving the 39
Preserve your time.
Grow your business.
Let us handle
your HR needs.
million Americans who call apartments home and the 12.3 million jobs
supported by the multifamily sector.”
More information about apartments and tax reform is available at
855-351-4731
coadvantage.com/aamd
protectthelease.com.
HUD Suspends Small Area Fair Market Rent
Implementation
Recently, HUD sent letters to Public Housing Authorities (PHAs)
notifying them that the mandatory implementation of the Small Area
Fair Market Rent (SAFMR) methodology would be suspended until CoAdvantage helped us streamline
processes, stay compliant with the changing
sion. Individual PHAs may still choose to voluntarily use the SAFMR HR landscape, provide quality benefi ts to
our employees and implement a technology
platform to manage many aspects of our
2020 for all metro areas except for the Dallas-Plano-Irving Metro Divi-
methodology, however. NMHC/NAA applaud this decision, as we have
long held that zip codes, the geographic level that SAFMRs currently
use, do not represent real estate markets and could adversely affect prop-
erty owners and managers’ ability to provide affordable housing for
families.
Visit www.naahq.org for more information on how NAA and NMHC supports the
multifamily industry.
business. We couldn’t continue to grow at
the rate we are without the CoAdvantage
partnership!
– Jessica Perrin, VP, People, R Investments
Act Now and
Take Advantage
of Special AAMD
Member Pricing!
*Certain restrictions apply.
Call for details.
POST YOUR OPEN POSITIONS
TODAY AT:
CAREERS.PROAPARTMENTS.COM
www.aamdhq.org
10
%
discount
on Admin
and Setup
CoAdvantage holds the following PEO licenses in Florida: GL82, GM280, GM260, GM517, GM516,
GL36, GM75, GM74, GM286, GL69, GM142, GM141, GM285, GL8, GM293, GM279, GM27, GM294,
GL147, GM365, GM367, GL187, GM498, GM497, GM496, GM495, EL346, DM53, GL226, GM596,
GM597, GM598, GM599
©2017 CoAdvantage
OCTOBER 2017 • TRENDS | 43