The Zehner Hill Blog

A High Altitude Perspective

March 18, 2021

There’s no better example than the Lockheed SR-71 to drive home the value of having a high-altitude perspective.

Tax Trifecta Threatens Property Values

March 4, 2021

In our last five posts we have taken a hard look at several proposed changes to the federal tax code that we believe pose a significant threat to the commercial real estate market.

Is the Step-Up Rule in Jeopardy?

February 25, 2021

In this post, we take a look at another of President Biden’s campaign planks; the elimination of the step-up rule, an estate planning tool widely used by investors large and small for decades.

The Impact of Taxing Capital Gains as Ordinary Income [PART 2]

February 17, 2021

Last week we began our discussion on the new administration’s stated objective to tax long term capital gains at ordinary income tax rates. That would take the tax on those gains to 37% from the current 20%.

The Impact of Taxing Capital Gains as Ordinary Income

February 3, 2021

In our last two posts, we addressed the potential impact of the elimination of 1031 exchanges, the last asset class to enjoy the benefits of this 100-year-old investment tool. We now move on to another plank of President Biden’s policy platform: taxing capital gains at ordinary rates, which we have grave concerns about.