[Alberta's Child]

I've started working with prospective clients who are looking to take advantage of the "enterprise zone" legislation, and they would probably be impacted by the estate tax changes as well.

What I'm noticing is that there seems to be more real estate development activity involving old, decrepit properties that have been owned by the same families for decades. These aren't exorbitantly wealthy families, either; they just own a lot of property in areas that are now run down. I suspect there will be a lot of capital gains tax implications for the economy as a whole as these projects move forward.

[9YearLurker]

Real estate is overwhelmingly the asset class to be affected—and by far it is the really big landlords in those areas, like the Kushners, who will benefit.

Again, Trump wanted to eliminate the estate tax totally up through the billions level. Congress just wouldn’t allow him to go nearly that far.