Spring/Summer 1982, Vol 7, No 1

Abstract: The Economic Recovery Tax Act of 1981 provides both incentives and disincentives to investors of real estate tax shelters. Investors are encouraged to increase shelter investments due to faster write-off allowances and lower capital gains rates spelled out by the new law. On the other hand, the Act discourages marginal investors by decreasing overall individual rates that will cut projected tax savings.