MBA Joint Letter on Preserving Carried Interest

The undersigned organizations, representing all sectors of commercial real estate, urge you to preserve investment in real estate by maintaining longstanding tax law as it relates to carried interest and capital gains. Carried interest is a crucial tool driving American real estate investment, spurring housing development, and promoting the growth of our built environment. Retaining capital gains tax treatment for carried interest helps ensure our nation can meet the goals of housing, modernizing our building stock, and contributing to economic growth.