ETS Joins National Multi-Family Housing Council’s Political Action Committee

This week Engineered Tax Services (ETS) and Gonzalez Family Office (GFO), continued their joint work with the National Multi Housing Council, (NMHC). Last week ETS participated in the NMHC research forum. NMHC, like ETS, is dedicated to education and training on how Real Estate Investors reach maximum tax efficiency thus increasing wealth through strategies which are important by helping provide needed housing for Americans.

Multi-Family Housing Council Meeting Continues

This week ETS continued meeting with NMHC this time at their Washington, D.C. offices. Participating at NMHC meetings included Lisa Costello, Vice-President of Political Affairs and Cindy Vosper Chetti, Vice-President of Government Affairs. These conversations focused on the NMHC and ETS continued work on tax reform.

Julio Gonzalez, Tax Reform Expert, CEO and Founder of Engineered Tax Services and Gonzalez Family Office, updated the NMHC team on his work with various legislative and governmental agencies on much needed technical corrections on the recently passed Tax Cuts and Jobs Act (TCJA).

NMHC has a high interest in changes needed to correct mistakes hastily written into the law, such as a reconciliation between structural depreciation time frames regarding new construction or new purchases of existing multi-family buildings.

Joining into the tax review discussions from NMHC were Matthew Berger, Vice-President Tax and Dave Borsos, Vice-President Capital Markets. These discussions also focused on the new Opportunity Zones created by the tax bill. While final regulations are pending, the Zones may provide meaningful tax advantages for long-term investing within designated low-income areas.

ETS Shares Goals with NMHC

Joining Mr. Gonzalez in Washington, DC was Jamie Pope, Director of Business Development for ETS. “Our ongoing participation with NMHC in these important tax matters, is a continuation of our shared goals of helping investors harvest tax advantages to increase investments in the housing and jobs markets,” said Mr. Pope.

ETS also joined National Multi-Family Housing Council’s Political Action Committee (PAC) to further help lobby Congress, Senate, and Administration on tax policy concerns associated with real estate investing. There were many VIPs at this event that Mr. Gonzalez and Mr. Pope had a chance to listen to and speak with such as:

  1. Congressman Mike Conway, Chairman Agriculture Committee
  2. RNC Chairwoman Ronna Romney McDaniel
  3. Herman Cain (former U.S. Presidential Candidate & Business Executive)
  4. S. Treasurer, Jovita Carranza
  5. (fmr) Lt. Gov. Jennifer Carrol
  6. Star Parker, Founder- C.U.R.E
  7. Jimmy Kemp, Kemp Foundation
  8. Katrina Pierson
  9. Pastor Darrell C. Scott
  10. David Byrd, Sr. Advisor- HUD Secretary Ben Carson
  11. Claude Allen (fmr) White House Domestic Policy Advisor (Bush 43)
  12. Frank Gaffney, Center for Security Policy
  13. Jim Martin, 60 Plus
  14. Bishop Harry Jackson, High Impact Leadership
  15. Deputy Assistant Secretary, Dr. Andrea Ramirez- US Dept. of Education
  16. Harry Alford, National Black Chamber of Commerce
  17. NRCC
  18. NRSC
  19. RSCL
  20. Phil Bond, (fmr) Under Secretary, U.S. Dept. of Commerce
  21. Mark Cowan

Issues Mr. Gonzalez is Working on:

  1. Pass through 199A grouping rules
  2. Opportunity Zone regulation
  3. Depreciation methods
  4. Affordable housing tax credits
  5. Technical corrections
  6. Energy Tax Policy
  7. Design Tax Credits
  8. Interest expensing concerns with development

Along with other tax issues impacting Multi-Family Housing.

We are dedicated to working with NMHC to make sure tax and regulation policy continues to be refined and improved under the current administration with the continued focus on growth in the industry,” said Mr. Gonzalez.


Engineered Tax Services

Engineered Tax Services

Recent Posts

section 174

What Does Section 174’s New Amortization Rule Mean for R&D Credits?

Future changes to the way companies can take deductions from research and development expenses may make investing in innovation more difficult, particularly for small businesses and startups. Furthermore, these new regulations may have a negative impact on U.S. national security. Business owners should have long-term strategy in mind when determining how to properly classify expenses.

Read More »

Establishing Your Accounting Firm On Social Media

Establishing your accounting firm’s voice on social media should be a top priority. If your firm doesn’t have a brand guide that includes its tone of voice, now is the perfect time to create one. It doesn’t have to be a full-blown brand guide⁠—just something that helps to establish and maintain a consistent brand voice.

Read More »
employee retention tax credit scams

How to avoid employee retention tax credit scams

A survey by the National Federation of Independent Business (NFIB) found that only 4% of small business owners are “very familiar” with the Employee Retention Tax Credit program. Furthermore, only 32% said they were “somewhat familiar” with the incentive. Scammers are taking advantage of this unfamiliarity to collect high fees from business owners. Unscrupulous companies

Read More »

Contact Us