Focus: Commercial real estate industry worries over higher taxes as election looms

Contributing sentiments towards policy:

51% : Advertisement · Scroll to continueSo far, campaign contributions from the finance, insurance and real estate sectors favor Trump, with $234.9 million donations to the former president versus the $117 million in giving to Vice President Kamala Harris, a Democrat, according to data from politics money tracker OpenSecrets.Industry trade group the National Association of Realtors has also donated more to Republicans, with $5.2 million to the GOP versus $3.9 million to Democrats.
50% : Among the real estate mega donors who have backed Trump are budget hotelier Robert Bigelow's Bigelow Aerospace which donated $14.2 million to Trump's Super PAC, the OpenSecrets data shows.
36% : Trump said in speeches, interviews and campaign documents that he would make tax cuts permanent, although it is not clear his specific views on 199A.Another measure of concern to the industry is 1031 "like-kind" exchanges, which enable real estate investors to defer capital gains taxes by reinvesting proceeds of sales into new purchases.
25% : Trump has not made clear specific views on 1031.
22% : Trump has not officially endorsed the idea of converting offices into housing.
18% : Trump has endorsed making his tax cuts permanent although he has not been specific about these measures.
16% : The Harris and Trump campaigns did not respond to requests for comment.

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