Now is a good time to invest in real estate regardless of whether your goals are short or long-term, says Blake Rigby, managing director at Colliers International. Rigby says that there will be more money available to explore new ventures in 2019-2010 because of the 2018 tax cuts.
Tax rates for pass-through entities now top out at 37 percent compared to 39.6%. A new provision also allows property owners to write off the first 20 percent of their real-estate-related profits.
Rigby also says that retail is enjoying a comeback, with digital retailers such as Amazon opening small neighborhood warehouses and stores. Education is also continuing to expand its property footprint.