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The Inland Real Estate Group, LLC Announces New President of Inland Property Tax Services, LLC

user by Jenny Stanko
calendarTuesday, 16 January

 The Inland Real Estate Group, LLC (“Inland”) announced today that Tracy Le, CMI has been promoted to President of Inland Property Tax Services, LLC, a national property tax reduction consultancy that is part of one of the nation’s largest commercial real estate and finance organizations. In her new role, Le will be responsible for overseeing property tax filings, appeals, assessment negotiations, audits, multi-state property tax compliance, tax projections and pre-acquisition tax due diligence for Inland’s diverse portfolio of commercial real estate properties as well as for external clients.

“Tracy is an accomplished executive, bringing nearly 20 years of financial and accounting expertise to her new position, along with a deep knowledge and understanding of the many facets of property taxes within various sectors of commercial real estate,” said Tim Hutchison, chief operating officer of The Inland Real Estate Group, LLC. “She has been a great asset to our property tax services team for the last 14 years, and we know she will continue to lead the organization while upholding Inland’s core values of integrity, expertise and innovation.”

Le joined Inland in 2004 as Real Estate Tax Due Diligence and was quickly promoted to Assistant Vice President of Tax Reduction. In 2013, Le advanced to Vice President of Due Diligence and Tax Reduction, and within a year was appointed to Senior Vice President. Throughout her career with Inland, she has managed a commercial real estate portfolio of more than 900 properties including retail, office, multifamily, industrial, agricultural, hotel and mixed-use development properties. Under Le’s leadership, Inland Property Tax Services, LLC has saved its clients in excess of $46 million annually in taxes. Prior to joining Inland, Le served as a Certified Licensed Appraiser/Property Valuation Analyst with the Property Tax Division of the Utah State Tax Commission.

Le received her Bachelor of Science degree in Finance from the University of Utah and her Master of Business Administration from Utah State University. As a member of the Institute for Professionals in Taxation, Le recently received her Certified Member of the Institute (CMI) designation. She is also a member of the National Property Taxpayers Association.


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Join People’s Resource Center at Egg Harbor Cafe Wednesday!

user by Jenny Stanko
calendarTuesday, 16 January


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Inland Real Estate Group of Companies Celebrates 50 Years

user by Jenny Stanko
calendarTuesday, 09 January

Inland Real Estate Group of Companies is proud to announce that it will be turning 50 in May of 2018!

From its humble beginnings in 1968, Inland has become one of the nation’s largest commercial real estate and finance groups. The Daily Herald published Inland’s amazing history – you can read that history here: Business Profile.

Please also take a look at a special Inland 50th Anniversary Website here. There is a lot of interesting and exciting information about Inland and its evolution over the years.

Congratulations Inland!


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Tax Reform Signed Into Law

user by Jenny Stanko
calendarTuesday, 02 January

Without much fanfare but with typical political controversy, the House and Senate successfully reconciled their respective tax bills. House and Senate conference committee members leaned in favor of many provisions contained in the Senate proposal. A significant move in that direction was retaining the elimination of the Affordable Care Act’s individual mandate (the penalty for failing to maintain minimum essential health care coverage) and using the Senate’s methodologies for taxing income from pass‐through businesses (but some elements of the House bill entered into the computation). In other circumstances, a true compromise was reached, such as meeting in the middle on modifications to mortgage interest deductibility. Following the political maneuvering, the new tax legislation (the “Act”), has now been approved by Congress and signed into law by President Trump on December 22.

In order to abide by Senate budget reconciliation rules and ensure the Act does not result in budget deficits outside the 10‐year budget window, the Act makes almost all individual income tax provisions temporary — nearly all expire at the end of 2025. No doubt, this will create tax complexity and political difficulties. On the other hand, most corporate provisions are permanent. This Tax Bulletin 2017‐9 summarizes certain provisions of the Act and adds observations on income, estate and pass‐through taxation.1 Taxpayers may want to consider the implications of typical year‐end decisions, such as selling capital assets and charitable giving, in light of the changes noted below, and discuss their particular circumstances with their tax advisors before taking action.

Read the report in its entirety courtesy of Merrill Lynch: Merrill Lynch Tax Bulletin 2017


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