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'He's the master of public subsidy': The life of a real estate developer

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The real estate industry may be the single biggest beneficiary of tax credits, carve-outs and subsidies on the federal and state level. Realtors, developers and mortgage bankers dig in deep every time a tax reform is on the table, because they have the most special carve-outs to protect, including the mortgage-interest deduction, first-time homebuyer credits, even the carried-interest...

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