In this episode, we welcome back Carey Heyman, managing principal for the real estate industry at CLA. Carey breaks down the newly enacted One Big Beautiful Bill Act and what it means for commercial real estate. He covers key provisions like 100% bonus depreciation, Section 179 expensing and business interest deduction relief, along with updates to the Opportunity Zone program, including rural investment incentives and expanded reporting requirements. Carey also shares strategies for balancing today’s tax advantages with uncertainty around tariffs, offering practical insights to help firms enhance benefits, manage costs, and stay ahead of emerging risks. Recorded on Aug. 7, 2025.