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BIA Sponsors Program to Forecast Tax Act Impact

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Forecasts for 1987 in the real estate related fields of finance, development, tax matters, investments and marketing will be presented Dec. 1 and 2 at seminars sponsored by the Building Industry Assn. of Southern California.

The impact of tax reform will be the central issue at the sessions, the first at the Bonaventure Hotel and the second at the Anaheim Hilton. Many of the new law’s provisions become effective Jan.1, instituting the first major changes in tax law in more than three decades.

Although concentrating on tax matters, the conferences also will deal with real estate financing, development and marketing, with specialists from those fields serving as panelists. Sessions open with registration starting at 7:45 a.m. and programs at 8:30 a.m. and continuing to 5 p.m.

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Discussing tax reform will be Robert Charles Lesser, real estate consultant; Stan Ross, co-managing partner of the Kenneth Leventhal & Co. accounting firm and Marvin B. Starr, realty law specialist.

John H. Fulford, senior vice president, Federal National Mortgage Assn., and Duncan Lent Howard, regional administrator, Department of Housing and Urban Development, will be keynote speakers, according to the conference chairman, Martin S. Stolzoff.

Special presentations are scheduled by Kent W. Colton, executive vice president and chief operating officer, National Assn. of Home Builders; Donald W. Crocker, regional director, Federal Savings and Loan Insurance Corp.; Alan J. Parisse, senior vice president, Consolidated Capital Equities Corp., and Phillip R. Nicolson, partner in the law firm of Cox, Castle & Nicholson.

A score of presidents and heads of banking, building, development, investment, mortgage, pension, land and real estate companies are also on the program. Details are available from the BIA offices at 1571 Beverly Blvd., Los Angeles 90026.

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