The 4 percent LIHTC floor provides a guaranteed baseline of tax credits for any affordable housing project.

London-based Henley Investments outlines what drove its decision to sell some of its assets and how it plans to deploy capital going forward.

The so-called 1031 like-kind exchange rule was created a century ago to aid family farmers. It has evolved into a beloved tool of property moguls, Fortune 500 companies and real estate trusts that can use it to create a daisy-chain of tax avoidance.