THINK REALTY
NEWS & EVENTS
Think Realty and AAPL’s Virtual Day on Capitol Hill
M
embers of the American Asso- ciation of Private Lenders and
“to simplify existing rules and regulations to facilitate capital formation, particularly for small businesses, consistent with the protection of investors.” AAPL and Think Realty’s position is to strike Section 138312 and 138314 from the federal tax bill, which if passed, would force self-directed IRA accountholders to move from private to public offerings. Beyond this urgent matter, ongoing topics discussed included Affordable Hous- ing, Opportunity Zones, the Home Mortgage Disclosure Act, Bankrupt- cy, and more. AAPL and Think Realty are owned by Eddie Wilson, an experienced real estate investor and private lender with a track record of successful
business ventures and nonprof- it organizations worldwide. “It is important to establish who we are and how we can be of service to legislators. We take a consultative approach, and our methodology is one of advocacy,” he said. Policymakers were responsive to concerns and the event’s 11 meet- ings with legislators on both sides of the political aisle helped raise awareness for the real estate invest- ing and private lending industries. Staff requested additional informa- tion that would help them better understand these issues and the plight of their constituents. For more on what Think Realty is doing in this endeavor, read the cov- er story on page 16. •
Think Realty gathered virtually for a day of meetings with staffers in Washington, D.C. to discuss proposed legislation that would impact housing providers and private lenders. In 2019, each company organized an in-person Day on the Hill event and members were excited to contin- ue the discussion that successfully began two years ago. The purpose of Day on the Hill is to explain what housing providers and private lenders do for the real estate industry and to voice the impacts proposed legislation would impose. The specific mission this year was to Save Regulation D, which Congress adopted in 1982
8 | think realty magazine :: december 2021
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