As April approaches, the implications of the federal tax reform act were on everybody’s minds, and the tax partners at Cherry Bekaert shared anecdotes of oddities they have come across since the new rules have begun implementation. So far, their clients are being affected by the steeper limits on interest expense deductions and limits on the passive activity losses real estate professionals can claim. Overall, however, if past tax reform bills are any indication, the particulars of the law will continue to be ironed out over the next several years.