All posts tagged 'american families plan'

Biden’s Proposal To Cut 1031 Exchanges May Be “Tremendous Blow” To Real Estate, Say Experts

Posted on May 4th, 2021 · Posted in Industrial / Flex, Investments, Land, Multi-Family, Office, Retail

The proposed change to IRS Section 1031 is part of President Biden’s $1.8 trillion American Families Plan. But some experts believe losing like-kind exchanges could be more harmful than helpful. Fewer real estate deals would be a tremendous blow to state and local governments that are already on weak financial footing due to the pandemic. CLICK ON THE HEADLINE FOR MORE