By Nathan J. Richman, Nov. 7, 2017 “The limitation on like-kind exchanges proposed in the House Republicans’ tax reform bill raises several mismatch questions when compared to the temporary expensing provision regarding timing and property classification,...
Today (November 2, 2017), Congress released the draft tax reform bill. The “Tax Cuts and Jobs Act” preserves a crucial benefit for real-estate investors – the ability to make tax deferred like-kind exchanges for real estate under IRC Section 1031. The bill would...
A must read by Rep. Steve Stivers (R-Ohio) that appeared in The Hill on why it’s crucial to preserve 1031 as tax reform moves forward. Read article here.
The real estate industry coalition of 22 organizations, including the FEA recently submitted statements to both the House Ways & Means Committee and Senate Finance Committee. The letters cover a host of tax reform issues, including retention of 1031. These are...
Reproduced with permission from Daily Tax Report, 104 DTR G-3 (June 1, 2017). Copyright 2017 by The Bureau of National Affairs, Inc. (800-372-1033) http://www.bna.com By Allyson Versprille | May 31, 2017 08:01PM ET | Bloomberg BNA IPX1031’s General Counsel,...
by Emily L. Foster, Tax Analysts, Tax Notes, May 8, 2017, pp. 726-730 Practitioners and industry advocates aim to preserve the coveted like-kind exchange tax-deferred treatment that could be threatened if Congress considers revenue-raising ideas proposed by former...
Travis Gonzalez, Bisnow In June 2016, while Americans were focused on the presidential election, a Republican task force unveiled a 35-page blueprint for tax reform. Dubbed “A Better Way,” the reform attempts to overhaul tax policy and to stimulate the economy through...
