updated May 2020 The Tax Cut and Jobs Act was signed into law on December 22, 2017, and took effect on January 1, 2018. Read about the impact the Tax Cut and Jobs Act had on Sec. 1031 here. Soon, 1031 exchanges may be eliminated under current tax reform proposals....
Houston Chronicle recently ran an Op-Ed by Randy Lee. Says small businesses are the backbone of the American economy accounting for 99.7% of all US employers. 1031 exchanges utilized through small businesses ultimately bring higher growth and more revenues for the...
Bloomberg BNA recently published a commentary by Dave Franasiak and additional lawyers. • Says provisions Sanders vows to eliminate are part of current law, not means for tax avoidance • Legislation opposing like-kind exchanges one area that could make headway in 2017...
A letter in support of section 1031 and signed by 26 real estate, forestry, farm, and land conservation organizations was sent to Donald J. Trump today. Click here to read the Trump letter. The letter is signed by 26 real estate, forestry, farm, and land conservation...
A letter in support of section 1031 and signed by 26 real estate, forestry, farm, and land conservation organizations was sent to Hillary Rodham Clinton today. Click here to read the Clinton letter. The letter is signed by 26 real estate, forestry, farm, and land...
Last Friday, on June 24, 2016, House Ways & Means Chairman Kevin Brady (R-TX), flanked by his predecessor, Speaker of the House Paul Ryan (R-WI), announced what informally has been called the GOP’s “Blueprint for Tax Reform.” The official title of this ambitious...
Americans for Tax Reform recently posted about the strengths of 1031 Exchanges and how in a perfect world, capital gains should be treated the same as like-kind exchanges: Like-kind exchanges, a provision existing under section 1031 of the tax code allows an investor...
