A letter in support of section 1031 LKE was sent today to House Ways & Means Committee Chairman Kevin Brady by two members of the House Agriculture Committee, Reps Gibbs (R-OH) and Rouzer (R-NC) and was joined by 17 other Congressmen & Congresswomen. The...
Could Proposed 1031 Changes Be Good For Joe Cosenza? by John Salustri GlobeSt.com May 31, 2016 Joe Cosenza of Inland Real Estate Group talks with GlobeSt.com Editor John Salustri about his opposition to a potential repeal of Section 1031 and the effects of repeal on...
A RECIPE FOR DISASTER Eating The Seed Corn: Congress Proposes Repealing Section 1031 Options Under 1031 Benefit All Parties, Including The IRS by Joseph Darby BankerandTradesman.com November 22, 2015 Everyone understands that “eating your seed corn” is a really bad...
by John Salustri GlobeSt.com September 17, 2015 “A loss of like-kind touches everyone who touches real estate,” says Joe Consenza, vice chairman of the Inland Real Estate Group in this GlobeSt.com interview. In preparation for CCIM’s upcoming conference, CCIM Thrive,...
by rliland, Contributor James Miller, Assistant General Counsel, IPX1031® Over the past two years there have been numerous proposals to restrict or eliminate I.R.C. §1031 tax deferred exchanges. These proposals are based on misunderstandings about §1031 and do not...
1031 Tax Reform Update – July 2015 Section 1031 matters. In fact, like-kind exchanges matter a lot. The second of two important economic impact studies, along with results of a large scale real estate industry survey, were released last week, quantifying the...
1031 Tax Reform Update – June 2015 It’s been almost three months since the March 17th release of the Ernst & Young Economic Impact of Repealing Like-Kind Exchange Rules study. The study provides important quantitative analysis which demonstrated that a...