Meetings with Congress May 4, 2023 Senior managers of IPX1031, together with members of our trade association, the Federation of Exchange Accommodators (FEA) conducted over 70 meetings with Congressional members and their staff in late April. Although our mission to...
Biden Releases FY2024 Budget March 10, 2023 President Biden released his FY2024 budget this week, and it again proposes a cap on deferred gain from like-kind exchanges. This doesn’t represent a new threat to Section 1031. It is just a repeat of what was in the 2023...
Capitol Hill Update, December 13, 2022 Once again, Santa’s sack is stuffed with two pieces of must-pass legislation to be signed, sealed and delivered before Christmas. The good news is that in spite of a few reindeer with minds of their own, the red, blue and purple...
The Inflation Reduction Act was passed by Congress and signed into law by President Biden on August 16, 2022 without any changes to section 1031. This victory was the culmination of a vigorous, multiyear effort by employees of IPX1031, members of the Federation of...
Members of Investment Property Exchange Services, Inc. (IPX1031) and of the Federation of Exchange Accommodators (FEA) continue to meet with policymakers to educate them about the powerful economic benefits of Section 1031 Like-Kind Exchanges. The updated Sustaining...
Updated findings of Ernst & Young’s (EY) May 2021 research about the Economic Contribution of Sec. 1031 Like-Kind Exchange to the US Economy in 2021 were released May 2022. The study measures not only the direct impact on taxpayers engaged in like-kind exchanges,...
In Bisnow’s Biden Is Going After 1031 Exchanges Again. CRE Is Mobilizing To Stop Him, IPX1031 EVP Suzanne Goldstein Baker was quoted that IPX1031 and industry partners have spent significant time and energy educating our policymakers as to the powerful economic...
