News
This section will provide you with the latest tax reform news as well as updates and commentary on our IPX1031 blog. Check back often to keep up to date!
1031 Update on Capitol Hill – March 2022
President Biden released his FY2023 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 2022 budget. The FY2023 proposal would allow the...
1031 Update on Capitol Hill – January 2022
January 26, 2022 Limitations to IRC Section 1031 were not included in the 2021 House-passed version of the Build Back Better bill (BBB). As we roll into Q1-2022, we continue to watch BBB progression, in whatever form that may take, monitoring any changes to provisions...
SIOR: Preserving The 1031 Now And For The Future
Winter 2021 The 1031 Exchange is a vital investment tool for the CRE industry and is an economic driver for the US economy. IPX1031's own Suzanne Goldstein Baker shares why in this latest piece just published in SIOR (PDF version here):SIOR: Preserving the 1031 Now...
1031 Update on Capitol Hill – December 2021
December 14, 2021 Santa’s sack is chock full of important legislation to be delivered before the holiday season concludes. The debt limit must be raised and the National Defense Authorization Act must be passed. And while the ETA for Santa’s sleigh is projecting...
1031 Update on Capitol Hill – House Passes $1.7T Spending Bill – November 2021
November 22, 2021 The House of Representatives passed a $1.7 trillion spending bill last Friday, November 19th. At this point Section 1031 remains intact and unchanged. The Administration’s proposal to cap Section 1031 at $500K per taxpayer was not included as a “Pay...
To keep investment dollars flowing, protect this incentive
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.
Submissions to the House Ways & Means Committee and Senate Finance Committee
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...
Tax Reform That Kills Like-Kind Swaps a Red Flag for Farmers
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, Suzanne...
Advocates Aim to Preserve Like-Kind Exchange in Tax Reform
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...
Republican Tax Reform Plan Puts 1031 Exchanges On The Chopping Block
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...
This section will provide you with the latest tax reform news as well as updates and commentary on our IPX1031® blog. Check back often to keep up to date!
This section will provide you with the latest tax reform news as well as updates and commentary on our IPX1031® blog. Check back often to keep up to date!
This section will provide you with the latest tax reform news as well as updates and commentary on our IPX1031® blog. Check back often to keep up to date!
