IPX1031 Insight Blog

Section 1031 Like Kind Exchanges: Current Threats to a Hundred Year Old Tax Tool


IPX1031 is a full service Qualified Intermediary with highly specialized exchange divisions to handle any type of exchange transaction nationwide.

Current Threats to a Hundred Year Old Tax Tool
by Suzanne Baker, EVP and General Counsel of IPX1031®
Terra Firma, the official publication of the REALTORS® Land Institute

Almost one hundred years ago, Congress enacted Internal Revenue Code 1031, permitting deferral of capital gains and recapture tax on like-kind exchanges. Two primary purposes of the tax were: 1) to avoid unfair taxation of ongoing investments in property and 2) to encourage active reinvestment. These purposes are even more relevant today in our global economy than they were in 1921.

Download entire article PDF here.
Read the Terra Firma Winter 2017 Issue here.

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