Bruce LynnPoster
#2 Real Estate Agent Contributor
- Real Estate Broker
- Coppell, TX
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Elimination of the 1031
Politicians are again talking of eliminating the 1031.
Does this change anything for you? Does that just increase your hold time, so decreases real estate activity?
Do you sell/exchange anyway and just pay the tax man/lady?
Does this hurt or help the economy? Does it hurt or help generate more housing?
Does it change your strategy?
Most Popular Reply
Nope. My strategy doesn't involve influence by any factors outside of my control.
This topic comes up every single election cycle. Too many elected officials on both sides of the aisle are deeply invested in real estate. Just pandering, in my opinion.
- Corby Goade