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Updated 9 months ago on . Most recent reply presented by

Bruce Lynn's profile image
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Bruce Lynn
  • #2 Real Estate Agent Contributor
  • Real Estate Broker
  • from Coppell, TX
  • Member since Feb 1, 2011
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Bruce Lynn's profile image
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Bruce Lynn
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  • Real Estate Broker
  • from Coppell, TX
  • Member since Feb 1, 2011
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Bruce Lynn#2 Real Estate Agent Contributor
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  • Coppell, TX
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1031 Exchanges

Elimination of the 1031

Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Posted
https://www.kiplinger.com/real-estate/why-the-attack-on-1031-exchanges-is-likely-to-fail-again

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?

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Corby Goade
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Corby Goade
  • Investor
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Replied

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
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