Could the 1031 Exchange Go Away For Good?

[John Woodington]

Curious to hear everyone's thoughts on if this has a chance of passing:

Biden’s proposed tax hikes could be a ‘double-edged sword’ for real estate — what homeowners and investors need to know - MarketWatch

I'd wager that if the 1031 goes away completely (not likely) that cash-out refi's become the new defacto method of freeing up invested capital.