Is Section 1031 on the New Administration's Chopping Block?

Even before November’s surprise election results were known, real estate investors were keeping a wary eye on the future of Section #1031 of the IRS Code. The Obama administration had sought caps on transactions, and then-candidate Clinton had done the same. But it was the ultimate victor, Trump, who may have the biggest influence on the future of this oft-used section of tax code.

While no one can predict when or if section 1031 will be limited (or eliminated altogether), that isn’t stopping those involved in this sector of real estate investing from trying to read the tea leaves. This Forbes article summarizes some experts’ current thoughts.

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