Oppose the Proposed Restriction on 1031 Like-Kind Exchanges for Real Property
Write to your Member of Congress and Senators to urge them to oppose restricting Section 1031 like-kind exchanges. As part of the American Families Plan, the Biden Administration has proposed eliminating the application of Section 1031 for gains greater than $500,000. Like-kind exchanges have been part of the U.S. tax code since 1921 and are …