The Obama Administration continues its efforts to limit the use of Tax Deferred 1031 Like-Kind Exchanges. In their 2017 budget proposal, the Obama proposed a one million dollar limit on both real and personal property exchanges. The REALTORS® Land Institute advocates strongly that these exchanges are a vital contributor to the entire real estate industry and the US economy as a whole. Read more.
https://www.rliland.com/wp-content/uploads/washington-509737_1920.jpg 1013 1919 Jessa Friedrich https://www.rliland.com/wp-content/uploads/RLI-Logo_Padding.png Jessa Friedrich2016-05-02 09:24:262016-06-01 15:42:13President Obama’s Administration Continues Its Quest to Limit the Ability to Defer Income Under IRC § 1031