American Families Plan & Impact on 1031 Exchanges
The Biden Administration has proposed several tax policy changes in recent weeks to raise $1.5 trillion in revenue to cover new subsidies for families and workers as part of the American Families Plan. Several of these proposals could dramatically impact the real estate market. Limiting 1031 Exchanges The Plan proposes a limit to IRC Section 1031 like-kind exchange deferral to a maximum of $500,000 of gain. The Federation of Exchange Accommodators in conjunction with coalitio