CONCLUSION The 2024 presidential election has maintained the century-old status quo for 1031 exchanges, with the proposed Biden/Harris limitations now DOA under a Trump administration. This outcome allows real estate investors to continue utilizing this valuable tax-deferral mechanism, supporting ongoing investment and activity within the real estate market. However, the discourse surrounding tax policy and equity is ongoing, and stakeholders must stay informed and proactive in discussions that could impact the future of 1031 exchanges. For more information about passive real estate investments and 1031 exchanges, please call 1031 Capital Solutions at 1-800-445-5908 or visit our website, 1031capitalsolutions.com.
RICHARD D. GANN, JD Managing Partner 1031 Capital Solutions (800) 445-5908 1031CapitalSolutions.com
Richard (Rick) Gann is an attorney, licensed real-estate broker, and general securities principal specializing in 1031 exchange solutions and he is co-author of the book How to Retire from Being a Landlord.
Disclaimer : This is for informational purposes only, does not constitute individual investment advice, and should not be relied upon as tax or legal advice. Please consult the appropriate professional regarding your individual circumstance. The views of this material are those solely of the author and do not necessarily represent the views of the presenting party, nor their affiliates. There are material risks associated with investing in real estate securities and 1031 replacement properties, including liquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with multi-family properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal. The content of this presentation is neither an offer to sell nor a solicitation of an offer to buy any security which can only be made by prospectus. Securities offered through Concorde Investment Services, LLC (CIS), member FINRA/SIPC. Advisory services offered through Concorde Asset Management, LLC (CAM), an SEC-registered investment adviser. 1031 Capital Solutions is independent of CIS and CAM.
1. https://www.thestreet.com/retirement-daily/your-money/proposed-section-1031-changes-could-be-disastrous 2. https://www.kiplinger.com/real-estate/why-the-attack-on-1031-exchanges-is-likely-to-fail-again 3. https://www.bdo.com/insights/tax/2024-election-watch-comparing-the-presidential-candidates-potential-tax-policies 4. https://www.nar.realtor/section-1031-like-kind-exchange 5. https://www.law.cornell.edu/uscode/text/26/721
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