Would Repeal of 1031 Exchange Damage Economy, Tax Revenues & Real Estate Industry?
America‘s Commercial Real Estate Show
September 20, 201743m 22s
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Show Notes
Experts share predictions on the impact of repealing IRS section 1031, the tax deferred exchange, which was designed and has proven to stimulate business and the economy. * Impact on tax revenues and GDP from reduced number of transactions * Effect on tax revenues and economy from reduced payrolls and jobs * Expected deterioration of aging U.S. commercial and multifamily properties * Lost tax revenues from increased depreciation right offs * Easy method to let your opinion known before it's too late To learn more and easily let your opinion known visit www.1031TaxReform.com