The 2024 Democrat platform calls for the repeal of section 1031. The plan references it as a loophole for wealthy investors. However, it’s been around for 100 years because it actually adds to the tax base, jobs, housing, neighborhoods, farming and the economy. Every four years we must remind our senators, congressmen and the president of the math.

Dan Wagner with Inland Real Estate Group joins Michael Bull, CCIM to discuss the 1031 exchange, benefits for communities, businesses, and property owners, and how you can contact your legislators to preserve like-kind exchanges on the tax code. 

Additionally visit 1031.org for more information. 

ShareFile - Secure, digital solutions to simplify workflows and improve collaboration. https://ShareFile.com

CREi Summit 2024 - CRE Digital Marketing & Social Media Conference in Atlanta, GA September 11-13: https://creisummit.com/

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