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Podcast: America‘s Commercial Real Estate Show
Episode: Would Repeal of 1031 Exchange Damage Economy, Tax Revenues & Real Estate Industry?
Description:
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