Tag Archives: like-kind

Prominent Senator Takes Aim at Section 1031 Like-Kind Exchanges

Senator Takes Aim at 1031 Like-Kind Exchanges

A prominent Senator, Max Baucus (D-Montana), has unveiled a draft proposal that would sharply reduce or eliminate a number of tax breaks currently enjoyed by real estate investors. Specifically, the draft proposal would eliminate Section 1031 “like-kind” exchanges. It would ...

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