The Biden Administration has launched an attack on Section 1031 like-kind exchanges. President Biden’s “American Families Plan” proposes to eliminate like-kind exchange treatment for gains greater than $500,000. The IPA is pleased to provide a comprehensive suite of educational resources and advocacy tools for our members to help protect 1031 like-kind exchanges for real property and to counter this proposal with their Members of Congress. As a result of our efforts, these changes were not included in the Inflation Reduction Act of 2022. We need to remain vigilant to guard against destructive limits or the elimination of Section 1031 like-kind exchanges. We must continue to educate Members of Congress and other policymakers about the important role like-kind exchanges play in support of investors, business owners, retirement savers and the broader economic well-being of our communities.
To raise or not to raise taxes? It’s a debate as American as apple pie and old as time, which intensifies every election year. Recent discussions regarding changes to U.S. tax policy, including a new proposal from Democratic presidential candidate...
Read more
Section 1031 of the United States Internal Revenue Code allows for like-kind exchanges (1031 exchanges), which are a win-win-win for investors, taxpayers, and the general public.
With 2021 marking the 100-year anniversary of the tax-deferred, like-kind exchange, the Delaware Statutory Trust (DST), has emerged as a popular tool for investors to leverage its benefits. Showing resilience during economic downturns, DSTs have even taken advantage of the unique economic landscape created by the Covid-19 pandemic.
The IPA held a 1031 Advocacy Workshop on June 3, 2021, to discuss specific policy positions, action plans, identify gaps in data, and other resources required to support our advocacy efforts.
On May 27, 2021, the Real Estate Roundtable President & CEO Jeffrey DeBoer moderated a Congressional briefing discussion on Real Estate Like-Kind Exchanges, with Marcus & Millichap CEO Hessam Nadji; Naperville, IL Mayor Steve Chirico; Syracuse Professor Milena Petrova; and EY economist Robert Carroll.
The IPAConnect 20201 focused on exclusive product updates from top asset managers and timely insights on market trends emerging from a recovering Covid-19 economy.
The IPA and a group of our members representing asset managers, broker-dealers, registered investment advisers and practitioners met with key members of Congress, their staff and Committee staff to continue to educate them on the value and importance of 1031 like-kind exchanges. Learn more.
Listen to a replay of a summary of 2020 performance, a 2021 outlook, and the latest data and research from the IPA Data & Research committee. Hear directly from those on the front line of our advocacy initiatives.
Hear the IPA and Mountain Dell Consulting as they co-hosted a thoughtful discussion on the past, present and future of this important investment opportunity.
Professors David C. Ling and Milena Petrova detail the implications that a repeal of Section 1031 would have on the commercial real estate industry in the United States.
For more information, or to get involved, please email us at acoverman@ipa.com or call (202) 548-7190.
Industry Coalition Letter to Senate Finance/House Ways & Means on Budget Reconciliation