1031 exchanges may be axed by Trump’s tax plan
May 1, 2017 | by John Rebchook | Colorado Real Estate Journal
Riki Hashimoto’s phone was ringing off the hook late last week.
Anxious investors had one question for the commercial real estate broker after President Donald Trump released his still skeletal outline for tax reform last Wednesday: “Are 1031 exchanges going away?”
While a lot of media ink was devoted to things like the proposed 15 percent corporate tax rate and doubling the standard deduction for individuals, I could find no mention of the fate of the 1031 exchange.
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