Elimination of the 1031 exchange. Please read!

[Christopher Dumelle]

I received the following email earlier today from NAR reguarding the IRS wanting to eliminate 1031s. There ia a survey Link in the email, please fill this out if you would like NAR to fight to keep 1031s. I have not been involved in a 1031, but know the vital role they play in real estate investing. "Last week, we let you know about an important research project for the NATIONAL ASSOCIATION OF REALTORS®. Now is your chance to participate. Recent tax reform proposals seek to limit or eliminate current law Section 1031 deferral of capital gains tax liability on like-kind property exchanges. In order to more accurately assess and quantify the economic impacts of such changes, and to educate Members of Congress as to why the provisions should be retained, the National Association of REALTORS® is conducting a survey of its members to help determine the extent of like-kind exchanges in the real estate industry, the characteristics of such property, and the likely response of property owners to a change in tax treatment. To participate, please click on the secure link below, or, if you prefer, you may copy and paste the link into your browser: https://www.surveymonkey.com/s/2015S1031R Your responses will remain completely confidential. We will not sell or distribute your name or any information about you to another party. Thank you for your time and consideration. It’s only with the generous help of people like you that our research can be successful." If you have any questions, please contact NAR Research at (202) 383-1014.