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Updated over 3 years ago on .
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So... it is going to be over? Will 1031 drop to $500k max? Yuk!
What is the general consensus here? Will we lose 1031 at the higher level? (over $500k)...
https://therealdeal.com/2021/0...
Realtors, etc. have some pretty fancy lobbyists... but I just don't know. The power of the takers is pretty strong.
Thoughts?
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i live in the 5th most expensive market in the country and Ive never had a gain over $500k. This will not affect most people who invest in residential real estate. It would primarily affect those in commercial.
- Russell Brazil
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