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Updated over 3 years ago on . Most recent reply presented by

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Jaime Mack
8
Votes |
7
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So... it is going to be over? Will 1031 drop to $500k max? Yuk!

Jaime Mack
Posted

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?

Most Popular Reply

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17,478
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,166
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17,478
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

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.

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