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Updated almost 4 years ago on . Most recent reply

Ty Ottaberry's profile image
Ty Ottaberry's profile image
Ty Ottaberry
  • Rental Property Investor
  • from Gilmer tx
  • Member since Nov 5, 2018
  • Posts 87
  • Votes 21
  • Experience 8 Yrs
  • Investments 17
Connect

User Stats

87
Posts
21
Votes
Ty Ottaberry's profile image
Ty Ottaberry's profile image
Ty Ottaberry
  • Rental Property Investor
  • from Gilmer tx
  • Member since Nov 5, 2018
  • Posts 87
  • Votes 21
  • Experience 8 Yrs
  • Investments 17
Connect
Ty Ottaberry
  • Rental Property Investor
  • Gilmer tx
21
Votes |
87
Posts
Multi-Family and Apartment Investing

10-31 may be coming to a end for bigger investors

Ty Ottaberry
  • Rental Property Investor
  • Gilmer tx
Posted

Would Imagine someone has already posted about this . I just hopped off a zoom call with my CPA . Biden is enforcing a law To put a stop to the 10-31 exchange if the sale of the property is over 500k .

Something tells me he is just doing this to piss off Trump.

Wanted to here some other Opinions on this

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Spencer Gray's profile image
Spencer Gray's profile image
Spencer Gray
  • Syndication Expert and Investor
  • from Indianapolis, IN
  • Member since Feb 12, 2016
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Spencer Gray's profile image
Spencer Gray's profile image
Spencer Gray
  • Syndication Expert and Investor
  • from Indianapolis, IN
  • Member since Feb 12, 2016
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Spencer Gray
  • Syndication Expert and Investor
  • Indianapolis, IN
807
Votes |
591
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Spencer Gray
  • Syndication Expert and Investor
  • Indianapolis, IN
Replied

The $500k cap has been proposed, I doubt it will happen - there's just not the political will. Democrats own real estate too! 

4 Votes
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