bidden - real estate tax impacts?

[Rocco Swinney]

hi all - i just received the email. im unclear on a few parts

1. it seems he wants to remove the 1031 - also if you make under 400k?

2. i see a reference online about also eliminating investors ability to offset their tax bills with real estate losses - this is where im confused and concerned

Is this only for people who make over 400k and what is considered a loss by this wording? All - mortgage interest, repairs, etc?