The Federation of Exchange Accommodators (FEA), the national trade association for 1031 practitioners like 1031 CORP., and its allies have argued that a temporary expensing regime does not provide an equal benefit, and results in a tax cliff at the end of the five-year period.The use of Section 1031 like-kind exchanges to defer taxes indefinitely, and the possibility to eventually escape taxation, is also mentioned in the explanation.Republicans Set Aggressive Tentative Schedule, Aim for ThanksgivingThe proposed schedule to move the bill through the legislative process, updated this week, is as follows:Week of November 6: Markup in the House Ways & Means Committee.Week of November 13: House Floor consideration of the tax reform bill. / Markup (tentative) in the Senate Finance Committee.November 17 - December 24: Passage of tax reform bill targeted for as early as the Thanksgiving recess (November 17) or as late as Christmas Eve.The goal of the White House and Republican leadership is to have a tax reform bill signed into law within the next 3 to 8 weeks.If the bill is passed into law:December 31, 2017: Deadline to complete sale/acquisition of either relinquished or replacement property, in order to qualify for treatment of Section 1031.January 1, 2018: Modifications to Section 1031 become effective.The legislative schedule is aggressive.

Legal solutions are fact intensive, and only a local practitioner with access to all the facts could answer a legal question.

I'm interested in investing in Indianapolis in the future, for MTR to nurses (I'm a nurse practitioner) or multi-families.

Physicians, pharmacists, nurse practitioners, respiratory therapists, and other medical professionals travel.  

Your comments are always spot on.Canada is the land of "free" healthcare, but it also is the land of taxes on worldwide income ...so @Dennis Marcelo you should connect with a CPA or a tax practitioner that is familiar with the Canada/US tax convention.

An applicant (Full-time Nurse Practitioner)wants to lease my 3bdrm 2 bath home so she can sublet to traveling nurses  and/or healthcare professionals that she has vetted.

Haley,You mentioned you are a nurse not sure if it applies but if you are a Nurse practitioner, or Nurse midwife there are programs that offer 100% financing for a new primary home. 

My experience as a nurse practitioner tells me that this could be a very successful business.

I'm a certified dementia practitioner, and have extensive sales and marketing contacts in the area we would be opening in from my background in home care marketing and Senior Living sales, where I also hired and trained caregivers.

I currently travel for work as a nurse practitioner so I am rarely home anyway.