Americans Build Valuewith Section 1031 Like-Kind Exchanges
Taxpayers at all levels use Section 1031 exchanges to expand businesses and invest for the future, for a positive impact on economic growth for all Americans.
Tax Reform Legislation Preserves Exchanges for Real Estate Assets
The 2017 "Tax Cuts and Jobs Act" preserves Section 1031 for real estate assets and eliminates exchanges for personal property. The law went into effect January 1, 2018.
A Federation of Exchange Accommodators Resource
- Infographic: What Is a Like-Kind Exchange?
- Perspective: TCJA Compliance for QIs
- Infographic: Greater Economic Loss From Repeal Than Tax Cost of Retention
- Perspective: Like-Kind Exchanges Promoting Economic Growth
- Letter: FEA Recommendations to Senate Finance Committee (7/15/2017)
- Whitepaper: The Impact of Section 1031 on the Economy
- Whitepaper: A Legislative History of Section 1031 Like-Kind Exchanges
- Resource: FEA 1031 Client Flyer
1031 Repeal Issue
Eliminating Section 1031 like-kind exchanges among sweeping changes to the tax code would disadvantage small and medium-sized businesses, and would negatively impact taxpayers, job growth, and the U.S. economy.
Because Section 1031 complements the House Republican Blueprint proposals and tax reform initiatives, it should be preserved in the tax code.