As part of the Biden administration’s $1.8 trillion “American Families Plan,” real estate investors can expect changes to the 1031 tax code with regards to like-kind exchanges of investment properties.
Want to invest in a meaningful project in your home state? In the spring of 2018, the U.S. Department of the Treasury and the IRS designated opportunity zones in several US states. New investments in these areas will be able to get preferential tax treatment. In other words, you and your community will both benefit! […]