Anvers Capital Partners - Commercial Real Estate转发了
?? URGENT CALL TO ACTION ?? The Biden administration's FY 2025 Budget proposes significant changes to IRC Section 1031 like-kind exchanges, which could cap these benefits at $500,000. Implementing restrictions on Section 1031 like-kind exchanges could have profound implications across the economy. These exchanges are not merely transactional mechanisms; they are pivotal in maintaining liquidity in the real estate market, enabling reinvestment, and facilitating the efficient reallocation of resources across sectors. A cap on these exchanges could stifle the flexibility needed for timely and strategic property upgrades and investments, which are essential for business growth and urban development. This could lead to a slowdown in economic activity, reduced property values, and decreased local and federal tax revenues, ultimately affecting the broader economic landscape. Preserving 1031 exchanges is crucial not just for real estate professionals but for the broader economy. I urge everyone in my network to voice your support for this vital provision. Please take a moment to express your support to your congress members by signing the petition at the Federation of Exchange Accommodators. Let’s ensure our voices are heard and protect the mechanisms that support our economic stability! Please click the link below and take action now. ?? https://lnkd.in/g54RHfdB #RealEstate #EconomicGrowth #Investment #1031Exchange #BusinessDevelopment #2025budget