Americans Build Value
with Section 1031 Like-Kind Exchanges
Since 1921, Section 1031 like-kind exchanges have stimulated capital investment in the United States by allowing funds to be fully reinvested in the enterprise. A broad-spectrum of American taxpayers use Section 1031 to expand businesses, invest for the future, and repurpose real estate for its highest and best use.
Tell your Member of Congress
Perspective: Section 1031 Talking Points
Infographic: EY Study: Economic Contribution of Like-Kind Exchange Rules in 2021
Infographic: Section 1031: Sustaining American Businesses During Economic Uncertainty
Perspective: Like-Kind Exchanges Promoting Economic Growth
Letter: 1031 Coalition Letter About Importance of Like-Kind Exchanges
Whitepaper: FEA Impact of IRC 1031 on the Economy
Whitepaper: FEA Legislative History of 1031
Section 1031 Activity
SIOR: PRESERVING THE 1031 NOW AND FOR THE FUTURE
Tax Notes: The 1921 Like-Kind Exchange Policy Still Makes Sense
FEA and Real Estate Coalition Urge Congressional Tax Writers to Consider Importance of 1031 in Budget Reconciliation Discussions
FEA Comment on President Biden’s Proposal to Cap Like-Kind Exchanges to Pay for American Families Plan
Preserving Section 1031
President Biden’s proposed $500,000 cap on Section 1031 like-kind exchanges would effectively eliminate commercial real estate exchanges, as well as larger farm and ranch exchanges.
Due to the COVID-19 pandemic, a significant percentage of hotel, retail and office property throughout the country may need to be repurposed. Larger investors are critical to revitalizing and renovating commercial real estate in a post-pandemic economy.
Recent economic impact studies concluded that like-kind exchanges are a powerful stimulant of transactional activity that will create 976,000 jobs, including $48.6 billion of labor income and a total of $97.4 billion of value added to the U.S. economy.
Study: EY Macroeconomic Study (2022): “Economic Contribution Of The Like-Kind Exchange Rules To The US Economy in 2021”
Study: “The Tax And Economic Impacts Of Section 1031 Like-Kind Exchanges In Real Estate,” Ling & Petrova, 2020