Under President Biden's April 28th tax proposals, two would affect the world of 1031 Exchange's. Under these two proposals, Section 1031 would be modified to: Eliminate the use of Section 1031 for deferring gains over $500,000. Eliminate the step-up cost basis at death. Since 1921 1031 Exchanges have been a vital part of the U.S.
It seems like everyone wants to know what it takes to live fulfilling lives, foster happier families, create and manage stronger teams, and have happier clients. And why not? Can you imagine a life where all those outcomes are a reality? The good news: There’s a way to pursue those results that research has shown