Is 1031 All Done?
The 1031 is a tax benefit that allows an investor to defer capital gains tax from a sale by investing the money in a similar type of property. This investment tool has kept the commercial real estate market hot, but faces elimination under President Biden's tax plan, which has many in the industry concerned. Sidebar lists some recent 1031 exchanges.
Milliken, Maureen, "Is 1031 All Done?" (2021). Maine News Index – MaineBiz. 7946.