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dlukton
Nomad Capitalist
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Comments by "dlukton" (@dlukton) on "Biden’s Plan to End 1031 Exchanges for Investors" video.
I could see the point of eliminating 1031 exchanges if it were done in some sort of revenue-neutral way; for example, eliminate the 1031 exchange, but then limit the capital gains tax to 10%. Of course, revenue-neutrality is the LAST thing that Biden wants.
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@billjefferson3092 The key word there being "apparently".
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It won't pass this year or next; but the next time the Dems have control of the House, the White House.... and at least 52 senate seats.... it just might.
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