INSIGHTS ON SECTION 1031 EXCHANGE CAP PROPOSAL

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August 02, 2024
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A look at the proposed changes to Section 1031 Exchanges that could have significant implications for tax-deferred changes

EPISODE 105 OF THE SALE RING PODCAST: INSIGHTS ON SECTION 1031 EXCHANGE CAP PROPOSAL

In the latest episode of The Sale Ring Podcast, we dive into the proposed changes to Section 1031 Exchanges that could have significant implications for tax-deferred changes. The current elected officials have suggested a cap of $500,000 per person, a move that might alter the landscape of tax incentives if it comes into effect.

Our guest, Greg Schowe from Asset Preservation Inc., provides an in-depth look at the current considerations for IRS Section 1031 Exchanges and offers his perspective on what the future might hold. This discussion is particularly timely as we approach a critical presidential election, with many experts believing that its outcome could determine the fate of the remaining tax incentives in our country.

Beyond Section 1031, we also explore the concept of Reverse Exchanges and other legal advantages such as Section 121. Greg’s expertise sheds light on how these strategies can be utilized effectively within the current regulatory framework.

Don’t miss out on this enlightening episode—tune in to gain valuable insights and stay informed about potential changes that could impact your financial strategies.

Click Here to listen to Episode 105 of The Sale Ring Podcast now!

Stay tuned for more expert tips and industry insights from The Sale Ring Podcast or Subscribe to The Sale Ring Podcast show (FOR FREE!!) at www.thesalering.com or on any of your favorite listening aps!