HFO-TV: Are 1031 Exchanges Going Away? [Likely no, see note]

HFO-TV: Are 1031 Exchanges Going Away? [Likely no, see note]

10/27/15 UPDATE: David Moore reported to our offices that he had spoken with Senator Wyden’s office and the possibility of changing the 1031 laws until 2017 at the earliest appear to be headed nowhere.

Since our interview in March

David Moore discusses possible national changes in Section 1031 like-kind exchanges.

Summary: Both parties of Congress are proposing to end the 1031 exchange program and the Administration is proposing to limit exemption to the first $1 million. But how likely is this to happen and what should you do about it?