Tell Your Congressional Representatives to Preserve the 1031 Exchange
Tell your elected representatives not to raise the tax bills for America's family farms, small businesses, and retirement savers. Congress is deciding now whether to overhaul tax rules to severely limit the benefits of 1031 like-kind exchanges, which have encouraged investment in land and property, supporting the American economy for nearly a century. The severe limitations proposed for 1031 exchanges would prevent many hardworking Americans from preserving capital and income that they depend on.
Use this form to quickly send an email to your representatives in the U.S. Congress and let them know that you stand with these hard working Americans and their families in opposing this tax threat.
Like-kind exchange rules would support $4.4 billion of investment at businesses that make use of the like-kind exchange rules, which together with their US suppliers, and the related US consumer spending, would employ an estimated 568,000 workers earning $27.5 billion in wages and benefits and would contribute to generating $55.3 billion in US value added in 2021.