PRESS ROOMMEDIA COVERAGE ARCHIVE
Short-term Thinking: Why the Commercial Real Estate Economy Will Not Recover if 1031 Exchanges Are Capped
NJBiz August 9, 2021An essential tool in the rebuilding of our American economy, the 1031 exchange, is at serious risk as part of the $1.8 trillion American Families Plan being considered in Washington — and the damage will be felt in every state, city and town still reeling from the ravages of COVID-19. Daniel Wagner, senior vice president of government relations for The Inland Real Estate Group, LLC, shares why the proposed changes would cause economic stagnation, not recovery.
Read More >Opinion: Capping 1031 Exchanges Is a Recipe for Stagnation in Commercial Property Redevelopment
Times of San Diego August 5, 2021An essential tool in the rebuilding of our American economy, the 1031 exchange, is at serious risk as part of the $1.8 trillion American Families Plan being considered in Washington — and the damage will be felt in every state, city and town still reeling from the ravages of COVID-19. Daniel Wagner, senior vice president of government relations for The Inland Real Estate Group, LLC, shares why the proposed changes would cause economic stagnation, not recovery.
Read More >Danger in Plan to Eliminate 1031s
San Fernando Valley Business Journal August 2, 2021Daniel Wagner, senior vice president of government relations for The Inland Real Estate Group, LLC, shares how the Biden Administration’s plan to eliminate the ability to defer taxes on property gains over $500,000 from like-kind exchanges of real estate, which is granted under Section 1031 of the Internal Revenue Code, will cripple commercial redevelopment at a time when our communities need that investment more than ever.
Read More >The Juice Isn’t Worth the Squeeze
REALTOR Magazine July 22, 2021When President Joe Biden released his $1.8 trillion American Families Plan in April, one of the ways he proposed to pay for the increased federal spending was to limit the Internal Revenue Code Section 1031 like-kind exchange deferral amount to $500,000. Daniel Wagner, senior vice president of government relations for The Inland Real Estate Group, LLC, shares why the change would cost the government more than it would save.
Read More >Chicago CEOs You Should Know
iHeartMedia Chicago July 13, 2021Keith Lampi, president and chief operating officer of Inland Private Capital Corporation, shares his insights into the history of IPC, being a leader in the 1031 industry and how Section 1031 is a vital tax tool that can drive economic development and more during iHeartMedia's Chicago "CEOs You Should Know" podcast. Listen to the full podcast by clicking the headline above.
Read More >Our View: Danger Lurking in Biden Plan to Eliminate or Cap 1031 Exchange Investments
Phoenix Business Journal July 2, 2021In this guest column featuring Daniel Wagner, senior vice president of government relations at The Inland Real Estate Group, LLC, a pair of real estate professionals argue against a measure in President Biden's American Families Plan that could eliminate or cap so-called 1031 exchange investments, which allows investors to defer taxes on the sale of a property if the proceeds are used to buy a similar property.
Read More >Don't Break This Important Tool in a Real Estate Developers' Toolkit
Crain's Chicago Business June 8, 2021Daniel Wagner, senior vice president of government relations at The Inland Real Estate Group, LLC, shares insight on why the Biden administration's plan to cap the 1031 exchange program is a recipe for economic stagnation, not recovery.
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