The Real Estate Roundtable, campaigning to dissuade Congress from abolishing a stipulation under the U.S. tax code that’s critical to the real estate market, has some new ammunition in its arsenal. The organization has just come out in support of “The Economic Impact of Repealing or Limiting Section 1031 Like-Kind Exchanges in Real Estate,” a new study detailing the benefits of retaining the provision and the negative consequences of eliminating it.
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