Insights by Fortitude Investment Group

The Next Administration & 1031 Exchanges

Written by Daniel Raupp | Nov 13, 2024 3:00:00 PM

As the dust settles from the recent election, there’s a sense of relief within the real estate sector regarding the fate of the 1031 Exchange. Over recent years, this valuable tool for real estate investors has faced scrutiny, with some policymakers advocating changes that would significantly impact its benefits. However, with a Trump Administration, we can feel a greater sense of confidence that the 1031 Exchange will not only be preserved but could even be strengthened as part of a broader pro-growth agenda.

The 1031 Exchange, a staple in the Internal Revenue Code since 1921, enables investors to defer capital gains taxes when selling and reinvesting in like-kind properties. This process fuels reinvestment, job creation, and economic development, all of which align with pro-business policies. The recent election result signals a continuation of policies focused on economic growth, reduced regulatory burdens, and favorable tax treatments for investors—values that have consistently been central to the new administration. Given the President-Elect’s background in real estate, it’s likely that he recognizes the 1031 Exchange as a fundamental tool for stimulating property transactions and bolstering the real estate market.

The 1031 Exchange is essential for many investors, not only because it helps with deferring capital gains taxes but also because it creates a more dynamic market. By allowing capital to flow more freely, investors can move their assets to more profitable opportunities, whether it’s upgrading to a better property, diversifying portfolios, or expanding investments across different regions. All of this spurs more growth, employment, and economic vitality within the market.

Moreover, with Trump administration known for its inclination towards deregulation, we could see more investor-friendly policies that make real estate transactions even more accessible. These conditions signal a favorable environment for those considering real estate investments or exchanges, as they will likely continue benefiting from stable and supportive policies.

As real estate investors look ahead, the clarity on the 1031 Exchange provides significant peace of mind, especially for those actively involved in buying, selling, or developing properties. Real estate transactions may pick up momentum with this renewed confidence, as investors feel reassured that the policy landscape is stable and encouraging. We believe that this New Administration will create a real estate market that is primed to remain a robust and lucrative environment for transactions—an ideal time for investors to take action and leverage opportunities in the market.

The market looks positive, and for those considering utilizing the 1031 Exchange, now is a fantastic time to capitalize on this confidence and momentum.

Interested in more info on 1031 Exchanges? Check out our Resources page today! 

Disclosures:

This is for informational purposes only and does not constitute an offer to purchase or sell securitized real estate investments. Such offers are only made through the sponsors Private Placement Memorandum (PPM) which is solely available to accredited investors and accredited entities. This material is not to be interpreted as tax or legal advice. Please speak with your own tax and legal advisors for advice/guidance regarding your particular situation. There are material risks associated with investing in private placements, Delaware Statutory Trusts ("DSTs") and real estate securities including the potential loss of the entire investment principal, illiquidity, tenant vacancies impacting income and revenue, general and real estate market conditions, lack of operating history, interest rate risks, competition, including the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with multi-family properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long hold periods, and investors should read the PPM carefully before investing paying special attention to the risk section.  Risks associated with 1031 exchange- A 1031 exchange has an identification period of 45 days from the sale of the relinquished property to identify a potential replacement property or properties depending on the value of the previous property. To defer all capital gains tax, you must reinvest the entire net proceeds from the sale of the relinquished property into the replacement property and acquire debt on the new property that is equal to or greater than the debt on the property that was just sold and relinquished.