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Investment & Exchange Opportunities
Investment & Exchange Opportunities

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It adds $1,500,000,000 to the deficit and threatens the 1031 exchange and interest deduction for small businesses and real estate owners, the elimination of which would result in the taxation of money never received by taxpayers—taxing Americans on "gains" they never realize and taxing us on the interest we are already paying out to big banks for money borrowed to run our businesses and pay our employees. Forecasts predict such changes would actually have crippling effect on middle and working class Americans and on the economy as a functional whole.

PLEASE send a letter to your representatives RIGHT NOW using this form: https://www.savethe1031.org/fp-cu1027/#cta
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Revenue Procedure 2002-22 lays out the guidelines by which an interest in a Tenant-in-Common (TIC) property qualifies as a replacement property in a 1031 exchange.
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"Don't be astonished at new ideas; you know it does not cease to be true because it is not accepted by many." —Jesse Livermore

http://www.triplenetgateway.com/blog/investing-quotes/jesse-livermore-on-new-ideas/

#nnn #triplenet #realestate #realestateinvesting
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