NAR Coalition Letter to the Clinton and Trump Presidential Campaigns Supporting 1031 Like Kind Exchange
Issue Date: September 16, 2016
On September 9th and 16th, NAR as part of a coalition sent a letter to the Clinton and Trump campaigns pespectively The signatories strongly supported leveling the playing field for small businesses and entrepreneurs, rewarding businesses that invest in jobs in the United States, and promoting conservation and collaborative stewardship of parks and public lands. Like-kind exchanges are a powerful tool that accelerates domestic investment and broad-based job growth, while also contributing to critical land conservation efforts. As you continue to roll out your economic policy initiatives, we urge you preserve the tax law’s longstanding treatment of like-kind exchanges.