NAR Support Letter to Representative González-Colón Regarding HR 5430 The Puerto Rico Real Estate Exchange Act
Issue Date: April 11, 2018
US HR 5430 - Puerto Rico Real Estate Exchange Act
On April 11, 2018 NAR sent a letter to Representative González-Colón. The letter thanks the Representative for introducing H.R. 5430, The Puerto Rico Real Estate Exchange Act, which would extend like-kind exchange tax treatment between real property in Puerto Rico and the rest of the United States. This provision will create an important incentive for economic investment on the island.