Biden 1031 Exchange Elimination 2022 For Real Estate Industry 

Joe Biden has talked about eliminating the 1031 exchange tax deferral tool in the real estate industry. This Biden 1031 Exchange Elimination could cost the United States of America economy billions of dollars. What does a Joe Biden 1031 Exchange Elimination for you as a real estate rental property owner? If there is going to be a Biden 1031 Exchange Elimination, your deferral of capital gains tax could be eliminated. There are some rules to the Biden 1031 Exchange Elimination that we will cover in the next paragraphs. If you are concerned about the Biden 1031 Exchange Elimination, then we advise you to sell your rental property real estate as soon as possible. There is a chance the elimination of the 1031 exchange might not happen. If the Biden 1031 Exchange Elimination does go forward, it will take some time to pass into law. This is why we advise you to sell your rental real estate and utilize the 1031 exchange DST (Delaware Statutory Trust) to defer your capital gains tax, receive passive monthly income, and participate in the appreciation of the DST 1031 properties. If you are considering selling a rental property, and would like to learn more about the Biden 1031 Exchange Elimination and how the DST (Delaware Statutory Trust) can help you, please call our office directly - 805-583-2720 or fill out the form below and we would be happy to provide you a FREE consultation before the 1031 exchange gets eliminated in 2022! 

Joe Biden 1031 Exchange Elimination 2022 - How The DST (Delaware Statutory Trust) Can Help

If Joe Biden 1031 Exchange Elimination 2022 comes to fruition, then you would be subject to pay the entire capital gains tax on the sale of your rental property. Not only does the Biden 1031 Exchange Elimination reduce your total investment to pay the Government, this means your options are limited, if not eliminated. The 1031 exchange rule is written into the IRS tax code. It has been a tax law that has been in place for a long time. It is a great tool to defer your capital gains tax into like kind real estate properties, or into the DST (Delaware Statutory Trust) to defer your capital gains tax. This allows real estate investors to put money back into the real estate economy. A Biden 1031 Exchange Elimination is proposed to pay for his childcare and eldercare program that has a $775 billion dollar price tag. The Biden 1031 Exchange Elimination would cost the American economy billions of dollars in GDP. It is estimated that the Joe Biden 1031 Exchange Elimination would have a tax windfall of $8.1B in GDP per year, or a .04% reduction. Investments were to be reduced by $7 billion and the labor income sector is expected to fall by $1.4B. The Biden 1031 Exchange Elimination would be a costly mistake! If you own a rental property, and concerned about the Biden 1031 Exchange Elimination 2022, then we advise you to look into the 1031 exchange DST (Delaware Statutory Trust) and sell your rental property ASAP. The 1031 exchange DST (Delaware Statutory Trust) will defer your capital gains tax, provide you passive monthly income, and allow you to gain appreciation on your DST investment into a pool of DST properties. If you have more questions about the Biden 1031 Exchange Elimination, or would like to learn more about the 1031 exchange DST (Delaware Statutory Trust) please call our office directly - 805-583-2720- or fill out the form below and we would be happy to give you a FREE consolation before the 1031 exchange gets eliminated! If you would like to visit the Winthco Wealth Management office in person, you can do so at - 1871 Tapo St. Simi Valley California 93063.

Biden 1031 Exchange Elimination 2022 - What To Expect When Eliminated - Act Quickly 

The Biden 1031 Exchange Elimination proposal would eliminate the IRS 1031 exchange rule if you make more than $400,000 per year. If you are a real estate investor, you most likely make more than $400,000 per year with your real estate investments. If you make less than $400,000 and own real estate investment properties, you might be in the clear. This is not to say when Joe Biden gets into office, that this stipulation could change, or be revised. The Biden 1031 Exchange Elimination rule of making more than $400,000 per year could be changed or lowered. If the Biden 1031 Exchange Elimination is a concern to you, we would advise you to sell your rental properties before this could be put into law. Once you sell your rental property, we can utilize the DST (1031 Delaware Statutory Trust) to defer your capital gains tax, and provide you passive monthly income. The 1031 exchange DST is a great tool if you do not want to continue to be a landlord of physical property anymore. If you a ready to ditch the physical real estate and 1031 exchange into a DST and become a passive investor, then we are a perfect fit for you! We work with the largest DST sponsors in the US and can help you defer your capital gains tax while providing you passive monthly income. If you are ready to learn more about the 1031 exchange DST (Delaware Statutory Trust) then fill out the form below, or call our office directly 805-583-2720 and we would be happy to give you a FREE consultation on your real estate sale! before the 1031 exchange gets eliminated!!! If you would like to visit the Winthco Wealth Management office in person, you can do so at - 1871 Tapo St. Simi Valley California 93063. Act now before Biden 1031 exchange be eliminated in 2022 and you will no longer be eligible to do an exchange for your rental property. 

*Disclosure:

This website is neither an offer to sell nor a solicitation of an offer to buy any security which can be made only by a prospectus, or offering memorandum, which has been filed or registered with appropriate state and federal regulatory agencies, and sold only by broker dealers and registered investment advisors authorized to do so.

Additionally, we cannot offer any of our open offerings unless we have a pre-existing relationship with a customer.  Once we have obtained sufficient information to perform an evaluation of our new customers’ financial circumstances and sophistication in determining his or her status as an accredited investor, we would be able to discuss future offerings once they become available.