Part 6/7:
The Role of Real Estate in Tax Discourse
Interestingly, Trump's administration seems less inclined to tackle the 1031 exchange rules that allow deferred taxes on real estate transactions. Critics have voiced concerns over the inconsistencies in tax policy, particularly how certain provisions remain untouched, while others face scrutiny.
Real estate, unlike carried interest, presents compelling arguments for preserving tax incentives due to its substantial economic impact—creating jobs and revitalizing communities through new developments. Hence, any proposals aiming to eliminate tax incentives should consider the tangible positive outcomes associated with real estate investment.