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Thank you for sharing your insight. I sell affluent residential real estate in Calabasas CA, just outside of Los Angeles , and the only item I question is the possible elimination of the1031exchange. My concern is the baby boomers that are sitting on a lot of equity, about 30% of them are close to free and clear. And it makes the property Un marketable, the taxes will be prohibitive. It will put someone of companies out of business too, specifically the accomidarors
Does anyone else have any thoughts on this! Please chime in. @1AptBroker. Www. 818homes4sale.com NuritPetri@Gmail.com