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Message
Posted on 11/15/20 at 12:09 pm to jimbeam
Biden to End 1031 “Like-Kind” Exchanges?
frick biden. no real investors or serious tax payers voted for this CHICOM sellout except those with severe TDS.
need to cut his nuts on anything real estate related.
you cut the 1031 then you are stuck with depreciation recapture and capital gains taxes.
Biden’s Radical Capital Gains Tax Increase
only left wing economic idiots cannot understand this
These capital gains taxes COULD affect some flippers also. depending if flipped within a year or after a year.
frick biden. no real investors or serious tax payers voted for this CHICOM sellout except those with severe TDS.
need to cut his nuts on anything real estate related.
you cut the 1031 then you are stuck with depreciation recapture and capital gains taxes.
Biden’s Radical Capital Gains Tax Increase
quote:
He says that the increases would be just for high earners, but his proposals would hit all of us by damaging investment, entrepreneurship and job opportunities.
quote:
A capital gains tax increase would harm investment in start-?up and growth companies, and it would undermine entrepreneurship. Another loser would be state governments.
only left wing economic idiots cannot understand this
These capital gains taxes COULD affect some flippers also. depending if flipped within a year or after a year.
This post was edited on 11/15/20 at 12:14 pm
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