Election May Cause Investing Crisis
Monday, March 31st, 2008by Oliver TenHoeve
The upcoming presidential election has investors worried about changes in tax rates. The ability to defer capital gains taxes in a 1031 exchange has been beneficial to the U.S. economy as it encourages further capital investment. However, if the tax rates shoot up from the current 15%, investors may pull their money from the market, furthering the downturn in the housing market. The following podcast will highlight the 1031 exchange policy and its impact on the housing market.
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