And he wants to raise capital gains tax too. When you combine higher capital gains tax with no 1031, it will make it tough to be an investor UNLESS you don’t own anything. If you just control real estate with options or with a master lease it will be much better.
With so many people unemployed and so many businesses going under, it will cause some serious problems in the US. but problems create opportunities. You just need to know how to solve real estate problems and how to avoid costly mistakes. That’s where the training at cashflowdepot comes in!
Prices are TOO high now. They will come down a LOT in 2021. So get ready.