[Dee L Graber]

Dee L Graber

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In this case, the rumor mill is the Washington Post, aka WaPo, which has a long history of running stories to make Donald Trump, the Tea Party group, or conservatives in general look bad. Whether this story falls into that category or whether there’s some real likelihood of 1031 exchanges being badly restricted or outright eliminated seems highly unsettled. Here’s the article:

https://www.washingtonpost.com/realestate/republicans-may-change-tax-code-to-make-property-swaps-less-attractive/2017/01/23/c9f9a688-e189-11e6-a453-19ec4b3d09ba_story.html

The problem is that when major media “forecasting” becomes indistinguishable from gypsy fortune telling, it might be wise to keep one’s skeptic’s hat handy.

–Dee

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