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RealShare tax panelists From left: Jason Salmon, Mark Baran, Steven P. Katkov, Marc Wieder

NEW YORK CITY—With tax returns due on Tuesday, April 17, real estate investors are carefully reviewing specific provisions of the new tax law. The RealShare Net Lease Conference in the Park Lane Hotel on April 4-5 in New York City included a session “Breathe Easy: The 1031 Update – Post Tax Reform.”

During the tax reform process, investors were wary that the law would eliminate or whittle down Section 1031 like-kind exchanges to raise revenue to offset other tax reductions. The law ultimately preserved 1031 exchanges for real estate but eliminated them for personal property. Moderator Mary Cunningham, president of Chicago Deferred Exchange Company asked what this meant for investors.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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