Policy Issues

Broad Business Coalition Highlight the Economic, Social, and Environmental Benefits of Like-Kind Exchanges

March 15, 2021

View Congressional Letter 

View Treasury Letter

The Real Estate Roundtable, along with 30 other national real estate, housing, environmental, farming, ranching, forestry, and financial services-related organizations, wrote to key policymakers on March 16 to underscore the vital importance of real estate like-kind exchanges.

The letters to Treasury Secretary Yellen and the chairmen and ranking members of the congressional tax-writing committees underscore the many benefits of like-kind exchanges to the U.S. economy, the health of real estate markets, the supply of housing, retirement security, environmental conservation, and the preservation of family-owned farms and ranches.  


The coalition letter describes how like-kind exchanges under section 1031 of the tax code helped stabilize property markets at the height of the COVID-19 lockdown, and will continue to facilitate repurposing of real estate assets in the post-COVID economy.