Ernst & Young 1031 Economic Study Updated

A November 2015 revised version of the EY macro-economic study, “Economic Impact of Repealing Section 1031 Like-Kind Exchanges” is now available. Upon further review of recently released micro-economic data, it was determined that the impact on GDP supported by the 10 industries most affected by a repeal of Section 1031 is even greater than initially projected. While the macro-economic numbers remain unchanged, with an $8.1 billion loss to the overall economy, GDP supported by real estate, vehicle / equipment leasing and rental, truck transportation, construction, and 6 other industries would contract by $27.5 billion each year.

 

Download and review the revised version of the study, synopsis and info-graphic at:

www.1031taxreform.com/1031economics

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