<p>What brings farmers, small business owners, and legislators together to speak out about tax reform? Like-kind exchanges do.</p>

<p>In this week's round-up of 1031 news, Judd Vande Voorte, a fifth generation farmer, calls like-kind exchanges <a href="http://www.thegazette.com/subject/opinion/guest-columnists/encouraging-…; target="_blank">"a continuous circle of economic stimulus and liquidity"</a> and cites a recent study showing that like-kind exchange repeal would shrink overall U.S. GDP by $61 billion to $131 billion over the next ten years. Ben Mattlin, in his <em>Financial Advisor </em>article, quotes one estimate that shows like-kind exchange repeal could raise $41 billion in tax revenue within 10 years but is also quick to point out the long-term negative consequences to the U.S. economy. Carrie Roider, CEO of Erb Equipment, a John Deere distributor, calls like-kind exchanges "a win-win for the country." And don't miss Representative Steve Stivers' support of like-kind exchanges in <em>The Hill</em>.</p>

<p>Help the economy by keeping the like-kind exchange - <em>St. Louis Post-Dispatch</em></p>

<p><a href="http://www.thegazette.com/subject/opinion/guest-columnists/encouraging-… small business growth and paying taxes</a> - <em>The Gazette</em></p>

<p><a href="http://thehill.com/blogs/congress-blog/economy-budget/340000-to-keep-in… keep investment dollars flowing, protect this incentive.</a> - <em>The Hill</em></p>

<p>1031 'Like-Kind' Exchanges Are Under Fire. Again - <em>Financial Advisor</em></p>

<p><a href="http://thehill.com/blogs/congress-blog/economy-budget/340000-to-keep-in…; target="_blank">In an op-ed in <em>The Hill</em></a>, Representative Steve Stivers (R-Ohio) called for the preservation of 1031 like-kind exchanges. Stivers, a member of the Financial Services Committee, called Section 1031 an "important tax benefit," citing the tax provision's value to the community and the economy and stating the importance that it be kept out of the crosshairs of tax reform.</p>

<p><a href="http://thehill.com/blogs/congress-blog/economy-budget/340000-to-keep-in…; target="_blank">Read "To keep investment dollars flowing, protect this incentive" in <em>The Hill</em>.</a></p>

<p>&nbsp;</p>

<p>Last week we heard a chorus of voices from around the web urging the preservation of like-kind exchanges in any forthcoming tax reform. Graniterock CFO Steve Snodgrass characterized the unprecedented cross-industry support this way:&nbsp; "Rarely do the interests of small businesses owners, construction equipment intensive businesses and a broad range of local entrepreneurs agree with almost a century of federal income tax policy — especially when it results in billions of dollars in taxes being paid. But fortunately for the economy, they do."</p>

<p><a href="https://chicagoagentmagazine.com/2017/06/23/trump-tax-plan-targets-loop…; target="_blank">Trump tax plan targets loophole that spurs property investment, critics say</a> – <i>Chicago Agent Magazine</i></p>

<p><a href="http://www.bizjournals.com/stlouis/news/2017/06/23/commentary-help-the-…; target="_blank">Commentary: Help the American economy: Keep the like-kind exchange</a> – <i>St. Louis Business Journal</i></p>

<p><a href="http://www.santacruzsentinel.com/opinion/20170617/steve-snodgrass-encou…; target="_blank">Steve Snodgrass: Encouraging small business growth — and paying taxes</a> – <i>Santa Cruz Sentinel</i></p>

<p><a href="http://www.hotelmanagement.net/transactions/potential-end-1031-exchange…; target="_blank">Potential end of 1031 exchange provision could impact hotel transactions</a> – <i>Hotel Management</i></p>

<p><a href="https://therealdeal.com/2017/06/13/popular-re-tax-break-1031-exchange-m…; target="_blank">Popular RE tax break 1031 exchange may be wiped out</a> – <i>The Real Deal</i></p>

<p>Is it possible for a property seller to finance the buyer when completing a like-kind exchange? The answer is yes but only under certain conditions. Such factors include the time period of the seller's loan, the potential of a cash loan from the seller to the buyer, and the use of a qualified intermediary as the loan recipient.</p>

<p>Want to see more short videos on 1031 topics? <a href="https://www.youtube.com/c/Accruit&quot; target="_blank">Subscribe to our YouTube channel</a>!</p>
<style type="text/css">.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }
</style>
<!--<div class="embed-container"><iframe allowfullscreen="" frameborder="0" src="https://www.youtube.com/embed/6owXbTA8qGs"></iframe></div>--&gt;

<p>Join us at the <a href="http://www.cvent.com/events/suburban-chicago-commercial-real-estate-for…; target="_blank">Suburban Chicago Commercial Real Estate Forum</a> on Wednesday, June 7 at the Inland Real Estate Campus in Oak Brook, IL.</p>

<p>Accruit CEO Brent Abrahm will be speaking about the House Republican Tax Reform Blueprint and its potential impact to like-kind exchanges. Speakers will also include George Relias, Partner, Relias &amp; Tsonis, LLC, Alison Hastings, Vice President, Inland Valuation &amp; Advisory, LLC, John Carpenter, President &amp; CEO, Choose DuPage,&nbsp; Brandon Frankel, Sr. Market Analyst, CoStar Group and Valentina Tomov, President and CEO of the Greater Oak Brook Chamber of Commerce.</p>

<p><a href="http://www.cvent.com/events/suburban-chicago-commercial-real-estate-for…; target="_blank">See the event agenda and register here.</a></p>

<p>Executives from Equipment Leasing and Finance Association (ELFA) member companies will convene in Washington, D.C. on May 17 and 18 to educate members of Congress and select White House administration officials about the contributions that the equipment finance industry makes to the United States economy. Over the course of two days, ELFA members will have more than 150 meetings with Senate and House offices and executive branch agencies to advocate in issues affecting the equiopment leasing and finance industry.</p>

<p>As ELFA members, Accruit CEO Brent Abrahm will attend along with PwC partner Randa Barsoum to meet with legislators around matters specific to the preservation of 1031 like-kind exchanges and their benefit to the industry and the economy.</p>

<p><a href="https://www.elfaonline.org/news/industry-news/read/2017/05/04/elfa-memb…; target="_blank">Learn more about Capitol Connections 2017 at the ELFA website.</a></p>