HOUSE 2309116th CongressReferred to the House Committee on Ways and Means.
Real Estate Exchange Fairness Act of 2019
- Last Action
- 4/12/2019
Actions
- 2019-04-12Referred to the House Committee on Ways and Means.
- 2019-04-12Introduced in House
- 2019-04-12Introduced in House
CRS Summary
As of 2019-04-12 (00)
Real Estate Exchange Fairness Act of 2019
This bill requires Puerto Rico to be treated as part of the United States for the purpose of determining if an exchange of real property qualifies as a like-kind exchange for tax purposes. (Under current law, real property located in the United States and real property located outside of the United States are not property of a like kind.)
Subjects
- Puerto Rico
- Real estate business
- Tax administration and collection, taxpayers
- U.S. territories and protectorates
Sourced from Congress.gov (public domain).
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