---
title: Section 1031 Proposed Regulations Including Shortcomings
date: 2020-07-13T00:00:00-04:00
author: Import Bot
canonical_url: "https://www.kelleydrye.com/viewpoints/articles/section-1031-proposed-regulations-including-shortcomings"
section: Articles
---
# Section 1031 Proposed Regulations Including Shortcomings

  July 13, 2020

Tax Notes

 

 

 

 

 

 

On June 11, 2020, the IRS issued proposed regulations that define the term ​“real property” for purposes of section 1031 of the Internal Revenue Code. This article, co-authored by Kelley Drye Tax partners [Jack J. Miles](/Our-People/Jack-J-Miles) and [Andrew H. Lee](/Our-People/Andrew-H-Lee), explains how the proposed regulations defining real property under section 1031 provides welcome guidance for like-kind exchanges, while also highlighting several flaws.

[Click here](https://s3.us-east-1.amazonaws.com/cdn.kelleydrye.com/content/uploads/viewpoints/Federal-Tax-Notes_Section-1031-Proposed-Regulations-Including-Shortcomings_7-13-20_Jack-Miles-and-Andrew-Lee.pdf) to read full article.

 

 

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