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Real Estate Exchange Fairness Act of 2021

USA117th CongressHR-1742| House 
| Updated: 3/10/2021
Jenniffer González-Colón

Jenniffer González-Colón

Republican Representative

Puerto Rico

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Real Estate Exchange Fairness Act of 2021 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.)
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Timeline

Bill from Previous Congress

HR 116-2309
Real Estate Exchange Fairness Act of 2019
Mar 10, 2021
Introduced in House
Mar 10, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-2309
    Real Estate Exchange Fairness Act of 2019


  • March 10, 2021
    Introduced in House


  • March 10, 2021
    Referred to the House Committee on Ways and Means.

Taxation

Puerto RicoReal estate businessTax administration and collection, taxpayersU.S. territories and protectorates

Real Estate Exchange Fairness Act of 2021

USA117th CongressHR-1742| House 
| Updated: 3/10/2021
Real Estate Exchange Fairness Act of 2021 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.)
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-2309
Real Estate Exchange Fairness Act of 2019
Mar 10, 2021
Introduced in House
Mar 10, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-2309
    Real Estate Exchange Fairness Act of 2019


  • March 10, 2021
    Introduced in House


  • March 10, 2021
    Referred to the House Committee on Ways and Means.
Jenniffer González-Colón

Jenniffer González-Colón

Republican Representative

Puerto Rico

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Puerto RicoReal estate businessTax administration and collection, taxpayersU.S. territories and protectorates