Inland Real Estate Group Senior Vice President of Government Relations Dan Wagner was recognized by the Federation of Exchange Accommodators for his advocacy of 1031 like-kind exchanges.
The FEA is the national trade association for 1031 exchanges and honored Wagner for his work preserving and promoting IRS Code Section 1031 like-kind exchanges. The tax strategy allows real estate investors to defer capital gains taxes when selling investment properties if they use the sale proceeds to acquire a similar investment property within a certain period.
“In every Congress, regardless of party, they look to make changes in the tax code — often to Section 1031,” said John Wunderlich, president of IPX 1031. “The educational process around the 1031 never ends, and Dan’s partnership with our organization is invaluable as we prepare for the next election cycle.”
As SVP of government relations, Wagner serves on numerous real estate industry and governmental boards and committees and was part of the Real Estate Roundtable’s 1031 Like-Kind Exchange Coalition, which advocates for the preservation of the 1031 like-kind exchange in U.S. tax law.
“The FEA’s Government Affairs Committee is pleased to recognize Dan for his effectiveness in connecting the FEA to other real estate organizations in building our coalition to defend Section 1031 over the last nine years,” FEA President Craig Brown said. “He has worked continuously and tirelessly to provide support, education and build lasting partnerships in the 1031 industry.”
