This
digital document is an
article from The Tax Adviser,
published by
American Institute of CPA's on March 1, 1998. The length of the
article is 2917 words. The page length shown above is based on a
typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Nonrecognition of gain on multiple property like-kind exchanges under IRC section 1031 is possible despite the complex deterrent IRS rules under regulation section 1.1031(j)-1. The rules divide properties into exchange groups where rules of apportionment of gain, loss, and liabilities work against section 1031's purpose of nonrecognition. The rules do not clarify how section 1245 recapture of depreciation is to be apportioned.
Citation DetailsTitle: Do the mulitple-property like-kind exchange regs. thwart Sec. 1031's intent? (IRS regulations, Internal Revenue Code section 1031)
Author: Jason J. Parr
Publication:The Tax Adviser (Magazine/Journal)
Date: March 1, 1998
Publisher: American Institute of CPA's
Volume: 29
Issue: n3
Page: 162(4)
Distributed by Thomson Gale.
Price:
$5.95
[
Notify me when price goes down.]