Archive for December 27th, 2009
Like-kind exchanges either followed or preceded by a nontaxable transfer to or from an entity.: An article from: The Tax Adviser
Product Description
This digital document is an article from The Tax Adviser, published by American Institute of CPA’s on August 1, 1998. The length of the article is 1484 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: The IRS in Technical Advice Memorandum 9818003 ruled on the issue of IRC like-kind exchange section 1031 applicability where tax-free transfers to or from entities precede or follow like-kind exchanges. The IRS ruled invalid an exchange involving a partnership relinquishing property and partners receiving the property because the parties were not the same as statutorily required. Complicated tax planning using section 1031 may result in worthwhile tax savings.
Citation Details
Title: Like-kind exchanges either followed or preceded by a nontaxable transfer to or from an entity.
Author: Walter R., Jr. Miller
Publication: The Tax Adviser (Magazine/Journal)
Date: August 1, 1998
Publisher: American Institute of CPA’s
Volume: 29 Issue: n8 Page: 532(3)
Distributed by Thomson Gale
Like-kind exchanges either followed or preceded by a nontaxable transfer to or from an entity.: An article from: The Tax Adviser