IRC Section 163(j): Another Cost of Leveraging an AcquisitionRuffner, William GTighe, Michael J
Reg. Section 1.704-1(b)(4)(xi) was added to confirm that the allocation of excess IRC Section 163(j) items will be deemed in accordance with the partners' interests in the partnership. Implications: While partnerships that allocate all items of economic and tax income and expense...
The Real Estate Trade or Business Exception from IRC Section 163(j)Keinan, YoramCPA Journal