The service stated that where, under state law, water rights are real property rights, the exchange of perpetual water rights for a fee interest in land constitutes a nontaxable exchange of property of like-kind within the meaning of section 1031, provided section 1031's requirements as to ...
Additionally, certain types of property transactions may require the filing of specific sections of Form 4797. For example, if a taxpayer has exchanged property under Section 1031 of the Internal Revenue Code, they may need to complete Section C of Form 4797 to report the like-kind exchange. I...
To complete the filing process, you must order blank copies ofIRS Form 1099-SandIRS Form 1096. These forms need to be printed with a very specific type of paper and ink, and while it's possible to reproduce these documents from home, it's a lot easier just to order them from the IRS...
TCJA 包括一项过渡规则,如果在 2017 年 12 月 31 日之前出售了原始财产或收购了替换财产,则允许在 2018 年进行 1031 合格个人财产的交换。 过渡规则是特定于纳税人的,不允许在出售旧财产之前购买新财产的反向 1031 交换。 重要:公司股票或合伙权益的交换从来没有符合条件——现在仍然没有——但作为房地产共同承租...
If an exchange would be within the provisions of subsection (a), of section 1035(a), of section 1036(a), or of section 1037(a), if it were not for the fact that the property received in exchange consists not only of property permitted by such provisions to be received without the ...
Slavery, peonage, or compulsory labor for debts; all of which are prohibited by the 13th Amendment." If the government takes a portion of your labor by withholding money you rightfully earned to provide for you and your family, isn't that a form of slavery and a violation of the 13th ...
Parr, Jason J