Real Estate Taxation: A Practitioner's Guide |
From inside the book
Results 1-3 of 71
Page 6
... adjusted basis of $ 100,000 . If the building is sold for its market value , the owner reports a gain of $ 150,000 , that is , the difference between the amount realized on the sale and the basis of the property at the time of the sale ...
... adjusted basis of $ 100,000 . If the building is sold for its market value , the owner reports a gain of $ 150,000 , that is , the difference between the amount realized on the sale and the basis of the property at the time of the sale ...
Page 53
... basis of a partnership interest acquired by a contribution of money or property to the partnership is the amount of money contrib- uted plus the adjusted basis to the partner at the time of the contribu- tion of any other property . If ...
... basis of a partnership interest acquired by a contribution of money or property to the partnership is the amount of money contrib- uted plus the adjusted basis to the partner at the time of the contribu- tion of any other property . If ...
Page 54
... adjusted basis of the property . If liabilities assumed by the other partners exceed the adjusted basis , however , the contributing partner realizes income to the extent that the liabilities assumed by the other partners exceed the ...
... adjusted basis of the property . If liabilities assumed by the other partners exceed the adjusted basis , however , the contributing partner realizes income to the extent that the liabilities assumed by the other partners exceed the ...
Contents
THE ACQUISITION TRANSACTION | 5 |
FORM OF OWNERSHIP | 39 |
FINANCING REAL ESTATE | 81 |
Copyright | |
24 other sections not shown
Other editions - View all
Common terms and phrases
accrual acquired adjusted basis allocated alternative minimum tax amortization amount realized assets building buyer capital gain cash method CCH Dec Code Sec computing construction corporation Court debt depreciation deductions determined discussed election entity Example exchange expenses fair market value financing gain or loss gift gift tax gross income held improvements incurred individual installment obligation investment land lease acquisition costs lessee lessor liability like-kind limited partnership loan loss rules low-income housing ment Mid-Month Convention mortgage nonrecourse ordinary income owner ownership paid partner passive activity loss passive income payments percent placed in service portion purchase price qualified real estate real property tax recapture received recovery period rehabilitation rent residence S.Ct sale-leaseback seller shareholders sold spouse T.C. Memo tax purposes tax-exempt taxable income Temp tenant term tion trade or business transaction transfer treated USTC