Real Estate Taxation: A Practitioner's Guide |
From inside the book
Results 1-3 of 55
Page 8
... Gift The basis of property acquired by gift is determined under Code Sec . 1015. The rule has undergone several changes over the years , and slightly different versions apply , depending on the date of the gift . Earlier versions of the ...
... Gift The basis of property acquired by gift is determined under Code Sec . 1015. The rule has undergone several changes over the years , and slightly different versions apply , depending on the date of the gift . Earlier versions of the ...
Page 9
... gift tax paid on the transfer . In the event that the donor's basis for the gift property exceeds the fair market value of the property at the time of the gift , a special rule limits the donee's basis to fair market value for purposes ...
... gift tax paid on the transfer . In the event that the donor's basis for the gift property exceeds the fair market value of the property at the time of the gift , a special rule limits the donee's basis to fair market value for purposes ...
Page 111
... gift loans between individuals : 1. The rules do not apply to gift loans of $ 10,000 or less , as long as the loan is not used directly or indirectly to purchase or carry income producing assets.93 2. If gift loans between the parties ...
... gift loans between individuals : 1. The rules do not apply to gift loans of $ 10,000 or less , as long as the loan is not used directly or indirectly to purchase or carry income producing assets.93 2. If gift loans between the parties ...
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