Add to ORKGThe enactment in 1990 of the detailed rules for “applicable asset acquisitions” in I.R.C. § 10601 marked a clear tightening up of the rules governing sales and purchases of assets constituting a “trade or business.”2 Recent cases, including a Court of Appeals case in July 2013,3 have clarified how such transactions should be handled
The rapid run-up in farm and ranch real estate values in recent years has resulted in some property ...
Traditionally, a substantial amount of farm property is transferred within the family. A major issue...
The task of dividing crop bases, quotas and allotments when farms are divided and transferred is a s...
With relatively heavy use of the installment contract or contract for deed in transferring farmland,...
The rapid run-up in farm and ranch land values1 in recent years with real estate values reaching rec...
For some installment sellers, the installment obligation is viewed as an investment asset and is not...
A recent trial court decision in Iowa involving hedge-to-arrive contracts has focused attention on “...
Estate and business planning efforts often involve the sale of interests in the farm or ranch busine...
Almost 57 years ago, the Department of the Treasury issued final regulations1 making it clear that c...
The sale of assets held by the taxpayer primarily for sale to customers in the ordinary course of bu...
The Agricultural Credit Act of 1987 authorized shared appreciation agreements (up to 10 years in du...
In a previous issue, we covered “Discharge of Indebtedness-- A Source of Surprises: Part I.” In this...
A contract for deed or installment contract for the sale of real estate (or other assets) between pa...
Establishing values for corporate stock (or other types of entities as well) at death for farm and r...
A 1995 private letter ruling1 held that an undivided one-sixth interest in farm real estate that was...
The rapid run-up in farm and ranch real estate values in recent years has resulted in some property ...
Traditionally, a substantial amount of farm property is transferred within the family. A major issue...
The task of dividing crop bases, quotas and allotments when farms are divided and transferred is a s...
With relatively heavy use of the installment contract or contract for deed in transferring farmland,...
The rapid run-up in farm and ranch land values1 in recent years with real estate values reaching rec...
For some installment sellers, the installment obligation is viewed as an investment asset and is not...
A recent trial court decision in Iowa involving hedge-to-arrive contracts has focused attention on “...
Estate and business planning efforts often involve the sale of interests in the farm or ranch busine...
Almost 57 years ago, the Department of the Treasury issued final regulations1 making it clear that c...
The sale of assets held by the taxpayer primarily for sale to customers in the ordinary course of bu...
The Agricultural Credit Act of 1987 authorized shared appreciation agreements (up to 10 years in du...
In a previous issue, we covered “Discharge of Indebtedness-- A Source of Surprises: Part I.” In this...
A contract for deed or installment contract for the sale of real estate (or other assets) between pa...
Establishing values for corporate stock (or other types of entities as well) at death for farm and r...
A 1995 private letter ruling1 held that an undivided one-sixth interest in farm real estate that was...
The rapid run-up in farm and ranch real estate values in recent years has resulted in some property ...
Traditionally, a substantial amount of farm property is transferred within the family. A major issue...
The task of dividing crop bases, quotas and allotments when farms are divided and transferred is a s...