Of [Im]Permissible Illogic and Section 1031
24 Pages Posted: 11 Jul 2010
Date Written: July 10, 1982
The author analyzes two Tax Court opinions which each apply Section 1031 in an unusual manner. Each permitted the taxpayer to receive cash and either to then purchase the replacement property or to claim exchange status with regard to property previously purchased.
Keywords: Section 1031
Suggested Citation: Suggested Citation