Single Member LLC
LTR9807013
LTR9751012
Illinois Land Trust
Rev Ruling 92-105
Partnership Liquidation
Chase V.
Commissioner 92TC 874
Retained Interest in Minerals (Oil and Gas)
Crooks V.
Commissioner 92TC 816
Commissioner V.
Crichton, 122 f2nd 181 (5th Cir. 1941)
Letter Ruling
8135048
Reg. Ss 1.612-4 (a)
Rev. Ruling 72-117
Letter Ruling
8134134
Reverse exchanges
(New)
Rev. Proc. 2000-37;
2000-40 IRB 1 (September 15, 2000)
Exchange of business interest requires analysis of underlying assets
Rev Rul 89-121, 1989
CB 203
Can Not acquire replacement property from related party
Ltr. Rul. 9748006
Multi Asset Exchange
Rev Rul 89-121 I.R.B.
Rev Rul 90-34 Direct
Deeding
Contributing property to partnerships or corporations shortly before or after
an exchange.
Pitfalls:
- Step transaction or substance over form theory
- It is a co-tenancy or a partnership
Rev Rul 2000-48, 2000-44
- Is the property held for investment or used in a trade or business
Commissioner V. Court holding Co 324 us 331(1945)
Bolker V. Comm
81tc782 (1983)
Crenshaw V. Comm us
450F2nd 472cca51971
Tibbals V. Comm TC
memo 1958-44
Reg 1.761-1 (a)
Rev. Rul. 75-374
Madison Gas &
Electric 633 f2nd 512 ca7 (1980)
Estate of Levine V.
Comm 72 TC 780 (1979)
Demirijian V. Comm. S4TC 1961 (1970)
McManus V. Comm. S83
F 2D 443 (CA9 1978)
Holding Requirement:
Rev Rul 75-292 1975-
2cb333
Rev Rul. 77-3337,
1977-2CB 305
Malony V Comm. 93TC89