Chapter 7 Federal Income Tax Considerations

Index

Section 1 Scope of Chapter
Section 2 General Rule on Gains and Losses
Section 3 Generally
Section 4 Holding Period
Section 5 Generally
Section 6 Constructive Receipt of Payment
Section 7 Cash Basis Method
Section 8 Accrual Basis Method
Section 9 Property Owner's Dilemma
Section 10 Increase or Decrease in Payment After Judgment
Section 11 Definition of Consequential or Severance Damages
Section 12 Identifiable
Section 13 Reduce by Legal and Other Expenses
Section 14 Reduce by Assessed Special Benefits
Section 15 Reduce by Reduction in Basis of Remainder
Section 16 Final Balance
Section 17 Nonrecognition
Section 18 Special Benefits
Section 19 Definition
Section 20 Interest Payments Made by Property Owner
Section 21 Interest Payments Received by Property Owner
Section 22 Special Gain and Loss Rule for Property Used in a Trade or Business and Involuntarily Converted Capital Assets
Section 23 Definition of Property Used in a Trade or Business
Section 24 Definition of I.R.C. - 1231 Gain and Loss
Section 25 Special Rules
Section 26 Relevance of Rules
Section 27 Allocation of Award Among Interests Taken, Including I.R.C. -- 1245 and 1250 Property
Section 28 Definition of I.R.C. - 1245 Property
Section 29 Definition of I.R.C. - 1250 Property
Section 30 Advantage of Allocation
Section 31 Treatment of Attorney Fees
Section 32 Missouri's New Condemnation Scheme
Section 33 Introduction
Section 34 Threat or Imminence of Condemnation
Section 35 Period for Replacement
Section 36 Period for Replacement of Real Property Held for Productive Use in Trade or Business or for Investment
Section 37 General Rule
Section 38 "Like Kind" Exception
Section 39 Qualified Replacement Property: Acquisition of Control of a Corporation Owning Replacement Property
Section 40 Basis of Replacement Property
Section 41 Other Provisions for Nonrecognition of Gain
Section 42 I.R.C. - 1031: Voluntary Exchange of Property Held for Productive Use or for Investment
Section 43 I.R.C. - 121: Sale of a Principal Residence
Section 44 Conclusion