Short Takes: Recent Developments of Interest to Investors
Author: Staff Editors.
Source: Volume 36, Number 02, Winter 2019 , pp.78-92(15)
< previous article |return to table of contents
Abstract:
This installment of Short Takes discusses income recognition, character of gain or loss, realization and related issues, hobby losses, passive activity losses, and basis and depreciation.Keywords: income recognition, involuntary conversion, qualified opportunity fund, IRC Sec. 1235, IRC Sec. 1253, income realization, loss recognition, deductions, hobby loss, passive activity loss, basis, depreciation
Affiliations:
1: Journal of Taxation of Investments.