Sales and Exchanges of Property

Catalog description

Analyzes fundamental concepts of income taxation pertaining to sales and exchanges of property, including recognition and computation of gain or loss, amount realized, adjusted basis, installment or deferred payment method of reporting gain, private annuity transactions, common nontaxable exchanges, disallowed losses, treatment of capital gains or losses, capital asset qualifications, meaning of sales or exchange, holding period problems and special provisions concerning capital gains or losses.