Using RIA Checkpoint, find at least 5 tax cases and 5 IRS pronouncements on Section 1031 Exchanges that existed prior to the nineties (i.e. the time period before the issuance of the Section 1031 regulations and my 1991 article on exchanges) in order to provide a historical examination of the various cases and rulings that practitioners had to rely on before the guidance provided by these regulations.

Answer rating: 100% (QA)

Answer Section 1031 of the Internal Revenue Code IRC has a very long and somewhat complicated history dating all the way back to 1921 The first income tax code was adopted by the United States Congres... View the full answer