
6 September 2021 | 11 replies
This isn't directly related to 121, but bears on it.From the Gates conclusion: "If a taxpayer sold some part of the underlying land but not the dwelling that the taxpayer used as a principal residence, the taxpayer could not defer the recognition of gain on the sale because the taxpayer did not sell his or her principal residence. . .If petitioners had sold their old home instead of demolishing it, they would have qualified for the section 121 exclusion.

31 August 2021 | 8 replies
This isn't directly related to 121, but bears on it.From the Gates conclusion: "If a taxpayer sold some part of the underlying land but not the dwelling that the taxpayer used as a principal residence, the taxpayer could not defer the recognition of gain on the sale because the taxpayer did not sell his or her principal residence. . .If petitioners had sold their old home instead of demolishing it, they would have qualified for the section 121 exclusion.

10 September 2021 | 8 replies
In addition, gain recognition is not triggered by dispositions after the death of one of the parties or by dispositions in compulsory or involuntary conversions (within the meaning of IRC Sec. 1033) [IRC Secs. 1031(f)(2)(A) and (B)].

24 September 2021 | 3 replies
It is easy for written words to become offensive when there's no other context such as facial expressions or tone of voice that might make it obvious someone was joking.

8 November 2021 | 10 replies
The national builders use license plate recognition software.
2 October 2020 | 27 replies
I personally aspire to develop rhythms of a hybrid nature that allow for both and grow to accommodate pattern recognition wherein the approach is relevant to the target.

11 September 2021 | 15 replies
Andy Mirza’s reference to Platinum brought to mind that there is a Platinum level; they receive a level of recognition at Eddie’s Note Expo events.

18 January 2020 | 2 replies
Owing the IRS is a recognition of you doing well.

6 February 2020 | 4 replies
Conventional wisdom has always been not to re-name an established cabin due to name recognition so we held on to it .. for awhile.

14 February 2020 | 60 replies
Grow a little bit of facial hair, put on a nice suit, leverage a team of older experienced people and stop cutting yourself short.