Tax Rulings

• Revenue Procedure 2005-14 (Regarding the Application of IRC Sections 121 and 1031 to a Single Property)
• Teruya Brothers v. Commissioner (124 T.C. No. 4, 2/2005) (Related Party Transaction disallowed by Tax Court)
• PLR 2004-40002 (Buying Property from a related party allowed when related party also exchanges.
• PLR 2002-51008 - Link to .PDF
• Revenue Ruling 2004-86 (Delaware Statutory Trust as Real Property)
• Revenue Ruling 2003-56 (Treatment of Certain Liabilities)
• Revenue Ruling 2002-83 (Buying Replacement Property from a Related Party)
• Revenue Procedure 2004-51 (Modifies 2000-37 with respect to property previously owned by taxpayer.)
• Revenue Procedure 2002-22 (When does a TIC interest qualify as Like Kind?)
• Revenue Procedure 2000-37 (Regarding Reverse Exchanges)

Tax Resources

• Your Online Source for IRS Revenue Rulings
  http://www.taxlinks.com
• Internal Revenue Service Online
  http://www.irs.gov/
• Treasury Regulations
• IRC Section 1031

Useful Forms

• Form 8824 (Use this Form when reporting your exchange)
• IRS Pub. 544 Sale and Disposition of Asset
• IRS Pub. 555 Community Property
• Capital Gains Worksheet - .PDF
• 100% Deferral Worksheet - .PDF
• Exchange Contract Addendum (Seller) - .PDF
• Exchange Contract Addendum (Buyer) - .PDF

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