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Tax Planning
A Response to the Internal Revenue Service’s Statements Regarding the Monetized Installment Sale
On June 1, 2022, the Internal Revenue Service (“IRS”) released the first part of its annual “Dirty Dozen” list (the “List”) alerting taxpayers and practitioners of what the IRS considers potentially abusive” tax arrangements.
Alexander D. Lee
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Tax Planning
1031 Alternative Solutions
Who are selling their investment real estate property is if there is a way to achieve the following goals: (1) enter into a 1031 exchange, but at a smaller amount than required under the law because they want to reduce their real estate holdings in their investment portfolio; (2) receive some cash out; and (3) and deferring taxes on the cash-out.
Alexander D. Lee
