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Take A Walk on the Boardwalk –  Collect a Big Historic Credit

Take A Walk on the Boardwalk – Collect a Big Historic Credit

Originally published on Passive Activities and Other Oxymorons on January 21, 2011.____________________________________________________________________________ Historic Boardwalk Hall, LLC, et al. v. Commissioner, 136 T.C. No. 1 One of the problems with tax incentives...
The Saga Continues

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Originally published on Passive Activities and Other Oxymorons on January 19th, 2011.____________________________________________________________________________ FIDELITY INTERNATIONAL CURRENCY ADVISOR A FUND, LLC v. U.S., Cite as 106 AFTR 2d 2010-7404, 12/20/2010 The...
More On Short Sales- Relocation Grants are For Relocation

More On Short Sales- Relocation Grants are For Relocation

Originally published on Passive Activities and Other Oxymorons on January 18th, 2011.____________________________________________________________________________ CCA 201102058 Last month I wrote a post about IRS allowing that a carve-out by a lender for transfer taxes...
Interest Accrues While IRS Delays

Interest Accrues While IRS Delays

Originally published on Passive Activities and Other Oxymorons on January 17th, 2011.____________________________________________________________________________ Samir H. Abumayyaleh, et ux. v. Commissioner, TC Memo 2010-275 In dealing with the IRS, one thing that you...
The Stuff You Find In Tax Court Opinions

The Stuff You Find In Tax Court Opinions

Originally published on Passive Activities and Other Oxymorons on January 14th, 2011.____________________________________________________________________________ Dean F. Pace, et ux. v. Commissioner, TC Memo 2010-273 The Sovereign Military Hospitaller Order of St....