vacation property exchanges: Guidance on the Exchange of Vacation Homes via Rev. Proc. 2008-16 - 02/20/08 11:59 AM
Guidance on the exchange of vacation homes via Revenue Procedure 2008-16 was provided recently by the Internal Revenue Service. This procedure was brought about as a result of last year’s case in Tax Court Moore v. Commissioner, (T.C. Memo 2007-134) and a subsequent report by the Treasury Inspector General for Tax (6 comments)
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