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Log In / Register | Apr 16, 2014

Reverse 1031 Exchange Rules

A reverse 1031 exchange enables the taxpayer to acquire the replacement property before selling the old or relinquished property. Prior to Revenue Procedure 2000-37, a reverse 1031 exchange was not recognized under Internal Revenue Section 1031(a)(3).

Cendant Founder Can't Prove Genius

Henry Silverman may be a genius, he just can't prove it in a New York court.

Mining A Hotel's Operating Statement

When preparing the first edition of the Uniform System of Accounts for Hotels in 1926, the Hotel Association of New York City set out to establish a uniform “responsibility accounting system” for the lodging industry.