Content area

Abstract

TD 8777 and Reg. 1.465-27 clarify several issues relating to qualified nonrecourse financing that are generally favorable to taxpayers. Under the proposed regulations, a financing can be qualified nonrecourse financing if, in addition to the real property used in the activity of holding real property, it was secured by other property incidental to the activity of holding real property.

Details

Title
IRS: Qualified nonrecourse financing
Author
Anonymous
Pages
10-11
Publication year
1998
Publication date
Oct 1998
Publisher
CCH INCORPORATED
ISSN
00400181
Source type
Trade Journal
Language of publication
English
ProQuest document ID
206074992
Copyright
Copyright Commerce Clearing House, Inc. Oct 1998