1031 Vocabulary
Deferred exchange
A transfer of relinquished property and subsequent acquisition of replacement property.
 
Home arrow Book Reviews arrow Joseph E. McKinney
Thursday, 20 November 2008
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"Tax practitioners will welcome Prof. Borden's book explaining the possibilities (and perils) of tax-free exchanges. Distilled from years of experience working with (and writing about) tax-free exchanges, the book offers an encyclopedic but practical treatment of the subject. Enlivened with many examples and using language comprehensible to readers who are not expert in the exchange area, the book is divided into topical segments which direct the reader to the precise type of exchange the reader seeks to structure. Each segment contains highly practical and comprehensive guidance. Moreover the book features a highly useful glossary of terms and a section referencing significant cases, revenue rulings and procedures, and publications. Those interested in the area will find it a useful work to have at hand."

Joseph E. McKinney, JD, CPA, Tax Law Professor and Attorney at Law, Topeka, Kansas

 
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