1. Gain/Loss Deferral How are gain and loss deferral usually
accomplished? How is holding period affected by gain or loss deferral?
2. Like-Kind Exchanges What types of realty qualify for
like-kind exchange treatment? What kinds of personalty qualify for like-kind
exchange treatment?
3. Boot What is boot? What effect does boot have on a
like-kind exchange?
4. Nonsimultaneous Exchange What is a nonsimultaneous
exchange? What are the critical factors in qualifying a nonsimultaneous
exchange for tax deferral?
5. Casualty Loss How is a casualty loss that completely
destroys personal-use property measured? How is a casualty loss that partially
destroys personal-use property measured?
6. Casualty Loss How is a casualty loss that completely
destroys business or investment property measured? How is a casualty loss that
partially destroys business or investment property measured?
7. Casualty Losses What limits are placed on the
deductibility of casualty and theft losses of personal-use property in 2011?
8. Casualty Losses In
what year are casualty losses deducted? What choices are available if the
casualty occurs in a presidentially declared disaster area?
9. Involuntary Conversions Explain the functional-use test.
Explain the taxpayer-use test.
10. Involuntary Conversion What provisions apply to a
personal residence that is subject to an involuntary conversion?
