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OVERVIEW

Tax Credits Gain control

Our transactional tax practice is not limited to businesses. Individuals buy and sell property unconnected with businesses and are required to pay tax on their recognized gains. Certain transactions involving non-business property, however, are eligible for non-recognition treatment, including like kind exchanges and condemnations. We have advised numerous property owners in negotiating the requirements for non-recognition treatment, or avoiding non-recognition treatment when the desired outcome is the recognition of a loss.

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