West CLE Seminar on Real Estate: Taxation and Bankruptcy |
Common terms and phrases
2d Cir adjusted basis amended amount apply assets Bankruptcy Act bankruptcy court bankruptcy judge basis bottom-line allocations cancellation of indebtedness capital account capital contributions cash flow certificate of limited Chapter XI Rule claim Code commencement corporation debt debtor depreciation deductions determined distributive share entity equity extent filing Frank Lyon gain or loss income or loss insolvent Internal Revenue Code investment lease lien limited partner liquidation loan ment mortgage nership nonrecourse nonrecourse loan operating loss ordinary income Orrisch partnership agreement partnership interest partnership liabilities payments petition principal purpose limitation prior proceeding profits purchase real estate real property received rental reorganization ruptcy secured creditors Service share of partnership soft money special allocation subsection substantial economic effect tax consequences Tax Court tax losses tax purposes tax shelter taxable income taxpayer tion title 11 transaction transfer Treas trustee United States Code United States trustee