Short sale and debt forgiveness are one transaction–no gain or loss when amount realized falls between gain basis and loss basis
LINK TO ITEM
Code Sec. 165
Simonsen v. CIR, 150 T.C. No. 8
(USTC)
2018-03-14
Short sale and debt forgiveness are one transaction–no gain or loss when amount realized falls between gain basis and loss basis
LINK TO ITEM
Code Sec. 165
Simonsen v. CIR, 150 T.C. No. 8
(USTC)
2018-03-14