Issue
How should the tax court deal with the transfer of non-recourse mortgage debt in property dispositions when the fair market value of the property is less than the property’s basis?
Read more about this topic: Commissioner V. Tufts
Famous quotes containing the word issue:
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—Stanley I. Greenspan (20th century)
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“We have nothing to do, but to choose what is right, to be steady in the pursuit of it, and leave the issue to Providence.”
—Samuel Richardson (1689–1761)