Sec. 5007. Repeal of exclusion of gain or loss from disposition of distressed property
26 words·~1 min read·
/bill/113/hr/1/ih/section-5007A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subsection
(b)of section 512 is amended by striking paragraph (16). The amendment made by this section shall apply to property acquired after December 31, 2014.