If a loss from sale or exchange of property between related parties is disallowed and the property is subsequently sold to an unrelated party: a.The unrelated party may claim the loss previously disallowed. b.The disallowed loss is lost forever. c.The disallowed loss may be used to offset gain on the subsequent sale. d.An amended return may be filed to claim the loss previously disallowed. e.The disallowed loss may be used if there is a further loss on the subsequent sale.

Answers

Answer 1

Answer:

The disallowed loss may be used to offset gain on the subsequent sale

Explanation:

A recognized gain or loss is simply refered to as the gains or losses that increase or decrease the gross income of taxpayers.

The Internal Revenue Code (IRC) §267 had laid out rules guiding or relations to the deductions of either losses or expenses between 2 or more related parties.

The related-party loss disallowance rules states that tax laws significantly treat parties involved as though they are the same taxpayer and does not allow recognition of losses on sales to related parties and it may be able to forthrightly deduct the disallowed loss by selling the property to an unrelated third party at a gain and also oonly if the related buyer sells the property at a gain(the related-party buyer sells it for more than she purchased it for).

On the condition that the related-party buyer sells the property for less than her purchase price from the related seller, then disallowed loss expires unused.


Related Questions

Which of the following three actors could form an "iron triangle"? a. Bayer AG, Eli Lilly & Company, and Pfizer Inc. (all pharmaceutical companies) b. the Food and Drug Administration, the Department of Health and Human Services, and the president c. the House Energy and Commerce Committee, the Senate Committee on Health, Education, Labor and Pensions, and the Department of Health and Human Services d. the Food and Drug Administration, Pfizer Inc., and the Senate Committee on Health, Education, Labor and Pensions

Answers

Answer:

d. the food and drug administration, Pfizer Inc., and the Senate Committee on health, education, labor and pensions.

Explanation:

Iron triangle is a special type of relationship which is developed in the interest groups from an industry and the committees who regulate laws of the industry. In the given case Pfizer is a pharmaceutical company who forms iron triangle with senate committee to enforce Food and Drug Administration regulations.

Why the actual frick won't it let me sign in? I have tried sooooo many times. I tried signing in, logging in, nothing will work. I am using a different computer today than I was yesterday and yesterday, I was able to sign in. When I tried to sign my sister up, it didn't work either.

Answers

Answer:

Explanation:

Sometimes this error might be due to a problem caused by the browser that you are using. Try switching over to another browser such as Chrome or Internet Explorer. If it still does not work then it may be because the site is having issues with the database and are most likely working to get that fixed. These issues are usually fixed within a day. If you would like, you can also contact customer support by clicking on the contact button at the bottom of the page.

Identify a true statement about the different stages of a product life cycle. Select one: a. The production and marketing costs are generally low during the introduction phase of the product life cycle. b. As a product matures, profits for an initiating firm keep pace with sales. c. Profits increase and are positively correlated with sales during the growth stage of the product life cycle. d. A seller makes price concessions, increases product quality, or expands outlays on advertising and sales promotion during the growth stage.

Answers

Answer:

c. Profits increase and are positively correlated with sales during the growth stage of the product life cycle.

Explanation:

A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) stages in the product-life cycle;

1. Introduction.

2. Growth.

3. Maturity.

4. Decline.

The true statement about the different stages of a product life cycle is that profits increase and are positively correlated with sales during the growth stage of the product life cycle because the growth stage is typically characterized by an acceptance of the product in the market by the consumers. Thus, there would be an increase in the quantity of goods sold (revenue) and a corresponding increase in profit.

2. Simplify the following


[tex] (\frac{1}{a} - \frac{1}{b} ) { }^{ - 1 } [/tex]

Answers

1/a - 1/b -1
Just remove the parentheses

What does a credit bureau do?

It records borrowers' payment histories.
It protects borrowers' deposits.
It regulates credit unions.
It protects against fraud.

Answers

Answer:

b

Explanation:

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Which might a sports or an event organization search to obtain marketing
information?
1 The Internet
2 Foundations
3 Newsletters
4 Media

Answers

Answer:

internet

Explanation:

because internet system is global

what motivates a person to start an informal business​

Answers

You have to have confidence in order to start a business

If the customer owes $12.55 and hands you a $20.00 bill, how much is her change?

A) $8.25
B) $8.45
C) $7.55
D) $7.45

Answers

The answer is D) $7.45
The awnser is D can I get brainlyist

If demand decreases and supply stays the same, there will be a

A) higher equilibrium price and lower quantity

B) lower equilibrium price and quantity

C) higher equilibrium price and quantity

D)lower equilibrium price and higher quantity

Answers

Lower equilibrium price and higher quantity

What is the risk you are taking when investing in bonds? How can you minimize this risk?

Answers

Answer:

Risk: The bonds you own will decline if interest rates rise, interest rate risk.

Minimalize:

- Don't buy bonds when interest rates are low or rising. Buy when stable.

- Stick to short term issues (3 - 5 years)

- Buy bond with different maturity dates

Explanation:

Good luck <3

Which has the rate of on-the-job injuries in increasing order?

state and federal prisons, county jails
county jails, state and federal prisons
state prisons, county jails, federal prisons
federal prisons, county jails, state prisons

Answers

Answer:

the correct answer is "A"!!!!

Explanation:

"state and federal prisons, county jails" is the correct answer because...

The rate of on-the-job injuries is increasing order is state and federal prisons, and county jails. Thus the correct option is A.

What are on-the-job injuries?

When any injury or accident took place with an individual when they are working at the workplace. this is called a job injury. The organization is responsible for the treatment of On the job injury.

Federal prisons are the most dangerous workplaces, and as a result, they have a greater percentage of on-the-job injuries than state prisons, county jails, or even county jails alone.

Workers in the federal corrections system run the danger of getting hurt or ill, which could lead to their needing a federal disability retirement due to high medical treatment.

Therefore, option A is appropriate.

Learn more about on-the-job injuries, here:

https://brainly.com/question/9544294

#SPJ6

problems of the public sector provisioning​

Answers

Answer:

erms in this set (6)

lack of accountability. nepotism, corruption, incompetence.

Inefficiency. Bureaucracy. ...

Difficulty in assessing needs. prone to under-or over-supplying public goods.

Pricing policy. prices can be over or under valued.

Parastatals. inefficient and in need of bailouts.

Privatisation.

Explanation:

Have a nice day, honey.  ^_^     ^﹏^

Mini-Case: Read the mini case and answer the questions that follow. Suppose the local Honda dealership is offering a special lease deal on the 2017 Honda Accord LX Coupe. With a 36-month lease, the monthly price is $219, not including tax. The lease also requires a down payment of approximately $2,380, plus the first month's payment and sales tax on the down payment. Nigel decides he wants to lease the Accord, and he enters into a contract with the Honda dealership. He makes his lease payment every month for 36 months and subsequently drives the vehicle for 36 months. (Assume that the terms of his contract mean the contract cannot possibly be performed within a year.) Based on the terms of this contract, how long would the performance of the contract take

Answers

Answer:

It would take 36 months

Explanation:

Based on the information given we were told that the dealership offers to lease the Honda Accord for 36 months which means that if Nigel have make a choice to lease the Accord by entering into a contract with the dealership after which the lease amount is paid by Nigel each month for 36 months in a situation were the contract terms cannot be possibly carried out within a year, Based on the terms of this contract between Nigel and the Honda dealership the performance of the contract would take 36 months because the Honda Accord lease deal is 36 months and secondly the lease payment is made every month for 36 months.

Tips on how to stay organized and focused during school!


Hello! Today I've decided to share some tips to help you stay focused during school.

First things first, get something scented. Chapstick, perfume, essential oil, candles, anything scented helps you relax.
Second, make yourself work towards something short term like a snack, allowing yourself to watch a video after completing each subject, things that make you want to do school.
Thirdly, make a checklist. I know its old, but making a paper checklist is the absolute best possible way to stay on task or ahead so you don't have to worry about being behind.

I have attached some of my favorite checklist templates in the comments below


I hope this helps you, have a great day! :)

Answers

Answer:

tysm !! <33 u have a great day too :))

Explanation:

Maria, a single taxpayer, had losses totaling $30,000 from a rental real estate activity in which she actively participated. Maria also had $15,000 of income from another rental real estate activity in which she actively participated. She acquired both investments in the current year. If Maria has no other passive income and adjusted gross income before passive losses of $70,000, how much loss from rental activities can she use to offset her portfolio and active income?

Answers

Answer:

$25,000

Explanation:

The computation of the loss from rental activities is shown below

If there is any loss arise from the real estate with respect to the rental activity so the same would be deducted from the passive income

The losses till $25,000 would be used for offset active or the income of the portfolio

Hence, $25,000 would be the losses

Select all that apply Describe data processing in accounting by selecting the correct statements below. (Check all that apply.) Multiple select question. Batch processing accumulates source documents for a period of time and then processes them all at once. Online processing enters and processes data as soon as source documents are available. A disadvantage of online processing is timeliness. An advantage of online processing is timeliness. Accounting systems differ with regard to how input is entered and processed. An advantage of batch processing is the lack of updated databases for management to use when making decisions.

Answers

Answer:

I. Batch processing accumulates source documents for a period of time and then processes them all at once.

II. Online processing enters and processes data as soon as source documents are available.

III. An advantage of online processing is timeliness.

IV. Accounting systems differ with regard to how input is entered and processed.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.

Hence, activities that involve the production or purchase of merchandise and the sale of goods and services to customers, including expenditures related to administering the business, are classified as operating activities. All the net income or cash from all operational business activities of a company is recorded as operating activities.

The correct statements that best describes data processing in accounting includes;

I. Batch processing accumulates source documents for a period of time and then processes them all at once.

II. Online processing enters and processes data as soon as source documents are available.

III. An advantage of online processing is timeliness.

IV. Accounting systems differ with regard to how input is entered and processed.

I need help ASAP.......If you were interviewing someone what questions would you ask???

Answers

Answer:

Tell me about yourself.

What are your strengths?

What are your weaknesses?

Why do you want this job?

Where would you like to be in your career five years from now?

What's your ideal company?

What attracted you to this company?

Why should we hire you?

Explanation:

They are basic questions :]

Answer

When you interviewing someone you have to ask the questions that would fit your topic. Example: What type of work are you looking for? Do u what to be manager? These type of questions are what you are looking for.

lunch in Jamie's dorm is an all-you-can-eat buffet, served from 11 a.m. until 1 p.m. By noon, the buffet is picked over, and by 12:30, there are very few popular items left. The garbage bins, though, are full of food. If the cafeteria changed its policy so that students had to pay for each item chosen, students would: Select one: a. make the same selections as before, but eat more of what they select. b. select only the most expensive items in the buffet. c. encounter shortages earlier in the day. d. only select an item if its marginal benefit is greater than or equal to its price.

Answers

Answer:

d

Explanation:

A rational consumer would only consume goods for which her marginal benefit is equal or greater than the marginal cost.

Marginal benefit is the benefit derived from consuming one extra unit of a good

Marginal cost is the cost of consuming one more unit of a good

Because the buffet is all you can eat, there is no marginal cost for putting more food on your plate. Thus, students would tend to over-serve. This would lead to wastage of food.

If the policy is enacted, students would only consume goods for which their  marginal benefit is equal or greater than the marginal cost. As a result, wastages would reduce.

the items they would select would be dependent on the marginal benefit they would derive from consuming the food item

I NEED THIS RIGHT NOW
Which of the following is NOT true about message sensitivity options?

Recipients of messages do not have to respect your requests for privacy.
Messages can be marked private.
Not all email services provide options for email sensitivity.
Messages marked as private or confidential cannot be shared with others.
(It's not c)

Answers

Answer:

a.recipients of messages do not have to respect your requests for privacy

Define the term "resource".​

Answers

Answer:

Resources are a kind of supply that can be drawn on by a person or organisation in order to function and execute plans and projects. Resources can be in the form of money, material, staff, energy, expertise, time and management, among other things.

difference between micro and macro econ

Answers

Answer:

The difference is size

Explanation:

"Macroeconomics (from the Greek prefix makro- meaning "large" + economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole".

"Micro- (Greek letter μ or legacy micro symbol µ is a unit prefix in the metric system denoting a factor of 10 −6 (one millionth)".

Hope this helped you!

to insure goods to send them overseas it costs the exporter 5/2% of the value of the goods. if the goods are valued at 16.400$, what will be insurance cost?​

Answers

Answer:

the insurance cost is $410

Explanation:

The computation of the insurance cost is shown below:

Given that

The exporter charged 5 by2% of the value of the goods for insured the goods

And, the goods are valued at $16,400

So the insurance cost is

= $16,400 × 5 ÷ 2%

= $16,400 × 2.5%

= $410

hence, the insurance cost is $410

Assets would need to be credited for which
of the following?
A. Loss of technological equipment
B. Purchase of new equipment
C. Addition of cash
D. All of the Above

Answers

D or b because I think that’s the answer
Examples of assets are:
Cash.
Investments.
Inventory.
Office equipment.
Machinery.
Real estate.
Company-owned vehicles.

hope this helps a little!! <3

What are the different career opportunities with being a environmental economist?

Answers

Answer:

Some of the important job roles that can be taken up by an Environmental Economist include Energy Economist, Ecological Economist, Agricultural Economist and Chief Economist.

Explanation:

please give me brain list and follow

5 role of development banks in economic development​

Answers

The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. ... Thus, the banks play an important role in the creation of new capital (or capital formation) in a country and thus help the growth process.

It is a good idea to pursue courses that can assist you in your career path. True or False

Answers

true obviously.... character limit

Answer: True

Explanation: because your going to follow the path you want

A baseball team plays in a stadium that holds 54,000 spectators. With the ticket price at $10, the average attendance at recent games has been 21,000. A market survey indicates that for every dollar the ticket price is lowered, attendance increases by 3000.
(a) Find a function that models the revenue in terms of ticket price. (Let x represent the price of a ticket and R represent the revenue.) R(x) = _________
(b) Find the price that maximizes revenue from ticket sales. $______________
(c) What ticket price is so high that no revenue is generated? $___________

Answers

Answer:

a) R(x) =  51000 x - 3000 x²

b) When the Revenue is maximum, The price is $ 8.5

c) When No revenue is generated, The price of the ticket is $17

Explanation:

Given - A baseball team plays in a stadium that holds 54,000 spectators. With the ticket price at $10, the average attendance at recent games has been 21,000. A market survey indicates that for every dollar the ticket price is lowered, attendance increases by 3000.

To find - (a) Find a function that models the revenue in terms of ticket price.  

              (b) Find the price that maximizes revenue from ticket sales.  

              (c) What ticket price is so high that no revenue is generated?

Proof -

Let us assume that,

The price of a ticket = x

The revenue = R

Now,

a)

Total number of tickets sold , N = 21000 + 3000(10 - x)

                                                     = 21000 + 30000 - 3000 x

                                                     = 51000 - 3000 x

⇒Total number of tickets sold , N = 51000 - 3000 x

Now,

Revenue , R(x) = x * N

                        = x [ 51000 - 3000 x ]

                        = 51000 x - 3000 x²

⇒R(x) =  51000 x - 3000 x²

b)

For maximum Revenue,

Put [tex]\frac{dR(x)}{dx} = 0[/tex]

Now,

[tex]\frac{dR(x)}{dx}[/tex] = 51000 - 6000 x

⇒51000 - 6000 x = 0

⇒6000 x = 51000

⇒6x = 51

⇒x = [tex]\frac{51}{6}[/tex] = 8.5

∴ we get

When the Revenue is maximum, The price = $ 8.5

c)

If No Revenue is generated

⇒R(x) = 0

⇒51000 x - 3000 x² = 0

⇒1000 x ( 51 - 3 x ) = 0

⇒1000 x = 0, 51 - 3 x = 0

⇒x = 0, 3 x = 51

⇒x = 0, x = [tex]\frac{51}{3}[/tex]

⇒x = 0, x = 17

∴ we get

When No revenue is generated, The price of the ticket is $17


Explain to the management of SSSMM the impact of the following socio-
economic issues on their business.

a.Inflation

b.Dumping

Answers

Answer:

inflation

Explanation:

this a process by which prices of a particular goods are high

Text written for advertising and marketing campaigns is referred to as

A. content.

B. context.

C. copy.

D. collateral.

Answers

Answer:

the correct answer is context

The law of demand illustrates
A
a direct relationship between price and quantity demanded.
B
an inverse relationship between price and quantity demanded.
ООО
C
a direct relationship between price and demand.
D
an inverse relationship between price and demand.

Answers

Answer: A

Explanation:

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English is one language spoken in south asia due to Does anyone know the answer to this and how to solve it?One fourth of a number, decreased by 10, is -50. Find the number. 8. The talent show committee sold a total of 530 tickets in advance. Studenttickets cost $3 each and the adult tickets cost $4 each. If the total receipts were$1740, how many of each type of ticket were sold?... please solve this using systems of equations Subtract the polynomials:(1 Point)f(x) = 10x4 + 2x +1; 8 (x) = 3x4 + 3x + 11O f (x) 8(x) = 7x4 + 2x2 3x 10O f(x) 8 (x) = 7x4 + 2x2 3x + 12O f (x) 8(x) = 7x4 + 2x2 + 3x + 12O f(x) 8(x) = 7x4 + 2x2 + 3x - 10 ill give brainliest i need help The expression (y11)(y2)8 is equivalent to yx. What is the value of x? I really need help with this ASAP will get 10 here and if they give me the right answer and not a link to some scam I can't open I will write another "Just because" for the person that gives the right answer 58 more points Please help once again!!! I need it ASAP!!! It's due very soon!!!Find the measures of the following angles given in the diagram below. Select all statements that are true about bases and heights in a parallelogram Match the following terms with the correct definition.Question 3 options:CapitalismCommunismDemocracyTotalitarianArms race1. An economy where the government controls all business and owns all the land. Jobs are shared equally and everyone has the same.2. An economy where people own their own businesses and can work for themselves. There is a wide gap between the rich and the poor.3. A government that puts the power into the hands of the people.4. A government where leaders have complete control.5. The competition to create the most nuclear weapons. Describe how heat affects the state of matter of a substance.Thank you! How long does it take $6,000 to quadruple if it is invested at 9.1% interest compounded annually? a15.9 years b17.8 years c37 years d222,222.22 years Please help I need it Can someone help me pleasee :) Choose ALL of the answers that would support the theory of Continental Drift?A)Location of ancient climate areasB)fossils of plants and animalsC)continents are not currently movingD)land features match up (like mountains) on different continentsE)magnetic strips in the ocean floor Endangered species are species with decreasing populations that aresudden loss of habitatdecreased number of natural predatorsincreased availability of reproductive matesmoving an individual organism into captivity How do you think that carnegie would feel about the modern us welfare system if he were still living Please I will give brainliest 6, 18, 54, 162What is the common ratio WILLGIVE BRAINLIEST PLS HELP ME WITH THISS1-8