The “right to alienate” (transfer) property is an important part of the legal “bundle of rights” regarding property ownership. But those rights, like most others, can be altered by court orders. In a ...
Columbus officials finalized the transfer of a parcel previously used as a Columbus City Utilities (CCU) wastewater treatment plant to the redevelopment commission. On Oct. 21, the Columbus ...
Transferring property to a family member can be a meaningful gesture, whether it’s a gift, part of an estate plan, or a strategic financial choice. However, understanding the tax implications is key ...
IRC section 351 allows a taxpayer to make a tax-free transfer of property to a controlled corporation in exchange for stock. Section 357(c), however, requires the taxpayer to recognize a gain when the ...