On January 28, 2020, the California Office of Tax Appeals (OTA) denied the California Franchise Tax Board’s (FTB) request to rehear In the Matter of the Appeal of Sharon Mitchell (OTA Case No. 18011715). This decision may...more
2/11/2020
/ Franchise Tax Board ,
Income Taxes ,
IRS ,
Like Kind Exchanges ,
Limited Liability Company (LLC) ,
Partnerships ,
Real Estate Investments ,
Real Estate Transfers ,
Section 1031 Exchange ,
Substance Over Form Rule ,
Tax Appeals ,
Tax-Deferred Exchanges
One choice all joint venture devotees face in negotiating each new venture is who to designate as the tax matters partner. Recent changes to the law make this decision much more important and may prove costly to those who are...more