Re: ECON: Eliezer's calls (barter)

From: GBurch1@aol.com
Date: Sat Mar 11 2000 - 08:24:44 MST


In a message dated 3/10/00 1:24:34 AM Central Standard Time,
sasha1@netcom.com writes:

> What are the tax rules for exchanging houses?
> How about international exchanges?
> What are the barter-regulating laws in general?

I'm no tax lawyer (perhaps THAT is the lowest form of life), but the US tax
system is designed -- in theory -- to "capture" income and capital gains from
in-kind exchanges.

       Greg Burch <GBurch1@aol.com>----<gburch@lockeliddell.com>
      Attorney ::: Vice President, Extropy Institute ::: Wilderness Guide
      http://users.aol.com/gburch1 -or- http://members.aol.com/gburch1
                                           ICQ # 61112550
        "We never stop investigating. We are never satisfied that we know
        enough to get by. Every question we answer leads on to another
       question. This has become the greatest survival trick of our species."
                                          -- Desmond Morris



This archive was generated by hypermail 2.1.5 : Fri Nov 01 2002 - 15:27:18 MST