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
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