5 ms·
That's not how that works. The law is pretty explicit.
by citizenkeen 4y ago
That's not how that works. The law is pretty explicit.
- verdverm 4y agoHow is the IRS defining "development"? I don't think it's the same as we do, and more akin to land development and improvement.
- phoehne 4y agoI think that will actually be decided by IRS interpretation. I can’t imagine an administrative judge would have that narrow a view, given the way other assets are treated.