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Closing the Deal and Keeping the Taxman Waiting: Use of I.R.C. Section 1031 in Oil and Gas Acquisitions and Divestitures
Contains material from Jun 2017
Closing the Deal and Keeping the Taxman Waiting: Use of I.R.C. Section 1031 in Oil and Gas Acquisitions and Divestitures
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Walk through a step-by-step guide to compliance with Section 1031 of the Internal Revenue Code to tie an asset disposition to a later acquisition of a replacement property as a tax-free exchange or to "park" an acquisition as a tax-free replacement property for assets subsequently disposed of.
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Closing the Deal and Keeping the Taxman Waiting: Use of I.R.C. Section 1031 in Oil and Gas Acquisitions and Divestitures (Jun 2017)
David G. Drumm
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Session 1
—27 mins
Closing the Deal and Keeping the Taxman Waiting: Use of I.R.C. Section 1031 in Oil and Gas Acquisitions and Divestitures (Jun 2017)
Walk through a step-by-step guide to compliance with Section 1031 of the Internal Revenue Code to tie an asset disposition to a later acquisition of a replacement property as a tax-free exchange or to "park" an acquisition as a tax-free replacement property for assets subsequently disposed of.
Originally presented: Apr 2017 Oil, Gas and Mineral Law Institute
David G. Drumm,
Carrington Coleman Sloman & Blumenthal LLP - Dallas, TX