§ 2032A(a)(1)

qualified real property valued at qualifying use

UNDECIDED

0 of 2 settled

  1. 1

    § 2032A(a)(1)

    ALL OF

    If—

    “the decedent was (at the time of his death) a citizen or resident of the United States, and” § 2032A(a)(1)(A)
    “the executor elects the application of this section and files the agreement referred to in subsection (d)(2),” § 2032A(a)(1)(B) needs Step 2 is the required agreement UNDECIDED

    then, for purposes of this chapter, the value of qualified real property shall be its value for the use under which it qualifies, under subsection (b), as qualified real property.

  2. 2

    § 2032A(d)(2)

    is the required agreement

    ALL OF
    “a written agreement”
    “signed by each person in being who has an interest (whether or not in possession) in any property designated in such agreement”
    “consenting to the application of subsection (c) with respect to such property”