§ 42(d)(2)(D)(i)(IV)

placement in service disregarded

UNDECIDED

0 of 2 settled

  1. 1

    § 42(d)(2)(D)(i)(IV)

    ALL OF
    “For purposes of determining under subparagraph (B)(ii) when a building was last placed in service” Enclosing § 42(d)(2)(D)(i)
    “by any person who acquired such building by foreclosure (or by instrument in lieu of foreclosure) of any purchase-money security interest held by such person”
    “the requirements of subparagraph (B)(ii) are met with respect to the placement in service by such person” needs Step 2 10-year period requirement met UNDECIDED
    “such building is resold within 12 months after the date such building is placed in service by such person after such foreclosure”
  2. 2

    § 42(d)(2)(B)(ii)

    10-year period requirement met

    ALL OF
    “there is a period of at least 10 years between the date of its acquisition by the taxpayer and the date the building was last placed in service”