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Alex Owns an Office Building Which the State Condemns on January

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Alex owns an office building which the state condemns on January 15,2016.Alex receives the condemnation award on April 1,2016.In order to qualify for nonrecognition of gain on this involuntary conversion,what is the last date for Alex to acquire qualified replacement property?


Definitions:

Reconstruct Memories

The process by which memories are pieced together from bits of information. Memories are not stored as exact replicas of experiences but are reconstructed during recall.

Unrecalled Items

Information or memories that cannot be actively retrieved from the mind, despite being stored within one's memory.

Autobiographical Memory Studies

Research focused on memory for events and experiences from one's own life, often structured in a narrative form.

Memory For Actions

The ability to remember and perform tasks or actions, often referred to as procedural or implicit memory.

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