Examlex
Which of the following was the first comprehensive textbook to systematically cover the integrated philosophy and practice of scientific criminal investigation, forensic analysis, crime reconstruction, and criminal profiling?
Deferred Gain
A profit from the sale of property or an investment that has been realized but not recognized for tax purposes in the current period.
IRC Section 121
A provision in the Internal Revenue Code that allows homeowners to exclude up to $250,000 ($500,000 if married filing jointly) of capital gains on the sale of their primary residence, subject to certain conditions.
Receipt of Boot
Tax term referring to non-like-kind property or cash received in an exchange, which may trigger taxable gain.
Like-kind Exchange
A tax-deferred exchange of similar properties under section 1031 of the U.S. Tax Code.
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