Examlex
If boot is received in a § 1031 like-kind exchange that results in some of the realized gain being recognized, the holding period for both the like-kind property and the boot received begins on the date of the exchange.
Southwest
A region of the United States generally including Arizona, New Mexico, Texas, and parts of Oklahoma, characterized by a unique cultural heritage and geographic features.
Economic Transformation
A significant change in the structure and composition of an economy, often involving development from an agrarian to an industrial or service-based economy.
Human Immunodeficiency Virus
A virus that attacks the body's immune system and can lead to acquired immunodeficiency syndrome (AIDS) if not treated.
AIDS
Acquired Immune Deficiency Syndrome, a life-threatening condition caused by the human immunodeficiency virus (HIV), leading to a severely weakened immune system.
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