Treatment of gain or loss.

Treatment of gain or loss. For purposes of determining the taxable income or net loss of a REMIC under section 860C(b), any gain or loss from the disposition of any asset, including a qualified mortgage (as defined in section 860G(a)(3)) or a permitted investment (as defined in section 860G(a)(5) and 1.860G-2(g)), is treated as gain or loss from the sale or exchange of property that is not a capital asset.

Source

26 CFR § 1.860C-2


Scoping language

None
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