qualified replacement property

(B)The term “qualified replacement property” means— (i)in the case of an involuntary conversion described in section 1033(a)(1), any real property into which the qualified real property is converted, or (ii)in the case of an involuntary conversion described in section 1033(a)(2), any real property purchased by the qualified heir during the period specified infor purposes of replacing the qualified real property.

Source

26 USC § 2032A(h)(3)(B)


Scoping language

None: Default is title Scope
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