net income from foreclosure property

(2) Net income from foreclosure property For purposes of this part, the term “net income from foreclosure property” means the amount which would be the REMIC’s net income from foreclosure property under section 857(b)(4)(B) if the REMIC were a real estate investment trust.

Source

26 USC § 860G(c)(2)


Scoping language

For purposes of this part
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