International commodities company Representation
of a South American - based international commodities company publicly - traded on US and foreign
exchanges, in connection with a Securities &
Exchange Commission accounting and reporting fraud investigation,
Section 10b class action federal court proceedings, and a
home country regulatory investigation.
The guidance provides specific safe harbor language that clarifies when your vacation
home, second
home or primary residence that was converted to investment property would be considered as «qualified use property» and therefore qualify for 1031
Exchange treatment pursuant to
Section 1031
of the Internal Revenue Code.