THE SMART TRICK OF SIXMA 168 THAT NOBODY IS DISCUSSING

(ii) Acquisition requirementsAn acquisition of house satisfies the necessities of this clause if— (I) these kinds of residence wasn't utilized by the taxpayer Anytime prior to this kind of acquisition, and Any such election shall be irrevocable and shall bind all tax-exempt entities Keeping passions in this sort of tax-exempt controlled entity.