RS 47:153 — United States — Louisiana law | Esheria

RS 47:153

When property is converted from personal use to business use or profit use, its basis is the lower of fair market value at conversion or the basis otherwise determined under R.S. 47:140.

Jurisdiction
United States — Louisiana
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
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business use conversion property basis

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