{"id":1253,"date":"2019-03-28T23:38:00","date_gmt":"2019-03-28T23:38:00","guid":{"rendered":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/2019\/03\/28\/lege-trend-taxes-on-land-taken-by-eminent-domain\/"},"modified":"2019-03-28T23:38:00","modified_gmt":"2019-03-28T23:38:00","slug":"lege-trend-taxes-on-land-taken-by-eminent-domain","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/lege-trend-taxes-on-land-taken-by-eminent-domain\/","title":{"rendered":"Lege TREND. Taxes on Land Taken by Eminent Domain."},"content":{"rendered":"<p>Is providing tax relief when land is taken by eminent domain unusual?<\/p>\n<p>No, the IRS provides for it as well allowing for any gains to be rolled into similar investments without incurring an immediate tax on the gains.<\/p>\n<p><a href=\"https:\/\/mcdonaldhopkins.com\/Insights\/Blog\/Tax-and-Benefits-Challenges\/2019\/03\/22\/Virginia-exempts-gain-from-eminent-domain-condemnation-from-its-income-tax\">Business Advocate | Virginia exempts gain from eminent domain condemenation from its income tax<\/a><\/p>\n<p>Refreshing Recollection:<\/p>\n<div>\n<h2><a href=\"https:\/\/informedintel.com\/account\/eminentdomain\/?post=lege-trend-tax-breaks-when-your-land-is-taken-by-eminent-domain\" style=\"text-decoration:none;color:rgb(55,55,55);\">Lege TREND. Tax Breaks When Your Land is Taken By Eminent Domain<\/a><\/h2>\n<\/div>\n<div>\n<p>The Bill:\u00a0<a href=\"http:\/\/leg1.state.va.us\/cgi-bin\/legp504.exe?ses=191&amp;typ=bil&amp;val=sb1256\" style=\"text-decoration:none;color:rgb(53,152,252);\">Virginia&#8217;s SB 1256 (VA | 2019)<\/a><\/p>\n<ul>\n<li>Would provide a tax break for any gains on a forced sale<\/li>\n<li>Applies to residential and commercial land<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.baconsrebellion.com\/wp\/taking-some-pain-out-of-eminent-domain\/\" style=\"text-decoration:none;color:rgb(53,152,252);\">Bacon&#8217;s Rebellion |\u00a0Taking Some Pain Out of Eminent Domain<\/a>.\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Is providing tax relief when land is taken by eminent domain unusual?<\/p>\n<p>No, the IRS provides for it as well allowing for any gains to be rolled into similar investments without incurring an immediate tax on the gains.<\/p>\n<p><a href=\"https:\/\/mcdonaldhopkins.com\/Insights\/Blog\/Tax-and-Benefits-Challenges\/2019\/03\/22\/Virginia-exempts-gain-from-eminent-domain-condemnation-from-its-income-tax\">Business Advocate | Virginia exempts gain from eminent domain condemenation from its income tax<\/a><\/p>\n<p>Refreshing Recollection:<\/p>\n<div>\n<h2><a href=\"https:\/\/informedintel.com\/account\/eminentdomain\/?post=lege-trend-tax-breaks-when-your-land-is-taken-by-eminent-domain\" style=\"text-decoration:none;color:rgb(55,55,55);\">Lege TREND. Tax Breaks When Your Land is Taken By Eminent Domain<\/a><\/h2>\n<\/div>\n<div>\n<p>The Bill:\u00a0<a href=\"http:\/\/leg1.state.va.us\/cgi-bin\/legp504.exe?ses=191&amp;typ=bil&amp;val=sb1256\" style=\"text-decoration:none;color:rgb(53,152,252);\">Virginia&#8217;s SB 1256 (VA | 2019)<\/a><\/p>\n<ul>\n<li>Would provide a tax break for any gains on a\u2026<\/li>\n<\/ul>\n<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60,9,14,2],"tags":[],"class_list":["post-1253","post","type-post","status-publish","format-standard","hentry","category-2019-legislative-issue","category-compensation","category-legislation-trend","category-private-property-rights","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/1253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/comments?post=1253"}],"version-history":[{"count":0,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/1253\/revisions"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/media?parent=1253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/categories?post=1253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/tags?post=1253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}