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United States · Bill · HR

H.R. 3394 (106th)

Real Estate Flexibility Act of 1999

openUnited States· United States Congress· EN

Introduced

16 November 1999

Last action

Status

Sponsor introductory remarks on measure. (CR E2417)

Sponsors

Subjects

Discovery layer

Source updated

20 August 2025

Summary

Real Estate Flexibility Act of 1999 - Amends the Internal Revenue Code to authorize an individual to reduce the basis (with specified limits) and exclude a portion of debt assumption in lieu of gain recognition in the case of an unrelated party-disposition of U.S. depreciable real property.

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Documents

3 official files

Introduced in House (text)

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