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Since I was the only one mentioned "beneficial rights", I imagine your questioning was directed at me.
My point was NOT whether the Asker's client retained beneficial rights. My point was NOT to tell my fellow tax preparer to look into beneficial rights. My point was "facts and circumstances matter when it come to taxation on money received in Eminent Domain situations". Just that. Use you normal power of comprehension. Beneficial rights was JUST AN EXAMPLE.
You could split hair about beneficial rights, detrimental wrongs, sacerdotal rites... and what not. It's NOT relevant to my point. My point, stated above, is simple. When the Asker's client was even "unaware if the state made any changes to the deed yet" and would "contact the county. thank you", I think I had delivered my point across.
Bob, you know a lot of things and have a lot of "hairs" to split, so to speak. I honestly learned about tax practices from you. But then, April or not, equally honestly, I care about how you "fought the city for a $1,000 water-line easement because they were playing high and mighty and didn't ask your client first" as much as I care about whether you wet the bed. That should wrap this matter up.
Enjoy the next two week in helping your client, tax-wise or fighting the City-wise.
I come here for kudos and IRonMaN's jokes.