id	sid	tid	token	lemma	pos
ftr-490	1	1	florida	florida	PROPN
ftr-490	1	2	tax	tax	PROPN
ftr-490	1	3	review	review	NOUN
ftr-490	1	4	volume	volume	NOUN
ftr-490	1	5	1	1	NUM
ftr-490	1	6	december	december	PROPN
ftr-490	1	7	1992	1992	NUM
ftr-490	1	8	number	number	NOUN
ftr-490	1	9	3	3	NUM
ftr-490	1	10	tufts	tuft	NOUN
ftr-490	1	11	and	and	CCONJ
ftr-490	1	12	the	the	DET
ftr-490	1	13	evolution	evolution	NOUN
ftr-490	1	14	of	of	ADP
ftr-490	1	15	debt	debt	NOUN
ftr-490	1	16	-	-	PUNCT
ftr-490	1	17	discharge	discharge	NOUN
ftr-490	1	18	theory	theory	NOUN
ftr-490	1	19	deborah	deborah	PROPN
ftr-490	1	20	a.	a.	NOUN
ftr-490	1	21	geier	geier	PROPN
ftr-490	1	22	*	*	PROPN
ftr-490	1	23	*	*	PROPN
ftr-490	1	24	i.	i.	PROPN
ftr-490	1	25	introduction	introduction	PROPN
ftr-490	1	26	ii	ii	PROPN
ftr-490	1	27	.	.	PUNCT
ftr-490	2	1	the	the	DET
ftr-490	2	2	historical	historical	ADJ
ftr-490	2	3	development	development	NOUN
ftr-490	2	4	of	of	ADP
ftr-490	2	5	the	the	DET
ftr-490	2	6	dichotomy	dichotomy	NOUN
ftr-490	2	7	a.	a.	NOUN
ftr-490	2	8	the	the	DET
ftr-490	2	9	tufts	tuft	NOUN
ftr-490	2	10	decision	decision	NOUN
ftr-490	2	11	1	1	NUM
ftr-490	2	12	.	.	PUNCT
ftr-490	3	1	the	the	DET
ftr-490	3	2	tufts	tufts	NOUN
ftr-490	3	3	facts	fact	NOUN
ftr-490	3	4	atnd	atnd	VERB
ftr-490	3	5	the	the	DET
ftr-490	3	6	nvo	nvo	PROPN
ftr-490	3	7	tufts	tuft	NOUN
ftr-490	3	8	issues	issue	NOUN
ftr-490	3	9	.	.	PUNCT
ftr-490	4	1	2	2	X
ftr-490	4	2	.	.	X
ftr-490	4	3	the	the	DET
ftr-490	4	4	court	court	NOUN
ftr-490	4	5	's	's	PART
ftr-490	4	6	resolution	resolution	NOUN
ftr-490	4	7	of	of	ADP
ftr-490	4	8	the	the	DET
ftr-490	4	9	first	first	ADJ
ftr-490	4	10	issue	issue	NOUN
ftr-490	4	11	.	.	PUNCT
ftr-490	5	1	3	3	X
ftr-490	5	2	.	.	X
ftr-490	5	3	the	the	DET
ftr-490	5	4	court	court	NOUN
ftr-490	5	5	's	's	PART
ftr-490	5	6	deference	deference	NOUN
ftr-490	5	7	to	to	ADP
ftr-490	5	8	the	the	DET
ftr-490	5	9	collapsed	collapse	VERB
ftr-490	5	10	approach	approach	NOUN
ftr-490	5	11	with	with	ADP
ftr-490	5	12	respect	respect	NOUN
ftr-490	5	13	to	to	ADP
ftr-490	5	14	the	the	DET
ftr-490	5	15	second	second	ADJ
ftr-490	5	16	issue	issue	NOUN
ftr-490	5	17	.	.	PUNCT
ftr-490	6	1	b.	b.	VERB
ftr-490	7	1	the	the	DET
ftr-490	7	2	tufts	tufts	NOUN
ftr-490	7	3	briefs	brief	NOUN
ftr-490	7	4	c.	c.	PROPN
ftr-490	7	5	the	the	DET
ftr-490	7	6	regulations	regulations	PROPN
ftr-490	7	7	mi	mi	PROPN
ftr-490	7	8	.	.	PROPN
ftr-490	7	9	does	do	AUX
ftr-490	7	10	the	the	DET
ftr-490	7	11	dichotomy	dichotomy	NOUN
ftr-490	7	12	make	make	VERB
ftr-490	7	13	sense	sense	NOUN
ftr-490	7	14	?	?	PUNCT
ftr-490	8	1	a.	a.	NOUN
ftr-490	8	2	the	the	DET
ftr-490	8	3	"	"	PUNCT
ftr-490	8	4	functional	functional	ADJ
ftr-490	8	5	-	-	PUNCT
ftr-490	8	6	relation	relation	NOUN
ftr-490	8	7	"	"	PUNCT
ftr-490	8	8	argument	argument	NOUN
ftr-490	8	9	in	in	ADP
ftr-490	8	10	tufts	tuft	NOUN
ftr-490	8	11	b.	b.	PROPN
ftr-490	8	12	footnote	footnote	VERB
ftr-490	8	13	11	11	NUM
ftr-490	8	14	of	of	ADP
ftr-490	8	15	tufts	tuft	NOUN
ftr-490	8	16	1	1	NUM
ftr-490	8	17	.	.	PUNCT
ftr-490	9	1	the	the	DET
ftr-490	9	2	outinoded	outinode	VERB
ftr-490	9	3	theo	theo	PROPN
ftr-490	9	4	'	'	PUNCT
ftr-490	9	5	.	.	PUNCT
ftr-490	10	1	2	2	X
ftr-490	10	2	.	.	X
ftr-490	10	3	the	the	DET
ftr-490	10	4	outmoded	outmoded	ADJ
ftr-490	10	5	case	case	NOUN
ftr-490	10	6	.	.	PUNCT
ftr-490	11	1	c.	c.	PROPN
ftr-490	11	2	real	real	ADJ
ftr-490	11	3	-	-	PUNCT
ftr-490	11	4	world	world	NOUN
ftr-490	11	5	consequences	consequence	NOUN
ftr-490	11	6	of	of	ADP
ftr-490	11	7	the	the	DET
ftr-490	11	8	dichotomy	dichotomy	NOUN
ftr-490	11	9	d.	d.	PROPN
ftr-490	11	10	asserted	assert	VERB
ftr-490	11	11	justifications	justification	NOUN
ftr-490	11	12	for	for	ADP
ftr-490	11	13	the	the	DET
ftr-490	11	14	dichotomy	dichotomy	NOUN
ftr-490	11	15	iv	iv	NOUN
ftr-490	11	16	.	.	PUNCT
ftr-490	12	1	personal	personal	ADJ
ftr-490	12	2	-	-	PUNCT
ftr-490	12	3	use	use	NOUN
ftr-490	12	4	property	property	NOUN
ftr-490	12	5	:	:	PUNCT
ftr-490	12	6	providing	provide	VERB
ftr-490	12	7	the	the	DET
ftr-490	12	8	answer	answer	NOUN
ftr-490	12	9	v.	v.	ADP
ftr-490	12	10	conclusion	conclusion	NOUN
ftr-490	12	11	*	*	PUNCT
ftr-490	12	12	copyright	copyright	NOUN
ftr-490	12	13	1992	1992	NUM
ftr-490	12	14	deborah	deborah	PROPN
ftr-490	12	15	a.	a.	NOUN
ftr-490	12	16	geier	geier	NOUN
ftr-490	12	17	.	.	PUNCT
ftr-490	13	1	*	*	PUNCT
ftr-490	13	2	*	*	PUNCT
ftr-490	13	3	assistant	assistant	NOUN
ftr-490	13	4	professor	professor	NOUN
ftr-490	13	5	of	of	ADP
ftr-490	13	6	law	law	NOUN
ftr-490	13	7	,	,	PUNCT
ftr-490	13	8	cleveland	cleveland	PROPN
ftr-490	13	9	-	-	PUNCT
ftr-490	13	10	marshall	marshall	PROPN
ftr-490	13	11	college	college	PROPN
ftr-490	13	12	of	of	ADP
ftr-490	13	13	law	law	PROPN
ftr-490	13	14	,	,	PUNCT
ftr-490	13	15	cleveland	cleveland	PROPN
ftr-490	13	16	state	state	PROPN
ftr-490	13	17	university	university	PROPN
ftr-490	13	18	.	.	PUNCT
ftr-490	14	1	j.d	j.d	PROPN
ftr-490	14	2	.	.	PROPN
ftr-490	14	3	,	,	PUNCT
ftr-490	14	4	1986	1986	NUM
ftr-490	14	5	,	,	PUNCT
ftr-490	14	6	case	case	NOUN
ftr-490	14	7	western	western	PROPN
ftr-490	14	8	reserve	reserve	PROPN
ftr-490	14	9	school	school	PROPN
ftr-490	14	10	of	of	ADP
ftr-490	14	11	law	law	NOUN
ftr-490	14	12	:	:	PUNCT
ftr-490	14	13	a.b	a.b	PROPN
ftr-490	14	14	..	..	PROPN
ftr-490	14	15	1983	1983	NUM
ftr-490	14	16	.	.	PUNCT
ftr-490	15	1	baldwin	baldwin	PROPN
ftr-490	15	2	-	-	PUNCT
ftr-490	15	3	wallace	wallace	PROPN
ftr-490	15	4	college	college	NOUN
ftr-490	15	5	.	.	PUNCT
ftr-490	16	1	i	i	PRON
ftr-490	16	2	am	be	AUX
ftr-490	16	3	grateful	grateful	ADJ
ftr-490	16	4	for	for	ADP
ftr-490	16	5	the	the	DET
ftr-490	16	6	helpful	helpful	ADJ
ftr-490	16	7	comments	comment	NOUN
ftr-490	16	8	of	of	ADP
ftr-490	16	9	marjorie	marjorie	PROPN
ftr-490	16	10	komhauser	komhauser	PROPN
ftr-490	16	11	on	on	ADP
ftr-490	16	12	an	an	DET
ftr-490	16	13	earlier	early	ADJ
ftr-490	16	14	draft	draft	NOUN
ftr-490	16	15	of	of	ADP
ftr-490	16	16	this	this	DET
ftr-490	16	17	article	article	NOUN
ftr-490	16	18	as	as	ADV
ftr-490	16	19	well	well	ADV
ftr-490	16	20	as	as	ADP
ftr-490	16	21	for	for	ADP
ftr-490	16	22	her	her	PRON
ftr-490	16	23	moral	moral	ADJ
ftr-490	16	24	support	support	NOUN
ftr-490	16	25	throughout	throughout	ADP
ftr-490	16	26	my	my	PRON
ftr-490	16	27	young	young	ADJ
ftr-490	16	28	academic	academic	ADJ
ftr-490	16	29	career	career	NOUN
ftr-490	16	30	.	.	PUNCT
ftr-490	17	1	tulane	tulane	PROPN
ftr-490	17	2	's	's	PART
ftr-490	17	3	gain	gain	NOUN
ftr-490	17	4	is	be	AUX
ftr-490	17	5	most	most	ADV
ftr-490	17	6	surely	surely	ADV
ftr-490	17	7	cleveland	cleveland	PROPN
ftr-490	17	8	-	-	PUNCT
ftr-490	17	9	marshall	marshall	PROPN
ftr-490	17	10	's	's	PART
ftr-490	17	11	loss	loss	NOUN
ftr-490	17	12	.	.	PUNCT
ftr-490	18	1	i	i	PRON
ftr-490	18	2	would	would	AUX
ftr-490	18	3	also	also	ADV
ftr-490	18	4	like	like	VERB
ftr-490	18	5	to	to	PART
ftr-490	18	6	thank	thank	VERB
ftr-490	18	7	charlotte	charlotte	PROPN
ftr-490	18	8	crane	crane	PROPN
ftr-490	18	9	.	.	PUNCT
ftr-490	19	1	a	a	DET
ftr-490	19	2	member	member	NOUN
ftr-490	19	3	of	of	ADP
ftr-490	19	4	the	the	DET
ftr-490	19	5	editorial	editorial	ADJ
ftr-490	19	6	board	board	NOUN
ftr-490	19	7	of	of	ADP
ftr-490	19	8	the	the	DET
ftr-490	19	9	florida	florida	PROPN
ftr-490	19	10	tax	tax	PROPN
ftr-490	19	11	review	review	NOUN
ftr-490	19	12	,	,	PUNCT
ftr-490	19	13	for	for	ADP
ftr-490	19	14	her	her	PRON
ftr-490	19	15	helpful	helpful	ADJ
ftr-490	19	16	comments	comment	NOUN
ftr-490	19	17	on	on	ADP
ftr-490	19	18	the	the	DET
ftr-490	19	19	submitted	submit	VERB
ftr-490	19	20	draft	draft	NOUN
ftr-490	19	21	.	.	PUNCT
ftr-490	20	1	florida	florida	PROPN
ftr-490	20	2	tax	tax	PROPN
ftr-490	20	3	review	review	PROPN
ftr-490	20	4	i.	i.	NOUN
ftr-490	20	5	introduction	introduction	NOUN
ftr-490	20	6	consider	consider	VERB
ftr-490	20	7	poor	poor	ADJ
ftr-490	20	8	debtor	debtor	NOUN
ftr-490	20	9	,	,	PUNCT
ftr-490	20	10	who	who	PRON
ftr-490	20	11	purchased	purchase	VERB
ftr-490	20	12	a	a	DET
ftr-490	20	13	personal	personal	ADJ
ftr-490	20	14	residence	residence	NOUN
ftr-490	20	15	for	for	ADP
ftr-490	20	16	$	$	SYM
ftr-490	20	17	130,000	130,000	NUM
ftr-490	20	18	several	several	ADJ
ftr-490	20	19	years	year	NOUN
ftr-490	20	20	ago	ago	ADV
ftr-490	20	21	with	with	ADP
ftr-490	20	22	a	a	DET
ftr-490	20	23	hefty	hefty	ADJ
ftr-490	20	24	mortgage	mortgage	NOUN
ftr-490	20	25	and	and	CCONJ
ftr-490	20	26	today	today	NOUN
ftr-490	20	27	,	,	PUNCT
ftr-490	20	28	like	like	ADP
ftr-490	20	29	many	many	ADJ
ftr-490	20	30	others	other	NOUN
ftr-490	20	31	caught	catch	VERB
ftr-490	20	32	between	between	ADP
ftr-490	20	33	the	the	DET
ftr-490	20	34	scylla	scylla	NOUN
ftr-490	20	35	of	of	ADP
ftr-490	20	36	the	the	DET
ftr-490	20	37	economic	economic	ADJ
ftr-490	20	38	recession	recession	NOUN
ftr-490	20	39	and	and	CCONJ
ftr-490	20	40	the	the	DET
ftr-490	20	41	charybdis	charybdi	NOUN
ftr-490	20	42	of	of	ADP
ftr-490	20	43	collapsing	collapse	VERB
ftr-490	20	44	real	real	ADJ
ftr-490	20	45	estate	estate	NOUN
ftr-490	20	46	values	value	NOUN
ftr-490	20	47	,	,	PUNCT
ftr-490	20	48	'	'	PUNCT
ftr-490	20	49	finds	find	VERB
ftr-490	20	50	himself	himself	PRON
ftr-490	20	51	losing	lose	VERB
ftr-490	20	52	his	his	PRON
ftr-490	20	53	home	home	NOUN
ftr-490	20	54	.	.	PUNCT
ftr-490	21	1	perhaps	perhaps	ADV
ftr-490	21	2	he	he	PRON
ftr-490	21	3	loses	lose	VERB
ftr-490	21	4	his	his	PRON
ftr-490	21	5	home	home	NOUN
ftr-490	21	6	because	because	SCONJ
ftr-490	21	7	he	he	PRON
ftr-490	21	8	can	can	AUX
ftr-490	21	9	no	no	ADV
ftr-490	21	10	longer	long	ADV
ftr-490	21	11	continue	continue	VERB
ftr-490	21	12	to	to	PART
ftr-490	21	13	meet	meet	VERB
ftr-490	21	14	the	the	DET
ftr-490	21	15	mortgage	mortgage	NOUN
ftr-490	21	16	payments	payment	NOUN
ftr-490	21	17	.	.	PUNCT
ftr-490	22	1	perhaps	perhaps	ADV
ftr-490	22	2	he	he	PRON
ftr-490	22	3	simply	simply	ADV
ftr-490	22	4	stops	stop	VERB
ftr-490	22	5	making	make	VERB
ftr-490	22	6	mortgage	mortgage	NOUN
ftr-490	22	7	payments	payment	NOUN
ftr-490	22	8	because	because	SCONJ
ftr-490	22	9	he	he	PRON
ftr-490	22	10	appreciates	appreciate	VERB
ftr-490	22	11	the	the	DET
ftr-490	22	12	economic	economic	ADJ
ftr-490	22	13	reality	reality	NOUN
ftr-490	22	14	that	that	SCONJ
ftr-490	22	15	it	it	PRON
ftr-490	22	16	would	would	AUX
ftr-490	22	17	not	not	PART
ftr-490	22	18	be	be	AUX
ftr-490	22	19	wise	wise	ADJ
ftr-490	22	20	to	to	PART
ftr-490	22	21	continue	continue	VERB
ftr-490	22	22	to	to	PART
ftr-490	22	23	make	make	VERB
ftr-490	22	24	payments	payment	NOUN
ftr-490	22	25	on	on	ADP
ftr-490	22	26	the	the	DET
ftr-490	22	27	$	$	SYM
ftr-490	22	28	122,000	122,000	NUM
ftr-490	22	29	remaining	remain	VERB
ftr-490	22	30	mortgage	mortgage	NOUN
ftr-490	22	31	when	when	SCONJ
ftr-490	22	32	the	the	DET
ftr-490	22	33	fair	fair	ADJ
ftr-490	22	34	market	market	NOUN
ftr-490	22	35	value	value	NOUN
ftr-490	22	36	of	of	ADP
ftr-490	22	37	the	the	DET
ftr-490	22	38	home	home	NOUN
ftr-490	22	39	has	have	AUX
ftr-490	22	40	plunged	plunge	VERB
ftr-490	22	41	to	to	ADP
ftr-490	22	42	$	$	SYM
ftr-490	22	43	100,000	100,000	NUM
ftr-490	22	44	.	.	PUNCT
ftr-490	23	1	this	this	DET
ftr-490	23	2	approach	approach	NOUN
ftr-490	23	3	would	would	AUX
ftr-490	23	4	be	be	AUX
ftr-490	23	5	particularly	particularly	ADV
ftr-490	23	6	appealing	appealing	ADJ
ftr-490	23	7	if	if	SCONJ
ftr-490	23	8	debtor	debtor	NOUN
ftr-490	23	9	knew	know	VERB
ftr-490	23	10	that	that	SCONJ
ftr-490	23	11	the	the	DET
ftr-490	23	12	creditor	creditor	NOUN
ftr-490	23	13	would	would	AUX
ftr-490	23	14	not	not	PART
ftr-490	23	15	,	,	PUNCT
ftr-490	23	16	or	or	CCONJ
ftr-490	23	17	could	could	AUX
ftr-490	23	18	not	not	PART
ftr-490	23	19	,	,	PUNCT
ftr-490	23	20	enforce	enforce	VERB
ftr-490	23	21	any	any	DET
ftr-490	23	22	deficiency	deficiency	NOUN
ftr-490	23	23	against	against	ADP
ftr-490	23	24	debtor	debtor	NOUN
ftr-490	23	25	's	's	PART
ftr-490	23	26	other	other	ADJ
ftr-490	23	27	assets	asset	NOUN
ftr-490	23	28	.	.	PUNCT
ftr-490	24	1	what	what	PRON
ftr-490	24	2	are	be	AUX
ftr-490	24	3	the	the	DET
ftr-490	24	4	tax	tax	NOUN
ftr-490	24	5	consequences	consequence	NOUN
ftr-490	24	6	upon	upon	SCONJ
ftr-490	24	7	transfer	transfer	NOUN
ftr-490	24	8	of	of	ADP
ftr-490	24	9	the	the	DET
ftr-490	24	10	home	home	NOUN
ftr-490	24	11	to	to	ADP
ftr-490	24	12	the	the	DET
ftr-490	24	13	mortgagee	mortgagee	NOUN
ftr-490	24	14	infull	infull	NOUN
ftr-490	24	15	satisfaction	satisfaction	NOUN
ftr-490	24	16	of	of	ADP
ftr-490	24	17	the	the	DET
ftr-490	24	18	debt	debt	NOUN
ftr-490	24	19	?	?	PUNCT
ftr-490	25	1	upon	upon	SCONJ
ftr-490	25	2	researching	research	VERB
ftr-490	25	3	the	the	DET
ftr-490	25	4	law	law	NOUN
ftr-490	25	5	,	,	PUNCT
ftr-490	25	6	debtor	debtor	NOUN
ftr-490	25	7	's	's	PART
ftr-490	25	8	tax	tax	NOUN
ftr-490	25	9	advisor	advisor	NOUN
ftr-490	25	10	learns	learn	VERB
ftr-490	25	11	that	that	SCONJ
ftr-490	25	12	,	,	PUNCT
ftr-490	25	13	because	because	SCONJ
ftr-490	25	14	the	the	DET
ftr-490	25	15	debt	debt	NOUN
ftr-490	25	16	discharged	discharge	VERB
ftr-490	25	17	(	(	PUNCT
ftr-490	25	18	$	$	SYM
ftr-490	25	19	122,000	122,000	NUM
ftr-490	25	20	)	)	PUNCT
ftr-490	25	21	exceeds	exceed	VERB
ftr-490	25	22	the	the	DET
ftr-490	25	23	fair	fair	ADJ
ftr-490	25	24	market	market	NOUN
ftr-490	25	25	value	value	NOUN
ftr-490	25	26	of	of	ADP
ftr-490	25	27	the	the	DET
ftr-490	25	28	property	property	NOUN
ftr-490	25	29	transferred	transfer	VERB
ftr-490	25	30	in	in	ADP
ftr-490	25	31	satisfaction	satisfaction	NOUN
ftr-490	25	32	of	of	ADP
ftr-490	25	33	the	the	DET
ftr-490	25	34	debt	debt	NOUN
ftr-490	25	35	(	(	PUNCT
ftr-490	25	36	$	$	SYM
ftr-490	25	37	100,000	100,000	NUM
ftr-490	25	38	)	)	PUNCT
ftr-490	25	39	,	,	PUNCT
ftr-490	25	40	the	the	DET
ftr-490	25	41	tax	tax	NOUN
ftr-490	25	42	consequences	consequence	NOUN
ftr-490	25	43	will	will	AUX
ftr-490	25	44	vary	vary	VERB
ftr-490	25	45	dramatically	dramatically	ADV
ftr-490	25	46	depending	depend	VERB
ftr-490	25	47	on	on	ADP
ftr-490	25	48	whether	whether	SCONJ
ftr-490	25	49	the	the	DET
ftr-490	25	50	debt	debt	NOUN
ftr-490	25	51	is	be	AUX
ftr-490	25	52	styled	style	VERB
ftr-490	25	53	"	"	PUNCT
ftr-490	25	54	recourse	recourse	NOUN
ftr-490	25	55	"	"	PUNCT
ftr-490	25	56	or	or	CCONJ
ftr-490	25	57	"	"	PUNCT
ftr-490	25	58	nonrecourse	nonrecourse	NOUN
ftr-490	25	59	.	.	PUNCT
ftr-490	25	60	"	"	PUNCT
ftr-490	26	1	these	these	PRON
ftr-490	26	2	are	be	AUX
ftr-490	26	3	the	the	DET
ftr-490	26	4	facts	fact	NOUN
ftr-490	26	5	of	of	ADP
ftr-490	26	6	a	a	DET
ftr-490	26	7	1991	1991	NUM
ftr-490	26	8	technical	technical	ADJ
ftr-490	26	9	advice	advice	NOUN
ftr-490	26	10	memorandum	memorandum	NOUN
ftr-490	26	11	,	,	PUNCT
ftr-490	26	12	2	2	NUM
ftr-490	26	13	which	which	DET
ftr-490	26	14	memorandum	memorandum	NOUN
ftr-490	26	15	demonstrates	demonstrate	VERB
ftr-490	26	16	most	most	ADV
ftr-490	26	17	clearly	clearly	ADV
ftr-490	26	18	both	both	CCONJ
ftr-490	26	19	the	the	DET
ftr-490	26	20	irrationality	irrationality	NOUN
ftr-490	26	21	and	and	CCONJ
ftr-490	26	22	the	the	DET
ftr-490	26	23	growing	grow	VERB
ftr-490	26	24	acceptance	acceptance	NOUN
ftr-490	26	25	as	as	ADP
ftr-490	26	26	settled	settle	VERB
ftr-490	26	27	doctrine	doctrine	NOUN
ftr-490	26	28	of	of	ADP
ftr-490	26	29	the	the	DET
ftr-490	26	30	irreconcilable	irreconcilable	ADJ
ftr-490	26	31	conceptual	conceptual	ADJ
ftr-490	26	32	approaches	approach	NOUN
ftr-490	26	33	taken	take	VERB
ftr-490	26	34	by	by	ADP
ftr-490	26	35	the	the	DET
ftr-490	26	36	government	government	NOUN
ftr-490	26	37	(	(	PUNCT
ftr-490	26	38	including	include	VERB
ftr-490	26	39	both	both	CCONJ
ftr-490	26	40	the	the	DET
ftr-490	26	41	internal	internal	ADJ
ftr-490	26	42	revenue	revenue	NOUN
ftr-490	26	43	service	service	NOUN
ftr-490	26	44	in	in	ADP
ftr-490	26	45	rulings	ruling	NOUN
ftr-490	26	46	and	and	CCONJ
ftr-490	26	47	cases	case	NOUN
ftr-490	26	48	and	and	CCONJ
ftr-490	26	49	the	the	DET
ftr-490	26	50	treasury	treasury	PROPN
ftr-490	26	51	department	department	PROPN
ftr-490	26	52	in	in	ADP
ftr-490	26	53	regulations	regulation	NOUN
ftr-490	26	54	)	)	PUNCT
ftr-490	26	55	regarding	regard	VERB
ftr-490	26	56	the	the	DET
ftr-490	26	57	discharge	discharge	NOUN
ftr-490	26	58	or	or	CCONJ
ftr-490	26	59	cancellation3	cancellation3	NOUN
ftr-490	26	60	of	of	ADP
ftr-490	26	61	recourse	recourse	NOUN
ftr-490	26	62	and	and	CCONJ
ftr-490	26	63	nonrecourse	nonrecourse	NOUN
ftr-490	26	64	debt	debt	NOUN
ftr-490	26	65	in	in	ADP
ftr-490	26	66	the	the	DET
ftr-490	26	67	course	course	NOUN
ftr-490	26	68	of	of	ADP
ftr-490	26	69	a	a	DET
ftr-490	26	70	transfer	transfer	NOUN
ftr-490	26	71	of	of	ADP
ftr-490	26	72	property	property	NOUN
ftr-490	26	73	.	.	PUNCT
ftr-490	27	1	if	if	SCONJ
ftr-490	27	2	the	the	DET
ftr-490	27	3	debt	debt	NOUN
ftr-490	27	4	is	be	AUX
ftr-490	27	5	"	"	PUNCT
ftr-490	27	6	recourse	recourse	NOUN
ftr-490	27	7	,	,	PUNCT
ftr-490	27	8	4	4	NUM
ftr-490	27	9	the	the	DET
ftr-490	27	10	government	government	NOUN
ftr-490	27	11	bifurcates	bifurcate	VERB
ftr-490	27	12	the	the	DET
ftr-490	27	13	transaction	transaction	NOUN
ftr-490	27	14	(	(	PUNCT
ftr-490	27	15	the	the	DET
ftr-490	27	16	"	"	PUNCT
ftr-490	27	17	bifurcated	bifurcated	ADJ
ftr-490	27	18	approach	approach	NOUN
ftr-490	27	19	"	"	PUNCT
ftr-490	27	20	):	):	PUNCT
ftr-490	27	21	the	the	DET
ftr-490	27	22	property	property	NOUN
ftr-490	27	23	disposition	disposition	NOUN
ftr-490	27	24	is	be	AUX
ftr-490	27	25	analyzed	analyze	VERB
ftr-490	27	26	under	under	ADP
ftr-490	27	27	section	section	NOUN
ftr-490	27	28	1001	1001	NUM
ftr-490	27	29	of	of	ADP
ftr-490	27	30	the	the	DET
ftr-490	27	31	code	code	NOUN
ftr-490	27	32	,	,	PUNCT
ftr-490	27	33	and	and	CCONJ
ftr-490	27	34	the	the	DET
ftr-490	27	35	discharge	discharge	NOUN
ftr-490	27	36	of	of	ADP
ftr-490	27	37	indebtedness	indebtedness	NOUN
ftr-490	27	38	is	be	AUX
ftr-490	27	39	analyzed	analyze	VERB
ftr-490	27	40	under	under	ADP
ftr-490	27	41	sections	section	NOUN
ftr-490	27	42	61(a)(12	61(a)(12	NUM
ftr-490	27	43	)	)	PUNCT
ftr-490	27	44	and	and	CCONJ
ftr-490	27	45	108	108	NUM
ftr-490	27	46	.	.	PUNCT
ftr-490	28	1	under	under	ADP
ftr-490	28	2	this	this	DET
ftr-490	28	3	approach	approach	NOUN
ftr-490	28	4	,	,	PUNCT
ftr-490	28	5	the	the	DET
ftr-490	28	6	asset	asset	NOUN
ftr-490	28	7	is	be	AUX
ftr-490	28	8	considered	consider	VERB
ftr-490	28	9	sold	sell	VERB
ftr-490	28	10	for	for	ADP
ftr-490	28	11	its	its	PRON
ftr-490	28	12	fair	fair	ADJ
ftr-490	28	13	market	market	NOUN
ftr-490	28	14	value	value	NOUN
ftr-490	28	15	(	(	PUNCT
ftr-490	28	16	resulting	result	VERB
ftr-490	28	17	in	in	ADP
ftr-490	28	18	the	the	DET
ftr-490	28	19	realization	realization	NOUN
ftr-490	28	20	of	of	ADP
ftr-490	28	21	gain	gain	NOUN
ftr-490	28	22	or	or	CCONJ
ftr-490	28	23	loss	loss	NOUN
ftr-490	28	24	on	on	ADP
ftr-490	28	25	i.	i.	NOUN
ftr-490	28	26	i	i	PRON
ftr-490	28	27	did	do	AUX
ftr-490	28	28	not	not	PART
ftr-490	28	29	originally	originally	ADV
ftr-490	28	30	think	think	VERB
ftr-490	28	31	the	the	DET
ftr-490	28	32	reference	reference	NOUN
ftr-490	28	33	to	to	ADP
ftr-490	28	34	scylla	scylla	NOUN
ftr-490	28	35	and	and	CCONJ
ftr-490	28	36	charybdis	charybdis	PROPN
ftr-490	28	37	called	call	VERB
ftr-490	28	38	for	for	ADP
ftr-490	28	39	a	a	DET
ftr-490	28	40	footnote	footnote	NOUN
ftr-490	28	41	,	,	PUNCT
ftr-490	28	42	but	but	CCONJ
ftr-490	28	43	upon	upon	SCONJ
ftr-490	28	44	recently	recently	ADV
ftr-490	28	45	reading	read	VERB
ftr-490	28	46	another	another	DET
ftr-490	28	47	reference	reference	NOUN
ftr-490	28	48	to	to	ADP
ftr-490	28	49	these	these	DET
ftr-490	28	50	unfortunate	unfortunate	ADJ
ftr-490	28	51	creatures	creature	NOUN
ftr-490	28	52	accompanied	accompany	VERB
ftr-490	28	53	by	by	ADP
ftr-490	28	54	an	an	DET
ftr-490	28	55	explanatory	explanatory	ADJ
ftr-490	28	56	footnote	footnote	NOUN
ftr-490	28	57	,	,	PUNCT
ftr-490	28	58	i	i	PRON
ftr-490	28	59	decided	decide	VERB
ftr-490	28	60	to	to	PART
ftr-490	28	61	cite	cite	VERB
ftr-490	28	62	that	that	DET
ftr-490	28	63	helpful	helpful	ADJ
ftr-490	28	64	footnote	footnote	NOUN
ftr-490	28	65	for	for	ADP
ftr-490	28	66	any	any	DET
ftr-490	28	67	reader	reader	NOUN
ftr-490	28	68	in	in	ADP
ftr-490	28	69	need	need	NOUN
ftr-490	28	70	of	of	ADP
ftr-490	28	71	clarification	clarification	NOUN
ftr-490	28	72	.	.	PUNCT
ftr-490	29	1	see	see	VERB
ftr-490	29	2	kenneth	kenneth	PROPN
ftr-490	29	3	lasson	lasson	PROPN
ftr-490	29	4	,	,	PUNCT
ftr-490	29	5	feminism	feminism	NOUN
ftr-490	29	6	awry	awry	ADJ
ftr-490	29	7	:	:	PUNCT
ftr-490	29	8	excesses	excess	NOUN
ftr-490	29	9	in	in	ADP
ftr-490	29	10	the	the	DET
ftr-490	29	11	pursuit	pursuit	NOUN
ftr-490	29	12	of	of	ADP
ftr-490	29	13	rights	right	NOUN
ftr-490	29	14	and	and	CCONJ
ftr-490	29	15	trifles	trifle	NOUN
ftr-490	29	16	,	,	PUNCT
ftr-490	29	17	42	42	NUM
ftr-490	29	18	j.	j.	PROPN
ftr-490	29	19	legal	legal	ADJ
ftr-490	29	20	educ	educ	NOUN
ftr-490	29	21	.	.	PUNCT
ftr-490	30	1	1	1	NUM
ftr-490	30	2	,	,	PUNCT
ftr-490	30	3	23	23	NUM
ftr-490	30	4	n.94	n.94	PROPN
ftr-490	30	5	(	(	PUNCT
ftr-490	30	6	1992	1992	NUM
ftr-490	30	7	)	)	PUNCT
ftr-490	30	8	.	.	PUNCT
ftr-490	31	1	2	2	X
ftr-490	31	2	.	.	X
ftr-490	31	3	i.r.s	i.r.s	PROPN
ftr-490	31	4	.	.	PUNCT
ftr-490	32	1	t.a.m	t.a.m	PROPN
ftr-490	32	2	.	.	PROPN
ftr-490	32	3	9130005	9130005	NUM
ftr-490	32	4	(	(	PUNCT
ftr-490	32	5	march	march	PROPN
ftr-490	32	6	29	29	NUM
ftr-490	32	7	,	,	PUNCT
ftr-490	32	8	1991	1991	NUM
ftr-490	32	9	)	)	PUNCT
ftr-490	32	10	;	;	PUNCT
ftr-490	32	11	see	see	VERB
ftr-490	32	12	infra	infra	NOUN
ftr-490	32	13	notes	note	VERB
ftr-490	32	14	174	174	NUM
ftr-490	32	15	-	-	SYM
ftr-490	32	16	98	98	NUM
ftr-490	32	17	and	and	CCONJ
ftr-490	32	18	accompanying	accompany	VERB
ftr-490	32	19	text	text	NOUN
ftr-490	32	20	.	.	PUNCT
ftr-490	33	1	3	3	X
ftr-490	33	2	.	.	X
ftr-490	33	3	a	a	DET
ftr-490	33	4	debt	debt	NOUN
ftr-490	33	5	is	be	AUX
ftr-490	33	6	cancelled	cancel	VERB
ftr-490	33	7	or	or	CCONJ
ftr-490	33	8	discharged	discharge	VERB
ftr-490	33	9	,	,	PUNCT
ftr-490	33	10	rather	rather	ADV
ftr-490	33	11	than	than	ADP
ftr-490	33	12	satisfied	satisfied	ADJ
ftr-490	33	13	,	,	PUNCT
ftr-490	33	14	when	when	SCONJ
ftr-490	33	15	it	it	PRON
ftr-490	33	16	is	be	AUX
ftr-490	33	17	not	not	PART
ftr-490	33	18	repaid	repay	VERB
ftr-490	33	19	in	in	ADP
ftr-490	33	20	full	full	ADJ
ftr-490	33	21	,	,	PUNCT
ftr-490	33	22	as	as	SCONJ
ftr-490	33	23	when	when	SCONJ
ftr-490	33	24	property	property	NOUN
ftr-490	33	25	transferred	transfer	VERB
ftr-490	33	26	in	in	ADP
ftr-490	33	27	payment	payment	NOUN
ftr-490	33	28	of	of	ADP
ftr-490	33	29	the	the	DET
ftr-490	33	30	debt	debt	NOUN
ftr-490	33	31	has	have	VERB
ftr-490	33	32	a	a	DET
ftr-490	33	33	value	value	NOUN
ftr-490	33	34	less	less	ADJ
ftr-490	33	35	than	than	ADP
ftr-490	33	36	the	the	DET
ftr-490	33	37	outstanding	outstanding	ADJ
ftr-490	33	38	indebtedness	indebtedness	NOUN
ftr-490	33	39	.	.	PUNCT
ftr-490	34	1	4	4	X
ftr-490	34	2	.	.	X
ftr-490	34	3	by	by	ADP
ftr-490	34	4	"	"	PUNCT
ftr-490	34	5	recourse	recourse	VERB
ftr-490	34	6	debt	debt	NOUN
ftr-490	34	7	"	"	PUNCT
ftr-490	34	8	i	i	PRON
ftr-490	34	9	generally	generally	ADV
ftr-490	34	10	mean	mean	VERB
ftr-490	34	11	a	a	DET
ftr-490	34	12	debt	debt	NOUN
ftr-490	34	13	for	for	ADP
ftr-490	34	14	which	which	PRON
ftr-490	34	15	the	the	DET
ftr-490	34	16	debtor	debtor	NOUN
ftr-490	34	17	is	be	AUX
ftr-490	34	18	personally	personally	ADV
ftr-490	34	19	liable	liable	ADJ
ftr-490	34	20	for	for	ADP
ftr-490	34	21	the	the	DET
ftr-490	34	22	amount	amount	NOUN
ftr-490	34	23	of	of	ADP
ftr-490	34	24	the	the	DET
ftr-490	34	25	debt	debt	NOUN
ftr-490	34	26	.	.	PUNCT
ftr-490	35	1	[	[	X
ftr-490	35	2	vol	vol	NOUN
ftr-490	35	3	1:3	1:3	NUM
ftr-490	35	4	tufts	tuft	NOUN
ftr-490	35	5	and	and	CCONJ
ftr-490	35	6	the	the	DET
ftr-490	35	7	evolution	evolution	NOUN
ftr-490	35	8	of	of	ADP
ftr-490	35	9	debt	debt	NOUN
ftr-490	35	10	-	-	PUNCT
ftr-490	35	11	discharge	discharge	NOUN
ftr-490	35	12	theory	theory	NOUN
ftr-490	35	13	the	the	DET
ftr-490	35	14	property	property	NOUN
ftr-490	35	15	disposition	disposition	NOUN
ftr-490	35	16	under	under	ADP
ftr-490	35	17	section	section	NOUN
ftr-490	35	18	1001	1001	NUM
ftr-490	35	19	)	)	PUNCT
ftr-490	35	20	,	,	PUNCT
ftr-490	35	21	and	and	CCONJ
ftr-490	35	22	the	the	DET
ftr-490	35	23	sale	sale	NOUN
ftr-490	35	24	proceeds	proceed	NOUN
ftr-490	35	25	are	be	AUX
ftr-490	35	26	then	then	ADV
ftr-490	35	27	considered	consider	VERB
ftr-490	35	28	used	use	VERB
ftr-490	35	29	to	to	PART
ftr-490	35	30	settle	settle	VERB
ftr-490	35	31	the	the	DET
ftr-490	35	32	outstanding	outstanding	ADJ
ftr-490	35	33	indebtedness	indebtedness	NOUN
ftr-490	35	34	(	(	PUNCT
ftr-490	35	35	resulting	result	VERB
ftr-490	35	36	in	in	ADP
ftr-490	35	37	the	the	DET
ftr-490	35	38	realization	realization	NOUN
ftr-490	35	39	of	of	ADP
ftr-490	35	40	income	income	NOUN
ftr-490	35	41	from	from	ADP
ftr-490	35	42	the	the	DET
ftr-490	35	43	discharge	discharge	NOUN
ftr-490	35	44	of	of	ADP
ftr-490	35	45	indebtedness	indebtedness	NOUN
ftr-490	35	46	under	under	ADP
ftr-490	35	47	section	section	NOUN
ftr-490	35	48	61(a)(12	61(a)(12	NUM
ftr-490	35	49	)	)	PUNCT
ftr-490	35	50	)	)	PUNCT
ftr-490	35	51	.	.	PUNCT
ftr-490	36	1	the	the	DET
ftr-490	36	2	authority	authority	NOUN
ftr-490	36	3	cited	cite	VERB
ftr-490	36	4	for	for	ADP
ftr-490	36	5	the	the	DET
ftr-490	36	6	bifurcated	bifurcated	ADJ
ftr-490	36	7	approach	approach	NOUN
ftr-490	36	8	is	be	AUX
ftr-490	36	9	a	a	DET
ftr-490	36	10	regulation	regulation	NOUN
ftr-490	36	11	which	which	PRON
ftr-490	36	12	provides	provide	VERB
ftr-490	36	13	:	:	PUNCT
ftr-490	36	14	"	"	PUNCT
ftr-490	36	15	the	the	DET
ftr-490	36	16	amount	amount	NOUN
ftr-490	36	17	realized	realize	VERB
ftr-490	36	18	on	on	ADP
ftr-490	36	19	a	a	DET
ftr-490	36	20	sale	sale	NOUN
ftr-490	36	21	or	or	CCONJ
ftr-490	36	22	other	other	ADJ
ftr-490	36	23	disposition	disposition	NOUN
ftr-490	36	24	of	of	ADP
ftr-490	36	25	property	property	NOUN
ftr-490	36	26	that	that	PRON
ftr-490	36	27	secures	secure	VERB
ftr-490	36	28	a	a	DET
ftr-490	36	29	recourse	recourse	NOUN
ftr-490	36	30	liability	liability	NOUN
ftr-490	36	31	does	do	AUX
ftr-490	36	32	not	not	PART
ftr-490	36	33	include	include	VERB
ftr-490	36	34	amounts	amount	NOUN
ftr-490	36	35	that	that	PRON
ftr-490	36	36	are	be	AUX
ftr-490	36	37	(	(	PUNCT
ftr-490	36	38	or	or	CCONJ
ftr-490	36	39	would	would	AUX
ftr-490	36	40	be	be	AUX
ftr-490	36	41	if	if	SCONJ
ftr-490	36	42	realized	realize	VERB
ftr-490	36	43	and	and	CCONJ
ftr-490	36	44	recognized	recognize	VERB
ftr-490	36	45	)	)	PUNCT
ftr-490	36	46	income	income	NOUN
ftr-490	36	47	from	from	ADP
ftr-490	36	48	the	the	DET
ftr-490	36	49	discharge	discharge	NOUN
ftr-490	36	50	of	of	ADP
ftr-490	36	51	indebtedness	indebtedness	NOUN
ftr-490	36	52	under	under	ADP
ftr-490	36	53	section	section	NOUN
ftr-490	36	54	61(a)(12	61(a)(12	NUM
ftr-490	36	55	)	)	PUNCT
ftr-490	36	56	.	.	PUNCT
ftr-490	36	57	"	"	PUNCT
ftr-490	37	1	the	the	DET
ftr-490	37	2	accompanying	accompany	VERB
ftr-490	37	3	example	example	NOUN
ftr-490	37	4	states	state	NOUN
ftr-490	37	5	:	:	PUNCT
ftr-490	37	6	in	in	ADP
ftr-490	37	7	1980	1980	NUM
ftr-490	37	8	,	,	PUNCT
ftr-490	37	9	f	f	PROPN
ftr-490	37	10	transfers	transfer	NOUN
ftr-490	37	11	to	to	ADP
ftr-490	37	12	a	a	DET
ftr-490	37	13	creditor	creditor	NOUN
ftr-490	37	14	an	an	DET
ftr-490	37	15	asset	asset	NOUN
ftr-490	37	16	with	with	ADP
ftr-490	37	17	a	a	DET
ftr-490	37	18	fair	fair	ADJ
ftr-490	37	19	market	market	NOUN
ftr-490	37	20	value	value	NOUN
ftr-490	37	21	of	of	ADP
ftr-490	37	22	$	$	SYM
ftr-490	37	23	6,000	6,000	NUM
ftr-490	37	24	and	and	CCONJ
ftr-490	37	25	the	the	DET
ftr-490	37	26	creditor	creditor	NOUN
ftr-490	37	27	discharges	discharge	VERB
ftr-490	37	28	$	$	SYM
ftr-490	37	29	7,500	7,500	NUM
ftr-490	37	30	of	of	ADP
ftr-490	37	31	indebtedness	indebtedness	NOUN
ftr-490	37	32	for	for	ADP
ftr-490	37	33	which	which	PRON
ftr-490	37	34	f	f	PROPN
ftr-490	37	35	is	be	AUX
ftr-490	37	36	personally	personally	ADV
ftr-490	37	37	liable	liable	ADJ
ftr-490	37	38	.	.	PUNCT
ftr-490	38	1	the	the	DET
ftr-490	38	2	amount	amount	NOUN
ftr-490	38	3	realized	realize	VERB
ftr-490	38	4	on	on	ADP
ftr-490	38	5	the	the	DET
ftr-490	38	6	disposition	disposition	NOUN
ftr-490	38	7	of	of	ADP
ftr-490	38	8	the	the	DET
ftr-490	38	9	asset	asset	NOUN
ftr-490	38	10	is	be	AUX
ftr-490	38	11	its	its	PRON
ftr-490	38	12	fair	fair	ADJ
ftr-490	38	13	market	market	NOUN
ftr-490	38	14	value	value	NOUN
ftr-490	38	15	(	(	PUNCT
ftr-490	38	16	$	$	SYM
ftr-490	38	17	6,000	6,000	NUM
ftr-490	38	18	)	)	PUNCT
ftr-490	38	19	.	.	PUNCT
ftr-490	39	1	in	in	ADP
ftr-490	39	2	addition	addition	NOUN
ftr-490	39	3	,	,	PUNCT
ftr-490	39	4	f	f	PROPN
ftr-490	39	5	has	have	VERB
ftr-490	39	6	income	income	NOUN
ftr-490	39	7	from	from	ADP
ftr-490	39	8	the	the	DET
ftr-490	39	9	discharge	discharge	NOUN
ftr-490	39	10	of	of	ADP
ftr-490	39	11	indebtedness	indebtedness	NOUN
ftr-490	39	12	of	of	ADP
ftr-490	39	13	$	$	SYM
ftr-490	39	14	1,500	1,500	NUM
ftr-490	39	15	(	(	PUNCT
ftr-490	39	16	$	$	SYM
ftr-490	39	17	7,500-$6,000).6	7,500-$6,000).6	NOUN
ftr-490	39	18	thus	thus	ADV
ftr-490	39	19	,	,	PUNCT
ftr-490	39	20	with	with	ADP
ftr-490	39	21	a	a	DET
ftr-490	39	22	recourse	recourse	NOUN
ftr-490	39	23	mortgage	mortgage	NOUN
ftr-490	39	24	our	our	PRON
ftr-490	39	25	debtor	debtor	NOUN
ftr-490	39	26	would	would	AUX
ftr-490	39	27	realize	realize	VERB
ftr-490	39	28	a	a	DET
ftr-490	39	29	$	$	SYM
ftr-490	39	30	30,000	30,000	NUM
ftr-490	39	31	nondeductible	nondeductible	ADJ
ftr-490	39	32	personal	personal	ADJ
ftr-490	39	33	loss	loss	NOUN
ftr-490	39	34	on	on	ADP
ftr-490	39	35	the	the	DET
ftr-490	39	36	property	property	NOUN
ftr-490	39	37	disposition	disposition	NOUN
ftr-490	39	38	"	"	PUNCT
ftr-490	39	39	and	and	CCONJ
ftr-490	39	40	$	$	SYM
ftr-490	39	41	22,000	22,000	NUM
ftr-490	39	42	of	of	ADP
ftr-490	39	43	ordinary	ordinary	ADJ
ftr-490	39	44	income	income	NOUN
ftr-490	39	45	resulting	result	VERB
ftr-490	39	46	from	from	ADP
ftr-490	39	47	the	the	DET
ftr-490	39	48	discharge	discharge	NOUN
ftr-490	39	49	of	of	ADP
ftr-490	39	50	indebtedness	indebtedness	NOUN
ftr-490	39	51	.	.	PUNCT
ftr-490	39	52	'	'	PUNCT
ftr-490	40	1	5	5	NUM
ftr-490	40	2	.	.	PUNCT
ftr-490	40	3	regs	reg	NOUN
ftr-490	40	4	.	.	PUNCT
ftr-490	41	1	§	§	PROPN
ftr-490	41	2	1.1001	1.1001	NUM
ftr-490	41	3	-	-	PUNCT
ftr-490	41	4	2(a)(2	2(a)(2	NUM
ftr-490	41	5	)	)	PUNCT
ftr-490	41	6	.	.	PUNCT
ftr-490	42	1	6	6	X
ftr-490	42	2	.	.	X
ftr-490	42	3	regs	reg	NOUN
ftr-490	42	4	.	.	PUNCT
ftr-490	43	1	§	§	PROPN
ftr-490	43	2	1.1001	1.1001	NUM
ftr-490	43	3	-	-	SYM
ftr-490	43	4	2(c	2(c	NUM
ftr-490	43	5	)	)	PUNCT
ftr-490	43	6	,	,	PUNCT
ftr-490	43	7	ex	ex	NOUN
ftr-490	43	8	.	.	NOUN
ftr-490	43	9	8	8	NUM
ftr-490	43	10	.	.	PUNCT
ftr-490	44	1	if	if	SCONJ
ftr-490	44	2	property	property	NOUN
ftr-490	44	3	is	be	AUX
ftr-490	44	4	sold	sell	VERB
ftr-490	44	5	in	in	ADP
ftr-490	44	6	foreclosure	foreclosure	NOUN
ftr-490	44	7	for	for	ADP
ftr-490	44	8	less	less	ADJ
ftr-490	44	9	than	than	ADP
ftr-490	44	10	the	the	DET
ftr-490	44	11	full	full	ADJ
ftr-490	44	12	amount	amount	NOUN
ftr-490	44	13	of	of	ADP
ftr-490	44	14	an	an	DET
ftr-490	44	15	outstanding	outstanding	ADJ
ftr-490	44	16	recourse	recourse	NOUN
ftr-490	44	17	liability	liability	NOUN
ftr-490	44	18	and	and	CCONJ
ftr-490	44	19	the	the	DET
ftr-490	44	20	creditor	creditor	NOUN
ftr-490	44	21	does	do	AUX
ftr-490	44	22	not	not	PART
ftr-490	44	23	abandon	abandon	VERB
ftr-490	44	24	its	its	PRON
ftr-490	44	25	rights	right	NOUN
ftr-490	44	26	to	to	PART
ftr-490	44	27	collect	collect	VERB
ftr-490	44	28	the	the	DET
ftr-490	44	29	deficiency	deficiency	NOUN
ftr-490	44	30	,	,	PUNCT
ftr-490	44	31	the	the	DET
ftr-490	44	32	debtor	debtor	NOUN
ftr-490	44	33	's	's	PART
ftr-490	44	34	amount	amount	NOUN
ftr-490	44	35	realized	realize	VERB
ftr-490	44	36	for	for	ADP
ftr-490	44	37	purposes	purpose	NOUN
ftr-490	44	38	of	of	ADP
ftr-490	44	39	calculating	calculate	VERB
ftr-490	44	40	gain	gain	NOUN
ftr-490	44	41	or	or	CCONJ
ftr-490	44	42	loss	loss	NOUN
ftr-490	44	43	under	under	ADP
ftr-490	44	44	section	section	NOUN
ftr-490	44	45	1001(a	1001(a	NOUN
ftr-490	44	46	)	)	PUNCT
ftr-490	44	47	equals	equal	VERB
ftr-490	44	48	the	the	DET
ftr-490	44	49	proceeds	proceed	NOUN
ftr-490	44	50	received	receive	VERB
ftr-490	44	51	in	in	ADP
ftr-490	44	52	the	the	DET
ftr-490	44	53	sale	sale	NOUN
ftr-490	44	54	.	.	PUNCT
ftr-490	45	1	if	if	SCONJ
ftr-490	45	2	the	the	DET
ftr-490	45	3	creditor	creditor	NOUN
ftr-490	45	4	eventually	eventually	ADV
ftr-490	45	5	abandons	abandon	VERB
ftr-490	45	6	its	its	PRON
ftr-490	45	7	claims	claim	NOUN
ftr-490	45	8	regarding	regard	VERB
ftr-490	45	9	the	the	DET
ftr-490	45	10	deficiency	deficiency	NOUN
ftr-490	45	11	,	,	PUNCT
ftr-490	45	12	the	the	DET
ftr-490	45	13	debtor	debtor	NOUN
ftr-490	45	14	will	will	AUX
ftr-490	45	15	be	be	AUX
ftr-490	45	16	charged	charge	VERB
ftr-490	45	17	with	with	ADP
ftr-490	45	18	cancellation	cancellation	NOUN
ftr-490	45	19	-	-	PUNCT
ftr-490	45	20	ofindebtedness	ofindebtedness	NOUN
ftr-490	45	21	income	income	NOUN
ftr-490	45	22	(	(	PUNCT
ftr-490	45	23	"	"	PUNCT
ftr-490	45	24	cod	cod	NOUN
ftr-490	45	25	income	income	NOUN
ftr-490	45	26	"	"	PUNCT
ftr-490	45	27	)	)	PUNCT
ftr-490	45	28	at	at	ADP
ftr-490	45	29	that	that	DET
ftr-490	45	30	time	time	NOUN
ftr-490	45	31	.	.	PUNCT
ftr-490	46	1	if	if	SCONJ
ftr-490	46	2	the	the	DET
ftr-490	46	3	debtor	debtor	NOUN
ftr-490	46	4	pays	pay	VERB
ftr-490	46	5	the	the	DET
ftr-490	46	6	deficiency	deficiency	NOUN
ftr-490	46	7	in	in	ADP
ftr-490	46	8	full	full	ADJ
ftr-490	46	9	,	,	PUNCT
ftr-490	46	10	cod	cod	NOUN
ftr-490	46	11	income	income	NOUN
ftr-490	46	12	is	be	AUX
ftr-490	46	13	avoided	avoid	VERB
ftr-490	46	14	.	.	PUNCT
ftr-490	47	1	see	see	VERB
ftr-490	47	2	aizawa	aizawa	PROPN
ftr-490	47	3	v.	v.	PROPN
ftr-490	47	4	commissioner	commissioner	PROPN
ftr-490	47	5	,	,	PUNCT
ftr-490	47	6	99	99	NUM
ftr-490	47	7	t.c	t.c	PROPN
ftr-490	47	8	.	.	PUNCT
ftr-490	48	1	no	no	INTJ
ftr-490	48	2	.	.	NOUN
ftr-490	49	1	10	10	NUM
ftr-490	49	2	at	at	ADP
ftr-490	49	3	48.401	48.401	NUM
ftr-490	49	4	(	(	PUNCT
ftr-490	49	5	cch	cch	PROPN
ftr-490	49	6	)	)	PUNCT
ftr-490	49	7	,	,	PUNCT
ftr-490	49	8	9,910	9,910	NUM
ftr-490	49	9	(	(	PUNCT
ftr-490	49	10	p	p	NOUN
ftr-490	49	11	-	-	PUNCT
ftr-490	49	12	h	h	NOUN
ftr-490	49	13	)	)	PUNCT
ftr-490	49	14	(	(	PUNCT
ftr-490	49	15	aug	aug	PROPN
ftr-490	49	16	.	.	PROPN
ftr-490	49	17	6	6	NUM
ftr-490	49	18	,	,	PUNCT
ftr-490	49	19	1992	1992	NUM
ftr-490	49	20	)	)	PUNCT
ftr-490	49	21	.	.	PUNCT
ftr-490	50	1	this	this	DET
ftr-490	50	2	separation	separation	NOUN
ftr-490	50	3	of	of	ADP
ftr-490	50	4	the	the	DET
ftr-490	50	5	tax	tax	NOUN
ftr-490	50	6	consequences	consequence	NOUN
ftr-490	50	7	of	of	ADP
ftr-490	50	8	the	the	DET
ftr-490	50	9	sale	sale	NOUN
ftr-490	50	10	from	from	ADP
ftr-490	50	11	the	the	DET
ftr-490	50	12	tax	tax	NOUN
ftr-490	50	13	consequences	consequence	NOUN
ftr-490	50	14	of	of	ADP
ftr-490	50	15	the	the	DET
ftr-490	50	16	debt	debt	NOUN
ftr-490	50	17	is	be	AUX
ftr-490	50	18	consistent	consistent	ADJ
ftr-490	50	19	with	with	ADP
ftr-490	50	20	the	the	DET
ftr-490	50	21	bifurcated	bifurcated	ADJ
ftr-490	50	22	approach	approach	NOUN
ftr-490	50	23	.	.	PUNCT
ftr-490	51	1	7	7	X
ftr-490	51	2	.	.	X
ftr-490	51	3	the	the	DET
ftr-490	51	4	difference	difference	NOUN
ftr-490	51	5	between	between	ADP
ftr-490	51	6	the	the	DET
ftr-490	51	7	fair	fair	ADJ
ftr-490	51	8	market	market	NOUN
ftr-490	51	9	value	value	NOUN
ftr-490	51	10	of	of	ADP
ftr-490	51	11	the	the	DET
ftr-490	51	12	residence	residence	NOUN
ftr-490	51	13	(	(	PUNCT
ftr-490	51	14	s100,000	s100,000	PROPN
ftr-490	51	15	)	)	PUNCT
ftr-490	51	16	and	and	CCONJ
ftr-490	51	17	the	the	DET
ftr-490	51	18	taxpayer	taxpayer	NOUN
ftr-490	51	19	's	's	PART
ftr-490	51	20	cost	cost	NOUN
ftr-490	51	21	basis	basis	NOUN
ftr-490	51	22	(	(	PUNCT
ftr-490	51	23	$	$	SYM
ftr-490	51	24	130,000	130,000	NUM
ftr-490	51	25	)	)	PUNCT
ftr-490	51	26	produces	produce	VERB
ftr-490	51	27	a	a	DET
ftr-490	51	28	$	$	SYM
ftr-490	51	29	30,000	30,000	NUM
ftr-490	51	30	realized	realize	VERB
ftr-490	51	31	capital	capital	NOUN
ftr-490	51	32	loss	loss	NOUN
ftr-490	51	33	under	under	ADP
ftr-490	51	34	sections	section	NOUN
ftr-490	51	35	1001	1001	NUM
ftr-490	51	36	and	and	CCONJ
ftr-490	51	37	1221	1221	NUM
ftr-490	51	38	.	.	PUNCT
ftr-490	52	1	because	because	SCONJ
ftr-490	52	2	the	the	DET
ftr-490	52	3	loss	loss	NOUN
ftr-490	52	4	arises	arise	VERB
ftr-490	52	5	on	on	ADP
ftr-490	52	6	the	the	DET
ftr-490	52	7	disposition	disposition	NOUN
ftr-490	52	8	of	of	ADP
ftr-490	52	9	a	a	DET
ftr-490	52	10	personal	personal	ADJ
ftr-490	52	11	-	-	PUNCT
ftr-490	52	12	use	use	NOUN
ftr-490	52	13	asset	asset	NOUN
ftr-490	52	14	,	,	PUNCT
ftr-490	52	15	the	the	DET
ftr-490	52	16	loss	loss	NOUN
ftr-490	52	17	is	be	AUX
ftr-490	52	18	nondeductible	nondeductible	ADJ
ftr-490	52	19	.	.	PUNCT
ftr-490	53	1	irc	irc	VERB
ftr-490	53	2	§	§	ADJ
ftr-490	53	3	165(a	165(a	NOUN
ftr-490	53	4	)	)	PUNCT
ftr-490	53	5	and	and	CCONJ
ftr-490	53	6	(	(	PUNCT
ftr-490	53	7	c	c	NOUN
ftr-490	53	8	)	)	PUNCT
ftr-490	53	9	.	.	PUNCT
ftr-490	54	1	8	8	X
ftr-490	54	2	.	.	PUNCT
ftr-490	55	1	the	the	DET
ftr-490	55	2	difference	difference	NOUN
ftr-490	55	3	between	between	ADP
ftr-490	55	4	the	the	DET
ftr-490	55	5	fair	fair	ADJ
ftr-490	55	6	market	market	NOUN
ftr-490	55	7	value	value	NOUN
ftr-490	55	8	of	of	ADP
ftr-490	55	9	the	the	DET
ftr-490	55	10	asset	asset	NOUN
ftr-490	55	11	transferred	transfer	VERB
ftr-490	55	12	in	in	ADP
ftr-490	55	13	payment	payment	NOUN
ftr-490	55	14	of	of	ADP
ftr-490	55	15	the	the	DET
ftr-490	55	16	debt	debt	NOUN
ftr-490	55	17	(	(	PUNCT
ftr-490	55	18	$	$	SYM
ftr-490	55	19	100,000	100,000	NUM
ftr-490	55	20	)	)	PUNCT
ftr-490	55	21	and	and	CCONJ
ftr-490	55	22	the	the	DET
ftr-490	55	23	amount	amount	NOUN
ftr-490	55	24	of	of	ADP
ftr-490	55	25	the	the	DET
ftr-490	55	26	debt	debt	NOUN
ftr-490	55	27	discharged	discharge	VERB
ftr-490	55	28	on	on	ADP
ftr-490	55	29	the	the	DET
ftr-490	55	30	transfer	transfer	NOUN
ftr-490	55	31	(	(	PUNCT
ftr-490	55	32	$	$	SYM
ftr-490	55	33	122,000	122,000	NUM
ftr-490	55	34	)	)	PUNCT
ftr-490	55	35	produces	produce	VERB
ftr-490	55	36	$	$	SYM
ftr-490	55	37	22,000	22,000	NUM
ftr-490	55	38	of	of	ADP
ftr-490	55	39	ordinary	ordinary	ADJ
ftr-490	55	40	income	income	NOUN
ftr-490	55	41	under	under	ADP
ftr-490	55	42	section	section	NOUN
ftr-490	55	43	61(a)(12	61(a)(12	NUM
ftr-490	55	44	)	)	PUNCT
ftr-490	55	45	which	which	PRON
ftr-490	55	46	must	must	AUX
ftr-490	55	47	be	be	AUX
ftr-490	55	48	recognized	recognize	VERB
ftr-490	55	49	immediately	immediately	ADV
ftr-490	55	50	unless	unless	SCONJ
ftr-490	55	51	,	,	PUNCT
ftr-490	55	52	in	in	ADP
ftr-490	55	53	general	general	ADJ
ftr-490	55	54	,	,	PUNCT
ftr-490	55	55	the	the	DET
ftr-490	55	56	debtor	debtor	NOUN
ftr-490	55	57	has	have	AUX
ftr-490	55	58	filed	file	VERB
ftr-490	55	59	bankruptcy	bankruptcy	NOUN
ftr-490	55	60	under	under	ADP
ftr-490	55	61	title	title	PROPN
ftr-490	55	62	ii	ii	PROPN
ftr-490	55	63	of	of	ADP
ftr-490	55	64	the	the	DET
ftr-490	55	65	united	united	PROPN
ftr-490	55	66	states	states	PROPN
ftr-490	55	67	code	code	PROPN
ftr-490	55	68	or	or	CCONJ
ftr-490	55	69	is	be	AUX
ftr-490	55	70	insolvent	insolvent	ADJ
ftr-490	55	71	.	.	PUNCT
ftr-490	56	1	see	see	VERB
ftr-490	56	2	irc	irc	PROPN
ftr-490	56	3	§	§	PROPN
ftr-490	56	4	108(a)(1	108(a)(1	NUM
ftr-490	56	5	)	)	PUNCT
ftr-490	56	6	.	.	PUNCT
ftr-490	57	1	in	in	ADP
ftr-490	57	2	the	the	DET
ftr-490	57	3	event	event	NOUN
ftr-490	57	4	of	of	ADP
ftr-490	57	5	either	either	DET
ftr-490	57	6	bankruptcy	bankruptcy	NOUN
ftr-490	57	7	or	or	CCONJ
ftr-490	57	8	insolvency	insolvency	NOUN
ftr-490	57	9	,	,	PUNCT
ftr-490	57	10	the	the	DET
ftr-490	57	11	debtor	debtor	NOUN
ftr-490	57	12	pays	pay	VERB
ftr-490	57	13	the	the	DET
ftr-490	57	14	tax	tax	NOUN
ftr-490	57	15	due	due	ADP
ftr-490	57	16	on	on	ADP
ftr-490	57	17	the	the	DET
ftr-490	57	18	cod	cod	NOUN
ftr-490	57	19	income	income	NOUN
ftr-490	57	20	more	more	ADV
ftr-490	57	21	slowly	slowly	ADV
ftr-490	57	22	over	over	ADP
ftr-490	57	23	time	time	NOUN
ftr-490	57	24	(	(	PUNCT
ftr-490	57	25	presumably	presumably	ADV
ftr-490	57	26	when	when	SCONJ
ftr-490	57	27	the	the	DET
ftr-490	57	28	taxpayer	taxpayer	NOUN
ftr-490	57	29	is	be	AUX
ftr-490	57	30	in	in	ADP
ftr-490	57	31	a	a	DET
ftr-490	57	32	better	well	ADJ
ftr-490	57	33	financial	financial	ADJ
ftr-490	57	34	condition	condition	NOUN
ftr-490	57	35	)	)	PUNCT
ftr-490	57	36	through	through	ADP
ftr-490	57	37	reduction	reduction	NOUN
ftr-490	57	38	of	of	ADP
ftr-490	57	39	favorable	favorable	ADJ
ftr-490	57	40	tax	tax	NOUN
ftr-490	57	41	attributes	attribute	NOUN
ftr-490	57	42	or	or	CCONJ
ftr-490	57	43	of	of	ADP
ftr-490	57	44	basis	basis	NOUN
ftr-490	57	45	of	of	ADP
ftr-490	57	46	depreciable	depreciable	ADJ
ftr-490	57	47	property	property	NOUN
ftr-490	57	48	owned	own	VERB
ftr-490	57	49	by	by	ADP
ftr-490	57	50	the	the	DET
ftr-490	57	51	debtor	debtor	NOUN
ftr-490	57	52	.	.	PUNCT
ftr-490	58	1	see	see	VERB
ftr-490	58	2	irc	irc	PROPN
ftr-490	58	3	§	§	PROPN
ftr-490	58	4	§	§	PROPN
ftr-490	58	5	108(b	108(b	PROPN
ftr-490	58	6	)	)	PUNCT
ftr-490	58	7	,	,	PUNCT
ftr-490	58	8	1017	1017	NUM
ftr-490	58	9	.	.	PUNCT
ftr-490	59	1	of	of	ADP
ftr-490	59	2	course	course	NOUN
ftr-490	59	3	,	,	PUNCT
ftr-490	59	4	deferral	deferral	ADJ
ftr-490	59	5	by	by	ADP
ftr-490	59	6	itself	itself	PRON
ftr-490	59	7	results	result	NOUN
ftr-490	59	8	in	in	ADP
ftr-490	59	9	partial	partial	ADJ
ftr-490	59	10	forgiveness	forgiveness	NOUN
ftr-490	59	11	because	because	SCONJ
ftr-490	59	12	of	of	ADP
ftr-490	59	13	the	the	DET
ftr-490	59	14	time	time	NOUN
ftr-490	59	15	value	value	NOUN
ftr-490	59	16	of	of	ADP
ftr-490	59	17	money	money	NOUN
ftr-490	59	18	.	.	PUNCT
ftr-490	60	1	see	see	VERB
ftr-490	60	2	charlotte	charlotte	PROPN
ftr-490	60	3	crane	crane	PROPN
ftr-490	60	4	,	,	PUNCT
ftr-490	60	5	more	more	ADJ
ftr-490	60	6	theory	theory	NOUN
ftr-490	60	7	about	about	ADP
ftr-490	60	8	debt	debt	NOUN
ftr-490	60	9	discharge	discharge	NOUN
ftr-490	60	10	income	income	NOUN
ftr-490	60	11	.	.	PUNCT
ftr-490	61	1	8	8	NUM
ftr-490	61	2	am	be	AUX
ftr-490	61	3	.	.	PUNCT
ftr-490	62	1	j.	j.	PROPN
ftr-490	62	2	tax	tax	PROPN
ftr-490	62	3	pol'y	pol'y	NOUN
ftr-490	62	4	107	107	NUM
ftr-490	62	5	,	,	PUNCT
ftr-490	62	6	109	109	NUM
ftr-490	62	7	-	-	SYM
ftr-490	62	8	11	11	NUM
ftr-490	62	9	(	(	PUNCT
ftr-490	62	10	1989	1989	NUM
ftr-490	62	11	)	)	PUNCT
ftr-490	62	12	(	(	PUNCT
ftr-490	62	13	describing	describe	VERB
ftr-490	62	14	the	the	DET
ftr-490	62	15	value	value	NOUN
ftr-490	62	16	of	of	ADP
ftr-490	62	17	tax	tax	NOUN
ftr-490	62	18	deferral	deferral	NOUN
ftr-490	62	19	on	on	ADP
ftr-490	62	20	the	the	DET
ftr-490	62	21	reduction	reduction	NOUN
ftr-490	62	22	of	of	ADP
ftr-490	62	23	property	property	NOUN
ftr-490	62	24	basis	basis	NOUN
ftr-490	62	25	in	in	ADP
ftr-490	62	26	lieu	lieu	NOUN
ftr-490	62	27	of	of	ADP
ftr-490	62	28	immediate	immediate	ADJ
ftr-490	62	29	recognition	recognition	NOUN
ftr-490	62	30	of	of	ADP
ftr-490	62	31	cod	cod	PROPN
ftr-490	62	32	income	income	NOUN
ftr-490	62	33	)	)	PUNCT
ftr-490	62	34	.	.	PUNCT
ftr-490	63	1	the	the	DET
ftr-490	63	2	only	only	ADJ
ftr-490	63	3	instance	instance	NOUN
ftr-490	63	4	in	in	ADP
ftr-490	63	5	which	which	PRON
ftr-490	63	6	the	the	DET
ftr-490	63	7	exclusion	exclusion	NOUN
ftr-490	63	8	provided	provide	VERB
ftr-490	63	9	in	in	ADP
ftr-490	63	10	section	section	NOUN
ftr-490	63	11	108(a	108(a	NUM
ftr-490	63	12	)	)	PUNCT
ftr-490	63	13	was	be	AUX
ftr-490	63	14	intended	intend	VERB
ftr-490	63	15	by	by	ADP
ftr-490	63	16	congress	congress	PROPN
ftr-490	63	17	to	to	PART
ftr-490	63	18	result	result	VERB
ftr-490	63	19	in	in	ADP
ftr-490	63	20	complete	complete	ADJ
ftr-490	63	21	19921	19921	NUM
ftr-490	63	22	florida	florida	PROPN
ftr-490	63	23	tax	tax	NOUN
ftr-490	63	24	review	review	NOUN
ftr-490	63	25	forgiveness	forgiveness	NOUN
ftr-490	63	26	is	be	AUX
ftr-490	63	27	that	that	ADV
ftr-490	63	28	rare	rare	ADJ
ftr-490	63	29	one	one	NUM
ftr-490	63	30	in	in	ADP
ftr-490	63	31	which	which	PRON
ftr-490	63	32	the	the	DET
ftr-490	63	33	taxpayer	taxpayer	NOUN
ftr-490	63	34	has	have	VERB
ftr-490	63	35	none	none	NOUN
ftr-490	63	36	of	of	ADP
ftr-490	63	37	the	the	DET
ftr-490	63	38	tax	tax	NOUN
ftr-490	63	39	attributes	attribute	NOUN
ftr-490	63	40	listed	list	VERB
ftr-490	63	41	and	and	CCONJ
ftr-490	63	42	owns	own	VERB
ftr-490	63	43	no	no	DET
ftr-490	63	44	property	property	NOUN
ftr-490	63	45	the	the	DET
ftr-490	63	46	basis	basis	NOUN
ftr-490	63	47	of	of	ADP
ftr-490	63	48	which	which	PRON
ftr-490	63	49	could	could	AUX
ftr-490	63	50	be	be	AUX
ftr-490	63	51	reduced	reduce	VERB
ftr-490	63	52	.	.	PUNCT
ftr-490	64	1	the	the	DET
ftr-490	64	2	general	general	ADJ
ftr-490	64	3	intent	intent	NOUN
ftr-490	64	4	of	of	ADP
ftr-490	64	5	the	the	DET
ftr-490	64	6	statute	statute	NOUN
ftr-490	64	7	is	be	AUX
ftr-490	64	8	not	not	PART
ftr-490	64	9	to	to	PART
ftr-490	64	10	forgive	forgive	VERB
ftr-490	64	11	the	the	DET
ftr-490	64	12	tax	tax	NOUN
ftr-490	64	13	but	but	CCONJ
ftr-490	64	14	rather	rather	ADV
ftr-490	64	15	merely	merely	ADV
ftr-490	64	16	to	to	PART
ftr-490	64	17	defer	defer	VERB
ftr-490	64	18	it	it	PRON
ftr-490	64	19	.	.	PUNCT
ftr-490	65	1	see	see	VERB
ftr-490	65	2	s.	s.	PROPN
ftr-490	65	3	rep	rep	PROPN
ftr-490	65	4	.	.	PROPN
ftr-490	65	5	no	no	PROPN
ftr-490	65	6	.	.	NOUN
ftr-490	65	7	1035	1035	NUM
ftr-490	65	8	,	,	PUNCT
ftr-490	65	9	96th	96th	ADJ
ftr-490	65	10	cong	cong	NOUN
ftr-490	65	11	.	.	PROPN
ftr-490	66	1	,	,	PUNCT
ftr-490	66	2	2d	2d	PROPN
ftr-490	66	3	sess	sess	NOUN
ftr-490	66	4	.	.	PUNCT
ftr-490	67	1	10	10	NUM
ftr-490	67	2	(	(	PUNCT
ftr-490	67	3	1980	1980	NUM
ftr-490	67	4	)	)	PUNCT
ftr-490	67	5	(	(	PUNCT
ftr-490	67	6	law	law	NOUN
ftr-490	67	7	was	be	AUX
ftr-490	67	8	intended	intend	VERB
ftr-490	67	9	"	"	PUNCT
ftr-490	67	10	to	to	PART
ftr-490	67	11	carry	carry	VERB
ftr-490	67	12	out	out	ADP
ftr-490	67	13	the	the	DET
ftr-490	67	14	congressional	congressional	ADJ
ftr-490	67	15	intent	intent	NOUN
ftr-490	67	16	of	of	ADP
ftr-490	67	17	deferring	deferring	NOUN
ftr-490	67	18	,	,	PUNCT
ftr-490	67	19	but	but	CCONJ
ftr-490	67	20	eventually	eventually	ADV
ftr-490	67	21	collecting	collect	VERB
ftr-490	67	22	within	within	ADP
ftr-490	67	23	a	a	DET
ftr-490	67	24	reasonable	reasonable	ADJ
ftr-490	67	25	period	period	NOUN
ftr-490	67	26	,	,	PUNCT
ftr-490	67	27	tax	tax	NOUN
ftr-490	67	28	on	on	ADP
ftr-490	67	29	ordinary	ordinary	ADJ
ftr-490	67	30	income	income	NOUN
ftr-490	67	31	realized	realize	VERB
ftr-490	67	32	from	from	ADP
ftr-490	67	33	debt	debt	NOUN
ftr-490	67	34	discharge	discharge	NOUN
ftr-490	67	35	"	"	PUNCT
ftr-490	67	36	)	)	PUNCT
ftr-490	67	37	.	.	PUNCT
ftr-490	68	1	the	the	DET
ftr-490	68	2	insolvency	insolvency	NOUN
ftr-490	68	3	exclusion	exclusion	NOUN
ftr-490	68	4	provided	provide	VERB
ftr-490	68	5	in	in	ADP
ftr-490	68	6	section	section	NOUN
ftr-490	68	7	108(a	108(a	NUM
ftr-490	68	8	)	)	PUNCT
ftr-490	68	9	differs	differ	VERB
ftr-490	68	10	dramatically	dramatically	ADV
ftr-490	68	11	from	from	ADP
ftr-490	68	12	the	the	DET
ftr-490	68	13	common	common	ADJ
ftr-490	68	14	-	-	PUNCT
ftr-490	68	15	law	law	NOUN
ftr-490	68	16	insolvency	insolvency	NOUN
ftr-490	68	17	exclusion	exclusion	NOUN
ftr-490	68	18	that	that	SCONJ
ftr-490	68	19	it	it	PRON
ftr-490	68	20	replaced	replace	VERB
ftr-490	68	21	which	which	PRON
ftr-490	68	22	was	be	AUX
ftr-490	68	23	developed	develop	VERB
ftr-490	68	24	by	by	ADP
ftr-490	68	25	the	the	DET
ftr-490	68	26	courts	court	NOUN
ftr-490	68	27	prior	prior	ADV
ftr-490	68	28	to	to	ADP
ftr-490	68	29	adoption	adoption	NOUN
ftr-490	68	30	of	of	ADP
ftr-490	68	31	current	current	ADJ
ftr-490	68	32	section	section	NOUN
ftr-490	68	33	108	108	NUM
ftr-490	68	34	as	as	ADP
ftr-490	68	35	part	part	NOUN
ftr-490	68	36	of	of	ADP
ftr-490	68	37	the	the	DET
ftr-490	68	38	bankruptcy	bankruptcy	NOUN
ftr-490	68	39	tax	tax	PROPN
ftr-490	68	40	act	act	NOUN
ftr-490	68	41	of	of	ADP
ftr-490	68	42	1980	1980	NUM
ftr-490	68	43	,	,	PUNCT
ftr-490	68	44	pub	pub	NOUN
ftr-490	68	45	.	.	PUNCT
ftr-490	69	1	l.	l.	PROPN
ftr-490	69	2	no	no	INTJ
ftr-490	69	3	.	.	PROPN
ftr-490	70	1	96	96	NUM
ftr-490	70	2	-	-	SYM
ftr-490	70	3	589	589	NUM
ftr-490	70	4	,	,	PUNCT
ftr-490	70	5	94	94	NUM
ftr-490	70	6	stat	stat	NOUN
ftr-490	70	7	.	.	PUNCT
ftr-490	71	1	3389	3389	NUM
ftr-490	71	2	(	(	PUNCT
ftr-490	71	3	1980	1980	NUM
ftr-490	71	4	)	)	PUNCT
ftr-490	71	5	.	.	PUNCT
ftr-490	72	1	the	the	DET
ftr-490	72	2	common	common	ADJ
ftr-490	72	3	-	-	PUNCT
ftr-490	72	4	law	law	NOUN
ftr-490	72	5	insolvency	insolvency	NOUN
ftr-490	72	6	exclusion	exclusion	NOUN
ftr-490	72	7	was	be	AUX
ftr-490	72	8	a	a	DET
ftr-490	72	9	complete	complete	ADJ
ftr-490	72	10	forgiveness	forgiveness	NOUN
ftr-490	72	11	provision	provision	NOUN
ftr-490	72	12	which	which	PRON
ftr-490	72	13	rested	rest	VERB
ftr-490	72	14	on	on	ADP
ftr-490	72	15	the	the	DET
ftr-490	72	16	cryptic	cryptic	ADJ
ftr-490	72	17	rationale	rationale	NOUN
ftr-490	72	18	given	give	VERB
ftr-490	72	19	by	by	ADP
ftr-490	72	20	justice	justice	NOUN
ftr-490	72	21	holmes	holmes	PROPN
ftr-490	72	22	in	in	ADP
ftr-490	72	23	united	united	PROPN
ftr-490	72	24	states	states	PROPN
ftr-490	72	25	v.	v.	PROPN
ftr-490	72	26	kirby	kirby	PROPN
ftr-490	72	27	lumber	lumber	PROPN
ftr-490	72	28	co.	co.	PROPN
ftr-490	72	29	,	,	PUNCT
ftr-490	72	30	284	284	NUM
ftr-490	72	31	u.s	u.s	PROPN
ftr-490	72	32	.	.	PROPN
ftr-490	72	33	1	1	NUM
ftr-490	72	34	(	(	PUNCT
ftr-490	72	35	1931	1931	NUM
ftr-490	72	36	)	)	PUNCT
ftr-490	72	37	,	,	PUNCT
ftr-490	72	38	the	the	DET
ftr-490	72	39	case	case	NOUN
ftr-490	72	40	that	that	PRON
ftr-490	72	41	established	establish	VERB
ftr-490	72	42	the	the	DET
ftr-490	72	43	general	general	ADJ
ftr-490	72	44	rule	rule	NOUN
ftr-490	72	45	that	that	SCONJ
ftr-490	72	46	the	the	DET
ftr-490	72	47	discharge	discharge	NOUN
ftr-490	72	48	of	of	ADP
ftr-490	72	49	indebtedness	indebtedness	NOUN
ftr-490	72	50	produces	produce	VERB
ftr-490	72	51	gross	gross	ADJ
ftr-490	72	52	income	income	NOUN
ftr-490	72	53	.	.	PUNCT
ftr-490	73	1	justice	justice	PROPN
ftr-490	73	2	holmes	holmes	PROPN
ftr-490	73	3	reasoned	reason	VERB
ftr-490	73	4	that	that	SCONJ
ftr-490	73	5	when	when	SCONJ
ftr-490	73	6	the	the	DET
ftr-490	73	7	taxpayer	taxpayer	NOUN
ftr-490	73	8	bought	buy	VERB
ftr-490	73	9	its	its	PRON
ftr-490	73	10	bonds	bond	NOUN
ftr-490	73	11	on	on	ADP
ftr-490	73	12	the	the	DET
ftr-490	73	13	market	market	NOUN
ftr-490	73	14	for	for	ADP
ftr-490	73	15	nearly	nearly	ADV
ftr-490	73	16	$	$	SYM
ftr-490	73	17	138,000	138,000	NUM
ftr-490	73	18	less	less	ADJ
ftr-490	73	19	than	than	ADP
ftr-490	73	20	their	their	PRON
ftr-490	73	21	face	face	NOUN
ftr-490	73	22	amount	amount	NOUN
ftr-490	73	23	,	,	PUNCT
ftr-490	73	24	"	"	PUNCT
ftr-490	73	25	it	it	PRON
ftr-490	73	26	made	make	VERB
ftr-490	73	27	available	available	ADJ
ftr-490	73	28	$	$	SYM
ftr-490	73	29	137,521.30	137,521.30	NUM
ftr-490	73	30	assets	asset	NOUN
ftr-490	73	31	previously	previously	ADV
ftr-490	73	32	offset	offset	VERB
ftr-490	73	33	by	by	ADP
ftr-490	73	34	the	the	DET
ftr-490	73	35	obligation	obligation	NOUN
ftr-490	73	36	of	of	ADP
ftr-490	73	37	bonds	bond	NOUN
ftr-490	73	38	now	now	ADV
ftr-490	73	39	extinct	extinct	ADJ
ftr-490	73	40	.	.	PUNCT
ftr-490	73	41	"	"	PUNCT
ftr-490	74	1	i	i	PRON
ftr-490	74	2	d.	d.	PROPN
ftr-490	74	3	at	at	ADP
ftr-490	74	4	3	3	NUM
ftr-490	74	5	.	.	PUNCT
ftr-490	75	1	later	late	ADJ
ftr-490	75	2	courts	court	NOUN
ftr-490	75	3	reasoned	reason	VERB
ftr-490	75	4	that	that	SCONJ
ftr-490	75	5	if	if	SCONJ
ftr-490	75	6	no	no	DET
ftr-490	75	7	assets	asset	NOUN
ftr-490	75	8	were	be	AUX
ftr-490	75	9	freed	free	VERB
ftr-490	75	10	from	from	ADP
ftr-490	75	11	liabilities	liability	NOUN
ftr-490	75	12	as	as	ADP
ftr-490	75	13	a	a	DET
ftr-490	75	14	result	result	NOUN
ftr-490	75	15	of	of	ADP
ftr-490	75	16	the	the	DET
ftr-490	75	17	discharge	discharge	NOUN
ftr-490	75	18	,	,	PUNCT
ftr-490	75	19	as	as	ADP
ftr-490	75	20	in	in	ADP
ftr-490	75	21	the	the	DET
ftr-490	75	22	case	case	NOUN
ftr-490	75	23	of	of	ADP
ftr-490	75	24	an	an	DET
ftr-490	75	25	insolvent	insolvent	ADJ
ftr-490	75	26	taxpayer	taxpayer	NOUN
ftr-490	75	27	who	who	PRON
ftr-490	75	28	is	be	AUX
ftr-490	75	29	not	not	PART
ftr-490	75	30	made	make	VERB
ftr-490	75	31	solvent	solvent	NOUN
ftr-490	75	32	by	by	ADP
ftr-490	75	33	the	the	DET
ftr-490	75	34	discharge	discharge	NOUN
ftr-490	75	35	,	,	PUNCT
ftr-490	75	36	then	then	ADV
ftr-490	75	37	no	no	DET
ftr-490	75	38	income	income	NOUN
ftr-490	75	39	is	be	AUX
ftr-490	75	40	even	even	ADV
ftr-490	75	41	realized	realize	VERB
ftr-490	75	42	.	.	PUNCT
ftr-490	76	1	by	by	ADP
ftr-490	76	2	1980	1980	NUM
ftr-490	76	3	,	,	PUNCT
ftr-490	76	4	the	the	DET
ftr-490	76	5	freeing	free	VERB
ftr-490	76	6	-	-	PUNCT
ftr-490	76	7	up	up	ADP
ftr-490	76	8	-	-	PUNCT
ftr-490	76	9	of	of	ADP
ftr-490	76	10	-	-	PUNCT
ftr-490	76	11	assets	asset	NOUN
ftr-490	76	12	rationale	rationale	NOUN
ftr-490	76	13	had	have	AUX
ftr-490	76	14	gone	go	VERB
ftr-490	76	15	by	by	ADP
ftr-490	76	16	the	the	DET
ftr-490	76	17	wayside	wayside	NOUN
ftr-490	76	18	;	;	PUNCT
ftr-490	76	19	most	most	ADJ
ftr-490	76	20	commentators	commentator	NOUN
ftr-490	76	21	argued	argue	VERB
ftr-490	76	22	that	that	SCONJ
ftr-490	76	23	the	the	DET
ftr-490	76	24	rationale	rationale	NOUN
ftr-490	76	25	underlying	underlie	VERB
ftr-490	76	26	the	the	DET
ftr-490	76	27	general	general	ADJ
ftr-490	76	28	rule	rule	NOUN
ftr-490	76	29	that	that	SCONJ
ftr-490	76	30	income	income	NOUN
ftr-490	76	31	is	be	AUX
ftr-490	76	32	realized	realize	VERB
ftr-490	76	33	on	on	ADP
ftr-490	76	34	the	the	DET
ftr-490	76	35	forgiveness	forgiveness	NOUN
ftr-490	76	36	of	of	ADP
ftr-490	76	37	debt	debt	NOUN
ftr-490	76	38	is	be	AUX
ftr-490	76	39	simple	simple	ADJ
ftr-490	76	40	symmetry	symmetry	NOUN
ftr-490	76	41	.	.	PUNCT
ftr-490	77	1	see	see	VERB
ftr-490	77	2	infra	infra	NOUN
ftr-490	77	3	notes	note	VERB
ftr-490	77	4	81	81	NUM
ftr-490	77	5	-	-	SYM
ftr-490	77	6	117	117	NUM
ftr-490	77	7	and	and	CCONJ
ftr-490	77	8	accompanying	accompany	VERB
ftr-490	77	9	text	text	NOUN
ftr-490	77	10	(	(	PUNCT
ftr-490	77	11	discussing	discuss	VERB
ftr-490	77	12	current	current	ADJ
ftr-490	77	13	rationale	rationale	NOUN
ftr-490	77	14	in	in	ADP
ftr-490	77	15	more	more	ADJ
ftr-490	77	16	detail	detail	NOUN
ftr-490	77	17	)	)	PUNCT
ftr-490	77	18	.	.	PUNCT
ftr-490	78	1	because	because	SCONJ
ftr-490	78	2	the	the	DET
ftr-490	78	3	loan	loan	NOUN
ftr-490	78	4	amount	amount	NOUN
ftr-490	78	5	is	be	AUX
ftr-490	78	6	excluded	exclude	VERB
ftr-490	78	7	on	on	ADP
ftr-490	78	8	receipt	receipt	NOUN
ftr-490	78	9	on	on	ADP
ftr-490	78	10	the	the	DET
ftr-490	78	11	theory	theory	NOUN
ftr-490	78	12	that	that	SCONJ
ftr-490	78	13	there	there	PRON
ftr-490	78	14	is	be	VERB
ftr-490	78	15	no	no	DET
ftr-490	78	16	"	"	PUNCT
ftr-490	78	17	accession	accession	NOUN
ftr-490	78	18	[	[	X
ftr-490	78	19	]	]	X
ftr-490	78	20	to	to	ADP
ftr-490	78	21	wealth	wealth	NOUN
ftr-490	78	22	"	"	PUNCT
ftr-490	78	23	over	over	ADP
ftr-490	78	24	which	which	PRON
ftr-490	78	25	the	the	DET
ftr-490	78	26	taxpayer	taxpayer	NOUN
ftr-490	78	27	has	have	VERB
ftr-490	78	28	"	"	PUNCT
ftr-490	78	29	complete	complete	ADJ
ftr-490	78	30	dominion	dominion	NOUN
ftr-490	78	31	,	,	PUNCT
ftr-490	78	32	"	"	PUNCT
ftr-490	78	33	commissioner	commissioner	NOUN
ftr-490	78	34	v.	v.	PROPN
ftr-490	78	35	glenshaw	glenshaw	PROPN
ftr-490	78	36	glass	glass	PROPN
ftr-490	78	37	co.	co.	PROPN
ftr-490	78	38	,	,	PUNCT
ftr-490	78	39	348	348	NUM
ftr-490	78	40	u.s	u.s	PROPN
ftr-490	78	41	.	.	PROPN
ftr-490	78	42	426	426	NUM
ftr-490	78	43	,	,	PUNCT
ftr-490	78	44	431	431	NUM
ftr-490	78	45	(	(	PUNCT
ftr-490	78	46	1955	1955	NUM
ftr-490	78	47	)	)	PUNCT
ftr-490	78	48	,	,	PUNCT
ftr-490	78	49	in	in	ADP
ftr-490	78	50	light	light	NOUN
ftr-490	78	51	of	of	ADP
ftr-490	78	52	the	the	DET
ftr-490	78	53	obligation	obligation	NOUN
ftr-490	78	54	to	to	PART
ftr-490	78	55	repay	repay	VERB
ftr-490	78	56	with	with	ADP
ftr-490	78	57	after	after	ADP
ftr-490	78	58	-	-	PUNCT
ftr-490	78	59	tax	tax	NOUN
ftr-490	78	60	dollars	dollar	NOUN
ftr-490	78	61	,	,	PUNCT
ftr-490	78	62	an	an	DET
ftr-490	78	63	extinguishment	extinguishment	NOUN
ftr-490	78	64	of	of	ADP
ftr-490	78	65	that	that	DET
ftr-490	78	66	obligation	obligation	NOUN
ftr-490	78	67	to	to	PART
ftr-490	78	68	repay	repay	VERB
ftr-490	78	69	takes	take	VERB
ftr-490	78	70	away	away	ADV
ftr-490	78	71	the	the	DET
ftr-490	78	72	authority	authority	NOUN
ftr-490	78	73	for	for	ADP
ftr-490	78	74	the	the	DET
ftr-490	78	75	initial	initial	ADJ
ftr-490	78	76	exclusion	exclusion	NOUN
ftr-490	78	77	.	.	PUNCT
ftr-490	79	1	under	under	ADP
ftr-490	79	2	that	that	DET
ftr-490	79	3	theory	theory	NOUN
ftr-490	79	4	,	,	PUNCT
ftr-490	79	5	solvency	solvency	NOUN
ftr-490	79	6	becomes	become	VERB
ftr-490	79	7	irrelevant	irrelevant	ADJ
ftr-490	79	8	;	;	PUNCT
ftr-490	79	9	cod	cod	NOUN
ftr-490	79	10	income	income	NOUN
ftr-490	79	11	is	be	AUX
ftr-490	79	12	realized	realize	VERB
ftr-490	79	13	even	even	ADV
ftr-490	79	14	by	by	ADP
ftr-490	79	15	insolvent	insolvent	ADJ
ftr-490	79	16	debtors	debtor	NOUN
ftr-490	79	17	.	.	PUNCT
ftr-490	80	1	(	(	PUNCT
ftr-490	80	2	and	and	CCONJ
ftr-490	80	3	rightly	rightly	ADV
ftr-490	80	4	so	so	ADV
ftr-490	80	5	.	.	PUNCT
ftr-490	81	1	after	after	ADV
ftr-490	81	2	all	all	ADV
ftr-490	81	3	,	,	PUNCT
ftr-490	81	4	wages	wage	NOUN
ftr-490	81	5	earned	earn	VERB
ftr-490	81	6	by	by	ADP
ftr-490	81	7	a	a	DET
ftr-490	81	8	taxpayer	taxpayer	NOUN
ftr-490	81	9	with	with	ADP
ftr-490	81	10	a	a	DET
ftr-490	81	11	negative	negative	ADJ
ftr-490	81	12	net	net	ADJ
ftr-490	81	13	worth	worth	NOUN
ftr-490	81	14	are	be	AUX
ftr-490	81	15	not	not	PART
ftr-490	81	16	exempt	exempt	ADJ
ftr-490	81	17	from	from	ADP
ftr-490	81	18	tax	tax	NOUN
ftr-490	81	19	merely	merely	ADV
ftr-490	81	20	because	because	SCONJ
ftr-490	81	21	the	the	DET
ftr-490	81	22	debtor	debtor	NOUN
ftr-490	81	23	is	be	AUX
ftr-490	81	24	insolvent	insolvent	ADJ
ftr-490	81	25	and	and	CCONJ
ftr-490	81	26	is	be	AUX
ftr-490	81	27	not	not	PART
ftr-490	81	28	made	make	VERB
ftr-490	81	29	solvent	solvent	NOUN
ftr-490	81	30	by	by	ADP
ftr-490	81	31	the	the	DET
ftr-490	81	32	increase	increase	NOUN
ftr-490	81	33	in	in	ADP
ftr-490	81	34	assets	asset	NOUN
ftr-490	81	35	.	.	PUNCT
ftr-490	81	36	)	)	PUNCT
ftr-490	82	1	see	see	VERB
ftr-490	82	2	boris	boris	PROPN
ftr-490	82	3	i.	i.	PROPN
ftr-490	82	4	bittker	bittker	PROPN
ftr-490	82	5	&	&	CCONJ
ftr-490	82	6	lawrence	lawrence	PROPN
ftr-490	82	7	lokken	lokken	PROPN
ftr-490	82	8	,	,	PUNCT
ftr-490	82	9	federal	federal	ADJ
ftr-490	82	10	taxation	taxation	NOUN
ftr-490	82	11	of	of	ADP
ftr-490	82	12	income	income	NOUN
ftr-490	82	13	,	,	PUNCT
ftr-490	82	14	estates	estate	NOUN
ftr-490	82	15	and	and	CCONJ
ftr-490	82	16	gifts	gift	NOUN
ftr-490	82	17	,	,	PUNCT
ftr-490	82	18	6.4.1	6.4.1	NUM
ftr-490	82	19	,	,	PUNCT
ftr-490	82	20	at	at	ADP
ftr-490	82	21	6	6	NUM
ftr-490	82	22	-	-	SYM
ftr-490	82	23	31	31	NUM
ftr-490	82	24	to	to	PART
ftr-490	82	25	6	6	NUM
ftr-490	82	26	-	-	SYM
ftr-490	82	27	32	32	NUM
ftr-490	82	28	(	(	PUNCT
ftr-490	82	29	2d	2d	NUM
ftr-490	82	30	ed	ed	NOUN
ftr-490	82	31	.	.	PROPN
ftr-490	82	32	1989	1989	NUM
ftr-490	82	33	)	)	PUNCT
ftr-490	82	34	.	.	PUNCT
ftr-490	83	1	recognizing	recognize	VERB
ftr-490	83	2	the	the	DET
ftr-490	83	3	financial	financial	ADJ
ftr-490	83	4	straits	strait	NOUN
ftr-490	83	5	of	of	ADP
ftr-490	83	6	bankrupt	bankrupt	ADJ
ftr-490	83	7	and	and	CCONJ
ftr-490	83	8	insolvent	insolvent	ADJ
ftr-490	83	9	debtors	debtor	NOUN
ftr-490	83	10	who	who	PRON
ftr-490	83	11	realize	realize	VERB
ftr-490	83	12	cod	cod	NOUN
ftr-490	83	13	income	income	NOUN
ftr-490	83	14	,	,	PUNCT
ftr-490	83	15	however	however	ADV
ftr-490	83	16	,	,	PUNCT
ftr-490	83	17	congress	congress	PROPN
ftr-490	83	18	permitted	permit	VERB
ftr-490	83	19	those	those	DET
ftr-490	83	20	debtors	debtor	NOUN
ftr-490	83	21	to	to	PART
ftr-490	83	22	defer	defer	VERB
ftr-490	83	23	recognition	recognition	NOUN
ftr-490	83	24	of	of	ADP
ftr-490	83	25	that	that	DET
ftr-490	83	26	realized	realize	VERB
ftr-490	83	27	income	income	NOUN
ftr-490	83	28	to	to	ADP
ftr-490	83	29	some	some	DET
ftr-490	83	30	point	point	NOUN
ftr-490	83	31	in	in	ADP
ftr-490	83	32	the	the	DET
ftr-490	83	33	future	future	NOUN
ftr-490	83	34	through	through	ADP
ftr-490	83	35	the	the	DET
ftr-490	83	36	mechanism	mechanism	NOUN
ftr-490	83	37	contained	contain	VERB
ftr-490	83	38	in	in	ADP
ftr-490	83	39	section	section	NOUN
ftr-490	83	40	108(b	108(b	PROPN
ftr-490	83	41	)	)	PUNCT
ftr-490	83	42	.	.	PUNCT
ftr-490	84	1	see	see	VERB
ftr-490	84	2	generally	generally	ADV
ftr-490	84	3	estate	estate	NOUN
ftr-490	84	4	of	of	ADP
ftr-490	84	5	newman	newman	PROPN
ftr-490	84	6	v.	v.	PROPN
ftr-490	84	7	commissioner	commissioner	PROPN
ftr-490	84	8	,	,	PUNCT
ftr-490	84	9	934	934	NUM
ftr-490	84	10	f.2d	f.2d	SYM
ftr-490	84	11	426	426	NUM
ftr-490	84	12	,	,	PUNCT
ftr-490	84	13	430	430	NUM
ftr-490	84	14	-	-	SYM
ftr-490	84	15	32	32	NUM
ftr-490	84	16	(	(	PUNCT
ftr-490	84	17	2d	2d	NUM
ftr-490	84	18	cir	cir	NOUN
ftr-490	84	19	.	.	PROPN
ftr-490	84	20	1991	1991	NUM
ftr-490	84	21	)	)	PUNCT
ftr-490	84	22	(	(	PUNCT
ftr-490	84	23	containing	contain	VERB
ftr-490	84	24	an	an	DET
ftr-490	84	25	excellent	excellent	ADJ
ftr-490	84	26	,	,	PUNCT
ftr-490	84	27	succinct	succinct	ADJ
ftr-490	84	28	history	history	NOUN
ftr-490	84	29	of	of	ADP
ftr-490	84	30	the	the	DET
ftr-490	84	31	developing	develop	VERB
ftr-490	84	32	theory	theory	NOUN
ftr-490	84	33	of	of	ADP
ftr-490	84	34	the	the	DET
ftr-490	84	35	insolvency	insolvency	NOUN
ftr-490	84	36	exclusion	exclusion	NOUN
ftr-490	84	37	)	)	PUNCT
ftr-490	84	38	.	.	PUNCT
ftr-490	85	1	the	the	DET
ftr-490	85	2	only	only	ADJ
ftr-490	85	3	instance	instance	NOUN
ftr-490	85	4	in	in	ADP
ftr-490	85	5	which	which	PRON
ftr-490	85	6	no	no	DET
ftr-490	85	7	cod	cod	NOUN
ftr-490	85	8	income	income	NOUN
ftr-490	85	9	is	be	AUX
ftr-490	85	10	considered	consider	VERB
ftr-490	85	11	as	as	SCONJ
ftr-490	85	12	even	even	ADV
ftr-490	85	13	being	be	AUX
ftr-490	85	14	realized	realize	VERB
ftr-490	85	15	(	(	PUNCT
ftr-490	85	16	and	and	CCONJ
ftr-490	85	17	thus	thus	ADV
ftr-490	85	18	by	by	ADP
ftr-490	85	19	definition	definition	NOUN
ftr-490	85	20	will	will	AUX
ftr-490	85	21	never	never	ADV
ftr-490	85	22	be	be	AUX
ftr-490	85	23	recognized	recognize	VERB
ftr-490	85	24	in	in	ADP
ftr-490	85	25	the	the	DET
ftr-490	85	26	future	future	NOUN
ftr-490	85	27	through	through	ADP
ftr-490	85	28	the	the	DET
ftr-490	85	29	mechanism	mechanism	NOUN
ftr-490	85	30	in	in	ADP
ftr-490	85	31	section	section	NOUN
ftr-490	85	32	108(b	108(b	PROPN
ftr-490	85	33	)	)	PUNCT
ftr-490	85	34	)	)	PUNCT
ftr-490	86	1	arises	arise	VERB
ftr-490	86	2	when	when	SCONJ
ftr-490	86	3	a	a	DET
ftr-490	86	4	solvent	solvent	ADJ
ftr-490	86	5	debtor	debtor	NOUN
ftr-490	86	6	outside	outside	ADP
ftr-490	86	7	bankruptcy	bankruptcy	NOUN
ftr-490	86	8	negotiates	negotiate	VERB
ftr-490	86	9	a	a	DET
ftr-490	86	10	debt	debt	NOUN
ftr-490	86	11	reduction	reduction	NOUN
ftr-490	86	12	with	with	ADP
ftr-490	86	13	the	the	DET
ftr-490	86	14	seller	seller	NOUN
ftr-490	86	15	of	of	ADP
ftr-490	86	16	property	property	NOUN
ftr-490	86	17	who	who	PRON
ftr-490	86	18	also	also	ADV
ftr-490	86	19	financed	finance	VERB
ftr-490	86	20	the	the	DET
ftr-490	86	21	purchase	purchase	NOUN
ftr-490	86	22	of	of	ADP
ftr-490	86	23	the	the	DET
ftr-490	86	24	property	property	NOUN
ftr-490	86	25	with	with	ADP
ftr-490	86	26	the	the	DET
ftr-490	86	27	cancelled	cancel	VERB
ftr-490	86	28	debt	debt	NOUN
ftr-490	86	29	.	.	PUNCT
ftr-490	87	1	because	because	SCONJ
ftr-490	87	2	the	the	DET
ftr-490	87	3	seller	seller	NOUN
ftr-490	87	4	wears	wear	VERB
ftr-490	87	5	two	two	NUM
ftr-490	87	6	hats	hat	NOUN
ftr-490	87	7	-	-	PUNCT
ftr-490	87	8	seller	seller	NOUN
ftr-490	87	9	of	of	ADP
ftr-490	87	10	property	property	NOUN
ftr-490	87	11	and	and	CCONJ
ftr-490	87	12	lender	lender	NOUN
ftr-490	87	13	of	of	ADP
ftr-490	87	14	dollars	dollar	NOUN
ftr-490	87	15	to	to	PART
ftr-490	87	16	finance	finance	VERB
ftr-490	87	17	the	the	DET
ftr-490	87	18	purchase	purchase	NOUN
ftr-490	87	19	-	-	PUNCT
ftr-490	87	20	until	until	ADP
ftr-490	87	21	1980	1980	NUM
ftr-490	87	22	numerous	numerous	ADJ
ftr-490	87	23	factual	factual	ADJ
ftr-490	87	24	controversies	controversy	NOUN
ftr-490	87	25	arose	arise	VERB
ftr-490	87	26	in	in	ADP
ftr-490	87	27	the	the	DET
ftr-490	87	28	case	case	NOUN
ftr-490	87	29	of	of	ADP
ftr-490	87	30	a	a	DET
ftr-490	87	31	reduction	reduction	NOUN
ftr-490	87	32	of	of	ADP
ftr-490	87	33	a	a	DET
ftr-490	87	34	purchase	purchase	NOUN
ftr-490	87	35	-	-	PUNCT
ftr-490	87	36	money	money	NOUN
ftr-490	87	37	mortgage	mortgage	NOUN
ftr-490	87	38	.	.	PUNCT
ftr-490	88	1	the	the	DET
ftr-490	88	2	surrounding	surround	VERB
ftr-490	88	3	facts	fact	NOUN
ftr-490	88	4	had	have	VERB
ftr-490	88	5	to	to	PART
ftr-490	88	6	be	be	AUX
ftr-490	88	7	examined	examine	VERB
ftr-490	88	8	carefully	carefully	ADV
ftr-490	88	9	to	to	PART
ftr-490	88	10	determine	determine	VERB
ftr-490	88	11	whether	whether	SCONJ
ftr-490	88	12	the	the	DET
ftr-490	88	13	seller	seller	NOUN
ftr-490	88	14	-	-	PUNCT
ftr-490	88	15	creditor	creditor	NOUN
ftr-490	88	16	had	have	VERB
ftr-490	88	17	his	his	PRON
ftr-490	88	18	seller	seller	NOUN
ftr-490	88	19	's	's	PART
ftr-490	88	20	hat	hat	NOUN
ftr-490	88	21	on	on	ADP
ftr-490	88	22	(	(	PUNCT
ftr-490	88	23	in	in	ADP
ftr-490	88	24	which	which	DET
ftr-490	88	25	case	case	NOUN
ftr-490	88	26	the	the	DET
ftr-490	88	27	reduced	reduced	ADJ
ftr-490	88	28	debt	debt	NOUN
ftr-490	88	29	reflected	reflect	VERB
ftr-490	88	30	a	a	DET
ftr-490	88	31	renegotiated	renegotiate	VERB
ftr-490	88	32	purchase	purchase	NOUN
ftr-490	88	33	price	price	NOUN
ftr-490	88	34	)	)	PUNCT
ftr-490	88	35	or	or	CCONJ
ftr-490	88	36	his	his	PRON
ftr-490	88	37	creditor	creditor	NOUN
ftr-490	88	38	's	's	PART
ftr-490	88	39	hat	hat	NOUN
ftr-490	88	40	on	on	ADP
ftr-490	88	41	(	(	PUNCT
ftr-490	88	42	in	in	ADP
ftr-490	88	43	which	which	DET
ftr-490	88	44	case	case	NOUN
ftr-490	88	45	the	the	DET
ftr-490	88	46	reduced	reduced	ADJ
ftr-490	88	47	debt	debt	NOUN
ftr-490	88	48	reflected	reflect	VERB
ftr-490	88	49	cancelled	cancel	VERB
ftr-490	88	50	debt	debt	NOUN
ftr-490	88	51	)	)	PUNCT
ftr-490	88	52	.	.	PUNCT
ftr-490	89	1	the	the	DET
ftr-490	89	2	former	former	ADJ
ftr-490	89	3	resulted	result	VERB
ftr-490	89	4	in	in	ADP
ftr-490	89	5	no	no	DET
ftr-490	89	6	income	income	NOUN
ftr-490	89	7	but	but	CCONJ
ftr-490	89	8	a	a	DET
ftr-490	89	9	lowered	lower	VERB
ftr-490	89	10	cost	cost	NOUN
ftr-490	89	11	basis	basis	NOUN
ftr-490	89	12	,	,	PUNCT
ftr-490	89	13	while	while	SCONJ
ftr-490	89	14	the	the	DET
ftr-490	89	15	latter	latter	NOUN
ftr-490	89	16	resulted	result	VERB
ftr-490	89	17	in	in	ADP
ftr-490	89	18	no	no	DET
ftr-490	89	19	alteration	alteration	NOUN
ftr-490	89	20	in	in	ADP
ftr-490	89	21	the	the	DET
ftr-490	89	22	purchased	purchase	VERB
ftr-490	89	23	property	property	NOUN
ftr-490	89	24	's	's	PART
ftr-490	89	25	basis	basis	NOUN
ftr-490	89	26	but	but	CCONJ
ftr-490	89	27	also	also	ADV
ftr-490	89	28	resulted	result	VERB
ftr-490	89	29	in	in	ADP
ftr-490	89	30	the	the	DET
ftr-490	89	31	realization	realization	NOUN
ftr-490	89	32	of	of	ADP
ftr-490	89	33	cod	cod	NOUN
ftr-490	89	34	income	income	NOUN
ftr-490	89	35	.	.	PUNCT
ftr-490	90	1	after	after	ADP
ftr-490	90	2	1980	1980	NUM
ftr-490	90	3	,	,	PUNCT
ftr-490	90	4	even	even	ADV
ftr-490	90	5	when	when	SCONJ
ftr-490	90	6	the	the	DET
ftr-490	90	7	surrounding	surround	VERB
ftr-490	90	8	facts	fact	NOUN
ftr-490	90	9	clearly	clearly	ADV
ftr-490	90	10	indicate	indicate	VERB
ftr-490	90	11	an	an	DET
ftr-490	90	12	intention	intention	NOUN
ftr-490	90	13	by	by	ADP
ftr-490	90	14	the	the	DET
ftr-490	90	15	seller	seller	NOUN
ftr-490	90	16	-	-	PUNCT
ftr-490	90	17	creditor	creditor	NOUN
ftr-490	90	18	to	to	PART
ftr-490	90	19	cancel	cancel	VERB
ftr-490	90	20	debt	debt	NOUN
ftr-490	90	21	rather	rather	ADV
ftr-490	90	22	than	than	ADP
ftr-490	90	23	renegotiate	renegotiate	VERB
ftr-490	90	24	the	the	DET
ftr-490	90	25	purchase	purchase	NOUN
ftr-490	90	26	price	price	NOUN
ftr-490	90	27	,	,	PUNCT
ftr-490	90	28	the	the	DET
ftr-490	90	29	debt	debt	NOUN
ftr-490	90	30	reduction	reduction	NOUN
ftr-490	90	31	is	be	AUX
ftr-490	90	32	"	"	PUNCT
ftr-490	90	33	treated	treat	VERB
ftr-490	90	34	as	as	ADP
ftr-490	90	35	a	a	DET
ftr-490	90	36	purchase	purchase	NOUN
ftr-490	90	37	price	price	NOUN
ftr-490	90	38	adjustment	adjustment	NOUN
ftr-490	90	39	"	"	PUNCT
ftr-490	90	40	by	by	ADP
ftr-490	90	41	fiat	fiat	NOUN
ftr-490	90	42	under	under	ADP
ftr-490	90	43	section	section	NOUN
ftr-490	90	44	108(e)(5	108(e)(5	NUM
ftr-490	90	45	)	)	PUNCT
ftr-490	90	46	.	.	PUNCT
ftr-490	91	1	in	in	ADP
ftr-490	91	2	essence	essence	NOUN
ftr-490	91	3	,	,	PUNCT
ftr-490	91	4	the	the	DET
ftr-490	91	5	now	now	ADV
ftr-490	91	6	-	-	PUNCT
ftr-490	91	7	repealed	repeal	VERB
ftr-490	91	8	option	option	NOUN
ftr-490	91	9	to	to	PART
ftr-490	91	10	reduce	reduce	VERB
ftr-490	91	11	basis	basis	NOUN
ftr-490	91	12	instead	instead	ADV
ftr-490	91	13	of	of	ADP
ftr-490	91	14	recognizing	recognize	VERB
ftr-490	91	15	cod	cod	NOUN
ftr-490	91	16	income	income	NOUN
ftr-490	91	17	(	(	PUNCT
ftr-490	91	18	see	see	VERB
ftr-490	91	19	infra	infra	NOUN
ftr-490	91	20	notes	note	VERB
ftr-490	91	21	38	38	NUM
ftr-490	91	22	-	-	SYM
ftr-490	91	23	40	40	NUM
ftr-490	92	1	[	[	X
ftr-490	92	2	vol	vol	NOUN
ftr-490	92	3	1:3	1:3	NUM
ftr-490	92	4	tufts	tuft	NOUN
ftr-490	92	5	and	and	CCONJ
ftr-490	92	6	the	the	DET
ftr-490	92	7	evolution	evolution	NOUN
ftr-490	92	8	of	of	ADP
ftr-490	92	9	debt	debt	NOUN
ftr-490	92	10	-	-	PUNCT
ftr-490	92	11	discharge	discharge	NOUN
ftr-490	92	12	theorn	theorn	VERB
ftr-490	92	13	if	if	SCONJ
ftr-490	92	14	the	the	DET
ftr-490	92	15	debt	debt	NOUN
ftr-490	92	16	is	be	AUX
ftr-490	92	17	"	"	PUNCT
ftr-490	92	18	nonrecourse,"9	nonrecourse,"9	ADJ
ftr-490	92	19	the	the	DET
ftr-490	92	20	government	government	NOUN
ftr-490	92	21	collapses	collapse	VERB
ftr-490	92	22	the	the	DET
ftr-490	92	23	two	two	NUM
ftr-490	92	24	component	component	NOUN
ftr-490	92	25	parts	part	NOUN
ftr-490	92	26	into	into	ADP
ftr-490	92	27	the	the	DET
ftr-490	92	28	property	property	NOUN
ftr-490	92	29	disposition	disposition	NOUN
ftr-490	92	30	under	under	ADP
ftr-490	92	31	section	section	NOUN
ftr-490	92	32	1001	1001	NUM
ftr-490	92	33	by	by	ADP
ftr-490	92	34	including	include	VERB
ftr-490	92	35	the	the	DET
ftr-490	92	36	entire	entire	ADJ
ftr-490	92	37	debt	debt	NOUN
ftr-490	92	38	in	in	ADP
ftr-490	92	39	the	the	DET
ftr-490	92	40	amount	amount	NOUN
ftr-490	92	41	realized	realize	VERB
ftr-490	92	42	(	(	PUNCT
ftr-490	92	43	the	the	DET
ftr-490	92	44	"	"	PUNCT
ftr-490	92	45	collapsed	collapsed	ADJ
ftr-490	92	46	approach	approach	NOUN
ftr-490	92	47	"	"	PUNCT
ftr-490	92	48	)	)	PUNCT
ftr-490	92	49	.	.	PUNCT
ftr-490	93	1	no	no	DET
ftr-490	93	2	cancellation	cancellation	NOUN
ftr-490	93	3	-	-	PUNCT
ftr-490	93	4	of	of	ADP
ftr-490	93	5	-	-	PUNCT
ftr-490	93	6	indebtedness	indebtedness	NOUN
ftr-490	93	7	income	income	NOUN
ftr-490	93	8	(	(	PUNCT
ftr-490	93	9	"	"	PUNCT
ftr-490	93	10	cod	cod	NOUN
ftr-490	93	11	income	income	NOUN
ftr-490	93	12	"	"	PUNCT
ftr-490	93	13	)	)	PUNCT
ftr-490	93	14	is	be	AUX
ftr-490	93	15	deemed	deem	VERB
ftr-490	93	16	realized	realize	VERB
ftr-490	93	17	.	.	PUNCT
ftr-490	94	1	this	this	DET
ftr-490	94	2	approach	approach	NOUN
ftr-490	94	3	was	be	AUX
ftr-490	94	4	approved	approve	VERB
ftr-490	94	5	by	by	ADP
ftr-490	94	6	the	the	DET
ftr-490	94	7	supreme	supreme	PROPN
ftr-490	94	8	court	court	PROPN
ftr-490	94	9	in	in	ADP
ftr-490	94	10	commissioner	commissioner	PROPN
ftr-490	94	11	v.	v.	PROPN
ftr-490	94	12	tufts,'0	tufts,'0	PROPN
ftr-490	94	13	discussed	discuss	VERB
ftr-490	94	14	more	more	ADV
ftr-490	94	15	fully	fully	ADV
ftr-490	94	16	below	below	ADV
ftr-490	94	17	,	,	PUNCT
ftr-490	94	18	and	and	CCONJ
ftr-490	94	19	can	can	AUX
ftr-490	94	20	now	now	ADV
ftr-490	94	21	be	be	AUX
ftr-490	94	22	found	find	VERB
ftr-490	94	23	in	in	ADP
ftr-490	94	24	the	the	DET
ftr-490	94	25	following	follow	VERB
ftr-490	94	26	subsections	subsection	NOUN
ftr-490	94	27	of	of	ADP
ftr-490	94	28	the	the	DET
ftr-490	94	29	same	same	ADJ
ftr-490	94	30	treasury	treasury	NOUN
ftr-490	94	31	regulation	regulation	NOUN
ftr-490	94	32	containing	contain	VERB
ftr-490	94	33	the	the	DET
ftr-490	94	34	rule	rule	NOUN
ftr-490	94	35	for	for	ADP
ftr-490	94	36	recourse	recourse	NOUN
ftr-490	94	37	debt	debt	NOUN
ftr-490	94	38	discussed	discuss	VERB
ftr-490	94	39	above	above	ADV
ftr-490	94	40	.	.	PUNCT
ftr-490	95	1	except	except	SCONJ
ftr-490	95	2	as	as	SCONJ
ftr-490	95	3	provided	provide	VERB
ftr-490	95	4	in	in	ADP
ftr-490	95	5	paragraph	paragraph	NOUN
ftr-490	95	6	(	(	PUNCT
ftr-490	95	7	a)(2	a)(2	NOUN
ftr-490	95	8	)	)	PUNCT
ftr-490	96	1	[	[	X
ftr-490	96	2	pertaining	pertain	VERB
ftr-490	96	3	to	to	PART
ftr-490	96	4	recourse	recourse	VERB
ftr-490	96	5	debt	debt	NOUN
ftr-490	96	6	]	]	PUNCT
ftr-490	96	7	...	...	PUNCT
ftr-490	96	8	,	,	PUNCT
ftr-490	96	9	the	the	DET
ftr-490	96	10	amount	amount	NOUN
ftr-490	96	11	realized	realize	VERB
ftr-490	96	12	from	from	ADP
ftr-490	96	13	a	a	DET
ftr-490	96	14	sale	sale	NOUN
ftr-490	96	15	or	or	CCONJ
ftr-490	96	16	other	other	ADJ
ftr-490	96	17	disposition	disposition	NOUN
ftr-490	96	18	of	of	ADP
ftr-490	96	19	property	property	NOUN
ftr-490	96	20	includes	include	VERB
ftr-490	96	21	the	the	DET
ftr-490	96	22	amount	amount	NOUN
ftr-490	96	23	of	of	ADP
ftr-490	96	24	liabilities	liability	NOUN
ftr-490	96	25	from	from	ADP
ftr-490	96	26	which	which	PRON
ftr-490	96	27	the	the	DET
ftr-490	96	28	transferor	transferor	NOUN
ftr-490	96	29	is	be	AUX
ftr-490	96	30	discharged	discharge	VERB
ftr-490	96	31	as	as	ADP
ftr-490	96	32	a	a	DET
ftr-490	96	33	result	result	NOUN
ftr-490	96	34	of	of	ADP
ftr-490	96	35	the	the	DET
ftr-490	96	36	sale	sale	NOUN
ftr-490	96	37	or	or	CCONJ
ftr-490	96	38	disposition	disposition	NOUN
ftr-490	96	39	.	.	PUNCT
ftr-490	96	40	"	"	PUNCT
ftr-490	97	1	the	the	DET
ftr-490	97	2	fair	fair	ADJ
ftr-490	97	3	market	market	NOUN
ftr-490	97	4	value	value	NOUN
ftr-490	97	5	of	of	ADP
ftr-490	97	6	the	the	DET
ftr-490	97	7	security	security	NOUN
ftr-490	97	8	at	at	ADP
ftr-490	97	9	the	the	DET
ftr-490	97	10	time	time	NOUN
ftr-490	97	11	of	of	ADP
ftr-490	97	12	sale	sale	NOUN
ftr-490	97	13	or	or	CCONJ
ftr-490	97	14	disposition	disposition	NOUN
ftr-490	97	15	is	be	AUX
ftr-490	97	16	not	not	PART
ftr-490	97	17	relevant	relevant	ADJ
ftr-490	97	18	for	for	ADP
ftr-490	97	19	purposes	purpose	NOUN
ftr-490	97	20	of	of	ADP
ftr-490	97	21	determining	determine	VERB
ftr-490	97	22	under	under	ADP
ftr-490	97	23	paragraph	paragraph	NOUN
ftr-490	97	24	(	(	PUNCT
ftr-490	97	25	a	a	NOUN
ftr-490	97	26	)	)	PUNCT
ftr-490	97	27	of	of	ADP
ftr-490	97	28	this	this	DET
ftr-490	97	29	section	section	NOUN
ftr-490	97	30	the	the	DET
ftr-490	97	31	amount	amount	NOUN
ftr-490	97	32	of	of	ADP
ftr-490	97	33	liabilities	liability	NOUN
ftr-490	97	34	from	from	ADP
ftr-490	97	35	which	which	PRON
ftr-490	97	36	the	the	DET
ftr-490	97	37	taxpayer	taxpayer	NOUN
ftr-490	97	38	is	be	AUX
ftr-490	97	39	discharged	discharge	VERB
ftr-490	97	40	or	or	CCONJ
ftr-490	97	41	treated	treat	VERB
ftr-490	97	42	as	as	ADP
ftr-490	97	43	discharged	discharge	VERB
ftr-490	97	44	.	.	PUNCT
ftr-490	98	1	thus	thus	ADV
ftr-490	98	2	,	,	PUNCT
ftr-490	98	3	the	the	DET
ftr-490	98	4	fact	fact	NOUN
ftr-490	98	5	that	that	SCONJ
ftr-490	98	6	the	the	DET
ftr-490	98	7	fair	fair	ADJ
ftr-490	98	8	market	market	NOUN
ftr-490	98	9	value	value	NOUN
ftr-490	98	10	of	of	ADP
ftr-490	98	11	the	the	DET
ftr-490	98	12	property	property	NOUN
ftr-490	98	13	is	be	AUX
ftr-490	98	14	less	less	ADJ
ftr-490	98	15	than	than	ADP
ftr-490	98	16	the	the	DET
ftr-490	98	17	amount	amount	NOUN
ftr-490	98	18	of	of	ADP
ftr-490	98	19	the	the	DET
ftr-490	98	20	liabilities	liability	NOUN
ftr-490	98	21	it	it	PRON
ftr-490	98	22	secures	secure	VERB
ftr-490	98	23	does	do	AUX
ftr-490	98	24	not	not	PART
ftr-490	98	25	prevent	prevent	VERB
ftr-490	98	26	the	the	DET
ftr-490	98	27	full	full	ADJ
ftr-490	98	28	amount	amount	NOUN
ftr-490	98	29	of	of	ADP
ftr-490	98	30	those	those	DET
ftr-490	98	31	liabilities	liability	NOUN
ftr-490	98	32	from	from	ADP
ftr-490	98	33	and	and	CCONJ
ftr-490	98	34	accompanying	accompany	VERB
ftr-490	98	35	text	text	NOUN
ftr-490	98	36	)	)	PUNCT
ftr-490	98	37	remains	remain	VERB
ftr-490	98	38	in	in	ADP
ftr-490	98	39	this	this	DET
ftr-490	98	40	very	very	ADV
ftr-490	98	41	narrowly	narrowly	ADV
ftr-490	98	42	defined	define	VERB
ftr-490	98	43	context	context	NOUN
ftr-490	98	44	but	but	CCONJ
ftr-490	98	45	is	be	AUX
ftr-490	98	46	mandatory	mandatory	ADJ
ftr-490	98	47	.	.	PUNCT
ftr-490	99	1	the	the	DET
ftr-490	99	2	provision	provision	NOUN
ftr-490	99	3	applies	apply	VERB
ftr-490	99	4	whether	whether	SCONJ
ftr-490	99	5	the	the	DET
ftr-490	99	6	debt	debt	NOUN
ftr-490	99	7	involved	involve	VERB
ftr-490	99	8	is	be	AUX
ftr-490	99	9	recourse	recourse	NOUN
ftr-490	99	10	or	or	CCONJ
ftr-490	99	11	nonrecourse	nonrecourse	NOUN
ftr-490	99	12	and	and	CCONJ
ftr-490	99	13	whether	whether	SCONJ
ftr-490	99	14	the	the	DET
ftr-490	99	15	property	property	NOUN
ftr-490	99	16	is	be	AUX
ftr-490	99	17	used	use	VERB
ftr-490	99	18	in	in	ADP
ftr-490	99	19	a	a	DET
ftr-490	99	20	trade	trade	NOUN
ftr-490	99	21	or	or	CCONJ
ftr-490	99	22	business	business	NOUN
ftr-490	99	23	,	,	PUNCT
ftr-490	99	24	is	be	AUX
ftr-490	99	25	investment	investment	NOUN
ftr-490	99	26	property	property	NOUN
ftr-490	99	27	,	,	PUNCT
ftr-490	99	28	or	or	CCONJ
ftr-490	99	29	is	be	AUX
ftr-490	99	30	personal	personal	ADJ
ftr-490	99	31	-	-	PUNCT
ftr-490	99	32	use	use	NOUN
ftr-490	99	33	property	property	NOUN
ftr-490	99	34	.	.	PUNCT
ftr-490	100	1	because	because	SCONJ
ftr-490	100	2	section	section	NOUN
ftr-490	100	3	108(e)(5	108(e)(5	NUM
ftr-490	100	4	)	)	PUNCT
ftr-490	100	5	by	by	ADP
ftr-490	100	6	definition	definition	NOUN
ftr-490	100	7	applies	apply	VERB
ftr-490	100	8	only	only	ADV
ftr-490	100	9	to	to	ADP
ftr-490	100	10	amounts	amount	NOUN
ftr-490	100	11	that	that	PRON
ftr-490	100	12	would	would	AUX
ftr-490	100	13	otherwise	otherwise	ADV
ftr-490	100	14	be	be	AUX
ftr-490	100	15	cod	cod	NOUN
ftr-490	100	16	income	income	NOUN
ftr-490	100	17	,	,	PUNCT
ftr-490	100	18	facts	fact	VERB
ftr-490	100	19	that	that	PRON
ftr-490	100	20	indicate	indicate	VERB
ftr-490	100	21	a	a	DET
ftr-490	100	22	post	post	ADJ
ftr-490	100	23	-	-	ADJ
ftr-490	100	24	purchase	purchase	ADJ
ftr-490	100	25	renegotiation	renegotiation	NOUN
ftr-490	100	26	of	of	ADP
ftr-490	100	27	purchase	purchase	NOUN
ftr-490	100	28	price	price	NOUN
ftr-490	100	29	of	of	ADP
ftr-490	100	30	debt	debt	NOUN
ftr-490	100	31	-	-	PUNCT
ftr-490	100	32	financed	finance	VERB
ftr-490	100	33	items	item	NOUN
ftr-490	100	34	,	,	PUNCT
ftr-490	100	35	instead	instead	ADV
ftr-490	100	36	of	of	ADP
ftr-490	100	37	debt	debt	NOUN
ftr-490	100	38	reduction	reduction	NOUN
ftr-490	100	39	,	,	PUNCT
ftr-490	100	40	ought	ought	AUX
ftr-490	100	41	still	still	ADV
ftr-490	100	42	to	to	PART
ftr-490	100	43	be	be	AUX
ftr-490	100	44	treated	treat	VERB
ftr-490	100	45	as	as	ADP
ftr-490	100	46	resulting	result	VERB
ftr-490	100	47	in	in	ADP
ftr-490	100	48	a	a	DET
ftr-490	100	49	nontaxable	nontaxable	ADJ
ftr-490	100	50	price	price	NOUN
ftr-490	100	51	reduction	reduction	NOUN
ftr-490	100	52	and	and	CCONJ
ftr-490	100	53	not	not	PART
ftr-490	100	54	cod	cod	VERB
ftr-490	100	55	income	income	NOUN
ftr-490	100	56	even	even	ADV
ftr-490	100	57	if	if	SCONJ
ftr-490	100	58	the	the	DET
ftr-490	100	59	item	item	NOUN
ftr-490	100	60	purchased	purchase	VERB
ftr-490	100	61	with	with	ADP
ftr-490	100	62	the	the	DET
ftr-490	100	63	debt	debt	NOUN
ftr-490	100	64	constitutes	constitute	VERB
ftr-490	100	65	services	service	NOUN
ftr-490	100	66	instead	instead	ADV
ftr-490	100	67	of	of	ADP
ftr-490	100	68	"	"	PUNCT
ftr-490	100	69	property	property	NOUN
ftr-490	100	70	"	"	PUNCT
ftr-490	100	71	within	within	ADP
ftr-490	100	72	the	the	DET
ftr-490	100	73	meaning	meaning	NOUN
ftr-490	100	74	of	of	ADP
ftr-490	100	75	section	section	NOUN
ftr-490	100	76	i08e)(5	i08e)(5	PROPN
ftr-490	100	77	)	)	PUNCT
ftr-490	100	78	.	.	PUNCT
ftr-490	101	1	cf	cf	NOUN
ftr-490	101	2	.	.	PUNCT
ftr-490	102	1	infra	infra	NOUN
ftr-490	102	2	note	note	VERB
ftr-490	102	3	217	217	NUM
ftr-490	102	4	(	(	PUNCT
ftr-490	102	5	discussing	discuss	VERB
ftr-490	102	6	the	the	DET
ftr-490	102	7	zarin	zarin	PROPN
ftr-490	102	8	case	case	NOUN
ftr-490	102	9	)	)	PUNCT
ftr-490	102	10	.	.	PUNCT
ftr-490	103	1	for	for	ADP
ftr-490	103	2	an	an	DET
ftr-490	103	3	exhaustive	exhaustive	ADJ
ftr-490	103	4	article	article	NOUN
ftr-490	103	5	examining	examine	VERB
ftr-490	103	6	all	all	DET
ftr-490	103	7	the	the	DET
ftr-490	103	8	tax	tax	NOUN
ftr-490	103	9	permutations	permutation	NOUN
ftr-490	103	10	of	of	ADP
ftr-490	103	11	discharge	discharge	NOUN
ftr-490	103	12	-	-	PUNCT
ftr-490	103	13	ofindebtedness	ofindebtedness	NOUN
ftr-490	103	14	doctrine	doctrine	NOUN
ftr-490	103	15	,	,	PUNCT
ftr-490	103	16	see	see	VERB
ftr-490	103	17	fred	fred	PROPN
ftr-490	103	18	t.	t.	PROPN
ftr-490	103	19	witt	witt	PROPN
ftr-490	103	20	,	,	PUNCT
ftr-490	103	21	jr	jr	PROPN
ftr-490	103	22	.	.	PROPN
ftr-490	103	23	&	&	CCONJ
ftr-490	103	24	william	william	PROPN
ftr-490	103	25	h.	h.	PROPN
ftr-490	103	26	lyons	lyons	PROPN
ftr-490	103	27	,	,	PUNCT
ftr-490	103	28	an	an	DET
ftr-490	103	29	examination	examination	NOUN
ftr-490	103	30	of	of	ADP
ftr-490	103	31	the	the	DET
ftr-490	103	32	tax	tax	NOUN
ftr-490	103	33	consequences	consequence	NOUN
ftr-490	103	34	of	of	ADP
ftr-490	103	35	discharge	discharge	NOUN
ftr-490	103	36	of	of	ADP
ftr-490	103	37	indebtedness	indebtedness	NOUN
ftr-490	103	38	,	,	PUNCT
ftr-490	103	39	10	10	NUM
ftr-490	103	40	va	va	NOUN
ftr-490	103	41	.	.	PUNCT
ftr-490	103	42	tax	tax	PROPN
ftr-490	103	43	rev	rev	PROPN
ftr-490	103	44	.	.	PROPN
ftr-490	103	45	1	1	NUM
ftr-490	103	46	(	(	PUNCT
ftr-490	103	47	1990	1990	NUM
ftr-490	103	48	)	)	PUNCT
ftr-490	103	49	.	.	PUNCT
ftr-490	104	1	9	9	X
ftr-490	104	2	.	.	PUNCT
ftr-490	104	3	"	"	PUNCT
ftr-490	104	4	although	although	SCONJ
ftr-490	104	5	the	the	DET
ftr-490	104	6	term	term	NOUN
ftr-490	104	7	'	'	PUNCT
ftr-490	104	8	nonrecourse	nonrecourse	NOUN
ftr-490	104	9	'	'	PUNCT
ftr-490	104	10	is	be	AUX
ftr-490	104	11	used	use	VERB
ftr-490	104	12	in	in	ADP
ftr-490	104	13	a	a	DET
ftr-490	104	14	number	number	NOUN
ftr-490	104	15	of	of	ADP
ftr-490	104	16	provisions	provision	NOUN
ftr-490	104	17	,	,	PUNCT
ftr-490	104	18	it	it	PRON
ftr-490	104	19	is	be	AUX
ftr-490	104	20	nowhere	nowhere	ADV
ftr-490	104	21	defined	define	VERB
ftr-490	104	22	in	in	ADP
ftr-490	104	23	the	the	DET
ftr-490	104	24	code	code	NOUN
ftr-490	104	25	.	.	PUNCT
ftr-490	105	1	similarly	similarly	ADV
ftr-490	105	2	,	,	PUNCT
ftr-490	105	3	the	the	DET
ftr-490	105	4	regulations	regulation	NOUN
ftr-490	105	5	do	do	AUX
ftr-490	105	6	not	not	PART
ftr-490	105	7	provide	provide	VERB
ftr-490	105	8	a	a	DET
ftr-490	105	9	general	general	ADJ
ftr-490	105	10	definition	definition	NOUN
ftr-490	105	11	of	of	ADP
ftr-490	105	12	what	what	PRON
ftr-490	105	13	constitutes	constitute	VERB
ftr-490	105	14	nonrecourse	nonrecourse	NOUN
ftr-490	105	15	indebtedness	indebtedness	NOUN
ftr-490	105	16	.	.	PUNCT
ftr-490	105	17	"	"	PUNCT
ftr-490	106	1	frederick	frederick	PROPN
ftr-490	106	2	h.	h.	PROPN
ftr-490	106	3	robinson	robinson	PROPN
ftr-490	106	4	.	.	PUNCT
ftr-490	107	1	nonrecourse	nonrecourse	PROPN
ftr-490	107	2	indebtedness	indebtedness	PROPN
ftr-490	107	3	,	,	PUNCT
ftr-490	107	4	ii	ii	PROPN
ftr-490	107	5	va	va	PROPN
ftr-490	107	6	.	.	PUNCT
ftr-490	108	1	tax	tax	PROPN
ftr-490	108	2	rev	rev	PROPN
ftr-490	108	3	.	.	PROPN
ftr-490	108	4	1	1	NUM
ftr-490	108	5	,	,	PUNCT
ftr-490	108	6	3	3	NUM
ftr-490	108	7	(	(	PUNCT
ftr-490	108	8	1991	1991	NUM
ftr-490	108	9	)	)	PUNCT
ftr-490	108	10	.	.	PUNCT
ftr-490	109	1	by	by	ADP
ftr-490	109	2	"	"	PUNCT
ftr-490	109	3	nonrecourse	nonrecourse	NOUN
ftr-490	109	4	debt	debt	NOUN
ftr-490	109	5	,	,	PUNCT
ftr-490	109	6	"	"	PUNCT
ftr-490	109	7	i	i	PRON
ftr-490	109	8	generally	generally	ADV
ftr-490	109	9	mean	mean	VERB
ftr-490	109	10	a	a	DET
ftr-490	109	11	debt	debt	NOUN
ftr-490	109	12	for	for	ADP
ftr-490	109	13	which	which	PRON
ftr-490	109	14	the	the	DET
ftr-490	109	15	debtor	debtor	NOUN
ftr-490	109	16	is	be	AUX
ftr-490	109	17	not	not	PART
ftr-490	109	18	personally	personally	ADV
ftr-490	109	19	liable	liable	ADJ
ftr-490	109	20	.	.	PUNCT
ftr-490	110	1	the	the	DET
ftr-490	110	2	lender	lender	NOUN
ftr-490	110	3	is	be	AUX
ftr-490	110	4	barred	bar	VERB
ftr-490	110	5	from	from	ADP
ftr-490	110	6	action	action	NOUN
ftr-490	110	7	against	against	ADP
ftr-490	110	8	the	the	DET
ftr-490	110	9	borrower	borrower	NOUN
ftr-490	110	10	's	's	PART
ftr-490	110	11	other	other	ADJ
ftr-490	110	12	assets	asset	NOUN
ftr-490	110	13	if	if	SCONJ
ftr-490	110	14	the	the	DET
ftr-490	110	15	security	security	NOUN
ftr-490	110	16	value	value	NOUN
ftr-490	110	17	is	be	AUX
ftr-490	110	18	insufficient	insufficient	ADJ
ftr-490	110	19	to	to	PART
ftr-490	110	20	satisfy	satisfy	VERB
ftr-490	110	21	the	the	DET
ftr-490	110	22	loan	loan	NOUN
ftr-490	110	23	.	.	PUNCT
ftr-490	111	1	for	for	ADP
ftr-490	111	2	a	a	DET
ftr-490	111	3	helpful	helpful	ADJ
ftr-490	111	4	description	description	NOUN
ftr-490	111	5	of	of	ADP
ftr-490	111	6	the	the	DET
ftr-490	111	7	origins	origin	NOUN
ftr-490	111	8	and	and	CCONJ
ftr-490	111	9	use	use	NOUN
ftr-490	111	10	of	of	ADP
ftr-490	111	11	nonrecourse	nonrecourse	ADJ
ftr-490	111	12	debt	debt	NOUN
ftr-490	111	13	for	for	ADP
ftr-490	111	14	both	both	CCONJ
ftr-490	111	15	nontax	nontax	NOUN
ftr-490	111	16	and	and	CCONJ
ftr-490	111	17	tax	tax	NOUN
ftr-490	111	18	reasons	reason	NOUN
ftr-490	111	19	,	,	PUNCT
ftr-490	111	20	see	see	VERB
ftr-490	111	21	daniel	daniel	PROPN
ftr-490	111	22	n.	n.	PROPN
ftr-490	111	23	shaviro	shaviro	PROPN
ftr-490	111	24	,	,	PUNCT
ftr-490	111	25	risk	risk	NOUN
ftr-490	111	26	and	and	CCONJ
ftr-490	111	27	accrual	accrual	ADJ
ftr-490	111	28	:	:	PUNCT
ftr-490	111	29	the	the	DET
ftr-490	111	30	tax	tax	NOUN
ftr-490	111	31	treatment	treatment	NOUN
ftr-490	111	32	of	of	ADP
ftr-490	111	33	nonrecourse	nonrecourse	NOUN
ftr-490	111	34	debt	debt	NOUN
ftr-490	111	35	.	.	PUNCT
ftr-490	112	1	44	44	NUM
ftr-490	112	2	tax	tax	NOUN
ftr-490	112	3	l	l	NOUN
ftr-490	112	4	rev	rev	X
ftr-490	112	5	.	.	PROPN
ftr-490	112	6	401	401	NUM
ftr-490	112	7	.	.	PUNCT
ftr-490	113	1	421	421	NUM
ftr-490	113	2	-	-	SYM
ftr-490	113	3	27	27	NUM
ftr-490	113	4	(	(	PUNCT
ftr-490	113	5	1989	1989	NUM
ftr-490	113	6	)	)	PUNCT
ftr-490	113	7	.	.	PUNCT
ftr-490	114	1	10	10	NUM
ftr-490	114	2	.	.	X
ftr-490	114	3	461	461	NUM
ftr-490	114	4	u.s	u.s	PROPN
ftr-490	114	5	.	.	PROPN
ftr-490	114	6	300	300	NUM
ftr-490	114	7	(	(	PUNCT
ftr-490	114	8	1983	1983	NUM
ftr-490	114	9	)	)	PUNCT
ftr-490	114	10	.	.	PUNCT
ftr-490	115	1	11	11	NUM
ftr-490	115	2	.	.	PUNCT
ftr-490	115	3	regs	reg	NOUN
ftr-490	115	4	.	.	PUNCT
ftr-490	116	1	§	§	PROPN
ftr-490	116	2	1.1001	1.1001	NUM
ftr-490	116	3	-	-	PUNCT
ftr-490	116	4	2(a)(l	2(a)(l	NUM
ftr-490	116	5	)	)	PUNCT
ftr-490	116	6	(	(	PUNCT
ftr-490	116	7	emphasis	emphasis	NOUN
ftr-490	116	8	added	add	VERB
ftr-490	116	9	)	)	PUNCT
ftr-490	116	10	.	.	PUNCT
ftr-490	117	1	19921	19921	NUM
ftr-490	117	2	florida	florida	PROPN
ftr-490	117	3	tax	tax	NOUN
ftr-490	117	4	review	review	NOUN
ftr-490	117	5	being	be	AUX
ftr-490	117	6	treated	treat	VERB
ftr-490	117	7	as	as	ADP
ftr-490	117	8	money	money	NOUN
ftr-490	117	9	received	receive	VERB
ftr-490	117	10	from	from	ADP
ftr-490	117	11	the	the	DET
ftr-490	117	12	sale	sale	NOUN
ftr-490	117	13	or	or	CCONJ
ftr-490	117	14	other	other	ADJ
ftr-490	117	15	disposition	disposition	NOUN
ftr-490	117	16	of	of	ADP
ftr-490	117	17	the	the	DET
ftr-490	117	18	property	property	NOUN
ftr-490	117	19	.	.	PUNCT
ftr-490	118	1	however	however	ADV
ftr-490	118	2	,	,	PUNCT
ftr-490	118	3	see	see	VERB
ftr-490	118	4	paragraph	paragraph	NOUN
ftr-490	118	5	(	(	PUNCT
ftr-490	118	6	a)(2	a)(2	NOUN
ftr-490	118	7	)	)	PUNCT
ftr-490	118	8	of	of	ADP
ftr-490	118	9	this	this	DET
ftr-490	118	10	section	section	NOUN
ftr-490	118	11	for	for	ADP
ftr-490	118	12	a	a	DET
ftr-490	118	13	rule	rule	NOUN
ftr-490	118	14	relating	relate	VERB
ftr-490	118	15	to	to	ADP
ftr-490	118	16	certain	certain	ADJ
ftr-490	118	17	income	income	NOUN
ftr-490	118	18	from	from	ADP
ftr-490	118	19	discharge	discharge	NOUN
ftr-490	118	20	of	of	ADP
ftr-490	118	21	indebtedness.1	indebtedness.1	PROPN
ftr-490	118	22	2	2	NUM
ftr-490	118	23	thus	thus	ADV
ftr-490	118	24	,	,	PUNCT
ftr-490	118	25	our	our	PRON
ftr-490	118	26	debtor	debtor	NOUN
ftr-490	118	27	would	would	AUX
ftr-490	118	28	be	be	AUX
ftr-490	118	29	considered	consider	VERB
ftr-490	118	30	to	to	PART
ftr-490	118	31	be	be	AUX
ftr-490	118	32	disposing	dispose	VERB
ftr-490	118	33	of	of	ADP
ftr-490	118	34	his	his	PRON
ftr-490	118	35	property	property	NOUN
ftr-490	118	36	for	for	ADP
ftr-490	118	37	$	$	SYM
ftr-490	118	38	122,000	122,000	NUM
ftr-490	118	39	under	under	ADP
ftr-490	118	40	this	this	DET
ftr-490	118	41	approach	approach	NOUN
ftr-490	118	42	,	,	PUNCT
ftr-490	118	43	producing	produce	VERB
ftr-490	118	44	an	an	DET
ftr-490	118	45	$	$	SYM
ftr-490	118	46	8,000	8,000	NUM
ftr-490	118	47	nondeductible	nondeductible	ADJ
ftr-490	118	48	personal	personal	ADJ
ftr-490	118	49	loss	loss	NOUN
ftr-490	118	50	.	.	PUNCT
ftr-490	119	1	13	13	NUM
ftr-490	120	1	no	no	DET
ftr-490	120	2	cod	cod	NOUN
ftr-490	120	3	income	income	NOUN
ftr-490	120	4	would	would	AUX
ftr-490	120	5	be	be	AUX
ftr-490	120	6	considered	consider	VERB
ftr-490	120	7	realized	realize	VERB
ftr-490	120	8	.	.	PUNCT
ftr-490	121	1	14	14	NUM
ftr-490	121	2	does	do	AUX
ftr-490	121	3	the	the	DET
ftr-490	121	4	dichotomy	dichotomy	NOUN
ftr-490	121	5	in	in	ADP
ftr-490	121	6	treatment	treatment	NOUN
ftr-490	121	7	of	of	ADP
ftr-490	121	8	recourse	recourse	NOUN
ftr-490	121	9	and	and	CCONJ
ftr-490	121	10	nonrecourse	nonrecourse	NOUN
ftr-490	121	11	debt	debt	NOUN
ftr-490	121	12	make	make	VERB
ftr-490	121	13	conceptual	conceptual	ADJ
ftr-490	121	14	sense	sense	NOUN
ftr-490	121	15	?	?	PUNCT
ftr-490	122	1	if	if	SCONJ
ftr-490	122	2	not	not	PART
ftr-490	122	3	,	,	PUNCT
ftr-490	122	4	how	how	SCONJ
ftr-490	122	5	did	do	AUX
ftr-490	122	6	it	it	PRON
ftr-490	122	7	come	come	VERB
ftr-490	122	8	about	about	ADP
ftr-490	122	9	and	and	CCONJ
ftr-490	122	10	why	why	SCONJ
ftr-490	122	11	does	do	AUX
ftr-490	122	12	it	it	PRON
ftr-490	122	13	remain	remain	VERB
ftr-490	122	14	?	?	PUNCT
ftr-490	123	1	what	what	PRON
ftr-490	123	2	are	be	AUX
ftr-490	123	3	the	the	DET
ftr-490	123	4	practical	practical	ADJ
ftr-490	123	5	consequences	consequence	NOUN
ftr-490	123	6	of	of	ADP
ftr-490	123	7	the	the	DET
ftr-490	123	8	dichotomy	dichotomy	NOUN
ftr-490	123	9	?	?	PUNCT
ftr-490	124	1	these	these	PRON
ftr-490	124	2	are	be	AUX
ftr-490	124	3	the	the	DET
ftr-490	124	4	questions	question	NOUN
ftr-490	124	5	with	with	ADP
ftr-490	124	6	which	which	PRON
ftr-490	124	7	this	this	DET
ftr-490	124	8	article	article	NOUN
ftr-490	124	9	deals	deal	VERB
ftr-490	124	10	.	.	PUNCT
ftr-490	125	1	and	and	CCONJ
ftr-490	125	2	while	while	SCONJ
ftr-490	125	3	the	the	DET
ftr-490	125	4	questions	question	NOUN
ftr-490	125	5	seem	seem	VERB
ftr-490	125	6	to	to	PART
ftr-490	125	7	be	be	AUX
ftr-490	125	8	fairly	fairly	ADV
ftr-490	125	9	narrow	narrow	ADJ
ftr-490	125	10	in	in	ADP
ftr-490	125	11	scope	scope	NOUN
ftr-490	125	12	,	,	PUNCT
ftr-490	125	13	their	their	PRON
ftr-490	125	14	resolutions	resolution	NOUN
ftr-490	125	15	require	require	VERB
ftr-490	125	16	a	a	DET
ftr-490	125	17	broad	broad	ADJ
ftr-490	125	18	consideration	consideration	NOUN
ftr-490	125	19	of	of	ADP
ftr-490	125	20	fundamental	fundamental	ADJ
ftr-490	125	21	principles	principle	NOUN
ftr-490	125	22	of	of	ADP
ftr-490	125	23	income	income	NOUN
ftr-490	125	24	taxation	taxation	NOUN
ftr-490	125	25	,	,	PUNCT
ftr-490	125	26	including	include	VERB
ftr-490	125	27	the	the	DET
ftr-490	125	28	treatment	treatment	NOUN
ftr-490	125	29	of	of	ADP
ftr-490	125	30	gains	gain	NOUN
ftr-490	125	31	and	and	CCONJ
ftr-490	125	32	losses	loss	NOUN
ftr-490	125	33	attributable	attributable	ADJ
ftr-490	125	34	to	to	ADP
ftr-490	125	35	personal	personal	ADJ
ftr-490	125	36	-	-	PUNCT
ftr-490	125	37	use	use	NOUN
ftr-490	125	38	property	property	NOUN
ftr-490	125	39	.	.	PUNCT
ftr-490	126	1	part	part	NOUN
ftr-490	126	2	ii	ii	PROPN
ftr-490	126	3	of	of	ADP
ftr-490	126	4	this	this	DET
ftr-490	126	5	article	article	NOUN
ftr-490	126	6	delves	delve	VERB
ftr-490	126	7	into	into	ADP
ftr-490	126	8	the	the	DET
ftr-490	126	9	historical	historical	ADJ
ftr-490	126	10	development	development	NOUN
ftr-490	126	11	of	of	ADP
ftr-490	126	12	the	the	DET
ftr-490	126	13	dichotomy	dichotomy	NOUN
ftr-490	126	14	,	,	PUNCT
ftr-490	126	15	exploring	explore	VERB
ftr-490	126	16	the	the	DET
ftr-490	126	17	decision	decision	NOUN
ftr-490	126	18	and	and	CCONJ
ftr-490	126	19	briefs	brief	NOUN
ftr-490	126	20	in	in	ADP
ftr-490	126	21	tufts	tuft	NOUN
ftr-490	126	22	and	and	CCONJ
ftr-490	126	23	the	the	DET
ftr-490	126	24	promulgation	promulgation	NOUN
ftr-490	126	25	of	of	ADP
ftr-490	126	26	the	the	DET
ftr-490	126	27	regulations	regulation	NOUN
ftr-490	126	28	formalizing	formalize	VERB
ftr-490	126	29	the	the	DET
ftr-490	126	30	tufts	tuft	NOUN
ftr-490	126	31	approach	approach	NOUN
ftr-490	126	32	for	for	ADP
ftr-490	126	33	nonrecourse	nonrecourse	NOUN
ftr-490	126	34	debt	debt	NOUN
ftr-490	126	35	and	and	CCONJ
ftr-490	126	36	containing	contain	VERB
ftr-490	126	37	the	the	DET
ftr-490	126	38	bifurcated	bifurcated	ADJ
ftr-490	126	39	rule	rule	NOUN
ftr-490	126	40	for	for	ADP
ftr-490	126	41	recourse	recourse	NOUN
ftr-490	126	42	debt	debt	NOUN
ftr-490	126	43	.	.	PUNCT
ftr-490	127	1	a	a	DET
ftr-490	127	2	thoughtful	thoughtful	ADJ
ftr-490	127	3	parsing	parsing	NOUN
ftr-490	127	4	of	of	ADP
ftr-490	127	5	both	both	DET
ftr-490	127	6	the	the	DET
ftr-490	127	7	tufts	tuft	NOUN
ftr-490	127	8	decision	decision	NOUN
ftr-490	127	9	and	and	CCONJ
ftr-490	127	10	the	the	DET
ftr-490	127	11	supporting	support	VERB
ftr-490	127	12	briefs	brief	NOUN
ftr-490	127	13	reveals	reveal	VERB
ftr-490	127	14	that	that	SCONJ
ftr-490	127	15	the	the	DET
ftr-490	127	16	court	court	NOUN
ftr-490	127	17	was	be	AUX
ftr-490	127	18	not	not	PART
ftr-490	127	19	likely	likely	ADV
ftr-490	127	20	aware	aware	ADJ
ftr-490	127	21	that	that	SCONJ
ftr-490	127	22	the	the	DET
ftr-490	127	23	bifurcated	bifurcated	ADJ
ftr-490	127	24	approach	approach	NOUN
ftr-490	127	25	controlled	control	VERB
ftr-490	127	26	in	in	ADP
ftr-490	127	27	the	the	DET
ftr-490	127	28	case	case	NOUN
ftr-490	127	29	of	of	ADP
ftr-490	127	30	recourse	recourse	NOUN
ftr-490	127	31	debt	debt	NOUN
ftr-490	127	32	and	and	CCONJ
ftr-490	127	33	was	be	AUX
ftr-490	127	34	not	not	PART
ftr-490	127	35	likely	likely	ADV
ftr-490	127	36	aware	aware	ADJ
ftr-490	127	37	that	that	SCONJ
ftr-490	127	38	it	it	PRON
ftr-490	127	39	was	be	AUX
ftr-490	127	40	cementing	cement	VERB
ftr-490	127	41	different	different	ADJ
ftr-490	127	42	approaches	approach	NOUN
ftr-490	127	43	in	in	ADP
ftr-490	127	44	the	the	DET
ftr-490	127	45	tufts	tufts	NOUN
ftr-490	127	46	situation	situation	NOUN
ftr-490	127	47	depending	depend	VERB
ftr-490	127	48	on	on	ADP
ftr-490	127	49	whether	whether	SCONJ
ftr-490	127	50	the	the	DET
ftr-490	127	51	debt	debt	NOUN
ftr-490	127	52	involved	involve	VERB
ftr-490	127	53	in	in	ADP
ftr-490	127	54	the	the	DET
ftr-490	127	55	transaction	transaction	NOUN
ftr-490	127	56	is	be	AUX
ftr-490	127	57	recourse	recourse	NOUN
ftr-490	127	58	or	or	CCONJ
ftr-490	127	59	nonrecourse	nonrecourse	NOUN
ftr-490	127	60	.	.	PUNCT
ftr-490	128	1	part	part	NOUN
ftr-490	128	2	iii	iii	X
ftr-490	128	3	examines	examine	VERB
ftr-490	128	4	whether	whether	SCONJ
ftr-490	128	5	the	the	DET
ftr-490	128	6	dichotomy	dichotomy	NOUN
ftr-490	128	7	makes	make	VERB
ftr-490	128	8	sense	sense	NOUN
ftr-490	128	9	in	in	ADP
ftr-490	128	10	light	light	NOUN
ftr-490	128	11	of	of	ADP
ftr-490	128	12	both	both	CCONJ
ftr-490	128	13	the	the	DET
ftr-490	128	14	historical	historical	ADJ
ftr-490	128	15	development	development	NOUN
ftr-490	128	16	and	and	CCONJ
ftr-490	128	17	the	the	DET
ftr-490	128	18	more	more	ADV
ftr-490	128	19	recent	recent	ADJ
ftr-490	128	20	development	development	NOUN
ftr-490	128	21	of	of	ADP
ftr-490	128	22	doctrine	doctrine	NOUN
ftr-490	128	23	in	in	ADP
ftr-490	128	24	this	this	DET
ftr-490	128	25	area	area	NOUN
ftr-490	128	26	and	and	CCONJ
ftr-490	128	27	its	its	PRON
ftr-490	128	28	effects	effect	NOUN
ftr-490	128	29	in	in	ADP
ftr-490	128	30	the	the	DET
ftr-490	128	31	tax	tax	NOUN
ftr-490	128	32	world	world	NOUN
ftr-490	128	33	.	.	PUNCT
ftr-490	129	1	even	even	ADV
ftr-490	129	2	if	if	SCONJ
ftr-490	129	3	the	the	DET
ftr-490	129	4	collapsed	collapse	VERB
ftr-490	129	5	approach	approach	NOUN
ftr-490	129	6	for	for	ADP
ftr-490	129	7	nonrecourse	nonrecourse	NOUN
ftr-490	129	8	debt	debt	NOUN
ftr-490	129	9	were	be	AUX
ftr-490	129	10	defensible	defensible	ADJ
ftr-490	129	11	at	at	ADP
ftr-490	129	12	the	the	DET
ftr-490	129	13	time	time	NOUN
ftr-490	129	14	tufts	tuft	NOUN
ftr-490	129	15	was	be	AUX
ftr-490	129	16	considered	consider	VERB
ftr-490	129	17	,	,	PUNCT
ftr-490	129	18	its	its	PRON
ftr-490	129	19	continued	continue	VERB
ftr-490	129	20	defensibility	defensibility	NOUN
ftr-490	129	21	at	at	ADP
ftr-490	129	22	this	this	DET
ftr-490	129	23	point	point	NOUN
ftr-490	129	24	in	in	ADP
ftr-490	129	25	the	the	DET
ftr-490	129	26	evolution	evolution	NOUN
ftr-490	129	27	of	of	ADP
ftr-490	129	28	debt	debt	NOUN
ftr-490	129	29	-	-	PUNCT
ftr-490	129	30	discharge	discharge	NOUN
ftr-490	129	31	theory	theory	NOUN
ftr-490	129	32	is	be	AUX
ftr-490	129	33	questionable	questionable	ADJ
ftr-490	129	34	.	.	PUNCT
ftr-490	130	1	nonrecourse	nonrecourse	NOUN
ftr-490	130	2	indebtedness	indebtedness	NOUN
ftr-490	130	3	,	,	PUNCT
ftr-490	130	4	once	once	ADV
ftr-490	130	5	considered	consider	VERB
ftr-490	130	6	an	an	DET
ftr-490	130	7	inseparable	inseparable	ADJ
ftr-490	130	8	part	part	NOUN
ftr-490	130	9	of	of	ADP
ftr-490	130	10	the	the	DET
ftr-490	130	11	ownership	ownership	NOUN
ftr-490	130	12	interest	interest	NOUN
ftr-490	130	13	in	in	ADP
ftr-490	130	14	the	the	DET
ftr-490	130	15	securing	securing	NOUN
ftr-490	130	16	property	property	NOUN
ftr-490	130	17	,	,	PUNCT
ftr-490	130	18	has	have	AUX
ftr-490	130	19	been	be	AUX
ftr-490	130	20	increasingly	increasingly	ADV
ftr-490	130	21	recognized	recognize	VERB
ftr-490	130	22	as	as	ADP
ftr-490	130	23	a	a	DET
ftr-490	130	24	separate	separate	ADJ
ftr-490	130	25	tax	tax	NOUN
ftr-490	130	26	attribute	attribute	NOUN
ftr-490	130	27	requiring	require	VERB
ftr-490	130	28	independent	independent	ADJ
ftr-490	130	29	tax	tax	NOUN
ftr-490	130	30	analysis	analysis	NOUN
ftr-490	130	31	in	in	ADP
ftr-490	130	32	12	12	NUM
ftr-490	130	33	.	.	PUNCT
ftr-490	131	1	regs	reg	NOUN
ftr-490	131	2	.	.	PUNCT
ftr-490	132	1	§	§	PROPN
ftr-490	132	2	1.1001	1.1001	NUM
ftr-490	132	3	-	-	PUNCT
ftr-490	132	4	2(b	2(b	NUM
ftr-490	132	5	)	)	PUNCT
ftr-490	132	6	(	(	PUNCT
ftr-490	132	7	emphasis	emphasis	NOUN
ftr-490	132	8	added	add	VERB
ftr-490	132	9	)	)	PUNCT
ftr-490	132	10	.	.	PUNCT
ftr-490	133	1	13	13	NUM
ftr-490	133	2	.	.	PUNCT
ftr-490	134	1	the	the	DET
ftr-490	134	2	difference	difference	NOUN
ftr-490	134	3	between	between	ADP
ftr-490	134	4	the	the	DET
ftr-490	134	5	debtor	debtor	NOUN
ftr-490	134	6	's	's	PART
ftr-490	134	7	$	$	SYM
ftr-490	134	8	130,000	130,000	NUM
ftr-490	134	9	cost	cost	NOUN
ftr-490	134	10	basis	basis	NOUN
ftr-490	134	11	and	and	CCONJ
ftr-490	134	12	the	the	DET
ftr-490	134	13	$	$	SYM
ftr-490	134	14	122,000	122,000	NUM
ftr-490	134	15	amount	amount	NOUN
ftr-490	134	16	realized	realize	VERB
ftr-490	134	17	produces	produce	VERB
ftr-490	134	18	the	the	DET
ftr-490	134	19	$	$	SYM
ftr-490	134	20	8,000	8,000	NUM
ftr-490	134	21	realized	realize	VERB
ftr-490	134	22	capital	capital	NOUN
ftr-490	134	23	loss	loss	NOUN
ftr-490	134	24	under	under	ADP
ftr-490	134	25	sections	section	NOUN
ftr-490	134	26	1001(a	1001(a	NOUN
ftr-490	134	27	)	)	PUNCT
ftr-490	134	28	and	and	CCONJ
ftr-490	134	29	1221	1221	NUM
ftr-490	134	30	,	,	PUNCT
ftr-490	134	31	which	which	DET
ftr-490	134	32	loss	loss	NOUN
ftr-490	134	33	is	be	AUX
ftr-490	134	34	a	a	DET
ftr-490	134	35	nondeductible	nondeductible	ADJ
ftr-490	134	36	personal	personal	ADJ
ftr-490	134	37	loss	loss	NOUN
ftr-490	134	38	under	under	ADP
ftr-490	134	39	section	section	NOUN
ftr-490	134	40	165(a	165(a	NOUN
ftr-490	134	41	)	)	PUNCT
ftr-490	134	42	and	and	CCONJ
ftr-490	134	43	(	(	PUNCT
ftr-490	134	44	c	c	NOUN
ftr-490	134	45	)	)	PUNCT
ftr-490	134	46	.	.	PUNCT
ftr-490	135	1	14	14	NUM
ftr-490	135	2	.	.	PUNCT
ftr-490	136	1	in	in	ADP
ftr-490	136	2	the	the	DET
ftr-490	136	3	more	more	ADV
ftr-490	136	4	distant	distant	ADJ
ftr-490	136	5	past	past	NOUN
ftr-490	136	6	,	,	PUNCT
ftr-490	136	7	neither	neither	CCONJ
ftr-490	136	8	the	the	DET
ftr-490	136	9	government	government	NOUN
ftr-490	136	10	nor	nor	CCONJ
ftr-490	136	11	the	the	DET
ftr-490	136	12	courts	court	NOUN
ftr-490	136	13	consistently	consistently	ADV
ftr-490	136	14	applied	apply	VERB
ftr-490	136	15	the	the	DET
ftr-490	136	16	bifurcated	bifurcated	ADJ
ftr-490	136	17	approach	approach	NOUN
ftr-490	136	18	in	in	ADP
ftr-490	136	19	the	the	DET
ftr-490	136	20	case	case	NOUN
ftr-490	136	21	of	of	ADP
ftr-490	136	22	recourse	recourse	NOUN
ftr-490	136	23	debt	debt	NOUN
ftr-490	136	24	,	,	PUNCT
ftr-490	136	25	oftentimes	oftentime	VERB
ftr-490	136	26	applying	apply	VERB
ftr-490	136	27	the	the	DET
ftr-490	136	28	collapsed	collapse	VERB
ftr-490	136	29	approach	approach	NOUN
ftr-490	136	30	instead	instead	ADV
ftr-490	136	31	.	.	PUNCT
ftr-490	137	1	see	see	VERB
ftr-490	137	2	alice	alice	PROPN
ftr-490	137	3	cunningham	cunningham	PROPN
ftr-490	137	4	,	,	PUNCT
ftr-490	137	5	payment	payment	NOUN
ftr-490	137	6	of	of	ADP
ftr-490	137	7	debt	debt	NOUN
ftr-490	137	8	with	with	ADP
ftr-490	137	9	property	property	NOUN
ftr-490	137	10	-	-	PUNCT
ftr-490	137	11	the	the	DET
ftr-490	137	12	two	two	NUM
ftr-490	137	13	-	-	PUNCT
ftr-490	137	14	step	step	NOUN
ftr-490	137	15	analysis	analysis	NOUN
ftr-490	137	16	after	after	ADP
ftr-490	137	17	commissioner	commissioner	NOUN
ftr-490	137	18	v.	v.	ADP
ftr-490	137	19	tufts	tuft	NOUN
ftr-490	137	20	,	,	PUNCT
ftr-490	137	21	38	38	NUM
ftr-490	137	22	tax	tax	NOUN
ftr-490	137	23	law	law	NOUN
ftr-490	137	24	.	.	PUNCT
ftr-490	138	1	575	575	NUM
ftr-490	138	2	,	,	PUNCT
ftr-490	138	3	599	599	NUM
ftr-490	138	4	-	-	SYM
ftr-490	138	5	605	605	NUM
ftr-490	138	6	(	(	PUNCT
ftr-490	138	7	1985	1985	NUM
ftr-490	138	8	)	)	PUNCT
ftr-490	139	1	[	[	X
ftr-490	139	2	hereinafter	hereinafter	NOUN
ftr-490	139	3	cunningham	cunningham	PROPN
ftr-490	139	4	i	i	PRON
ftr-490	139	5	]	]	X
ftr-490	139	6	.	.	PUNCT
ftr-490	140	1	however	however	ADV
ftr-490	140	2	,	,	PUNCT
ftr-490	140	3	the	the	DET
ftr-490	140	4	bifurcated	bifurcated	ADJ
ftr-490	140	5	approach	approach	NOUN
ftr-490	140	6	has	have	AUX
ftr-490	140	7	clearly	clearly	ADV
ftr-490	140	8	controlled	control	VERB
ftr-490	140	9	in	in	ADP
ftr-490	140	10	recent	recent	ADJ
ftr-490	140	11	years	year	NOUN
ftr-490	140	12	in	in	ADP
ftr-490	140	13	the	the	DET
ftr-490	140	14	case	case	NOUN
ftr-490	140	15	of	of	ADP
ftr-490	140	16	recourse	recourse	NOUN
ftr-490	140	17	debt	debt	NOUN
ftr-490	140	18	.	.	PUNCT
ftr-490	141	1	see	see	VERB
ftr-490	141	2	infra	infra	NOUN
ftr-490	141	3	note	note	VERB
ftr-490	141	4	72	72	NUM
ftr-490	141	5	and	and	CCONJ
ftr-490	141	6	accompanying	accompany	VERB
ftr-490	141	7	text	text	NOUN
ftr-490	141	8	(	(	PUNCT
ftr-490	141	9	discussing	discuss	VERB
ftr-490	141	10	a	a	DET
ftr-490	141	11	recent	recent	ADJ
ftr-490	141	12	case	case	NOUN
ftr-490	141	13	and	and	CCONJ
ftr-490	141	14	ruling	rule	VERB
ftr-490	141	15	consciously	consciously	ADV
ftr-490	141	16	affirming	affirm	VERB
ftr-490	141	17	the	the	DET
ftr-490	141	18	bifurcated	bifurcated	ADJ
ftr-490	141	19	approach	approach	NOUN
ftr-490	141	20	for	for	ADP
ftr-490	141	21	recourse	recourse	NOUN
ftr-490	141	22	debt	debt	NOUN
ftr-490	141	23	)	)	PUNCT
ftr-490	141	24	.	.	PUNCT
ftr-490	142	1	[	[	X
ftr-490	142	2	vol	vol	NOUN
ftr-490	142	3	1:3	1:3	NUM
ftr-490	142	4	tufts	tuft	NOUN
ftr-490	142	5	and	and	CCONJ
ftr-490	142	6	the	the	DET
ftr-490	142	7	evolution	evolution	NOUN
ftr-490	142	8	of	of	ADP
ftr-490	142	9	debt	debt	NOUN
ftr-490	142	10	-	-	PUNCT
ftr-490	142	11	discharge	discharge	NOUN
ftr-490	142	12	theory	theory	NOUN
ftr-490	142	13	contexts	contexts	NOUN
ftr-490	142	14	prior	prior	ADV
ftr-490	142	15	to	to	ADP
ftr-490	142	16	a	a	DET
ftr-490	142	17	transfer	transfer	NOUN
ftr-490	142	18	of	of	ADP
ftr-490	142	19	the	the	DET
ftr-490	142	20	securing	securing	NOUN
ftr-490	142	21	property	property	NOUN
ftr-490	142	22	.	.	PUNCT
ftr-490	143	1	the	the	DET
ftr-490	143	2	theory	theory	NOUN
ftr-490	143	3	underlying	underlie	VERB
ftr-490	143	4	the	the	DET
ftr-490	143	5	collapsed	collapsed	ADJ
ftr-490	143	6	approach	approach	NOUN
ftr-490	143	7	,	,	PUNCT
ftr-490	143	8	that	that	SCONJ
ftr-490	143	9	nonrecourse	nonrecourse	NOUN
ftr-490	143	10	indebtedness	indebtedness	NOUN
ftr-490	143	11	is	be	AUX
ftr-490	143	12	considered	consider	VERB
ftr-490	143	13	too	too	ADV
ftr-490	143	14	intimately	intimately	ADV
ftr-490	143	15	tied	tie	VERB
ftr-490	143	16	to	to	ADP
ftr-490	143	17	the	the	DET
ftr-490	143	18	property	property	NOUN
ftr-490	143	19	ownership	ownership	NOUN
ftr-490	143	20	to	to	PART
ftr-490	143	21	be	be	AUX
ftr-490	143	22	analyzed	analyze	VERB
ftr-490	143	23	as	as	ADP
ftr-490	143	24	a	a	DET
ftr-490	143	25	separate	separate	ADJ
ftr-490	143	26	tax	tax	NOUN
ftr-490	143	27	attribute	attribute	NOUN
ftr-490	143	28	on	on	ADP
ftr-490	143	29	disposition	disposition	NOUN
ftr-490	143	30	of	of	ADP
ftr-490	143	31	the	the	DET
ftr-490	143	32	property	property	NOUN
ftr-490	143	33	itself	itself	PRON
ftr-490	143	34	,	,	PUNCT
ftr-490	143	35	is	be	AUX
ftr-490	143	36	fast	fast	ADV
ftr-490	143	37	becoming	become	VERB
ftr-490	143	38	a	a	DET
ftr-490	143	39	conceptual	conceptual	ADJ
ftr-490	143	40	relic	relic	NOUN
ftr-490	143	41	in	in	ADP
ftr-490	143	42	this	this	DET
ftr-490	143	43	evolution	evolution	NOUN
ftr-490	143	44	.	.	PUNCT
ftr-490	144	1	moreover	moreover	ADV
ftr-490	144	2	,	,	PUNCT
ftr-490	144	3	the	the	DET
ftr-490	144	4	perceptiveness	perceptiveness	NOUN
ftr-490	144	5	of	of	ADP
ftr-490	144	6	tax	tax	NOUN
ftr-490	144	7	professionals	professional	NOUN
ftr-490	144	8	who	who	PRON
ftr-490	144	9	appreciate	appreciate	VERB
ftr-490	144	10	the	the	DET
ftr-490	144	11	radical	radical	ADJ
ftr-490	144	12	difference	difference	NOUN
ftr-490	144	13	in	in	ADP
ftr-490	144	14	tax	tax	NOUN
ftr-490	144	15	consequences	consequence	NOUN
ftr-490	144	16	on	on	ADP
ftr-490	144	17	disposition	disposition	NOUN
ftr-490	144	18	of	of	ADP
ftr-490	144	19	the	the	DET
ftr-490	144	20	securing	securing	NOUN
ftr-490	144	21	property	property	NOUN
ftr-490	144	22	depending	depend	VERB
ftr-490	144	23	on	on	ADP
ftr-490	144	24	whether	whether	SCONJ
ftr-490	144	25	the	the	DET
ftr-490	144	26	debt	debt	NOUN
ftr-490	144	27	is	be	AUX
ftr-490	144	28	recourse	recourse	NOUN
ftr-490	144	29	or	or	CCONJ
ftr-490	144	30	nonrecourse	nonrecourse	NOUN
ftr-490	144	31	,	,	PUNCT
ftr-490	144	32	as	as	ADV
ftr-490	144	33	well	well	ADV
ftr-490	144	34	as	as	ADP
ftr-490	144	35	the	the	DET
ftr-490	144	36	radical	radical	ADJ
ftr-490	144	37	difference	difference	NOUN
ftr-490	144	38	in	in	ADP
ftr-490	144	39	tax	tax	NOUN
ftr-490	144	40	consequences	consequence	NOUN
ftr-490	144	41	on	on	ADP
ftr-490	144	42	the	the	DET
ftr-490	144	43	discharge	discharge	NOUN
ftr-490	144	44	of	of	ADP
ftr-490	144	45	nonrecourse	nonrecourse	ADJ
ftr-490	144	46	debt	debt	NOUN
ftr-490	144	47	itself	itself	PRON
ftr-490	144	48	depending	depend	VERB
ftr-490	144	49	on	on	ADP
ftr-490	144	50	whether	whether	SCONJ
ftr-490	144	51	the	the	DET
ftr-490	144	52	securing	securing	NOUN
ftr-490	144	53	property	property	NOUN
ftr-490	144	54	is	be	AUX
ftr-490	144	55	retained	retain	VERB
ftr-490	144	56	or	or	CCONJ
ftr-490	144	57	transferred	transfer	VERB
ftr-490	144	58	,	,	PUNCT
ftr-490	144	59	has	have	AUX
ftr-490	144	60	resulted	result	VERB
ftr-490	144	61	in	in	ADP
ftr-490	144	62	the	the	DET
ftr-490	144	63	structuring	structuring	NOUN
ftr-490	144	64	of	of	ADP
ftr-490	144	65	transactions	transaction	NOUN
ftr-490	144	66	that	that	PRON
ftr-490	144	67	exploit	exploit	VERB
ftr-490	144	68	these	these	DET
ftr-490	144	69	discontinuities	discontinuity	NOUN
ftr-490	144	70	.	.	PUNCT
ftr-490	145	1	of	of	ADP
ftr-490	145	2	course	course	NOUN
ftr-490	145	3	,	,	PUNCT
ftr-490	145	4	that	that	SCONJ
ftr-490	145	5	in	in	ADP
ftr-490	145	6	itself	itself	PRON
ftr-490	145	7	is	be	AUX
ftr-490	145	8	not	not	PART
ftr-490	145	9	troublesome	troublesome	ADJ
ftr-490	145	10	if	if	SCONJ
ftr-490	145	11	the	the	DET
ftr-490	145	12	differing	differ	VERB
ftr-490	145	13	treatments	treatment	NOUN
ftr-490	145	14	are	be	AUX
ftr-490	145	15	warranted	warrant	VERB
ftr-490	145	16	for	for	ADP
ftr-490	145	17	sound	sound	ADJ
ftr-490	145	18	conceptual	conceptual	ADJ
ftr-490	145	19	reasons	reason	NOUN
ftr-490	145	20	,	,	PUNCT
ftr-490	145	21	but	but	CCONJ
ftr-490	145	22	an	an	DET
ftr-490	145	23	examination	examination	NOUN
ftr-490	145	24	of	of	ADP
ftr-490	145	25	the	the	DET
ftr-490	145	26	reasons	reason	NOUN
ftr-490	145	27	fashioned	fashion	VERB
ftr-490	145	28	for	for	ADP
ftr-490	145	29	the	the	DET
ftr-490	145	30	collapsed	collapse	VERB
ftr-490	145	31	approach	approach	NOUN
ftr-490	145	32	finds	find	VERB
ftr-490	145	33	them	they	PRON
ftr-490	145	34	wanting	want	VERB
ftr-490	145	35	.	.	PUNCT
ftr-490	146	1	because	because	SCONJ
ftr-490	146	2	all	all	DET
ftr-490	146	3	good	good	ADJ
ftr-490	146	4	things	thing	NOUN
ftr-490	146	5	come	come	VERB
ftr-490	146	6	to	to	ADP
ftr-490	146	7	those	those	PRON
ftr-490	146	8	who	who	PRON
ftr-490	146	9	wait	wait	VERB
ftr-490	146	10	,	,	PUNCT
ftr-490	146	11	the	the	DET
ftr-490	146	12	heart	heart	NOUN
ftr-490	146	13	of	of	ADP
ftr-490	146	14	the	the	DET
ftr-490	146	15	critique	critique	NOUN
ftr-490	146	16	of	of	ADP
ftr-490	146	17	the	the	DET
ftr-490	146	18	collapsed	collapse	VERB
ftr-490	146	19	approach	approach	NOUN
ftr-490	146	20	is	be	AUX
ftr-490	146	21	reserved	reserve	VERB
ftr-490	146	22	for	for	ADP
ftr-490	146	23	part	part	NOUN
ftr-490	146	24	iv	iv	NUM
ftr-490	146	25	.	.	PUNCT
ftr-490	146	26	part	part	NOUN
ftr-490	146	27	iv	iv	NUM
ftr-490	146	28	considers	consider	VERB
ftr-490	146	29	the	the	DET
ftr-490	146	30	indefensible	indefensible	ADJ
ftr-490	146	31	effects	effect	NOUN
ftr-490	146	32	of	of	ADP
ftr-490	146	33	the	the	DET
ftr-490	146	34	collapsed	collapse	VERB
ftr-490	146	35	approach	approach	NOUN
ftr-490	146	36	on	on	ADP
ftr-490	146	37	the	the	DET
ftr-490	146	38	disposition	disposition	NOUN
ftr-490	146	39	of	of	ADP
ftr-490	146	40	personal	personal	ADJ
ftr-490	146	41	-	-	PUNCT
ftr-490	146	42	use	use	NOUN
ftr-490	146	43	property	property	NOUN
ftr-490	146	44	and	and	CCONJ
ftr-490	146	45	the	the	DET
ftr-490	146	46	lessons	lesson	NOUN
ftr-490	146	47	learned	learn	VERB
ftr-490	146	48	in	in	ADP
ftr-490	146	49	that	that	DET
ftr-490	146	50	context	context	NOUN
ftr-490	146	51	.	.	PUNCT
ftr-490	147	1	the	the	DET
ftr-490	147	2	collapsed	collapse	VERB
ftr-490	147	3	approach	approach	NOUN
ftr-490	147	4	allows	allow	VERB
ftr-490	147	5	,	,	PUNCT
ftr-490	147	6	in	in	ADP
ftr-490	147	7	effect	effect	NOUN
ftr-490	147	8	,	,	PUNCT
ftr-490	147	9	a	a	DET
ftr-490	147	10	backdoor	backdoor	NOUN
ftr-490	147	11	deduction	deduction	NOUN
ftr-490	147	12	of	of	ADP
ftr-490	147	13	what	what	PRON
ftr-490	147	14	is	be	AUX
ftr-490	147	15	considered	consider	VERB
ftr-490	147	16	taxable	taxable	ADJ
ftr-490	147	17	personal	personal	ADJ
ftr-490	147	18	consumption	consumption	NOUN
ftr-490	147	19	in	in	ADP
ftr-490	147	20	that	that	DET
ftr-490	147	21	context	context	NOUN
ftr-490	147	22	.	.	PUNCT
ftr-490	148	1	examining	examine	VERB
ftr-490	148	2	the	the	DET
ftr-490	148	3	consequences	consequence	NOUN
ftr-490	148	4	of	of	ADP
ftr-490	148	5	the	the	DET
ftr-490	148	6	collapsed	collapse	VERB
ftr-490	148	7	approach	approach	NOUN
ftr-490	148	8	in	in	ADP
ftr-490	148	9	those	those	DET
ftr-490	148	10	circumstances	circumstance	NOUN
ftr-490	148	11	(	(	PUNCT
ftr-490	148	12	circumstances	circumstance	NOUN
ftr-490	148	13	which	which	PRON
ftr-490	148	14	may	may	AUX
ftr-490	148	15	be	be	AUX
ftr-490	148	16	rare	rare	ADJ
ftr-490	148	17	in	in	ADP
ftr-490	148	18	the	the	DET
ftr-490	148	19	real	real	ADJ
ftr-490	148	20	world	world	NOUN
ftr-490	148	21	)	)	PUNCT
ftr-490	148	22	demonstrates	demonstrate	VERB
ftr-490	148	23	the	the	DET
ftr-490	148	24	fatal	fatal	ADJ
ftr-490	148	25	flaw	flaw	NOUN
ftr-490	148	26	of	of	ADP
ftr-490	148	27	the	the	DET
ftr-490	148	28	collapsed	collapse	VERB
ftr-490	148	29	approach	approach	NOUN
ftr-490	148	30	in	in	ADP
ftr-490	148	31	all	all	DET
ftr-490	148	32	contexts	contexts	NOUN
ftr-490	148	33	:	:	PUNCT
ftr-490	148	34	it	it	PRON
ftr-490	148	35	links	link	VERB
ftr-490	148	36	the	the	DET
ftr-490	148	37	accession	accession	NOUN
ftr-490	148	38	to	to	ADP
ftr-490	148	39	wealth	wealth	NOUN
ftr-490	148	40	that	that	PRON
ftr-490	148	41	arises	arise	VERB
ftr-490	148	42	on	on	ADP
ftr-490	148	43	failure	failure	NOUN
ftr-490	148	44	to	to	PART
ftr-490	148	45	repay	repay	VERB
ftr-490	148	46	loan	loan	NOUN
ftr-490	148	47	proceeds	proceed	NOUN
ftr-490	148	48	to	to	ADP
ftr-490	148	49	the	the	DET
ftr-490	148	50	ownership	ownership	NOUN
ftr-490	148	51	interest	interest	NOUN
ftr-490	148	52	in	in	ADP
ftr-490	148	53	the	the	DET
ftr-490	148	54	securing	securing	NOUN
ftr-490	148	55	property	property	NOUN
ftr-490	148	56	when	when	SCONJ
ftr-490	148	57	the	the	DET
ftr-490	148	58	accession	accession	NOUN
ftr-490	148	59	to	to	ADP
ftr-490	148	60	wealth	wealth	NOUN
ftr-490	148	61	should	should	AUX
ftr-490	148	62	be	be	AUX
ftr-490	148	63	attributed	attribute	VERB
ftr-490	148	64	solely	solely	ADV
ftr-490	148	65	to	to	ADP
ftr-490	148	66	the	the	DET
ftr-490	148	67	liability	liability	NOUN
ftr-490	148	68	relief	relief	NOUN
ftr-490	148	69	.	.	PUNCT
ftr-490	149	1	the	the	DET
ftr-490	149	2	article	article	NOUN
ftr-490	149	3	ultimately	ultimately	ADV
ftr-490	149	4	suggests	suggest	VERB
ftr-490	149	5	the	the	DET
ftr-490	149	6	adoption	adoption	NOUN
ftr-490	149	7	of	of	ADP
ftr-490	149	8	the	the	DET
ftr-490	149	9	bifurcated	bifurcated	ADJ
ftr-490	149	10	approach	approach	NOUN
ftr-490	149	11	for	for	ADP
ftr-490	149	12	both	both	PRON
ftr-490	149	13	nonrecourse	nonrecourse	NOUN
ftr-490	149	14	and	and	CCONJ
ftr-490	149	15	recourse	recourse	VERB
ftr-490	149	16	debt	debt	NOUN
ftr-490	149	17	when	when	SCONJ
ftr-490	149	18	debt	debt	NOUN
ftr-490	149	19	is	be	AUX
ftr-490	149	20	discharged	discharge	VERB
ftr-490	149	21	upon	upon	SCONJ
ftr-490	149	22	the	the	DET
ftr-490	149	23	transfer	transfer	NOUN
ftr-490	149	24	of	of	ADP
ftr-490	149	25	property	property	NOUN
ftr-490	149	26	worth	worth	ADJ
ftr-490	149	27	less	less	ADJ
ftr-490	149	28	than	than	ADP
ftr-490	149	29	the	the	DET
ftr-490	149	30	outstanding	outstanding	ADJ
ftr-490	149	31	debt	debt	NOUN
ftr-490	149	32	.	.	PUNCT
ftr-490	150	1	ii	ii	PROPN
ftr-490	150	2	.	.	PUNCT
ftr-490	151	1	the	the	DET
ftr-490	151	2	historical	historical	ADJ
ftr-490	151	3	development	development	NOUN
ftr-490	151	4	of	of	ADP
ftr-490	151	5	the	the	DET
ftr-490	151	6	dichotomy	dichotomy	NOUN
ftr-490	151	7	a.	a.	NOUN
ftr-490	151	8	the	the	DET
ftr-490	151	9	tufts	tuft	NOUN
ftr-490	151	10	decision	decision	NOUN
ftr-490	151	11	1	1	NUM
ftr-490	151	12	.	.	PUNCT
ftr-490	152	1	the	the	DET
ftr-490	152	2	tufts	tuft	NOUN
ftr-490	152	3	facts	fact	NOUN
ftr-490	152	4	and	and	CCONJ
ftr-490	152	5	the	the	DET
ftr-490	152	6	two	two	NUM
ftr-490	152	7	tufts	tuft	NOUN
ftr-490	152	8	issues.-in	issues.-in	VERB
ftr-490	152	9	the	the	DET
ftr-490	152	10	simplified	simplified	ADJ
ftr-490	152	11	facts	fact	NOUN
ftr-490	152	12	of	of	ADP
ftr-490	152	13	commissioner	commissioner	NOUN
ftr-490	152	14	v.	v.	ADP
ftr-490	152	15	tufts	tuft	NOUN
ftr-490	152	16	,	,	PUNCT
ftr-490	152	17	'	'	PUNCT
ftr-490	152	18	5	5	NUM
ftr-490	152	19	tufts	tuft	NOUN
ftr-490	152	20	transferred	transfer	VERB
ftr-490	152	21	property	property	NOUN
ftr-490	152	22	with	with	ADP
ftr-490	152	23	a	a	DET
ftr-490	152	24	fair	fair	ADJ
ftr-490	152	25	market	market	NOUN
ftr-490	152	26	value	value	NOUN
ftr-490	152	27	of	of	ADP
ftr-490	152	28	$	$	SYM
ftr-490	152	29	1,400,000	1,400,000	NUM
ftr-490	152	30	to	to	ADP
ftr-490	152	31	a	a	DET
ftr-490	152	32	buyer	buyer	NOUN
ftr-490	152	33	who	who	PRON
ftr-490	152	34	agreed	agree	VERB
ftr-490	152	35	to	to	PART
ftr-490	152	36	reimburse	reimburse	VERB
ftr-490	152	37	sale	sale	NOUN
ftr-490	152	38	expenses	expense	NOUN
ftr-490	152	39	and	and	CCONJ
ftr-490	152	40	to	to	PART
ftr-490	152	41	take	take	VERB
ftr-490	152	42	the	the	DET
ftr-490	152	43	property	property	NOUN
ftr-490	152	44	subject	subject	NOUN
ftr-490	152	45	to	to	ADP
ftr-490	152	46	the	the	DET
ftr-490	152	47	nonrecourse	nonrecourse	NOUN
ftr-490	152	48	mortgage	mortgage	NOUN
ftr-490	152	49	.	.	PUNCT
ftr-490	153	1	tufts	tuft	NOUN
ftr-490	153	2	had	have	AUX
ftr-490	153	3	financed	finance	VERB
ftr-490	153	4	15	15	NUM
ftr-490	153	5	.	.	PUNCT
ftr-490	154	1	461	461	NUM
ftr-490	154	2	u.s	u.s	PROPN
ftr-490	154	3	.	.	PROPN
ftr-490	154	4	300	300	NUM
ftr-490	154	5	(	(	PUNCT
ftr-490	154	6	1983	1983	NUM
ftr-490	154	7	)	)	PUNCT
ftr-490	154	8	.	.	PUNCT
ftr-490	155	1	the	the	DET
ftr-490	155	2	taxpayer	taxpayer	NOUN
ftr-490	155	3	incurring	incur	VERB
ftr-490	155	4	the	the	DET
ftr-490	155	5	nonrecourse	nonrecourse	NOUN
ftr-490	155	6	debt	debt	NOUN
ftr-490	155	7	was	be	AUX
ftr-490	155	8	actually	actually	ADV
ftr-490	155	9	a	a	DET
ftr-490	155	10	partnership	partnership	NOUN
ftr-490	155	11	in	in	ADP
ftr-490	155	12	which	which	PRON
ftr-490	155	13	tufts	tuft	NOUN
ftr-490	155	14	was	be	AUX
ftr-490	155	15	a	a	DET
ftr-490	155	16	partner	partner	NOUN
ftr-490	155	17	.	.	PUNCT
ftr-490	156	1	the	the	DET
ftr-490	156	2	property	property	NOUN
ftr-490	156	3	disposed	dispose	VERB
ftr-490	156	4	of	of	ADP
ftr-490	156	5	was	be	AUX
ftr-490	156	6	actually	actually	ADV
ftr-490	156	7	each	each	DET
ftr-490	156	8	partner	partner	NOUN
ftr-490	156	9	's	's	PART
ftr-490	156	10	interest	interest	NOUN
ftr-490	156	11	in	in	ADP
ftr-490	156	12	the	the	DET
ftr-490	156	13	partnership	partnership	NOUN
ftr-490	156	14	.	.	PUNCT
ftr-490	157	1	these	these	DET
ftr-490	157	2	subtleties	subtlety	NOUN
ftr-490	157	3	,	,	PUNCT
ftr-490	157	4	however	however	ADV
ftr-490	157	5	,	,	PUNCT
ftr-490	157	6	did	do	AUX
ftr-490	157	7	not	not	PART
ftr-490	157	8	affect	affect	VERB
ftr-490	157	9	the	the	DET
ftr-490	157	10	outcome	outcome	NOUN
ftr-490	157	11	of	of	ADP
ftr-490	157	12	the	the	DET
ftr-490	157	13	case	case	NOUN
ftr-490	157	14	,	,	PUNCT
ftr-490	157	15	and	and	CCONJ
ftr-490	157	16	the	the	DET
ftr-490	157	17	holding	holding	NOUN
ftr-490	157	18	applies	apply	VERB
ftr-490	157	19	to	to	ADP
ftr-490	157	20	all	all	DET
ftr-490	157	21	dispositions	disposition	NOUN
ftr-490	157	22	of	of	ADP
ftr-490	157	23	property	property	NOUN
ftr-490	157	24	subject	subject	NOUN
ftr-490	157	25	to	to	ADP
ftr-490	157	26	nonrecourse	nonrecourse	NOUN
ftr-490	157	27	debt	debt	NOUN
ftr-490	157	28	,	,	PUNCT
ftr-490	157	29	whether	whether	SCONJ
ftr-490	157	30	or	or	CCONJ
ftr-490	157	31	not	not	PART
ftr-490	157	32	within	within	ADP
ftr-490	157	33	the	the	DET
ftr-490	157	34	context	context	NOUN
ftr-490	157	35	of	of	ADP
ftr-490	157	36	a	a	DET
ftr-490	157	37	partnership	partnership	NOUN
ftr-490	157	38	.	.	PUNCT
ftr-490	158	1	19921	19921	NUM
ftr-490	158	2	florida	florida	PROPN
ftr-490	158	3	tax	tax	PROPN
ftr-490	158	4	review	review	NOUN
ftr-490	158	5	the	the	DET
ftr-490	158	6	property	property	NOUN
ftr-490	158	7	's	's	PART
ftr-490	158	8	construction	construction	NOUN
ftr-490	158	9	entirely	entirely	ADV
ftr-490	158	10	with	with	ADP
ftr-490	158	11	a	a	DET
ftr-490	158	12	$	$	SYM
ftr-490	158	13	1,850,000	1,850,000	NUM
ftr-490	158	14	nonrecourse	nonrecourse	NOUN
ftr-490	158	15	mortgage	mortgage	NOUN
ftr-490	158	16	,	,	PUNCT
ftr-490	158	17	and	and	CCONJ
ftr-490	158	18	thus	thus	ADV
ftr-490	158	19	the	the	DET
ftr-490	158	20	property	property	NOUN
ftr-490	158	21	's	's	PART
ftr-490	158	22	initial	initial	ADJ
ftr-490	158	23	basis	basis	NOUN
ftr-490	158	24	was	be	AUX
ftr-490	158	25	$	$	SYM
ftr-490	158	26	1,850,000	1,850,000	NUM
ftr-490	158	27	under	under	ADP
ftr-490	158	28	the	the	DET
ftr-490	158	29	rule	rule	NOUN
ftr-490	158	30	in	in	ADP
ftr-490	158	31	crane	crane	NOUN
ftr-490	158	32	v.	v.	PROPN
ftr-490	158	33	commissioner	commissioner	PROPN
ftr-490	158	34	.	.	PUNCT
ftr-490	159	1	'6	'6	X
ftr-490	159	2	because	because	SCONJ
ftr-490	159	3	of	of	ADP
ftr-490	159	4	$	$	SYM
ftr-490	159	5	400,000	400,000	NUM
ftr-490	159	6	of	of	ADP
ftr-490	159	7	depreciation	depreciation	NOUN
ftr-490	159	8	deductions	deduction	NOUN
ftr-490	159	9	taken	take	VERB
ftr-490	159	10	while	while	SCONJ
ftr-490	159	11	tufts	tuft	NOUN
ftr-490	159	12	owned	own	VERB
ftr-490	159	13	the	the	DET
ftr-490	159	14	property	property	NOUN
ftr-490	159	15	,	,	PUNCT
ftr-490	159	16	its	its	PRON
ftr-490	159	17	adjusted	adjusted	ADJ
ftr-490	159	18	basis	basis	NOUN
ftr-490	159	19	was	be	AUX
ftr-490	159	20	$	$	SYM
ftr-490	159	21	1,450,000	1,450,000	NUM
ftr-490	159	22	at	at	ADP
ftr-490	159	23	the	the	DET
ftr-490	159	24	time	time	NOUN
ftr-490	159	25	of	of	ADP
ftr-490	159	26	the	the	DET
ftr-490	159	27	sale	sale	NOUN
ftr-490	159	28	.	.	PUNCT
ftr-490	160	1	7	7	NUM
ftr-490	160	2	tufts	tuft	NOUN
ftr-490	160	3	had	have	AUX
ftr-490	160	4	not	not	PART
ftr-490	160	5	made	make	VERB
ftr-490	160	6	any	any	DET
ftr-490	160	7	principal	principal	ADJ
ftr-490	160	8	payments	payment	NOUN
ftr-490	160	9	on	on	ADP
ftr-490	160	10	the	the	DET
ftr-490	160	11	$	$	SYM
ftr-490	160	12	1,850,000	1,850,000	NUM
ftr-490	160	13	loan	loan	NOUN
ftr-490	160	14	before	before	ADP
ftr-490	160	15	selling	sell	VERB
ftr-490	160	16	the	the	DET
ftr-490	160	17	property	property	NOUN
ftr-490	160	18	.	.	PUNCT
ftr-490	161	1	tufts	tuft	NOUN
ftr-490	161	2	claimed	claim	VERB
ftr-490	161	3	a	a	DET
ftr-490	161	4	$	$	SYM
ftr-490	161	5	50,000	50,000	NUM
ftr-490	161	6	loss	loss	NOUN
ftr-490	161	7	on	on	ADP
ftr-490	161	8	the	the	DET
ftr-490	161	9	disposition	disposition	NOUN
ftr-490	161	10	under	under	ADP
ftr-490	161	11	section	section	NOUN
ftr-490	161	12	1001	1001	NUM
ftr-490	161	13	,	,	PUNCT
ftr-490	161	14	implicitly	implicitly	ADV
ftr-490	161	15	accepting	accept	VERB
ftr-490	161	16	that	that	SCONJ
ftr-490	161	17	the	the	DET
ftr-490	161	18	transaction	transaction	NOUN
ftr-490	161	19	was	be	AUX
ftr-490	161	20	governed	govern	VERB
ftr-490	161	21	entirely	entirely	ADV
ftr-490	161	22	by	by	ADP
ftr-490	161	23	section	section	NOUN
ftr-490	161	24	1001	1001	NUM
ftr-490	161	25	but	but	CCONJ
ftr-490	161	26	arguing	argue	VERB
ftr-490	161	27	that	that	SCONJ
ftr-490	161	28	the	the	DET
ftr-490	161	29	amount	amount	NOUN
ftr-490	161	30	realized	realize	VERB
ftr-490	161	31	under	under	ADP
ftr-490	161	32	that	that	DET
ftr-490	161	33	section	section	NOUN
ftr-490	161	34	was	be	AUX
ftr-490	161	35	equal	equal	ADJ
ftr-490	161	36	to	to	ADP
ftr-490	161	37	the	the	DET
ftr-490	161	38	amount	amount	NOUN
ftr-490	161	39	of	of	ADP
ftr-490	161	40	debt	debt	NOUN
ftr-490	161	41	of	of	ADP
ftr-490	161	42	which	which	PRON
ftr-490	161	43	he	he	PRON
ftr-490	161	44	was	be	AUX
ftr-490	161	45	relieved	relieve	VERB
ftr-490	161	46	but	but	CCONJ
ftr-490	161	47	limited	limit	VERB
ftr-490	161	48	to	to	ADP
ftr-490	161	49	the	the	DET
ftr-490	161	50	fair	fair	ADJ
ftr-490	161	51	market	market	NOUN
ftr-490	161	52	value	value	NOUN
ftr-490	161	53	of	of	ADP
ftr-490	161	54	the	the	DET
ftr-490	161	55	property	property	NOUN
ftr-490	161	56	transferred	transfer	VERB
ftr-490	161	57	.	.	PUNCT
ftr-490	162	1	tufts	tuft	NOUN
ftr-490	162	2	lost	lose	VERB
ftr-490	162	3	in	in	ADP
ftr-490	162	4	the	the	DET
ftr-490	162	5	tax	tax	NOUN
ftr-490	162	6	court	court	NOUN
ftr-490	162	7	'	'	PART
ftr-490	162	8	8	8	NUM
ftr-490	162	9	but	but	CCONJ
ftr-490	162	10	won	win	VERB
ftr-490	162	11	a	a	DET
ftr-490	162	12	reversal	reversal	NOUN
ftr-490	162	13	in	in	ADP
ftr-490	162	14	the	the	DET
ftr-490	162	15	fifth	fifth	ADJ
ftr-490	162	16	circuit	circuit	NOUN
ftr-490	162	17	court	court	NOUN
ftr-490	162	18	of	of	ADP
ftr-490	162	19	appeals	appeal	NOUN
ftr-490	162	20	.	.	PUNCT
ftr-490	163	1	9	9	NUM
ftr-490	163	2	the	the	DET
ftr-490	163	3	supreme	supreme	PROPN
ftr-490	163	4	court	court	PROPN
ftr-490	163	5	granted	grant	VERB
ftr-490	163	6	the	the	DET
ftr-490	163	7	government	government	NOUN
ftr-490	163	8	's	's	PART
ftr-490	163	9	petition	petition	NOUN
ftr-490	163	10	for	for	ADP
ftr-490	163	11	certiorari	certiorari	NOUN
ftr-490	163	12	.	.	PUNCT
ftr-490	164	1	justice	justice	NOUN
ftr-490	164	2	blackmun	blackmun	PROPN
ftr-490	164	3	's	's	PART
ftr-490	164	4	opinion	opinion	NOUN
ftr-490	164	5	for	for	ADP
ftr-490	164	6	the	the	DET
ftr-490	164	7	court	court	NOUN
ftr-490	164	8	began	begin	VERB
ftr-490	164	9	:	:	PUNCT
ftr-490	164	10	over	over	ADP
ftr-490	164	11	35	35	NUM
ftr-490	164	12	years	year	NOUN
ftr-490	164	13	ago	ago	ADV
ftr-490	164	14	,	,	PUNCT
ftr-490	164	15	in	in	ADP
ftr-490	164	16	crane	crane	NOUN
ftr-490	165	1	v.	v.	PROPN
ftr-490	165	2	commissioner	commissioner	PROPN
ftr-490	165	3	,	,	PUNCT
ftr-490	165	4	331	331	NUM
ftr-490	165	5	u.s	u.s	PROPN
ftr-490	165	6	.	.	PROPN
ftr-490	165	7	1	1	NUM
ftr-490	165	8	(	(	PUNCT
ftr-490	165	9	1947	1947	NUM
ftr-490	165	10	)	)	PUNCT
ftr-490	165	11	,	,	PUNCT
ftr-490	165	12	this	this	DET
ftr-490	165	13	court	court	NOUN
ftr-490	165	14	ruled	rule	VERB
ftr-490	165	15	that	that	SCONJ
ftr-490	165	16	a	a	DET
ftr-490	165	17	taxpayer	taxpayer	NOUN
ftr-490	165	18	,	,	PUNCT
ftr-490	165	19	who	who	PRON
ftr-490	165	20	sold	sell	VERB
ftr-490	165	21	property	property	NOUN
ftr-490	165	22	encumbered	encumber	VERB
ftr-490	165	23	by	by	ADP
ftr-490	165	24	a	a	DET
ftr-490	165	25	nonrecourse	nonrecourse	NOUN
ftr-490	165	26	mortgage	mortgage	NOUN
ftr-490	165	27	(	(	PUNCT
ftr-490	165	28	the	the	DET
ftr-490	165	29	amount	amount	NOUN
ftr-490	165	30	of	of	ADP
ftr-490	165	31	the	the	DET
ftr-490	165	32	mortgage	mortgage	NOUN
ftr-490	165	33	being	be	AUX
ftr-490	165	34	less	less	ADJ
ftr-490	165	35	than	than	ADP
ftr-490	165	36	the	the	DET
ftr-490	165	37	property	property	NOUN
ftr-490	165	38	's	's	PART
ftr-490	165	39	value	value	NOUN
ftr-490	165	40	)	)	PUNCT
ftr-490	165	41	,	,	PUNCT
ftr-490	165	42	must	must	AUX
ftr-490	165	43	include	include	VERB
ftr-490	165	44	the	the	DET
ftr-490	165	45	unpaid	unpaid	ADJ
ftr-490	165	46	balance	balance	NOUN
ftr-490	165	47	of	of	ADP
ftr-490	165	48	the	the	DET
ftr-490	165	49	mortgage	mortgage	NOUN
ftr-490	165	50	in	in	ADP
ftr-490	165	51	the	the	DET
ftr-490	165	52	computation	computation	NOUN
ftr-490	165	53	of	of	ADP
ftr-490	165	54	the	the	DET
ftr-490	165	55	amount	amount	NOUN
ftr-490	165	56	the	the	DET
ftr-490	165	57	taxpayer	taxpayer	NOUN
ftr-490	165	58	realized	realize	VERB
ftr-490	165	59	on	on	ADP
ftr-490	165	60	the	the	DET
ftr-490	165	61	sale	sale	NOUN
ftr-490	165	62	.	.	PUNCT
ftr-490	166	1	the	the	DET
ftr-490	166	2	case	case	NOUN
ftr-490	166	3	16	16	NUM
ftr-490	166	4	.	.	PUNCT
ftr-490	167	1	331	331	NUM
ftr-490	167	2	u.s	u.s	PROPN
ftr-490	167	3	.	.	PROPN
ftr-490	167	4	1	1	NUM
ftr-490	167	5	(	(	PUNCT
ftr-490	167	6	1947	1947	NUM
ftr-490	167	7	)	)	PUNCT
ftr-490	167	8	.	.	PUNCT
ftr-490	168	1	under	under	ADP
ftr-490	168	2	crane	crane	NOUN
ftr-490	168	3	,	,	PUNCT
ftr-490	168	4	the	the	DET
ftr-490	168	5	amount	amount	NOUN
ftr-490	168	6	of	of	ADP
ftr-490	168	7	purchase	purchase	NOUN
ftr-490	168	8	debt	debt	NOUN
ftr-490	168	9	is	be	AUX
ftr-490	168	10	included	include	VERB
ftr-490	168	11	in	in	ADP
ftr-490	168	12	cost	cost	NOUN
ftr-490	168	13	basis	basis	NOUN
ftr-490	168	14	,	,	PUNCT
ftr-490	168	15	whether	whether	SCONJ
ftr-490	168	16	the	the	DET
ftr-490	168	17	debt	debt	NOUN
ftr-490	168	18	is	be	AUX
ftr-490	168	19	recourse	recourse	NOUN
ftr-490	168	20	or	or	CCONJ
ftr-490	168	21	nonrecourse	nonrecourse	NOUN
ftr-490	168	22	.	.	PUNCT
ftr-490	169	1	on	on	ADP
ftr-490	169	2	the	the	DET
ftr-490	169	3	death	death	NOUN
ftr-490	169	4	of	of	ADP
ftr-490	169	5	her	her	PRON
ftr-490	169	6	husband	husband	NOUN
ftr-490	169	7	,	,	PUNCT
ftr-490	169	8	mrs	mrs	PROPN
ftr-490	169	9	.	.	PROPN
ftr-490	169	10	crane	crane	PROPN
ftr-490	169	11	received	receive	VERB
ftr-490	169	12	an	an	DET
ftr-490	169	13	apartment	apartment	NOUN
ftr-490	169	14	building	building	NOUN
ftr-490	169	15	subject	subject	ADJ
ftr-490	169	16	to	to	ADP
ftr-490	169	17	nonrecourse	nonrecourse	ADJ
ftr-490	169	18	debt	debt	NOUN
ftr-490	169	19	of	of	ADP
ftr-490	169	20	$	$	SYM
ftr-490	169	21	225,000	225,000	NUM
ftr-490	169	22	plus	plus	CCONJ
ftr-490	169	23	$	$	SYM
ftr-490	169	24	7,000	7,000	NUM
ftr-490	169	25	in	in	ADP
ftr-490	169	26	overdue	overdue	ADJ
ftr-490	169	27	interest	interest	NOUN
ftr-490	169	28	.	.	PUNCT
ftr-490	170	1	for	for	ADP
ftr-490	170	2	estate	estate	NOUN
ftr-490	170	3	tax	tax	NOUN
ftr-490	170	4	purposes	purpose	NOUN
ftr-490	170	5	,	,	PUNCT
ftr-490	170	6	the	the	DET
ftr-490	170	7	land	land	NOUN
ftr-490	170	8	and	and	CCONJ
ftr-490	170	9	building	building	NOUN
ftr-490	170	10	were	be	AUX
ftr-490	170	11	valued	value	VERB
ftr-490	170	12	at	at	ADP
ftr-490	170	13	$	$	SYM
ftr-490	170	14	262,000	262,000	NUM
ftr-490	170	15	-	-	PUNCT
ftr-490	170	16	precisely	precisely	ADV
ftr-490	170	17	the	the	DET
ftr-490	170	18	amount	amount	NOUN
ftr-490	170	19	of	of	ADP
ftr-490	170	20	the	the	DET
ftr-490	170	21	principal	principal	NOUN
ftr-490	170	22	and	and	CCONJ
ftr-490	170	23	overdue	overdue	ADJ
ftr-490	170	24	interest	interest	NOUN
ftr-490	170	25	-	-	PUNCT
ftr-490	170	26	so	so	ADV
ftr-490	170	27	her	her	PRON
ftr-490	170	28	equity	equity	NOUN
ftr-490	170	29	in	in	ADP
ftr-490	170	30	the	the	DET
ftr-490	170	31	land	land	NOUN
ftr-490	170	32	and	and	CCONJ
ftr-490	170	33	building	building	NOUN
ftr-490	170	34	was	be	AUX
ftr-490	170	35	zero	zero	NUM
ftr-490	170	36	.	.	PUNCT
ftr-490	171	1	she	she	PRON
ftr-490	171	2	took	take	VERB
ftr-490	171	3	depreciation	depreciation	NOUN
ftr-490	171	4	deductions	deduction	NOUN
ftr-490	171	5	totalling	total	VERB
ftr-490	171	6	$	$	SYM
ftr-490	171	7	25,500	25,500	NUM
ftr-490	171	8	over	over	ADP
ftr-490	171	9	her	her	PRON
ftr-490	171	10	seven	seven	NUM
ftr-490	171	11	years	year	NOUN
ftr-490	171	12	of	of	ADP
ftr-490	171	13	ownership	ownership	NOUN
ftr-490	171	14	.	.	PUNCT
ftr-490	172	1	she	she	PRON
ftr-490	172	2	collected	collect	VERB
ftr-490	172	3	rent	rent	NOUN
ftr-490	172	4	and	and	CCONJ
ftr-490	172	5	paid	pay	VERB
ftr-490	172	6	expenses	expense	NOUN
ftr-490	172	7	and	and	CCONJ
ftr-490	172	8	taxes	taxis	NOUN
ftr-490	172	9	,	,	PUNCT
ftr-490	172	10	but	but	CCONJ
ftr-490	172	11	the	the	DET
ftr-490	172	12	remaining	remain	VERB
ftr-490	172	13	net	net	ADJ
ftr-490	172	14	cash	cash	NOUN
ftr-490	172	15	flow	flow	NOUN
ftr-490	172	16	was	be	AUX
ftr-490	172	17	not	not	PART
ftr-490	172	18	sufficient	sufficient	ADJ
ftr-490	172	19	to	to	PART
ftr-490	172	20	service	service	VERB
ftr-490	172	21	the	the	DET
ftr-490	172	22	debt	debt	NOUN
ftr-490	172	23	.	.	PUNCT
ftr-490	173	1	at	at	ADP
ftr-490	173	2	the	the	DET
ftr-490	173	3	end	end	NOUN
ftr-490	173	4	of	of	ADP
ftr-490	173	5	seven	seven	NUM
ftr-490	173	6	years	year	NOUN
ftr-490	173	7	,	,	PUNCT
ftr-490	173	8	the	the	DET
ftr-490	173	9	$	$	SYM
ftr-490	173	10	225,000	225,000	NUM
ftr-490	173	11	principal	principal	NOUN
ftr-490	173	12	remained	remain	VERB
ftr-490	173	13	and	and	CCONJ
ftr-490	173	14	the	the	DET
ftr-490	173	15	interest	interest	NOUN
ftr-490	173	16	arrearage	arrearage	NOUN
ftr-490	173	17	actually	actually	ADV
ftr-490	173	18	increased	increase	VERB
ftr-490	173	19	.	.	PUNCT
ftr-490	174	1	the	the	DET
ftr-490	174	2	mortgagee	mortgagee	PROPN
ftr-490	174	3	threatened	threaten	VERB
ftr-490	174	4	foreclosure	foreclosure	NOUN
ftr-490	174	5	,	,	PUNCT
ftr-490	174	6	so	so	SCONJ
ftr-490	174	7	mrs	mrs	PROPN
ftr-490	174	8	.	.	PROPN
ftr-490	174	9	crane	crane	PROPN
ftr-490	174	10	sold	sell	VERB
ftr-490	174	11	the	the	DET
ftr-490	174	12	property	property	NOUN
ftr-490	174	13	for	for	ADP
ftr-490	174	14	$	$	SYM
ftr-490	174	15	3,000	3,000	NUM
ftr-490	174	16	in	in	ADP
ftr-490	174	17	cash	cash	NOUN
ftr-490	174	18	(	(	PUNCT
ftr-490	174	19	less	less	ADJ
ftr-490	174	20	$	$	SYM
ftr-490	174	21	500	500	NUM
ftr-490	174	22	in	in	ADP
ftr-490	174	23	selling	sell	VERB
ftr-490	174	24	expenses	expense	NOUN
ftr-490	174	25	)	)	PUNCT
ftr-490	174	26	.	.	PUNCT
ftr-490	175	1	the	the	DET
ftr-490	175	2	mortgagee	mortgagee	PROPN
ftr-490	175	3	also	also	ADV
ftr-490	175	4	took	take	VERB
ftr-490	175	5	the	the	DET
ftr-490	175	6	property	property	NOUN
ftr-490	175	7	subject	subject	NOUN
ftr-490	175	8	to	to	ADP
ftr-490	175	9	the	the	DET
ftr-490	175	10	nonrecourse	nonrecourse	NOUN
ftr-490	175	11	mortgage	mortgage	NOUN
ftr-490	175	12	.	.	PUNCT
ftr-490	176	1	she	she	PRON
ftr-490	176	2	reported	report	VERB
ftr-490	176	3	$	$	SYM
ftr-490	176	4	2,500	2,500	NUM
ftr-490	176	5	gain	gain	NOUN
ftr-490	176	6	,	,	PUNCT
ftr-490	176	7	arguing	argue	VERB
ftr-490	176	8	that	that	SCONJ
ftr-490	176	9	the	the	DET
ftr-490	176	10	amount	amount	NOUN
ftr-490	176	11	realized	realize	VERB
ftr-490	176	12	was	be	AUX
ftr-490	176	13	$	$	SYM
ftr-490	176	14	2,500	2,500	NUM
ftr-490	176	15	and	and	CCONJ
ftr-490	176	16	her	her	PRON
ftr-490	176	17	adjusted	adjust	VERB
ftr-490	176	18	basis	basis	NOUN
ftr-490	176	19	was	be	AUX
ftr-490	176	20	zero	zero	NUM
ftr-490	176	21	because	because	SCONJ
ftr-490	176	22	"	"	PUNCT
ftr-490	176	23	property	property	NOUN
ftr-490	176	24	"	"	PUNCT
ftr-490	176	25	within	within	ADP
ftr-490	176	26	the	the	DET
ftr-490	176	27	meaning	meaning	NOUN
ftr-490	176	28	of	of	ADP
ftr-490	176	29	the	the	DET
ftr-490	176	30	predecessor	predecessor	NOUN
ftr-490	176	31	of	of	ADP
ftr-490	176	32	section	section	NOUN
ftr-490	176	33	1014	1014	NUM
ftr-490	176	34	(	(	PUNCT
ftr-490	176	35	pertaining	pertain	VERB
ftr-490	176	36	to	to	ADP
ftr-490	176	37	the	the	DET
ftr-490	176	38	basis	basis	NOUN
ftr-490	176	39	of	of	ADP
ftr-490	176	40	property	property	NOUN
ftr-490	176	41	acquired	acquire	VERB
ftr-490	176	42	from	from	ADP
ftr-490	176	43	a	a	DET
ftr-490	176	44	decedent	decedent	NOUN
ftr-490	176	45	)	)	PUNCT
ftr-490	176	46	referred	refer	VERB
ftr-490	176	47	to	to	ADP
ftr-490	176	48	"	"	PUNCT
ftr-490	176	49	equity	equity	NOUN
ftr-490	176	50	"	"	PUNCT
ftr-490	176	51	in	in	ADP
ftr-490	176	52	the	the	DET
ftr-490	176	53	land	land	NOUN
ftr-490	176	54	and	and	CCONJ
ftr-490	176	55	the	the	DET
ftr-490	176	56	building	building	NOUN
ftr-490	176	57	,	,	PUNCT
ftr-490	176	58	not	not	PART
ftr-490	176	59	the	the	DET
ftr-490	176	60	land	land	NOUN
ftr-490	176	61	and	and	CCONJ
ftr-490	176	62	building	build	VERB
ftr-490	176	63	themselves	themselves	PRON
ftr-490	176	64	.	.	PUNCT
ftr-490	177	1	the	the	DET
ftr-490	177	2	supreme	supreme	PROPN
ftr-490	177	3	court	court	PROPN
ftr-490	177	4	held	hold	VERB
ftr-490	177	5	that	that	SCONJ
ftr-490	177	6	"	"	PUNCT
ftr-490	177	7	property	property	NOUN
ftr-490	177	8	"	"	PUNCT
ftr-490	177	9	referred	refer	VERB
ftr-490	177	10	to	to	ADP
ftr-490	177	11	the	the	DET
ftr-490	177	12	land	land	NOUN
ftr-490	177	13	and	and	CCONJ
ftr-490	177	14	building	build	VERB
ftr-490	177	15	themselves	themselves	PRON
ftr-490	177	16	,	,	PUNCT
ftr-490	177	17	not	not	PART
ftr-490	177	18	merely	merely	ADV
ftr-490	177	19	her	her	PRON
ftr-490	177	20	equity	equity	NOUN
ftr-490	177	21	,	,	PUNCT
ftr-490	177	22	and	and	CCONJ
ftr-490	177	23	thus	thus	ADV
ftr-490	177	24	her	her	PRON
ftr-490	177	25	original	original	ADJ
ftr-490	177	26	unadjusted	unadjusted	ADJ
ftr-490	177	27	basis	basis	NOUN
ftr-490	177	28	on	on	ADP
ftr-490	177	29	receipt	receipt	NOUN
ftr-490	177	30	of	of	ADP
ftr-490	177	31	the	the	DET
ftr-490	177	32	land	land	NOUN
ftr-490	177	33	and	and	CCONJ
ftr-490	177	34	building	building	NOUN
ftr-490	177	35	was	be	AUX
ftr-490	177	36	not	not	PART
ftr-490	177	37	zero	zero	NUM
ftr-490	177	38	but	but	CCONJ
ftr-490	177	39	rather	rather	ADV
ftr-490	177	40	$	$	SYM
ftr-490	177	41	262,000	262,000	NUM
ftr-490	177	42	.	.	PUNCT
ftr-490	178	1	i	i	PRON
ftr-490	178	2	d.	d.	PROPN
ftr-490	178	3	at	at	ADP
ftr-490	178	4	11	11	NUM
ftr-490	178	5	.	.	PUNCT
ftr-490	179	1	once	once	SCONJ
ftr-490	179	2	the	the	DET
ftr-490	179	3	court	court	NOUN
ftr-490	179	4	determined	determine	VERB
ftr-490	179	5	that	that	SCONJ
ftr-490	179	6	her	her	PRON
ftr-490	179	7	basis	basis	NOUN
ftr-490	179	8	included	include	VERB
ftr-490	179	9	the	the	DET
ftr-490	179	10	nonrecourse	nonrecourse	NOUN
ftr-490	179	11	debt	debt	NOUN
ftr-490	179	12	,	,	PUNCT
ftr-490	179	13	it	it	PRON
ftr-490	179	14	concluded	conclude	VERB
ftr-490	179	15	that	that	SCONJ
ftr-490	179	16	the	the	DET
ftr-490	179	17	amount	amount	NOUN
ftr-490	179	18	realized	realize	VERB
ftr-490	179	19	on	on	ADP
ftr-490	179	20	sale	sale	NOUN
ftr-490	179	21	similarly	similarly	ADV
ftr-490	179	22	included	include	VERB
ftr-490	179	23	the	the	DET
ftr-490	179	24	debt	debt	NOUN
ftr-490	179	25	.	.	PUNCT
ftr-490	180	1	i	i	PRON
ftr-490	180	2	d	d	PROPN
ftr-490	180	3	at	at	ADP
ftr-490	180	4	13	13	NUM
ftr-490	180	5	,	,	PUNCT
ftr-490	180	6	while	while	SCONJ
ftr-490	180	7	crane	crane	NOUN
ftr-490	180	8	itself	itself	PRON
ftr-490	180	9	dealt	deal	VERB
ftr-490	180	10	only	only	ADV
ftr-490	180	11	with	with	ADP
ftr-490	180	12	the	the	DET
ftr-490	180	13	basis	basis	NOUN
ftr-490	180	14	of	of	ADP
ftr-490	180	15	property	property	NOUN
ftr-490	180	16	acquired	acquire	VERB
ftr-490	180	17	from	from	ADP
ftr-490	180	18	a	a	DET
ftr-490	180	19	decedent	decedent	NOUN
ftr-490	180	20	,	,	PUNCT
ftr-490	180	21	its	its	PRON
ftr-490	180	22	holding	holding	NOUN
ftr-490	180	23	that	that	DET
ftr-490	180	24	acquisition	acquisition	NOUN
ftr-490	180	25	debt	debt	NOUN
ftr-490	180	26	is	be	AUX
ftr-490	180	27	included	include	VERB
ftr-490	180	28	in	in	ADP
ftr-490	180	29	basis	basis	NOUN
ftr-490	180	30	was	be	AUX
ftr-490	180	31	immediately	immediately	ADV
ftr-490	180	32	extended	extend	VERB
ftr-490	180	33	to	to	PART
ftr-490	180	34	cost	cost	VERB
ftr-490	180	35	basis	basis	NOUN
ftr-490	180	36	as	as	ADV
ftr-490	180	37	well	well	ADV
ftr-490	180	38	.	.	PUNCT
ftr-490	181	1	17	17	NUM
ftr-490	181	2	.	.	PUNCT
ftr-490	181	3	basis	basis	NOUN
ftr-490	181	4	is	be	AUX
ftr-490	181	5	reduced	reduce	VERB
ftr-490	181	6	by	by	ADP
ftr-490	181	7	allowable	allowable	ADJ
ftr-490	181	8	depreciation	depreciation	NOUN
ftr-490	181	9	deductions	deduction	NOUN
ftr-490	181	10	under	under	ADP
ftr-490	181	11	section	section	NOUN
ftr-490	181	12	1016(a)(2	1016(a)(2	NUM
ftr-490	181	13	)	)	PUNCT
ftr-490	181	14	.	.	PUNCT
ftr-490	182	1	18	18	NUM
ftr-490	182	2	.	.	PUNCT
ftr-490	182	3	tufts	tuft	NOUN
ftr-490	182	4	v.	v.	ADP
ftr-490	182	5	commissioner	commissioner	PROPN
ftr-490	182	6	,	,	PUNCT
ftr-490	182	7	70	70	NUM
ftr-490	182	8	t.c	t.c	PROPN
ftr-490	182	9	.	.	PROPN
ftr-490	182	10	756	756	NUM
ftr-490	182	11	(	(	PUNCT
ftr-490	182	12	1978	1978	NUM
ftr-490	182	13	)	)	PUNCT
ftr-490	182	14	.	.	PUNCT
ftr-490	183	1	19	19	NUM
ftr-490	183	2	.	.	NOUN
ftr-490	183	3	tufts	tuft	NOUN
ftr-490	183	4	v.	v.	ADP
ftr-490	183	5	commissioner	commissioner	NOUN
ftr-490	183	6	,	,	PUNCT
ftr-490	183	7	651	651	NUM
ftr-490	183	8	f.2d	f.2d	NOUN
ftr-490	183	9	1058	1058	NUM
ftr-490	183	10	(	(	PUNCT
ftr-490	183	11	5th	5th	ADJ
ftr-490	183	12	cir	cir	NOUN
ftr-490	183	13	.	.	PUNCT
ftr-490	183	14	1981	1981	NUM
ftr-490	183	15	)	)	PUNCT
ftr-490	183	16	.	.	PUNCT
ftr-490	184	1	[	[	X
ftr-490	184	2	vol	vol	NOUN
ftr-490	184	3	1-:3	1-:3	NUM
ftr-490	184	4	tufts	tuft	NOUN
ftr-490	184	5	and	and	CCONJ
ftr-490	184	6	the	the	DET
ftr-490	184	7	evolution	evolution	NOUN
ftr-490	184	8	of	of	ADP
ftr-490	184	9	debt	debt	NOUN
ftr-490	184	10	-	-	PUNCT
ftr-490	184	11	discharge	discharge	NOUN
ftr-490	184	12	theor	theor	NOUN
ftr-490	184	13	"	"	PUNCT
ftr-490	184	14	now	now	ADV
ftr-490	184	15	before	before	SCONJ
ftr-490	184	16	us	we	PRON
ftr-490	184	17	presents	present	VERB
ftr-490	184	18	the	the	DET
ftr-490	184	19	question	question	NOUN
ftr-490	184	20	whether	whether	SCONJ
ftr-490	184	21	the	the	DET
ftr-490	184	22	same	same	ADJ
ftr-490	184	23	rule	rule	NOUN
ftr-490	184	24	applies	apply	VERB
ftr-490	184	25	when	when	SCONJ
ftr-490	184	26	the	the	DET
ftr-490	184	27	unpaid	unpaid	ADJ
ftr-490	184	28	amount	amount	NOUN
ftr-490	184	29	of	of	ADP
ftr-490	184	30	the	the	DET
ftr-490	184	31	nonrecourse	nonrecourse	NOUN
ftr-490	184	32	mortgage	mortgage	NOUN
ftr-490	184	33	exceeds	exceed	VERB
ftr-490	184	34	the	the	DET
ftr-490	184	35	fair	fair	ADJ
ftr-490	184	36	market	market	NOUN
ftr-490	184	37	value	value	NOUN
ftr-490	184	38	of	of	ADP
ftr-490	184	39	the	the	DET
ftr-490	184	40	property	property	NOUN
ftr-490	184	41	sold	sell	VERB
ftr-490	184	42	.	.	PUNCT
ftr-490	184	43	'	'	PUNCT
ftr-490	185	1	thus	thus	ADV
ftr-490	185	2	,	,	PUNCT
ftr-490	185	3	from	from	ADP
ftr-490	185	4	its	its	PRON
ftr-490	185	5	first	first	ADJ
ftr-490	185	6	sentence	sentence	NOUN
ftr-490	185	7	,	,	PUNCT
ftr-490	185	8	the	the	DET
ftr-490	185	9	court	court	NOUN
ftr-490	185	10	did	do	AUX
ftr-490	185	11	not	not	PART
ftr-490	185	12	identify	identify	VERB
ftr-490	185	13	and	and	CCONJ
ftr-490	185	14	treat	treat	VERB
ftr-490	185	15	as	as	ADP
ftr-490	185	16	separate	separate	ADJ
ftr-490	185	17	issues	issue	NOUN
ftr-490	185	18	what	what	PRON
ftr-490	185	19	were	be	AUX
ftr-490	185	20	really	really	ADV
ftr-490	185	21	two	two	NUM
ftr-490	185	22	independent	independent	ADJ
ftr-490	185	23	questions	question	NOUN
ftr-490	185	24	that	that	PRON
ftr-490	185	25	needed	need	VERB
ftr-490	185	26	to	to	PART
ftr-490	185	27	be	be	AUX
ftr-490	185	28	resolved	resolve	VERB
ftr-490	185	29	in	in	ADP
ftr-490	185	30	order	order	NOUN
ftr-490	185	31	to	to	PART
ftr-490	185	32	determine	determine	VERB
ftr-490	185	33	the	the	DET
ftr-490	185	34	tax	tax	NOUN
ftr-490	185	35	consequences	consequence	NOUN
ftr-490	185	36	to	to	ADP
ftr-490	185	37	tufts	tuft	NOUN
ftr-490	185	38	on	on	ADP
ftr-490	185	39	the	the	DET
ftr-490	185	40	disposition.2	disposition.2	PROPN
ftr-490	185	41	'	'	PUNCT
ftr-490	185	42	the	the	DET
ftr-490	185	43	first	first	ADJ
ftr-490	185	44	issue	issue	NOUN
ftr-490	185	45	was	be	AUX
ftr-490	185	46	whether	whether	SCONJ
ftr-490	185	47	relief	relief	NOUN
ftr-490	185	48	from	from	ADP
ftr-490	185	49	nonrecourse	nonrecourse	ADJ
ftr-490	185	50	debt	debt	NOUN
ftr-490	185	51	in	in	ADP
ftr-490	185	52	excess	excess	NOUN
ftr-490	185	53	of	of	ADP
ftr-490	185	54	the	the	DET
ftr-490	185	55	fair	fair	ADJ
ftr-490	185	56	market	market	NOUN
ftr-490	185	57	value	value	NOUN
ftr-490	185	58	of	of	ADP
ftr-490	185	59	the	the	DET
ftr-490	185	60	property	property	NOUN
ftr-490	185	61	transferred	transfer	VERB
ftr-490	185	62	could	could	AUX
ftr-490	185	63	properly	properly	ADV
ftr-490	185	64	be	be	AUX
ftr-490	185	65	considered	consider	VERB
ftr-490	185	66	an	an	DET
ftr-490	185	67	accession	accession	NOUN
ftr-490	185	68	to	to	ADP
ftr-490	185	69	wealth	wealth	NOUN
ftr-490	185	70	.	.	PUNCT
ftr-490	186	1	that	that	PRON
ftr-490	186	2	was	be	AUX
ftr-490	186	3	the	the	DET
ftr-490	186	4	question	question	NOUN
ftr-490	186	5	with	with	ADP
ftr-490	186	6	which	which	PRON
ftr-490	186	7	the	the	DET
ftr-490	186	8	government	government	NOUN
ftr-490	186	9	was	be	AUX
ftr-490	186	10	most	most	ADV
ftr-490	186	11	concerned	concerned	ADJ
ftr-490	186	12	and	and	CCONJ
ftr-490	186	13	the	the	DET
ftr-490	186	14	question	question	NOUN
ftr-490	186	15	on	on	ADP
ftr-490	186	16	which	which	PRON
ftr-490	186	17	it	it	PRON
ftr-490	186	18	spent	spend	VERB
ftr-490	186	19	all	all	PRON
ftr-490	186	20	of	of	ADP
ftr-490	186	21	its	its	PRON
ftr-490	186	22	efforts	effort	NOUN
ftr-490	186	23	.	.	PUNCT
ftr-490	187	1	if	if	SCONJ
ftr-490	187	2	the	the	DET
ftr-490	187	3	answer	answer	NOUN
ftr-490	187	4	to	to	ADP
ftr-490	187	5	the	the	DET
ftr-490	187	6	first	first	ADJ
ftr-490	187	7	question	question	NOUN
ftr-490	187	8	were	be	AUX
ftr-490	187	9	in	in	ADP
ftr-490	187	10	the	the	DET
ftr-490	187	11	affirmative	affirmative	ADJ
ftr-490	187	12	,	,	PUNCT
ftr-490	187	13	as	as	SCONJ
ftr-490	187	14	the	the	DET
ftr-490	187	15	government	government	NOUN
ftr-490	187	16	argued	argue	VERB
ftr-490	187	17	and	and	CCONJ
ftr-490	187	18	as	as	SCONJ
ftr-490	187	19	the	the	DET
ftr-490	187	20	court	court	NOUN
ftr-490	187	21	held	hold	VERB
ftr-490	187	22	,	,	PUNCT
ftr-490	187	23	then	then	ADV
ftr-490	187	24	the	the	DET
ftr-490	187	25	second	second	ADJ
ftr-490	187	26	question	question	NOUN
ftr-490	187	27	concerned	concerned	ADJ
ftr-490	187	28	an	an	DET
ftr-490	187	29	issue	issue	NOUN
ftr-490	187	30	not	not	PART
ftr-490	187	31	presented	present	VERB
ftr-490	187	32	by	by	ADP
ftr-490	187	33	the	the	DET
ftr-490	187	34	facts	fact	NOUN
ftr-490	187	35	of	of	ADP
ftr-490	187	36	crane	crane	NOUN
ftr-490	187	37	-	-	PUNCT
ftr-490	187	38	the	the	DET
ftr-490	187	39	proper	proper	ADJ
ftr-490	187	40	conceptual	conceptual	ADJ
ftr-490	187	41	approach	approach	NOUN
ftr-490	187	42	to	to	ADP
ftr-490	187	43	that	that	DET
ftr-490	187	44	debt	debt	NOUN
ftr-490	187	45	relief	relief	NOUN
ftr-490	187	46	.	.	PUNCT
ftr-490	188	1	with	with	ADP
ftr-490	188	2	respect	respect	NOUN
ftr-490	188	3	to	to	ADP
ftr-490	188	4	this	this	DET
ftr-490	188	5	issue	issue	NOUN
ftr-490	188	6	,	,	PUNCT
ftr-490	188	7	the	the	DET
ftr-490	188	8	government	government	NOUN
ftr-490	188	9	argued	argue	VERB
ftr-490	188	10	,	,	PUNCT
ftr-490	188	11	more	more	ADV
ftr-490	188	12	implicitly	implicitly	ADV
ftr-490	188	13	than	than	ADP
ftr-490	188	14	explicitly	explicitly	ADV
ftr-490	188	15	,	,	PUNCT
ftr-490	188	16	that	that	SCONJ
ftr-490	188	17	the	the	DET
ftr-490	188	18	transaction	transaction	NOUN
ftr-490	188	19	should	should	AUX
ftr-490	188	20	not	not	PART
ftr-490	188	21	be	be	AUX
ftr-490	188	22	bifurcated	bifurcate	VERB
ftr-490	188	23	into	into	ADP
ftr-490	188	24	its	its	PRON
ftr-490	188	25	component	component	NOUN
ftr-490	188	26	parts	part	NOUN
ftr-490	188	27	-	-	PUNCT
ftr-490	188	28	discharge	discharge	NOUN
ftr-490	188	29	of	of	ADP
ftr-490	188	30	debt	debt	NOUN
ftr-490	188	31	and	and	CCONJ
ftr-490	188	32	property	property	NOUN
ftr-490	188	33	disposition	disposition	NOUN
ftr-490	188	34	-	-	PUNCT
ftr-490	188	35	but	but	CCONJ
ftr-490	188	36	rather	rather	ADV
ftr-490	188	37	that	that	SCONJ
ftr-490	188	38	the	the	DET
ftr-490	188	39	collapsed	collapsed	ADJ
ftr-490	188	40	approach	approach	NOUN
ftr-490	188	41	,	,	PUNCT
ftr-490	188	42	under	under	ADP
ftr-490	188	43	which	which	PRON
ftr-490	188	44	debt	debt	NOUN
ftr-490	188	45	relief	relief	NOUN
ftr-490	188	46	is	be	AUX
ftr-490	188	47	collapsed	collapse	VERB
ftr-490	188	48	into	into	ADP
ftr-490	188	49	the	the	DET
ftr-490	188	50	analysis	analysis	NOUN
ftr-490	188	51	of	of	ADP
ftr-490	188	52	the	the	DET
ftr-490	188	53	property	property	NOUN
ftr-490	188	54	disposition	disposition	NOUN
ftr-490	188	55	under	under	ADP
ftr-490	188	56	section	section	NOUN
ftr-490	188	57	1001	1001	NUM
ftr-490	188	58	,	,	PUNCT
ftr-490	188	59	was	be	AUX
ftr-490	188	60	proper	proper	ADJ
ftr-490	188	61	.	.	PUNCT
ftr-490	189	1	the	the	DET
ftr-490	189	2	debt	debt	NOUN
ftr-490	189	3	cancellation	cancellation	NOUN
ftr-490	189	4	simply	simply	ADV
ftr-490	189	5	becomes	become	VERB
ftr-490	189	6	part	part	NOUN
ftr-490	189	7	of	of	ADP
ftr-490	189	8	the	the	DET
ftr-490	189	9	amount	amount	NOUN
ftr-490	189	10	realized	realize	VERB
ftr-490	189	11	in	in	ADP
ftr-490	189	12	that	that	DET
ftr-490	189	13	computation	computation	NOUN
ftr-490	189	14	.	.	PUNCT
ftr-490	190	1	this	this	DET
ftr-490	190	2	second	second	ADJ
ftr-490	190	3	issue	issue	NOUN
ftr-490	190	4	never	never	ADV
ftr-490	190	5	arose	arise	VERB
ftr-490	190	6	in	in	ADP
ftr-490	190	7	crane	crane	NOUN
ftr-490	190	8	because	because	SCONJ
ftr-490	190	9	no	no	DET
ftr-490	190	10	debt	debt	NOUN
ftr-490	190	11	was	be	AUX
ftr-490	190	12	cancelled	cancel	VERB
ftr-490	190	13	as	as	ADP
ftr-490	190	14	part	part	NOUN
ftr-490	190	15	of	of	ADP
ftr-490	190	16	the	the	DET
ftr-490	190	17	transaction	transaction	NOUN
ftr-490	190	18	;	;	PUNCT
ftr-490	190	19	mrs	mrs	PROPN
ftr-490	190	20	.	.	PROPN
ftr-490	190	21	crane	crane	PROPN
ftr-490	190	22	satisfied	satisfy	VERB
ftr-490	190	23	the	the	DET
ftr-490	190	24	debt	debt	NOUN
ftr-490	190	25	in	in	ADP
ftr-490	190	26	full	full	ADJ
ftr-490	190	27	.	.	PUNCT
ftr-490	191	1	the	the	DET
ftr-490	191	2	inclusion	inclusion	NOUN
ftr-490	191	3	of	of	ADP
ftr-490	191	4	the	the	DET
ftr-490	191	5	nonrecourse	nonrecourse	NOUN
ftr-490	191	6	debt	debt	NOUN
ftr-490	191	7	in	in	ADP
ftr-490	191	8	amount	amount	NOUN
ftr-490	191	9	realized	realize	VERB
ftr-490	191	10	was	be	AUX
ftr-490	191	11	the	the	DET
ftr-490	191	12	only	only	ADJ
ftr-490	191	13	means	mean	NOUN
ftr-490	191	14	available	available	ADJ
ftr-490	191	15	to	to	PART
ftr-490	191	16	take	take	VERB
ftr-490	191	17	account	account	NOUN
ftr-490	191	18	of	of	ADP
ftr-490	191	19	the	the	DET
ftr-490	191	20	accession	accession	NOUN
ftr-490	191	21	to	to	ADP
ftr-490	191	22	wealth	wealth	NOUN
ftr-490	191	23	simply	simply	ADV
ftr-490	191	24	because	because	SCONJ
ftr-490	191	25	the	the	DET
ftr-490	191	26	value	value	NOUN
ftr-490	191	27	of	of	ADP
ftr-490	191	28	the	the	DET
ftr-490	191	29	property	property	NOUN
ftr-490	191	30	was	be	AUX
ftr-490	191	31	deemed	deem	VERB
ftr-490	191	32	to	to	PART
ftr-490	191	33	equal	equal	VERB
ftr-490	191	34	or	or	CCONJ
ftr-490	191	35	exceed	exceed	VERB
ftr-490	191	36	the	the	DET
ftr-490	191	37	amount	amount	NOUN
ftr-490	191	38	of	of	ADP
ftr-490	191	39	the	the	DET
ftr-490	191	40	debt	debt	NOUN
ftr-490	191	41	encumbering	encumber	VERB
ftr-490	191	42	the	the	DET
ftr-490	191	43	property	property	NOUN
ftr-490	191	44	.	.	PUNCT
ftr-490	192	1	thus	thus	ADV
ftr-490	192	2	,	,	PUNCT
ftr-490	192	3	there	there	PRON
ftr-490	192	4	was	be	VERB
ftr-490	192	5	no	no	DET
ftr-490	192	6	possible	possible	ADJ
ftr-490	192	7	competition	competition	NOUN
ftr-490	192	8	between	between	ADP
ftr-490	192	9	section	section	NOUN
ftr-490	192	10	61(a)(12	61(a)(12	NUM
ftr-490	192	11	)	)	PUNCT
ftr-490	192	12	and	and	CCONJ
ftr-490	192	13	section	section	NOUN
ftr-490	192	14	1001	1001	NUM
ftr-490	192	15	.	.	PUNCT
ftr-490	193	1	with	with	ADP
ftr-490	193	2	the	the	DET
ftr-490	193	3	guidance	guidance	NOUN
ftr-490	193	4	given	give	VERB
ftr-490	193	5	it	it	PRON
ftr-490	193	6	,	,	PUNCT
ftr-490	193	7	the	the	DET
ftr-490	193	8	court	court	NOUN
ftr-490	193	9	failed	fail	VERB
ftr-490	193	10	to	to	PART
ftr-490	193	11	appreciate	appreciate	VERB
ftr-490	193	12	this	this	DET
ftr-490	193	13	distinction	distinction	NOUN
ftr-490	193	14	between	between	ADP
ftr-490	193	15	crane	crane	NOUN
ftr-490	193	16	and	and	CCONJ
ftr-490	193	17	tufts	tuft	NOUN
ftr-490	193	18	and	and	CCONJ
ftr-490	193	19	thus	thus	ADV
ftr-490	193	20	failed	fail	VERB
ftr-490	193	21	to	to	PART
ftr-490	193	22	give	give	VERB
ftr-490	193	23	adequate	adequate	ADJ
ftr-490	193	24	attention	attention	NOUN
ftr-490	193	25	to	to	ADP
ftr-490	193	26	the	the	DET
ftr-490	193	27	second	second	ADJ
ftr-490	193	28	issue	issue	NOUN
ftr-490	193	29	presented	present	VERB
ftr-490	193	30	by	by	ADP
ftr-490	193	31	tufts	tuft	NOUN
ftr-490	193	32	which	which	PRON
ftr-490	193	33	was	be	AUX
ftr-490	193	34	not	not	PART
ftr-490	193	35	an	an	DET
ftr-490	193	36	issue	issue	NOUN
ftr-490	193	37	in	in	ADP
ftr-490	193	38	crane	crane	NOUN
ftr-490	193	39	.	.	PUNCT
ftr-490	194	1	the	the	DET
ftr-490	194	2	court	court	NOUN
ftr-490	194	3	indicated	indicate	VERB
ftr-490	194	4	that	that	SCONJ
ftr-490	194	5	tufts	tuft	NOUN
ftr-490	194	6	was	be	AUX
ftr-490	194	7	really	really	ADV
ftr-490	194	8	no	no	ADV
ftr-490	194	9	different	different	ADJ
ftr-490	194	10	in	in	ADP
ftr-490	194	11	character	character	NOUN
ftr-490	194	12	from	from	ADP
ftr-490	194	13	crane	crane	NOUN
ftr-490	194	14	:	:	PUNCT
ftr-490	194	15	"	"	PUNCT
ftr-490	194	16	in	in	ADP
ftr-490	194	17	crane	crane	PROPN
ftr-490	194	18	i.	i.	PROPN
ftr-490	194	19	commissioner	commissioner	PROPN
ftr-490	194	20	,	,	PUNCT
ftr-490	194	21	...	...	PUNCT
ftr-490	194	22	this	this	DET
ftr-490	194	23	court	court	NOUN
ftr-490	194	24	took	take	VERB
ftr-490	194	25	the	the	DET
ftr-490	194	26	first	first	ADJ
ftr-490	194	27	and	and	CCONJ
ftr-490	194	28	controlling	control	VERB
ftr-490	194	29	step	step	NOUN
ftr-490	194	30	toward	toward	ADP
ftr-490	194	31	the	the	DET
ftr-490	194	32	resolution	resolution	NOUN
ftr-490	194	33	of	of	ADP
ftr-490	194	34	this	this	DET
ftr-490	194	35	issue	issue	NOUN
ftr-490	194	36	.	.	PUNCT
ftr-490	195	1	"	"	PUNCT
ftr-490	195	2	'	'	PUNCT
ftr-490	195	3	2	2	NUM
ftr-490	195	4	.	.	PUNCT
ftr-490	195	5	the	the	DET
ftr-490	195	6	court	court	NOUN
ftr-490	195	7	's	's	PART
ftr-490	195	8	resolution	resolution	NOUN
ftr-490	195	9	of	of	ADP
ftr-490	195	10	the	the	DET
ftr-490	195	11	first	first	ADJ
ftr-490	195	12	issue.-the	issue.-the	DET
ftr-490	195	13	court	court	NOUN
ftr-490	195	14	dedicated	dedicate	VERB
ftr-490	195	15	almost	almost	ADV
ftr-490	195	16	the	the	DET
ftr-490	195	17	entirety	entirety	NOUN
ftr-490	195	18	of	of	ADP
ftr-490	195	19	its	its	PRON
ftr-490	195	20	majority	majority	NOUN
ftr-490	195	21	opinion	opinion	NOUN
ftr-490	195	22	to	to	ADP
ftr-490	195	23	the	the	DET
ftr-490	195	24	first	first	ADJ
ftr-490	195	25	issue	issue	NOUN
ftr-490	195	26	,	,	PUNCT
ftr-490	195	27	concluding	conclude	VERB
ftr-490	195	28	correctly	correctly	ADV
ftr-490	195	29	that	that	SCONJ
ftr-490	195	30	the	the	DET
ftr-490	195	31	relief	relief	NOUN
ftr-490	195	32	from	from	ADP
ftr-490	195	33	the	the	DET
ftr-490	195	34	entire	entire	ADJ
ftr-490	195	35	indebtedness	indebtedness	NOUN
ftr-490	195	36	,	,	PUNCT
ftr-490	195	37	including	include	VERB
ftr-490	195	38	that	that	DET
ftr-490	195	39	portion	portion	NOUN
ftr-490	195	40	of	of	ADP
ftr-490	195	41	nonrecourse	nonrecourse	NOUN
ftr-490	195	42	indebtedness	indebtedness	NOUN
ftr-490	195	43	exceeding	exceed	VERB
ftr-490	195	44	the	the	DET
ftr-490	195	45	fair	fair	ADJ
ftr-490	195	46	market	market	NOUN
ftr-490	195	47	value	value	NOUN
ftr-490	195	48	of	of	ADP
ftr-490	195	49	the	the	DET
ftr-490	195	50	property	property	NOUN
ftr-490	195	51	20	20	NUM
ftr-490	195	52	.	.	PUNCT
ftr-490	196	1	tufts	tuft	NOUN
ftr-490	196	2	,	,	PUNCT
ftr-490	196	3	461	461	NUM
ftr-490	196	4	u.s	u.s	PROPN
ftr-490	196	5	.	.	PROPN
ftr-490	196	6	at	at	ADP
ftr-490	196	7	301	301	NUM
ftr-490	196	8	-	-	SYM
ftr-490	196	9	02	02	NUM
ftr-490	196	10	.	.	PUNCT
ftr-490	196	11	21	21	NUM
ftr-490	196	12	.	.	PUNCT
ftr-490	197	1	for	for	ADP
ftr-490	197	2	the	the	DET
ftr-490	197	3	tax	tax	NOUN
ftr-490	197	4	consequences	consequence	NOUN
ftr-490	197	5	to	to	ADP
ftr-490	197	6	the	the	DET
ftr-490	197	7	buyer	buyer	NOUN
ftr-490	197	8	,	,	PUNCT
ftr-490	197	9	see	see	VERB
ftr-490	197	10	erik	erik	PROPN
ftr-490	197	11	m.	m.	PROPN
ftr-490	197	12	jensen	jensen	PROPN
ftr-490	197	13	.	.	PUNCT
ftr-490	198	1	the	the	DET
ftr-490	198	2	unanswered	unanswered	ADJ
ftr-490	198	3	question	question	NOUN
ftr-490	198	4	in	in	ADP
ftr-490	198	5	tufts	tuft	NOUN
ftr-490	198	6	:	:	PUNCT
ftr-490	198	7	what	what	PRON
ftr-490	198	8	was	be	AUX
ftr-490	198	9	the	the	DET
ftr-490	198	10	purchaser	purchaser	NOUN
ftr-490	198	11	's	's	PART
ftr-490	198	12	basis	basis	NOUN
ftr-490	198	13	?	?	PUNCT
ftr-490	198	14	,	,	PUNCT
ftr-490	198	15	10	10	NUM
ftr-490	198	16	va	va	NOUN
ftr-490	198	17	.	.	PUNCT
ftr-490	199	1	tax	tax	PROPN
ftr-490	199	2	rev	rev	PROPN
ftr-490	199	3	.	.	PROPN
ftr-490	199	4	455	455	NUM
ftr-490	199	5	(	(	PUNCT
ftr-490	199	6	1991	1991	NUM
ftr-490	199	7	)	)	PUNCT
ftr-490	200	1	[	[	X
ftr-490	200	2	hereinafter	hereinafter	NOUN
ftr-490	200	3	jensen	jensen	PROPN
ftr-490	200	4	i.	i.	PROPN
ftr-490	200	5	]	]	PROPN
ftr-490	200	6	.	.	PUNCT
ftr-490	201	1	22	22	NUM
ftr-490	201	2	.	.	PUNCT
ftr-490	202	1	tufts	tuft	NOUN
ftr-490	202	2	,	,	PUNCT
ftr-490	202	3	461	461	NUM
ftr-490	202	4	u.s	u.s	PROPN
ftr-490	202	5	.	.	PROPN
ftr-490	202	6	at	at	ADP
ftr-490	202	7	304	304	NUM
ftr-490	202	8	.	.	PUNCT
ftr-490	202	9	19921	19921	NUM
ftr-490	202	10	florida	florida	PROPN
ftr-490	202	11	tax	tax	PROPN
ftr-490	202	12	review	review	NOUN
ftr-490	202	13	transferred	transfer	VERB
ftr-490	202	14	,	,	PUNCT
ftr-490	202	15	produced	produce	VERB
ftr-490	202	16	an	an	DET
ftr-490	202	17	accession	accession	NOUN
ftr-490	202	18	to	to	ADP
ftr-490	202	19	wealth	wealth	NOUN
ftr-490	202	20	.	.	PUNCT
ftr-490	203	1	to	to	PART
ftr-490	203	2	do	do	VERB
ftr-490	203	3	so	so	ADV
ftr-490	203	4	,	,	PUNCT
ftr-490	203	5	the	the	DET
ftr-490	203	6	court	court	NOUN
ftr-490	203	7	had	have	VERB
ftr-490	203	8	to	to	PART
ftr-490	203	9	abandon	abandon	VERB
ftr-490	203	10	the	the	DET
ftr-490	203	11	intimation	intimation	NOUN
ftr-490	203	12	made	make	VERB
ftr-490	203	13	earlier	early	ADV
ftr-490	203	14	in	in	ADP
ftr-490	203	15	crane	crane	NOUN
ftr-490	203	16	that	that	SCONJ
ftr-490	203	17	the	the	DET
ftr-490	203	18	rationale	rationale	NOUN
ftr-490	203	19	for	for	ADP
ftr-490	203	20	this	this	DET
ftr-490	203	21	conclusion	conclusion	NOUN
ftr-490	203	22	was	be	AUX
ftr-490	203	23	due	due	ADJ
ftr-490	203	24	to	to	ADP
ftr-490	203	25	the	the	DET
ftr-490	203	26	"	"	PUNCT
ftr-490	203	27	economic	economic	ADJ
ftr-490	203	28	benefit	benefit	NOUN
ftr-490	203	29	"	"	PUNCT
ftr-490	203	30	realized	realize	VERB
ftr-490	203	31	by	by	ADP
ftr-490	203	32	the	the	DET
ftr-490	203	33	taxpayer	taxpayer	NOUN
ftr-490	203	34	on	on	ADP
ftr-490	203	35	being	be	AUX
ftr-490	203	36	relieved	relieve	VERB
ftr-490	203	37	of	of	ADP
ftr-490	203	38	the	the	DET
ftr-490	203	39	debt	debt	NOUN
ftr-490	203	40	.	.	PUNCT
ftr-490	204	1	under	under	ADP
ftr-490	204	2	the	the	DET
ftr-490	204	3	economic	economic	ADJ
ftr-490	204	4	-	-	PUNCT
ftr-490	204	5	benefit	benefit	NOUN
ftr-490	204	6	rationale	rationale	NOUN
ftr-490	204	7	,	,	PUNCT
ftr-490	204	8	the	the	DET
ftr-490	204	9	crane	crane	NOUN
ftr-490	204	10	court	court	NOUN
ftr-490	204	11	argued	argue	VERB
ftr-490	204	12	that	that	SCONJ
ftr-490	204	13	a	a	DET
ftr-490	204	14	mortgagor	mortgagor	NOUN
ftr-490	204	15	receives	receive	VERB
ftr-490	204	16	an	an	DET
ftr-490	204	17	economic	economic	ADJ
ftr-490	204	18	benefit	benefit	NOUN
ftr-490	204	19	when	when	SCONJ
ftr-490	204	20	he	he	PRON
ftr-490	204	21	transfers	transfer	VERB
ftr-490	204	22	property	property	NOUN
ftr-490	204	23	subject	subject	NOUN
ftr-490	204	24	to	to	ADP
ftr-490	204	25	a	a	DET
ftr-490	204	26	mortgage	mortgage	NOUN
ftr-490	204	27	,	,	PUNCT
ftr-490	204	28	even	even	ADV
ftr-490	204	29	if	if	SCONJ
ftr-490	204	30	the	the	DET
ftr-490	204	31	mortgage	mortgage	NOUN
ftr-490	204	32	is	be	AUX
ftr-490	204	33	nonrecourse	nonrecourse	NOUN
ftr-490	204	34	to	to	ADP
ftr-490	204	35	the	the	DET
ftr-490	204	36	taxpayer	taxpayer	NOUN
ftr-490	204	37	,	,	PUNCT
ftr-490	204	38	because	because	SCONJ
ftr-490	204	39	he	he	PRON
ftr-490	204	40	will	will	AUX
ftr-490	204	41	treat	treat	VERB
ftr-490	204	42	the	the	DET
ftr-490	204	43	loan	loan	NOUN
ftr-490	204	44	as	as	SCONJ
ftr-490	204	45	if	if	SCONJ
ftr-490	204	46	he	he	PRON
ftr-490	204	47	were	be	AUX
ftr-490	204	48	personally	personally	ADV
ftr-490	204	49	liable	liable	ADJ
ftr-490	204	50	in	in	ADP
ftr-490	204	51	order	order	NOUN
ftr-490	204	52	to	to	PART
ftr-490	204	53	protect	protect	VERB
ftr-490	204	54	the	the	DET
ftr-490	204	55	equity	equity	NOUN
ftr-490	204	56	he	he	PRON
ftr-490	204	57	has	have	VERB
ftr-490	204	58	in	in	ADP
ftr-490	204	59	the	the	DET
ftr-490	204	60	property	property	NOUN
ftr-490	204	61	.	.	PUNCT
ftr-490	205	1	3	3	NUM
ftr-490	205	2	tufts	tuft	NOUN
ftr-490	205	3	picked	pick	VERB
ftr-490	205	4	up	up	ADP
ftr-490	205	5	on	on	ADP
ftr-490	205	6	the	the	DET
ftr-490	205	7	crane	crane	NOUN
ftr-490	205	8	court	court	NOUN
ftr-490	205	9	's	's	PART
ftr-490	205	10	intimation	intimation	NOUN
ftr-490	205	11	in	in	ADP
ftr-490	205	12	footnote	footnote	NOUN
ftr-490	205	13	37	37	NUM
ftr-490	205	14	of	of	ADP
ftr-490	205	15	the	the	DET
ftr-490	205	16	case	case	NOUN
ftr-490	205	17	that	that	SCONJ
ftr-490	205	18	if	if	SCONJ
ftr-490	205	19	the	the	DET
ftr-490	205	20	securing	securing	NOUN
ftr-490	205	21	property	property	NOUN
ftr-490	205	22	is	be	AUX
ftr-490	205	23	worth	worth	ADJ
ftr-490	205	24	less	less	ADJ
ftr-490	205	25	than	than	ADP
ftr-490	205	26	the	the	DET
ftr-490	205	27	mortgage	mortgage	NOUN
ftr-490	205	28	debt	debt	NOUN
ftr-490	205	29	,	,	PUNCT
ftr-490	205	30	the	the	DET
ftr-490	205	31	taxpayer	taxpayer	NOUN
ftr-490	205	32	who	who	PRON
ftr-490	205	33	is	be	AUX
ftr-490	205	34	not	not	PART
ftr-490	205	35	personally	personally	ADV
ftr-490	205	36	liable	liable	ADJ
ftr-490	205	37	on	on	ADP
ftr-490	205	38	the	the	DET
ftr-490	205	39	debt	debt	NOUN
ftr-490	205	40	has	have	VERB
ftr-490	205	41	no	no	DET
ftr-490	205	42	economic	economic	ADJ
ftr-490	205	43	reason	reason	NOUN
ftr-490	205	44	to	to	PART
ftr-490	205	45	satisfy	satisfy	VERB
ftr-490	205	46	the	the	DET
ftr-490	205	47	debt	debt	NOUN
ftr-490	205	48	in	in	ADP
ftr-490	205	49	full	full	ADJ
ftr-490	205	50	and	and	CCONJ
ftr-490	205	51	thus	thus	ADV
ftr-490	205	52	receives	receive	VERB
ftr-490	205	53	no	no	DET
ftr-490	205	54	economic	economic	ADJ
ftr-490	205	55	benefit	benefit	NOUN
ftr-490	205	56	when	when	SCONJ
ftr-490	205	57	another	another	PRON
ftr-490	205	58	assumes	assume	VERB
ftr-490	205	59	that	that	SCONJ
ftr-490	205	60	obligation.24	obligation.24	NOUN
ftr-490	205	61	in	in	ADP
ftr-490	205	62	ruling	rule	VERB
ftr-490	205	63	against	against	ADP
ftr-490	205	64	tufts	tuft	NOUN
ftr-490	205	65	,	,	PUNCT
ftr-490	205	66	justice	justice	NOUN
ftr-490	205	67	blackmun	blackmun	NOUN
ftr-490	205	68	stated	state	VERB
ftr-490	205	69	:	:	PUNCT
ftr-490	205	70	crane	crane	NOUN
ftr-490	205	71	ultimately	ultimately	ADV
ftr-490	205	72	does	do	AUX
ftr-490	205	73	not	not	PART
ftr-490	205	74	rest	rest	VERB
ftr-490	205	75	on	on	ADP
ftr-490	205	76	its	its	PRON
ftr-490	205	77	limited	limited	ADJ
ftr-490	205	78	theory	theory	NOUN
ftr-490	205	79	of	of	ADP
ftr-490	205	80	economic	economic	ADJ
ftr-490	205	81	benefit	benefit	NOUN
ftr-490	205	82	;	;	PUNCT
ftr-490	205	83	instead	instead	ADV
ftr-490	205	84	,	,	PUNCT
ftr-490	205	85	we	we	PRON
ftr-490	205	86	read	read	VERB
ftr-490	205	87	crane	crane	NOUN
ftr-490	205	88	to	to	PART
ftr-490	205	89	have	have	AUX
ftr-490	205	90	approved	approve	VERB
ftr-490	205	91	the	the	DET
ftr-490	205	92	commissioner	commissioner	NOUN
ftr-490	205	93	's	's	PART
ftr-490	205	94	decision	decision	NOUN
ftr-490	205	95	to	to	PART
ftr-490	205	96	treat	treat	VERB
ftr-490	205	97	a	a	DET
ftr-490	205	98	nonrecourse	nonrecourse	NOUN
ftr-490	205	99	mortgage	mortgage	NOUN
ftr-490	205	100	in	in	ADP
ftr-490	205	101	this	this	DET
ftr-490	205	102	context	context	NOUN
ftr-490	205	103	as	as	ADP
ftr-490	205	104	a	a	DET
ftr-490	205	105	true	true	ADJ
ftr-490	205	106	loan	loan	NOUN
ftr-490	205	107	.	.	PUNCT
ftr-490	206	1	this	this	DET
ftr-490	206	2	approval	approval	NOUN
ftr-490	206	3	underlies	underlie	VERB
ftr-490	206	4	crane	crane	NOUN
ftr-490	206	5	's	's	PART
ftr-490	206	6	holdings	holding	NOUN
ftr-490	206	7	that	that	SCONJ
ftr-490	206	8	the	the	DET
ftr-490	206	9	amount	amount	NOUN
ftr-490	206	10	of	of	ADP
ftr-490	206	11	the	the	DET
ftr-490	206	12	nonrecourse	nonrecourse	NOUN
ftr-490	206	13	liability	liability	NOUN
ftr-490	206	14	is	be	AUX
ftr-490	206	15	to	to	PART
ftr-490	206	16	be	be	AUX
ftr-490	206	17	included	include	VERB
ftr-490	206	18	in	in	ADP
ftr-490	206	19	calculating	calculate	VERB
ftr-490	206	20	both	both	DET
ftr-490	206	21	the	the	DET
ftr-490	206	22	basis	basis	NOUN
ftr-490	206	23	and	and	CCONJ
ftr-490	206	24	the	the	DET
ftr-490	206	25	amount	amount	NOUN
ftr-490	206	26	realized	realize	VERB
ftr-490	206	27	on	on	ADP
ftr-490	206	28	disposition	disposition	NOUN
ftr-490	206	29	.	.	PUNCT
ftr-490	207	1	that	that	SCONJ
ftr-490	207	2	the	the	DET
ftr-490	207	3	amount	amount	NOUN
ftr-490	207	4	of	of	ADP
ftr-490	207	5	the	the	DET
ftr-490	207	6	loan	loan	NOUN
ftr-490	207	7	exceeds	exceed	VERB
ftr-490	207	8	the	the	DET
ftr-490	207	9	fair	fair	ADJ
ftr-490	207	10	market	market	NOUN
ftr-490	207	11	value	value	NOUN
ftr-490	207	12	of	of	ADP
ftr-490	207	13	the	the	DET
ftr-490	207	14	property	property	NOUN
ftr-490	207	15	thus	thus	ADV
ftr-490	207	16	becomes	become	VERB
ftr-490	207	17	irrelevant.2	irrelevant.2	PROPN
ftr-490	207	18	justice	justice	PROPN
ftr-490	207	19	blackmun	blackmun	PROPN
ftr-490	207	20	's	's	PART
ftr-490	207	21	"	"	PUNCT
ftr-490	207	22	true	true	ADJ
ftr-490	207	23	loan	loan	NOUN
ftr-490	207	24	"	"	PUNCT
ftr-490	207	25	rationale	rationale	NOUN
ftr-490	207	26	reflects	reflect	VERB
ftr-490	207	27	the	the	DET
ftr-490	207	28	fact	fact	NOUN
ftr-490	207	29	that	that	SCONJ
ftr-490	207	30	the	the	DET
ftr-490	207	31	taxpayer	taxpayer	NOUN
ftr-490	207	32	did	do	AUX
ftr-490	207	33	not	not	PART
ftr-490	207	34	include	include	VERB
ftr-490	207	35	in	in	ADP
ftr-490	207	36	income	income	NOUN
ftr-490	207	37	any	any	PRON
ftr-490	207	38	of	of	ADP
ftr-490	207	39	the	the	DET
ftr-490	207	40	nonrecourse	nonrecourse	NOUN
ftr-490	207	41	loan	loan	NOUN
ftr-490	207	42	proceeds	proceed	NOUN
ftr-490	207	43	on	on	ADP
ftr-490	207	44	receipt	receipt	NOUN
ftr-490	207	45	on	on	ADP
ftr-490	207	46	the	the	DET
ftr-490	207	47	23	23	NUM
ftr-490	207	48	.	.	PUNCT
ftr-490	208	1	see	see	VERB
ftr-490	208	2	crane	crane	NOUN
ftr-490	208	3	v.	v.	PROPN
ftr-490	208	4	commissioner	commissioner	PROPN
ftr-490	208	5	,	,	PUNCT
ftr-490	208	6	331	331	NUM
ftr-490	208	7	u.s	u.s	PROPN
ftr-490	208	8	.	.	PROPN
ftr-490	208	9	1	1	NUM
ftr-490	208	10	,	,	PUNCT
ftr-490	208	11	13	13	NUM
ftr-490	208	12	-	-	SYM
ftr-490	208	13	14	14	NUM
ftr-490	208	14	(	(	PUNCT
ftr-490	208	15	1947	1947	NUM
ftr-490	208	16	)	)	PUNCT
ftr-490	208	17	.	.	PUNCT
ftr-490	209	1	24	24	NUM
ftr-490	209	2	.	.	PUNCT
ftr-490	209	3	footnote	footnote	VERB
ftr-490	209	4	37	37	NUM
ftr-490	209	5	in	in	ADP
ftr-490	209	6	crane	crane	NOUN
ftr-490	209	7	stated	state	VERB
ftr-490	209	8	:	:	PUNCT
ftr-490	209	9	obviously	obviously	ADV
ftr-490	209	10	,	,	PUNCT
ftr-490	209	11	if	if	SCONJ
ftr-490	209	12	the	the	DET
ftr-490	209	13	value	value	NOUN
ftr-490	209	14	of	of	ADP
ftr-490	209	15	the	the	DET
ftr-490	209	16	property	property	NOUN
ftr-490	209	17	is	be	AUX
ftr-490	209	18	less	less	ADJ
ftr-490	209	19	than	than	ADP
ftr-490	209	20	the	the	DET
ftr-490	209	21	amount	amount	NOUN
ftr-490	209	22	of	of	ADP
ftr-490	209	23	the	the	DET
ftr-490	209	24	mortgage	mortgage	NOUN
ftr-490	209	25	,	,	PUNCT
ftr-490	209	26	a	a	DET
ftr-490	209	27	mortgagor	mortgagor	NOUN
ftr-490	209	28	who	who	PRON
ftr-490	209	29	is	be	AUX
ftr-490	209	30	not	not	PART
ftr-490	209	31	personally	personally	ADV
ftr-490	209	32	liable	liable	ADJ
ftr-490	209	33	can	can	AUX
ftr-490	209	34	not	not	PART
ftr-490	209	35	realize	realize	VERB
ftr-490	209	36	a	a	DET
ftr-490	209	37	benefit	benefit	NOUN
ftr-490	209	38	equal	equal	ADJ
ftr-490	209	39	to	to	ADP
ftr-490	209	40	the	the	DET
ftr-490	209	41	mortgage	mortgage	NOUN
ftr-490	209	42	.	.	PUNCT
ftr-490	210	1	consequently	consequently	ADV
ftr-490	210	2	,	,	PUNCT
ftr-490	210	3	a	a	DET
ftr-490	210	4	different	different	ADJ
ftr-490	210	5	problem	problem	NOUN
ftr-490	210	6	might	might	AUX
ftr-490	210	7	be	be	AUX
ftr-490	210	8	encountered	encounter	VERB
ftr-490	210	9	where	where	SCONJ
ftr-490	210	10	a	a	DET
ftr-490	210	11	mortgagor	mortgagor	NOUN
ftr-490	210	12	abandoned	abandon	VERB
ftr-490	210	13	the	the	DET
ftr-490	210	14	property	property	NOUN
ftr-490	210	15	or	or	CCONJ
ftr-490	210	16	transferred	transfer	VERB
ftr-490	210	17	it	it	PRON
ftr-490	210	18	subject	subject	ADJ
ftr-490	210	19	to	to	ADP
ftr-490	210	20	the	the	DET
ftr-490	210	21	mortgage	mortgage	NOUN
ftr-490	210	22	without	without	ADP
ftr-490	210	23	receiving	receive	VERB
ftr-490	210	24	boot	boot	NOUN
ftr-490	210	25	.	.	PUNCT
ftr-490	211	1	that	that	PRON
ftr-490	211	2	is	be	AUX
ftr-490	211	3	not	not	PART
ftr-490	211	4	this	this	DET
ftr-490	211	5	case	case	NOUN
ftr-490	211	6	.	.	PUNCT
ftr-490	212	1	i	i	PRON
ftr-490	212	2	d.	d.	PROPN
ftr-490	212	3	at	at	ADP
ftr-490	212	4	14	14	NUM
ftr-490	212	5	n.37	n.37	PROPN
ftr-490	212	6	.	.	PROPN
ftr-490	212	7	25	25	NUM
ftr-490	212	8	.	.	PUNCT
ftr-490	213	1	tufts	tuft	NOUN
ftr-490	213	2	,	,	PUNCT
ftr-490	213	3	461	461	NUM
ftr-490	213	4	u.s	u.s	PROPN
ftr-490	213	5	.	.	PROPN
ftr-490	213	6	at	at	ADP
ftr-490	213	7	307	307	NUM
ftr-490	213	8	(	(	PUNCT
ftr-490	213	9	emphasis	emphasis	NOUN
ftr-490	213	10	added	add	VERB
ftr-490	213	11	)	)	PUNCT
ftr-490	213	12	.	.	PUNCT
ftr-490	214	1	the	the	DET
ftr-490	214	2	language	language	NOUN
ftr-490	214	3	here	here	ADV
ftr-490	214	4	regarding	regard	VERB
ftr-490	214	5	the	the	DET
ftr-490	214	6	appropriateness	appropriateness	NOUN
ftr-490	214	7	of	of	ADP
ftr-490	214	8	including	include	VERB
ftr-490	214	9	the	the	DET
ftr-490	214	10	entire	entire	ADJ
ftr-490	214	11	debt	debt	NOUN
ftr-490	214	12	relief	relief	NOUN
ftr-490	214	13	in	in	ADP
ftr-490	214	14	amount	amount	NOUN
ftr-490	214	15	realized	realize	VERB
ftr-490	214	16	illustrates	illustrate	VERB
ftr-490	214	17	the	the	DET
ftr-490	214	18	failure	failure	NOUN
ftr-490	214	19	of	of	ADP
ftr-490	214	20	the	the	DET
ftr-490	214	21	court	court	NOUN
ftr-490	214	22	to	to	PART
ftr-490	214	23	tease	tease	VERB
ftr-490	214	24	out	out	ADP
ftr-490	214	25	what	what	PRON
ftr-490	214	26	are	be	AUX
ftr-490	214	27	really	really	ADV
ftr-490	214	28	two	two	NUM
ftr-490	214	29	separate	separate	ADJ
ftr-490	214	30	issues	issue	NOUN
ftr-490	214	31	.	.	PUNCT
ftr-490	215	1	the	the	DET
ftr-490	215	2	fact	fact	NOUN
ftr-490	215	3	that	that	SCONJ
ftr-490	215	4	the	the	DET
ftr-490	215	5	full	full	ADJ
ftr-490	215	6	amount	amount	NOUN
ftr-490	215	7	of	of	ADP
ftr-490	215	8	the	the	DET
ftr-490	215	9	loan	loan	NOUN
ftr-490	215	10	can	can	AUX
ftr-490	215	11	properly	properly	ADV
ftr-490	215	12	be	be	AUX
ftr-490	215	13	taken	take	VERB
ftr-490	215	14	into	into	ADP
ftr-490	215	15	consideration	consideration	NOUN
ftr-490	215	16	in	in	ADP
ftr-490	215	17	determining	determine	VERB
ftr-490	215	18	the	the	DET
ftr-490	215	19	tax	tax	NOUN
ftr-490	215	20	consequences	consequence	NOUN
ftr-490	215	21	does	do	AUX
ftr-490	215	22	not	not	PART
ftr-490	215	23	determine	determine	VERB
ftr-490	215	24	whether	whether	SCONJ
ftr-490	215	25	those	those	DET
ftr-490	215	26	consequences	consequence	NOUN
ftr-490	215	27	should	should	AUX
ftr-490	215	28	arise	arise	VERB
ftr-490	215	29	solely	solely	ADV
ftr-490	215	30	under	under	ADP
ftr-490	215	31	section	section	NOUN
ftr-490	215	32	1001	1001	NUM
ftr-490	215	33	or	or	CCONJ
ftr-490	215	34	whether	whether	SCONJ
ftr-490	215	35	the	the	DET
ftr-490	215	36	consequences	consequence	NOUN
ftr-490	215	37	of	of	ADP
ftr-490	215	38	the	the	DET
ftr-490	215	39	debt	debt	NOUN
ftr-490	215	40	relief	relief	NOUN
ftr-490	215	41	should	should	AUX
ftr-490	215	42	be	be	AUX
ftr-490	215	43	analyzed	analyze	VERB
ftr-490	215	44	under	under	ADP
ftr-490	215	45	the	the	DET
ftr-490	215	46	provisions	provision	NOUN
ftr-490	215	47	governing	govern	VERB
ftr-490	215	48	cod	cod	NOUN
ftr-490	215	49	income	income	NOUN
ftr-490	215	50	.	.	PUNCT
ftr-490	216	1	[	[	X
ftr-490	216	2	vol	vol	NOUN
ftr-490	216	3	1:3	1:3	NUM
ftr-490	216	4	tufts	tuft	NOUN
ftr-490	216	5	and	and	CCONJ
ftr-490	216	6	the	the	DET
ftr-490	216	7	evohtion	evohtion	NOUN
ftr-490	216	8	of	of	ADP
ftr-490	216	9	debt	debt	NOUN
ftr-490	216	10	-	-	PUNCT
ftr-490	216	11	discharge	discharge	NOUN
ftr-490	216	12	theory	theory	NOUN
ftr-490	216	13	theory	theory	NOUN
ftr-490	216	14	that	that	SCONJ
ftr-490	216	15	there	there	PRON
ftr-490	216	16	was	be	VERB
ftr-490	216	17	no	no	DET
ftr-490	216	18	"	"	PUNCT
ftr-490	216	19	accession	accession	NOUN
ftr-490	216	20	to	to	ADP
ftr-490	216	21	wealth	wealth	NOUN
ftr-490	216	22	"	"	PUNCT
ftr-490	216	23	'	'	NUM
ftr-490	216	24	6	6	NUM
ftr-490	216	25	because	because	SCONJ
ftr-490	216	26	of	of	ADP
ftr-490	216	27	the	the	DET
ftr-490	216	28	obligation	obligation	NOUN
ftr-490	216	29	to	to	PART
ftr-490	216	30	repay	repay	VERB
ftr-490	216	31	with	with	ADP
ftr-490	216	32	after	after	ADP
ftr-490	216	33	-	-	PUNCT
ftr-490	216	34	tax	tax	NOUN
ftr-490	216	35	dollars	dollar	NOUN
ftr-490	216	36	.	.	PUNCT
ftr-490	217	1	indeed	indeed	ADV
ftr-490	217	2	,	,	PUNCT
ftr-490	217	3	the	the	DET
ftr-490	217	4	taxpayer	taxpayer	NOUN
ftr-490	217	5	's	's	PART
ftr-490	217	6	inclusion	inclusion	NOUN
ftr-490	217	7	of	of	ADP
ftr-490	217	8	the	the	DET
ftr-490	217	9	full	full	ADJ
ftr-490	217	10	amount	amount	NOUN
ftr-490	217	11	of	of	ADP
ftr-490	217	12	debt	debt	NOUN
ftr-490	217	13	in	in	ADP
ftr-490	217	14	basis	basis	NOUN
ftr-490	217	15	(	(	PUNCT
ftr-490	217	16	upon	upon	SCONJ
ftr-490	217	17	which	which	DET
ftr-490	217	18	depreciation	depreciation	NOUN
ftr-490	217	19	is	be	AUX
ftr-490	217	20	calculated	calculate	VERB
ftr-490	217	21	)	)	PUNCT
ftr-490	217	22	evidenced	evidence	VERB
ftr-490	217	23	the	the	DET
ftr-490	217	24	taxpayer	taxpayer	NOUN
ftr-490	217	25	's	's	PART
ftr-490	217	26	acknowledgment	acknowledgment	NOUN
ftr-490	217	27	that	that	SCONJ
ftr-490	217	28	these	these	DET
ftr-490	217	29	loan	loan	NOUN
ftr-490	217	30	proceeds	proceed	NOUN
ftr-490	217	31	were	be	AUX
ftr-490	217	32	received	receive	VERB
ftr-490	217	33	and	and	CCONJ
ftr-490	217	34	excluded	exclude	VERB
ftr-490	217	35	on	on	ADP
ftr-490	217	36	that	that	DET
ftr-490	217	37	theory	theory	NOUN
ftr-490	217	38	.	.	PUNCT
ftr-490	218	1	when	when	SCONJ
ftr-490	218	2	the	the	DET
ftr-490	218	3	obligation	obligation	NOUN
ftr-490	218	4	to	to	PART
ftr-490	218	5	repay	repay	VERB
ftr-490	218	6	disappeared	disappear	VERB
ftr-490	218	7	so	so	ADV
ftr-490	218	8	did	do	VERB
ftr-490	218	9	the	the	DET
ftr-490	218	10	justification	justification	NOUN
ftr-490	218	11	for	for	ADP
ftr-490	218	12	the	the	DET
ftr-490	218	13	original	original	ADJ
ftr-490	218	14	exclusion	exclusion	NOUN
ftr-490	218	15	from	from	ADP
ftr-490	218	16	income	income	NOUN
ftr-490	218	17	.	.	PUNCT
ftr-490	219	1	this	this	DET
ftr-490	219	2	rationale	rationale	NOUN
ftr-490	219	3	is	be	AUX
ftr-490	219	4	the	the	DET
ftr-490	219	5	same	same	ADJ
ftr-490	219	6	used	use	VERB
ftr-490	219	7	by	by	ADP
ftr-490	219	8	modem	modem	NOUN
ftr-490	219	9	commentators	commentator	NOUN
ftr-490	219	10	to	to	PART
ftr-490	219	11	justify	justify	VERB
ftr-490	219	12	the	the	DET
ftr-490	219	13	inclusion	inclusion	NOUN
ftr-490	219	14	in	in	ADP
ftr-490	219	15	gross	gross	ADJ
ftr-490	219	16	income	income	NOUN
ftr-490	219	17	of	of	ADP
ftr-490	219	18	cod	cod	PROPN
ftr-490	219	19	income.27	income.27	PROPN
ftr-490	219	20	3	3	X
ftr-490	219	21	.	.	PUNCT
ftr-490	220	1	the	the	DET
ftr-490	220	2	court	court	NOUN
ftr-490	220	3	's	's	PART
ftr-490	220	4	deference	deference	NOUN
ftr-490	220	5	to	to	ADP
ftr-490	220	6	the	the	DET
ftr-490	220	7	collapsed	collapse	VERB
ftr-490	220	8	approach	approach	NOUN
ftr-490	220	9	with	with	ADP
ftr-490	220	10	respect	respect	NOUN
ftr-490	220	11	to	to	ADP
ftr-490	220	12	the	the	DET
ftr-490	220	13	second	second	ADJ
ftr-490	220	14	issue.-the	issue.-the	DET
ftr-490	220	15	conclusion	conclusion	NOUN
ftr-490	220	16	that	that	SCONJ
ftr-490	220	17	relief	relief	NOUN
ftr-490	220	18	from	from	ADP
ftr-490	220	19	nonrecourse	nonrecourse	NOUN
ftr-490	220	20	indebtedness	indebtedness	NOUN
ftr-490	220	21	in	in	ADP
ftr-490	220	22	excess	excess	NOUN
ftr-490	220	23	of	of	ADP
ftr-490	220	24	the	the	DET
ftr-490	220	25	fair	fair	ADJ
ftr-490	220	26	market	market	NOUN
ftr-490	220	27	value	value	NOUN
ftr-490	220	28	of	of	ADP
ftr-490	220	29	the	the	DET
ftr-490	220	30	property	property	NOUN
ftr-490	220	31	transferred	transfer	VERB
ftr-490	220	32	in	in	ADP
ftr-490	220	33	the	the	DET
ftr-490	220	34	transaction	transaction	NOUN
ftr-490	220	35	constitutes	constitute	VERB
ftr-490	220	36	an	an	DET
ftr-490	220	37	accession	accession	NOUN
ftr-490	220	38	to	to	ADP
ftr-490	220	39	wealth	wealth	NOUN
ftr-490	220	40	for	for	ADP
ftr-490	220	41	which	which	PRON
ftr-490	220	42	the	the	DET
ftr-490	220	43	tax	tax	NOUN
ftr-490	220	44	law	law	NOUN
ftr-490	220	45	can	can	AUX
ftr-490	220	46	account	account	VERB
ftr-490	220	47	fails	fail	VERB
ftr-490	220	48	to	to	PART
ftr-490	220	49	answer	answer	VERB
ftr-490	220	50	the	the	DET
ftr-490	220	51	question	question	NOUN
ftr-490	220	52	regarding	regard	VERB
ftr-490	220	53	how	how	SCONJ
ftr-490	220	54	the	the	DET
ftr-490	220	55	tax	tax	NOUN
ftr-490	220	56	law	law	NOUN
ftr-490	220	57	should	should	AUX
ftr-490	220	58	account	account	VERB
ftr-490	220	59	for	for	ADP
ftr-490	220	60	such	such	ADJ
ftr-490	220	61	relief	relief	NOUN
ftr-490	220	62	.	.	PUNCT
ftr-490	221	1	as	as	SCONJ
ftr-490	221	2	noted	note	VERB
ftr-490	221	3	above	above	ADV
ftr-490	221	4	,	,	PUNCT
ftr-490	221	5	the	the	DET
ftr-490	221	6	majority	majority	NOUN
ftr-490	221	7	opinion	opinion	NOUN
ftr-490	221	8	gave	give	VERB
ftr-490	221	9	short	short	ADJ
ftr-490	221	10	shrift	shrift	NOUN
ftr-490	221	11	to	to	ADP
ftr-490	221	12	this	this	DET
ftr-490	221	13	issue	issue	NOUN
ftr-490	221	14	,	,	PUNCT
ftr-490	221	15	simply	simply	ADV
ftr-490	221	16	stating	state	VERB
ftr-490	221	17	that	that	SCONJ
ftr-490	221	18	the	the	DET
ftr-490	221	19	collapsed	collapsed	ADJ
ftr-490	221	20	approach	approach	NOUN
ftr-490	221	21	adopted	adopt	VERB
ftr-490	221	22	by	by	ADP
ftr-490	221	23	the	the	DET
ftr-490	221	24	commissioner	commissioner	NOUN
ftr-490	221	25	was	be	AUX
ftr-490	221	26	not	not	PART
ftr-490	221	27	unreasonable	unreasonable	ADJ
ftr-490	221	28	.	.	PUNCT
ftr-490	222	1	28	28	NUM
ftr-490	223	1	the	the	DET
ftr-490	223	2	court	court	NOUN
ftr-490	223	3	indicated	indicate	VERB
ftr-490	223	4	in	in	ADP
ftr-490	223	5	a	a	DET
ftr-490	223	6	footnote	footnote	NOUN
ftr-490	223	7	that	that	SCONJ
ftr-490	223	8	the	the	DET
ftr-490	223	9	bifurcated	bifurcated	ADJ
ftr-490	223	10	approach	approach	NOUN
ftr-490	223	11	described	describe	VERB
ftr-490	223	12	in	in	ADP
ftr-490	223	13	an	an	DET
ftr-490	223	14	amicus	amicus	NOUN
ftr-490	223	15	brief	brief	NOUN
ftr-490	223	16	'	'	PUNCT
ftr-490	223	17	"	"	PUNCT
ftr-490	223	18	indeed	indeed	ADV
ftr-490	223	19	could	could	AUX
ftr-490	223	20	be	be	AUX
ftr-490	223	21	a	a	DET
ftr-490	223	22	justifiable	justifiable	ADJ
ftr-490	223	23	mode	mode	NOUN
ftr-490	223	24	of	of	ADP
ftr-490	223	25	analysis	analysis	NOUN
ftr-490	223	26	"	"	PUNCT
ftr-490	223	27	'	'	NUM
ftr-490	223	28	30	30	NUM
ftr-490	223	29	but	but	CCONJ
ftr-490	223	30	that	that	SCONJ
ftr-490	223	31	the	the	DET
ftr-490	223	32	proper	proper	ADJ
ftr-490	223	33	role	role	NOUN
ftr-490	223	34	of	of	ADP
ftr-490	223	35	the	the	DET
ftr-490	223	36	court	court	NOUN
ftr-490	223	37	was	be	AUX
ftr-490	223	38	not	not	PART
ftr-490	223	39	to	to	PART
ftr-490	223	40	decide	decide	VERB
ftr-490	223	41	which	which	DET
ftr-490	223	42	method	method	NOUN
ftr-490	223	43	was	be	AUX
ftr-490	223	44	best	good	ADJ
ftr-490	223	45	.	.	PUNCT
ftr-490	224	1	rather	rather	ADV
ftr-490	224	2	,	,	PUNCT
ftr-490	224	3	its	its	PRON
ftr-490	224	4	job	job	NOUN
ftr-490	224	5	was	be	AUX
ftr-490	224	6	to	to	PART
ftr-490	224	7	decide	decide	VERB
ftr-490	224	8	only	only	ADV
ftr-490	224	9	whether	whether	SCONJ
ftr-490	224	10	the	the	DET
ftr-490	224	11	method	method	NOUN
ftr-490	224	12	chosen	choose	VERB
ftr-490	224	13	by	by	ADP
ftr-490	224	14	the	the	DET
ftr-490	224	15	commissioner	commissioner	NOUN
ftr-490	224	16	was	be	AUX
ftr-490	224	17	a	a	DET
ftr-490	224	18	reasonable	reasonable	ADJ
ftr-490	224	19	one	one	NOUN
ftr-490	224	20	.	.	PUNCT
ftr-490	225	1	because	because	SCONJ
ftr-490	225	2	the	the	DET
ftr-490	225	3	government	government	NOUN
ftr-490	225	4	,	,	PUNCT
ftr-490	225	5	as	as	SCONJ
ftr-490	225	6	developed	develop	VERB
ftr-490	225	7	more	more	ADV
ftr-490	225	8	fully	fully	ADV
ftr-490	225	9	below	below	ADV
ftr-490	225	10	,	,	PUNCT
ftr-490	225	11	neither	neither	CCONJ
ftr-490	225	12	fully	fully	ADV
ftr-490	225	13	alerted	alert	VERB
ftr-490	225	14	the	the	DET
ftr-490	225	15	court	court	NOUN
ftr-490	225	16	that	that	SCONJ
ftr-490	225	17	the	the	DET
ftr-490	225	18	bifurcated	bifurcated	ADJ
ftr-490	225	19	method	method	NOUN
ftr-490	225	20	was	be	AUX
ftr-490	225	21	used	use	VERB
ftr-490	225	22	for	for	ADP
ftr-490	225	23	recourse	recourse	NOUN
ftr-490	225	24	debt	debt	NOUN
ftr-490	225	25	nor	nor	CCONJ
ftr-490	225	26	,	,	PUNCT
ftr-490	225	27	consequently	consequently	ADV
ftr-490	225	28	,	,	PUNCT
ftr-490	225	29	defended	defend	VERB
ftr-490	225	30	using	use	VERB
ftr-490	225	31	different	different	ADJ
ftr-490	225	32	approaches	approach	NOUN
ftr-490	225	33	for	for	ADP
ftr-490	225	34	different	different	ADJ
ftr-490	225	35	types	type	NOUN
ftr-490	225	36	of	of	ADP
ftr-490	225	37	debt	debt	NOUN
ftr-490	225	38	,	,	PUNCT
ftr-490	225	39	the	the	DET
ftr-490	225	40	court	court	NOUN
ftr-490	225	41	's	's	PART
ftr-490	225	42	conclusion	conclusion	NOUN
ftr-490	225	43	that	that	SCONJ
ftr-490	225	44	the	the	DET
ftr-490	225	45	collapsed	collapse	VERB
ftr-490	225	46	approach	approach	NOUN
ftr-490	225	47	was	be	AUX
ftr-490	225	48	"	"	PUNCT
ftr-490	225	49	reasonable	reasonable	ADJ
ftr-490	225	50	"	"	PUNCT
ftr-490	225	51	was	be	AUX
ftr-490	225	52	itself	itself	PRON
ftr-490	225	53	unsurprising	unsurprising	ADJ
ftr-490	225	54	.	.	PUNCT
ftr-490	226	1	thus	thus	ADV
ftr-490	226	2	,	,	PUNCT
ftr-490	226	3	the	the	DET
ftr-490	226	4	court	court	NOUN
ftr-490	226	5	affirmed	affirm	VERB
ftr-490	226	6	that	that	SCONJ
ftr-490	226	7	tufts	tuft	NOUN
ftr-490	226	8	's	's	PART
ftr-490	226	9	disposition	disposition	NOUN
ftr-490	226	10	generated	generate	VERB
ftr-490	226	11	$	$	SYM
ftr-490	226	12	400,000	400,000	NUM
ftr-490	226	13	of	of	ADP
ftr-490	226	14	gain	gain	NOUN
ftr-490	226	15	under	under	ADP
ftr-490	226	16	section	section	NOUN
ftr-490	226	17	1001	1001	NUM
ftr-490	226	18	:	:	PUNCT
ftr-490	226	19	the	the	DET
ftr-490	226	20	difference	difference	NOUN
ftr-490	226	21	between	between	ADP
ftr-490	226	22	tufts	tuft	NOUN
ftr-490	226	23	's	's	PART
ftr-490	226	24	$	$	SYM
ftr-490	226	25	1,450,000	1,450,000	NUM
ftr-490	226	26	basis	basis	NOUN
ftr-490	226	27	and	and	CCONJ
ftr-490	226	28	the	the	DET
ftr-490	226	29	$	$	SYM
ftr-490	226	30	1,850,000	1,850,000	NUM
ftr-490	226	31	debt	debt	NOUN
ftr-490	226	32	of	of	ADP
ftr-490	226	33	which	which	PRON
ftr-490	226	34	he	he	PRON
ftr-490	226	35	was	be	AUX
ftr-490	226	36	relieved	relieve	VERB
ftr-490	226	37	.	.	PUNCT
ftr-490	227	1	justice	justice	PROPN
ftr-490	227	2	o'connor	o'connor	PROPN
ftr-490	227	3	,	,	PUNCT
ftr-490	227	4	in	in	ADP
ftr-490	227	5	her	her	PRON
ftr-490	227	6	concurring	concurring	NOUN
ftr-490	227	7	opinion	opinion	NOUN
ftr-490	227	8	,	,	PUNCT
ftr-490	227	9	agreed	agree	VERB
ftr-490	227	10	with	with	ADP
ftr-490	227	11	the	the	DET
ftr-490	227	12	majority	majority	NOUN
ftr-490	227	13	regarding	regard	VERB
ftr-490	227	14	the	the	DET
ftr-490	227	15	proper	proper	ADJ
ftr-490	227	16	role	role	NOUN
ftr-490	227	17	of	of	ADP
ftr-490	227	18	the	the	DET
ftr-490	227	19	court	court	NOUN
ftr-490	227	20	but	but	CCONJ
ftr-490	227	21	went	go	VERB
ftr-490	227	22	on	on	ADP
ftr-490	227	23	record	record	NOUN
ftr-490	227	24	as	as	ADP
ftr-490	227	25	strongly	strongly	ADV
ftr-490	227	26	endorsing	endorse	VERB
ftr-490	227	27	the	the	DET
ftr-490	227	28	bifurcated	bifurcated	ADJ
ftr-490	227	29	approach	approach	NOUN
ftr-490	227	30	,	,	PUNCT
ftr-490	227	31	advocated	advocate	VERB
ftr-490	227	32	in	in	ADP
ftr-490	227	33	an	an	DET
ftr-490	227	34	amicus	amicus	NOUN
ftr-490	227	35	brief	brief	NOUN
ftr-490	227	36	submitted	submit	VERB
ftr-490	227	37	by	by	ADP
ftr-490	227	38	26	26	NUM
ftr-490	227	39	.	.	PUNCT
ftr-490	228	1	commissioner	commissioner	PROPN
ftr-490	228	2	v.	v.	PROPN
ftr-490	228	3	glenshaw	glenshaw	PROPN
ftr-490	228	4	glass	glass	PROPN
ftr-490	228	5	co.	co.	PROPN
ftr-490	228	6	,	,	PUNCT
ftr-490	228	7	348	348	NUM
ftr-490	228	8	u.s	u.s	PROPN
ftr-490	228	9	.	.	PROPN
ftr-490	228	10	426	426	NUM
ftr-490	228	11	,	,	PUNCT
ftr-490	228	12	431	431	NUM
ftr-490	228	13	(	(	PUNCT
ftr-490	228	14	19551	19551	NUM
ftr-490	228	15	(	(	PUNCT
ftr-490	228	16	defining	define	VERB
ftr-490	228	17	income	income	NOUN
ftr-490	228	18	as	as	ADP
ftr-490	228	19	"	"	PUNCT
ftr-490	228	20	undeniable	undeniable	ADJ
ftr-490	228	21	accessions	accession	NOUN
ftr-490	228	22	to	to	ADP
ftr-490	228	23	wealth	wealth	NOUN
ftr-490	228	24	,	,	PUNCT
ftr-490	228	25	clearly	clearly	ADV
ftr-490	228	26	realized	realize	VERB
ftr-490	228	27	,	,	PUNCT
ftr-490	228	28	and	and	CCONJ
ftr-490	228	29	over	over	ADP
ftr-490	228	30	which	which	PRON
ftr-490	228	31	the	the	DET
ftr-490	228	32	taxpayers	taxpayer	NOUN
ftr-490	228	33	have	have	VERB
ftr-490	228	34	complete	complete	ADJ
ftr-490	228	35	dominion	dominion	NOUN
ftr-490	228	36	"	"	PUNCT
ftr-490	228	37	)	)	PUNCT
ftr-490	228	38	.	.	PUNCT
ftr-490	229	1	27	27	NUM
ftr-490	229	2	.	.	PUNCT
ftr-490	230	1	see	see	VERB
ftr-490	230	2	supra	supra	PROPN
ftr-490	230	3	note	note	PROPN
ftr-490	230	4	8	8	NUM
ftr-490	230	5	and	and	CCONJ
ftr-490	230	6	infra	infra	NOUN
ftr-490	230	7	notes	note	VERB
ftr-490	230	8	81	81	NUM
ftr-490	230	9	-	-	SYM
ftr-490	230	10	117	117	NUM
ftr-490	230	11	and	and	CCONJ
ftr-490	230	12	accompanying	accompany	VERB
ftr-490	230	13	text	text	NOUN
ftr-490	230	14	(	(	PUNCT
ftr-490	230	15	describing	describe	VERB
ftr-490	230	16	current	current	ADJ
ftr-490	230	17	debt	debt	NOUN
ftr-490	230	18	-	-	PUNCT
ftr-490	230	19	discharge	discharge	NOUN
ftr-490	230	20	theory	theory	NOUN
ftr-490	230	21	)	)	PUNCT
ftr-490	230	22	.	.	PUNCT
ftr-490	231	1	28	28	NUM
ftr-490	231	2	.	.	PUNCT
ftr-490	232	1	see	see	VERB
ftr-490	232	2	tufts	tuft	NOUN
ftr-490	232	3	,	,	PUNCT
ftr-490	232	4	461	461	NUM
ftr-490	232	5	u.s	u.s	PROPN
ftr-490	232	6	.	.	PROPN
ftr-490	232	7	at	at	ADP
ftr-490	232	8	310	310	NUM
ftr-490	232	9	.	.	PUNCT
ftr-490	233	1	indeed	indeed	ADV
ftr-490	233	2	,	,	PUNCT
ftr-490	233	3	had	have	VERB
ftr-490	233	4	it	it	PRON
ftr-490	233	5	not	not	PART
ftr-490	233	6	been	be	AUX
ftr-490	233	7	for	for	ADP
ftr-490	233	8	professor	professor	NOUN
ftr-490	233	9	barnett	barnett	PROPN
ftr-490	233	10	's	's	PART
ftr-490	233	11	amicus	amicus	NOUN
ftr-490	233	12	brief	brief	NOUN
ftr-490	233	13	(	(	PUNCT
ftr-490	233	14	see	see	VERB
ftr-490	233	15	infra	infra	NOUN
ftr-490	233	16	notes	note	VERB
ftr-490	233	17	31	31	NUM
ftr-490	233	18	-	-	SYM
ftr-490	233	19	35	35	NUM
ftr-490	233	20	and	and	CCONJ
ftr-490	233	21	accompanying	accompany	VERB
ftr-490	233	22	text	text	NOUN
ftr-490	233	23	)	)	PUNCT
ftr-490	233	24	,	,	PUNCT
ftr-490	233	25	the	the	DET
ftr-490	233	26	court	court	NOUN
ftr-490	233	27	would	would	AUX
ftr-490	233	28	probably	probably	ADV
ftr-490	233	29	not	not	PART
ftr-490	233	30	have	have	AUX
ftr-490	233	31	been	be	AUX
ftr-490	233	32	aware	aware	ADJ
ftr-490	233	33	of	of	ADP
ftr-490	233	34	the	the	DET
ftr-490	233	35	possibility	possibility	NOUN
ftr-490	233	36	of	of	ADP
ftr-490	233	37	using	use	VERB
ftr-490	233	38	the	the	DET
ftr-490	233	39	bifurcated	bifurcated	ADJ
ftr-490	233	40	approach	approach	NOUN
ftr-490	233	41	.	.	PUNCT
ftr-490	234	1	29	29	NUM
ftr-490	234	2	.	.	X
ftr-490	235	1	see	see	VERB
ftr-490	235	2	infra	infra	NOUN
ftr-490	235	3	notes	note	VERB
ftr-490	235	4	31	31	NUM
ftr-490	235	5	-	-	SYM
ftr-490	235	6	35	35	NUM
ftr-490	235	7	and	and	CCONJ
ftr-490	235	8	accompanying	accompany	VERB
ftr-490	235	9	text	text	NOUN
ftr-490	235	10	(	(	PUNCT
ftr-490	235	11	discussing	discuss	VERB
ftr-490	235	12	the	the	DET
ftr-490	235	13	amicus	amicus	NOUN
ftr-490	235	14	brief	brief	NOUN
ftr-490	235	15	)	)	PUNCT
ftr-490	235	16	.	.	PUNCT
ftr-490	236	1	30	30	NUM
ftr-490	236	2	.	.	PUNCT
ftr-490	236	3	tufts	tuft	NOUN
ftr-490	236	4	,	,	PUNCT
ftr-490	236	5	461	461	NUM
ftr-490	236	6	u.s	u.s	PROPN
ftr-490	236	7	.	.	PROPN
ftr-490	236	8	at	at	ADP
ftr-490	236	9	310	310	NUM
ftr-490	236	10	n.l	n.l	PROPN
ftr-490	236	11	1	1	NUM
ftr-490	236	12	(	(	PUNCT
ftr-490	236	13	indicating	indicate	VERB
ftr-490	236	14	that	that	SCONJ
ftr-490	236	15	the	the	DET
ftr-490	236	16	court	court	NOUN
ftr-490	236	17	might	might	AUX
ftr-490	236	18	also	also	ADV
ftr-490	236	19	affirm	affirm	VERB
ftr-490	236	20	that	that	SCONJ
ftr-490	236	21	approach	approach	NOUN
ftr-490	236	22	if	if	SCONJ
ftr-490	236	23	the	the	DET
ftr-490	236	24	commissioner	commissioner	NOUN
ftr-490	236	25	changed	change	VERB
ftr-490	236	26	his	his	PRON
ftr-490	236	27	position	position	NOUN
ftr-490	236	28	)	)	PUNCT
ftr-490	236	29	.	.	PUNCT
ftr-490	237	1	19921	19921	NUM
ftr-490	237	2	florida	florida	PROPN
ftr-490	237	3	tax	tax	PROPN
ftr-490	237	4	review	review	PROPN
ftr-490	237	5	professor	professor	NOUN
ftr-490	237	6	wayne	wayne	PROPN
ftr-490	237	7	g.	g.	PROPN
ftr-490	237	8	barnett	barnett	PROPN
ftr-490	237	9	of	of	ADP
ftr-490	237	10	her	her	PRON
ftr-490	237	11	alma	alma	NOUN
ftr-490	237	12	mater,3	mater,3	NOUN
ftr-490	237	13	'	'	PUNCT
ftr-490	237	14	as	as	SCONJ
ftr-490	237	15	the	the	DET
ftr-490	237	16	more	more	ADV
ftr-490	237	17	conceptually	conceptually	ADV
ftr-490	237	18	correct	correct	ADJ
ftr-490	237	19	approach.32	approach.32	VERB
ftr-490	237	20	the	the	DET
ftr-490	237	21	bifurcated	bifurcated	ADJ
ftr-490	237	22	approach	approach	NOUN
ftr-490	237	23	described	describe	VERB
ftr-490	237	24	is	be	AUX
ftr-490	237	25	in	in	ADP
ftr-490	237	26	its	its	PRON
ftr-490	237	27	essentials	essential	NOUN
ftr-490	237	28	the	the	DET
ftr-490	237	29	bifurcated	bifurcated	ADJ
ftr-490	237	30	approach	approach	NOUN
ftr-490	237	31	actually	actually	ADV
ftr-490	237	32	adopted	adopt	VERB
ftr-490	237	33	in	in	ADP
ftr-490	237	34	the	the	DET
ftr-490	237	35	regulations	regulation	NOUN
ftr-490	237	36	for	for	ADP
ftr-490	237	37	recourse	recourse	NOUN
ftr-490	237	38	debt	debt	NOUN
ftr-490	237	39	when	when	SCONJ
ftr-490	237	40	property	property	NOUN
ftr-490	237	41	worth	worth	ADJ
ftr-490	237	42	less	less	ADJ
ftr-490	237	43	than	than	ADP
ftr-490	237	44	the	the	DET
ftr-490	237	45	debt	debt	NOUN
ftr-490	237	46	is	be	AUX
ftr-490	237	47	transferred	transfer	VERB
ftr-490	237	48	in	in	ADP
ftr-490	237	49	complete	complete	ADJ
ftr-490	237	50	discharge	discharge	NOUN
ftr-490	237	51	of	of	ADP
ftr-490	237	52	the	the	DET
ftr-490	237	53	debt.33	debt.33	NOUN
ftr-490	237	54	under	under	ADP
ftr-490	237	55	that	that	PRON
ftr-490	238	1	approach,34	approach,34	PROPN
ftr-490	238	2	tufts	tuft	NOUN
ftr-490	238	3	's	's	PART
ftr-490	238	4	asset	asset	NOUN
ftr-490	238	5	would	would	AUX
ftr-490	238	6	be	be	AUX
ftr-490	238	7	considered	consider	VERB
ftr-490	238	8	sold	sell	VERB
ftr-490	238	9	31	31	NUM
ftr-490	238	10	.	.	PUNCT
ftr-490	239	1	brief	brief	ADJ
ftr-490	239	2	for	for	ADP
ftr-490	239	3	amicus	amicus	NOUN
ftr-490	239	4	curiae	curiae	NOUN
ftr-490	239	5	,	,	PUNCT
ftr-490	239	6	commissioner	commissioner	NOUN
ftr-490	239	7	v.	v.	PROPN
ftr-490	239	8	tufts	tuft	NOUN
ftr-490	239	9	,	,	PUNCT
ftr-490	239	10	461	461	NUM
ftr-490	239	11	u.s	u.s	PROPN
ftr-490	239	12	.	.	PROPN
ftr-490	239	13	300	300	NUM
ftr-490	239	14	(	(	PUNCT
ftr-490	239	15	1983	1983	NUM
ftr-490	239	16	)	)	PUNCT
ftr-490	239	17	(	(	PUNCT
ftr-490	239	18	no	no	INTJ
ftr-490	239	19	.	.	NOUN
ftr-490	239	20	811536	811536	NUM
ftr-490	239	21	)	)	PUNCT
ftr-490	239	22	.	.	PUNCT
ftr-490	240	1	professor	professor	PROPN
ftr-490	240	2	barnett	barnett	PROPN
ftr-490	240	3	was	be	AUX
ftr-490	240	4	professor	professor	NOUN
ftr-490	240	5	of	of	ADP
ftr-490	240	6	law	law	NOUN
ftr-490	240	7	at	at	ADP
ftr-490	240	8	stanford	stanford	PROPN
ftr-490	240	9	law	law	PROPN
ftr-490	240	10	school	school	NOUN
ftr-490	240	11	from	from	ADP
ftr-490	240	12	1966	1966	NUM
ftr-490	240	13	-	-	SYM
ftr-490	240	14	1986	1986	NUM
ftr-490	240	15	.	.	PUNCT
ftr-490	241	1	he	he	PRON
ftr-490	241	2	has	have	AUX
ftr-490	241	3	been	be	AUX
ftr-490	241	4	professor	professor	NOUN
ftr-490	241	5	emeritus	emeritus	NOUN
ftr-490	241	6	at	at	ADP
ftr-490	241	7	stanford	stanford	PROPN
ftr-490	241	8	since	since	SCONJ
ftr-490	241	9	1986	1986	NUM
ftr-490	241	10	.	.	PUNCT
ftr-490	242	1	see	see	VERB
ftr-490	242	2	ass'n	ass'n	PROPN
ftr-490	242	3	of	of	ADP
ftr-490	242	4	am	am	NOUN
ftr-490	242	5	.	.	PUNCT
ftr-490	243	1	law	law	NOUN
ftr-490	243	2	schools	school	NOUN
ftr-490	243	3	,	,	PUNCT
ftr-490	243	4	the	the	DET
ftr-490	243	5	aals	aal	NOUN
ftr-490	243	6	directory	directory	NOUN
ftr-490	243	7	of	of	ADP
ftr-490	243	8	law	law	NOUN
ftr-490	243	9	teachers	teacher	NOUN
ftr-490	243	10	1991	1991	NUM
ftr-490	243	11	-	-	SYM
ftr-490	243	12	1992	1992	NUM
ftr-490	243	13	,	,	PUNCT
ftr-490	243	14	at	at	ADP
ftr-490	243	15	163	163	NUM
ftr-490	243	16	[	[	SYM
ftr-490	243	17	hereinafter	hereinafter	VERB
ftr-490	243	18	the	the	DET
ftr-490	243	19	directory	directory	NOUN
ftr-490	243	20	]	]	PUNCT
ftr-490	243	21	.	.	PUNCT
ftr-490	244	1	stanford	stanford	PROPN
ftr-490	244	2	was	be	AUX
ftr-490	244	3	justice	justice	PROPN
ftr-490	244	4	o'connor	o'connor	PROPN
ftr-490	244	5	's	's	PART
ftr-490	244	6	alma	alma	NOUN
ftr-490	244	7	mater	mater	NOUN
ftr-490	244	8	.	.	PUNCT
ftr-490	245	1	because	because	SCONJ
ftr-490	245	2	justice	justice	PROPN
ftr-490	245	3	o'connor	o'connor	PROPN
ftr-490	245	4	graduated	graduate	VERB
ftr-490	245	5	from	from	ADP
ftr-490	245	6	stanford	stanford	PROPN
ftr-490	245	7	in	in	ADP
ftr-490	245	8	1952	1952	NUM
ftr-490	245	9	,	,	PUNCT
ftr-490	245	10	however	however	ADV
ftr-490	245	11	,	,	PUNCT
ftr-490	245	12	she	she	PRON
ftr-490	245	13	could	could	AUX
ftr-490	245	14	not	not	PART
ftr-490	245	15	have	have	AUX
ftr-490	245	16	been	be	AUX
ftr-490	245	17	professor	professor	NOUN
ftr-490	245	18	bamett	bamett	NOUN
ftr-490	245	19	's	's	PART
ftr-490	245	20	student	student	NOUN
ftr-490	245	21	.	.	PUNCT
ftr-490	246	1	32	32	NUM
ftr-490	246	2	.	.	PUNCT
ftr-490	247	1	tufts	tuft	NOUN
ftr-490	247	2	,	,	PUNCT
ftr-490	247	3	461	461	NUM
ftr-490	247	4	u.s	u.s	PROPN
ftr-490	247	5	.	.	PROPN
ftr-490	247	6	at	at	ADP
ftr-490	247	7	317	317	NUM
ftr-490	247	8	(	(	PUNCT
ftr-490	247	9	o'connor	o'connor	PROPN
ftr-490	247	10	,	,	PUNCT
ftr-490	247	11	j.	j.	PROPN
ftr-490	247	12	,	,	PUNCT
ftr-490	247	13	concurring	concur	VERB
ftr-490	247	14	)	)	PUNCT
ftr-490	247	15	.	.	PUNCT
ftr-490	248	1	33	33	NUM
ftr-490	248	2	.	.	PUNCT
ftr-490	249	1	professor	professor	PROPN
ftr-490	249	2	barnett	barnett	PROPN
ftr-490	249	3	's	's	PART
ftr-490	249	4	approach	approach	NOUN
ftr-490	249	5	is	be	AUX
ftr-490	249	6	actually	actually	ADV
ftr-490	249	7	a	a	DET
ftr-490	249	8	bit	bit	NOUN
ftr-490	249	9	broader	broad	ADJ
ftr-490	249	10	than	than	ADP
ftr-490	249	11	the	the	DET
ftr-490	249	12	bifurcated	bifurcated	ADJ
ftr-490	249	13	approach	approach	NOUN
ftr-490	249	14	taken	take	VERB
ftr-490	249	15	in	in	ADP
ftr-490	249	16	the	the	DET
ftr-490	249	17	regulations	regulation	NOUN
ftr-490	249	18	for	for	ADP
ftr-490	249	19	recourse	recourse	NOUN
ftr-490	249	20	debt	debt	NOUN
ftr-490	249	21	.	.	PUNCT
ftr-490	250	1	barnett	barnett	PROPN
ftr-490	250	2	's	's	PART
ftr-490	250	3	bifurcated	bifurcated	ADJ
ftr-490	250	4	approach	approach	NOUN
ftr-490	250	5	,	,	PUNCT
ftr-490	250	6	under	under	ADP
ftr-490	250	7	which	which	PRON
ftr-490	250	8	the	the	DET
ftr-490	250	9	tax	tax	NOUN
ftr-490	250	10	consequences	consequence	NOUN
ftr-490	250	11	of	of	ADP
ftr-490	250	12	the	the	DET
ftr-490	250	13	liability	liability	NOUN
ftr-490	250	14	are	be	AUX
ftr-490	250	15	analyzed	analyze	VERB
ftr-490	250	16	separately	separately	ADV
ftr-490	250	17	from	from	ADP
ftr-490	250	18	the	the	DET
ftr-490	250	19	tax	tax	NOUN
ftr-490	250	20	consequences	consequence	NOUN
ftr-490	250	21	of	of	ADP
ftr-490	250	22	the	the	DET
ftr-490	250	23	property	property	NOUN
ftr-490	250	24	transfer	transfer	NOUN
ftr-490	250	25	,	,	PUNCT
ftr-490	250	26	would	would	AUX
ftr-490	250	27	apply	apply	VERB
ftr-490	250	28	in	in	ADP
ftr-490	250	29	all	all	DET
ftr-490	250	30	cases	case	NOUN
ftr-490	250	31	,	,	PUNCT
ftr-490	250	32	even	even	ADV
ftr-490	250	33	in	in	ADP
ftr-490	250	34	cases	case	NOUN
ftr-490	250	35	unlike	unlike	ADP
ftr-490	250	36	tufts	tuft	NOUN
ftr-490	250	37	in	in	ADP
ftr-490	250	38	which	which	PRON
ftr-490	250	39	the	the	DET
ftr-490	250	40	fair	fair	ADJ
ftr-490	250	41	market	market	NOUN
ftr-490	250	42	value	value	NOUN
ftr-490	250	43	of	of	ADP
ftr-490	250	44	the	the	DET
ftr-490	250	45	property	property	NOUN
ftr-490	250	46	transferred	transfer	VERB
ftr-490	250	47	exceeds	exceed	VERB
ftr-490	250	48	the	the	DET
ftr-490	250	49	extinguished	extinguished	ADJ
ftr-490	250	50	liability	liability	NOUN
ftr-490	250	51	.	.	PUNCT
ftr-490	251	1	the	the	DET
ftr-490	251	2	bifurcated	bifurcated	ADJ
ftr-490	251	3	approach	approach	NOUN
ftr-490	251	4	for	for	ADP
ftr-490	251	5	recourse	recourse	NOUN
ftr-490	251	6	debt	debt	NOUN
ftr-490	251	7	described	describe	VERB
ftr-490	251	8	in	in	ADP
ftr-490	251	9	the	the	DET
ftr-490	251	10	regulations	regulation	NOUN
ftr-490	251	11	,	,	PUNCT
ftr-490	251	12	in	in	ADP
ftr-490	251	13	contrast	contrast	NOUN
ftr-490	251	14	,	,	PUNCT
ftr-490	251	15	applies	apply	VERB
ftr-490	251	16	only	only	ADV
ftr-490	251	17	in	in	ADP
ftr-490	251	18	those	those	DET
ftr-490	251	19	cases	case	NOUN
ftr-490	251	20	in	in	ADP
ftr-490	251	21	which	which	PRON
ftr-490	251	22	the	the	DET
ftr-490	251	23	fair	fair	ADJ
ftr-490	251	24	market	market	NOUN
ftr-490	251	25	value	value	NOUN
ftr-490	251	26	of	of	ADP
ftr-490	251	27	the	the	DET
ftr-490	251	28	property	property	NOUN
ftr-490	251	29	transferred	transfer	VERB
ftr-490	251	30	is	be	AUX
ftr-490	251	31	less	less	ADJ
ftr-490	251	32	than	than	ADP
ftr-490	251	33	the	the	DET
ftr-490	251	34	extinguished	extinguished	ADJ
ftr-490	251	35	debt	debt	NOUN
ftr-490	251	36	,	,	PUNCT
ftr-490	251	37	for	for	ADP
ftr-490	251	38	only	only	ADV
ftr-490	251	39	in	in	ADP
ftr-490	251	40	those	those	DET
ftr-490	251	41	cases	case	NOUN
ftr-490	251	42	is	be	AUX
ftr-490	251	43	there	there	PRON
ftr-490	251	44	a	a	DET
ftr-490	251	45	tension	tension	NOUN
ftr-490	251	46	between	between	ADP
ftr-490	251	47	cod	cod	NOUN
ftr-490	251	48	income	income	NOUN
ftr-490	251	49	under	under	ADP
ftr-490	251	50	section	section	NOUN
ftr-490	251	51	61(a)(12	61(a)(12	NUM
ftr-490	251	52	)	)	PUNCT
ftr-490	251	53	and	and	CCONJ
ftr-490	251	54	gain	gain	VERB
ftr-490	251	55	under	under	ADP
ftr-490	251	56	section	section	NOUN
ftr-490	251	57	1001	1001	NUM
ftr-490	251	58	.	.	PUNCT
ftr-490	252	1	professor	professor	NOUN
ftr-490	252	2	cunningham	cunningham	PROPN
ftr-490	252	3	describes	describe	VERB
ftr-490	252	4	the	the	DET
ftr-490	252	5	broader	broad	ADJ
ftr-490	252	6	approach	approach	NOUN
ftr-490	252	7	with	with	ADP
ftr-490	252	8	the	the	DET
ftr-490	252	9	following	follow	VERB
ftr-490	252	10	example	example	NOUN
ftr-490	252	11	.	.	PUNCT
ftr-490	253	1	assume	assume	VERB
ftr-490	253	2	,	,	PUNCT
ftr-490	253	3	for	for	ADP
ftr-490	253	4	example	example	NOUN
ftr-490	253	5	,	,	PUNCT
ftr-490	253	6	that	that	SCONJ
ftr-490	253	7	the	the	DET
ftr-490	253	8	unpaid	unpaid	ADJ
ftr-490	253	9	balance	balance	NOUN
ftr-490	253	10	of	of	ADP
ftr-490	253	11	the	the	DET
ftr-490	253	12	debt	debt	NOUN
ftr-490	253	13	is	be	AUX
ftr-490	253	14	$	$	SYM
ftr-490	253	15	100	100	NUM
ftr-490	253	16	and	and	CCONJ
ftr-490	253	17	that	that	SCONJ
ftr-490	253	18	the	the	DET
ftr-490	253	19	property	property	NOUN
ftr-490	253	20	transferred	transfer	VERB
ftr-490	253	21	in	in	ADP
ftr-490	253	22	payment	payment	NOUN
ftr-490	253	23	of	of	ADP
ftr-490	253	24	the	the	DET
ftr-490	253	25	debt	debt	NOUN
ftr-490	253	26	has	have	VERB
ftr-490	253	27	a	a	DET
ftr-490	253	28	fair	fair	ADJ
ftr-490	253	29	market	market	NOUN
ftr-490	253	30	value	value	NOUN
ftr-490	253	31	and	and	CCONJ
ftr-490	253	32	an	an	DET
ftr-490	253	33	adjusted	adjusted	ADJ
ftr-490	253	34	basis	basis	NOUN
ftr-490	253	35	of	of	ADP
ftr-490	253	36	$	$	SYM
ftr-490	253	37	110	110	NUM
ftr-490	253	38	.	.	PUNCT
ftr-490	254	1	under	under	ADP
ftr-490	254	2	the	the	DET
ftr-490	254	3	tufts	tuft	NOUN
ftr-490	254	4	analysis	analysis	NOUN
ftr-490	254	5	,	,	PUNCT
ftr-490	254	6	the	the	DET
ftr-490	254	7	transaction	transaction	NOUN
ftr-490	254	8	would	would	AUX
ftr-490	254	9	produce	produce	VERB
ftr-490	254	10	asset	asset	NOUN
ftr-490	254	11	loss	loss	NOUN
ftr-490	254	12	of	of	ADP
ftr-490	254	13	$	$	SYM
ftr-490	254	14	10	10	NUM
ftr-490	254	15	(	(	PUNCT
ftr-490	254	16	the	the	DET
ftr-490	254	17	$	$	SYM
ftr-490	254	18	110	110	NUM
ftr-490	254	19	adjusted	adjust	VERB
ftr-490	254	20	basis	basis	NOUN
ftr-490	254	21	of	of	ADP
ftr-490	254	22	the	the	DET
ftr-490	254	23	transferred	transfer	VERB
ftr-490	254	24	property	property	NOUN
ftr-490	254	25	less	less	ADJ
ftr-490	254	26	the	the	DET
ftr-490	254	27	$	$	SYM
ftr-490	254	28	100	100	NUM
ftr-490	254	29	amount	amount	NOUN
ftr-490	254	30	realized	realize	VERB
ftr-490	254	31	from	from	ADP
ftr-490	254	32	the	the	DET
ftr-490	254	33	discharged	discharge	VERB
ftr-490	254	34	debt	debt	NOUN
ftr-490	254	35	)	)	PUNCT
ftr-490	254	36	.	.	PUNCT
ftr-490	255	1	that	that	DET
ftr-490	255	2	loss	loss	NOUN
ftr-490	255	3	would	would	AUX
ftr-490	255	4	be	be	AUX
ftr-490	255	5	taxable	taxable	ADJ
ftr-490	255	6	under	under	ADP
ftr-490	255	7	the	the	DET
ftr-490	255	8	gain	gain	NOUN
ftr-490	255	9	-	-	PUNCT
ftr-490	255	10	from	from	ADP
ftr-490	255	11	-	-	PUNCT
ftr-490	255	12	sale	sale	NOUN
ftr-490	255	13	rules	rule	NOUN
ftr-490	255	14	and	and	CCONJ
ftr-490	255	15	thus	thus	ADV
ftr-490	255	16	might	might	AUX
ftr-490	255	17	be	be	AUX
ftr-490	255	18	subject	subject	ADJ
ftr-490	255	19	to	to	ADP
ftr-490	255	20	the	the	DET
ftr-490	255	21	capital	capital	NOUN
ftr-490	255	22	loss	loss	NOUN
ftr-490	255	23	limitations	limitation	NOUN
ftr-490	255	24	.	.	PUNCT
ftr-490	256	1	similarly	similarly	ADV
ftr-490	256	2	,	,	PUNCT
ftr-490	256	3	the	the	DET
ftr-490	256	4	two	two	NUM
ftr-490	256	5	-	-	PUNCT
ftr-490	256	6	step	step	NOUN
ftr-490	256	7	analysis	analysis	NOUN
ftr-490	256	8	also	also	ADV
ftr-490	256	9	would	would	AUX
ftr-490	256	10	produce	produce	VERB
ftr-490	256	11	a	a	DET
ftr-490	256	12	net	net	ADJ
ftr-490	256	13	loss	loss	NOUN
ftr-490	256	14	of	of	ADP
ftr-490	256	15	$	$	SYM
ftr-490	256	16	10	10	NUM
ftr-490	256	17	:	:	PUNCT
ftr-490	256	18	(	(	PUNCT
ftr-490	256	19	1	1	X
ftr-490	256	20	)	)	PUNCT
ftr-490	256	21	a	a	DET
ftr-490	256	22	liability	liability	NOUN
ftr-490	256	23	loss	loss	NOUN
ftr-490	256	24	of	of	ADP
ftr-490	256	25	$	$	SYM
ftr-490	256	26	10	10	NUM
ftr-490	256	27	(	(	PUNCT
ftr-490	256	28	the	the	DET
ftr-490	256	29	$	$	SYM
ftr-490	256	30	100	100	NUM
ftr-490	256	31	debt	debt	NOUN
ftr-490	256	32	discharged	discharge	VERB
ftr-490	256	33	less	less	ADJ
ftr-490	256	34	the	the	DET
ftr-490	256	35	$	$	SYM
ftr-490	256	36	110	110	NUM
ftr-490	256	37	paid	pay	VERB
ftr-490	256	38	therefor	therefor	ADV
ftr-490	256	39	)	)	PUNCT
ftr-490	256	40	and	and	CCONJ
ftr-490	256	41	(	(	PUNCT
ftr-490	256	42	2	2	X
ftr-490	256	43	)	)	PUNCT
ftr-490	256	44	an	an	DET
ftr-490	256	45	asset	asset	NOUN
ftr-490	256	46	gain	gain	NOUN
ftr-490	256	47	of	of	ADP
ftr-490	256	48	0	0	NUM
ftr-490	256	49	(	(	PUNCT
ftr-490	256	50	the	the	DET
ftr-490	256	51	$	$	SYM
ftr-490	256	52	110	110	NUM
ftr-490	256	53	value	value	NOUN
ftr-490	256	54	of	of	ADP
ftr-490	256	55	the	the	DET
ftr-490	256	56	transferred	transfer	VERB
ftr-490	256	57	property	property	NOUN
ftr-490	256	58	less	less	ADJ
ftr-490	256	59	the	the	DET
ftr-490	256	60	$	$	SYM
ftr-490	256	61	110	110	NUM
ftr-490	256	62	adjusted	adjust	VERB
ftr-490	256	63	basis	basis	NOUN
ftr-490	256	64	of	of	ADP
ftr-490	256	65	such	such	ADJ
ftr-490	256	66	property	property	NOUN
ftr-490	256	67	)	)	PUNCT
ftr-490	256	68	.	.	PUNCT
ftr-490	257	1	however	however	ADV
ftr-490	257	2	,	,	PUNCT
ftr-490	257	3	the	the	DET
ftr-490	257	4	$	$	SYM
ftr-490	257	5	10	10	NUM
ftr-490	257	6	liability	liability	NOUN
ftr-490	257	7	loss	loss	NOUN
ftr-490	257	8	would	would	AUX
ftr-490	257	9	be	be	AUX
ftr-490	257	10	taxable	taxable	ADJ
ftr-490	257	11	under	under	ADP
ftr-490	257	12	the	the	DET
ftr-490	257	13	debtrelief	debtrelief	NOUN
ftr-490	257	14	rules	rule	NOUN
ftr-490	257	15	and	and	CCONJ
ftr-490	257	16	hence	hence	ADV
ftr-490	257	17	would	would	AUX
ftr-490	257	18	be	be	AUX
ftr-490	257	19	deductible	deductible	ADJ
ftr-490	257	20	in	in	ADP
ftr-490	257	21	full	full	ADJ
ftr-490	257	22	against	against	ADP
ftr-490	257	23	ordinary	ordinary	ADJ
ftr-490	257	24	income	income	NOUN
ftr-490	257	25	as	as	ADP
ftr-490	257	26	a	a	DET
ftr-490	257	27	premium	premium	NOUN
ftr-490	257	28	paid	pay	VERB
ftr-490	257	29	in	in	ADP
ftr-490	257	30	discharge	discharge	NOUN
ftr-490	257	31	of	of	ADP
ftr-490	257	32	the	the	DET
ftr-490	257	33	debt	debt	NOUN
ftr-490	257	34	.	.	PUNCT
ftr-490	258	1	cunningham	cunningham	PROPN
ftr-490	258	2	i	i	PROPN
ftr-490	258	3	,	,	PUNCT
ftr-490	258	4	supra	supra	PROPN
ftr-490	258	5	note	note	PROPN
ftr-490	258	6	14	14	NUM
ftr-490	258	7	,	,	PUNCT
ftr-490	258	8	at	at	ADP
ftr-490	258	9	585	585	NUM
ftr-490	258	10	-	-	SYM
ftr-490	258	11	86	86	NUM
ftr-490	258	12	(	(	PUNCT
ftr-490	258	13	footnote	footnote	NOUN
ftr-490	258	14	omitted	omit	VERB
ftr-490	258	15	)	)	PUNCT
ftr-490	258	16	.	.	PUNCT
ftr-490	259	1	she	she	PRON
ftr-490	259	2	notes	note	VERB
ftr-490	259	3	that	that	SCONJ
ftr-490	259	4	this	this	DET
ftr-490	259	5	scenario	scenario	NOUN
ftr-490	259	6	might	might	AUX
ftr-490	259	7	occur	occur	VERB
ftr-490	259	8	when	when	SCONJ
ftr-490	259	9	foreign	foreign	ADJ
ftr-490	259	10	-	-	PUNCT
ftr-490	259	11	currency	currency	NOUN
ftr-490	259	12	-	-	PUNCT
ftr-490	259	13	denominated	denominate	VERB
ftr-490	259	14	debt	debt	NOUN
ftr-490	259	15	is	be	AUX
ftr-490	259	16	repaid	repay	VERB
ftr-490	259	17	with	with	ADP
ftr-490	259	18	foreign	foreign	ADJ
ftr-490	259	19	currency	currency	NOUN
ftr-490	259	20	that	that	PRON
ftr-490	259	21	has	have	AUX
ftr-490	259	22	appreciated	appreciate	VERB
ftr-490	259	23	against	against	ADP
ftr-490	259	24	the	the	DET
ftr-490	259	25	dollar	dollar	NOUN
ftr-490	259	26	.	.	PUNCT
ftr-490	260	1	at	at	ADP
ftr-490	260	2	the	the	DET
ftr-490	260	3	time	time	NOUN
ftr-490	260	4	she	she	PRON
ftr-490	260	5	wrote	write	VERB
ftr-490	260	6	the	the	DET
ftr-490	260	7	article	article	NOUN
ftr-490	260	8	,	,	PUNCT
ftr-490	260	9	the	the	DET
ftr-490	260	10	code	code	NOUN
ftr-490	260	11	was	be	AUX
ftr-490	260	12	silent	silent	ADJ
ftr-490	260	13	regarding	regard	VERB
ftr-490	260	14	the	the	DET
ftr-490	260	15	proper	proper	ADJ
ftr-490	260	16	taxation	taxation	NOUN
ftr-490	260	17	of	of	ADP
ftr-490	260	18	such	such	ADJ
ftr-490	260	19	transactions	transaction	NOUN
ftr-490	260	20	.	.	PUNCT
ftr-490	261	1	the	the	DET
ftr-490	261	2	tax	tax	NOUN
ftr-490	261	3	reform	reform	PROPN
ftr-490	261	4	act	act	NOUN
ftr-490	261	5	of	of	ADP
ftr-490	261	6	1986	1986	NUM
ftr-490	261	7	enacted	enact	VERB
ftr-490	261	8	section	section	NOUN
ftr-490	261	9	988	988	NUM
ftr-490	261	10	of	of	ADP
ftr-490	261	11	the	the	DET
ftr-490	261	12	code	code	NOUN
ftr-490	261	13	,	,	PUNCT
ftr-490	261	14	entitled	entitle	VERB
ftr-490	261	15	"	"	PUNCT
ftr-490	261	16	treatment	treatment	NOUN
ftr-490	261	17	of	of	ADP
ftr-490	261	18	certain	certain	ADJ
ftr-490	261	19	foreign	foreign	ADJ
ftr-490	261	20	currency	currency	NOUN
ftr-490	261	21	transactions	transaction	NOUN
ftr-490	261	22	,	,	PUNCT
ftr-490	261	23	"	"	PUNCT
ftr-490	261	24	which	which	PRON
ftr-490	261	25	essentially	essentially	ADV
ftr-490	261	26	accomplishes	accomplish	VERB
ftr-490	261	27	the	the	DET
ftr-490	261	28	result	result	NOUN
ftr-490	261	29	she	she	PRON
ftr-490	261	30	describes	describe	VERB
ftr-490	261	31	in	in	ADP
ftr-490	261	32	her	her	PRON
ftr-490	261	33	example	example	NOUN
ftr-490	261	34	.	.	PUNCT
ftr-490	262	1	outside	outside	ADP
ftr-490	262	2	of	of	ADP
ftr-490	262	3	foreign	foreign	ADJ
ftr-490	262	4	-	-	PUNCT
ftr-490	262	5	currency	currency	NOUN
ftr-490	262	6	transactions	transaction	NOUN
ftr-490	262	7	(	(	PUNCT
ftr-490	262	8	now	now	ADV
ftr-490	262	9	addressed	address	VERB
ftr-490	262	10	by	by	ADP
ftr-490	262	11	statute	statute	PROPN
ftr-490	262	12	)	)	PUNCT
ftr-490	262	13	,	,	PUNCT
ftr-490	262	14	the	the	DET
ftr-490	262	15	facts	fact	NOUN
ftr-490	262	16	of	of	ADP
ftr-490	262	17	professor	professor	NOUN
ftr-490	262	18	cunningham	cunningham	PROPN
ftr-490	262	19	's	's	PART
ftr-490	262	20	example	example	NOUN
ftr-490	262	21	(	(	PUNCT
ftr-490	262	22	a	a	DET
ftr-490	262	23	transfer	transfer	NOUN
ftr-490	262	24	of	of	ADP
ftr-490	262	25	property	property	NOUN
ftr-490	262	26	with	with	ADP
ftr-490	262	27	a	a	DET
ftr-490	262	28	fair	fair	ADJ
ftr-490	262	29	market	market	NOUN
ftr-490	262	30	value	value	NOUN
ftr-490	262	31	exceeding	exceed	VERB
ftr-490	262	32	the	the	DET
ftr-490	262	33	debt	debt	NOUN
ftr-490	262	34	settled	settle	VERB
ftr-490	262	35	on	on	ADP
ftr-490	262	36	the	the	DET
ftr-490	262	37	transfer	transfer	NOUN
ftr-490	262	38	)	)	PUNCT
ftr-490	262	39	would	would	AUX
ftr-490	262	40	not	not	PART
ftr-490	262	41	seem	seem	VERB
ftr-490	262	42	to	to	PART
ftr-490	262	43	be	be	AUX
ftr-490	262	44	very	very	ADV
ftr-490	262	45	common	common	ADJ
ftr-490	262	46	.	.	PUNCT
ftr-490	263	1	most	most	ADJ
ftr-490	263	2	taxpayers	taxpayer	NOUN
ftr-490	263	3	would	would	AUX
ftr-490	263	4	,	,	PUNCT
ftr-490	263	5	it	it	PRON
ftr-490	263	6	seems	seem	VERB
ftr-490	263	7	,	,	PUNCT
ftr-490	263	8	sell	sell	VERB
ftr-490	263	9	the	the	DET
ftr-490	263	10	property	property	NOUN
ftr-490	263	11	first	first	ADV
ftr-490	263	12	,	,	PUNCT
ftr-490	263	13	settle	settle	VERB
ftr-490	263	14	the	the	DET
ftr-490	263	15	debt	debt	NOUN
ftr-490	263	16	in	in	ADP
ftr-490	263	17	cash	cash	NOUN
ftr-490	263	18	,	,	PUNCT
ftr-490	263	19	and	and	CCONJ
ftr-490	263	20	keep	keep	VERB
ftr-490	263	21	the	the	DET
ftr-490	263	22	excess	excess	ADJ
ftr-490	263	23	cash	cash	NOUN
ftr-490	263	24	.	.	PUNCT
ftr-490	264	1	the	the	DET
ftr-490	264	2	tension	tension	NOUN
ftr-490	264	3	that	that	PRON
ftr-490	264	4	exists	exist	VERB
ftr-490	264	5	between	between	ADP
ftr-490	264	6	the	the	DET
ftr-490	264	7	creation	creation	NOUN
ftr-490	264	8	of	of	ADP
ftr-490	264	9	cod	cod	NOUN
ftr-490	264	10	income	income	NOUN
ftr-490	264	11	under	under	ADP
ftr-490	264	12	section	section	NOUN
ftr-490	264	13	61(a)(12	61(a)(12	NUM
ftr-490	264	14	)	)	PUNCT
ftr-490	264	15	and	and	CCONJ
ftr-490	264	16	the	the	DET
ftr-490	264	17	creation	creation	NOUN
ftr-490	264	18	of	of	ADP
ftr-490	264	19	gain	gain	NOUN
ftr-490	264	20	under	under	ADP
ftr-490	264	21	section	section	NOUN
ftr-490	264	22	1001	1001	NUM
ftr-490	264	23	because	because	SCONJ
ftr-490	264	24	the	the	DET
ftr-490	264	25	discharged	discharge	VERB
ftr-490	264	26	debt	debt	NOUN
ftr-490	264	27	exceeds	exceed	VERB
ftr-490	264	28	the	the	DET
ftr-490	264	29	fair	fair	ADJ
ftr-490	264	30	market	market	NOUN
ftr-490	264	31	value	value	NOUN
ftr-490	264	32	of	of	ADP
ftr-490	264	33	the	the	DET
ftr-490	264	34	property	property	NOUN
ftr-490	264	35	transferred	transfer	VERB
ftr-490	264	36	is	be	AUX
ftr-490	264	37	the	the	DET
ftr-490	264	38	more	more	ADV
ftr-490	264	39	significant	significant	ADJ
ftr-490	264	40	one	one	NUM
ftr-490	264	41	in	in	ADP
ftr-490	264	42	the	the	DET
ftr-490	264	43	real	real	ADJ
ftr-490	264	44	world	world	NOUN
ftr-490	264	45	.	.	PUNCT
ftr-490	265	1	while	while	SCONJ
ftr-490	265	2	adoption	adoption	NOUN
ftr-490	265	3	of	of	ADP
ftr-490	265	4	the	the	DET
ftr-490	265	5	[	[	X
ftr-490	265	6	vol	vol	NOUN
ftr-490	265	7	1:3	1:3	NUM
ftr-490	265	8	tufts	tuft	NOUN
ftr-490	265	9	and	and	CCONJ
ftr-490	265	10	the	the	DET
ftr-490	265	11	evolution	evolution	NOUN
ftr-490	265	12	of	of	ADP
ftr-490	265	13	debt	debt	NOUN
ftr-490	265	14	-	-	PUNCT
ftr-490	265	15	discharge	discharge	NOUN
ftr-490	265	16	theory	theory	NOUN
ftr-490	265	17	for	for	ADP
ftr-490	265	18	its	its	PRON
ftr-490	265	19	$	$	SYM
ftr-490	265	20	1,400,000	1,400,000	NUM
ftr-490	265	21	fair	fair	ADJ
ftr-490	265	22	market	market	NOUN
ftr-490	265	23	value	value	NOUN
ftr-490	265	24	.	.	PUNCT
ftr-490	266	1	that	that	DET
ftr-490	266	2	sale	sale	NOUN
ftr-490	266	3	would	would	AUX
ftr-490	266	4	produce	produce	VERB
ftr-490	266	5	a	a	DET
ftr-490	266	6	loss	loss	NOUN
ftr-490	266	7	of	of	ADP
ftr-490	266	8	$	$	SYM
ftr-490	266	9	50,000	50,000	NUM
ftr-490	266	10	under	under	ADP
ftr-490	266	11	section	section	NOUN
ftr-490	266	12	1001	1001	NUM
ftr-490	266	13	for	for	ADP
ftr-490	266	14	tufts	tuft	NOUN
ftr-490	266	15	.	.	PUNCT
ftr-490	267	1	the	the	DET
ftr-490	267	2	sale	sale	NOUN
ftr-490	267	3	proceeds	proceed	NOUN
ftr-490	267	4	would	would	AUX
ftr-490	267	5	then	then	ADV
ftr-490	267	6	be	be	AUX
ftr-490	267	7	considered	consider	VERB
ftr-490	267	8	used	use	VERB
ftr-490	267	9	to	to	PART
ftr-490	267	10	extinguish	extinguish	VERB
ftr-490	267	11	tufts	tuft	NOUN
ftr-490	267	12	's	's	PART
ftr-490	267	13	liability	liability	NOUN
ftr-490	267	14	with	with	ADP
ftr-490	267	15	respect	respect	NOUN
ftr-490	267	16	to	to	ADP
ftr-490	267	17	the	the	DET
ftr-490	267	18	indebtedness	indebtedness	NOUN
ftr-490	267	19	.	.	PUNCT
ftr-490	268	1	because	because	SCONJ
ftr-490	268	2	a	a	DET
ftr-490	268	3	$	$	SYM
ftr-490	268	4	1,850,000	1,850,000	NUM
ftr-490	268	5	debt	debt	NOUN
ftr-490	268	6	would	would	AUX
ftr-490	268	7	be	be	AUX
ftr-490	268	8	considered	consider	VERB
ftr-490	268	9	extinguished	extinguish	VERB
ftr-490	268	10	for	for	ADP
ftr-490	268	11	$	$	SYM
ftr-490	268	12	1,400,000	1,400,000	NUM
ftr-490	268	13	,	,	PUNCT
ftr-490	268	14	tufts	tuft	NOUN
ftr-490	268	15	would	would	AUX
ftr-490	268	16	realize	realize	VERB
ftr-490	268	17	$	$	SYM
ftr-490	268	18	450,000	450,000	NUM
ftr-490	268	19	of	of	ADP
ftr-490	268	20	cod	cod	NOUN
ftr-490	268	21	income	income	NOUN
ftr-490	268	22	.	.	PUNCT
ftr-490	269	1	while	while	SCONJ
ftr-490	269	2	the	the	DET
ftr-490	269	3	net	net	ADJ
ftr-490	269	4	amount	amount	NOUN
ftr-490	269	5	of	of	ADP
ftr-490	269	6	income	income	NOUN
ftr-490	269	7	happens	happen	VERB
ftr-490	269	8	to	to	PART
ftr-490	269	9	be	be	AUX
ftr-490	269	10	the	the	DET
ftr-490	269	11	same	same	ADJ
ftr-490	269	12	on	on	ADP
ftr-490	269	13	these	these	DET
ftr-490	269	14	particular	particular	ADJ
ftr-490	269	15	facts	fact	NOUN
ftr-490	269	16	under	under	ADP
ftr-490	269	17	the	the	DET
ftr-490	269	18	bifurcated	bifurcated	ADJ
ftr-490	269	19	approach	approach	NOUN
ftr-490	269	20	as	as	ADP
ftr-490	269	21	under	under	ADP
ftr-490	269	22	the	the	DET
ftr-490	269	23	collapsed	collapsed	ADJ
ftr-490	269	24	approach-$400,000	approach-$400,000	PUNCT
ftr-490	269	25	net	net	ADJ
ftr-490	269	26	positive	positive	ADJ
ftr-490	269	27	amount	amount	NOUN
ftr-490	269	28	-	-	PUNCT
ftr-490	269	29	the	the	DET
ftr-490	269	30	character	character	NOUN
ftr-490	269	31	of	of	ADP
ftr-490	269	32	the	the	DET
ftr-490	269	33	income	income	NOUN
ftr-490	269	34	may	may	AUX
ftr-490	269	35	well	well	ADV
ftr-490	269	36	be	be	AUX
ftr-490	269	37	different	different	ADJ
ftr-490	269	38	,	,	PUNCT
ftr-490	269	39	and	and	CCONJ
ftr-490	269	40	that	that	PRON
ftr-490	269	41	was	be	AUX
ftr-490	269	42	the	the	DET
ftr-490	269	43	point	point	NOUN
ftr-490	269	44	stressed	stress	VERB
ftr-490	269	45	by	by	ADP
ftr-490	269	46	professor	professor	NOUN
ftr-490	269	47	barnett	barnett	PROPN
ftr-490	269	48	.	.	PUNCT
ftr-490	270	1	-5	-5	PUNCT
ftr-490	270	2	cod	cod	NOUN
ftr-490	270	3	income	income	NOUN
ftr-490	270	4	is	be	AUX
ftr-490	270	5	ordinary	ordinary	ADJ
ftr-490	270	6	and	and	CCONJ
ftr-490	270	7	potentially	potentially	ADV
ftr-490	270	8	deferrable	deferrable	ADJ
ftr-490	270	9	under	under	ADP
ftr-490	270	10	section	section	NOUN
ftr-490	270	11	108	108	NUM
ftr-490	270	12	while	while	SCONJ
ftr-490	270	13	gain	gain	NOUN
ftr-490	270	14	from	from	ADP
ftr-490	270	15	the	the	DET
ftr-490	270	16	sale	sale	NOUN
ftr-490	270	17	of	of	ADP
ftr-490	270	18	an	an	DET
ftr-490	270	19	asset	asset	NOUN
ftr-490	270	20	is	be	AUX
ftr-490	270	21	most	most	ADV
ftr-490	270	22	likely	likely	ADJ
ftr-490	270	23	capital	capital	NOUN
ftr-490	270	24	,	,	PUNCT
ftr-490	270	25	at	at	ADP
ftr-490	270	26	least	least	ADJ
ftr-490	270	27	in	in	ADP
ftr-490	270	28	part,3	part,3	NOUN
ftr-490	270	29	'	'	PUNCT
ftr-490	270	30	and	and	CCONJ
ftr-490	270	31	not	not	PART
ftr-490	270	32	deferrable	deferrable	ADJ
ftr-490	270	33	.	.	PUNCT
ftr-490	271	1	in	in	ADP
ftr-490	271	2	view	view	NOUN
ftr-490	271	3	of	of	ADP
ftr-490	271	4	the	the	DET
ftr-490	271	5	limitation	limitation	NOUN
ftr-490	271	6	on	on	ADP
ftr-490	271	7	the	the	DET
ftr-490	271	8	deductibility	deductibility	NOUN
ftr-490	271	9	of	of	ADP
ftr-490	271	10	capital	capital	NOUN
ftr-490	271	11	losses	loss	NOUN
ftr-490	271	12	'	'	PUNCT
ftr-490	271	13	and	and	CCONJ
ftr-490	271	14	the	the	DET
ftr-490	271	15	historical	historical	ADJ
ftr-490	271	16	preference	preference	NOUN
ftr-490	271	17	given	give	VERB
ftr-490	271	18	net	net	ADJ
ftr-490	271	19	capital	capital	NOUN
ftr-490	271	20	gain	gain	NOUN
ftr-490	271	21	at	at	ADP
ftr-490	271	22	that	that	DET
ftr-490	271	23	time	time	NOUN
ftr-490	271	24	,	,	PUNCT
ftr-490	271	25	why	why	SCONJ
ftr-490	271	26	did	do	AUX
ftr-490	271	27	the	the	DET
ftr-490	271	28	service	service	NOUN
ftr-490	271	29	argue	argue	VERB
ftr-490	271	30	for	for	ADP
ftr-490	271	31	$	$	SYM
ftr-490	271	32	400,000	400,000	NUM
ftr-490	271	33	gain	gain	NOUN
ftr-490	271	34	instead	instead	ADV
ftr-490	271	35	of	of	ADP
ftr-490	271	36	$	$	SYM
ftr-490	271	37	450,000	450,000	NUM
ftr-490	271	38	ordinary	ordinary	ADJ
ftr-490	271	39	income	income	NOUN
ftr-490	271	40	coupled	couple	VERB
ftr-490	271	41	with	with	ADP
ftr-490	271	42	a	a	DET
ftr-490	271	43	$	$	SYM
ftr-490	271	44	50,000	50,000	NUM
ftr-490	271	45	capital	capital	NOUN
ftr-490	271	46	loss	loss	NOUN
ftr-490	271	47	?	?	PUNCT
ftr-490	272	1	would	would	AUX
ftr-490	272	2	not	not	PART
ftr-490	272	3	the	the	DET
ftr-490	272	4	latter	latter	ADJ
ftr-490	272	5	bring	bring	VERB
ftr-490	272	6	in	in	ADP
ftr-490	272	7	more	more	ADJ
ftr-490	272	8	dollars	dollar	NOUN
ftr-490	272	9	to	to	ADP
ftr-490	272	10	the	the	DET
ftr-490	272	11	bifurcated	bifurcated	ADJ
ftr-490	272	12	approach	approach	NOUN
ftr-490	272	13	in	in	ADP
ftr-490	272	14	all	all	DET
ftr-490	272	15	transfer	transfer	NOUN
ftr-490	272	16	cases	case	NOUN
ftr-490	272	17	(	(	PUNCT
ftr-490	272	18	i.e.	i.e.	X
ftr-490	272	19	,	,	PUNCT
ftr-490	272	20	even	even	ADV
ftr-490	272	21	to	to	PART
ftr-490	272	22	recourse	recourse	VERB
ftr-490	272	23	debt	debt	NOUN
ftr-490	272	24	cases	case	NOUN
ftr-490	272	25	to	to	PART
ftr-490	272	26	which	which	PRON
ftr-490	272	27	it	it	PRON
ftr-490	272	28	does	do	AUX
ftr-490	272	29	not	not	PART
ftr-490	272	30	apply	apply	VERB
ftr-490	272	31	now	now	ADV
ftr-490	272	32	,	,	PUNCT
ftr-490	272	33	cases	case	NOUN
ftr-490	272	34	in	in	ADP
ftr-490	272	35	which	which	PRON
ftr-490	272	36	the	the	DET
ftr-490	272	37	fair	fair	ADJ
ftr-490	272	38	market	market	NOUN
ftr-490	272	39	value	value	NOUN
ftr-490	272	40	of	of	ADP
ftr-490	272	41	the	the	DET
ftr-490	272	42	property	property	NOUN
ftr-490	272	43	transferred	transfer	VERB
ftr-490	272	44	is	be	AUX
ftr-490	272	45	greater	great	ADJ
ftr-490	272	46	than	than	ADP
ftr-490	272	47	the	the	DET
ftr-490	272	48	discharged	discharge	VERB
ftr-490	272	49	debt	debt	NOUN
ftr-490	272	50	)	)	PUNCT
ftr-490	272	51	,	,	PUNCT
ftr-490	272	52	would	would	AUX
ftr-490	272	53	be	be	AUX
ftr-490	272	54	the	the	DET
ftr-490	272	55	more	more	ADV
ftr-490	272	56	conceptually	conceptually	ADV
ftr-490	272	57	pure	pure	ADJ
ftr-490	272	58	approach	approach	NOUN
ftr-490	272	59	.	.	PUNCT
ftr-490	273	1	the	the	DET
ftr-490	273	2	extension	extension	NOUN
ftr-490	273	3	of	of	ADP
ftr-490	273	4	the	the	DET
ftr-490	273	5	bifurcated	bifurcated	ADJ
ftr-490	273	6	approach	approach	NOUN
ftr-490	273	7	to	to	ADP
ftr-490	273	8	nonrecourse	nonrecourse	NOUN
ftr-490	273	9	debt	debt	NOUN
ftr-490	273	10	in	in	ADP
ftr-490	273	11	the	the	DET
ftr-490	273	12	single	single	ADJ
ftr-490	273	13	context	context	NOUN
ftr-490	273	14	in	in	ADP
ftr-490	273	15	which	which	PRON
ftr-490	273	16	it	it	PRON
ftr-490	273	17	now	now	ADV
ftr-490	273	18	applies	apply	VERB
ftr-490	273	19	to	to	PART
ftr-490	273	20	recourse	recourse	VERB
ftr-490	273	21	debt	debt	NOUN
ftr-490	273	22	(	(	PUNCT
ftr-490	273	23	i.e.	i.e.	X
ftr-490	273	24	,	,	PUNCT
ftr-490	273	25	when	when	SCONJ
ftr-490	273	26	the	the	DET
ftr-490	273	27	fair	fair	ADJ
ftr-490	273	28	market	market	NOUN
ftr-490	273	29	value	value	NOUN
ftr-490	273	30	of	of	ADP
ftr-490	273	31	the	the	DET
ftr-490	273	32	property	property	NOUN
ftr-490	273	33	transferred	transfer	VERB
ftr-490	273	34	is	be	AUX
ftr-490	273	35	less	less	ADJ
ftr-490	273	36	than	than	ADP
ftr-490	273	37	the	the	DET
ftr-490	273	38	discharged	discharge	VERB
ftr-490	273	39	debt	debt	NOUN
ftr-490	273	40	)	)	PUNCT
ftr-490	273	41	would	would	AUX
ftr-490	273	42	alleviate	alleviate	VERB
ftr-490	273	43	the	the	DET
ftr-490	273	44	vast	vast	ADJ
ftr-490	273	45	majority	majority	NOUN
ftr-490	273	46	of	of	ADP
ftr-490	273	47	incongruous	incongruous	ADJ
ftr-490	273	48	results	result	NOUN
ftr-490	273	49	arising	arise	VERB
ftr-490	273	50	under	under	ADP
ftr-490	273	51	current	current	ADJ
ftr-490	273	52	law	law	NOUN
ftr-490	273	53	.	.	PUNCT
ftr-490	274	1	thus	thus	ADV
ftr-490	274	2	,	,	PUNCT
ftr-490	274	3	this	this	DET
ftr-490	274	4	article	article	NOUN
ftr-490	274	5	makes	make	VERB
ftr-490	274	6	that	that	SCONJ
ftr-490	274	7	more	more	ADV
ftr-490	274	8	modest	modest	ADJ
ftr-490	274	9	proposal	proposal	NOUN
ftr-490	274	10	.	.	PUNCT
ftr-490	275	1	if	if	SCONJ
ftr-490	275	2	the	the	DET
ftr-490	275	3	proposal	proposal	NOUN
ftr-490	275	4	advocated	advocate	VERB
ftr-490	275	5	in	in	ADP
ftr-490	275	6	this	this	DET
ftr-490	275	7	article	article	NOUN
ftr-490	275	8	is	be	AUX
ftr-490	275	9	adopted	adopt	VERB
ftr-490	275	10	,	,	PUNCT
ftr-490	275	11	a	a	DET
ftr-490	275	12	transfer	transfer	NOUN
ftr-490	275	13	of	of	ADP
ftr-490	275	14	property	property	NOUN
ftr-490	275	15	with	with	ADP
ftr-490	275	16	an	an	DET
ftr-490	275	17	adjusted	adjusted	ADJ
ftr-490	275	18	basis	basis	NOUN
ftr-490	275	19	and	and	CCONJ
ftr-490	275	20	value	value	NOUN
ftr-490	275	21	of	of	ADP
ftr-490	275	22	si	si	PROPN
ftr-490	275	23	10	10	NUM
ftr-490	275	24	in	in	ADP
ftr-490	275	25	satisfaction	satisfaction	NOUN
ftr-490	275	26	of	of	ADP
ftr-490	275	27	a	a	DET
ftr-490	275	28	$	$	SYM
ftr-490	275	29	100	100	NUM
ftr-490	275	30	debt	debt	NOUN
ftr-490	275	31	would	would	AUX
ftr-490	275	32	continue	continue	VERB
ftr-490	275	33	to	to	PART
ftr-490	275	34	produce	produce	VERB
ftr-490	275	35	a	a	DET
ftr-490	275	36	$	$	SYM
ftr-490	275	37	10	10	NUM
ftr-490	275	38	loss	loss	NOUN
ftr-490	275	39	under	under	ADP
ftr-490	275	40	section	section	NOUN
ftr-490	275	41	1001	1001	NUM
ftr-490	275	42	,	,	PUNCT
ftr-490	275	43	whether	whether	SCONJ
ftr-490	275	44	the	the	DET
ftr-490	275	45	debt	debt	NOUN
ftr-490	275	46	is	be	AUX
ftr-490	275	47	recourse	recourse	NOUN
ftr-490	275	48	or	or	CCONJ
ftr-490	275	49	nonrecourse	nonrecourse	NOUN
ftr-490	275	50	.	.	PUNCT
ftr-490	276	1	34	34	NUM
ftr-490	276	2	.	.	PUNCT
ftr-490	277	1	see	see	VERB
ftr-490	277	2	supra	supra	PROPN
ftr-490	277	3	notes	note	VERB
ftr-490	277	4	4	4	NUM
ftr-490	277	5	-	-	SYM
ftr-490	277	6	8	8	NUM
ftr-490	277	7	and	and	CCONJ
ftr-490	277	8	accompanying	accompany	VERB
ftr-490	277	9	text	text	NOUN
ftr-490	277	10	(	(	PUNCT
ftr-490	277	11	describing	describe	VERB
ftr-490	277	12	the	the	DET
ftr-490	277	13	bifurcated	bifurcated	ADJ
ftr-490	277	14	approach	approach	NOUN
ftr-490	277	15	)	)	PUNCT
ftr-490	277	16	.	.	PUNCT
ftr-490	278	1	35	35	NUM
ftr-490	278	2	.	.	PUNCT
ftr-490	279	1	in	in	ADP
ftr-490	279	2	his	his	PRON
ftr-490	279	3	brief	brief	ADJ
ftr-490	279	4	professor	professor	NOUN
ftr-490	279	5	barnett	barnett	PROPN
ftr-490	279	6	stated	state	VERB
ftr-490	279	7	:	:	PUNCT
ftr-490	280	1	[	[	X
ftr-490	280	2	c]ontrary	c]ontrary	X
ftr-490	280	3	to	to	ADP
ftr-490	280	4	the	the	DET
ftr-490	280	5	parties	party	NOUN
ftr-490	280	6	'	'	PART
ftr-490	280	7	assumptions	assumption	NOUN
ftr-490	280	8	,	,	PUNCT
ftr-490	280	9	the	the	DET
ftr-490	280	10	resolution	resolution	NOUN
ftr-490	280	11	of	of	ADP
ftr-490	280	12	the	the	DET
ftr-490	280	13	"	"	PUNCT
ftr-490	280	14	amount	amount	NOUN
ftr-490	280	15	realized	realize	VERB
ftr-490	280	16	"	"	PUNCT
ftr-490	280	17	question	question	NOUN
ftr-490	280	18	the	the	DET
ftr-490	280	19	government	government	NOUN
ftr-490	280	20	presents	present	NOUN
ftr-490	280	21	will	will	AUX
ftr-490	280	22	in	in	ADP
ftr-490	280	23	fact	fact	NOUN
ftr-490	280	24	have	have	VERB
ftr-490	280	25	no	no	DET
ftr-490	280	26	effect	effect	NOUN
ftr-490	280	27	whatever	whatever	PRON
ftr-490	280	28	on	on	ADP
ftr-490	280	29	the	the	DET
ftr-490	280	30	total	total	ADJ
ftr-490	280	31	amount	amount	NOUN
ftr-490	280	32	of	of	ADP
ftr-490	280	33	the	the	DET
ftr-490	280	34	gain	gain	NOUN
ftr-490	280	35	that	that	PRON
ftr-490	280	36	...	...	PUNCT
ftr-490	281	1	[	[	X
ftr-490	281	2	tuftsl	tuftsl	NOUN
ftr-490	281	3	must	must	AUX
ftr-490	281	4	be	be	AUX
ftr-490	281	5	held	hold	VERB
ftr-490	281	6	to	to	PART
ftr-490	281	7	have	have	AUX
ftr-490	281	8	realized	realize	VERB
ftr-490	281	9	.	.	PUNCT
ftr-490	282	1	all	all	PRON
ftr-490	282	2	that	that	PRON
ftr-490	282	3	it	it	PRON
ftr-490	282	4	will	will	AUX
ftr-490	282	5	determine	determine	VERB
ftr-490	282	6	,	,	PUNCT
ftr-490	282	7	to	to	ADP
ftr-490	282	8	the	the	DET
ftr-490	282	9	contrary	contrary	NOUN
ftr-490	282	10	,	,	PUNCT
ftr-490	282	11	is	be	AUX
ftr-490	282	12	the	the	DET
ftr-490	282	13	character	character	NOUN
ftr-490	282	14	of	of	ADP
ftr-490	282	15	the	the	DET
ftr-490	282	16	gain	gain	NOUN
ftr-490	282	17	:	:	PUNCT
ftr-490	282	18	how	how	SCONJ
ftr-490	282	19	much	much	ADJ
ftr-490	282	20	is	be	AUX
ftr-490	282	21	to	to	PART
ftr-490	282	22	be	be	AUX
ftr-490	282	23	treated	treat	VERB
ftr-490	282	24	as	as	ADP
ftr-490	282	25	an	an	DET
ftr-490	282	26	asset	asset	NOUN
ftr-490	282	27	gain	gain	NOUN
ftr-490	282	28	(	(	PUNCT
ftr-490	282	29	and	and	CCONJ
ftr-490	282	30	hence	hence	ADV
ftr-490	282	31	as	as	ADP
ftr-490	282	32	a	a	DET
ftr-490	282	33	capital	capital	NOUN
ftr-490	282	34	gain	gain	NOUN
ftr-490	282	35	)	)	PUNCT
ftr-490	282	36	and	and	CCONJ
ftr-490	282	37	how	how	SCONJ
ftr-490	282	38	much	much	ADJ
ftr-490	282	39	as	as	ADP
ftr-490	282	40	a	a	DET
ftr-490	282	41	liability	liability	NOUN
ftr-490	282	42	gain	gain	NOUN
ftr-490	282	43	(	(	PUNCT
ftr-490	282	44	and	and	CCONJ
ftr-490	282	45	hence	hence	ADV
ftr-490	282	46	as	as	SCONJ
ftr-490	282	47	ordinary	ordinary	ADJ
ftr-490	282	48	income	income	NOUN
ftr-490	282	49	potentially	potentially	ADV
ftr-490	282	50	deferrable	deferrable	ADJ
ftr-490	282	51	under	under	ADP
ftr-490	282	52	§	§	PROPN
ftr-490	282	53	108	108	NUM
ftr-490	282	54	)	)	PUNCT
ftr-490	282	55	.	.	PUNCT
ftr-490	283	1	brief	brief	ADJ
ftr-490	283	2	for	for	ADP
ftr-490	283	3	amicus	amicus	NOUN
ftr-490	283	4	curiae	curiae	NOUN
ftr-490	283	5	,	,	PUNCT
ftr-490	283	6	supra	supra	PROPN
ftr-490	283	7	note	note	NOUN
ftr-490	283	8	31	31	NUM
ftr-490	283	9	.	.	PUNCT
ftr-490	284	1	at	at	ADP
ftr-490	284	2	14	14	NUM
ftr-490	284	3	;	;	PUNCT
ftr-490	284	4	see	see	VERB
ftr-490	284	5	cunningham	cunningham	PROPN
ftr-490	284	6	i.	i.	PROPN
ftr-490	284	7	supra	supra	PROPN
ftr-490	284	8	note	note	PROPN
ftr-490	284	9	14	14	NUM
ftr-490	284	10	,	,	PUNCT
ftr-490	284	11	at	at	ADP
ftr-490	284	12	585	585	NUM
ftr-490	284	13	(	(	PUNCT
ftr-490	284	14	"	"	PUNCT
ftr-490	284	15	in	in	ADP
ftr-490	284	16	actuality	actuality	NOUN
ftr-490	284	17	,	,	PUNCT
ftr-490	284	18	the	the	DET
ftr-490	284	19	difference	difference	NOUN
ftr-490	284	20	between	between	ADP
ftr-490	284	21	the	the	DET
ftr-490	284	22	one	one	NUM
ftr-490	284	23	-	-	PUNCT
ftr-490	284	24	step	step	NOUN
ftr-490	284	25	and	and	CCONJ
ftr-490	284	26	the	the	DET
ftr-490	284	27	two	two	NUM
ftr-490	284	28	-	-	PUNCT
ftr-490	284	29	step	step	NOUN
ftr-490	284	30	analyses	analysis	NOUN
ftr-490	284	31	lies	lie	VERB
ftr-490	284	32	not	not	PART
ftr-490	284	33	in	in	ADP
ftr-490	284	34	the	the	DET
ftr-490	284	35	amount	amount	NOUN
ftr-490	284	36	of	of	ADP
ftr-490	284	37	income	income	NOUN
ftr-490	284	38	or	or	CCONJ
ftr-490	284	39	loss	loss	NOUN
ftr-490	284	40	,	,	PUNCT
ftr-490	284	41	but	but	CCONJ
ftr-490	284	42	in	in	ADP
ftr-490	284	43	its	its	PRON
ftr-490	284	44	character	character	NOUN
ftr-490	284	45	.	.	PUNCT
ftr-490	284	46	"	"	PUNCT
ftr-490	284	47	)	)	PUNCT
ftr-490	284	48	.	.	PUNCT
ftr-490	285	1	see	see	VERB
ftr-490	285	2	infra	infra	NOUN
ftr-490	285	3	notes	note	VERB
ftr-490	285	4	191	191	NUM
ftr-490	285	5	-	-	SYM
ftr-490	285	6	98	98	NUM
ftr-490	285	7	and	and	CCONJ
ftr-490	285	8	accompanying	accompany	VERB
ftr-490	285	9	text	text	NOUN
ftr-490	285	10	(	(	PUNCT
ftr-490	285	11	arguing	argue	VERB
ftr-490	285	12	that	that	SCONJ
ftr-490	285	13	the	the	DET
ftr-490	285	14	more	more	ADV
ftr-490	285	15	significant	significant	ADJ
ftr-490	285	16	difference	difference	NOUN
ftr-490	285	17	between	between	ADP
ftr-490	285	18	the	the	DET
ftr-490	285	19	two	two	NUM
ftr-490	285	20	methods	method	NOUN
ftr-490	285	21	is	be	AUX
ftr-490	285	22	the	the	DET
ftr-490	285	23	intolerable	intolerable	ADJ
ftr-490	285	24	inconsistency	inconsistency	NOUN
ftr-490	285	25	in	in	ADP
ftr-490	285	26	the	the	DET
ftr-490	285	27	amount	amount	NOUN
ftr-490	285	28	of	of	ADP
ftr-490	285	29	income	income	NOUN
ftr-490	285	30	taken	take	VERB
ftr-490	285	31	into	into	ADP
ftr-490	285	32	account	account	NOUN
ftr-490	285	33	when	when	SCONJ
ftr-490	285	34	personal	personal	ADJ
ftr-490	285	35	-	-	PUNCT
ftr-490	285	36	use	use	NOUN
ftr-490	285	37	property	property	NOUN
ftr-490	285	38	is	be	AUX
ftr-490	285	39	transferred	transfer	VERB
ftr-490	285	40	in	in	ADP
ftr-490	285	41	satisfaction	satisfaction	NOUN
ftr-490	285	42	of	of	ADP
ftr-490	285	43	the	the	DET
ftr-490	285	44	debt	debt	NOUN
ftr-490	285	45	)	)	PUNCT
ftr-490	285	46	.	.	PUNCT
ftr-490	286	1	36	36	NUM
ftr-490	286	2	.	.	PUNCT
ftr-490	287	1	this	this	DET
ftr-490	287	2	conclusion	conclusion	NOUN
ftr-490	287	3	assumes	assume	VERB
ftr-490	287	4	that	that	SCONJ
ftr-490	287	5	the	the	DET
ftr-490	287	6	asset	asset	NOUN
ftr-490	287	7	is	be	AUX
ftr-490	287	8	either	either	CCONJ
ftr-490	287	9	a	a	DET
ftr-490	287	10	capital	capital	NOUN
ftr-490	287	11	asset	asset	NOUN
ftr-490	287	12	or	or	CCONJ
ftr-490	287	13	a	a	DET
ftr-490	287	14	section	section	NOUN
ftr-490	287	15	1231	1231	NUM
ftr-490	287	16	asset	asset	NOUN
ftr-490	287	17	.	.	PUNCT
ftr-490	288	1	some	some	PRON
ftr-490	288	2	or	or	CCONJ
ftr-490	288	3	all	all	PRON
ftr-490	288	4	of	of	ADP
ftr-490	288	5	tufts	tuft	NOUN
ftr-490	288	6	's	's	PART
ftr-490	288	7	gain	gain	NOUN
ftr-490	288	8	under	under	ADP
ftr-490	288	9	the	the	DET
ftr-490	288	10	majority	majority	NOUN
ftr-490	288	11	's	's	PART
ftr-490	288	12	analysis	analysis	NOUN
ftr-490	288	13	would	would	AUX
ftr-490	288	14	have	have	AUX
ftr-490	288	15	constituted	constitute	VERB
ftr-490	288	16	ordinary	ordinary	ADJ
ftr-490	288	17	income	income	NOUN
ftr-490	288	18	in	in	ADP
ftr-490	288	19	any	any	DET
ftr-490	288	20	event	event	NOUN
ftr-490	288	21	under	under	ADP
ftr-490	288	22	the	the	DET
ftr-490	288	23	depreciation	depreciation	NOUN
ftr-490	288	24	recapture	recapture	NOUN
ftr-490	288	25	provisions	provision	NOUN
ftr-490	288	26	.	.	PUNCT
ftr-490	289	1	see	see	VERB
ftr-490	289	2	irc	irc	PROPN
ftr-490	289	3	§	§	PROPN
ftr-490	289	4	§	§	PROPN
ftr-490	289	5	1245	1245	NUM
ftr-490	289	6	.	.	PUNCT
ftr-490	289	7	1250	1250	NUM
ftr-490	289	8	.	.	PUNCT
ftr-490	290	1	37	37	NUM
ftr-490	290	2	.	.	PUNCT
ftr-490	290	3	see	see	VERB
ftr-490	290	4	irc	irc	PROPN
ftr-490	290	5	§	§	PROPN
ftr-490	290	6	§	§	PROPN
ftr-490	290	7	1211	1211	NUM
ftr-490	290	8	,	,	PUNCT
ftr-490	290	9	1212	1212	NUM
ftr-490	290	10	.	.	PUNCT
ftr-490	291	1	19921	19921	NUM
ftr-490	291	2	florida	florida	PROPN
ftr-490	291	3	tax	tax	PROPN
ftr-490	291	4	review	review	NOUN
ftr-490	291	5	treasury	treasury	NOUN
ftr-490	291	6	?	?	PUNCT
ftr-490	292	1	at	at	ADP
ftr-490	292	2	the	the	DET
ftr-490	292	3	time	time	NOUN
ftr-490	292	4	the	the	DET
ftr-490	292	5	case	case	NOUN
ftr-490	292	6	was	be	AUX
ftr-490	292	7	decided	decide	VERB
ftr-490	292	8	,	,	PUNCT
ftr-490	292	9	the	the	DET
ftr-490	292	10	answer	answer	NOUN
ftr-490	292	11	was	be	AUX
ftr-490	292	12	"	"	PUNCT
ftr-490	292	13	not	not	PART
ftr-490	292	14	necessarily	necessarily	ADV
ftr-490	292	15	.	.	PUNCT
ftr-490	292	16	"	"	PUNCT
ftr-490	293	1	prior	prior	ADV
ftr-490	293	2	to	to	ADP
ftr-490	293	3	the	the	DET
ftr-490	293	4	tax	tax	NOUN
ftr-490	293	5	reform	reform	NOUN
ftr-490	293	6	act	act	NOUN
ftr-490	293	7	of	of	ADP
ftr-490	293	8	1986,38	1986,38	PROPN
ftr-490	293	9	section	section	NOUN
ftr-490	293	10	108	108	NUM
ftr-490	293	11	allowed	allow	VERB
ftr-490	293	12	deferral	deferral	NOUN
ftr-490	293	13	of	of	ADP
ftr-490	293	14	cod	cod	NOUN
ftr-490	293	15	income	income	NOUN
ftr-490	293	16	arising	arise	VERB
ftr-490	293	17	on	on	ADP
ftr-490	293	18	the	the	DET
ftr-490	293	19	discharge	discharge	NOUN
ftr-490	293	20	of	of	ADP
ftr-490	293	21	"	"	PUNCT
ftr-490	293	22	qualified	qualified	ADJ
ftr-490	293	23	business	business	NOUN
ftr-490	293	24	indebtedness	indebtedness	NOUN
ftr-490	293	25	"	"	PUNCT
ftr-490	293	26	even	even	ADV
ftr-490	293	27	by	by	ADP
ftr-490	293	28	solvent	solvent	NOUN
ftr-490	293	29	taxpayers39	taxpayers39	NOUN
ftr-490	293	30	by	by	ADP
ftr-490	293	31	a	a	DET
ftr-490	293	32	timely	timely	ADJ
ftr-490	293	33	election	election	NOUN
ftr-490	293	34	to	to	PART
ftr-490	293	35	reduce	reduce	VERB
ftr-490	293	36	the	the	DET
ftr-490	293	37	basis	basis	NOUN
ftr-490	293	38	of	of	ADP
ftr-490	293	39	depreciable	depreciable	ADJ
ftr-490	293	40	property.4	property.4	NOUN
ftr-490	293	41	°	°	NOUN
ftr-490	293	42	with	with	ADP
ftr-490	293	43	that	that	DET
ftr-490	293	44	incentive	incentive	NOUN
ftr-490	293	45	to	to	PART
ftr-490	293	46	use	use	VERB
ftr-490	293	47	the	the	DET
ftr-490	293	48	collapsed	collapse	VERB
ftr-490	293	49	approach	approach	NOUN
ftr-490	293	50	now	now	ADV
ftr-490	293	51	history	history	NOUN
ftr-490	293	52	,	,	PUNCT
ftr-490	293	53	why	why	SCONJ
ftr-490	293	54	does	do	AUX
ftr-490	293	55	n't	not	PART
ftr-490	293	56	the	the	DET
ftr-490	293	57	treasury	treasury	NOUN
ftr-490	293	58	issue	issue	NOUN
ftr-490	293	59	a	a	DET
ftr-490	293	60	revised	revise	VERB
ftr-490	293	61	regulation	regulation	NOUN
ftr-490	293	62	conforming	conform	VERB
ftr-490	293	63	its	its	PRON
ftr-490	293	64	approach	approach	NOUN
ftr-490	293	65	for	for	ADP
ftr-490	293	66	nonrecourse	nonrecourse	NOUN
ftr-490	293	67	debt	debt	NOUN
ftr-490	293	68	relief	relief	NOUN
ftr-490	293	69	to	to	ADP
ftr-490	293	70	that	that	PRON
ftr-490	293	71	of	of	ADP
ftr-490	293	72	recourse	recourse	VERB
ftr-490	293	73	debt	debt	NOUN
ftr-490	293	74	relief?4	relief?4	NOUN
ftr-490	293	75	as	as	SCONJ
ftr-490	293	76	this	this	DET
ftr-490	293	77	article	article	NOUN
ftr-490	293	78	argues	argue	VERB
ftr-490	293	79	that	that	SCONJ
ftr-490	293	80	it	it	PRON
ftr-490	293	81	must	must	AUX
ftr-490	293	82	do	do	VERB
ftr-490	293	83	just	just	ADV
ftr-490	293	84	that	that	PRON
ftr-490	293	85	-	-	PUNCT
ftr-490	293	86	that	that	SCONJ
ftr-490	293	87	using	use	VERB
ftr-490	293	88	different	different	ADJ
ftr-490	293	89	approaches	approach	NOUN
ftr-490	293	90	depending	depend	VERB
ftr-490	293	91	on	on	ADP
ftr-490	293	92	the	the	DET
ftr-490	293	93	status	status	NOUN
ftr-490	293	94	of	of	ADP
ftr-490	293	95	the	the	DET
ftr-490	293	96	debt	debt	NOUN
ftr-490	293	97	is	be	AUX
ftr-490	293	98	not	not	PART
ftr-490	293	99	reasonable	reasonable	ADJ
ftr-490	293	100	and	and	CCONJ
ftr-490	293	101	,	,	PUNCT
ftr-490	293	102	further	far	ADV
ftr-490	293	103	,	,	PUNCT
ftr-490	293	104	that	that	SCONJ
ftr-490	293	105	the	the	DET
ftr-490	293	106	collapsed	collapsed	ADJ
ftr-490	293	107	approach	approach	NOUN
ftr-490	293	108	itself	itself	PRON
ftr-490	293	109	is	be	AUX
ftr-490	293	110	flawed	flawed	ADJ
ftr-490	293	111	-	-	PUNCT
ftr-490	293	112	the	the	DET
ftr-490	293	113	medicine	medicine	NOUN
ftr-490	293	114	should	should	AUX
ftr-490	293	115	not	not	PART
ftr-490	293	116	be	be	AUX
ftr-490	293	117	too	too	ADV
ftr-490	293	118	difficult	difficult	ADJ
ftr-490	293	119	to	to	ADP
ftr-490	293	120	swallow.42	swallow.42	PROPN
ftr-490	293	121	b.	b.	PROPN
ftr-490	293	122	the	the	DET
ftr-490	293	123	tufts	tufts	NOUN
ftr-490	293	124	briefs	brief	VERB
ftr-490	293	125	the	the	DET
ftr-490	293	126	court	court	NOUN
ftr-490	293	127	's	's	PART
ftr-490	293	128	easy	easy	ADJ
ftr-490	293	129	affirmation	affirmation	NOUN
ftr-490	293	130	of	of	ADP
ftr-490	293	131	the	the	DET
ftr-490	293	132	collapsed	collapse	VERB
ftr-490	293	133	approach	approach	NOUN
ftr-490	293	134	is	be	AUX
ftr-490	293	135	understandable	understandable	ADJ
ftr-490	293	136	in	in	ADP
ftr-490	293	137	view	view	NOUN
ftr-490	293	138	of	of	ADP
ftr-490	293	139	the	the	DET
ftr-490	293	140	posture	posture	NOUN
ftr-490	293	141	of	of	ADP
ftr-490	293	142	the	the	DET
ftr-490	293	143	case	case	NOUN
ftr-490	293	144	,	,	PUNCT
ftr-490	293	145	the	the	DET
ftr-490	293	146	information	information	NOUN
ftr-490	293	147	provided	provide	VERB
ftr-490	293	148	it	it	PRON
ftr-490	293	149	,	,	PUNCT
ftr-490	293	150	and	and	CCONJ
ftr-490	293	151	the	the	DET
ftr-490	293	152	38	38	NUM
ftr-490	293	153	.	.	PUNCT
ftr-490	294	1	pub	pub	NOUN
ftr-490	294	2	.	.	PUNCT
ftr-490	295	1	l.	l.	PROPN
ftr-490	295	2	no	no	INTJ
ftr-490	295	3	.	.	PROPN
ftr-490	296	1	99	99	NUM
ftr-490	296	2	-	-	SYM
ftr-490	296	3	514	514	NUM
ftr-490	296	4	,	,	PUNCT
ftr-490	296	5	§	§	PROPN
ftr-490	296	6	822(a	822(a	PROPN
ftr-490	296	7	)	)	PUNCT
ftr-490	296	8	,	,	PUNCT
ftr-490	296	9	100	100	NUM
ftr-490	296	10	stat	stat	NOUN
ftr-490	296	11	.	.	PUNCT
ftr-490	297	1	2373	2373	NUM
ftr-490	297	2	(	(	PUNCT
ftr-490	297	3	1986	1986	NUM
ftr-490	297	4	)	)	PUNCT
ftr-490	297	5	.	.	PUNCT
ftr-490	298	1	39	39	NUM
ftr-490	298	2	.	.	PUNCT
ftr-490	299	1	see	see	VERB
ftr-490	299	2	supra	supra	PROPN
ftr-490	299	3	note	note	PROPN
ftr-490	299	4	8	8	NUM
ftr-490	299	5	(	(	PUNCT
ftr-490	299	6	discussing	discuss	VERB
ftr-490	299	7	the	the	DET
ftr-490	299	8	section	section	NOUN
ftr-490	299	9	108(a	108(a	NUM
ftr-490	299	10	)	)	PUNCT
ftr-490	299	11	exclusion	exclusion	NOUN
ftr-490	299	12	for	for	ADP
ftr-490	299	13	insolvent	insolvent	ADJ
ftr-490	299	14	and	and	CCONJ
ftr-490	299	15	bankrupt	bankrupt	ADJ
ftr-490	299	16	taxpayers	taxpayer	NOUN
ftr-490	299	17	)	)	PUNCT
ftr-490	299	18	.	.	PUNCT
ftr-490	300	1	40	40	NUM
ftr-490	300	2	.	.	PUNCT
ftr-490	301	1	see	see	VERB
ftr-490	301	2	william	william	PROPN
ftr-490	301	3	d.	d.	PROPN
ftr-490	301	4	popkin	popkin	PROPN
ftr-490	301	5	,	,	PUNCT
ftr-490	301	6	introduction	introduction	NOUN
ftr-490	301	7	to	to	ADP
ftr-490	301	8	federal	federal	ADJ
ftr-490	301	9	income	income	NOUN
ftr-490	301	10	taxation	taxation	NOUN
ftr-490	301	11	529	529	NUM
ftr-490	301	12	(	(	PUNCT
ftr-490	301	13	1987	1987	NUM
ftr-490	301	14	)	)	PUNCT
ftr-490	301	15	(	(	PUNCT
ftr-490	301	16	"	"	PUNCT
ftr-490	301	17	the	the	DET
ftr-490	301	18	commissioner	commissioner	NOUN
ftr-490	301	19	probably	probably	ADV
ftr-490	301	20	preferred	prefer	VERB
ftr-490	301	21	sales	sale	NOUN
ftr-490	301	22	proceeds	proceed	VERB
ftr-490	301	23	treatment	treatment	NOUN
ftr-490	301	24	because	because	SCONJ
ftr-490	301	25	discharge	discharge	NOUN
ftr-490	301	26	of	of	ADP
ftr-490	301	27	indebtedness	indebtedness	NOUN
ftr-490	301	28	income	income	NOUN
ftr-490	301	29	usually	usually	ADV
ftr-490	301	30	resulted	result	VERB
ftr-490	301	31	in	in	ADP
ftr-490	301	32	tax	tax	NOUN
ftr-490	301	33	deferral	deferral	NOUN
ftr-490	301	34	,	,	PUNCT
ftr-490	301	35	by	by	ADP
ftr-490	301	36	allowing	allow	VERB
ftr-490	301	37	the	the	DET
ftr-490	301	38	taxpayer	taxpayer	NOUN
ftr-490	301	39	to	to	PART
ftr-490	301	40	reduce	reduce	VERB
ftr-490	301	41	basis	basis	NOUN
ftr-490	301	42	.	.	PUNCT
ftr-490	302	1	"	"	PUNCT
ftr-490	302	2	)	)	PUNCT
ftr-490	302	3	.	.	PUNCT
ftr-490	303	1	41	41	NUM
ftr-490	303	2	.	.	PUNCT
ftr-490	304	1	"	"	PUNCT
ftr-490	304	2	to	to	ADP
ftr-490	304	3	my	my	PRON
ftr-490	304	4	mind	mind	NOUN
ftr-490	304	5	,	,	PUNCT
ftr-490	304	6	the	the	DET
ftr-490	304	7	court	court	NOUN
ftr-490	304	8	left	leave	VERB
ftr-490	304	9	little	little	ADJ
ftr-490	304	10	doubt	doubt	NOUN
ftr-490	304	11	about	about	ADP
ftr-490	304	12	how	how	SCONJ
ftr-490	304	13	the	the	DET
ftr-490	304	14	government	government	NOUN
ftr-490	304	15	could	could	AUX
ftr-490	304	16	,	,	PUNCT
ftr-490	304	17	if	if	SCONJ
ftr-490	304	18	it	it	PRON
ftr-490	304	19	wished	wish	VERB
ftr-490	304	20	,	,	PUNCT
ftr-490	304	21	adopt	adopt	VERB
ftr-490	304	22	the	the	DET
ftr-490	304	23	barnett	barnett	PROPN
ftr-490	304	24	view	view	NOUN
ftr-490	304	25	.	.	PUNCT
ftr-490	305	1	had	have	VERB
ftr-490	305	2	that	that	DET
ftr-490	305	3	analysis	analysis	NOUN
ftr-490	305	4	been	be	AUX
ftr-490	305	5	codified	codify	VERB
ftr-490	305	6	in	in	ADP
ftr-490	305	7	regulations	regulation	NOUN
ftr-490	305	8	,	,	PUNCT
ftr-490	305	9	the	the	DET
ftr-490	305	10	court	court	NOUN
ftr-490	305	11	strongly	strongly	ADV
ftr-490	305	12	hinted	hint	VERB
ftr-490	305	13	that	that	SCONJ
ftr-490	305	14	it	it	PRON
ftr-490	305	15	would	would	AUX
ftr-490	305	16	have	have	AUX
ftr-490	305	17	deferred	defer	VERB
ftr-490	305	18	to	to	ADP
ftr-490	305	19	the	the	DET
ftr-490	305	20	revised	revise	VERB
ftr-490	305	21	treasury	treasury	NOUN
ftr-490	305	22	position	position	NOUN
ftr-490	305	23	.	.	PUNCT
ftr-490	305	24	"	"	PUNCT
ftr-490	306	1	erik	erik	PROPN
ftr-490	306	2	m.	m.	PROPN
ftr-490	306	3	jensen	jensen	PROPN
ftr-490	306	4	,	,	PUNCT
ftr-490	306	5	nonrecourse	nonrecourse	NOUN
ftr-490	306	6	liabilities	liability	NOUN
ftr-490	306	7	and	and	CCONJ
ftr-490	306	8	real	real	ADJ
ftr-490	306	9	costs	cost	NOUN
ftr-490	306	10	:	:	PUNCT
ftr-490	306	11	a	a	DET
ftr-490	306	12	reply	reply	NOUN
ftr-490	306	13	to	to	ADP
ftr-490	306	14	professor	professor	PROPN
ftr-490	306	15	johnson	johnson	PROPN
ftr-490	306	16	,	,	PUNCT
ftr-490	306	17	11	11	NUM
ftr-490	306	18	va	va	NOUN
ftr-490	306	19	.	.	PUNCT
ftr-490	307	1	tax	tax	PROPN
ftr-490	307	2	rev	rev	PROPN
ftr-490	307	3	.	.	PROPN
ftr-490	307	4	643	643	NUM
ftr-490	307	5	,	,	PUNCT
ftr-490	307	6	650	650	NUM
ftr-490	307	7	(	(	PUNCT
ftr-490	307	8	1992	1992	NUM
ftr-490	307	9	)	)	PUNCT
ftr-490	308	1	[	[	X
ftr-490	308	2	hereinafter	hereinafter	NOUN
ftr-490	308	3	jensen	jensen	PROPN
ftr-490	308	4	ii	ii	PROPN
ftr-490	308	5	]	]	PUNCT
ftr-490	308	6	.	.	PUNCT
ftr-490	309	1	see	see	VERB
ftr-490	309	2	also	also	ADV
ftr-490	309	3	kimberly	kimberly	PROPN
ftr-490	309	4	s.	s.	PROPN
ftr-490	309	5	blanchard	blanchard	PROPN
ftr-490	309	6	,	,	PUNCT
ftr-490	309	7	discharge	discharge	NOUN
ftr-490	309	8	of	of	ADP
ftr-490	309	9	nonrecourse	nonrecourse	NOUN
ftr-490	309	10	debt	debt	NOUN
ftr-490	309	11	:	:	PUNCT
ftr-490	309	12	a	a	DET
ftr-490	309	13	reexamination	reexamination	NOUN
ftr-490	309	14	of	of	ADP
ftr-490	309	15	the	the	DET
ftr-490	309	16	distinction	distinction	NOUN
ftr-490	309	17	between	between	ADP
ftr-490	309	18	recourse	recourse	NOUN
ftr-490	309	19	and	and	CCONJ
ftr-490	309	20	nonrecourse	nonrecourse	NOUN
ftr-490	309	21	debt	debt	NOUN
ftr-490	309	22	and	and	CCONJ
ftr-490	309	23	related	related	ADJ
ftr-490	309	24	issues	issue	NOUN
ftr-490	309	25	,	,	PUNCT
ftr-490	309	26	special	special	ADJ
ftr-490	309	27	report	report	NOUN
ftr-490	309	28	,	,	PUNCT
ftr-490	309	29	50	50	NUM
ftr-490	309	30	tax	tax	NOUN
ftr-490	309	31	notes	note	NOUN
ftr-490	309	32	773	773	NUM
ftr-490	309	33	,	,	PUNCT
ftr-490	309	34	779	779	NUM
ftr-490	309	35	(	(	PUNCT
ftr-490	309	36	feb	feb	PROPN
ftr-490	309	37	.	.	PROPN
ftr-490	309	38	18	18	NUM
ftr-490	309	39	,	,	PUNCT
ftr-490	309	40	1991	1991	NUM
ftr-490	309	41	)	)	PUNCT
ftr-490	309	42	(	(	PUNCT
ftr-490	309	43	arguing	argue	VERB
ftr-490	309	44	that	that	SCONJ
ftr-490	309	45	the	the	DET
ftr-490	309	46	treasury	treasury	PROPN
ftr-490	309	47	department	department	PROPN
ftr-490	309	48	has	have	VERB
ftr-490	309	49	the	the	DET
ftr-490	309	50	power	power	NOUN
ftr-490	309	51	to	to	PART
ftr-490	309	52	unilaterally	unilaterally	ADV
ftr-490	309	53	change	change	VERB
ftr-490	309	54	the	the	DET
ftr-490	309	55	collapsed	collapse	VERB
ftr-490	309	56	approach	approach	NOUN
ftr-490	309	57	affirmed	affirm	VERB
ftr-490	309	58	in	in	ADP
ftr-490	309	59	tufts	tuft	NOUN
ftr-490	309	60	because	because	SCONJ
ftr-490	309	61	the	the	DET
ftr-490	309	62	only	only	ADJ
ftr-490	309	63	reason	reason	NOUN
ftr-490	309	64	that	that	SCONJ
ftr-490	309	65	the	the	DET
ftr-490	309	66	tufts	tufts	NOUN
ftr-490	309	67	court	court	NOUN
ftr-490	309	68	affirmed	affirm	VERB
ftr-490	309	69	the	the	DET
ftr-490	309	70	collapsed	collapsed	ADJ
ftr-490	309	71	approach	approach	NOUN
ftr-490	309	72	rather	rather	ADV
ftr-490	309	73	than	than	ADP
ftr-490	309	74	the	the	DET
ftr-490	309	75	bifurcated	bifurcated	ADJ
ftr-490	309	76	approach	approach	NOUN
ftr-490	309	77	was	be	AUX
ftr-490	309	78	deference	deference	NOUN
ftr-490	309	79	to	to	ADP
ftr-490	309	80	the	the	DET
ftr-490	309	81	commissioner	commissioner	NOUN
ftr-490	309	82	)	)	PUNCT
ftr-490	309	83	.	.	PUNCT
ftr-490	310	1	the	the	DET
ftr-490	310	2	current	current	ADJ
ftr-490	310	3	supreme	supreme	PROPN
ftr-490	310	4	court	court	PROPN
ftr-490	310	5	has	have	AUX
ftr-490	310	6	recognized	recognize	VERB
ftr-490	310	7	that	that	DET
ftr-490	310	8	deference	deference	NOUN
ftr-490	310	9	under	under	ADP
ftr-490	310	10	chevron	chevron	PROPN
ftr-490	310	11	u.s.a	u.s.a	PROPN
ftr-490	310	12	.	.	PROPN
ftr-490	310	13	,	,	PUNCT
ftr-490	310	14	inc	inc	PROPN
ftr-490	310	15	.	.	PROPN
ftr-490	310	16	v.	v.	ADP
ftr-490	310	17	natural	natural	ADJ
ftr-490	310	18	resources	resource	NOUN
ftr-490	310	19	defense	defense	PROPN
ftr-490	310	20	council	council	PROPN
ftr-490	310	21	,	,	PUNCT
ftr-490	310	22	inc	inc	PROPN
ftr-490	310	23	.	.	PROPN
ftr-490	310	24	,	,	PUNCT
ftr-490	310	25	467	467	NUM
ftr-490	310	26	u.s	u.s	PROPN
ftr-490	310	27	.	.	PROPN
ftr-490	310	28	837	837	NUM
ftr-490	310	29	(	(	PUNCT
ftr-490	310	30	1984	1984	NUM
ftr-490	310	31	)	)	PUNCT
ftr-490	310	32	,	,	PUNCT
ftr-490	310	33	to	to	SCONJ
ftr-490	310	34	an	an	DET
ftr-490	310	35	administrative	administrative	ADJ
ftr-490	310	36	agency	agency	NOUN
ftr-490	310	37	's	's	PART
ftr-490	310	38	permissible	permissible	ADJ
ftr-490	310	39	construction	construction	NOUN
ftr-490	310	40	of	of	ADP
ftr-490	310	41	a	a	DET
ftr-490	310	42	statute	statute	NOUN
ftr-490	310	43	is	be	AUX
ftr-490	310	44	warranted	warrant	VERB
ftr-490	310	45	,	,	PUNCT
ftr-490	310	46	even	even	ADV
ftr-490	310	47	if	if	SCONJ
ftr-490	310	48	it	it	PRON
ftr-490	310	49	blatantly	blatantly	ADV
ftr-490	310	50	reverses	reverse	VERB
ftr-490	310	51	a	a	DET
ftr-490	310	52	longstanding	longstanding	ADJ
ftr-490	310	53	construction	construction	NOUN
ftr-490	310	54	,	,	PUNCT
ftr-490	310	55	so	so	SCONJ
ftr-490	310	56	that	that	SCONJ
ftr-490	310	57	the	the	DET
ftr-490	310	58	agency	agency	NOUN
ftr-490	310	59	may	may	AUX
ftr-490	310	60	take	take	VERB
ftr-490	310	61	account	account	NOUN
ftr-490	310	62	of	of	ADP
ftr-490	310	63	changes	change	NOUN
ftr-490	310	64	in	in	ADP
ftr-490	310	65	policy	policy	NOUN
ftr-490	310	66	,	,	PUNCT
ftr-490	310	67	theory	theory	NOUN
ftr-490	310	68	,	,	PUNCT
ftr-490	310	69	the	the	DET
ftr-490	310	70	state	state	NOUN
ftr-490	310	71	of	of	ADP
ftr-490	310	72	technology	technology	NOUN
ftr-490	310	73	,	,	PUNCT
ftr-490	310	74	or	or	CCONJ
ftr-490	310	75	other	other	ADJ
ftr-490	310	76	changes	change	NOUN
ftr-490	310	77	over	over	ADP
ftr-490	310	78	time	time	NOUN
ftr-490	310	79	.	.	PUNCT
ftr-490	311	1	see	see	VERB
ftr-490	311	2	,	,	PUNCT
ftr-490	311	3	e.g.	e.g.	ADV
ftr-490	311	4	,	,	PUNCT
ftr-490	311	5	rust	rust	NOUN
ftr-490	311	6	v.	v.	PROPN
ftr-490	311	7	sullivan	sullivan	PROPN
ftr-490	311	8	,	,	PUNCT
ftr-490	311	9	111	111	NUM
ftr-490	311	10	s.	s.	PROPN
ftr-490	311	11	ct	ct	PROPN
ftr-490	311	12	.	.	PROPN
ftr-490	311	13	1759	1759	NUM
ftr-490	311	14	,	,	PUNCT
ftr-490	311	15	1769	1769	NUM
ftr-490	311	16	(	(	PUNCT
ftr-490	311	17	1991	1991	NUM
ftr-490	311	18	)	)	PUNCT
ftr-490	311	19	;	;	PUNCT
ftr-490	311	20	see	see	VERB
ftr-490	311	21	also	also	ADV
ftr-490	311	22	antonin	antonin	PROPN
ftr-490	311	23	scalia	scalia	PROPN
ftr-490	311	24	,	,	PUNCT
ftr-490	311	25	judicial	judicial	ADJ
ftr-490	311	26	deference	deference	NOUN
ftr-490	311	27	to	to	ADP
ftr-490	311	28	administrative	administrative	ADJ
ftr-490	311	29	interpretations	interpretation	NOUN
ftr-490	311	30	of	of	ADP
ftr-490	311	31	law	law	NOUN
ftr-490	311	32	,	,	PUNCT
ftr-490	311	33	1989	1989	NUM
ftr-490	311	34	duke	duke	PROPN
ftr-490	311	35	l.j	l.j	PROPN
ftr-490	311	36	.	.	PROPN
ftr-490	311	37	511	511	NUM
ftr-490	311	38	,	,	PUNCT
ftr-490	311	39	518	518	NUM
ftr-490	311	40	(	(	PUNCT
ftr-490	311	41	"	"	PUNCT
ftr-490	311	42	[	[	X
ftr-490	311	43	ihe	ihe	ADJ
ftr-490	311	44	capacity	capacity	NOUN
ftr-490	311	45	of	of	ADP
ftr-490	311	46	the	the	DET
ftr-490	311	47	chevron	chevron	NOUN
ftr-490	311	48	approach	approach	NOUN
ftr-490	311	49	to	to	PART
ftr-490	311	50	accept	accept	VERB
ftr-490	311	51	changes	change	NOUN
ftr-490	311	52	in	in	ADP
ftr-490	311	53	agency	agency	NOUN
ftr-490	311	54	interpretation	interpretation	NOUN
ftr-490	311	55	ungrudgingly	ungrudgingly	ADV
ftr-490	311	56	seems	seem	VERB
ftr-490	311	57	to	to	ADP
ftr-490	311	58	me	i	PRON
ftr-490	311	59	one	one	NUM
ftr-490	311	60	of	of	ADP
ftr-490	311	61	the	the	DET
ftr-490	311	62	strongest	strong	ADJ
ftr-490	311	63	indications	indication	NOUN
ftr-490	311	64	that	that	SCONJ
ftr-490	311	65	the	the	DET
ftr-490	311	66	chevron	chevron	NOUN
ftr-490	311	67	approach	approach	NOUN
ftr-490	311	68	is	be	AUX
ftr-490	311	69	correct	correct	ADJ
ftr-490	311	70	.	.	PUNCT
ftr-490	311	71	"	"	PUNCT
ftr-490	311	72	)	)	PUNCT
ftr-490	311	73	.	.	PUNCT
ftr-490	312	1	42	42	NUM
ftr-490	312	2	.	.	PUNCT
ftr-490	313	1	on	on	ADP
ftr-490	313	2	the	the	DET
ftr-490	313	3	other	other	ADJ
ftr-490	313	4	hand	hand	NOUN
ftr-490	313	5	,	,	PUNCT
ftr-490	313	6	the	the	DET
ftr-490	313	7	insolvency	insolvency	NOUN
ftr-490	313	8	and	and	CCONJ
ftr-490	313	9	bankruptcy	bankruptcy	NOUN
ftr-490	313	10	exclusions	exclusion	NOUN
ftr-490	313	11	under	under	ADP
ftr-490	313	12	section	section	NOUN
ftr-490	313	13	108(a	108(a	PROPN
ftr-490	313	14	)	)	PUNCT
ftr-490	313	15	,	,	PUNCT
ftr-490	313	16	which	which	PRON
ftr-490	313	17	are	be	AUX
ftr-490	313	18	not	not	PART
ftr-490	313	19	available	available	ADJ
ftr-490	313	20	to	to	PART
ftr-490	313	21	shelter	shelter	VERB
ftr-490	313	22	gain	gain	NOUN
ftr-490	313	23	realized	realize	VERB
ftr-490	313	24	under	under	ADP
ftr-490	313	25	section	section	NOUN
ftr-490	313	26	1001	1001	NUM
ftr-490	313	27	,	,	PUNCT
ftr-490	313	28	may	may	AUX
ftr-490	313	29	be	be	AUX
ftr-490	313	30	used	use	VERB
ftr-490	313	31	by	by	ADP
ftr-490	313	32	many	many	ADJ
ftr-490	313	33	more	more	ADJ
ftr-490	313	34	taxpayers	taxpayer	NOUN
ftr-490	313	35	today	today	NOUN
ftr-490	313	36	than	than	ADP
ftr-490	313	37	one	one	NUM
ftr-490	313	38	might	might	AUX
ftr-490	313	39	at	at	ADP
ftr-490	313	40	first	first	ADV
ftr-490	313	41	imagine	imagine	NOUN
ftr-490	313	42	.	.	PUNCT
ftr-490	314	1	with	with	ADP
ftr-490	314	2	net	net	ADJ
ftr-490	314	3	capital	capital	NOUN
ftr-490	314	4	gain	gain	NOUN
ftr-490	314	5	taxed	tax	VERB
ftr-490	314	6	at	at	ADP
ftr-490	314	7	or	or	CCONJ
ftr-490	314	8	near	near	ADP
ftr-490	314	9	the	the	DET
ftr-490	314	10	rates	rate	NOUN
ftr-490	314	11	applied	apply	VERB
ftr-490	314	12	to	to	ADP
ftr-490	314	13	ordinary	ordinary	ADJ
ftr-490	314	14	income	income	NOUN
ftr-490	314	15	(	(	PUNCT
ftr-490	314	16	see	see	VERB
ftr-490	314	17	irc	irc	ADV
ftr-490	314	18	§	§	PROPN
ftr-490	314	19	l(h	l(h	PROPN
ftr-490	314	20	)	)	PUNCT
ftr-490	314	21	)	)	PUNCT
ftr-490	314	22	,	,	PUNCT
ftr-490	314	23	the	the	DET
ftr-490	314	24	government	government	NOUN
ftr-490	314	25	's	's	PART
ftr-490	314	26	best	good	ADJ
ftr-490	314	27	revenue	revenue	NOUN
ftr-490	314	28	interests	interest	NOUN
ftr-490	314	29	might	might	AUX
ftr-490	314	30	yet	yet	ADV
ftr-490	314	31	be	be	AUX
ftr-490	314	32	in	in	ADP
ftr-490	314	33	preserving	preserve	VERB
ftr-490	314	34	the	the	DET
ftr-490	314	35	collapsed	collapse	VERB
ftr-490	314	36	approach	approach	NOUN
ftr-490	314	37	.	.	PUNCT
ftr-490	315	1	[	[	X
ftr-490	315	2	vol	vol	NOUN
ftr-490	315	3	1:3	1:3	NUM
ftr-490	315	4	tufts	tuft	NOUN
ftr-490	315	5	and	and	CCONJ
ftr-490	315	6	the	the	DET
ftr-490	315	7	evolution	evolution	NOUN
ftr-490	315	8	of	of	ADP
ftr-490	315	9	debt	debt	NOUN
ftr-490	315	10	-	-	PUNCT
ftr-490	315	11	discharge	discharge	NOUN
ftr-490	315	12	theory	theory	NOUN
ftr-490	315	13	government	government	NOUN
ftr-490	315	14	's	's	PART
ftr-490	315	15	own	own	ADJ
ftr-490	315	16	apparent	apparent	ADJ
ftr-490	315	17	misunderstanding	misunderstanding	NOUN
ftr-490	315	18	of	of	ADP
ftr-490	315	19	how	how	SCONJ
ftr-490	315	20	a	a	DET
ftr-490	315	21	tufts	tufts	NOUN
ftr-490	315	22	transfer	transfer	NOUN
ftr-490	315	23	would	would	AUX
ftr-490	315	24	be	be	AUX
ftr-490	315	25	taxed	tax	VERB
ftr-490	315	26	in	in	ADP
ftr-490	315	27	the	the	DET
ftr-490	315	28	case	case	NOUN
ftr-490	315	29	of	of	ADP
ftr-490	315	30	recourse	recourse	NOUN
ftr-490	315	31	debt	debt	NOUN
ftr-490	315	32	under	under	ADP
ftr-490	315	33	its	its	PRON
ftr-490	315	34	regulations	regulation	NOUN
ftr-490	315	35	.	.	PUNCT
ftr-490	316	1	'first	'first	PROPN
ftr-490	316	2	,	,	PUNCT
ftr-490	316	3	tufts	tuft	NOUN
ftr-490	316	4	's	's	PART
ftr-490	316	5	attorneys	attorney	NOUN
ftr-490	316	6	had	have	VERB
ftr-490	316	7	no	no	DET
ftr-490	316	8	incentive	incentive	NOUN
ftr-490	316	9	to	to	PART
ftr-490	316	10	argue	argue	VERB
ftr-490	316	11	that	that	SCONJ
ftr-490	316	12	use	use	NOUN
ftr-490	316	13	of	of	ADP
ftr-490	316	14	the	the	DET
ftr-490	316	15	bifurcated	bifurcated	ADJ
ftr-490	316	16	approach	approach	NOUN
ftr-490	316	17	was	be	AUX
ftr-490	316	18	necessary	necessary	ADJ
ftr-490	316	19	because	because	SCONJ
ftr-490	316	20	that	that	DET
ftr-490	316	21	approach	approach	NOUN
ftr-490	316	22	would	would	AUX
ftr-490	316	23	likely	likely	ADV
ftr-490	316	24	have	have	AUX
ftr-490	316	25	produced	produce	VERB
ftr-490	316	26	a	a	DET
ftr-490	316	27	larger	large	ADJ
ftr-490	316	28	tax	tax	NOUN
ftr-490	316	29	bill	bill	NOUN
ftr-490	316	30	for	for	ADP
ftr-490	316	31	tufts.44	tufts.44	NOUN
ftr-490	316	32	tufts	tuft	NOUN
ftr-490	316	33	did	do	AUX
ftr-490	316	34	not	not	PART
ftr-490	316	35	make	make	VERB
ftr-490	316	36	a	a	DET
ftr-490	316	37	timely	timely	ADJ
ftr-490	316	38	election	election	NOUN
ftr-490	316	39	at	at	ADP
ftr-490	316	40	the	the	DET
ftr-490	316	41	time	time	NOUN
ftr-490	316	42	of	of	ADP
ftr-490	316	43	the	the	DET
ftr-490	316	44	sale	sale	NOUN
ftr-490	316	45	to	to	PART
ftr-490	316	46	reduce	reduce	VERB
ftr-490	316	47	the	the	DET
ftr-490	316	48	basis	basis	NOUN
ftr-490	316	49	in	in	ADP
ftr-490	316	50	other	other	ADJ
ftr-490	316	51	property	property	NOUN
ftr-490	316	52	held	hold	VERB
ftr-490	316	53	in	in	ADP
ftr-490	316	54	lieu	lieu	NOUN
ftr-490	316	55	of	of	ADP
ftr-490	316	56	recognizing	recognize	VERB
ftr-490	316	57	the	the	DET
ftr-490	316	58	cod	cod	NOUN
ftr-490	316	59	income	income	NOUN
ftr-490	316	60	under	under	ADP
ftr-490	316	61	the	the	DET
ftr-490	316	62	"	"	PUNCT
ftr-490	316	63	qualified	qualified	ADJ
ftr-490	316	64	business	business	NOUN
ftr-490	316	65	indebtedness	indebtedness	NOUN
ftr-490	316	66	"	"	PUNCT
ftr-490	316	67	provision	provision	NOUN
ftr-490	316	68	.	.	PUNCT
ftr-490	317	1	thus	thus	ADV
ftr-490	317	2	,	,	PUNCT
ftr-490	317	3	the	the	DET
ftr-490	317	4	$	$	SYM
ftr-490	317	5	450,000	450,000	NUM
ftr-490	317	6	in	in	ADP
ftr-490	317	7	cod	cod	NOUN
ftr-490	317	8	income	income	NOUN
ftr-490	317	9	would	would	AUX
ftr-490	317	10	have	have	AUX
ftr-490	317	11	been	be	AUX
ftr-490	317	12	immediately	immediately	ADV
ftr-490	317	13	taxable	taxable	ADJ
ftr-490	317	14	under	under	ADP
ftr-490	317	15	section	section	NOUN
ftr-490	317	16	61(a)(12	61(a)(12	NUM
ftr-490	317	17	)	)	PUNCT
ftr-490	317	18	(	(	PUNCT
ftr-490	317	19	unless	unless	SCONJ
ftr-490	317	20	tufts	tuft	NOUN
ftr-490	317	21	was	be	AUX
ftr-490	317	22	insolvent	insolvent	ADJ
ftr-490	317	23	or	or	CCONJ
ftr-490	317	24	in	in	ADP
ftr-490	317	25	bankruptcy	bankruptcy	NOUN
ftr-490	317	26	court),4	court),4	PROPN
ftr-490	317	27	5	5	NUM
ftr-490	317	28	and	and	CCONJ
ftr-490	317	29	the	the	DET
ftr-490	317	30	$	$	SYM
ftr-490	317	31	50,000	50,000	NUM
ftr-490	317	32	capital	capital	NOUN
ftr-490	317	33	loss	loss	NOUN
ftr-490	317	34	would	would	AUX
ftr-490	317	35	have	have	AUX
ftr-490	317	36	been	be	AUX
ftr-490	317	37	subject	subject	ADJ
ftr-490	317	38	to	to	ADP
ftr-490	317	39	the	the	DET
ftr-490	317	40	capital	capital	NOUN
ftr-490	317	41	-	-	PUNCT
ftr-490	317	42	loss	loss	NOUN
ftr-490	317	43	-	-	PUNCT
ftr-490	317	44	limitation	limitation	NOUN
ftr-490	317	45	rules	rule	NOUN
ftr-490	317	46	contained	contain	VERB
ftr-490	317	47	in	in	ADP
ftr-490	317	48	sections	section	NOUN
ftr-490	317	49	1211	1211	NUM
ftr-490	317	50	and	and	CCONJ
ftr-490	317	51	1212	1212	NUM
ftr-490	317	52	.	.	PUNCT
ftr-490	318	1	it	it	PRON
ftr-490	318	2	follows	follow	VERB
ftr-490	318	3	that	that	SCONJ
ftr-490	318	4	tufts	tuft	NOUN
ftr-490	318	5	was	be	AUX
ftr-490	318	6	better	well	ADJ
ftr-490	318	7	off	off	ADV
ftr-490	318	8	,	,	PUNCT
ftr-490	318	9	if	if	SCONJ
ftr-490	318	10	he	he	PRON
ftr-490	318	11	lost	lose	VERB
ftr-490	318	12	the	the	DET
ftr-490	318	13	issue	issue	NOUN
ftr-490	318	14	concerning	concern	VERB
ftr-490	318	15	whether	whether	SCONJ
ftr-490	318	16	any	any	DET
ftr-490	318	17	accession	accession	NOUN
ftr-490	318	18	to	to	ADP
ftr-490	318	19	wealth	wealth	NOUN
ftr-490	318	20	occurs	occur	VERB
ftr-490	318	21	in	in	ADP
ftr-490	318	22	view	view	NOUN
ftr-490	318	23	of	of	ADP
ftr-490	318	24	the	the	DET
ftr-490	318	25	debt	debt	NOUN
ftr-490	318	26	exceeding	exceed	VERB
ftr-490	318	27	the	the	DET
ftr-490	318	28	fair	fair	ADJ
ftr-490	318	29	market	market	NOUN
ftr-490	318	30	value	value	NOUN
ftr-490	318	31	of	of	ADP
ftr-490	318	32	the	the	DET
ftr-490	318	33	property	property	NOUN
ftr-490	318	34	transferred	transfer	VERB
ftr-490	318	35	,	,	PUNCT
ftr-490	318	36	accepting	accept	VERB
ftr-490	318	37	the	the	DET
ftr-490	318	38	collapsed	collapsed	ADJ
ftr-490	318	39	approach	approach	NOUN
ftr-490	318	40	in	in	ADP
ftr-490	318	41	analyzing	analyze	VERB
ftr-490	318	42	that	that	DET
ftr-490	318	43	accession	accession	NOUN
ftr-490	318	44	to	to	ADP
ftr-490	318	45	wealth	wealth	NOUN
ftr-490	318	46	.	.	PUNCT
ftr-490	319	1	as	as	SCONJ
ftr-490	319	2	noted	note	VERB
ftr-490	319	3	,	,	PUNCT
ftr-490	319	4	he	he	PRON
ftr-490	319	5	recognized	recognize	VERB
ftr-490	319	6	$	$	SYM
ftr-490	319	7	400,000	400,000	NUM
ftr-490	319	8	of	of	ADP
ftr-490	319	9	gain	gain	NOUN
ftr-490	319	10	under	under	ADP
ftr-490	319	11	section	section	NOUN
ftr-490	319	12	1001	1001	NUM
ftr-490	319	13	,	,	PUNCT
ftr-490	319	14	some	some	PRON
ftr-490	319	15	of	of	ADP
ftr-490	319	16	which	which	PRON
ftr-490	319	17	would	would	AUX
ftr-490	319	18	be	be	AUX
ftr-490	319	19	ordinary	ordinary	ADJ
ftr-490	319	20	,	,	PUNCT
ftr-490	319	21	under	under	ADP
ftr-490	319	22	that	that	DET
ftr-490	319	23	approach	approach	NOUN
ftr-490	319	24	.	.	PUNCT
ftr-490	320	1	second	second	ADV
ftr-490	320	2	,	,	PUNCT
ftr-490	320	3	the	the	DET
ftr-490	320	4	government	government	NOUN
ftr-490	320	5	's	's	PART
ftr-490	320	6	briefs	brief	NOUN
ftr-490	320	7	,	,	PUNCT
ftr-490	320	8	which	which	PRON
ftr-490	320	9	are	be	AUX
ftr-490	320	10	quoted	quote	VERB
ftr-490	320	11	extensively	extensively	ADV
ftr-490	320	12	below	below	ADV
ftr-490	320	13	to	to	PART
ftr-490	320	14	give	give	VERB
ftr-490	320	15	an	an	DET
ftr-490	320	16	accurate	accurate	ADJ
ftr-490	320	17	picture	picture	NOUN
ftr-490	320	18	of	of	ADP
ftr-490	320	19	the	the	DET
ftr-490	320	20	cumulative	cumulative	ADJ
ftr-490	320	21	effect	effect	NOUN
ftr-490	320	22	of	of	ADP
ftr-490	320	23	the	the	DET
ftr-490	320	24	government	government	NOUN
ftr-490	320	25	's	's	PART
ftr-490	320	26	statements	statement	NOUN
ftr-490	320	27	,	,	PUNCT
ftr-490	320	28	also	also	ADV
ftr-490	320	29	failed	fail	VERB
ftr-490	320	30	to	to	PART
ftr-490	320	31	help	help	VERB
ftr-490	320	32	the	the	DET
ftr-490	320	33	court	court	NOUN
ftr-490	320	34	appreciate	appreciate	VERB
ftr-490	320	35	the	the	DET
ftr-490	320	36	second	second	ADJ
ftr-490	320	37	issue	issue	NOUN
ftr-490	320	38	in	in	ADP
ftr-490	320	39	tufts	tuft	NOUN
ftr-490	320	40	.	.	PUNCT
ftr-490	321	1	in	in	ADP
ftr-490	321	2	fact	fact	NOUN
ftr-490	321	3	,	,	PUNCT
ftr-490	321	4	the	the	DET
ftr-490	321	5	briefs	brief	NOUN
ftr-490	321	6	illustrate	illustrate	VERB
ftr-490	321	7	that	that	SCONJ
ftr-490	321	8	the	the	DET
ftr-490	321	9	government	government	NOUN
ftr-490	321	10	did	do	AUX
ftr-490	321	11	not	not	PART
ftr-490	321	12	appreciate	appreciate	VERB
ftr-490	321	13	how	how	SCONJ
ftr-490	321	14	its	its	PRON
ftr-490	321	15	own	own	ADJ
ftr-490	321	16	regulations	regulation	NOUN
ftr-490	321	17	operated	operate	VERB
ftr-490	321	18	in	in	ADP
ftr-490	321	19	the	the	DET
ftr-490	321	20	case	case	NOUN
ftr-490	321	21	of	of	ADP
ftr-490	321	22	a	a	DET
ftr-490	321	23	tufts	tufts	NOUN
ftr-490	321	24	transfer	transfer	NOUN
ftr-490	321	25	involving	involve	VERB
ftr-490	321	26	recourse	recourse	NOUN
ftr-490	321	27	debt	debt	NOUN
ftr-490	321	28	.	.	PUNCT
ftr-490	322	1	from	from	ADP
ftr-490	322	2	the	the	DET
ftr-490	322	3	petition	petition	NOUN
ftr-490	322	4	for	for	ADP
ftr-490	322	5	writ	writ	NOUN
ftr-490	322	6	of	of	ADP
ftr-490	322	7	certiorari	certiorari	NOUN
ftr-490	322	8	onward	onward	ADV
ftr-490	322	9	,	,	PUNCT
ftr-490	322	10	the	the	DET
ftr-490	322	11	government	government	NOUN
ftr-490	322	12	characterized	characterize	VERB
ftr-490	322	13	the	the	DET
ftr-490	322	14	case	case	NOUN
ftr-490	322	15	as	as	ADP
ftr-490	322	16	presenting	present	VERB
ftr-490	322	17	only	only	ADV
ftr-490	322	18	a	a	DET
ftr-490	322	19	single	single	ADJ
ftr-490	322	20	issue	issue	NOUN
ftr-490	322	21	,	,	PUNCT
ftr-490	322	22	thus	thus	ADV
ftr-490	322	23	allowing	allow	VERB
ftr-490	322	24	the	the	DET
ftr-490	322	25	court	court	NOUN
ftr-490	322	26	to	to	PART
ftr-490	322	27	conclude	conclude	VERB
ftr-490	322	28	easily	easily	ADV
ftr-490	322	29	that	that	SCONJ
ftr-490	322	30	if	if	SCONJ
ftr-490	322	31	relief	relief	NOUN
ftr-490	322	32	from	from	ADP
ftr-490	322	33	nonrecourse	nonrecourse	ADJ
ftr-490	322	34	debt	debt	NOUN
ftr-490	322	35	in	in	ADP
ftr-490	322	36	excess	excess	NOUN
ftr-490	322	37	of	of	ADP
ftr-490	322	38	the	the	DET
ftr-490	322	39	fair	fair	ADJ
ftr-490	322	40	market	market	NOUN
ftr-490	322	41	value	value	NOUN
ftr-490	322	42	of	of	ADP
ftr-490	322	43	the	the	DET
ftr-490	322	44	property	property	NOUN
ftr-490	322	45	transferred	transfer	VERB
ftr-490	322	46	was	be	AUX
ftr-490	322	47	properly	properly	ADV
ftr-490	322	48	considered	consider	VERB
ftr-490	322	49	an	an	DET
ftr-490	322	50	43	43	NUM
ftr-490	322	51	.	.	PUNCT
ftr-490	323	1	"	"	PUNCT
ftr-490	323	2	[	[	X
ftr-490	323	3	the	the	DET
ftr-490	323	4	quality	quality	NOUN
ftr-490	323	5	of	of	ADP
ftr-490	323	6	a	a	DET
ftr-490	323	7	court	court	NOUN
ftr-490	323	8	's	's	PART
ftr-490	323	9	thinking	thinking	NOUN
ftr-490	323	10	is	be	AUX
ftr-490	323	11	often	often	ADV
ftr-490	323	12	limited	limit	VERB
ftr-490	323	13	by	by	ADP
ftr-490	323	14	the	the	DET
ftr-490	323	15	quality	quality	NOUN
ftr-490	323	16	of	of	ADP
ftr-490	323	17	arguments	argument	NOUN
ftr-490	323	18	presented	present	VERB
ftr-490	323	19	to	to	ADP
ftr-490	323	20	it	it	PRON
ftr-490	323	21	.	.	PUNCT
ftr-490	323	22	"	"	PUNCT
ftr-490	324	1	jensen	jensen	PROPN
ftr-490	324	2	ii	ii	PROPN
ftr-490	324	3	,	,	PUNCT
ftr-490	324	4	supra	supra	PROPN
ftr-490	324	5	note	note	PROPN
ftr-490	324	6	41	41	NUM
ftr-490	324	7	,	,	PUNCT
ftr-490	324	8	at	at	ADP
ftr-490	324	9	648	648	NUM
ftr-490	324	10	.	.	PUNCT
ftr-490	324	11	44	44	NUM
ftr-490	324	12	.	.	PUNCT
ftr-490	325	1	the	the	DET
ftr-490	325	2	thrust	thrust	NOUN
ftr-490	325	3	of	of	ADP
ftr-490	325	4	tufts	tuft	NOUN
ftr-490	325	5	's	's	PART
ftr-490	325	6	supreme	supreme	PROPN
ftr-490	325	7	court	court	PROPN
ftr-490	325	8	brief	brief	NOUN
ftr-490	325	9	was	be	AUX
ftr-490	325	10	that	that	SCONJ
ftr-490	325	11	the	the	DET
ftr-490	325	12	statutory	statutory	ADJ
ftr-490	325	13	definition	definition	NOUN
ftr-490	325	14	of	of	ADP
ftr-490	325	15	amount	amount	NOUN
ftr-490	325	16	realized	realize	VERB
ftr-490	325	17	can	can	AUX
ftr-490	325	18	not	not	PART
ftr-490	325	19	be	be	AUX
ftr-490	325	20	judicially	judicially	ADV
ftr-490	325	21	expanded	expand	VERB
ftr-490	325	22	to	to	PART
ftr-490	325	23	include	include	VERB
ftr-490	325	24	the	the	DET
ftr-490	325	25	recapture	recapture	NOUN
ftr-490	325	26	of	of	ADP
ftr-490	325	27	earlier	early	ADJ
ftr-490	325	28	tax	tax	NOUN
ftr-490	325	29	benefits	benefit	NOUN
ftr-490	325	30	.	.	PUNCT
ftr-490	326	1	brief	brief	ADJ
ftr-490	326	2	for	for	ADP
ftr-490	326	3	the	the	DET
ftr-490	326	4	respondents	respondent	NOUN
ftr-490	326	5	,	,	PUNCT
ftr-490	326	6	commissioner	commissioner	NOUN
ftr-490	326	7	v.	v.	PROPN
ftr-490	326	8	tufts	tuft	NOUN
ftr-490	326	9	,	,	PUNCT
ftr-490	326	10	461	461	NUM
ftr-490	326	11	u.s	u.s	PROPN
ftr-490	326	12	.	.	PROPN
ftr-490	326	13	300	300	NUM
ftr-490	326	14	(	(	PUNCT
ftr-490	326	15	1983	1983	NUM
ftr-490	326	16	)	)	PUNCT
ftr-490	326	17	(	(	PUNCT
ftr-490	326	18	no	no	INTJ
ftr-490	326	19	.	.	NOUN
ftr-490	326	20	81	81	NUM
ftr-490	326	21	-	-	PUNCT
ftr-490	326	22	1536	1536	NUM
ftr-490	326	23	)	)	PUNCT
ftr-490	326	24	.	.	PUNCT
ftr-490	327	1	perhaps	perhaps	ADV
ftr-490	327	2	recognizing	recognize	VERB
ftr-490	327	3	that	that	SCONJ
ftr-490	327	4	if	if	SCONJ
ftr-490	327	5	the	the	DET
ftr-490	327	6	court	court	NOUN
ftr-490	327	7	agreed	agree	VERB
ftr-490	327	8	with	with	ADP
ftr-490	327	9	that	that	DET
ftr-490	327	10	proposition	proposition	NOUN
ftr-490	327	11	it	it	PRON
ftr-490	327	12	might	might	AUX
ftr-490	327	13	conclude	conclude	VERB
ftr-490	327	14	that	that	SCONJ
ftr-490	327	15	tufts	tuft	NOUN
ftr-490	327	16	nevertheless	nevertheless	ADV
ftr-490	327	17	realized	realize	VERB
ftr-490	327	18	cod	cod	NOUN
ftr-490	327	19	income	income	NOUN
ftr-490	327	20	,	,	PUNCT
ftr-490	327	21	the	the	DET
ftr-490	327	22	brief	brief	NOUN
ftr-490	327	23	also	also	ADV
ftr-490	327	24	argued	argue	VERB
ftr-490	327	25	that	that	SCONJ
ftr-490	327	26	,	,	PUNCT
ftr-490	327	27	"	"	PUNCT
ftr-490	327	28	this	this	DET
ftr-490	327	29	case	case	NOUN
ftr-490	327	30	involves	involve	VERB
ftr-490	327	31	only	only	ADV
ftr-490	327	32	'	'	PUNCT
ftr-490	327	33	amount	amount	NOUN
ftr-490	327	34	realized	realize	VERB
ftr-490	327	35	'	'	PUNCT
ftr-490	327	36	upon	upon	SCONJ
ftr-490	327	37	the	the	DET
ftr-490	327	38	'	'	PUNCT
ftr-490	327	39	sale	sale	NOUN
ftr-490	327	40	or	or	CCONJ
ftr-490	327	41	disposition	disposition	NOUN
ftr-490	327	42	'	'	PUNCT
ftr-490	327	43	of	of	ADP
ftr-490	327	44	...	...	PUNCT
ftr-490	328	1	[	[	X
ftr-490	328	2	propertyl	propertyl	NOUN
ftr-490	328	3	and	and	CCONJ
ftr-490	328	4	not	not	PART
ftr-490	328	5	cancellation	cancellation	NOUN
ftr-490	328	6	of	of	ADP
ftr-490	328	7	indebtedness	indebtedness	NOUN
ftr-490	328	8	income	income	NOUN
ftr-490	328	9	.	.	PUNCT
ftr-490	328	10	"	"	PUNCT
ftr-490	329	1	i	i	PRON
ftr-490	329	2	d.	d.	PROPN
ftr-490	329	3	at	at	ADP
ftr-490	329	4	10	10	NUM
ftr-490	329	5	.	.	PUNCT
ftr-490	330	1	in	in	ADP
ftr-490	330	2	support	support	NOUN
ftr-490	330	3	of	of	ADP
ftr-490	330	4	this	this	DET
ftr-490	330	5	proposition	proposition	NOUN
ftr-490	330	6	.	.	PUNCT
ftr-490	331	1	the	the	DET
ftr-490	331	2	brief	brief	NOUN
ftr-490	331	3	conceded	concede	VERB
ftr-490	331	4	that	that	SCONJ
ftr-490	331	5	although	although	SCONJ
ftr-490	331	6	cod	cod	NOUN
ftr-490	331	7	income	income	NOUN
ftr-490	331	8	would	would	AUX
ftr-490	331	9	be	be	AUX
ftr-490	331	10	realized	realize	VERB
ftr-490	331	11	if	if	SCONJ
ftr-490	331	12	the	the	DET
ftr-490	331	13	debt	debt	NOUN
ftr-490	331	14	had	have	AUX
ftr-490	331	15	been	be	AUX
ftr-490	331	16	recourse	recourse	NOUN
ftr-490	331	17	(	(	PUNCT
ftr-490	331	18	i	i	PRON
ftr-490	331	19	d.	d.	PROPN
ftr-490	331	20	at	at	ADP
ftr-490	331	21	13	13	NUM
ftr-490	331	22	-	-	SYM
ftr-490	331	23	14	14	NUM
ftr-490	331	24	)	)	PUNCT
ftr-490	331	25	.	.	PUNCT
ftr-490	332	1	no	no	DET
ftr-490	332	2	cod	cod	NOUN
ftr-490	332	3	income	income	NOUN
ftr-490	332	4	can	can	AUX
ftr-490	332	5	be	be	AUX
ftr-490	332	6	realized	realize	VERB
ftr-490	332	7	with	with	ADP
ftr-490	332	8	respect	respect	NOUN
ftr-490	332	9	to	to	ADP
ftr-490	332	10	nonrecourse	nonrecourse	NOUN
ftr-490	332	11	debt	debt	NOUN
ftr-490	332	12	because	because	SCONJ
ftr-490	332	13	"	"	PUNCT
ftr-490	332	14	non	non	ADJ
ftr-490	332	15	-	-	ADJ
ftr-490	332	16	recourse	recourse	ADJ
ftr-490	332	17	debt	debt	NOUN
ftr-490	332	18	is	be	AUX
ftr-490	332	19	not	not	PART
ftr-490	332	20	truly	truly	ADV
ftr-490	332	21	debt	debt	NOUN
ftr-490	332	22	....	....	PUNCT
ftr-490	333	1	economically	economically	ADV
ftr-490	333	2	,	,	PUNCT
ftr-490	333	3	non	non	ADJ
ftr-490	333	4	-	-	ADJ
ftr-490	333	5	recourse	recourse	ADJ
ftr-490	333	6	obligations	obligation	NOUN
ftr-490	333	7	are	be	AUX
ftr-490	333	8	not	not	PART
ftr-490	333	9	true	true	ADJ
ftr-490	333	10	debt	debt	NOUN
ftr-490	333	11	at	at	ADV
ftr-490	333	12	all	all	ADV
ftr-490	333	13	.	.	PUNCT
ftr-490	334	1	no	no	DET
ftr-490	334	2	one	one	NOUN
ftr-490	334	3	owes	owe	VERB
ftr-490	334	4	the	the	DET
ftr-490	334	5	debt	debt	NOUN
ftr-490	334	6	or	or	CCONJ
ftr-490	334	7	has	have	AUX
ftr-490	334	8	promised	promise	VERB
ftr-490	334	9	to	to	PART
ftr-490	334	10	repay	repay	VERB
ftr-490	334	11	it	it	PRON
ftr-490	334	12	.	.	PUNCT
ftr-490	334	13	"	"	PUNCT
ftr-490	335	1	i	i	PRON
ftr-490	335	2	d.	d.	PROPN
ftr-490	335	3	at	at	ADP
ftr-490	335	4	16	16	NUM
ftr-490	335	5	-	-	SYM
ftr-490	335	6	17	17	NUM
ftr-490	335	7	.	.	PUNCT
ftr-490	336	1	the	the	DET
ftr-490	336	2	brief	brief	NOUN
ftr-490	336	3	recognized	recognize	VERB
ftr-490	336	4	that	that	SCONJ
ftr-490	336	5	a	a	DET
ftr-490	336	6	loophole	loophole	NOUN
ftr-490	336	7	existed	exist	VERB
ftr-490	336	8	if	if	SCONJ
ftr-490	336	9	the	the	DET
ftr-490	336	10	debt	debt	NOUN
ftr-490	336	11	relief	relief	NOUN
ftr-490	336	12	neither	neither	CCONJ
ftr-490	336	13	created	create	VERB
ftr-490	336	14	amount	amount	NOUN
ftr-490	336	15	realized	realize	VERB
ftr-490	336	16	nor	nor	CCONJ
ftr-490	336	17	created	create	VERB
ftr-490	336	18	cod	cod	NOUN
ftr-490	336	19	income	income	NOUN
ftr-490	336	20	but	but	CCONJ
ftr-490	336	21	that	that	SCONJ
ftr-490	336	22	it	it	PRON
ftr-490	336	23	was	be	AUX
ftr-490	336	24	congress	congress	PROPN
ftr-490	336	25	's	's	PART
ftr-490	336	26	job	job	NOUN
ftr-490	336	27	to	to	PART
ftr-490	336	28	close	close	VERB
ftr-490	336	29	it	it	PRON
ftr-490	336	30	.	.	PUNCT
ftr-490	337	1	"	"	PUNCT
ftr-490	337	2	petitioner	petitioner	NOUN
ftr-490	337	3	contends	contend	VERB
ftr-490	337	4	that	that	SCONJ
ftr-490	337	5	this	this	DET
ftr-490	337	6	court	court	NOUN
ftr-490	337	7	should	should	AUX
ftr-490	337	8	close	close	VERB
ftr-490	337	9	the	the	DET
ftr-490	337	10	non	non	ADJ
ftr-490	337	11	-	-	ADJ
ftr-490	337	12	recourse	recourse	ADJ
ftr-490	337	13	loophole	loophole	NOUN
ftr-490	337	14	by	by	ADP
ftr-490	337	15	expanding	expand	VERB
ftr-490	337	16	section	section	NOUN
ftr-490	337	17	1001(b	1001(b	NUM
ftr-490	337	18	)	)	PUNCT
ftr-490	337	19	because	because	SCONJ
ftr-490	337	20	congress	congress	PROPN
ftr-490	337	21	has	have	AUX
ftr-490	337	22	not	not	PART
ftr-490	337	23	seen	see	VERB
ftr-490	337	24	fit	fit	ADJ
ftr-490	337	25	to	to	PART
ftr-490	337	26	do	do	VERB
ftr-490	337	27	so	so	ADV
ftr-490	337	28	.	.	PUNCT
ftr-490	338	1	respondents	respondent	NOUN
ftr-490	338	2	contend	contend	VERB
ftr-490	338	3	to	to	ADP
ftr-490	338	4	the	the	DET
ftr-490	338	5	contrary	contrary	NOUN
ftr-490	338	6	,	,	PUNCT
ftr-490	338	7	for	for	ADP
ftr-490	338	8	exactly	exactly	ADV
ftr-490	338	9	the	the	DET
ftr-490	338	10	same	same	ADJ
ftr-490	338	11	reason	reason	NOUN
ftr-490	338	12	.	.	PUNCT
ftr-490	338	13	"	"	PUNCT
ftr-490	339	1	i	i	PRON
ftr-490	339	2	d.	d.	PROPN
ftr-490	339	3	at	at	ADP
ftr-490	339	4	17	17	NUM
ftr-490	339	5	.	.	PUNCT
ftr-490	340	1	45	45	NUM
ftr-490	340	2	.	.	PUNCT
ftr-490	341	1	see	see	VERB
ftr-490	341	2	supra	supra	PROPN
ftr-490	341	3	note	note	PROPN
ftr-490	341	4	8	8	NUM
ftr-490	341	5	(	(	PUNCT
ftr-490	341	6	discussing	discuss	VERB
ftr-490	341	7	the	the	DET
ftr-490	341	8	section	section	NOUN
ftr-490	341	9	108	108	NUM
ftr-490	341	10	exclusion	exclusion	NOUN
ftr-490	341	11	for	for	ADP
ftr-490	341	12	insolvent	insolvent	ADJ
ftr-490	341	13	and	and	CCONJ
ftr-490	341	14	bankrupt	bankrupt	ADJ
ftr-490	341	15	taxpayers	taxpayer	NOUN
ftr-490	341	16	)	)	PUNCT
ftr-490	341	17	.	.	PUNCT
ftr-490	342	1	1992	1992	NUM
ftr-490	342	2	]	]	PUNCT
ftr-490	342	3	florida	florida	PROPN
ftr-490	342	4	tax	tax	NOUN
ftr-490	342	5	review	review	NOUN
ftr-490	342	6	accession	accession	NOUN
ftr-490	342	7	to	to	ADP
ftr-490	342	8	wealth	wealth	NOUN
ftr-490	342	9	,	,	PUNCT
ftr-490	342	10	the	the	DET
ftr-490	342	11	sole	sole	ADJ
ftr-490	342	12	method	method	NOUN
ftr-490	342	13	to	to	PART
ftr-490	342	14	ensure	ensure	VERB
ftr-490	342	15	its	its	PRON
ftr-490	342	16	taxation	taxation	NOUN
ftr-490	342	17	was	be	AUX
ftr-490	342	18	to	to	PART
ftr-490	342	19	include	include	VERB
ftr-490	342	20	it	it	PRON
ftr-490	342	21	in	in	ADP
ftr-490	342	22	the	the	DET
ftr-490	342	23	amount	amount	NOUN
ftr-490	342	24	realized	realize	VERB
ftr-490	342	25	on	on	ADP
ftr-490	342	26	the	the	DET
ftr-490	342	27	property	property	NOUN
ftr-490	342	28	disposition	disposition	NOUN
ftr-490	342	29	.	.	PUNCT
ftr-490	343	1	the	the	DET
ftr-490	343	2	single	single	ADJ
ftr-490	343	3	question	question	NOUN
ftr-490	343	4	presented	present	VERB
ftr-490	343	5	by	by	ADP
ftr-490	343	6	the	the	DET
ftr-490	343	7	government	government	NOUN
ftr-490	343	8	in	in	ADP
ftr-490	343	9	its	its	PRON
ftr-490	343	10	petition	petition	NOUN
ftr-490	343	11	was	be	AUX
ftr-490	343	12	:	:	PUNCT
ftr-490	343	13	whether	whether	SCONJ
ftr-490	343	14	a	a	DET
ftr-490	343	15	person	person	NOUN
ftr-490	343	16	who	who	PRON
ftr-490	343	17	owns	own	VERB
ftr-490	343	18	property	property	NOUN
ftr-490	343	19	subject	subject	NOUN
ftr-490	343	20	to	to	ADP
ftr-490	343	21	mortgage	mortgage	NOUN
ftr-490	343	22	indebtedness	indebtedness	NOUN
ftr-490	343	23	for	for	ADP
ftr-490	343	24	which	which	PRON
ftr-490	343	25	he	he	PRON
ftr-490	343	26	assumes	assume	VERB
ftr-490	343	27	no	no	DET
ftr-490	343	28	personal	personal	ADJ
ftr-490	343	29	liability	liability	NOUN
ftr-490	343	30	(	(	PUNCT
ftr-490	343	31	nonrecourse	nonrecourse	NOUN
ftr-490	343	32	debt	debt	NOUN
ftr-490	343	33	)	)	PUNCT
ftr-490	343	34	,	,	PUNCT
ftr-490	343	35	where	where	SCONJ
ftr-490	343	36	such	such	ADJ
ftr-490	343	37	indebtedness	indebtedness	NOUN
ftr-490	343	38	is	be	AUX
ftr-490	343	39	properly	properly	ADV
ftr-490	343	40	includable	includable	ADJ
ftr-490	343	41	in	in	ADP
ftr-490	343	42	his	his	PRON
ftr-490	343	43	tax	tax	NOUN
ftr-490	343	44	basis	basis	NOUN
ftr-490	343	45	of	of	ADP
ftr-490	343	46	the	the	DET
ftr-490	343	47	property	property	NOUN
ftr-490	343	48	for	for	ADP
ftr-490	343	49	depreciation	depreciation	NOUN
ftr-490	343	50	and	and	CCONJ
ftr-490	343	51	other	other	ADJ
ftr-490	343	52	purposes	purpose	NOUN
ftr-490	343	53	,	,	PUNCT
ftr-490	343	54	must	must	AUX
ftr-490	343	55	likewise	likewise	ADV
ftr-490	343	56	include	include	VERB
ftr-490	343	57	the	the	DET
ftr-490	343	58	full	full	ADJ
ftr-490	343	59	measure	measure	NOUN
ftr-490	343	60	of	of	ADP
ftr-490	343	61	the	the	DET
ftr-490	343	62	indebtedness	indebtedness	NOUN
ftr-490	343	63	as	as	ADP
ftr-490	343	64	an	an	DET
ftr-490	343	65	"	"	PUNCT
ftr-490	343	66	amount	amount	NOUN
ftr-490	343	67	realized	realize	VERB
ftr-490	343	68	"	"	PUNCT
ftr-490	343	69	when	when	SCONJ
ftr-490	343	70	he	he	PRON
ftr-490	343	71	disposes	dispose	VERB
ftr-490	343	72	of	of	ADP
ftr-490	343	73	the	the	DET
ftr-490	343	74	property	property	NOUN
ftr-490	343	75	subject	subject	NOUN
ftr-490	343	76	to	to	ADP
ftr-490	343	77	the	the	DET
ftr-490	343	78	mortgage	mortgage	NOUN
ftr-490	343	79	,	,	PUNCT
ftr-490	343	80	whatever	whatever	PRON
ftr-490	343	81	the	the	DET
ftr-490	343	82	fair	fair	ADJ
ftr-490	343	83	market	market	NOUN
ftr-490	343	84	value	value	NOUN
ftr-490	343	85	of	of	ADP
ftr-490	343	86	the	the	DET
ftr-490	343	87	property	property	NOUN
ftr-490	343	88	at	at	ADP
ftr-490	343	89	the	the	DET
ftr-490	343	90	time	time	NOUN
ftr-490	343	91	of	of	ADP
ftr-490	343	92	the	the	DET
ftr-490	343	93	disposition.46	disposition.46	NOUN
ftr-490	343	94	the	the	DET
ftr-490	343	95	government	government	NOUN
ftr-490	343	96	's	's	PART
ftr-490	343	97	principal	principal	ADJ
ftr-490	343	98	brief	brief	NOUN
ftr-490	343	99	rephrased	rephrase	VERB
ftr-490	343	100	the	the	DET
ftr-490	343	101	question	question	NOUN
ftr-490	343	102	a	a	DET
ftr-490	343	103	little	little	ADJ
ftr-490	343	104	which	which	PRON
ftr-490	343	105	,	,	PUNCT
ftr-490	343	106	if	if	SCONJ
ftr-490	343	107	anything	anything	PRON
ftr-490	343	108	,	,	PUNCT
ftr-490	343	109	served	serve	VERB
ftr-490	343	110	to	to	PART
ftr-490	343	111	stress	stress	VERB
ftr-490	343	112	the	the	DET
ftr-490	343	113	computation	computation	NOUN
ftr-490	343	114	of	of	ADP
ftr-490	343	115	gain	gain	NOUN
ftr-490	343	116	or	or	CCONJ
ftr-490	343	117	loss	loss	NOUN
ftr-490	343	118	under	under	ADP
ftr-490	343	119	section	section	NOUN
ftr-490	343	120	1001	1001	NUM
ftr-490	343	121	.	.	PUNCT
ftr-490	344	1	whether	whether	SCONJ
ftr-490	344	2	,	,	PUNCT
ftr-490	344	3	for	for	ADP
ftr-490	344	4	purposes	purpose	NOUN
ftr-490	344	5	of	of	ADP
ftr-490	344	6	computing	compute	VERB
ftr-490	344	7	gain	gain	NOUN
ftr-490	344	8	or	or	CCONJ
ftr-490	344	9	loss	loss	NOUN
ftr-490	344	10	for	for	ADP
ftr-490	344	11	tax	tax	NOUN
ftr-490	344	12	purposes	purpose	NOUN
ftr-490	344	13	,	,	PUNCT
ftr-490	344	14	a	a	DET
ftr-490	344	15	person	person	NOUN
ftr-490	344	16	who	who	PRON
ftr-490	344	17	owns	own	VERB
ftr-490	344	18	property	property	NOUN
ftr-490	344	19	subject	subject	NOUN
ftr-490	344	20	to	to	ADP
ftr-490	344	21	mortgage	mortgage	NOUN
ftr-490	344	22	indebtedness	indebtedness	NOUN
ftr-490	344	23	for	for	ADP
ftr-490	344	24	which	which	PRON
ftr-490	344	25	he	he	PRON
ftr-490	344	26	assumes	assume	VERB
ftr-490	344	27	no	no	DET
ftr-490	344	28	personal	personal	ADJ
ftr-490	344	29	liability	liability	NOUN
ftr-490	344	30	(	(	PUNCT
ftr-490	344	31	nonrecourse	nonrecourse	NOUN
ftr-490	344	32	debt	debt	NOUN
ftr-490	344	33	)	)	PUNCT
ftr-490	344	34	and	and	CCONJ
ftr-490	344	35	who	who	PRON
ftr-490	344	36	properly	properly	ADV
ftr-490	344	37	includes	include	VERB
ftr-490	344	38	the	the	DET
ftr-490	344	39	funds	fund	NOUN
ftr-490	344	40	borrowed	borrow	VERB
ftr-490	344	41	under	under	ADP
ftr-490	344	42	the	the	DET
ftr-490	344	43	mortgage	mortgage	NOUN
ftr-490	344	44	in	in	ADP
ftr-490	344	45	his	his	PRON
ftr-490	344	46	cost	cost	NOUN
ftr-490	344	47	basis	basis	NOUN
ftr-490	344	48	of	of	ADP
ftr-490	344	49	the	the	DET
ftr-490	344	50	property	property	NOUN
ftr-490	344	51	for	for	ADP
ftr-490	344	52	depreciation	depreciation	NOUN
ftr-490	344	53	and	and	CCONJ
ftr-490	344	54	other	other	ADJ
ftr-490	344	55	purposes	purpose	NOUN
ftr-490	344	56	,	,	PUNCT
ftr-490	344	57	must	must	AUX
ftr-490	344	58	likewise	likewise	ADV
ftr-490	344	59	include	include	VERB
ftr-490	344	60	the	the	DET
ftr-490	344	61	full	full	ADJ
ftr-490	344	62	measure	measure	NOUN
ftr-490	344	63	of	of	ADP
ftr-490	344	64	the	the	DET
ftr-490	344	65	unrepaid	unrepaid	ADJ
ftr-490	344	66	indebtedness	indebtedness	NOUN
ftr-490	344	67	as	as	ADP
ftr-490	344	68	an	an	DET
ftr-490	344	69	"	"	PUNCT
ftr-490	344	70	amount	amount	NOUN
ftr-490	344	71	realized	realize	VERB
ftr-490	344	72	"	"	PUNCT
ftr-490	344	73	when	when	SCONJ
ftr-490	344	74	he	he	PRON
ftr-490	344	75	disposes	dispose	VERB
ftr-490	344	76	of	of	ADP
ftr-490	344	77	the	the	DET
ftr-490	344	78	property	property	NOUN
ftr-490	344	79	subject	subject	NOUN
ftr-490	344	80	to	to	ADP
ftr-490	344	81	the	the	DET
ftr-490	344	82	mortgage	mortgage	NOUN
ftr-490	344	83	,	,	PUNCT
ftr-490	344	84	whatever	whatever	PRON
ftr-490	344	85	the	the	DET
ftr-490	344	86	fair	fair	ADJ
ftr-490	344	87	market	market	NOUN
ftr-490	344	88	value	value	NOUN
ftr-490	344	89	of	of	ADP
ftr-490	344	90	the	the	DET
ftr-490	344	91	property	property	NOUN
ftr-490	344	92	at	at	ADP
ftr-490	344	93	the	the	DET
ftr-490	344	94	time	time	NOUN
ftr-490	344	95	of	of	ADP
ftr-490	344	96	the	the	DET
ftr-490	344	97	disposition.47	disposition.47	NOUN
ftr-490	344	98	the	the	DET
ftr-490	344	99	brief	brief	ADJ
ftr-490	344	100	toys	toy	NOUN
ftr-490	344	101	a	a	DET
ftr-490	344	102	little	little	ADJ
ftr-490	344	103	with	with	ADP
ftr-490	344	104	the	the	DET
ftr-490	344	105	notion	notion	NOUN
ftr-490	344	106	of	of	ADP
ftr-490	344	107	cod	cod	NOUN
ftr-490	344	108	income	income	NOUN
ftr-490	344	109	but	but	CCONJ
ftr-490	344	110	does	do	VERB
ftr-490	344	111	so	so	ADV
ftr-490	344	112	only	only	ADV
ftr-490	344	113	to	to	PART
ftr-490	344	114	support	support	VERB
ftr-490	344	115	the	the	DET
ftr-490	344	116	argument	argument	NOUN
ftr-490	344	117	that	that	SCONJ
ftr-490	344	118	relief	relief	NOUN
ftr-490	344	119	from	from	ADP
ftr-490	344	120	the	the	DET
ftr-490	344	121	nonrecourse	nonrecourse	NOUN
ftr-490	344	122	indebtedness	indebtedness	NOUN
ftr-490	344	123	in	in	ADP
ftr-490	344	124	excess	excess	NOUN
ftr-490	344	125	of	of	ADP
ftr-490	344	126	the	the	DET
ftr-490	344	127	property	property	NOUN
ftr-490	344	128	's	's	PART
ftr-490	344	129	fair	fair	ADJ
ftr-490	344	130	market	market	NOUN
ftr-490	344	131	value	value	NOUN
ftr-490	344	132	constitutes	constitute	VERB
ftr-490	344	133	an	an	DET
ftr-490	344	134	accession	accession	NOUN
ftr-490	344	135	to	to	ADP
ftr-490	344	136	wealth.4	wealth.4	PROPN
ftr-490	344	137	'	'	PUNCT
ftr-490	344	138	the	the	DET
ftr-490	344	139	brief	brief	NOUN
ftr-490	344	140	then	then	ADV
ftr-490	344	141	immediately	immediately	ADV
ftr-490	344	142	goes	go	VERB
ftr-490	344	143	on	on	ADP
ftr-490	344	144	to	to	PART
ftr-490	344	145	characterize	characterize	VERB
ftr-490	344	146	that	that	DET
ftr-490	344	147	accession	accession	NOUN
ftr-490	344	148	to	to	ADP
ftr-490	344	149	wealth	wealth	NOUN
ftr-490	344	150	not	not	PART
ftr-490	344	151	as	as	ADP
ftr-490	344	152	cod	cod	NOUN
ftr-490	344	153	income	income	NOUN
ftr-490	344	154	(	(	PUNCT
ftr-490	344	155	because	because	SCONJ
ftr-490	344	156	related	relate	VERB
ftr-490	344	157	to	to	ADP
ftr-490	344	158	the	the	DET
ftr-490	344	159	failure	failure	NOUN
ftr-490	344	160	to	to	PART
ftr-490	344	161	repay	repay	VERB
ftr-490	344	162	the	the	DET
ftr-490	344	163	full	full	ADJ
ftr-490	344	164	principal	principal	ADJ
ftr-490	344	165	amount	amount	NOUN
ftr-490	344	166	of	of	ADP
ftr-490	344	167	the	the	DET
ftr-490	344	168	debt	debt	NOUN
ftr-490	344	169	)	)	PUNCT
ftr-490	344	170	but	but	CCONJ
ftr-490	344	171	as	as	ADP
ftr-490	344	172	amount	amount	VERB
ftr-490	344	173	realized.49	realized.49	PRON
ftr-490	344	174	if	if	SCONJ
ftr-490	344	175	the	the	DET
ftr-490	344	176	theoretical	theoretical	ADJ
ftr-490	344	177	basis	basis	NOUN
ftr-490	344	178	for	for	ADP
ftr-490	344	179	excluding	exclude	VERB
ftr-490	344	180	the	the	DET
ftr-490	344	181	proceeds	proceed	NOUN
ftr-490	344	182	of	of	ADP
ftr-490	344	183	a	a	DET
ftr-490	344	184	loan	loan	NOUN
ftr-490	344	185	from	from	ADP
ftr-490	344	186	the	the	DET
ftr-490	344	187	gross	gross	ADJ
ftr-490	344	188	income	income	NOUN
ftr-490	344	189	of	of	ADP
ftr-490	344	190	the	the	DET
ftr-490	344	191	borrower	borrower	NOUN
ftr-490	344	192	is	be	AUX
ftr-490	344	193	the	the	DET
ftr-490	344	194	existence	existence	NOUN
ftr-490	344	195	46	46	NUM
ftr-490	344	196	.	.	PUNCT
ftr-490	345	1	petition	petition	NOUN
ftr-490	345	2	for	for	ADP
ftr-490	345	3	writ	writ	NOUN
ftr-490	345	4	of	of	ADP
ftr-490	345	5	certiorari	certiorari	NOUN
ftr-490	345	6	to	to	ADP
ftr-490	345	7	the	the	DET
ftr-490	345	8	united	united	PROPN
ftr-490	345	9	states	states	PROPN
ftr-490	345	10	court	court	PROPN
ftr-490	345	11	of	of	ADP
ftr-490	345	12	appeals	appeal	NOUN
ftr-490	345	13	for	for	ADP
ftr-490	345	14	the	the	DET
ftr-490	345	15	fifth	fifth	ADJ
ftr-490	345	16	circuit	circuit	NOUN
ftr-490	345	17	at	at	ADP
ftr-490	345	18	(	(	PUNCT
ftr-490	345	19	i	i	NOUN
ftr-490	345	20	)	)	PUNCT
ftr-490	345	21	,	,	PUNCT
ftr-490	345	22	commissioner	commissioner	NOUN
ftr-490	345	23	v.	v.	PROPN
ftr-490	345	24	tufts	tuft	NOUN
ftr-490	345	25	,	,	PUNCT
ftr-490	345	26	461	461	NUM
ftr-490	345	27	u.s	u.s	PROPN
ftr-490	345	28	.	.	PROPN
ftr-490	345	29	300	300	NUM
ftr-490	345	30	(	(	PUNCT
ftr-490	345	31	1983	1983	NUM
ftr-490	345	32	)	)	PUNCT
ftr-490	345	33	(	(	PUNCT
ftr-490	345	34	no	no	INTJ
ftr-490	345	35	.	.	NOUN
ftr-490	345	36	81	81	NUM
ftr-490	345	37	-	-	PUNCT
ftr-490	345	38	1536	1536	NUM
ftr-490	345	39	)	)	PUNCT
ftr-490	345	40	.	.	PUNCT
ftr-490	346	1	47	47	NUM
ftr-490	346	2	.	.	PUNCT
ftr-490	346	3	brief	brief	ADJ
ftr-490	346	4	for	for	ADP
ftr-490	346	5	the	the	DET
ftr-490	346	6	petitioner	petitioner	NOUN
ftr-490	346	7	at	at	ADP
ftr-490	346	8	(	(	PUNCT
ftr-490	346	9	i	i	NOUN
ftr-490	346	10	)	)	PUNCT
ftr-490	346	11	,	,	PUNCT
ftr-490	346	12	tufts	tuft	NOUN
ftr-490	346	13	,	,	PUNCT
ftr-490	346	14	(	(	PUNCT
ftr-490	346	15	no	no	INTJ
ftr-490	346	16	.	.	NOUN
ftr-490	346	17	81	81	NUM
ftr-490	346	18	-	-	PUNCT
ftr-490	346	19	1536	1536	NUM
ftr-490	346	20	)	)	PUNCT
ftr-490	346	21	.	.	PUNCT
ftr-490	347	1	48	48	NUM
ftr-490	347	2	.	.	PUNCT
ftr-490	348	1	see	see	VERB
ftr-490	348	2	i	i	PRON
ftr-490	348	3	d.	d.	PROPN
ftr-490	348	4	at	at	ADP
ftr-490	348	5	11	11	NUM
ftr-490	348	6	-	-	SYM
ftr-490	348	7	13	13	NUM
ftr-490	348	8	.	.	PUNCT
ftr-490	348	9	49	49	NUM
ftr-490	348	10	.	.	PUNCT
ftr-490	349	1	see	see	VERB
ftr-490	349	2	i	i	PRON
ftr-490	349	3	d.	d.	PROPN
ftr-490	349	4	at	at	ADP
ftr-490	349	5	15	15	NUM
ftr-490	349	6	-	-	SYM
ftr-490	349	7	16	16	NUM
ftr-490	349	8	.	.	PUNCT
ftr-490	350	1	[	[	X
ftr-490	350	2	vol	vol	NOUN
ftr-490	350	3	1:3	1:3	NUM
ftr-490	350	4	tufts	tuft	NOUN
ftr-490	350	5	and	and	CCONJ
ftr-490	350	6	the	the	DET
ftr-490	350	7	evolution	evolution	NOUN
ftr-490	350	8	of	of	ADP
ftr-490	350	9	debt	debt	NOUN
ftr-490	350	10	-	-	PUNCT
ftr-490	350	11	dischar'ge	dischar'ge	NOUN
ftr-490	350	12	theory	theory	NOUN
ftr-490	350	13	of	of	ADP
ftr-490	350	14	an	an	DET
ftr-490	350	15	offsetting	offset	VERB
ftr-490	350	16	liability	liability	NOUN
ftr-490	350	17	to	to	PART
ftr-490	350	18	repay	repay	VERB
ftr-490	350	19	the	the	DET
ftr-490	350	20	loan	loan	NOUN
ftr-490	350	21	,	,	PUNCT
ftr-490	350	22	then	then	ADV
ftr-490	350	23	the	the	DET
ftr-490	350	24	termination	termination	NOUN
ftr-490	350	25	of	of	ADP
ftr-490	350	26	that	that	DET
ftr-490	350	27	liability	liability	NOUN
ftr-490	350	28	with	with	ADP
ftr-490	350	29	the	the	DET
ftr-490	350	30	repayment	repayment	NOUN
ftr-490	350	31	in	in	ADP
ftr-490	350	32	cash	cash	NOUN
ftr-490	350	33	of	of	ADP
ftr-490	350	34	less	less	ADJ
ftr-490	350	35	than	than	ADP
ftr-490	350	36	the	the	DET
ftr-490	350	37	amount	amount	NOUN
ftr-490	350	38	received	receive	VERB
ftr-490	350	39	should	should	AUX
ftr-490	350	40	normally	normally	ADV
ftr-490	350	41	give	give	VERB
ftr-490	350	42	rise	rise	NOUN
ftr-490	350	43	to	to	ADP
ftr-490	350	44	taxable	taxable	ADJ
ftr-490	350	45	income	income	NOUN
ftr-490	350	46	.	.	PUNCT
ftr-490	351	1	the	the	DET
ftr-490	351	2	classic	classic	ADJ
ftr-490	351	3	illustration	illustration	NOUN
ftr-490	351	4	of	of	ADP
ftr-490	351	5	that	that	DET
ftr-490	351	6	principle	principle	NOUN
ftr-490	351	7	is	be	AUX
ftr-490	351	8	this	this	DET
ftr-490	351	9	court	court	NOUN
ftr-490	351	10	's	's	PART
ftr-490	351	11	decision	decision	NOUN
ftr-490	351	12	in	in	ADP
ftr-490	351	13	united	united	PROPN
ftr-490	351	14	states	states	PROPN
ftr-490	351	15	v.	v.	PROPN
ftr-490	351	16	kirby	kirby	PROPN
ftr-490	351	17	lumber	lumber	PROPN
ftr-490	351	18	co.	co.	PROPN
ftr-490	351	19	,	,	PUNCT
ftr-490	351	20	284	284	NUM
ftr-490	351	21	u.s	u.s	PROPN
ftr-490	351	22	.	.	PROPN
ftr-490	351	23	1	1	NUM
ftr-490	351	24	(	(	PUNCT
ftr-490	351	25	1931	1931	NUM
ftr-490	351	26	)	)	PUNCT
ftr-490	351	27	.	.	PUNCT
ftr-490	352	1	there	there	ADV
ftr-490	352	2	,	,	PUNCT
ftr-490	352	3	the	the	DET
ftr-490	352	4	court	court	NOUN
ftr-490	352	5	held	hold	VERB
ftr-490	352	6	that	that	SCONJ
ftr-490	352	7	where	where	SCONJ
ftr-490	352	8	a	a	DET
ftr-490	352	9	corporation	corporation	NOUN
ftr-490	352	10	purchased	purchase	VERB
ftr-490	352	11	and	and	CCONJ
ftr-490	352	12	retired	retire	VERB
ftr-490	352	13	some	some	PRON
ftr-490	352	14	of	of	ADP
ftr-490	352	15	its	its	PRON
ftr-490	352	16	own	own	ADJ
ftr-490	352	17	bonds	bond	NOUN
ftr-490	352	18	for	for	ADP
ftr-490	352	19	less	less	ADJ
ftr-490	352	20	than	than	ADP
ftr-490	352	21	their	their	PRON
ftr-490	352	22	par	par	NOUN
ftr-490	352	23	value	value	NOUN
ftr-490	352	24	(	(	PUNCT
ftr-490	352	25	which	which	PRON
ftr-490	352	26	it	it	PRON
ftr-490	352	27	had	have	AUX
ftr-490	352	28	received	receive	VERB
ftr-490	352	29	for	for	ADP
ftr-490	352	30	them	they	PRON
ftr-490	352	31	when	when	SCONJ
ftr-490	352	32	issued	issue	VERB
ftr-490	352	33	)	)	PUNCT
ftr-490	352	34	,	,	PUNCT
ftr-490	352	35	the	the	DET
ftr-490	352	36	difference	difference	NOUN
ftr-490	352	37	was	be	AUX
ftr-490	352	38	taxable	taxable	ADJ
ftr-490	352	39	income	income	NOUN
ftr-490	352	40	.	.	PUNCT
ftr-490	353	1	the	the	DET
ftr-490	353	2	taxable	taxable	ADJ
ftr-490	353	3	receipt	receipt	NOUN
ftr-490	353	4	arose	arise	VERB
ftr-490	353	5	upon	upon	SCONJ
ftr-490	353	6	the	the	DET
ftr-490	353	7	cancellation	cancellation	NOUN
ftr-490	353	8	or	or	CCONJ
ftr-490	353	9	discharge	discharge	NOUN
ftr-490	353	10	of	of	ADP
ftr-490	353	11	the	the	DET
ftr-490	353	12	indebtedness	indebtedness	NOUN
ftr-490	353	13	when	when	SCONJ
ftr-490	353	14	the	the	DET
ftr-490	353	15	corporation	corporation	NOUN
ftr-490	353	16	purchased	purchase	VERB
ftr-490	353	17	its	its	PRON
ftr-490	353	18	bonds	bond	NOUN
ftr-490	353	19	for	for	ADP
ftr-490	353	20	less	less	ADJ
ftr-490	353	21	than	than	ADP
ftr-490	353	22	the	the	DET
ftr-490	353	23	liability	liability	NOUN
ftr-490	353	24	they	they	PRON
ftr-490	353	25	represented	represent	VERB
ftr-490	353	26	.	.	PUNCT
ftr-490	354	1	the	the	DET
ftr-490	354	2	proposition	proposition	NOUN
ftr-490	354	3	that	that	SCONJ
ftr-490	354	4	relief	relief	NOUN
ftr-490	354	5	from	from	ADP
ftr-490	354	6	a	a	DET
ftr-490	354	7	liability	liability	NOUN
ftr-490	354	8	can	can	AUX
ftr-490	354	9	be	be	AUX
ftr-490	354	10	treated	treat	VERB
ftr-490	354	11	as	as	ADP
ftr-490	354	12	consideration	consideration	NOUN
ftr-490	354	13	received	receive	VERB
ftr-490	354	14	on	on	ADP
ftr-490	354	15	the	the	DET
ftr-490	354	16	disposition	disposition	NOUN
ftr-490	354	17	of	of	ADP
ftr-490	354	18	property	property	NOUN
ftr-490	354	19	-	-	PUNCT
ftr-490	354	20	i.e.	i.e.	X
ftr-490	354	21	,	,	PUNCT
ftr-490	354	22	part	part	NOUN
ftr-490	354	23	of	of	ADP
ftr-490	354	24	the	the	DET
ftr-490	354	25	"	"	PUNCT
ftr-490	354	26	amount	amount	NOUN
ftr-490	354	27	realized"-is	realized"-is	AUX
ftr-490	354	28	squarely	squarely	ADV
ftr-490	354	29	supported	support	VERB
ftr-490	354	30	by	by	ADP
ftr-490	354	31	crane	crane	NOUN
ftr-490	354	32	v.	v.	PROPN
ftr-490	354	33	commissioner	commissioner	PROPN
ftr-490	354	34	,	,	PUNCT
ftr-490	354	35	331	331	NUM
ftr-490	354	36	u.s	u.s	PROPN
ftr-490	354	37	.	.	PROPN
ftr-490	354	38	1	1	NUM
ftr-490	354	39	(	(	PUNCT
ftr-490	354	40	1947	1947	NUM
ftr-490	354	41	)	)	PUNCT
ftr-490	354	42	,	,	PUNCT
ftr-490	354	43	the	the	DET
ftr-490	354	44	decision	decision	NOUN
ftr-490	354	45	that	that	PRON
ftr-490	354	46	is	be	AUX
ftr-490	354	47	the	the	DET
ftr-490	354	48	focus	focus	NOUN
ftr-490	354	49	of	of	ADP
ftr-490	354	50	this	this	DET
ftr-490	354	51	case	case	NOUN
ftr-490	354	52	.	.	PUNCT
ftr-490	355	1	there	there	ADV
ftr-490	355	2	,	,	PUNCT
ftr-490	355	3	the	the	DET
ftr-490	355	4	court	court	NOUN
ftr-490	355	5	concluded	conclude	VERB
ftr-490	355	6	that	that	SCONJ
ftr-490	355	7	relief	relief	NOUN
ftr-490	355	8	from	from	ADP
ftr-490	355	9	the	the	DET
ftr-490	355	10	obligation	obligation	NOUN
ftr-490	355	11	of	of	ADP
ftr-490	355	12	a	a	DET
ftr-490	355	13	nonrecourse	nonrecourse	NOUN
ftr-490	355	14	mortgage	mortgage	NOUN
ftr-490	355	15	was	be	AUX
ftr-490	355	16	part	part	NOUN
ftr-490	355	17	of	of	ADP
ftr-490	355	18	the	the	DET
ftr-490	355	19	amount	amount	NOUN
ftr-490	355	20	realized	realize	VERB
ftr-490	355	21	by	by	ADP
ftr-490	355	22	the	the	DET
ftr-490	355	23	mortgagor	mortgagor	NOUN
ftr-490	355	24	upon	upon	SCONJ
ftr-490	355	25	the	the	DET
ftr-490	355	26	sale	sale	NOUN
ftr-490	355	27	of	of	ADP
ftr-490	355	28	the	the	DET
ftr-490	355	29	encumbered	encumber	VERB
ftr-490	355	30	property	property	NOUN
ftr-490	355	31	for	for	ADP
ftr-490	355	32	cash	cash	NOUN
ftr-490	355	33	plus	plus	CCONJ
ftr-490	355	34	the	the	DET
ftr-490	355	35	buyer	buyer	NOUN
ftr-490	355	36	's	's	PART
ftr-490	355	37	taking	take	VERB
ftr-490	355	38	subject	subject	NOUN
ftr-490	355	39	to	to	ADP
ftr-490	355	40	the	the	DET
ftr-490	355	41	mortgage	mortgage	NOUN
ftr-490	355	42	.	.	PUNCT
ftr-490	356	1	upon	upon	SCONJ
ftr-490	356	2	such	such	DET
ftr-490	356	3	a	a	DET
ftr-490	356	4	transfer	transfer	NOUN
ftr-490	356	5	,	,	PUNCT
ftr-490	356	6	"	"	PUNCT
ftr-490	356	7	the	the	DET
ftr-490	356	8	benefit	benefit	NOUN
ftr-490	356	9	to	to	ADP
ftr-490	356	10	him	he	PRON
ftr-490	356	11	is	be	AUX
ftr-490	356	12	as	as	ADV
ftr-490	356	13	real	real	ADJ
ftr-490	356	14	and	and	CCONJ
ftr-490	356	15	substantial	substantial	ADJ
ftr-490	356	16	as	as	SCONJ
ftr-490	356	17	if	if	SCONJ
ftr-490	356	18	the	the	DET
ftr-490	356	19	mortgage	mortgage	NOUN
ftr-490	356	20	were	be	AUX
ftr-490	356	21	discharged	discharge	VERB
ftr-490	356	22	,	,	PUNCT
ftr-490	356	23	or	or	CCONJ
ftr-490	356	24	as	as	SCONJ
ftr-490	356	25	if	if	SCONJ
ftr-490	356	26	a	a	DET
ftr-490	356	27	personal	personal	ADJ
ftr-490	356	28	debt	debt	NOUN
ftr-490	356	29	in	in	ADP
ftr-490	356	30	an	an	DET
ftr-490	356	31	equal	equal	ADJ
ftr-490	356	32	amount	amount	NOUN
ftr-490	356	33	had	have	AUX
ftr-490	356	34	been	be	AUX
ftr-490	356	35	assumed	assume	VERB
ftr-490	356	36	by	by	ADP
ftr-490	356	37	another	another	PRON
ftr-490	356	38	.	.	PUNCT
ftr-490	356	39	"	"	PUNCT
ftr-490	357	1	i	i	PRON
ftr-490	357	2	d.	d.	PROPN
ftr-490	357	3	at	at	ADP
ftr-490	357	4	14	14	NUM
ftr-490	357	5	.	.	PUNCT
ftr-490	357	6	'	'	PUNCT
ftr-490	358	1	most	most	ADJ
ftr-490	358	2	troubling	troubling	ADJ
ftr-490	358	3	were	be	AUX
ftr-490	358	4	the	the	DET
ftr-490	358	5	errors	error	NOUN
ftr-490	358	6	in	in	ADP
ftr-490	358	7	omission	omission	NOUN
ftr-490	358	8	as	as	ADV
ftr-490	358	9	well	well	ADV
ftr-490	358	10	as	as	ADP
ftr-490	358	11	commission	commission	NOUN
ftr-490	358	12	in	in	ADP
ftr-490	358	13	dealing	deal	VERB
ftr-490	358	14	with	with	ADP
ftr-490	358	15	the	the	DET
ftr-490	358	16	disparate	disparate	ADJ
ftr-490	358	17	treatment	treatment	NOUN
ftr-490	358	18	of	of	ADP
ftr-490	358	19	recourse	recourse	NOUN
ftr-490	358	20	and	and	CCONJ
ftr-490	358	21	nonrecourse	nonrecourse	NOUN
ftr-490	358	22	debt	debt	NOUN
ftr-490	358	23	in	in	ADP
ftr-490	358	24	the	the	DET
ftr-490	358	25	tufts	tuft	NOUN
ftr-490	358	26	situation	situation	NOUN
ftr-490	358	27	.	.	PUNCT
ftr-490	359	1	the	the	DET
ftr-490	359	2	briefs	brief	NOUN
ftr-490	359	3	not	not	PART
ftr-490	359	4	only	only	ADV
ftr-490	359	5	failed	fail	VERB
ftr-490	359	6	to	to	PART
ftr-490	359	7	alert	alert	VERB
ftr-490	359	8	the	the	DET
ftr-490	359	9	court	court	NOUN
ftr-490	359	10	to	to	ADP
ftr-490	359	11	the	the	DET
ftr-490	359	12	disparate	disparate	ADJ
ftr-490	359	13	treatment	treatment	NOUN
ftr-490	359	14	provided	provide	VERB
ftr-490	359	15	in	in	ADP
ftr-490	359	16	the	the	DET
ftr-490	359	17	regulations	regulation	NOUN
ftr-490	359	18	(	(	PUNCT
ftr-490	359	19	and	and	CCONJ
ftr-490	359	20	thus	thus	ADV
ftr-490	359	21	failed	fail	VERB
ftr-490	359	22	to	to	PART
ftr-490	359	23	argue	argue	VERB
ftr-490	359	24	further	far	ADV
ftr-490	359	25	that	that	SCONJ
ftr-490	359	26	such	such	ADJ
ftr-490	359	27	disparate	disparate	ADJ
ftr-490	359	28	treatment	treatment	NOUN
ftr-490	359	29	was	be	AUX
ftr-490	359	30	justifiable	justifiable	ADJ
ftr-490	359	31	)	)	PUNCT
ftr-490	359	32	,	,	PUNCT
ftr-490	359	33	they	they	PRON
ftr-490	359	34	actively	actively	ADV
ftr-490	359	35	misled	mislead	VERB
ftr-490	359	36	the	the	DET
ftr-490	359	37	court	court	NOUN
ftr-490	359	38	to	to	ADP
ftr-490	359	39	the	the	DET
ftr-490	359	40	belief	belief	NOUN
ftr-490	359	41	that	that	SCONJ
ftr-490	359	42	the	the	DET
ftr-490	359	43	government	government	NOUN
ftr-490	359	44	treats	treat	VERB
ftr-490	359	45	nonrecourse	nonrecourse	NOUN
ftr-490	359	46	debt	debt	NOUN
ftr-490	359	47	and	and	CCONJ
ftr-490	359	48	recourse	recourse	VERB
ftr-490	359	49	debt	debt	NOUN
ftr-490	359	50	alike	alike	ADV
ftr-490	359	51	on	on	ADP
ftr-490	359	52	the	the	DET
ftr-490	359	53	disposition	disposition	NOUN
ftr-490	359	54	of	of	ADP
ftr-490	359	55	property	property	NOUN
ftr-490	359	56	in	in	ADP
ftr-490	359	57	full	full	ADJ
ftr-490	359	58	satisfaction	satisfaction	NOUN
ftr-490	359	59	of	of	ADP
ftr-490	359	60	a	a	DET
ftr-490	359	61	debt	debt	NOUN
ftr-490	359	62	exceeding	exceed	VERB
ftr-490	359	63	the	the	DET
ftr-490	359	64	fair	fair	ADJ
ftr-490	359	65	market	market	NOUN
ftr-490	359	66	value	value	NOUN
ftr-490	359	67	of	of	ADP
ftr-490	359	68	the	the	DET
ftr-490	359	69	property	property	NOUN
ftr-490	359	70	.	.	PUNCT
ftr-490	360	1	thus	thus	ADV
ftr-490	360	2	,	,	PUNCT
ftr-490	360	3	the	the	DET
ftr-490	360	4	court	court	NOUN
ftr-490	360	5	was	be	AUX
ftr-490	360	6	led	lead	VERB
ftr-490	360	7	to	to	PART
ftr-490	360	8	believe	believe	VERB
ftr-490	360	9	that	that	SCONJ
ftr-490	360	10	a	a	DET
ftr-490	360	11	holding	holding	NOUN
ftr-490	360	12	for	for	ADP
ftr-490	360	13	the	the	DET
ftr-490	360	14	government	government	NOUN
ftr-490	360	15	would	would	AUX
ftr-490	360	16	confonn	confonn	VERB
ftr-490	360	17	the	the	DET
ftr-490	360	18	tax	tax	NOUN
ftr-490	360	19	consequences	consequence	NOUN
ftr-490	360	20	of	of	ADP
ftr-490	360	21	tufts	tuft	NOUN
ftr-490	360	22	's	's	PART
ftr-490	360	23	transaction	transaction	NOUN
ftr-490	360	24	to	to	ADP
ftr-490	360	25	an	an	DET
ftr-490	360	26	identical	identical	ADJ
ftr-490	360	27	transaction	transaction	NOUN
ftr-490	360	28	involving	involve	VERB
ftr-490	360	29	recourse	recourse	NOUN
ftr-490	360	30	debt	debt	NOUN
ftr-490	360	31	.	.	PUNCT
ftr-490	361	1	the	the	DET
ftr-490	361	2	court	court	NOUN
ftr-490	361	3	's	's	PART
ftr-490	361	4	belief	belief	NOUN
ftr-490	361	5	that	that	SCONJ
ftr-490	361	6	its	its	PRON
ftr-490	361	7	holding	holding	NOUN
ftr-490	361	8	was	be	AUX
ftr-490	361	9	doing	do	VERB
ftr-490	361	10	away	away	ADV
ftr-490	361	11	with	with	ADP
ftr-490	361	12	the	the	DET
ftr-490	361	13	distinction	distinction	NOUN
ftr-490	361	14	between	between	ADP
ftr-490	361	15	recourse	recourse	NOUN
ftr-490	361	16	and	and	CCONJ
ftr-490	361	17	nonrecourse	nonrecourse	NOUN
ftr-490	361	18	debt	debt	NOUN
ftr-490	361	19	in	in	ADP
ftr-490	361	20	a	a	DET
ftr-490	361	21	tufts	tufts	NOUN
ftr-490	361	22	situation	situation	NOUN
ftr-490	361	23	is	be	AUX
ftr-490	361	24	plainly	plainly	ADV
ftr-490	361	25	evident	evident	ADJ
ftr-490	361	26	.	.	PUNCT
ftr-490	362	1	50	50	NUM
ftr-490	362	2	.	.	PUNCT
ftr-490	363	1	i	i	PRON
ftr-490	363	2	d.	d.	PROPN
ftr-490	363	3	(	(	PUNCT
ftr-490	363	4	footnote	footnote	VERB
ftr-490	363	5	omitted	omit	VERB
ftr-490	363	6	)	)	PUNCT
ftr-490	363	7	.	.	PUNCT
ftr-490	364	1	not	not	PART
ftr-490	364	2	only	only	ADV
ftr-490	364	3	does	do	AUX
ftr-490	364	4	this	this	DET
ftr-490	364	5	excerpt	excerpt	NOUN
ftr-490	364	6	use	use	VERB
ftr-490	364	7	cod	cod	NOUN
ftr-490	364	8	-	-	PUNCT
ftr-490	364	9	income	income	NOUN
ftr-490	364	10	theory	theory	NOUN
ftr-490	364	11	in	in	ADP
ftr-490	364	12	justifying	justify	VERB
ftr-490	364	13	the	the	DET
ftr-490	364	14	argument	argument	NOUN
ftr-490	364	15	that	that	SCONJ
ftr-490	364	16	an	an	DET
ftr-490	364	17	accession	accession	NOUN
ftr-490	364	18	to	to	ADP
ftr-490	364	19	wealth	wealth	NOUN
ftr-490	364	20	occurred	occur	VERB
ftr-490	364	21	,	,	PUNCT
ftr-490	364	22	while	while	SCONJ
ftr-490	364	23	reverting	revert	VERB
ftr-490	364	24	to	to	ADP
ftr-490	364	25	the	the	DET
ftr-490	364	26	collapsed	collapse	VERB
ftr-490	364	27	approach	approach	NOUN
ftr-490	364	28	in	in	ADP
ftr-490	364	29	taxing	tax	VERB
ftr-490	364	30	that	that	DET
ftr-490	364	31	accession	accession	NOUN
ftr-490	364	32	,	,	PUNCT
ftr-490	364	33	it	it	PRON
ftr-490	364	34	also	also	ADV
ftr-490	364	35	fails	fail	VERB
ftr-490	364	36	to	to	PART
ftr-490	364	37	acknowledge	acknowledge	VERB
ftr-490	364	38	that	that	DET
ftr-490	364	39	crane	crane	NOUN
ftr-490	364	40	could	could	AUX
ftr-490	364	41	not	not	PART
ftr-490	364	42	have	have	AUX
ftr-490	364	43	involved	involve	VERB
ftr-490	364	44	cod	cod	NOUN
ftr-490	364	45	income	income	NOUN
ftr-490	364	46	.	.	PUNCT
ftr-490	365	1	the	the	DET
ftr-490	365	2	debt	debt	NOUN
ftr-490	365	3	relief	relief	NOUN
ftr-490	365	4	in	in	ADP
ftr-490	365	5	crane	crane	NOUN
ftr-490	365	6	could	could	AUX
ftr-490	365	7	only	only	ADV
ftr-490	365	8	have	have	AUX
ftr-490	365	9	been	be	AUX
ftr-490	365	10	included	include	VERB
ftr-490	365	11	in	in	ADP
ftr-490	365	12	amount	amount	NOUN
ftr-490	365	13	realized	realize	VERB
ftr-490	365	14	as	as	SCONJ
ftr-490	365	15	no	no	DET
ftr-490	365	16	debt	debt	NOUN
ftr-490	365	17	was	be	AUX
ftr-490	365	18	cancelled	cancel	VERB
ftr-490	365	19	;	;	PUNCT
ftr-490	365	20	the	the	DET
ftr-490	365	21	property	property	NOUN
ftr-490	365	22	's	's	PART
ftr-490	365	23	value	value	NOUN
ftr-490	365	24	covered	cover	VERB
ftr-490	365	25	the	the	DET
ftr-490	365	26	debt	debt	NOUN
ftr-490	365	27	.	.	PUNCT
ftr-490	366	1	19921	19921	NUM
ftr-490	366	2	florida	florida	PROPN
ftr-490	366	3	tax	tax	PROPN
ftr-490	366	4	review	review	NOUN
ftr-490	366	5	although	although	SCONJ
ftr-490	366	6	a	a	DET
ftr-490	366	7	different	different	ADJ
ftr-490	366	8	approach	approach	NOUN
ftr-490	366	9	might	might	AUX
ftr-490	366	10	have	have	AUX
ftr-490	366	11	been	be	AUX
ftr-490	366	12	taken	take	VERB
ftr-490	366	13	with	with	ADP
ftr-490	366	14	respect	respect	NOUN
ftr-490	366	15	to	to	ADP
ftr-490	366	16	a	a	DET
ftr-490	366	17	nonrecourse	nonrecourse	NOUN
ftr-490	366	18	mortgage	mortgage	NOUN
ftr-490	366	19	loan	loan	NOUN
ftr-490	366	20	,	,	PUNCT
ftr-490	366	21	the	the	DET
ftr-490	366	22	commissioner	commissioner	NOUN
ftr-490	366	23	has	have	AUX
ftr-490	366	24	chosen	choose	VERB
ftr-490	366	25	to	to	PART
ftr-490	366	26	accord	accord	VERB
ftr-490	366	27	it	it	PRON
ftr-490	366	28	the	the	DET
ftr-490	366	29	same	same	ADJ
ftr-490	366	30	treatment	treatment	NOUN
ftr-490	366	31	he	he	PRON
ftr-490	366	32	gives	give	VERB
ftr-490	366	33	to	to	ADP
ftr-490	366	34	a	a	DET
ftr-490	366	35	recourse	recourse	NOUN
ftr-490	366	36	mortgage	mortgage	NOUN
ftr-490	366	37	loan	loan	NOUN
ftr-490	366	38	.	.	PUNCT
ftr-490	366	39	...	...	PUNCT
ftr-490	367	1	because	because	SCONJ
ftr-490	367	2	no	no	DET
ftr-490	367	3	difference	difference	NOUN
ftr-490	367	4	between	between	ADP
ftr-490	367	5	recourse	recourse	NOUN
ftr-490	367	6	and	and	CCONJ
ftr-490	367	7	nonrecourse	nonrecourse	NOUN
ftr-490	367	8	obligations	obligation	NOUN
ftr-490	367	9	is	be	AUX
ftr-490	367	10	recognized	recognize	VERB
ftr-490	367	11	in	in	ADP
ftr-490	367	12	calculating	calculate	VERB
ftr-490	367	13	basis	basis	NOUN
ftr-490	367	14	,	,	PUNCT
ftr-490	367	15	crane	crane	NOUN
ftr-490	367	16	teaches	teach	VERB
ftr-490	367	17	that	that	SCONJ
ftr-490	367	18	the	the	DET
ftr-490	367	19	commissioner	commissioner	NOUN
ftr-490	367	20	may	may	AUX
ftr-490	367	21	ignore	ignore	VERB
ftr-490	367	22	the	the	DET
ftr-490	367	23	nonrecourse	nonrecourse	ADJ
ftr-490	367	24	nature	nature	NOUN
ftr-490	367	25	of	of	ADP
ftr-490	367	26	the	the	DET
ftr-490	367	27	obligation	obligation	NOUN
ftr-490	367	28	in	in	ADP
ftr-490	367	29	determining	determine	VERB
ftr-490	367	30	the	the	DET
ftr-490	367	31	amount	amount	NOUN
ftr-490	367	32	realized	realize	VERB
ftr-490	367	33	upon	upon	SCONJ
ftr-490	367	34	disposition	disposition	NOUN
ftr-490	367	35	of	of	ADP
ftr-490	367	36	the	the	DET
ftr-490	367	37	encumbered	encumbered	ADJ
ftr-490	367	38	property	property	NOUN
ftr-490	367	39	.	.	PUNCT
ftr-490	368	1	he	he	PRON
ftr-490	368	2	thus	thus	ADV
ftr-490	368	3	may	may	AUX
ftr-490	368	4	include	include	VERB
ftr-490	368	5	in	in	ADP
ftr-490	368	6	the	the	DET
ftr-490	368	7	amount	amount	NOUN
ftr-490	368	8	realized	realize	VERB
ftr-490	368	9	the	the	DET
ftr-490	368	10	amount	amount	NOUN
ftr-490	368	11	of	of	ADP
ftr-490	368	12	the	the	DET
ftr-490	368	13	nonrecourse	nonrecourse	NOUN
ftr-490	368	14	mortgage	mortgage	NOUN
ftr-490	368	15	assumed	assume	VERB
ftr-490	368	16	by	by	ADP
ftr-490	368	17	the	the	DET
ftr-490	368	18	purchaser	purchaser	NOUN
ftr-490	368	19	.	.	PUNCT
ftr-490	369	1	the	the	DET
ftr-490	369	2	rationale	rationale	NOUN
ftr-490	369	3	for	for	ADP
ftr-490	369	4	this	this	DET
ftr-490	369	5	treatment	treatment	NOUN
ftr-490	369	6	is	be	AUX
ftr-490	369	7	that	that	SCONJ
ftr-490	369	8	the	the	DET
ftr-490	369	9	original	original	ADJ
ftr-490	369	10	inclusion	inclusion	NOUN
ftr-490	369	11	of	of	ADP
ftr-490	369	12	the	the	DET
ftr-490	369	13	amount	amount	NOUN
ftr-490	369	14	of	of	ADP
ftr-490	369	15	the	the	DET
ftr-490	369	16	mortgage	mortgage	NOUN
ftr-490	369	17	in	in	ADP
ftr-490	369	18	basis	basis	NOUN
ftr-490	369	19	rested	rest	VERB
ftr-490	369	20	on	on	ADP
ftr-490	369	21	the	the	DET
ftr-490	369	22	assumption	assumption	NOUN
ftr-490	369	23	that	that	SCONJ
ftr-490	369	24	the	the	DET
ftr-490	369	25	mortgagor	mortgagor	NOUN
ftr-490	369	26	incurred	incur	VERB
ftr-490	369	27	an	an	DET
ftr-490	369	28	obligation	obligation	NOUN
ftr-490	369	29	to	to	PART
ftr-490	369	30	repay	repay	VERB
ftr-490	369	31	.	.	PUNCT
ftr-490	370	1	moreover	moreover	ADV
ftr-490	370	2	,	,	PUNCT
ftr-490	370	3	this	this	DET
ftr-490	370	4	treatment	treatment	NOUN
ftr-490	370	5	balances	balance	VERB
ftr-490	370	6	the	the	DET
ftr-490	370	7	fact	fact	NOUN
ftr-490	370	8	that	that	SCONJ
ftr-490	370	9	the	the	DET
ftr-490	370	10	mortgagor	mortgagor	NOUN
ftr-490	370	11	originally	originally	ADV
ftr-490	370	12	received	receive	VERB
ftr-490	370	13	the	the	DET
ftr-490	370	14	proceeds	proceed	NOUN
ftr-490	370	15	of	of	ADP
ftr-490	370	16	the	the	DET
ftr-490	370	17	nonrecourse	nonrecourse	NOUN
ftr-490	370	18	loan	loan	NOUN
ftr-490	370	19	tax	tax	NOUN
ftr-490	370	20	-	-	PUNCT
ftr-490	370	21	free	free	ADJ
ftr-490	370	22	on	on	ADP
ftr-490	370	23	the	the	DET
ftr-490	370	24	same	same	ADJ
ftr-490	370	25	assumption	assumption	NOUN
ftr-490	370	26	.	.	PUNCT
ftr-490	371	1	unless	unless	SCONJ
ftr-490	371	2	the	the	DET
ftr-490	371	3	outstanding	outstanding	ADJ
ftr-490	371	4	amount	amount	NOUN
ftr-490	371	5	of	of	ADP
ftr-490	371	6	the	the	DET
ftr-490	371	7	mortgage	mortgage	NOUN
ftr-490	371	8	is	be	AUX
ftr-490	371	9	deemed	deem	VERB
ftr-490	371	10	to	to	PART
ftr-490	371	11	be	be	AUX
ftr-490	371	12	realized	realize	VERB
ftr-490	371	13	,	,	PUNCT
ftr-490	371	14	the	the	DET
ftr-490	371	15	mortgagor	mortgagor	NOUN
ftr-490	371	16	effectively	effectively	ADV
ftr-490	371	17	will	will	AUX
ftr-490	371	18	have	have	AUX
ftr-490	371	19	received	receive	VERB
ftr-490	371	20	untaxed	untaxed	ADJ
ftr-490	371	21	income	income	NOUN
ftr-490	371	22	at	at	ADP
ftr-490	371	23	the	the	DET
ftr-490	371	24	time	time	NOUN
ftr-490	371	25	the	the	DET
ftr-490	371	26	loan	loan	NOUN
ftr-490	371	27	was	be	AUX
ftr-490	371	28	extended	extend	VERB
ftr-490	371	29	and	and	CCONJ
ftr-490	371	30	will	will	AUX
ftr-490	371	31	have	have	AUX
ftr-490	371	32	received	receive	VERB
ftr-490	371	33	an	an	DET
ftr-490	371	34	unwarranted	unwarranted	ADJ
ftr-490	371	35	increase	increase	NOUN
ftr-490	371	36	in	in	ADP
ftr-490	371	37	the	the	DET
ftr-490	371	38	basis	basis	NOUN
ftr-490	371	39	of	of	ADP
ftr-490	371	40	his	his	PRON
ftr-490	371	41	property	property	NOUN
ftr-490	371	42	.	.	PUNCT
ftr-490	372	1	the	the	DET
ftr-490	372	2	commissioner	commissioner	NOUN
ftr-490	372	3	's	's	PART
ftr-490	372	4	interpretation	interpretation	NOUN
ftr-490	372	5	of	of	ADP
ftr-490	372	6	§	§	PROPN
ftr-490	372	7	1001(b	1001(b	NUM
ftr-490	372	8	)	)	PUNCT
ftr-490	372	9	in	in	ADP
ftr-490	372	10	this	this	DET
ftr-490	372	11	fashion	fashion	NOUN
ftr-490	372	12	can	can	AUX
ftr-490	372	13	not	not	PART
ftr-490	372	14	be	be	AUX
ftr-490	372	15	said	say	VERB
ftr-490	372	16	to	to	PART
ftr-490	372	17	be	be	AUX
ftr-490	372	18	unreasonable	unreasonable	ADJ
ftr-490	372	19	.	.	PUNCT
ftr-490	373	1	respondents	respondent	NOUN
ftr-490	373	2	received	receive	VERB
ftr-490	373	3	a	a	DET
ftr-490	373	4	mortgage	mortgage	NOUN
ftr-490	373	5	loan	loan	NOUN
ftr-490	373	6	with	with	ADP
ftr-490	373	7	the	the	DET
ftr-490	373	8	concomitant	concomitant	ADJ
ftr-490	373	9	obligation	obligation	NOUN
ftr-490	373	10	to	to	PART
ftr-490	373	11	repay	repay	VERB
ftr-490	373	12	by	by	ADP
ftr-490	373	13	the	the	DET
ftr-490	373	14	year	year	NOUN
ftr-490	373	15	2012	2012	NUM
ftr-490	373	16	.	.	PUNCT
ftr-490	374	1	the	the	DET
ftr-490	374	2	only	only	ADJ
ftr-490	374	3	difference	difference	NOUN
ftr-490	374	4	between	between	ADP
ftr-490	374	5	that	that	DET
ftr-490	374	6	mortgage	mortgage	NOUN
ftr-490	374	7	and	and	CCONJ
ftr-490	374	8	one	one	NUM
ftr-490	374	9	on	on	ADP
ftr-490	374	10	which	which	PRON
ftr-490	374	11	the	the	DET
ftr-490	374	12	borrower	borrower	NOUN
ftr-490	374	13	is	be	AUX
ftr-490	374	14	personally	personally	ADV
ftr-490	374	15	liable	liable	ADJ
ftr-490	374	16	is	be	AUX
ftr-490	374	17	that	that	SCONJ
ftr-490	374	18	the	the	DET
ftr-490	374	19	mortgagee	mortgagee	PROPN
ftr-490	374	20	's	's	PART
ftr-490	374	21	remedy	remedy	NOUN
ftr-490	374	22	is	be	AUX
ftr-490	374	23	limited	limit	VERB
ftr-490	374	24	to	to	ADP
ftr-490	374	25	foreclosing	foreclose	VERB
ftr-490	374	26	on	on	ADP
ftr-490	374	27	the	the	DET
ftr-490	374	28	securing	securing	NOUN
ftr-490	374	29	property	property	NOUN
ftr-490	374	30	.	.	PUNCT
ftr-490	375	1	this	this	DET
ftr-490	375	2	difference	difference	NOUN
ftr-490	375	3	does	do	AUX
ftr-490	375	4	not	not	PART
ftr-490	375	5	alter	alter	VERB
ftr-490	375	6	the	the	DET
ftr-490	375	7	nature	nature	NOUN
ftr-490	375	8	of	of	ADP
ftr-490	375	9	the	the	DET
ftr-490	375	10	obligation	obligation	NOUN
ftr-490	375	11	;	;	PUNCT
ftr-490	375	12	its	its	PRON
ftr-490	375	13	only	only	ADJ
ftr-490	375	14	effect	effect	NOUN
ftr-490	375	15	is	be	AUX
ftr-490	375	16	to	to	PART
ftr-490	375	17	shift	shift	VERB
ftr-490	375	18	from	from	ADP
ftr-490	375	19	the	the	DET
ftr-490	375	20	borrower	borrower	NOUN
ftr-490	375	21	to	to	ADP
ftr-490	375	22	the	the	DET
ftr-490	375	23	lender	lender	NOUN
ftr-490	375	24	any	any	DET
ftr-490	375	25	potential	potential	ADJ
ftr-490	375	26	loss	loss	NOUN
ftr-490	375	27	caused	cause	VERB
ftr-490	375	28	by	by	ADP
ftr-490	375	29	devaluation	devaluation	NOUN
ftr-490	375	30	of	of	ADP
ftr-490	375	31	the	the	DET
ftr-490	375	32	property.5	property.5	PROPN
ftr-490	375	33	'	'	PART
ftr-490	375	34	commentators	commentator	NOUN
ftr-490	375	35	characterizing	characterize	VERB
ftr-490	375	36	the	the	DET
ftr-490	375	37	effect	effect	NOUN
ftr-490	375	38	of	of	ADP
ftr-490	375	39	tufts	tuft	NOUN
ftr-490	375	40	have	have	AUX
ftr-490	375	41	similarly	similarly	ADV
ftr-490	375	42	assumed	assume	VERB
ftr-490	375	43	that	that	SCONJ
ftr-490	375	44	the	the	DET
ftr-490	375	45	court	court	NOUN
ftr-490	375	46	believed	believe	VERB
ftr-490	375	47	that	that	SCONJ
ftr-490	375	48	what	what	PRON
ftr-490	375	49	it	it	PRON
ftr-490	375	50	was	be	AUX
ftr-490	375	51	doing	do	VERB
ftr-490	375	52	was	be	AUX
ftr-490	375	53	conforming	conform	VERB
ftr-490	375	54	the	the	DET
ftr-490	375	55	treatment	treatment	NOUN
ftr-490	375	56	of	of	ADP
ftr-490	375	57	nonrecourse	nonrecourse	NOUN
ftr-490	375	58	and	and	CCONJ
ftr-490	375	59	recourse	recourse	VERB
ftr-490	375	60	debt	debt	NOUN
ftr-490	375	61	in	in	ADP
ftr-490	375	62	a	a	DET
ftr-490	375	63	tufts	tufts	NOUN
ftr-490	375	64	transaction	transaction	NOUN
ftr-490	375	65	.	.	PUNCT
ftr-490	376	1	in	in	ADP
ftr-490	376	2	his	his	PRON
ftr-490	376	3	student	student	NOUN
ftr-490	376	4	treatise	treatise	NOUN
ftr-490	376	5	,	,	PUNCT
ftr-490	376	6	professor	professor	PROPN
ftr-490	376	7	marvin	marvin	PROPN
ftr-490	376	8	a.	a.	PROPN
ftr-490	376	9	chirelstein	chirelstein	PROPN
ftr-490	376	10	comments	comment	VERB
ftr-490	376	11	that	that	SCONJ
ftr-490	376	12	the	the	DET
ftr-490	376	13	tufts	tufts	NOUN
ftr-490	376	14	court	court	NOUN
ftr-490	376	15	held	hold	VERB
ftr-490	376	16	that	that	SCONJ
ftr-490	376	17	"	"	PUNCT
ftr-490	376	18	[	[	X
ftr-490	376	19	iln	iln	NOUN
ftr-490	376	20	effect	effect	NOUN
ftr-490	376	21	,	,	PUNCT
ftr-490	376	22	borrowing	borrow	VERB
ftr-490	376	23	with	with	ADP
ftr-490	376	24	personal	personal	ADJ
ftr-490	376	25	liability	liability	NOUN
ftr-490	376	26	and	and	CCONJ
ftr-490	376	27	borrowing	borrowing	NOUN
ftr-490	376	28	without	without	ADP
ftr-490	376	29	personal	personal	ADJ
ftr-490	376	30	liability	liability	NOUN
ftr-490	376	31	are	be	AUX
ftr-490	376	32	to	to	PART
ftr-490	376	33	be	be	AUX
ftr-490	376	34	treated	treat	VERB
ftr-490	376	35	alike	alike	ADV
ftr-490	376	36	for	for	ADP
ftr-490	376	37	...	...	PUNCT
ftr-490	377	1	[	[	X
ftr-490	377	2	purposes	purpose	NOUN
ftr-490	377	3	of	of	ADP
ftr-490	377	4	section	section	NOUN
ftr-490	377	5	1001].1:52	1001].1:52	NUM
ftr-490	377	6	51	51	NUM
ftr-490	377	7	.	.	PUNCT
ftr-490	378	1	tufts	tuft	NOUN
ftr-490	378	2	,	,	PUNCT
ftr-490	378	3	461	461	NUM
ftr-490	378	4	u.s	u.s	PROPN
ftr-490	378	5	.	.	PROPN
ftr-490	378	6	at	at	ADP
ftr-490	378	7	308	308	NUM
ftr-490	378	8	-	-	SYM
ftr-490	378	9	12	12	NUM
ftr-490	378	10	(	(	PUNCT
ftr-490	378	11	emphasis	emphasis	NOUN
ftr-490	378	12	added	add	VERB
ftr-490	378	13	)	)	PUNCT
ftr-490	378	14	(	(	PUNCT
ftr-490	378	15	footnotes	footnote	NOUN
ftr-490	378	16	omitted	omit	VERB
ftr-490	378	17	)	)	PUNCT
ftr-490	378	18	.	.	PUNCT
ftr-490	379	1	52	52	NUM
ftr-490	379	2	.	.	PUNCT
ftr-490	380	1	marvin	marvin	PROPN
ftr-490	380	2	a.	a.	PROPN
ftr-490	380	3	chirelstein	chirelstein	PROPN
ftr-490	380	4	,	,	PUNCT
ftr-490	380	5	federal	federal	ADJ
ftr-490	380	6	income	income	NOUN
ftr-490	380	7	taxation	taxation	NOUN
ftr-490	380	8	:	:	PUNCT
ftr-490	380	9	a	a	DET
ftr-490	380	10	law	law	NOUN
ftr-490	380	11	student	student	NOUN
ftr-490	380	12	's	's	PART
ftr-490	380	13	guide	guide	NOUN
ftr-490	380	14	to	to	ADP
ftr-490	380	15	the	the	DET
ftr-490	380	16	leading	lead	VERB
ftr-490	380	17	cases	case	NOUN
ftr-490	380	18	and	and	CCONJ
ftr-490	380	19	concepts	concept	NOUN
ftr-490	380	20	270	270	NUM
ftr-490	380	21	(	(	PUNCT
ftr-490	380	22	6th	6th	ADJ
ftr-490	380	23	ed	ed	NOUN
ftr-490	380	24	.	.	PROPN
ftr-490	380	25	1991	1991	NUM
ftr-490	380	26	)	)	PUNCT
ftr-490	380	27	;	;	PUNCT
ftr-490	380	28	see	see	VERB
ftr-490	380	29	also	also	ADV
ftr-490	380	30	william	william	PROPN
ftr-490	380	31	j.	j.	PROPN
ftr-490	380	32	rohrbach	rohrbach	PROPN
ftr-490	380	33	,	,	PUNCT
ftr-490	380	34	jr	jr	PROPN
ftr-490	380	35	.	.	PROPN
ftr-490	380	36	,	,	PUNCT
ftr-490	381	1	the	the	PRON
ftr-490	382	1	[	[	X
ftr-490	382	2	vol	vol	NOUN
ftr-490	382	3	.	.	PUNCT
ftr-490	382	4	1:3	1:3	NUM
ftr-490	382	5	tufts	tuft	NOUN
ftr-490	382	6	and	and	CCONJ
ftr-490	382	7	the	the	DET
ftr-490	382	8	evolution	evolution	NOUN
ftr-490	382	9	of	of	ADP
ftr-490	382	10	debt	debt	NOUN
ftr-490	382	11	-	-	PUNCT
ftr-490	382	12	discharge	discharge	NOUN
ftr-490	382	13	theory	theory	NOUN
ftr-490	382	14	the	the	DET
ftr-490	382	15	government	government	NOUN
ftr-490	382	16	's	's	PART
ftr-490	382	17	briefs	brief	NOUN
ftr-490	382	18	repeatedly	repeatedly	ADV
ftr-490	382	19	reinforce	reinforce	VERB
ftr-490	382	20	this	this	DET
ftr-490	382	21	incorrect	incorrect	ADJ
ftr-490	382	22	notion	notion	NOUN
ftr-490	382	23	.	.	PUNCT
ftr-490	383	1	in	in	ADP
ftr-490	383	2	its	its	PRON
ftr-490	383	3	principal	principal	ADJ
ftr-490	383	4	brief	brief	NOUN
ftr-490	383	5	,	,	PUNCT
ftr-490	383	6	the	the	DET
ftr-490	383	7	government	government	NOUN
ftr-490	383	8	repeats	repeat	VERB
ftr-490	383	9	a	a	DET
ftr-490	383	10	statement	statement	NOUN
ftr-490	383	11	it	it	PRON
ftr-490	383	12	made	make	VERB
ftr-490	383	13	in	in	ADP
ftr-490	383	14	its	its	PRON
ftr-490	383	15	petition	petition	NOUN
ftr-490	383	16	for	for	ADP
ftr-490	383	17	writ	writ	NOUN
ftr-490	383	18	of	of	ADP
ftr-490	383	19	certiorari	certiorari	NOUN
ftr-490	383	20	(	(	PUNCT
ftr-490	383	21	and	and	CCONJ
ftr-490	383	22	repetition	repetition	NOUN
ftr-490	383	23	brings	bring	VERB
ftr-490	383	24	with	with	ADP
ftr-490	383	25	it	it	PRON
ftr-490	383	26	emphasis	emphasis	NOUN
ftr-490	383	27	):	):	PUNCT
ftr-490	383	28	moreover	moreover	ADV
ftr-490	383	29	,	,	PUNCT
ftr-490	383	30	a	a	DET
ftr-490	383	31	taxpayer	taxpayer	NOUN
ftr-490	383	32	's	's	PART
ftr-490	383	33	basis	basis	NOUN
ftr-490	383	34	does	do	AUX
ftr-490	383	35	not	not	PART
ftr-490	383	36	turn	turn	VERB
ftr-490	383	37	on	on	ADP
ftr-490	383	38	whether	whether	SCONJ
ftr-490	383	39	he	he	PRON
ftr-490	383	40	is	be	AUX
ftr-490	383	41	personally	personally	ADV
ftr-490	383	42	liable	liable	ADJ
ftr-490	383	43	on	on	ADP
ftr-490	383	44	the	the	DET
ftr-490	383	45	indebtedness	indebtedness	NOUN
ftr-490	383	46	encumbering	encumber	VERB
ftr-490	383	47	the	the	DET
ftr-490	383	48	property	property	NOUN
ftr-490	383	49	,	,	PUNCT
ftr-490	383	50	or	or	CCONJ
ftr-490	383	51	whether	whether	SCONJ
ftr-490	383	52	the	the	DET
ftr-490	383	53	debt	debt	NOUN
ftr-490	383	54	is	be	AUX
ftr-490	383	55	nonrecourse	nonrecourse	NOUN
ftr-490	383	56	in	in	ADP
ftr-490	383	57	nature	nature	NOUN
ftr-490	383	58	.	.	PUNCT
ftr-490	384	1	in	in	ADP
ftr-490	384	2	either	either	DET
ftr-490	384	3	event	event	NOUN
ftr-490	384	4	,	,	PUNCT
ftr-490	384	5	the	the	DET
ftr-490	384	6	debt	debt	NOUN
ftr-490	384	7	is	be	AUX
ftr-490	384	8	includable	includable	ADJ
ftr-490	384	9	in	in	ADP
ftr-490	384	10	his	his	PRON
ftr-490	384	11	cost	cost	NOUN
ftr-490	384	12	basis	basis	NOUN
ftr-490	384	13	and	and	CCONJ
ftr-490	384	14	any	any	DET
ftr-490	384	15	antount	antount	NOUN
ftr-490	384	16	remaining	remain	VERB
ftr-490	384	17	unpaid	unpaid	NOUN
ftr-490	384	18	is	be	AUX
ftr-490	384	19	includable	includable	ADJ
ftr-490	384	20	in	in	ADP
ftr-490	384	21	the	the	DET
ftr-490	384	22	amount	amount	NOUN
ftr-490	384	23	realized	realize	VERB
ftr-490	384	24	upon	upon	SCONJ
ftr-490	384	25	disposition	disposition	NOUN
ftr-490	384	26	to	to	ADP
ftr-490	384	27	a	a	DET
ftr-490	384	28	person	person	NOUN
ftr-490	384	29	taking	take	VERB
ftr-490	384	30	the	the	DET
ftr-490	384	31	property	property	NOUN
ftr-490	384	32	'	'	PUNCT
ftr-490	384	33	subject	subject	NOUN
ftr-490	384	34	to	to	ADP
ftr-490	384	35	the	the	DET
ftr-490	384	36	mortgage.53	mortgage.53	NOUN
ftr-490	384	37	the	the	DET
ftr-490	384	38	italicized	italicize	VERB
ftr-490	384	39	statement	statement	NOUN
ftr-490	384	40	is	be	AUX
ftr-490	384	41	simply	simply	ADV
ftr-490	384	42	not	not	PART
ftr-490	384	43	true	true	ADJ
ftr-490	384	44	if	if	SCONJ
ftr-490	384	45	the	the	DET
ftr-490	384	46	property	property	NOUN
ftr-490	384	47	is	be	AUX
ftr-490	384	48	worth	worth	ADJ
ftr-490	384	49	less	less	ADJ
ftr-490	384	50	than	than	ADP
ftr-490	384	51	the	the	DET
ftr-490	384	52	debt	debt	NOUN
ftr-490	384	53	,	,	PUNCT
ftr-490	384	54	the	the	DET
ftr-490	384	55	precise	precise	ADJ
ftr-490	384	56	facts	fact	NOUN
ftr-490	384	57	before	before	ADP
ftr-490	384	58	the	the	DET
ftr-490	384	59	court	court	NOUN
ftr-490	384	60	in	in	ADP
ftr-490	384	61	tufts	tuft	NOUN
ftr-490	384	62	.	.	PUNCT
ftr-490	385	1	the	the	DET
ftr-490	385	2	recourse	recourse	NOUN
ftr-490	385	3	debt	debt	NOUN
ftr-490	385	4	relief	relief	NOUN
ftr-490	385	5	in	in	ADP
ftr-490	385	6	excess	excess	NOUN
ftr-490	385	7	of	of	ADP
ftr-490	385	8	the	the	DET
ftr-490	385	9	property	property	NOUN
ftr-490	385	10	's	's	PART
ftr-490	385	11	value	value	NOUN
ftr-490	385	12	creates	create	VERB
ftr-490	385	13	cod	cod	NOUN
ftr-490	385	14	income	income	NOUN
ftr-490	385	15	,	,	PUNCT
ftr-490	385	16	not	not	PART
ftr-490	385	17	amount	amount	VERB
ftr-490	385	18	realized.54	realized.54	ADJ
ftr-490	385	19	compounding	compound	VERB
ftr-490	385	20	the	the	DET
ftr-490	385	21	incorrect	incorrect	ADJ
ftr-490	385	22	insinuation	insinuation	NOUN
ftr-490	385	23	is	be	AUX
ftr-490	385	24	the	the	DET
ftr-490	385	25	hypothetical	hypothetical	ADJ
ftr-490	385	26	immediately	immediately	ADV
ftr-490	385	27	preceding	precede	VERB
ftr-490	385	28	the	the	DET
ftr-490	385	29	text	text	NOUN
ftr-490	385	30	quoted	quote	VERB
ftr-490	385	31	above	above	ADV
ftr-490	385	32	in	in	ADP
ftr-490	385	33	both	both	CCONJ
ftr-490	385	34	the	the	DET
ftr-490	385	35	principal	principal	ADJ
ftr-490	385	36	brief	brief	NOUN
ftr-490	385	37	and	and	CCONJ
ftr-490	385	38	the	the	DET
ftr-490	385	39	petition	petition	NOUN
ftr-490	385	40	for	for	ADP
ftr-490	385	41	writ	writ	NOUN
ftr-490	385	42	of	of	ADP
ftr-490	385	43	certiorari	certiorari	NOUN
ftr-490	385	44	.	.	PUNCT
ftr-490	386	1	the	the	DET
ftr-490	386	2	hypothetical	hypothetical	ADJ
ftr-490	386	3	describes	describe	VERB
ftr-490	386	4	a	a	DET
ftr-490	386	5	transfer	transfer	NOUN
ftr-490	386	6	in	in	ADP
ftr-490	386	7	which	which	PRON
ftr-490	386	8	no	no	DET
ftr-490	386	9	debt	debt	NOUN
ftr-490	386	10	is	be	AUX
ftr-490	386	11	cancelled	cancel	VERB
ftr-490	386	12	because	because	SCONJ
ftr-490	386	13	the	the	DET
ftr-490	386	14	debt	debt	NOUN
ftr-490	386	15	is	be	AUX
ftr-490	386	16	less	less	ADJ
ftr-490	386	17	than	than	ADP
ftr-490	386	18	the	the	DET
ftr-490	386	19	value	value	NOUN
ftr-490	386	20	of	of	ADP
ftr-490	386	21	the	the	DET
ftr-490	386	22	property	property	NOUN
ftr-490	386	23	transferred	transfer	VERB
ftr-490	386	24	.	.	PUNCT
ftr-490	387	1	[	[	X
ftr-490	387	2	i]f	i]f	ADP
ftr-490	387	3	a	a	DET
ftr-490	387	4	purchases	purchase	NOUN
ftr-490	387	5	property	property	NOUN
ftr-490	387	6	for	for	ADP
ftr-490	387	7	$	$	SYM
ftr-490	387	8	25,000	25,000	NUM
ftr-490	387	9	in	in	ADP
ftr-490	387	10	cash	cash	NOUN
ftr-490	387	11	and	and	CCONJ
ftr-490	387	12	obtains	obtain	VERB
ftr-490	387	13	a	a	DET
ftr-490	387	14	$	$	SYM
ftr-490	387	15	75,000	75,000	NUM
ftr-490	387	16	mortgage	mortgage	NOUN
ftr-490	387	17	loan	loan	NOUN
ftr-490	387	18	,	,	PUNCT
ftr-490	387	19	his	his	PRON
ftr-490	387	20	basis	basis	NOUN
ftr-490	387	21	in	in	ADP
ftr-490	387	22	the	the	DET
ftr-490	387	23	property	property	NOUN
ftr-490	387	24	is	be	AUX
ftr-490	387	25	s	s	NOUN
ftr-490	387	26	100,000	100,000	NUM
ftr-490	387	27	.	.	PUNCT
ftr-490	388	1	if	if	SCONJ
ftr-490	388	2	he	he	PRON
ftr-490	388	3	later	later	ADV
ftr-490	388	4	sells	sell	VERB
ftr-490	388	5	it	it	PRON
ftr-490	388	6	for	for	ADP
ftr-490	388	7	$	$	SYM
ftr-490	388	8	35,000	35,000	NUM
ftr-490	388	9	plus	plus	CCONJ
ftr-490	388	10	the	the	DET
ftr-490	388	11	[	[	X
ftr-490	388	12	buyer	buyer	NOUN
ftr-490	388	13	's	's	PART
ftr-490	388	14	]	]	PUNCT
ftr-490	388	15	agreement	agreement	NOUN
ftr-490	388	16	to	to	PART
ftr-490	388	17	assume	assume	VERB
ftr-490	388	18	the	the	DET
ftr-490	388	19	unamortized	unamortized	ADJ
ftr-490	388	20	mortgage	mortgage	NOUN
ftr-490	388	21	balance	balance	NOUN
ftr-490	388	22	of	of	ADP
ftr-490	388	23	$	$	SYM
ftr-490	388	24	75,000	75,000	NUM
ftr-490	388	25	,	,	PUNCT
ftr-490	388	26	the	the	DET
ftr-490	388	27	amount	amount	NOUN
ftr-490	388	28	realized	realize	VERB
ftr-490	388	29	is	be	AUX
ftr-490	388	30	$	$	SYM
ftr-490	388	31	110,000	110,000	NUM
ftr-490	388	32	(	(	PUNCT
ftr-490	388	33	$	$	SYM
ftr-490	388	34	35,000	35,000	NUM
ftr-490	388	35	plus	plus	CCONJ
ftr-490	388	36	$	$	SYM
ftr-490	388	37	75,000	75,000	NUM
ftr-490	388	38	)	)	PUNCT
ftr-490	388	39	,	,	PUNCT
ftr-490	388	40	resulting	result	VERB
ftr-490	388	41	in	in	ADP
ftr-490	388	42	a	a	DET
ftr-490	388	43	$	$	SYM
ftr-490	388	44	10,000	10,000	NUM
ftr-490	388	45	gain	gain	NOUN
ftr-490	388	46	.	.	PUNCT
ftr-490	389	1	while	while	SCONJ
ftr-490	389	2	that	that	PRON
ftr-490	389	3	is	be	AUX
ftr-490	389	4	a	a	DET
ftr-490	389	5	true	true	ADJ
ftr-490	389	6	statement	statement	NOUN
ftr-490	389	7	of	of	ADP
ftr-490	389	8	the	the	DET
ftr-490	389	9	law	law	NOUN
ftr-490	389	10	,	,	PUNCT
ftr-490	389	11	it	it	PRON
ftr-490	389	12	has	have	VERB
ftr-490	389	13	nothing	nothing	PRON
ftr-490	389	14	to	to	PART
ftr-490	389	15	do	do	VERB
ftr-490	389	16	with	with	ADP
ftr-490	389	17	whether	whether	SCONJ
ftr-490	389	18	the	the	DET
ftr-490	389	19	accession	accession	NOUN
ftr-490	389	20	to	to	ADP
ftr-490	389	21	wealth	wealth	NOUN
ftr-490	389	22	in	in	ADP
ftr-490	389	23	the	the	DET
ftr-490	389	24	very	very	ADV
ftr-490	389	25	different	different	ADJ
ftr-490	389	26	tufts	tufts	NOUN
ftr-490	389	27	situation	situation	NOUN
ftr-490	389	28	should	should	AUX
ftr-490	389	29	be	be	AUX
ftr-490	389	30	analyzed	analyze	VERB
ftr-490	389	31	as	as	SCONJ
ftr-490	389	32	cod	cod	NOUN
ftr-490	389	33	income	income	NOUN
ftr-490	389	34	or	or	CCONJ
ftr-490	389	35	amount	amount	NOUN
ftr-490	389	36	realized	realize	VERB
ftr-490	389	37	.	.	PUNCT
ftr-490	390	1	there	there	PRON
ftr-490	390	2	is	be	VERB
ftr-490	390	3	no	no	DET
ftr-490	390	4	potential	potential	ADJ
ftr-490	390	5	cod	cod	NOUN
ftr-490	390	6	income	income	NOUN
ftr-490	390	7	in	in	ADP
ftr-490	390	8	the	the	DET
ftr-490	390	9	hypothetical	hypothetical	ADJ
ftr-490	390	10	.	.	PUNCT
ftr-490	391	1	indeed	indeed	ADV
ftr-490	391	2	,	,	PUNCT
ftr-490	391	3	because	because	SCONJ
ftr-490	391	4	the	the	DET
ftr-490	391	5	debt	debt	NOUN
ftr-490	391	6	discharged	discharge	VERB
ftr-490	391	7	was	be	AUX
ftr-490	391	8	worth	worth	ADJ
ftr-490	391	9	disposition	disposition	NOUN
ftr-490	391	10	of	of	ADP
ftr-490	391	11	properties	property	NOUN
ftr-490	391	12	secured	secure	VERB
ftr-490	391	13	by	by	ADP
ftr-490	391	14	recourse	recourse	NOUN
ftr-490	391	15	and	and	CCONJ
ftr-490	391	16	nonrecourse	nonrecourse	NOUN
ftr-490	391	17	debt	debt	NOUN
ftr-490	391	18	.	.	PUNCT
ftr-490	392	1	41	41	NUM
ftr-490	392	2	baylor	baylor	NOUN
ftr-490	392	3	l	l	PROPN
ftr-490	392	4	rev	rev	X
ftr-490	392	5	.	.	PROPN
ftr-490	392	6	231	231	NUM
ftr-490	392	7	.	.	X
ftr-490	393	1	237	237	NUM
ftr-490	393	2	-	-	SYM
ftr-490	393	3	38	38	NUM
ftr-490	393	4	(	(	PUNCT
ftr-490	393	5	1989	1989	NUM
ftr-490	393	6	)	)	PUNCT
ftr-490	393	7	(	(	PUNCT
ftr-490	393	8	"	"	PUNCT
ftr-490	393	9	by	by	ADP
ftr-490	393	10	edict	edict	ADJ
ftr-490	393	11	from	from	ADP
ftr-490	393	12	the	the	DET
ftr-490	393	13	high	high	ADJ
ftr-490	393	14	nine	nine	NUM
ftr-490	393	15	on	on	ADP
ftr-490	393	16	the	the	DET
ftr-490	393	17	potomac	potomac	PROPN
ftr-490	393	18	.	.	PUNCT
ftr-490	394	1	nonrecourse	nonrecourse	NOUN
ftr-490	394	2	and	and	CCONJ
ftr-490	394	3	recourse	recourse	VERB
ftr-490	394	4	indebtedness	indebtedness	NOUN
ftr-490	394	5	will	will	AUX
ftr-490	394	6	be	be	AUX
ftr-490	394	7	treated	treat	VERB
ftr-490	394	8	similarly	similarly	ADV
ftr-490	394	9	upon	upon	SCONJ
ftr-490	394	10	the	the	DET
ftr-490	394	11	sale	sale	NOUN
ftr-490	394	12	or	or	CCONJ
ftr-490	394	13	disposition	disposition	NOUN
ftr-490	394	14	.	.	PUNCT
ftr-490	395	1	and	and	CCONJ
ftr-490	395	2	gain	gain	VERB
ftr-490	395	3	or	or	CCONJ
ftr-490	395	4	loss	loss	NOUN
ftr-490	395	5	will	will	AUX
ftr-490	395	6	be	be	AUX
ftr-490	395	7	then	then	ADV
ftr-490	395	8	easily	easily	ADV
ftr-490	395	9	determined	determined	ADJ
ftr-490	395	10	under	under	ADP
ftr-490	395	11	section	section	NOUN
ftr-490	395	12	1001	1001	NUM
ftr-490	395	13	of	of	ADP
ftr-490	395	14	the	the	DET
ftr-490	395	15	code	code	NOUN
ftr-490	395	16	.	.	PUNCT
ftr-490	396	1	"	"	PUNCT
ftr-490	396	2	)	)	PUNCT
ftr-490	396	3	.	.	PUNCT
ftr-490	397	1	53	53	NUM
ftr-490	397	2	.	.	X
ftr-490	397	3	brief	brief	NOUN
ftr-490	397	4	for	for	ADP
ftr-490	397	5	the	the	DET
ftr-490	397	6	petitioner	petitioner	NOUN
ftr-490	397	7	at	at	ADP
ftr-490	397	8	11	11	NUM
ftr-490	397	9	.	.	PUNCT
ftr-490	398	1	tufts	tuft	NOUN
ftr-490	398	2	(	(	PUNCT
ftr-490	398	3	no	no	INTJ
ftr-490	398	4	.	.	NOUN
ftr-490	398	5	81	81	NUM
ftr-490	398	6	-	-	PUNCT
ftr-490	398	7	1536	1536	NUM
ftr-490	398	8	)	)	PUNCT
ftr-490	398	9	(	(	PUNCT
ftr-490	398	10	emphasis	emphasis	NOUN
ftr-490	398	11	added	add	VERB
ftr-490	398	12	)	)	PUNCT
ftr-490	398	13	.	.	PUNCT
ftr-490	399	1	see	see	AUX
ftr-490	399	2	also	also	ADV
ftr-490	399	3	petition	petition	VERB
ftr-490	399	4	for	for	ADP
ftr-490	399	5	a	a	DET
ftr-490	399	6	writ	writ	NOUN
ftr-490	399	7	of	of	ADP
ftr-490	399	8	certiorari	certiorari	NOUN
ftr-490	399	9	to	to	ADP
ftr-490	399	10	the	the	DET
ftr-490	399	11	united	united	PROPN
ftr-490	399	12	states	states	PROPN
ftr-490	399	13	court	court	PROPN
ftr-490	399	14	of	of	ADP
ftr-490	399	15	appeals	appeal	NOUN
ftr-490	399	16	for	for	ADP
ftr-490	399	17	the	the	DET
ftr-490	399	18	fifth	fifth	ADJ
ftr-490	399	19	circuit	circuit	NOUN
ftr-490	399	20	at	at	ADP
ftr-490	399	21	8	8	NUM
ftr-490	399	22	,	,	PUNCT
ftr-490	399	23	tufts	tuft	NOUN
ftr-490	399	24	(	(	PUNCT
ftr-490	399	25	no	no	NOUN
ftr-490	399	26	.	.	NOUN
ftr-490	399	27	81	81	NUM
ftr-490	399	28	-	-	PUNCT
ftr-490	399	29	1536	1536	NUM
ftr-490	399	30	)	)	PUNCT
ftr-490	399	31	.	.	PUNCT
ftr-490	400	1	54	54	NUM
ftr-490	400	2	.	.	PUNCT
ftr-490	401	1	see	see	VERB
ftr-490	401	2	supra	supra	PROPN
ftr-490	401	3	notes	note	VERB
ftr-490	401	4	4	4	NUM
ftr-490	401	5	-	-	SYM
ftr-490	401	6	8	8	NUM
ftr-490	401	7	and	and	CCONJ
ftr-490	401	8	accompanying	accompany	VERB
ftr-490	401	9	text	text	NOUN
ftr-490	401	10	(	(	PUNCT
ftr-490	401	11	describing	describe	VERB
ftr-490	401	12	bifurcated	bifurcated	ADJ
ftr-490	401	13	approachi	approachi	ADJ
ftr-490	401	14	.	.	PUNCT
ftr-490	402	1	55	55	NUM
ftr-490	402	2	.	.	PUNCT
ftr-490	402	3	brief	brief	ADJ
ftr-490	402	4	for	for	ADP
ftr-490	402	5	the	the	DET
ftr-490	402	6	petitioner	petitioner	NOUN
ftr-490	402	7	at	at	ADP
ftr-490	402	8	10	10	NUM
ftr-490	402	9	-	-	SYM
ftr-490	402	10	11	11	NUM
ftr-490	402	11	.	.	PUNCT
ftr-490	403	1	tufts	tuft	NOUN
ftr-490	403	2	(	(	PUNCT
ftr-490	403	3	no	no	INTJ
ftr-490	403	4	.	.	NOUN
ftr-490	403	5	81	81	NUM
ftr-490	403	6	-	-	PUNCT
ftr-490	403	7	1536	1536	NUM
ftr-490	403	8	)	)	PUNCT
ftr-490	403	9	;	;	PUNCT
ftr-490	403	10	see	see	VERB
ftr-490	403	11	also	also	ADV
ftr-490	403	12	petition	petition	VERB
ftr-490	403	13	for	for	ADP
ftr-490	403	14	a	a	DET
ftr-490	403	15	writ	writ	NOUN
ftr-490	403	16	of	of	ADP
ftr-490	403	17	certiorari	certiorari	NOUN
ftr-490	403	18	to	to	ADP
ftr-490	403	19	the	the	DET
ftr-490	403	20	united	united	PROPN
ftr-490	403	21	states	states	PROPN
ftr-490	403	22	court	court	PROPN
ftr-490	403	23	of	of	ADP
ftr-490	403	24	appeals	appeal	NOUN
ftr-490	403	25	for	for	ADP
ftr-490	403	26	the	the	DET
ftr-490	403	27	fifth	fifth	ADJ
ftr-490	403	28	circuit	circuit	NOUN
ftr-490	403	29	at	at	ADP
ftr-490	403	30	8	8	NUM
ftr-490	403	31	,	,	PUNCT
ftr-490	403	32	tufts	tuft	NOUN
ftr-490	403	33	(	(	PUNCT
ftr-490	403	34	no	no	NOUN
ftr-490	403	35	.	.	NOUN
ftr-490	403	36	811536	811536	NUM
ftr-490	403	37	)	)	PUNCT
ftr-490	403	38	.	.	PUNCT
ftr-490	404	1	1992	1992	NUM
ftr-490	404	2	]	]	PUNCT
ftr-490	404	3	florida	florida	PROPN
ftr-490	404	4	tax	tax	PROPN
ftr-490	404	5	review	review	NOUN
ftr-490	404	6	less	less	ADJ
ftr-490	404	7	than	than	ADP
ftr-490	404	8	the	the	DET
ftr-490	404	9	property	property	NOUN
ftr-490	404	10	transferred	transfer	VERB
ftr-490	404	11	in	in	ADP
ftr-490	404	12	the	the	DET
ftr-490	404	13	hypothetical	hypothetical	ADJ
ftr-490	404	14	,	,	PUNCT
ftr-490	404	15	the	the	DET
ftr-490	404	16	buyer	buyer	NOUN
ftr-490	404	17	had	have	VERB
ftr-490	404	18	to	to	PART
ftr-490	404	19	kick	kick	VERB
ftr-490	404	20	in	in	ADP
ftr-490	404	21	some	some	DET
ftr-490	404	22	cash	cash	NOUN
ftr-490	404	23	to	to	ADP
ftr-490	404	24	boot	boot	NOUN
ftr-490	404	25	.	.	PUNCT
ftr-490	405	1	the	the	DET
ftr-490	405	2	hypothetical	hypothetical	ADJ
ftr-490	405	3	is	be	AUX
ftr-490	405	4	simply	simply	ADV
ftr-490	405	5	another	another	DET
ftr-490	405	6	version	version	NOUN
ftr-490	405	7	of	of	ADP
ftr-490	405	8	the	the	DET
ftr-490	405	9	crane	crane	NOUN
ftr-490	405	10	situation	situation	NOUN
ftr-490	405	11	,	,	PUNCT
ftr-490	405	12	in	in	ADP
ftr-490	405	13	which	which	PRON
ftr-490	405	14	the	the	DET
ftr-490	405	15	issue	issue	NOUN
ftr-490	405	16	of	of	ADP
ftr-490	405	17	potential	potential	ADJ
ftr-490	405	18	cod	cod	NOUN
ftr-490	405	19	income	income	NOUN
ftr-490	405	20	does	do	AUX
ftr-490	405	21	not	not	PART
ftr-490	405	22	exist	exist	VERB
ftr-490	405	23	.	.	PUNCT
ftr-490	406	1	thus	thus	ADV
ftr-490	406	2	,	,	PUNCT
ftr-490	406	3	while	while	SCONJ
ftr-490	406	4	true	true	ADJ
ftr-490	406	5	,	,	PUNCT
ftr-490	406	6	the	the	DET
ftr-490	406	7	statement	statement	NOUN
ftr-490	406	8	misleads	mislead	VERB
ftr-490	406	9	one	one	NUM
ftr-490	406	10	to	to	PART
ftr-490	406	11	believe	believe	VERB
ftr-490	406	12	that	that	SCONJ
ftr-490	406	13	,	,	PUNCT
ftr-490	406	14	in	in	ADP
ftr-490	406	15	the	the	DET
ftr-490	406	16	ttufts	ttuft	NOUN
ftr-490	406	17	situation	situation	NOUN
ftr-490	406	18	as	as	ADV
ftr-490	406	19	well	well	ADV
ftr-490	406	20	,	,	PUNCT
ftr-490	406	21	the	the	DET
ftr-490	406	22	sole	sole	ADJ
ftr-490	406	23	candidate	candidate	NOUN
ftr-490	406	24	for	for	ADP
ftr-490	406	25	the	the	DET
ftr-490	406	26	honor	honor	NOUN
ftr-490	406	27	of	of	ADP
ftr-490	406	28	controlling	control	VERB
ftr-490	406	29	the	the	DET
ftr-490	406	30	accession	accession	NOUN
ftr-490	406	31	to	to	ADP
ftr-490	406	32	wealth	wealth	NOUN
ftr-490	406	33	is	be	AUX
ftr-490	406	34	the	the	DET
ftr-490	406	35	"	"	PUNCT
ftr-490	406	36	amount	amount	NOUN
ftr-490	406	37	realized	realize	VERB
ftr-490	406	38	"	"	PUNCT
ftr-490	406	39	portion	portion	NOUN
ftr-490	406	40	of	of	ADP
ftr-490	406	41	section	section	NOUN
ftr-490	406	42	1001.56	1001.56	NUM
ftr-490	406	43	again	again	ADV
ftr-490	406	44	and	and	CCONJ
ftr-490	406	45	again	again	ADV
ftr-490	406	46	,	,	PUNCT
ftr-490	406	47	the	the	DET
ftr-490	406	48	brief	brief	NOUN
ftr-490	406	49	implies	imply	VERB
ftr-490	406	50	,	,	PUNCT
ftr-490	406	51	if	if	SCONJ
ftr-490	406	52	only	only	ADV
ftr-490	406	53	by	by	ADP
ftr-490	406	54	omission	omission	NOUN
ftr-490	406	55	of	of	ADP
ftr-490	406	56	any	any	DET
ftr-490	406	57	mention	mention	NOUN
ftr-490	406	58	of	of	ADP
ftr-490	406	59	the	the	DET
ftr-490	406	60	potential	potential	ADJ
ftr-490	406	61	application	application	NOUN
ftr-490	406	62	of	of	ADP
ftr-490	406	63	section	section	NOUN
ftr-490	406	64	61(a)(12	61(a)(12	NUM
ftr-490	406	65	)	)	PUNCT
ftr-490	406	66	,	,	PUNCT
ftr-490	406	67	that	that	SCONJ
ftr-490	406	68	if	if	SCONJ
ftr-490	406	69	the	the	DET
ftr-490	406	70	court	court	NOUN
ftr-490	406	71	should	should	AUX
ftr-490	406	72	rule	rule	VERB
ftr-490	406	73	that	that	SCONJ
ftr-490	406	74	the	the	DET
ftr-490	406	75	accession	accession	NOUN
ftr-490	406	76	to	to	ADP
ftr-490	406	77	wealth	wealth	NOUN
ftr-490	406	78	can	can	AUX
ftr-490	406	79	not	not	PART
ftr-490	406	80	be	be	AUX
ftr-490	406	81	included	include	VERB
ftr-490	406	82	in	in	ADP
ftr-490	406	83	amount	amount	NOUN
ftr-490	406	84	realized	realize	VERB
ftr-490	406	85	under	under	ADP
ftr-490	406	86	the	the	DET
ftr-490	406	87	section	section	NOUN
ftr-490	406	88	1001	1001	NUM
ftr-490	406	89	analysis	analysis	NOUN
ftr-490	406	90	,	,	PUNCT
ftr-490	406	91	it	it	PRON
ftr-490	406	92	will	will	AUX
ftr-490	406	93	escape	escape	VERB
ftr-490	406	94	taxation	taxation	NOUN
ftr-490	406	95	altogether.5	altogether.5	NOUN
ftr-490	406	96	"	"	PUNCT
ftr-490	406	97	again	again	ADV
ftr-490	406	98	56	56	NUM
ftr-490	406	99	.	.	PUNCT
ftr-490	407	1	the	the	DET
ftr-490	407	2	same	same	ADJ
ftr-490	407	3	hypothetical	hypothetical	NOUN
ftr-490	407	4	is	be	AUX
ftr-490	407	5	repeated	repeat	VERB
ftr-490	407	6	yet	yet	ADV
ftr-490	407	7	a	a	DET
ftr-490	407	8	third	third	ADJ
ftr-490	407	9	time	time	NOUN
ftr-490	407	10	later	later	ADV
ftr-490	407	11	in	in	ADP
ftr-490	407	12	the	the	DET
ftr-490	407	13	brief	brief	NOUN
ftr-490	407	14	,	,	PUNCT
ftr-490	407	15	by	by	ADP
ftr-490	407	16	which	which	DET
ftr-490	407	17	time	time	NOUN
ftr-490	407	18	the	the	DET
ftr-490	407	19	justices	justice	NOUN
ftr-490	407	20	could	could	AUX
ftr-490	407	21	probably	probably	ADV
ftr-490	407	22	recite	recite	VERB
ftr-490	407	23	it	it	PRON
ftr-490	407	24	in	in	ADP
ftr-490	407	25	their	their	PRON
ftr-490	407	26	sleep	sleep	NOUN
ftr-490	407	27	:	:	PUNCT
ftr-490	407	28	if	if	SCONJ
ftr-490	407	29	a	a	DET
ftr-490	407	30	purchases	purchase	NOUN
ftr-490	407	31	property	property	NOUN
ftr-490	407	32	for	for	ADP
ftr-490	407	33	$	$	SYM
ftr-490	407	34	100,000	100,000	NUM
ftr-490	407	35	by	by	ADP
ftr-490	407	36	putting	put	VERB
ftr-490	407	37	up	up	ADP
ftr-490	407	38	$	$	SYM
ftr-490	407	39	25,000	25,000	NUM
ftr-490	407	40	and	and	CCONJ
ftr-490	407	41	obtaining	obtain	VERB
ftr-490	407	42	a	a	DET
ftr-490	407	43	$	$	SYM
ftr-490	407	44	75,000	75,000	NUM
ftr-490	407	45	fully	fully	ADV
ftr-490	407	46	recourse	recourse	VERB
ftr-490	407	47	mortgage	mortgage	NOUN
ftr-490	407	48	loan	loan	NOUN
ftr-490	407	49	for	for	ADP
ftr-490	407	50	which	which	PRON
ftr-490	407	51	he	he	PRON
ftr-490	407	52	is	be	AUX
ftr-490	407	53	personally	personally	ADV
ftr-490	407	54	liable	liable	ADJ
ftr-490	407	55	,	,	PUNCT
ftr-490	407	56	his	his	PRON
ftr-490	407	57	basis	basis	NOUN
ftr-490	407	58	in	in	ADP
ftr-490	407	59	the	the	DET
ftr-490	407	60	property	property	NOUN
ftr-490	407	61	is	be	AUX
ftr-490	407	62	$	$	SYM
ftr-490	407	63	100,000	100,000	NUM
ftr-490	407	64	.	.	PUNCT
ftr-490	408	1	the	the	DET
ftr-490	408	2	$	$	SYM
ftr-490	408	3	100,000	100,000	NUM
ftr-490	408	4	is	be	AUX
ftr-490	408	5	his	his	PRON
ftr-490	408	6	cost	cost	NOUN
ftr-490	408	7	,	,	PUNCT
ftr-490	408	8	on	on	ADP
ftr-490	408	9	the	the	DET
ftr-490	408	10	assumption	assumption	NOUN
ftr-490	408	11	that	that	SCONJ
ftr-490	408	12	he	he	PRON
ftr-490	408	13	will	will	AUX
ftr-490	408	14	pay	pay	VERB
ftr-490	408	15	off	off	ADP
ftr-490	408	16	the	the	DET
ftr-490	408	17	$	$	SYM
ftr-490	408	18	75,000	75,000	NUM
ftr-490	408	19	loan	loan	NOUN
ftr-490	408	20	in	in	ADP
ftr-490	408	21	accordance	accordance	NOUN
ftr-490	408	22	with	with	ADP
ftr-490	408	23	his	his	PRON
ftr-490	408	24	undertaking	undertaking	NOUN
ftr-490	408	25	.	.	PUNCT
ftr-490	409	1	if	if	SCONJ
ftr-490	409	2	he	he	PRON
ftr-490	409	3	later	later	ADV
ftr-490	409	4	sells	sell	VERB
ftr-490	409	5	the	the	DET
ftr-490	409	6	property	property	NOUN
ftr-490	409	7	for	for	ADP
ftr-490	409	8	$	$	SYM
ftr-490	409	9	35,000	35,000	NUM
ftr-490	409	10	cash	cash	NOUN
ftr-490	409	11	plus	plus	CCONJ
ftr-490	409	12	the	the	DET
ftr-490	409	13	buyer	buyer	NOUN
ftr-490	409	14	's	's	PART
ftr-490	409	15	agreement	agreement	NOUN
ftr-490	409	16	to	to	PART
ftr-490	409	17	assume	assume	VERB
ftr-490	409	18	the	the	DET
ftr-490	409	19	unamortized	unamortized	ADJ
ftr-490	409	20	mortgage	mortgage	NOUN
ftr-490	409	21	balance	balance	NOUN
ftr-490	409	22	of	of	ADP
ftr-490	409	23	$	$	SYM
ftr-490	409	24	75,000	75,000	NUM
ftr-490	409	25	,	,	PUNCT
ftr-490	409	26	the	the	DET
ftr-490	409	27	amount	amount	NOUN
ftr-490	409	28	realized	realize	VERB
ftr-490	409	29	is	be	AUX
ftr-490	409	30	$	$	SYM
ftr-490	409	31	110,000	110,000	NUM
ftr-490	409	32	(	(	PUNCT
ftr-490	409	33	$	$	SYM
ftr-490	409	34	35,000	35,000	NUM
ftr-490	409	35	plus	plus	CCONJ
ftr-490	409	36	$	$	SYM
ftr-490	409	37	75,000	75,000	NUM
ftr-490	409	38	)	)	PUNCT
ftr-490	409	39	.	.	PUNCT
ftr-490	410	1	in	in	ADP
ftr-490	410	2	these	these	DET
ftr-490	410	3	circumstances	circumstance	NOUN
ftr-490	410	4	,	,	PUNCT
ftr-490	410	5	$	$	SYM
ftr-490	410	6	100,000	100,000	NUM
ftr-490	410	7	turns	turn	VERB
ftr-490	410	8	out	out	ADP
ftr-490	410	9	not	not	PART
ftr-490	410	10	to	to	PART
ftr-490	410	11	have	have	AUX
ftr-490	410	12	been	be	AUX
ftr-490	410	13	a	a	DET
ftr-490	410	14	's	's	PART
ftr-490	410	15	actual	actual	ADJ
ftr-490	410	16	cost	cost	NOUN
ftr-490	410	17	because	because	SCONJ
ftr-490	410	18	,	,	PUNCT
ftr-490	410	19	instead	instead	ADV
ftr-490	410	20	of	of	ADP
ftr-490	410	21	repaying	repay	VERB
ftr-490	410	22	the	the	DET
ftr-490	410	23	loan	loan	NOUN
ftr-490	410	24	,	,	PUNCT
ftr-490	410	25	he	he	PRON
ftr-490	410	26	has	have	AUX
ftr-490	410	27	sold	sell	VERB
ftr-490	410	28	the	the	DET
ftr-490	410	29	property	property	NOUN
ftr-490	410	30	subject	subject	NOUN
ftr-490	410	31	to	to	ADP
ftr-490	410	32	the	the	DET
ftr-490	410	33	mortgage	mortgage	NOUN
ftr-490	410	34	.	.	PUNCT
ftr-490	411	1	we	we	PRON
ftr-490	411	2	do	do	VERB
ftr-490	411	3	not	not	PART
ftr-490	411	4	,	,	PUNCT
ftr-490	411	5	however	however	ADV
ftr-490	411	6	,	,	PUNCT
ftr-490	411	7	reach	reach	VERB
ftr-490	411	8	back	back	ADV
ftr-490	411	9	and	and	CCONJ
ftr-490	411	10	adjust	adjust	VERB
ftr-490	411	11	his	his	PRON
ftr-490	411	12	basis	basis	NOUN
ftr-490	411	13	downward	downward	ADV
ftr-490	411	14	in	in	ADP
ftr-490	411	15	such	such	DET
ftr-490	411	16	a	a	DET
ftr-490	411	17	case	case	NOUN
ftr-490	411	18	,	,	PUNCT
ftr-490	411	19	but	but	CCONJ
ftr-490	411	20	rather	rather	ADV
ftr-490	411	21	account	account	VERB
ftr-490	411	22	for	for	ADP
ftr-490	411	23	his	his	PRON
ftr-490	411	24	nonpayment	nonpayment	NOUN
ftr-490	411	25	of	of	ADP
ftr-490	411	26	the	the	DET
ftr-490	411	27	loan	loan	NOUN
ftr-490	411	28	by	by	ADP
ftr-490	411	29	charging	charge	VERB
ftr-490	411	30	him	he	PRON
ftr-490	411	31	with	with	ADP
ftr-490	411	32	$	$	SYM
ftr-490	411	33	75,000	75,000	NUM
ftr-490	411	34	of	of	ADP
ftr-490	411	35	consideration	consideration	NOUN
ftr-490	411	36	received	receive	VERB
ftr-490	411	37	from	from	ADP
ftr-490	411	38	the	the	DET
ftr-490	411	39	purchaser	purchaser	NOUN
ftr-490	411	40	.	.	PUNCT
ftr-490	412	1	moreover	moreover	ADV
ftr-490	412	2	,	,	PUNCT
ftr-490	412	3	as	as	SCONJ
ftr-490	412	4	the	the	DET
ftr-490	412	5	lower	low	ADJ
ftr-490	412	6	courts	court	NOUN
ftr-490	412	7	and	and	CCONJ
ftr-490	412	8	the	the	DET
ftr-490	412	9	treasury	treasury	NOUN
ftr-490	412	10	have	have	AUX
ftr-490	412	11	interpreted	interpret	VERB
ftr-490	412	12	it	it	PRON
ftr-490	412	13	,	,	PUNCT
ftr-490	412	14	crane	crane	NOUN
ftr-490	412	15	established	establish	VERB
ftr-490	412	16	that	that	SCONJ
ftr-490	412	17	the	the	DET
ftr-490	412	18	same	same	ADJ
ftr-490	412	19	results	result	NOUN
ftr-490	412	20	generally	generally	ADV
ftr-490	412	21	obtain	obtain	VERB
ftr-490	412	22	even	even	ADV
ftr-490	412	23	if	if	SCONJ
ftr-490	412	24	the	the	DET
ftr-490	412	25	debt	debt	NOUN
ftr-490	412	26	is	be	AUX
ftr-490	412	27	nonrecourse	nonrecourse	NOUN
ftr-490	412	28	in	in	ADP
ftr-490	412	29	nature	nature	NOUN
ftr-490	412	30	so	so	SCONJ
ftr-490	412	31	that	that	SCONJ
ftr-490	412	32	the	the	DET
ftr-490	412	33	property	property	NOUN
ftr-490	412	34	owner	owner	NOUN
ftr-490	412	35	has	have	VERB
ftr-490	412	36	no	no	DET
ftr-490	412	37	obligation	obligation	NOUN
ftr-490	412	38	to	to	PART
ftr-490	412	39	satisfy	satisfy	VERB
ftr-490	412	40	the	the	DET
ftr-490	412	41	debt	debt	NOUN
ftr-490	412	42	other	other	ADJ
ftr-490	412	43	than	than	ADP
ftr-490	412	44	out	out	ADP
ftr-490	412	45	of	of	ADP
ftr-490	412	46	the	the	DET
ftr-490	412	47	property	property	NOUN
ftr-490	412	48	.	.	PUNCT
ftr-490	413	1	in	in	ADP
ftr-490	413	2	such	such	DET
ftr-490	413	3	a	a	DET
ftr-490	413	4	case	case	NOUN
ftr-490	413	5	,	,	PUNCT
ftr-490	413	6	the	the	DET
ftr-490	413	7	borrowed	borrow	VERB
ftr-490	413	8	funds	fund	NOUN
ftr-490	413	9	are	be	AUX
ftr-490	413	10	includable	includable	ADJ
ftr-490	413	11	both	both	CCONJ
ftr-490	413	12	in	in	ADP
ftr-490	413	13	the	the	DET
ftr-490	413	14	borrower	borrower	NOUN
ftr-490	413	15	's	's	PART
ftr-490	413	16	cost	cost	NOUN
ftr-490	413	17	basis	basis	NOUN
ftr-490	413	18	and	and	CCONJ
ftr-490	413	19	in	in	ADP
ftr-490	413	20	the	the	DET
ftr-490	413	21	amount	amount	NOUN
ftr-490	413	22	realized	realize	VERB
ftr-490	413	23	upon	upon	SCONJ
ftr-490	413	24	disposition	disposition	NOUN
ftr-490	413	25	.	.	PUNCT
ftr-490	414	1	brief	brief	ADJ
ftr-490	414	2	for	for	ADP
ftr-490	414	3	the	the	DET
ftr-490	414	4	petitioner	petitioner	NOUN
ftr-490	414	5	at	at	ADP
ftr-490	414	6	19	19	NUM
ftr-490	414	7	-	-	SYM
ftr-490	414	8	20	20	NUM
ftr-490	414	9	,	,	PUNCT
ftr-490	414	10	tufts	tuft	NOUN
ftr-490	414	11	(	(	PUNCT
ftr-490	414	12	no	no	NOUN
ftr-490	414	13	.	.	NOUN
ftr-490	415	1	81	81	NUM
ftr-490	415	2	-	-	PUNCT
ftr-490	415	3	1536	1536	NUM
ftr-490	415	4	)	)	PUNCT
ftr-490	415	5	.	.	PUNCT
ftr-490	416	1	in	in	ADP
ftr-490	416	2	one	one	NUM
ftr-490	416	3	fell	fell	ADJ
ftr-490	416	4	swoop	swoop	NOUN
ftr-490	416	5	,	,	PUNCT
ftr-490	416	6	the	the	DET
ftr-490	416	7	brief	brief	ADJ
ftr-490	416	8	manages	manage	VERB
ftr-490	416	9	to	to	PART
ftr-490	416	10	imply	imply	VERB
ftr-490	416	11	once	once	ADV
ftr-490	416	12	again	again	ADV
ftr-490	416	13	that	that	SCONJ
ftr-490	416	14	(	(	PUNCT
ftr-490	416	15	1	1	X
ftr-490	416	16	)	)	PUNCT
ftr-490	416	17	a	a	DET
ftr-490	416	18	holding	holding	NOUN
ftr-490	416	19	for	for	ADP
ftr-490	416	20	the	the	DET
ftr-490	416	21	government	government	NOUN
ftr-490	416	22	would	would	AUX
ftr-490	416	23	treat	treat	VERB
ftr-490	416	24	nonrecourse	nonrecourse	NOUN
ftr-490	416	25	and	and	CCONJ
ftr-490	416	26	recourse	recourse	VERB
ftr-490	416	27	debt	debt	NOUN
ftr-490	416	28	alike	alike	ADV
ftr-490	416	29	in	in	ADP
ftr-490	416	30	the	the	DET
ftr-490	416	31	tufts	tufts	NOUN
ftr-490	416	32	situation	situation	NOUN
ftr-490	416	33	;	;	PUNCT
ftr-490	416	34	(	(	PUNCT
ftr-490	416	35	2	2	X
ftr-490	416	36	)	)	PUNCT
ftr-490	416	37	the	the	DET
ftr-490	416	38	rationality	rationality	NOUN
ftr-490	416	39	of	of	ADP
ftr-490	416	40	the	the	DET
ftr-490	416	41	hypothetical	hypothetical	ADJ
ftr-490	416	42	,	,	PUNCT
ftr-490	416	43	which	which	PRON
ftr-490	416	44	does	do	AUX
ftr-490	416	45	not	not	PART
ftr-490	416	46	involve	involve	VERB
ftr-490	416	47	debt	debt	NOUN
ftr-490	416	48	cancellation	cancellation	NOUN
ftr-490	416	49	because	because	SCONJ
ftr-490	416	50	the	the	DET
ftr-490	416	51	property	property	NOUN
ftr-490	416	52	is	be	AUX
ftr-490	416	53	not	not	PART
ftr-490	416	54	worth	worth	ADJ
ftr-490	416	55	less	less	ADJ
ftr-490	416	56	than	than	ADP
ftr-490	416	57	the	the	DET
ftr-490	416	58	debt	debt	NOUN
ftr-490	416	59	,	,	PUNCT
ftr-490	416	60	supports	support	VERB
ftr-490	416	61	the	the	DET
ftr-490	416	62	government	government	NOUN
ftr-490	416	63	's	's	PART
ftr-490	416	64	position	position	NOUN
ftr-490	416	65	in	in	ADP
ftr-490	416	66	the	the	DET
ftr-490	416	67	tufts	tuft	NOUN
ftr-490	416	68	situation	situation	NOUN
ftr-490	416	69	;	;	PUNCT
ftr-490	416	70	and	and	CCONJ
ftr-490	416	71	(	(	PUNCT
ftr-490	416	72	3	3	X
ftr-490	416	73	)	)	PUNCT
ftr-490	416	74	the	the	DET
ftr-490	416	75	accession	accession	NOUN
ftr-490	416	76	to	to	ADP
ftr-490	416	77	wealth	wealth	NOUN
ftr-490	416	78	identified	identify	VERB
ftr-490	416	79	inevitably	inevitably	ADV
ftr-490	416	80	has	have	VERB
ftr-490	416	81	to	to	PART
ftr-490	416	82	be	be	AUX
ftr-490	416	83	analyzed	analyze	VERB
ftr-490	416	84	as	as	ADP
ftr-490	416	85	additional	additional	ADJ
ftr-490	416	86	amount	amount	NOUN
ftr-490	416	87	realized	realize	VERB
ftr-490	416	88	rather	rather	ADV
ftr-490	416	89	than	than	ADP
ftr-490	416	90	cod	cod	NOUN
ftr-490	416	91	income	income	NOUN
ftr-490	416	92	.	.	PUNCT
ftr-490	417	1	57	57	NUM
ftr-490	417	2	.	.	X
ftr-490	418	1	beginning	begin	VERB
ftr-490	418	2	at	at	ADP
ftr-490	418	3	page	page	NOUN
ftr-490	418	4	19	19	NUM
ftr-490	418	5	,	,	PUNCT
ftr-490	418	6	for	for	ADP
ftr-490	418	7	example	example	NOUN
ftr-490	418	8	,	,	PUNCT
ftr-490	418	9	the	the	DET
ftr-490	418	10	brief	brief	ADJ
ftr-490	418	11	states	state	NOUN
ftr-490	418	12	:	:	PUNCT
ftr-490	418	13	just	just	ADV
ftr-490	418	14	as	as	SCONJ
ftr-490	418	15	the	the	DET
ftr-490	418	16	exclusion	exclusion	NOUN
ftr-490	418	17	of	of	ADP
ftr-490	418	18	borrowing	borrowing	NOUN
ftr-490	418	19	from	from	ADP
ftr-490	418	20	the	the	DET
ftr-490	418	21	debtor	debtor	NOUN
ftr-490	418	22	's	's	PART
ftr-490	418	23	gross	gross	ADJ
ftr-490	418	24	income	income	NOUN
ftr-490	418	25	is	be	AUX
ftr-490	418	26	premised	premise	VERB
ftr-490	418	27	upon	upon	SCONJ
ftr-490	418	28	the	the	DET
ftr-490	418	29	existence	existence	NOUN
ftr-490	418	30	of	of	ADP
ftr-490	418	31	a	a	DET
ftr-490	418	32	corresponding	correspond	VERB
ftr-490	418	33	obligation	obligation	NOUN
ftr-490	418	34	to	to	PART
ftr-490	418	35	repay	repay	VERB
ftr-490	418	36	the	the	DET
ftr-490	418	37	debt	debt	NOUN
ftr-490	418	38	,	,	PUNCT
ftr-490	418	39	the	the	DET
ftr-490	418	40	inclusion	inclusion	NOUN
ftr-490	418	41	of	of	ADP
ftr-490	418	42	borrowed	borrow	VERB
ftr-490	418	43	funds	fund	NOUN
ftr-490	418	44	in	in	ADP
ftr-490	418	45	the	the	DET
ftr-490	418	46	cost	cost	NOUN
ftr-490	418	47	basis	basis	NOUN
ftr-490	418	48	of	of	ADP
ftr-490	418	49	debt	debt	NOUN
ftr-490	418	50	-	-	PUNCT
ftr-490	418	51	financed	finance	VERB
ftr-490	418	52	property	property	NOUN
ftr-490	418	53	likewise	likewise	ADV
ftr-490	418	54	proceeds	proceed	VERB
ftr-490	418	55	upon	upon	SCONJ
ftr-490	418	56	the	the	DET
ftr-490	418	57	identical	identical	ADJ
ftr-490	418	58	assumption	assumption	NOUN
ftr-490	418	59	that	that	SCONJ
ftr-490	418	60	the	the	DET
ftr-490	418	61	owner	owner	NOUN
ftr-490	418	62	of	of	ADP
ftr-490	418	63	the	the	DET
ftr-490	418	64	property	property	NOUN
ftr-490	418	65	will	will	AUX
ftr-490	418	66	pay	pay	VERB
ftr-490	418	67	off	off	ADP
ftr-490	418	68	the	the	DET
ftr-490	418	69	debt	debt	NOUN
ftr-490	418	70	encumbering	encumber	VERB
ftr-490	418	71	the	the	DET
ftr-490	418	72	property	property	NOUN
ftr-490	418	73	.	.	PUNCT
ftr-490	419	1	if	if	SCONJ
ftr-490	419	2	that	that	DET
ftr-490	419	3	assumption	assumption	NOUN
ftr-490	419	4	proves	prove	VERB
ftr-490	419	5	false	false	ADJ
ftr-490	419	6	because	because	SCONJ
ftr-490	419	7	the	the	DET
ftr-490	419	8	owner	owner	NOUN
ftr-490	419	9	of	of	ADP
ftr-490	419	10	the	the	DET
ftr-490	419	11	property	property	NOUN
ftr-490	419	12	disposes	dispose	VERB
ftr-490	419	13	of	of	ADP
ftr-490	419	14	it	it	PRON
ftr-490	419	15	subject	subject	ADJ
ftr-490	419	16	to	to	ADP
ftr-490	419	17	the	the	DET
ftr-490	419	18	mortgage	mortgage	NOUN
ftr-490	419	19	,	,	PUNCT
ftr-490	419	20	the	the	DET
ftr-490	419	21	elimination	elimination	NOUN
ftr-490	419	22	of	of	ADP
ftr-490	419	23	indebtedness	indebtedness	NOUN
ftr-490	419	24	rule	rule	NOUN
ftr-490	419	25	likewise	likewise	ADV
ftr-490	419	26	fixes	fix	VERB
ftr-490	419	27	the	the	DET
ftr-490	419	28	day	day	NOUN
ftr-490	419	29	of	of	ADP
ftr-490	419	30	reckoning	reckon	VERB
ftr-490	419	31	upon	upon	SCONJ
ftr-490	419	32	which	which	PRON
ftr-490	419	33	the	the	DET
ftr-490	419	34	taxpayer	taxpayer	NOUN
ftr-490	419	35	is	be	AUX
ftr-490	419	36	required	require	VERB
ftr-490	419	37	to	to	PART
ftr-490	419	38	close	close	VERB
ftr-490	419	39	out	out	ADP
ftr-490	419	40	the	the	DET
ftr-490	419	41	transaction	transaction	NOUN
ftr-490	419	42	and	and	CCONJ
ftr-490	419	43	account	account	VERB
ftr-490	419	44	for	for	ADP
ftr-490	419	45	any	any	DET
ftr-490	419	46	potential	potential	ADJ
ftr-490	419	47	income	income	NOUN
ftr-490	419	48	represented	represent	VERB
ftr-490	419	49	by	by	ADP
ftr-490	419	50	his	his	PRON
ftr-490	419	51	release	release	NOUN
ftr-490	419	52	from	from	ADP
ftr-490	419	53	the	the	DET
ftr-490	419	54	unrepaid	unrepaid	ADJ
ftr-490	419	55	mortgage	mortgage	NOUN
ftr-490	419	56	indebtedness	indebtedness	NOUN
ftr-490	419	57	.	.	PUNCT
ftr-490	420	1	if	if	SCONJ
ftr-490	420	2	this	this	DET
ftr-490	420	3	day	day	NOUN
ftr-490	420	4	of	of	ADP
ftr-490	420	5	reckoning	reckoning	NOUN
ftr-490	420	6	does	do	AUX
ftr-490	420	7	not	not	PART
ftr-490	420	8	occur	occur	VERB
ftr-490	420	9	,	,	PUNCT
ftr-490	420	10	the	the	DET
ftr-490	420	11	property	property	NOUN
ftr-490	420	12	owner	owner	NOUN
ftr-490	420	13	will	will	AUX
ftr-490	420	14	escape	escape	VERB
ftr-490	420	15	taxation	taxation	NOUN
ftr-490	420	16	forever	forever	ADV
ftr-490	420	17	on	on	ADP
ftr-490	420	18	the	the	DET
ftr-490	420	19	amount	amount	NOUN
ftr-490	420	20	of	of	ADP
ftr-490	420	21	[	[	PUNCT
ftr-490	420	22	vol	vol	NOUN
ftr-490	420	23	1:3	1:3	NUM
ftr-490	420	24	tufts	tuft	NOUN
ftr-490	420	25	and	and	CCONJ
ftr-490	420	26	the	the	DET
ftr-490	420	27	evolution	evolution	NOUN
ftr-490	420	28	of	of	ADP
ftr-490	420	29	debt	debt	NOUN
ftr-490	420	30	-	-	PUNCT
ftr-490	420	31	discharge	discharge	NOUN
ftr-490	420	32	theory	theory	NOUN
ftr-490	420	33	and	and	CCONJ
ftr-490	420	34	again	again	ADV
ftr-490	420	35	,	,	PUNCT
ftr-490	420	36	the	the	DET
ftr-490	420	37	brief	brief	NOUN
ftr-490	420	38	implies	imply	VERB
ftr-490	420	39	,	,	PUNCT
ftr-490	420	40	if	if	SCONJ
ftr-490	420	41	only	only	ADV
ftr-490	420	42	by	by	ADP
ftr-490	420	43	omission	omission	NOUN
ftr-490	420	44	,	,	PUNCT
ftr-490	420	45	that	that	SCONJ
ftr-490	420	46	the	the	DET
ftr-490	420	47	collapsed	collapse	VERB
ftr-490	420	48	approach	approach	NOUN
ftr-490	420	49	applies	apply	VERB
ftr-490	420	50	in	in	ADP
ftr-490	420	51	the	the	DET
ftr-490	420	52	case	case	NOUN
ftr-490	420	53	of	of	ADP
ftr-490	420	54	recourse	recourse	NOUN
ftr-490	420	55	debt	debt	NOUN
ftr-490	420	56	as	as	ADV
ftr-490	420	57	well	well	ADV
ftr-490	420	58	as	as	ADP
ftr-490	420	59	nonrecourse	nonrecourse	ADJ
ftr-490	420	60	debt	debt	NOUN
ftr-490	420	61	when	when	SCONJ
ftr-490	420	62	the	the	DET
ftr-490	420	63	property	property	NOUN
ftr-490	420	64	transferred	transfer	VERB
ftr-490	420	65	is	be	AUX
ftr-490	420	66	worth	worth	ADJ
ftr-490	420	67	less	less	ADJ
ftr-490	420	68	than	than	ADP
ftr-490	420	69	the	the	DET
ftr-490	420	70	debt	debt	NOUN
ftr-490	420	71	.	.	PUNCT
ftr-490	421	1	58	58	NUM
ftr-490	421	2	professor	professor	NOUN
ftr-490	421	3	barnett	barnett	PROPN
ftr-490	421	4	did	do	AUX
ftr-490	421	5	mention	mention	VERB
ftr-490	421	6	,	,	PUNCT
ftr-490	421	7	perhaps	perhaps	ADV
ftr-490	421	8	too	too	ADV
ftr-490	421	9	briefly	briefly	ADV
ftr-490	421	10	,	,	PUNCT
ftr-490	421	11	in	in	ADP
ftr-490	421	12	his	his	PRON
ftr-490	421	13	amicus	amicus	NOUN
ftr-490	421	14	brief	brief	NOUN
ftr-490	421	15	that	that	SCONJ
ftr-490	421	16	the	the	DET
ftr-490	421	17	government	government	NOUN
ftr-490	421	18	required	require	VERB
ftr-490	421	19	the	the	DET
ftr-490	421	20	bifurcated	bifurcated	ADJ
ftr-490	421	21	approach	approach	NOUN
ftr-490	421	22	for	for	ADP
ftr-490	421	23	recourse	recourse	NOUN
ftr-490	421	24	debt	debt	NOUN
ftr-490	421	25	in	in	ADP
ftr-490	421	26	the	the	DET
ftr-490	421	27	tufts	tuft	NOUN
ftr-490	421	28	situation	situation	NOUN
ftr-490	421	29	.	.	PUNCT
ftr-490	422	1	the	the	DET
ftr-490	422	2	impennissibilit	impennissibilit	NOUN
ftr-490	422	3	,	,	PUNCT
ftr-490	422	4	of	of	ADP
ftr-490	422	5	the	the	DET
ftr-490	422	6	distinction	distinction	NOUN
ftr-490	422	7	drawn	draw	VERB
ftr-490	422	8	between	between	ADP
ftr-490	422	9	recourse	recourse	NOUN
ftr-490	422	10	and	and	CCONJ
ftr-490	422	11	nonrecourse	nonrecourse	NOUN
ftr-490	422	12	liabilities.-although	liabilities.-although	NOUN
ftr-490	422	13	the	the	DET
ftr-490	422	14	government	government	NOUN
ftr-490	422	15	's	's	PART
ftr-490	422	16	brief	brief	NOUN
ftr-490	422	17	is	be	AUX
ftr-490	422	18	less	less	ADJ
ftr-490	422	19	than	than	ADP
ftr-490	422	20	clear	clear	ADJ
ftr-490	422	21	on	on	ADP
ftr-490	422	22	the	the	DET
ftr-490	422	23	point	point	NOUN
ftr-490	422	24	,	,	PUNCT
ftr-490	422	25	the	the	DET
ftr-490	422	26	regulations	regulation	NOUN
ftr-490	422	27	are	be	AUX
ftr-490	422	28	explicit	explicit	ADJ
ftr-490	422	29	that	that	SCONJ
ftr-490	422	30	their	their	PRON
ftr-490	422	31	rules	rule	NOUN
ftr-490	422	32	for	for	ADP
ftr-490	422	33	asset	asset	NOUN
ftr-490	422	34	-	-	PUNCT
ftr-490	422	35	for	for	ADP
ftr-490	422	36	-	-	PUNCT
ftr-490	422	37	relief	relief	NOUN
ftr-490	422	38	exchanges	exchange	NOUN
ftr-490	422	39	involving	involve	VERB
ftr-490	422	40	nonrecourse	nonrecourse	ADJ
ftr-490	422	41	liabilities	liability	NOUN
ftr-490	422	42	are	be	AUX
ftr-490	422	43	quite	quite	ADV
ftr-490	422	44	different	different	ADJ
ftr-490	422	45	from	from	ADP
ftr-490	422	46	the	the	DET
ftr-490	422	47	the	the	DET
ftr-490	422	48	unrepaid	unrepaid	ADJ
ftr-490	422	49	loan	loan	NOUN
ftr-490	422	50	proceeds	proceed	NOUN
ftr-490	422	51	.	.	PUNCT
ftr-490	423	1	the	the	DET
ftr-490	423	2	taxpayer	taxpayer	NOUN
ftr-490	423	3	will	will	AUX
ftr-490	423	4	have	have	AUX
ftr-490	423	5	received	receive	VERB
ftr-490	423	6	fimds	fimds	NOUN
ftr-490	423	7	whose	whose	DET
ftr-490	423	8	tax	tax	NOUN
ftr-490	423	9	-	-	PUNCT
ftr-490	423	10	free	free	ADJ
ftr-490	423	11	receipt	receipt	NOUN
ftr-490	423	12	was	be	AUX
ftr-490	423	13	predicated	predicate	VERB
ftr-490	423	14	only	only	ADV
ftr-490	423	15	on	on	ADP
ftr-490	423	16	the	the	DET
ftr-490	423	17	assumption	assumption	NOUN
ftr-490	423	18	that	that	SCONJ
ftr-490	423	19	the	the	DET
ftr-490	423	20	loan	loan	NOUN
ftr-490	423	21	would	would	AUX
ftr-490	423	22	befully	befully	ADV
ftr-490	423	23	repaid	repay	VERB
ftr-490	423	24	.	.	PUNCT
ftr-490	424	1	nothing	nothing	PRON
ftr-490	424	2	in	in	ADP
ftr-490	424	3	the	the	DET
ftr-490	424	4	code	code	NOUN
ftr-490	424	5	calls	call	VERB
ftr-490	424	6	for	for	ADP
ftr-490	424	7	such	such	DET
ftr-490	424	8	a	a	DET
ftr-490	424	9	bizarre	bizarre	ADJ
ftr-490	424	10	result	result	NOUN
ftr-490	424	11	.	.	PUNCT
ftr-490	425	1	indeed	indeed	ADV
ftr-490	425	2	.	.	PUNCT
ftr-490	426	1	the	the	DET
ftr-490	426	2	fundamental	fundamental	ADJ
ftr-490	426	3	teaching	teaching	NOUN
ftr-490	426	4	of	of	ADP
ftr-490	426	5	this	this	DET
ftr-490	426	6	court	court	NOUN
ftr-490	426	7	in	in	ADP
ftr-490	426	8	crane	crane	NOUN
ftr-490	426	9	rejects	reject	VERB
ftr-490	426	10	it	it	PRON
ftr-490	426	11	.	.	PUNCT
ftr-490	427	1	as	as	SCONJ
ftr-490	427	2	we	we	PRON
ftr-490	427	3	have	have	AUX
ftr-490	427	4	shown	show	VERB
ftr-490	427	5	,	,	PUNCT
ftr-490	427	6	the	the	DET
ftr-490	427	7	inclusion	inclusion	NOUN
ftr-490	427	8	of	of	ADP
ftr-490	427	9	borrowed	borrow	VERB
ftr-490	427	10	funds	fund	NOUN
ftr-490	427	11	in	in	ADP
ftr-490	427	12	basis	basis	NOUN
ftr-490	427	13	-	-	PUNCT
ftr-490	427	14	where	where	SCONJ
ftr-490	427	15	the	the	DET
ftr-490	427	16	receipt	receipt	NOUN
ftr-490	427	17	of	of	ADP
ftr-490	427	18	such	such	ADJ
ftr-490	427	19	borrowing	borrowing	NOUN
ftr-490	427	20	was	be	AUX
ftr-490	427	21	not	not	PART
ftr-490	427	22	taxable	taxable	ADJ
ftr-490	427	23	-	-	PUNCT
ftr-490	427	24	requires	require	VERB
ftr-490	427	25	the	the	DET
ftr-490	427	26	quid	quid	ADJ
ftr-490	427	27	pro	pro	X
ftr-490	427	28	quo	quo	NOUN
ftr-490	427	29	of	of	ADP
ftr-490	427	30	including	include	VERB
ftr-490	427	31	the	the	DET
ftr-490	427	32	full	full	ADJ
ftr-490	427	33	amount	amount	NOUN
ftr-490	427	34	of	of	ADP
ftr-490	427	35	the	the	DET
ftr-490	427	36	unpaid	unpaid	ADJ
ftr-490	427	37	debt	debt	NOUN
ftr-490	427	38	in	in	ADP
ftr-490	427	39	amount	amount	NOUN
ftr-490	427	40	realized	realize	VERB
ftr-490	427	41	to	to	PART
ftr-490	427	42	insure	insure	VERB
ftr-490	427	43	that	that	SCONJ
ftr-490	427	44	all	all	DET
ftr-490	427	45	potential	potential	NOUN
ftr-490	427	46	for	for	ADP
ftr-490	427	47	income	income	NOUN
ftr-490	427	48	is	be	AUX
ftr-490	427	49	ultimately	ultimately	ADV
ftr-490	427	50	accounted	account	VERB
ftr-490	427	51	for	for	ADP
ftr-490	427	52	upon	upon	SCONJ
ftr-490	427	53	the	the	DET
ftr-490	427	54	sale	sale	NOUN
ftr-490	427	55	or	or	CCONJ
ftr-490	427	56	disposition	disposition	NOUN
ftr-490	427	57	of	of	ADP
ftr-490	427	58	the	the	DET
ftr-490	427	59	property	property	NOUN
ftr-490	427	60	.	.	PUNCT
ftr-490	428	1	if	if	SCONJ
ftr-490	428	2	such	such	ADJ
ftr-490	428	3	were	be	AUX
ftr-490	428	4	not	not	PART
ftr-490	428	5	the	the	DET
ftr-490	428	6	case	case	NOUN
ftr-490	428	7	,	,	PUNCT
ftr-490	428	8	the	the	DET
ftr-490	428	9	taxpayer	taxpayer	NOUN
ftr-490	428	10	would	would	AUX
ftr-490	428	11	have	have	VERB
ftr-490	428	12	the	the	DET
ftr-490	428	13	best	good	ADJ
ftr-490	428	14	of	of	ADP
ftr-490	428	15	both	both	DET
ftr-490	428	16	worlds	world	NOUN
ftr-490	428	17	-	-	PUNCT
ftr-490	428	18	basis	basis	NOUN
ftr-490	428	19	inflated	inflate	VERB
ftr-490	428	20	by	by	ADP
ftr-490	428	21	nonrecourse	nonrecourse	NOUN
ftr-490	428	22	indebtedness	indebtedness	NOUN
ftr-490	428	23	.	.	PUNCT
ftr-490	429	1	on	on	ADP
ftr-490	429	2	the	the	DET
ftr-490	429	3	assunption	assunption	NOUN
ftr-490	429	4	that	that	SCONJ
ftr-490	429	5	the	the	DET
ftr-490	429	6	debt	debt	NOUN
ftr-490	429	7	will	will	AUX
ftr-490	429	8	be	be	AUX
ftr-490	429	9	paid	pay	VERB
ftr-490	429	10	by	by	ADP
ftr-490	429	11	hint	hint	NOUN
ftr-490	429	12	.	.	PUNCT
ftr-490	430	1	and	and	CCONJ
ftr-490	430	2	the	the	DET
ftr-490	430	3	exclusion	exclusion	NOUN
ftr-490	430	4	of	of	ADP
ftr-490	430	5	the	the	DET
ftr-490	430	6	amount	amount	NOUN
ftr-490	430	7	of	of	ADP
ftr-490	430	8	the	the	DET
ftr-490	430	9	unpaid	unpaid	ADJ
ftr-490	430	10	debt	debt	NOUN
ftr-490	430	11	upon	upon	SCONJ
ftr-490	430	12	disposition	disposition	NOUN
ftr-490	430	13	,	,	PUNCT
ftr-490	430	14	even	even	ADV
ftr-490	430	15	though	though	SCONJ
ftr-490	430	16	we	we	PRON
ftr-490	430	17	then	then	ADV
ftr-490	430	18	know	know	VERB
ftr-490	430	19	with	with	ADP
ftr-490	430	20	certainty	certainty	NOUN
ftr-490	430	21	that	that	SCONJ
ftr-490	430	22	the	the	DET
ftr-490	430	23	taxpayer	taxpayer	NOUN
ftr-490	430	24	will	will	AUX
ftr-490	430	25	not	not	PART
ftr-490	430	26	pay	pay	VERB
ftr-490	430	27	the	the	DET
ftr-490	430	28	debt	debt	NOUN
ftr-490	430	29	because	because	SCONJ
ftr-490	430	30	it	it	PRON
ftr-490	430	31	has	have	AUX
ftr-490	430	32	been	be	AUX
ftr-490	430	33	transferred	transfer	VERB
ftr-490	430	34	with	with	ADP
ftr-490	430	35	the	the	DET
ftr-490	430	36	property	property	NOUN
ftr-490	430	37	.	.	PUNCT
ftr-490	431	1	a	a	DET
ftr-490	431	2	rational	rational	ADJ
ftr-490	431	3	tar	tar	NOUN
ftr-490	431	4	systen	systen	NOUN
ftr-490	431	5	can	can	AUX
ftr-490	431	6	not	not	PART
ftr-490	431	7	simultaneously	simultaneously	ADV
ftr-490	431	8	comprehend	comprehend	VERB
ftr-490	431	9	the	the	DET
ftr-490	431	10	adoption	adoption	NOUN
ftr-490	431	11	of	of	ADP
ftr-490	431	12	such	such	ADJ
ftr-490	431	13	contradictory	contradictory	ADJ
ftr-490	431	14	assumptions	assumption	NOUN
ftr-490	431	15	.	.	PUNCT
ftr-490	432	1	logic	logic	NOUN
ftr-490	432	2	,	,	PUNCT
ftr-490	432	3	and	and	CCONJ
ftr-490	432	4	the	the	DET
ftr-490	432	5	statute	statute	NOUN
ftr-490	432	6	's	's	PART
ftr-490	432	7	directive	directive	NOUN
ftr-490	432	8	to	to	PART
ftr-490	432	9	tax	tax	VERB
ftr-490	432	10	all	all	DET
ftr-490	432	11	income	income	NOUN
ftr-490	432	12	"	"	PUNCT
ftr-490	432	13	from	from	ADP
ftr-490	432	14	whatever	whatever	DET
ftr-490	432	15	source	source	NOUN
ftr-490	432	16	derived	derive	VERB
ftr-490	432	17	,	,	PUNCT
ftr-490	432	18	"	"	PUNCT
ftr-490	432	19	demand	demand	NOUN
ftr-490	432	20	that	that	SCONJ
ftr-490	432	21	if	if	SCONJ
ftr-490	432	22	nonrecourse	nonrecourse	NOUN
ftr-490	432	23	borrowed	borrow	VERB
ftr-490	432	24	funds	fund	NOUN
ftr-490	432	25	received	receive	VERB
ftr-490	432	26	tax	tax	NOUN
ftr-490	432	27	free	free	ADJ
ftr-490	432	28	can	can	AUX
ftr-490	432	29	purchase	purchase	VERB
ftr-490	432	30	basis	basis	NOUN
ftr-490	432	31	and	and	CCONJ
ftr-490	432	32	the	the	DET
ftr-490	432	33	resultant	resultant	NOUN
ftr-490	432	34	tax	tax	NOUN
ftr-490	432	35	deductions	deduction	NOUN
ftr-490	432	36	,	,	PUNCT
ftr-490	432	37	then	then	ADV
ftr-490	432	38	the	the	DET
ftr-490	432	39	unrepaid	unrepaid	ADJ
ftr-490	432	40	amount	amount	NOUN
ftr-490	432	41	of	of	ADP
ftr-490	432	42	such	such	ADJ
ftr-490	432	43	indebtedness	indebtedness	NOUN
ftr-490	432	44	must	must	AUX
ftr-490	432	45	be	be	AUX
ftr-490	432	46	included	include	VERB
ftr-490	432	47	in	in	ADP
ftr-490	432	48	amount	amount	NOUN
ftr-490	432	49	realized	realize	VERB
ftr-490	432	50	upon	upon	SCONJ
ftr-490	432	51	the	the	DET
ftr-490	432	52	disposition	disposition	NOUN
ftr-490	432	53	of	of	ADP
ftr-490	432	54	the	the	DET
ftr-490	432	55	property	property	NOUN
ftr-490	432	56	subject	subject	NOUN
ftr-490	432	57	to	to	ADP
ftr-490	432	58	the	the	DET
ftr-490	432	59	mortgage	mortgage	NOUN
ftr-490	432	60	.	.	PUNCT
ftr-490	433	1	i	i	PRON
ftr-490	433	2	d.	d.	PROPN
ftr-490	433	3	at	at	ADP
ftr-490	433	4	19	19	NUM
ftr-490	433	5	-	-	SYM
ftr-490	433	6	20	20	NUM
ftr-490	433	7	(	(	PUNCT
ftr-490	433	8	emphasis	emphasis	NOUN
ftr-490	433	9	added	add	VERB
ftr-490	433	10	)	)	PUNCT
ftr-490	433	11	.	.	PUNCT
ftr-490	434	1	58	58	NUM
ftr-490	434	2	.	.	PUNCT
ftr-490	435	1	at	at	ADP
ftr-490	435	2	page	page	NOUN
ftr-490	435	3	18	18	NUM
ftr-490	435	4	,	,	PUNCT
ftr-490	435	5	for	for	ADP
ftr-490	435	6	example	example	NOUN
ftr-490	435	7	,	,	PUNCT
ftr-490	435	8	the	the	DET
ftr-490	435	9	brief	brief	ADJ
ftr-490	435	10	states	state	NOUN
ftr-490	435	11	:	:	PUNCT
ftr-490	435	12	where	where	SCONJ
ftr-490	435	13	property	property	NOUN
ftr-490	435	14	is	be	AUX
ftr-490	435	15	used	use	VERB
ftr-490	435	16	to	to	PART
ftr-490	435	17	discharge	discharge	VERB
ftr-490	435	18	a	a	DET
ftr-490	435	19	debt	debt	NOUN
ftr-490	435	20	.	.	PUNCT
ftr-490	436	1	the	the	DET
ftr-490	436	2	amount	amount	NOUN
ftr-490	436	3	of	of	ADP
ftr-490	436	4	the	the	DET
ftr-490	436	5	debt	debt	NOUN
ftr-490	436	6	discharged	discharge	VERB
ftr-490	436	7	may	may	AUX
ftr-490	436	8	be	be	AUX
ftr-490	436	9	greater	great	ADJ
ftr-490	436	10	than	than	ADP
ftr-490	436	11	the	the	DET
ftr-490	436	12	value	value	NOUN
ftr-490	436	13	of	of	ADP
ftr-490	436	14	the	the	DET
ftr-490	436	15	property	property	NOUN
ftr-490	436	16	transferred	transfer	VERB
ftr-490	436	17	.	.	PUNCT
ftr-490	437	1	where	where	SCONJ
ftr-490	437	2	the	the	DET
ftr-490	437	3	proceeds	proceed	NOUN
ftr-490	437	4	of	of	ADP
ftr-490	437	5	the	the	DET
ftr-490	437	6	loan	loan	NOUN
ftr-490	437	7	represented	represent	VERB
ftr-490	437	8	by	by	ADP
ftr-490	437	9	the	the	DET
ftr-490	437	10	debt	debt	NOUN
ftr-490	437	11	are	be	AUX
ftr-490	437	12	received	receive	VERB
ftr-490	437	13	tax	tax	NOUN
ftr-490	437	14	free	free	ADJ
ftr-490	437	15	,	,	PUNCT
ftr-490	437	16	and	and	CCONJ
ftr-490	437	17	the	the	DET
ftr-490	437	18	creditor	creditor	NOUN
ftr-490	437	19	accepts	accept	VERB
ftr-490	437	20	the	the	DET
ftr-490	437	21	property	property	NOUN
ftr-490	437	22	in	in	ADP
ftr-490	437	23	full	full	ADJ
ftr-490	437	24	satisfaction	satisfaction	NOUN
ftr-490	437	25	of	of	ADP
ftr-490	437	26	the	the	DET
ftr-490	437	27	remaining	remain	VERB
ftr-490	437	28	debt	debt	NOUN
ftr-490	437	29	,	,	PUNCT
ftr-490	437	30	the	the	DET
ftr-490	437	31	debtor	debtor	NOUN
ftr-490	437	32	's	's	PART
ftr-490	437	33	taxable	taxable	ADJ
ftr-490	437	34	gain	gain	NOUN
ftr-490	437	35	or	or	CCONJ
ftr-490	437	36	loss	loss	NOUN
ftr-490	437	37	on	on	ADP
ftr-490	437	38	the	the	DET
ftr-490	437	39	property	property	NOUN
ftr-490	437	40	transferred	transfer	VERB
ftr-490	437	41	is	be	AUX
ftr-490	437	42	measured	measure	VERB
ftr-490	437	43	by	by	ADP
ftr-490	437	44	including	include	VERB
ftr-490	437	45	the	the	DET
ftr-490	437	46	full	full	ADJ
ftr-490	437	47	amount	amount	NOUN
ftr-490	437	48	of	of	ADP
ftr-490	437	49	the	the	DET
ftr-490	437	50	debt	debt	NOUN
ftr-490	437	51	discharged	discharge	VERB
ftr-490	437	52	as	as	SCONJ
ftr-490	437	53	the	the	DET
ftr-490	437	54	consideration	consideration	NOUN
ftr-490	437	55	received	receive	VERB
ftr-490	437	56	.	.	PUNCT
ftr-490	438	1	this	this	DET
ftr-490	438	2	situation	situation	NOUN
ftr-490	438	3	occurs	occur	VERB
ftr-490	438	4	where	where	SCONJ
ftr-490	438	5	,	,	PUNCT
ftr-490	438	6	as	as	ADP
ftr-490	438	7	here	here	ADV
ftr-490	438	8	,	,	PUNCT
ftr-490	438	9	property	property	NOUN
ftr-490	438	10	subject	subject	NOUN
ftr-490	438	11	to	to	ADP
ftr-490	438	12	a	a	DET
ftr-490	438	13	nonrecourse	nonrecourse	NOUN
ftr-490	438	14	mortgage	mortgage	NOUN
ftr-490	438	15	is	be	AUX
ftr-490	438	16	transferred	transfer	VERB
ftr-490	438	17	subject	subject	ADJ
ftr-490	438	18	to	to	ADP
ftr-490	438	19	the	the	DET
ftr-490	438	20	mortgage	mortgage	NOUN
ftr-490	438	21	and	and	CCONJ
ftr-490	438	22	the	the	DET
ftr-490	438	23	amount	amount	NOUN
ftr-490	438	24	of	of	ADP
ftr-490	438	25	the	the	DET
ftr-490	438	26	outstanding	outstanding	ADJ
ftr-490	438	27	mortgage	mortgage	NOUN
ftr-490	438	28	exceeds	exceed	VERB
ftr-490	438	29	the	the	DET
ftr-490	438	30	value	value	NOUN
ftr-490	438	31	of	of	ADP
ftr-490	438	32	the	the	DET
ftr-490	438	33	property	property	NOUN
ftr-490	438	34	.	.	PUNCT
ftr-490	439	1	i	i	PRON
ftr-490	439	2	d.	d.	PROPN
ftr-490	439	3	at	at	ADP
ftr-490	439	4	18	18	NUM
ftr-490	439	5	.	.	PUNCT
ftr-490	440	1	there	there	PRON
ftr-490	440	2	is	be	VERB
ftr-490	440	3	no	no	DET
ftr-490	440	4	disclaimer	disclaimer	NOUN
ftr-490	440	5	to	to	ADP
ftr-490	440	6	the	the	DET
ftr-490	440	7	effect	effect	NOUN
ftr-490	440	8	that	that	SCONJ
ftr-490	440	9	"	"	PUNCT
ftr-490	440	10	this	this	DET
ftr-490	440	11	situation	situation	NOUN
ftr-490	440	12	"	"	PUNCT
ftr-490	440	13	specifically	specifically	ADV
ftr-490	440	14	does	do	AUX
ftr-490	440	15	not	not	PART
ftr-490	440	16	include	include	VERB
ftr-490	440	17	a	a	DET
ftr-490	440	18	tufts	tufts	NOUN
ftr-490	440	19	situation	situation	NOUN
ftr-490	440	20	where	where	SCONJ
ftr-490	440	21	the	the	DET
ftr-490	440	22	debt	debt	NOUN
ftr-490	440	23	is	be	AUX
ftr-490	440	24	recourse	recourse	NOUN
ftr-490	440	25	.	.	PUNCT
ftr-490	441	1	19921	19921	NUM
ftr-490	441	2	florida	florida	PROPN
ftr-490	441	3	tax	tax	NOUN
ftr-490	441	4	review	review	NOUN
ftr-490	441	5	rules	rule	NOUN
ftr-490	441	6	that	that	PRON
ftr-490	441	7	are	be	AUX
ftr-490	441	8	to	to	PART
ftr-490	441	9	be	be	AUX
ftr-490	441	10	applied	apply	VERB
ftr-490	441	11	when	when	SCONJ
ftr-490	441	12	the	the	DET
ftr-490	441	13	taxpayer	taxpayer	NOUN
ftr-490	441	14	is	be	AUX
ftr-490	441	15	personally	personally	ADV
ftr-490	441	16	liable	liable	ADJ
ftr-490	441	17	on	on	ADP
ftr-490	441	18	the	the	DET
ftr-490	441	19	note	note	NOUN
ftr-490	441	20	.	.	PUNCT
ftr-490	442	1	if	if	SCONJ
ftr-490	442	2	the	the	DET
ftr-490	442	3	taxpayer	taxpayer	NOUN
ftr-490	442	4	is	be	AUX
ftr-490	442	5	personally	personally	ADV
ftr-490	442	6	liable	liable	ADJ
ftr-490	442	7	,	,	PUNCT
ftr-490	442	8	the	the	DET
ftr-490	442	9	regulations	regulation	NOUN
ftr-490	442	10	prescribe	prescribe	NOUN
ftr-490	442	11	,	,	PUNCT
ftr-490	442	12	there	there	PRON
ftr-490	442	13	is	be	VERB
ftr-490	442	14	to	to	PART
ftr-490	442	15	be	be	AUX
ftr-490	442	16	a	a	DET
ftr-490	442	17	separate	separate	ADJ
ftr-490	442	18	reckoning	reckoning	NOUN
ftr-490	442	19	for	for	ADP
ftr-490	442	20	the	the	DET
ftr-490	442	21	gain	gain	NOUN
ftr-490	442	22	or	or	CCONJ
ftr-490	442	23	loss	loss	NOUN
ftr-490	442	24	derived	derive	VERB
ftr-490	442	25	from	from	ADP
ftr-490	442	26	the	the	DET
ftr-490	442	27	liability	liability	NOUN
ftr-490	442	28	transaction	transaction	NOUN
ftr-490	442	29	as	as	ADP
ftr-490	442	30	such	such	ADJ
ftr-490	442	31	,	,	PUNCT
ftr-490	442	32	and	and	CCONJ
ftr-490	442	33	for	for	SCONJ
ftr-490	442	34	that	that	DET
ftr-490	442	35	purpose	purpose	NOUN
ftr-490	442	36	-	-	PUNCT
ftr-490	442	37	i.e.	i.e.	X
ftr-490	442	38	,	,	PUNCT
ftr-490	442	39	to	to	PART
ftr-490	442	40	separate	separate	VERB
ftr-490	442	41	the	the	DET
ftr-490	442	42	asset	asset	NOUN
ftr-490	442	43	gain	gain	NOUN
ftr-490	442	44	and	and	CCONJ
ftr-490	442	45	the	the	DET
ftr-490	442	46	liability	liability	NOUN
ftr-490	442	47	gain	gain	NOUN
ftr-490	442	48	-	-	PUNCT
ftr-490	442	49	the	the	DET
ftr-490	442	50	amount	amount	NOUN
ftr-490	442	51	deemed	deem	VERB
ftr-490	442	52	received	receive	VERB
ftr-490	442	53	by	by	ADP
ftr-490	442	54	the	the	DET
ftr-490	442	55	taxpayer	taxpayer	NOUN
ftr-490	442	56	for	for	ADP
ftr-490	442	57	the	the	DET
ftr-490	442	58	asset	asset	NOUN
ftr-490	442	59	and	and	CCONJ
ftr-490	442	60	expended	expend	VERB
ftr-490	442	61	by	by	ADP
ftr-490	442	62	him	he	PRON
ftr-490	442	63	for	for	ADP
ftr-490	442	64	the	the	DET
ftr-490	442	65	liability	liability	NOUN
ftr-490	442	66	relief	relief	NOUN
ftr-490	442	67	is	be	AUX
ftr-490	442	68	to	to	PART
ftr-490	442	69	be	be	AUX
ftr-490	442	70	fixed	fix	VERB
ftr-490	442	71	by	by	ADP
ftr-490	442	72	the	the	DET
ftr-490	442	73	value	value	NOUN
ftr-490	442	74	of	of	ADP
ftr-490	442	75	the	the	DET
ftr-490	442	76	exchanged	exchange	VERB
ftr-490	442	77	items	item	NOUN
ftr-490	442	78	.	.	PUNCT
ftr-490	443	1	it	it	PRON
ftr-490	443	2	is	be	AUX
ftr-490	443	3	only	only	ADV
ftr-490	443	4	when	when	SCONJ
ftr-490	443	5	the	the	DET
ftr-490	443	6	liability	liability	NOUN
ftr-490	443	7	is	be	AUX
ftr-490	443	8	without	without	ADP
ftr-490	443	9	recourse	recourse	NOUN
ftr-490	443	10	that	that	SCONJ
ftr-490	443	11	there	there	PRON
ftr-490	443	12	is	be	VERB
ftr-490	443	13	to	to	PART
ftr-490	443	14	be	be	AUX
ftr-490	443	15	no	no	DET
ftr-490	443	16	separate	separate	ADJ
ftr-490	443	17	accounting	accounting	NOUN
ftr-490	443	18	for	for	ADP
ftr-490	443	19	the	the	DET
ftr-490	443	20	liability	liability	NOUN
ftr-490	443	21	gain	gain	NOUN
ftr-490	443	22	;	;	PUNCT
ftr-490	443	23	only	only	ADV
ftr-490	443	24	then	then	ADV
ftr-490	443	25	that	that	SCONJ
ftr-490	443	26	the	the	DET
ftr-490	443	27	amount	amount	NOUN
ftr-490	443	28	deemed	deem	VERB
ftr-490	443	29	received	receive	VERB
ftr-490	443	30	for	for	ADP
ftr-490	443	31	the	the	DET
ftr-490	443	32	asset	asset	NOUN
ftr-490	443	33	is	be	AUX
ftr-490	443	34	to	to	PART
ftr-490	443	35	be	be	AUX
ftr-490	443	36	fixed	fix	VERB
ftr-490	443	37	by	by	ADP
ftr-490	443	38	the	the	DET
ftr-490	443	39	basis	basis	NOUN
ftr-490	443	40	of	of	ADP
ftr-490	443	41	the	the	DET
ftr-490	443	42	liability	liability	NOUN
ftr-490	443	43	;	;	PUNCT
ftr-490	443	44	and	and	CCONJ
ftr-490	443	45	only	only	ADV
ftr-490	443	46	then	then	ADV
ftr-490	443	47	that	that	SCONJ
ftr-490	443	48	the	the	DET
ftr-490	443	49	entire	entire	ADJ
ftr-490	443	50	gain	gain	NOUN
ftr-490	443	51	is	be	AUX
ftr-490	443	52	to	to	PART
ftr-490	443	53	be	be	AUX
ftr-490	443	54	treated	treat	VERB
ftr-490	443	55	as	as	ADP
ftr-490	443	56	an	an	DET
ftr-490	443	57	asset	asset	NOUN
ftr-490	443	58	gain.59	gain.59	NOUN
ftr-490	443	59	in	in	ADP
ftr-490	443	60	responding	respond	VERB
ftr-490	443	61	to	to	ADP
ftr-490	443	62	the	the	DET
ftr-490	443	63	amicus	amicus	NOUN
ftr-490	443	64	brief	brief	NOUN
ftr-490	443	65	,	,	PUNCT
ftr-490	443	66	the	the	DET
ftr-490	443	67	government	government	NOUN
ftr-490	443	68	's	's	PART
ftr-490	443	69	reply	reply	NOUN
ftr-490	443	70	brief	brief	NOUN
ftr-490	443	71	never	never	ADV
ftr-490	443	72	acknowledges	acknowledge	VERB
ftr-490	443	73	its	its	PRON
ftr-490	443	74	own	own	ADJ
ftr-490	443	75	regulations	regulation	NOUN
ftr-490	443	76	regarding	regard	VERB
ftr-490	443	77	recourse	recourse	NOUN
ftr-490	443	78	debt	debt	NOUN
ftr-490	443	79	save	save	NOUN
ftr-490	443	80	in	in	ADP
ftr-490	443	81	a	a	DET
ftr-490	443	82	footnote	footnote	NOUN
ftr-490	443	83	,	,	PUNCT
ftr-490	443	84	and	and	CCONJ
ftr-490	443	85	it	it	PRON
ftr-490	443	86	misstates	misstate	VERB
ftr-490	443	87	the	the	DET
ftr-490	443	88	law	law	NOUN
ftr-490	443	89	as	as	ADP
ftr-490	443	90	to	to	ADP
ftr-490	443	91	that	that	PRON
ftr-490	443	92	!	!	PUNCT
ftr-490	444	1	it	it	PRON
ftr-490	444	2	is	be	AUX
ftr-490	444	3	the	the	DET
ftr-490	444	4	most	most	ADV
ftr-490	444	5	telling	telling	ADJ
ftr-490	444	6	evidence	evidence	NOUN
ftr-490	444	7	that	that	SCONJ
ftr-490	444	8	the	the	DET
ftr-490	444	9	government	government	NOUN
ftr-490	444	10	itself	itself	PRON
ftr-490	444	11	was	be	AUX
ftr-490	444	12	not	not	PART
ftr-490	444	13	aware	aware	ADJ
ftr-490	444	14	of	of	ADP
ftr-490	444	15	the	the	DET
ftr-490	444	16	dichotomy	dichotomy	NOUN
ftr-490	444	17	it	it	PRON
ftr-490	444	18	was	be	AUX
ftr-490	444	19	cementing	cement	VERB
ftr-490	444	20	with	with	ADP
ftr-490	444	21	its	its	PRON
ftr-490	444	22	arguments	argument	NOUN
ftr-490	444	23	.	.	PUNCT
ftr-490	445	1	finally	finally	ADV
ftr-490	445	2	,	,	PUNCT
ftr-490	445	3	we	we	PRON
ftr-490	445	4	reject	reject	VERB
ftr-490	445	5	the	the	DET
ftr-490	445	6	amicus	amicus	NOUN
ftr-490	445	7	barnett	barnett	PROPN
ftr-490	445	8	's	's	PART
ftr-490	445	9	thesis	thesis	NOUN
ftr-490	445	10	...	...	PUNCT
ftr-490	445	11	that	that	SCONJ
ftr-490	445	12	the	the	DET
ftr-490	445	13	gain	gain	NOUN
ftr-490	445	14	in	in	ADP
ftr-490	445	15	this	this	DET
ftr-490	445	16	case	case	NOUN
ftr-490	445	17	is	be	AUX
ftr-490	445	18	ordinary	ordinary	ADJ
ftr-490	445	19	income	income	NOUN
ftr-490	445	20	from	from	ADP
ftr-490	445	21	the	the	DET
ftr-490	445	22	cancellation	cancellation	NOUN
ftr-490	445	23	of	of	ADP
ftr-490	445	24	indebtedness	indebtedness	NOUN
ftr-490	445	25	under	under	ADP
ftr-490	445	26	section	section	NOUN
ftr-490	445	27	61(a)(12	61(a)(12	NUM
ftr-490	445	28	)	)	PUNCT
ftr-490	445	29	....	....	PUNCT
ftr-490	446	1	if	if	SCONJ
ftr-490	446	2	one	one	NUM
ftr-490	446	3	were	be	AUX
ftr-490	446	4	writing	write	VERB
ftr-490	446	5	on	on	ADP
ftr-490	446	6	a	a	DET
ftr-490	446	7	clean	clean	ADJ
ftr-490	446	8	slate	slate	NOUN
ftr-490	446	9	in	in	ADP
ftr-490	446	10	this	this	DET
ftr-490	446	11	area	area	NOUN
ftr-490	446	12	and	and	CCONJ
ftr-490	446	13	considering	consider	VERB
ftr-490	446	14	the	the	DET
ftr-490	446	15	question	question	NOUN
ftr-490	446	16	as	as	ADP
ftr-490	446	17	an	an	DET
ftr-490	446	18	original	original	ADJ
ftr-490	446	19	matter	matter	NOUN
ftr-490	446	20	,	,	PUNCT
ftr-490	446	21	one	one	PRON
ftr-490	446	22	might	might	AUX
ftr-490	446	23	construct	construct	VERB
ftr-490	446	24	a	a	DET
ftr-490	446	25	theory	theory	NOUN
ftr-490	446	26	that	that	PRON
ftr-490	446	27	would	would	AUX
ftr-490	446	28	assign	assign	VERB
ftr-490	446	29	"	"	PUNCT
ftr-490	446	30	basis	basis	NOUN
ftr-490	446	31	"	"	PUNCT
ftr-490	446	32	to	to	ADP
ftr-490	446	33	liabilities	liability	NOUN
ftr-490	446	34	,	,	PUNCT
ftr-490	446	35	attribute	attribute	NOUN
ftr-490	446	36	significance	significance	NOUN
ftr-490	446	37	to	to	ADP
ftr-490	446	38	the	the	DET
ftr-490	446	39	value	value	NOUN
ftr-490	446	40	of	of	ADP
ftr-490	446	41	nonrecourse	nonrecourse	NOUN
ftr-490	446	42	liability	liability	NOUN
ftr-490	446	43	securing	secure	VERB
ftr-490	446	44	property	property	NOUN
ftr-490	446	45	at	at	ADP
ftr-490	446	46	the	the	DET
ftr-490	446	47	time	time	NOUN
ftr-490	446	48	of	of	ADP
ftr-490	446	49	its	its	PRON
ftr-490	446	50	cancellation	cancellation	NOUN
ftr-490	446	51	,	,	PUNCT
ftr-490	446	52	and	and	CCONJ
ftr-490	446	53	break	break	VERB
ftr-490	446	54	down	down	ADP
ftr-490	446	55	a	a	DET
ftr-490	446	56	disposition	disposition	NOUN
ftr-490	446	57	of	of	ADP
ftr-490	446	58	property	property	NOUN
ftr-490	446	59	subject	subject	NOUN
ftr-490	446	60	to	to	ADP
ftr-490	446	61	a	a	DET
ftr-490	446	62	nonrecourse	nonrecourse	NOUN
ftr-490	446	63	mortgage	mortgage	NOUN
ftr-490	446	64	into	into	ADP
ftr-490	446	65	its	its	PRON
ftr-490	446	66	component	component	NOUN
ftr-490	446	67	parts	part	NOUN
ftr-490	446	68	.	.	PUNCT
ftr-490	447	1	in	in	ADP
ftr-490	447	2	these	these	DET
ftr-490	447	3	circumstances	circumstance	NOUN
ftr-490	447	4	,	,	PUNCT
ftr-490	447	5	one	one	PRON
ftr-490	447	6	could	could	AUX
ftr-490	447	7	well	well	ADV
ftr-490	447	8	conclude	conclude	VERB
ftr-490	447	9	that	that	SCONJ
ftr-490	447	10	ordinary	ordinary	ADJ
ftr-490	447	11	income	income	NOUN
ftr-490	447	12	treatment	treatment	NOUN
ftr-490	447	13	for	for	ADP
ftr-490	447	14	respondents	respondent	NOUN
ftr-490	447	15	'	'	PART
ftr-490	447	16	relief	relief	NOUN
ftr-490	447	17	from	from	ADP
ftr-490	447	18	indebtedness	indebtedness	NOUN
ftr-490	447	19	would	would	AUX
ftr-490	447	20	be	be	AUX
ftr-490	447	21	appropriate	appropriate	ADJ
ftr-490	447	22	.	.	PUNCT
ftr-490	448	1	indeed	indeed	ADV
ftr-490	448	2	,	,	PUNCT
ftr-490	448	3	if	if	SCONJ
ftr-490	448	4	respondents	respondent	NOUN
ftr-490	448	5	are	be	AUX
ftr-490	448	6	correct	correct	ADJ
ftr-490	448	7	in	in	ADP
ftr-490	448	8	urging	urge	VERB
ftr-490	448	9	that	that	SCONJ
ftr-490	448	10	their	their	PRON
ftr-490	448	11	amount	amount	NOUN
ftr-490	448	12	realized	realize	VERB
ftr-490	448	13	is	be	AUX
ftr-490	448	14	limited	limit	VERB
ftr-490	448	15	to	to	ADP
ftr-490	448	16	the	the	DET
ftr-490	448	17	$	$	SYM
ftr-490	448	18	1.4	1.4	NUM
ftr-490	448	19	million	million	NUM
ftr-490	448	20	value	value	NOUN
ftr-490	448	21	of	of	ADP
ftr-490	448	22	the	the	DET
ftr-490	448	23	property	property	NOUN
ftr-490	448	24	,	,	PUNCT
ftr-490	448	25	then	then	ADV
ftr-490	448	26	the	the	DET
ftr-490	448	27	gain	gain	NOUN
ftr-490	448	28	that	that	PRON
ftr-490	448	29	respondents	respondent	NOUN
ftr-490	448	30	unquestionably	unquestionably	ADV
ftr-490	448	31	realized	realize	VERB
ftr-490	448	32	must	must	AUX
ftr-490	448	33	be	be	AUX
ftr-490	448	34	accounted	account	VERB
ftr-490	448	35	for	for	ADP
ftr-490	448	36	as	as	ADP
ftr-490	448	37	ordinary	ordinary	ADJ
ftr-490	448	38	income	income	NOUN
ftr-490	448	39	from	from	ADP
ftr-490	448	40	the	the	DET
ftr-490	448	41	cancellation	cancellation	NOUN
ftr-490	448	42	of	of	ADP
ftr-490	448	43	indebtedness	indebtedness	NOUN
ftr-490	448	44	.	.	PUNCT
ftr-490	449	1	but	but	CCONJ
ftr-490	449	2	the	the	DET
ftr-490	449	3	tax	tax	NOUN
ftr-490	449	4	law	law	NOUN
ftr-490	449	5	has	have	AUX
ftr-490	449	6	not	not	PART
ftr-490	449	7	traveled	travel	VERB
ftr-490	449	8	down	down	ADP
ftr-490	449	9	that	that	DET
ftr-490	449	10	path	path	NOUN
ftr-490	449	11	and	and	CCONJ
ftr-490	449	12	no	no	DET
ftr-490	449	13	one	one	NOUN
ftr-490	449	14	in	in	ADP
ftr-490	449	15	this	this	DET
ftr-490	449	16	litigation	litigation	NOUN
ftr-490	449	17	or	or	CCONJ
ftr-490	449	18	in	in	ADP
ftr-490	449	19	any	any	PRON
ftr-490	449	20	of	of	ADP
ftr-490	449	21	the	the	DET
ftr-490	449	22	previous	previous	ADJ
ftr-490	449	23	cases	case	NOUN
ftr-490	449	24	has	have	AUX
ftr-490	449	25	urged	urge	VERB
ftr-490	449	26	that	that	SCONJ
ftr-490	449	27	the	the	DET
ftr-490	449	28	gain	gain	NOUN
ftr-490	449	29	realized	realize	VERB
ftr-490	449	30	in	in	ADP
ftr-490	449	31	such	such	ADJ
ftr-490	449	32	circumstances	circumstance	NOUN
ftr-490	449	33	is	be	AUX
ftr-490	449	34	taxable	taxable	ADJ
ftr-490	449	35	as	as	ADP
ftr-490	449	36	ordinary	ordinary	ADJ
ftr-490	449	37	income	income	NOUN
ftr-490	449	38	.	.	PUNCT
ftr-490	450	1	indeed	indeed	ADV
ftr-490	450	2	,	,	PUNCT
ftr-490	450	3	apart	apart	ADV
ftr-490	450	4	from	from	ADP
ftr-490	450	5	the	the	DET
ftr-490	450	6	anomaly	anomaly	NOUN
ftr-490	450	7	of	of	ADP
ftr-490	450	8	the	the	DET
ftr-490	450	9	59	59	NUM
ftr-490	450	10	.	.	PUNCT
ftr-490	450	11	brief	brief	PROPN
ftr-490	450	12	for	for	ADP
ftr-490	450	13	amicus	amicus	NOUN
ftr-490	450	14	curiae	curiae	NOUN
ftr-490	450	15	at	at	ADP
ftr-490	450	16	23	23	NUM
ftr-490	450	17	-	-	SYM
ftr-490	450	18	24	24	NUM
ftr-490	450	19	,	,	PUNCT
ftr-490	450	20	tufts	tuft	NOUN
ftr-490	450	21	(	(	PUNCT
ftr-490	450	22	no	no	NOUN
ftr-490	450	23	.	.	NOUN
ftr-490	450	24	81	81	NUM
ftr-490	450	25	-	-	PUNCT
ftr-490	450	26	1536	1536	NUM
ftr-490	450	27	)	)	PUNCT
ftr-490	450	28	(	(	PUNCT
ftr-490	450	29	footnote	footnote	VERB
ftr-490	450	30	omitted	omit	VERB
ftr-490	450	31	)	)	PUNCT
ftr-490	450	32	.	.	PUNCT
ftr-490	451	1	[	[	X
ftr-490	451	2	vol	vol	NOUN
ftr-490	451	3	,	,	PUNCT
ftr-490	451	4	1:3	1:3	NUM
ftr-490	451	5	tufts	tuft	NOUN
ftr-490	451	6	and	and	CCONJ
ftr-490	451	7	the	the	DET
ftr-490	451	8	evolution	evolution	NOUN
ftr-490	451	9	of	of	ADP
ftr-490	451	10	debt	debt	NOUN
ftr-490	451	11	-	-	PUNCT
ftr-490	451	12	discharge	discharge	NOUN
ftr-490	451	13	thteor	thteor	NOUN
ftr-490	451	14	decision	decision	NOUN
ftr-490	451	15	below	below	ADV
ftr-490	451	16	,	,	PUNCT
ftr-490	451	17	the	the	DET
ftr-490	451	18	entire	entire	ADJ
ftr-490	451	19	history	history	NOUN
ftr-490	451	20	of	of	ADP
ftr-490	451	21	the	the	DET
ftr-490	451	22	tax	tax	NOUN
ftr-490	451	23	treatment	treatment	NOUN
ftr-490	451	24	of	of	ADP
ftr-490	451	25	mortgage	mortgage	NOUN
ftr-490	451	26	indebtedness	indebtedness	NOUN
ftr-490	451	27	at	at	ADP
ftr-490	451	28	least	least	ADJ
ftr-490	451	29	since	since	SCONJ
ftr-490	451	30	crane	crane	NOUN
ftr-490	451	31	evidences	evidence	VERB
ftr-490	451	32	a	a	DET
ftr-490	451	33	consistent	consistent	ADJ
ftr-490	451	34	judicial	judicial	ADJ
ftr-490	451	35	treatment	treatment	NOUN
ftr-490	451	36	requiring	require	VERB
ftr-490	451	37	the	the	DET
ftr-490	451	38	inclusion	inclusion	NOUN
ftr-490	451	39	of	of	ADP
ftr-490	451	40	the	the	DET
ftr-490	451	41	full	full	ADJ
ftr-490	451	42	amount	amount	NOUN
ftr-490	451	43	of	of	ADP
ftr-490	451	44	the	the	DET
ftr-490	451	45	nonrecourse	nonrecourse	NOUN
ftr-490	451	46	mortgage	mortgage	NOUN
ftr-490	451	47	debt	debt	NOUN
ftr-490	451	48	in	in	ADP
ftr-490	451	49	the	the	DET
ftr-490	451	50	amount	amount	NOUN
ftr-490	451	51	realized	realize	VERB
ftr-490	451	52	for	for	ADP
ftr-490	451	53	the	the	DET
ftr-490	451	54	property	property	NOUN
ftr-490	451	55	,	,	PUNCT
ftr-490	451	56	regardless	regardless	ADV
ftr-490	451	57	of	of	ADP
ftr-490	451	58	the	the	DET
ftr-490	451	59	value	value	NOUN
ftr-490	451	60	of	of	ADP
ftr-490	451	61	the	the	DET
ftr-490	451	62	property	property	NOUN
ftr-490	451	63	upon	upon	SCONJ
ftr-490	451	64	disposition	disposition	NOUN
ftr-490	451	65	.	.	PUNCT
ftr-490	451	66	'	'	PUNCT
ftr-490	452	1	...	...	PUNCT
ftr-490	452	2	given	give	VERB
ftr-490	452	3	this	this	DET
ftr-490	452	4	well	well	ADV
ftr-490	452	5	-	-	PUNCT
ftr-490	452	6	established	establish	VERB
ftr-490	452	7	line	line	NOUN
ftr-490	452	8	of	of	ADP
ftr-490	452	9	authority	authority	NOUN
ftr-490	452	10	,	,	PUNCT
ftr-490	452	11	it	it	PRON
ftr-490	452	12	is	be	AUX
ftr-490	452	13	simply	simply	ADV
ftr-490	452	14	too	too	ADV
ftr-490	452	15	late	late	ADJ
ftr-490	452	16	in	in	ADP
ftr-490	452	17	the	the	DET
ftr-490	452	18	day	day	NOUN
ftr-490	452	19	to	to	PART
ftr-490	452	20	expand	expand	VERB
ftr-490	452	21	the	the	DET
ftr-490	452	22	scope	scope	NOUN
ftr-490	452	23	of	of	ADP
ftr-490	452	24	the	the	DET
ftr-490	452	25	question	question	NOUN
ftr-490	452	26	presented	present	VERB
ftr-490	452	27	in	in	ADP
ftr-490	452	28	this	this	DET
ftr-490	452	29	case	case	NOUN
ftr-490	452	30	so	so	SCONJ
ftr-490	452	31	as	as	SCONJ
ftr-490	452	32	to	to	PART
ftr-490	452	33	recast	recast	VERB
ftr-490	452	34	these	these	DET
ftr-490	452	35	transactions	transaction	NOUN
ftr-490	452	36	involving	involve	VERB
ftr-490	452	37	mortgage	mortgage	NOUN
ftr-490	452	38	debt	debt	NOUN
ftr-490	452	39	and	and	CCONJ
ftr-490	452	40	recharacterize	recharacterize	VERB
ftr-490	452	41	the	the	DET
ftr-490	452	42	nature	nature	NOUN
ftr-490	452	43	of	of	ADP
ftr-490	452	44	the	the	DET
ftr-490	452	45	gain	gain	NOUN
ftr-490	452	46	.	.	PUNCT
ftr-490	453	1	the	the	DET
ftr-490	453	2	commissioner	commissioner	NOUN
ftr-490	453	3	's	's	PART
ftr-490	453	4	longstanding	longstanding	ADJ
ftr-490	453	5	position	position	NOUN
ftr-490	453	6	to	to	PART
ftr-490	453	7	permit	permit	VERB
ftr-490	453	8	such	such	ADJ
ftr-490	453	9	gain	gain	NOUN
ftr-490	453	10	to	to	PART
ftr-490	453	11	be	be	AUX
ftr-490	453	12	attributed	attribute	VERB
ftr-490	453	13	to	to	ADP
ftr-490	453	14	the	the	DET
ftr-490	453	15	transfer	transfer	NOUN
ftr-490	453	16	of	of	ADP
ftr-490	453	17	the	the	DET
ftr-490	453	18	property	property	NOUN
ftr-490	453	19	subject	subject	NOUN
ftr-490	453	20	to	to	ADP
ftr-490	453	21	the	the	DET
ftr-490	453	22	mortgage	mortgage	NOUN
ftr-490	453	23	debt	debt	NOUN
ftr-490	453	24	is	be	AUX
ftr-490	453	25	a	a	DET
ftr-490	453	26	reasonable	reasonable	ADJ
ftr-490	453	27	and	and	CCONJ
ftr-490	453	28	permissible	permissible	ADJ
ftr-490	453	29	interpretation	interpretation	NOUN
ftr-490	453	30	of	of	ADP
ftr-490	453	31	the	the	DET
ftr-490	453	32	statutory	statutory	ADJ
ftr-490	453	33	definition	definition	NOUN
ftr-490	453	34	of	of	ADP
ftr-490	453	35	"	"	PUNCT
ftr-490	453	36	amount	amount	NOUN
ftr-490	453	37	realized	realize	VERB
ftr-490	453	38	"	"	PUNCT
ftr-490	453	39	in	in	ADP
ftr-490	453	40	section	section	NOUN
ftr-490	453	41	1001(b	1001(b	NUM
ftr-490	453	42	)	)	PUNCT
ftr-490	453	43	.	.	PUNCT
ftr-490	454	1	requiring	require	VERB
ftr-490	454	2	an	an	DET
ftr-490	454	3	unraveling	unraveling	NOUN
ftr-490	454	4	of	of	ADP
ftr-490	454	5	the	the	DET
ftr-490	454	6	various	various	ADJ
ftr-490	454	7	components	component	NOUN
ftr-490	454	8	of	of	ADP
ftr-490	454	9	assets	asset	NOUN
ftr-490	454	10	and	and	CCONJ
ftr-490	454	11	obligations	obligation	NOUN
ftr-490	454	12	conveyed	convey	VERB
ftr-490	454	13	in	in	ADP
ftr-490	454	14	the	the	DET
ftr-490	454	15	sale	sale	NOUN
ftr-490	454	16	of	of	ADP
ftr-490	454	17	property	property	NOUN
ftr-490	454	18	subject	subject	NOUN
ftr-490	454	19	to	to	ADP
ftr-490	454	20	a	a	DET
ftr-490	454	21	mortgage	mortgage	NOUN
ftr-490	454	22	,	,	PUNCT
ftr-490	454	23	and	and	CCONJ
ftr-490	454	24	an	an	DET
ftr-490	454	25	individualized	individualized	ADJ
ftr-490	454	26	computation	computation	NOUN
ftr-490	454	27	and	and	CCONJ
ftr-490	454	28	characterization	characterization	NOUN
ftr-490	454	29	of	of	ADP
ftr-490	454	30	the	the	DET
ftr-490	454	31	income	income	NOUN
ftr-490	454	32	or	or	CCONJ
ftr-490	454	33	loss	loss	NOUN
ftr-490	454	34	realized	realize	VERB
ftr-490	454	35	upon	upon	SCONJ
ftr-490	454	36	each	each	PRON
ftr-490	454	37	of	of	ADP
ftr-490	454	38	these	these	DET
ftr-490	454	39	components	component	NOUN
ftr-490	454	40	,	,	PUNCT
ftr-490	454	41	would	would	AUX
ftr-490	454	42	introduce	introduce	VERB
ftr-490	454	43	complexities	complexity	NOUN
ftr-490	454	44	of	of	ADP
ftr-490	454	45	enormous	enormous	ADJ
ftr-490	454	46	dimensions	dimension	NOUN
ftr-490	454	47	into	into	ADP
ftr-490	454	48	the	the	DET
ftr-490	454	49	taxation	taxation	NOUN
ftr-490	454	50	of	of	ADP
ftr-490	454	51	any	any	DET
ftr-490	454	52	sale	sale	NOUN
ftr-490	454	53	of	of	ADP
ftr-490	454	54	property	property	NOUN
ftr-490	454	55	subject	subject	NOUN
ftr-490	454	56	to	to	ADP
ftr-490	454	57	a	a	DET
ftr-490	454	58	purchase	purchase	NOUN
ftr-490	454	59	money	money	NOUN
ftr-490	454	60	obligation	obligation	NOUN
ftr-490	454	61	.	.	PUNCT
ftr-490	454	62	'	'	PUNCT
ftr-490	455	1	of	of	ADP
ftr-490	455	2	course	course	NOUN
ftr-490	455	3	,	,	PUNCT
ftr-490	455	4	if	if	SCONJ
ftr-490	455	5	property	property	NOUN
ftr-490	455	6	is	be	AUX
ftr-490	455	7	transferred	transfer	VERB
ftr-490	455	8	in	in	ADP
ftr-490	455	9	exchange	exchange	NOUN
ftr-490	455	10	for	for	ADP
ftr-490	455	11	the	the	DET
ftr-490	455	12	discharge	discharge	NOUN
ftr-490	455	13	of	of	ADP
ftr-490	455	14	an	an	DET
ftr-490	455	15	unrelated	unrelated	ADJ
ftr-490	455	16	recourse	recourse	NOUN
ftr-490	455	17	debt	debt	NOUN
ftr-490	455	18	,	,	PUNCT
ftr-490	455	19	the	the	DET
ftr-490	455	20	transaction	transaction	NOUN
ftr-490	455	21	may	may	AUX
ftr-490	455	22	produce	produce	VERB
ftr-490	455	23	ordinary	ordinary	ADJ
ftr-490	455	24	income	income	NOUN
ftr-490	455	25	from	from	ADP
ftr-490	455	26	the	the	DET
ftr-490	455	27	discharge	discharge	NOUN
ftr-490	455	28	of	of	ADP
ftr-490	455	29	indebtedness	indebtedness	NOUN
ftr-490	455	30	under	under	ADP
ftr-490	455	31	section	section	NOUN
ftr-490	455	32	61(a)(12	61(a)(12	NUM
ftr-490	455	33	)	)	PUNCT
ftr-490	455	34	of	of	ADP
ftr-490	455	35	the	the	DET
ftr-490	455	36	code	code	NOUN
ftr-490	455	37	.	.	PUNCT
ftr-490	456	1	see	see	VERB
ftr-490	456	2	treasury	treasury	PROPN
ftr-490	456	3	regulations	regulation	NOUN
ftr-490	456	4	on	on	ADP
ftr-490	456	5	income	income	NOUN
ftr-490	456	6	tax	tax	NOUN
ftr-490	456	7	(	(	PUNCT
ftr-490	456	8	1954	1954	NUM
ftr-490	456	9	code	code	NOUN
ftr-490	456	10	)	)	PUNCT
ftr-490	456	11	,	,	PUNCT
ftr-490	456	12	sections	section	VERB
ftr-490	456	13	1.1001	1.1001	NUM
ftr-490	456	14	-	-	SYM
ftr-490	456	15	2(a)(3	2(a)(3	NUM
ftr-490	456	16	)	)	PUNCT
ftr-490	456	17	and	and	CCONJ
ftr-490	456	18	1.1001	1.1001	NUM
ftr-490	456	19	-	-	SYM
ftr-490	456	20	2(c	2(c	NUM
ftr-490	456	21	)	)	PUNCT
ftr-490	456	22	,	,	PUNCT
ftr-490	456	23	example	example	NOUN
ftr-490	456	24	(	(	PUNCT
ftr-490	456	25	8)	8)	NUM
ftr-490	456	26	.	.	PUNCT
ftr-490	457	1	see	see	AUX
ftr-490	457	2	also	also	ADV
ftr-490	457	3	united	united	PROPN
ftr-490	457	4	states	states	PROPN
ftr-490	457	5	v.	v.	PROPN
ftr-490	457	6	davis	davis	PROPN
ftr-490	457	7	,	,	PUNCT
ftr-490	457	8	370	370	NUM
ftr-490	457	9	u.s	u.s	PROPN
ftr-490	457	10	.	.	PROPN
ftr-490	457	11	65	65	NUM
ftr-490	457	12	,	,	PUNCT
ftr-490	457	13	72	72	NUM
ftr-490	457	14	(	(	PUNCT
ftr-490	457	15	1962	1962	NUM
ftr-490	457	16	)	)	PUNCT
ftr-490	457	17	.	.	PUNCT
ftr-490	458	1	60	60	NUM
ftr-490	458	2	the	the	DET
ftr-490	458	3	brief	brief	NOUN
ftr-490	458	4	fails	fail	VERB
ftr-490	458	5	to	to	PART
ftr-490	458	6	indicate	indicate	VERB
ftr-490	458	7	that	that	SCONJ
ftr-490	458	8	the	the	DET
ftr-490	458	9	bifurcated	bifurcated	ADJ
ftr-490	458	10	approach	approach	NOUN
ftr-490	458	11	applies	apply	VERB
ftr-490	458	12	to	to	ADP
ftr-490	458	13	all	all	DET
ftr-490	458	14	tufts	tuft	NOUN
ftr-490	458	15	dispositions	disposition	NOUN
ftr-490	458	16	involving	involve	VERB
ftr-490	458	17	recourse	recourse	NOUN
ftr-490	458	18	debt	debt	NOUN
ftr-490	458	19	.	.	PUNCT
ftr-490	459	1	the	the	DET
ftr-490	459	2	footnote	footnote	NOUN
ftr-490	459	3	's	's	PART
ftr-490	459	4	statement	statement	NOUN
ftr-490	459	5	that	that	SCONJ
ftr-490	459	6	the	the	DET
ftr-490	459	7	bifurcated	bifurcated	ADJ
ftr-490	459	8	approach	approach	NOUN
ftr-490	459	9	applies	apply	VERB
ftr-490	459	10	only	only	ADV
ftr-490	459	11	in	in	ADP
ftr-490	459	12	cases	case	NOUN
ftr-490	459	13	of	of	ADP
ftr-490	459	14	the	the	DET
ftr-490	459	15	discharge	discharge	NOUN
ftr-490	459	16	of	of	ADP
ftr-490	459	17	"	"	PUNCT
ftr-490	459	18	unrelated	unrelated	ADJ
ftr-490	459	19	recourse	recourse	NOUN
ftr-490	459	20	debt	debt	NOUN
ftr-490	459	21	"	"	PUNCT
ftr-490	459	22	is	be	AUX
ftr-490	459	23	simply	simply	ADV
ftr-490	459	24	wrong	wrong	ADJ
ftr-490	459	25	.	.	PUNCT
ftr-490	460	1	the	the	DET
ftr-490	460	2	regulation	regulation	NOUN
ftr-490	460	3	's	's	PART
ftr-490	460	4	words	word	NOUN
ftr-490	460	5	are	be	AUX
ftr-490	460	6	not	not	PART
ftr-490	460	7	so	so	ADV
ftr-490	460	8	limited	limited	ADJ
ftr-490	460	9	,	,	PUNCT
ftr-490	460	10	"	"	PUNCT
ftr-490	460	11	and	and	CCONJ
ftr-490	460	12	the	the	DET
ftr-490	460	13	government	government	NOUN
ftr-490	460	14	has	have	AUX
ftr-490	460	15	not	not	PART
ftr-490	460	16	restricted	restrict	VERB
ftr-490	460	17	its	its	PRON
ftr-490	460	18	application	application	NOUN
ftr-490	460	19	to	to	ADP
ftr-490	460	20	cases	case	NOUN
ftr-490	460	21	of	of	ADP
ftr-490	460	22	"	"	PUNCT
ftr-490	460	23	unrelated	unrelated	ADJ
ftr-490	460	24	recourse	recourse	NOUN
ftr-490	460	25	debt	debt	NOUN
ftr-490	460	26	.	.	PUNCT
ftr-490	460	27	"	"	PUNCT
ftr-490	461	1	indeed	indeed	ADV
ftr-490	461	2	,	,	PUNCT
ftr-490	461	3	both	both	CCONJ
ftr-490	461	4	the	the	DET
ftr-490	461	5	technical	technical	ADJ
ftr-490	461	6	advice	advice	NOUN
ftr-490	461	7	memorandum	memorandum	NOUN
ftr-490	461	8	alluded	allude	VERB
ftr-490	461	9	to	to	ADP
ftr-490	461	10	in	in	ADP
ftr-490	461	11	part	part	NOUN
ftr-490	461	12	i	i	PRON
ftr-490	461	13	and	and	CCONJ
ftr-490	461	14	discussed	discuss	VERB
ftr-490	461	15	more	more	ADV
ftr-490	461	16	fully	fully	ADV
ftr-490	461	17	in	in	ADP
ftr-490	461	18	part	part	NOUN
ftr-490	461	19	iv	iv	ADP
ftr-490	461	20	and	and	CCONJ
ftr-490	461	21	recent	recent	ADJ
ftr-490	461	22	cases	case	NOUN
ftr-490	461	23	consciously	consciously	ADV
ftr-490	461	24	apply	apply	VERB
ftr-490	461	25	the	the	DET
ftr-490	461	26	bifurcated	bifurcated	ADJ
ftr-490	461	27	approach	approach	NOUN
ftr-490	461	28	to	to	PART
ftr-490	461	29	recourse	recourse	VERB
ftr-490	461	30	debt	debt	NOUN
ftr-490	461	31	that	that	PRON
ftr-490	461	32	relates	relate	VERB
ftr-490	461	33	solely	solely	ADV
ftr-490	461	34	to	to	ADP
ftr-490	461	35	the	the	DET
ftr-490	461	36	property	property	NOUN
ftr-490	461	37	transferred.62	transferred.62	NOUN
ftr-490	461	38	moreover	moreover	ADV
ftr-490	461	39	,	,	PUNCT
ftr-490	461	40	the	the	DET
ftr-490	461	41	bifurcated	bifurcated	ADJ
ftr-490	461	42	approach	approach	NOUN
ftr-490	461	43	,	,	PUNCT
ftr-490	461	44	which	which	PRON
ftr-490	461	45	the	the	DET
ftr-490	461	46	brief	brief	NOUN
ftr-490	461	47	implies	imply	VERB
ftr-490	461	48	to	to	ADP
ftr-490	461	49	60	60	NUM
ftr-490	461	50	.	.	PUNCT
ftr-490	462	1	reply	reply	NOUN
ftr-490	462	2	brief	brief	NOUN
ftr-490	462	3	for	for	ADP
ftr-490	462	4	the	the	DET
ftr-490	462	5	petitioner	petitioner	NOUN
ftr-490	462	6	at	at	ADP
ftr-490	462	7	7	7	NUM
ftr-490	462	8	-	-	SYM
ftr-490	462	9	9	9	NUM
ftr-490	462	10	.	.	PUNCT
ftr-490	462	11	tufts	tuft	NOUN
ftr-490	462	12	(	(	PUNCT
ftr-490	462	13	no	no	INTJ
ftr-490	462	14	.	.	NOUN
ftr-490	462	15	81	81	NUM
ftr-490	462	16	-	-	PUNCT
ftr-490	462	17	1536	1536	NUM
ftr-490	462	18	)	)	PUNCT
ftr-490	462	19	(	(	PUNCT
ftr-490	463	1	citations	citation	NOUN
ftr-490	463	2	omitted	omit	VERB
ftr-490	463	3	)	)	PUNCT
ftr-490	463	4	.	.	PUNCT
ftr-490	464	1	61	61	NUM
ftr-490	464	2	.	.	PUNCT
ftr-490	465	1	see	see	VERB
ftr-490	465	2	supra	supra	PROPN
ftr-490	465	3	notes	note	VERB
ftr-490	465	4	5	5	NUM
ftr-490	465	5	-	-	SYM
ftr-490	465	6	6	6	NUM
ftr-490	465	7	and	and	CCONJ
ftr-490	465	8	accompanying	accompany	VERB
ftr-490	465	9	text	text	NOUN
ftr-490	465	10	(	(	PUNCT
ftr-490	465	11	quoting	quote	VERB
ftr-490	465	12	the	the	DET
ftr-490	465	13	regulationi	regulationi	NOUN
ftr-490	465	14	.	.	PUNCT
ftr-490	466	1	62	62	NUM
ftr-490	466	2	.	.	PUNCT
ftr-490	467	1	see	see	VERB
ftr-490	467	2	supra	supra	PROPN
ftr-490	467	3	note	note	PROPN
ftr-490	467	4	2	2	NUM
ftr-490	467	5	and	and	CCONJ
ftr-490	467	6	accompanying	accompany	VERB
ftr-490	467	7	text	text	NOUN
ftr-490	467	8	.	.	PUNCT
ftr-490	468	1	infra	infra	NOUN
ftr-490	468	2	notes	note	VERB
ftr-490	468	3	72	72	NUM
ftr-490	468	4	and	and	CCONJ
ftr-490	468	5	174	174	NUM
ftr-490	468	6	-	-	SYM
ftr-490	468	7	90	90	NUM
ftr-490	468	8	and	and	CCONJ
ftr-490	468	9	19921	19921	NUM
ftr-490	468	10	florida	florida	PROPN
ftr-490	468	11	tax	tax	NOUN
ftr-490	468	12	review	review	NOUN
ftr-490	468	13	be	be	AUX
ftr-490	468	14	too	too	ADV
ftr-490	468	15	cumbersome	cumbersome	ADJ
ftr-490	468	16	to	to	PART
ftr-490	468	17	apply	apply	VERB
ftr-490	468	18	to	to	ADP
ftr-490	468	19	the	the	DET
ftr-490	468	20	transfer	transfer	NOUN
ftr-490	468	21	context	context	NOUN
ftr-490	468	22	and	and	CCONJ
ftr-490	468	23	thus	thus	ADV
ftr-490	468	24	should	should	AUX
ftr-490	468	25	not	not	PART
ftr-490	468	26	be	be	AUX
ftr-490	468	27	forced	force	VERB
ftr-490	468	28	unwillingly	unwillingly	ADV
ftr-490	468	29	on	on	ADP
ftr-490	468	30	the	the	DET
ftr-490	468	31	government	government	NOUN
ftr-490	468	32	,	,	PUNCT
ftr-490	468	33	is	be	AUX
ftr-490	468	34	the	the	DET
ftr-490	468	35	precise	precise	ADJ
ftr-490	468	36	approach	approach	NOUN
ftr-490	468	37	willingly	willingly	ADV
ftr-490	468	38	adopted	adopt	VERB
ftr-490	468	39	by	by	ADP
ftr-490	468	40	the	the	DET
ftr-490	468	41	government	government	NOUN
ftr-490	468	42	if	if	SCONJ
ftr-490	468	43	the	the	DET
ftr-490	468	44	debt	debt	NOUN
ftr-490	468	45	is	be	AUX
ftr-490	468	46	recourse	recourse	NOUN
ftr-490	468	47	.	.	PUNCT
ftr-490	469	1	the	the	DET
ftr-490	469	2	brief	brief	NOUN
ftr-490	469	3	fails	fail	VERB
ftr-490	469	4	to	to	PART
ftr-490	469	5	explain	explain	VERB
ftr-490	469	6	why	why	SCONJ
ftr-490	469	7	such	such	DET
ftr-490	469	8	an	an	DET
ftr-490	469	9	approach	approach	NOUN
ftr-490	469	10	is	be	AUX
ftr-490	469	11	too	too	ADV
ftr-490	469	12	cumbersome	cumbersome	ADJ
ftr-490	469	13	to	to	PART
ftr-490	469	14	apply	apply	VERB
ftr-490	469	15	in	in	ADP
ftr-490	469	16	the	the	DET
ftr-490	469	17	nonrecourse	nonrecourse	NOUN
ftr-490	469	18	context	context	NOUN
ftr-490	469	19	while	while	SCONJ
ftr-490	469	20	at	at	ADP
ftr-490	469	21	the	the	DET
ftr-490	469	22	same	same	ADJ
ftr-490	469	23	time	time	NOUN
ftr-490	469	24	is	be	AUX
ftr-490	469	25	not	not	PART
ftr-490	469	26	too	too	ADV
ftr-490	469	27	cumbersome	cumbersome	ADJ
ftr-490	469	28	to	to	PART
ftr-490	469	29	apply	apply	VERB
ftr-490	469	30	in	in	ADP
ftr-490	469	31	the	the	DET
ftr-490	469	32	recourse	recourse	NOUN
ftr-490	469	33	context	context	NOUN
ftr-490	469	34	,	,	PUNCT
ftr-490	469	35	and	and	CCONJ
ftr-490	469	36	more	more	ADV
ftr-490	469	37	important	important	ADJ
ftr-490	469	38	,	,	PUNCT
ftr-490	469	39	the	the	DET
ftr-490	469	40	brief	brief	NOUN
ftr-490	469	41	fails	fail	VERB
ftr-490	469	42	to	to	PART
ftr-490	469	43	offer	offer	VERB
ftr-490	469	44	any	any	DET
ftr-490	469	45	conceptual	conceptual	ADJ
ftr-490	469	46	justification	justification	NOUN
ftr-490	469	47	for	for	ADP
ftr-490	469	48	using	use	VERB
ftr-490	469	49	different	different	ADJ
ftr-490	469	50	approaches	approach	NOUN
ftr-490	469	51	,	,	PUNCT
ftr-490	469	52	which	which	PRON
ftr-490	469	53	leads	lead	VERB
ftr-490	469	54	to	to	ADP
ftr-490	469	55	the	the	DET
ftr-490	469	56	anomalies	anomaly	NOUN
ftr-490	469	57	described	describe	VERB
ftr-490	469	58	below	below	ADP
ftr-490	469	59	in	in	ADP
ftr-490	469	60	part	part	PROPN
ftr-490	469	61	iii	iii	NOUN
ftr-490	469	62	.	.	PUNCT
ftr-490	470	1	c.	c.	PROPN
ftr-490	470	2	finally	finally	ADV
ftr-490	470	3	,	,	PUNCT
ftr-490	470	4	in	in	ADP
ftr-490	470	5	its	its	PRON
ftr-490	470	6	principal	principal	ADJ
ftr-490	470	7	brief	brief	NOUN
ftr-490	470	8	,	,	PUNCT
ftr-490	470	9	the	the	DET
ftr-490	470	10	government	government	NOUN
ftr-490	470	11	selectively	selectively	ADV
ftr-490	470	12	quoted	quote	VERB
ftr-490	470	13	from	from	ADP
ftr-490	470	14	regulations	regulation	NOUN
ftr-490	470	15	section	section	NOUN
ftr-490	470	16	1.1001	1.1001	NUM
ftr-490	470	17	-	-	SYM
ftr-490	470	18	2	2	NUM
ftr-490	470	19	,	,	PUNCT
ftr-490	470	20	acknowledging	acknowledge	VERB
ftr-490	470	21	only	only	ADV
ftr-490	470	22	the	the	DET
ftr-490	470	23	tufts	tuft	NOUN
ftr-490	470	24	rule	rule	NOUN
ftr-490	470	25	memorialized	memorialize	VERB
ftr-490	470	26	there	there	ADV
ftr-490	470	27	and	and	CCONJ
ftr-490	470	28	quoting	quote	VERB
ftr-490	470	29	a	a	DET
ftr-490	470	30	consistent	consistent	ADJ
ftr-490	470	31	example	example	NOUN
ftr-490	470	32	involving	involve	VERB
ftr-490	470	33	nonrecourse	nonrecourse	NOUN
ftr-490	470	34	debt	debt	NOUN
ftr-490	470	35	.	.	PUNCT
ftr-490	471	1	the	the	DET
ftr-490	471	2	government	government	NOUN
ftr-490	471	3	failed	fail	VERB
ftr-490	471	4	to	to	PART
ftr-490	471	5	quote	quote	VERB
ftr-490	471	6	or	or	CCONJ
ftr-490	471	7	mention	mention	VERB
ftr-490	471	8	the	the	DET
ftr-490	471	9	portion	portion	NOUN
ftr-490	471	10	of	of	ADP
ftr-490	471	11	the	the	DET
ftr-490	471	12	regulation	regulation	NOUN
ftr-490	471	13	mandating	mandate	VERB
ftr-490	471	14	the	the	DET
ftr-490	471	15	bifurcated	bifurcated	ADJ
ftr-490	471	16	approach	approach	NOUN
ftr-490	471	17	for	for	ADP
ftr-490	471	18	recourse	recourse	NOUN
ftr-490	471	19	debt	debt	NOUN
ftr-490	471	20	;	;	PUNCT
ftr-490	471	21	in	in	ADP
ftr-490	471	22	fact	fact	NOUN
ftr-490	471	23	,	,	PUNCT
ftr-490	471	24	the	the	DET
ftr-490	471	25	government	government	NOUN
ftr-490	471	26	affirmatively	affirmatively	ADV
ftr-490	471	27	misstated	misstate	VERB
ftr-490	471	28	yet	yet	ADV
ftr-490	471	29	again	again	ADV
ftr-490	471	30	that	that	SCONJ
ftr-490	471	31	"	"	PUNCT
ftr-490	471	32	amount	amount	NOUN
ftr-490	471	33	realized	realize	VERB
ftr-490	471	34	"	"	PUNCT
ftr-490	471	35	always	always	ADV
ftr-490	471	36	includes	include	VERB
ftr-490	471	37	relief	relief	NOUN
ftr-490	471	38	from	from	ADP
ftr-490	471	39	debt	debt	NOUN
ftr-490	471	40	,	,	PUNCT
ftr-490	471	41	whether	whether	SCONJ
ftr-490	471	42	recourse	recourse	NOUN
ftr-490	471	43	or	or	CCONJ
ftr-490	471	44	nonrecourse	nonrecourse	NOUN
ftr-490	471	45	and	and	CCONJ
ftr-490	471	46	whether	whether	SCONJ
ftr-490	471	47	or	or	CCONJ
ftr-490	471	48	not	not	PART
ftr-490	471	49	the	the	DET
ftr-490	471	50	debt	debt	NOUN
ftr-490	471	51	exceeds	exceed	VERB
ftr-490	471	52	the	the	DET
ftr-490	471	53	value	value	NOUN
ftr-490	471	54	of	of	ADP
ftr-490	471	55	the	the	DET
ftr-490	471	56	property	property	NOUN
ftr-490	471	57	transferred	transfer	VERB
ftr-490	471	58	.	.	PUNCT
ftr-490	472	1	section	section	NOUN
ftr-490	472	2	1.1001	1.1001	NUM
ftr-490	472	3	-	-	SYM
ftr-490	472	4	2	2	NUM
ftr-490	472	5	of	of	ADP
ftr-490	472	6	the	the	DET
ftr-490	472	7	treasury	treasury	PROPN
ftr-490	472	8	regulations	regulation	NOUN
ftr-490	472	9	on	on	ADP
ftr-490	472	10	income	income	NOUN
ftr-490	472	11	tax	tax	NOUN
ftr-490	472	12	(	(	PUNCT
ftr-490	472	13	1954	1954	NUM
ftr-490	472	14	code	code	NOUN
ftr-490	472	15	)	)	PUNCT
ftr-490	472	16	(	(	PUNCT
ftr-490	472	17	26	26	NUM
ftr-490	472	18	c.f.r	c.f.r	NOUN
ftr-490	472	19	.	.	PUNCT
ftr-490	472	20	)	)	PUNCT
ftr-490	472	21	,	,	PUNCT
ftr-490	472	22	promulgated	promulgate	VERB
ftr-490	472	23	on	on	ADP
ftr-490	472	24	december	december	PROPN
ftr-490	472	25	12	12	NUM
ftr-490	472	26	,	,	PUNCT
ftr-490	472	27	1980	1980	NUM
ftr-490	472	28	...	...	PUNCT
ftr-490	472	29	explicitly	explicitly	ADV
ftr-490	472	30	provides	provide	VERB
ftr-490	472	31	that	that	SCONJ
ftr-490	472	32	the	the	DET
ftr-490	472	33	fair	fair	ADJ
ftr-490	472	34	market	market	NOUN
ftr-490	472	35	value	value	NOUN
ftr-490	472	36	of	of	ADP
ftr-490	472	37	property	property	NOUN
ftr-490	472	38	transferred	transfer	VERB
ftr-490	472	39	subject	subject	NOUN
ftr-490	472	40	to	to	ADP
ftr-490	472	41	nonrecourse	nonrecourse	NOUN
ftr-490	472	42	indebtedness	indebtedness	NOUN
ftr-490	472	43	"	"	PUNCT
ftr-490	472	44	is	be	AUX
ftr-490	472	45	not	not	PART
ftr-490	472	46	relevant	relevant	ADJ
ftr-490	472	47	"	"	PUNCT
ftr-490	472	48	in	in	ADP
ftr-490	472	49	determining	determine	VERB
ftr-490	472	50	the	the	DET
ftr-490	472	51	amount	amount	NOUN
ftr-490	472	52	realized	realize	VERB
ftr-490	472	53	on	on	ADP
ftr-490	472	54	the	the	DET
ftr-490	472	55	transfer	transfer	NOUN
ftr-490	472	56	....	....	PUNCT
ftr-490	473	1	example	example	NOUN
ftr-490	473	2	(	(	PUNCT
ftr-490	473	3	7	7	NUM
ftr-490	473	4	)	)	PUNCT
ftr-490	473	5	of	of	ADP
ftr-490	473	6	that	that	DET
ftr-490	473	7	regulation	regulation	NOUN
ftr-490	473	8	is	be	AUX
ftr-490	473	9	particularly	particularly	ADV
ftr-490	473	10	relevant	relevant	ADJ
ftr-490	473	11	,	,	PUNCT
ftr-490	473	12	for	for	SCONJ
ftr-490	473	13	it	it	PRON
ftr-490	473	14	describes	describe	VERB
ftr-490	473	15	a	a	DET
ftr-490	473	16	factual	factual	ADJ
ftr-490	473	17	situation	situation	NOUN
ftr-490	473	18	presenting	present	VERB
ftr-490	473	19	the	the	DET
ftr-490	473	20	same	same	ADJ
ftr-490	473	21	issues	issue	NOUN
ftr-490	473	22	as	as	ADP
ftr-490	473	23	the	the	DET
ftr-490	473	24	case	case	NOUN
ftr-490	473	25	at	at	ADP
ftr-490	473	26	bar	bar	NOUN
ftr-490	473	27	....	....	PUNCT
ftr-490	474	1	although	although	SCONJ
ftr-490	474	2	section	section	NOUN
ftr-490	474	3	1.1001	1.1001	NUM
ftr-490	474	4	-	-	SYM
ftr-490	474	5	2	2	NUM
ftr-490	474	6	of	of	ADP
ftr-490	474	7	the	the	DET
ftr-490	474	8	treasury	treasury	PROPN
ftr-490	474	9	regulations	regulation	NOUN
ftr-490	474	10	was	be	AUX
ftr-490	474	11	promulgated	promulgate	VERB
ftr-490	474	12	while	while	SCONJ
ftr-490	474	13	this	this	DET
ftr-490	474	14	case	case	NOUN
ftr-490	474	15	was	be	AUX
ftr-490	474	16	pending	pende	VERB
ftr-490	474	17	in	in	ADP
ftr-490	474	18	the	the	DET
ftr-490	474	19	court	court	NOUN
ftr-490	474	20	of	of	ADP
ftr-490	474	21	appeals	appeal	NOUN
ftr-490	474	22	,	,	PUNCT
ftr-490	474	23	that	that	DET
ftr-490	474	24	regulation	regulation	NOUN
ftr-490	474	25	did	do	AUX
ftr-490	474	26	not	not	PART
ftr-490	474	27	announce	announce	VERB
ftr-490	474	28	a	a	DET
ftr-490	474	29	new	new	ADJ
ftr-490	474	30	policy	policy	NOUN
ftr-490	474	31	with	with	ADP
ftr-490	474	32	respect	respect	NOUN
ftr-490	474	33	to	to	ADP
ftr-490	474	34	the	the	DET
ftr-490	474	35	tax	tax	NOUN
ftr-490	474	36	treatment	treatment	NOUN
ftr-490	474	37	of	of	ADP
ftr-490	474	38	nonrecourse	nonrecourse	NOUN
ftr-490	474	39	indebtedness	indebtedness	NOUN
ftr-490	474	40	.	.	PUNCT
ftr-490	475	1	to	to	ADP
ftr-490	475	2	the	the	DET
ftr-490	475	3	contrary	contrary	NOUN
ftr-490	475	4	,	,	PUNCT
ftr-490	475	5	treasury	treasury	PROPN
ftr-490	475	6	regulations	regulation	NOUN
ftr-490	475	7	in	in	ADP
ftr-490	475	8	force	force	NOUN
ftr-490	475	9	since	since	SCONJ
ftr-490	475	10	1926	1926	NUM
ftr-490	475	11	have	have	AUX
ftr-490	475	12	consistently	consistently	ADV
ftr-490	475	13	taken	take	VERB
ftr-490	475	14	the	the	DET
ftr-490	475	15	position	position	NOUN
ftr-490	475	16	that	that	SCONJ
ftr-490	475	17	the	the	DET
ftr-490	475	18	amount	amount	NOUN
ftr-490	475	19	realized	realize	VERB
ftr-490	475	20	on	on	ADP
ftr-490	475	21	the	the	DET
ftr-490	475	22	sale	sale	NOUN
ftr-490	475	23	of	of	ADP
ftr-490	475	24	mortgaged	mortgaged	ADJ
ftr-490	475	25	property	property	NOUN
ftr-490	475	26	includes	include	VERB
ftr-490	475	27	the	the	DET
ftr-490	475	28	amount	amount	NOUN
ftr-490	475	29	of	of	ADP
ftr-490	475	30	the	the	DET
ftr-490	475	31	mortgage	mortgage	NOUN
ftr-490	475	32	,	,	PUNCT
ftr-490	475	33	whether	whether	SCONJ
ftr-490	475	34	the	the	DET
ftr-490	475	35	debt	debt	NOUN
ftr-490	475	36	is	be	AUX
ftr-490	475	37	recourse	recourse	NOUN
ftr-490	475	38	or	or	CCONJ
ftr-490	475	39	nonrecourse	nonrecourse	NOUN
ftr-490	475	40	in	in	ADP
ftr-490	475	41	nature.63	nature.63	NOUN
ftr-490	475	42	again	again	ADV
ftr-490	475	43	,	,	PUNCT
ftr-490	475	44	we	we	PRON
ftr-490	475	45	know	know	VERB
ftr-490	475	46	that	that	SCONJ
ftr-490	475	47	that	that	DET
ftr-490	475	48	last	last	ADJ
ftr-490	475	49	statement	statement	NOUN
ftr-490	475	50	is	be	AUX
ftr-490	475	51	simply	simply	ADV
ftr-490	475	52	untrue	untrue	ADJ
ftr-490	475	53	in	in	ADP
ftr-490	475	54	the	the	DET
ftr-490	475	55	tufts	tuft	NOUN
ftr-490	475	56	situation	situation	NOUN
ftr-490	475	57	involving	involve	VERB
ftr-490	475	58	recourse	recourse	NOUN
ftr-490	475	59	debt	debt	NOUN
ftr-490	475	60	.	.	PUNCT
ftr-490	476	1	these	these	DET
ftr-490	476	2	extensive	extensive	ADJ
ftr-490	476	3	quotations	quotation	NOUN
ftr-490	476	4	serve	serve	VERB
ftr-490	476	5	to	to	PART
ftr-490	476	6	illustrate	illustrate	VERB
ftr-490	476	7	why	why	SCONJ
ftr-490	476	8	the	the	DET
ftr-490	476	9	court	court	NOUN
ftr-490	476	10	so	so	ADV
ftr-490	476	11	easily	easily	ADV
ftr-490	476	12	affirmed	affirm	VERB
ftr-490	476	13	the	the	DET
ftr-490	476	14	government	government	NOUN
ftr-490	476	15	's	's	PART
ftr-490	476	16	position	position	NOUN
ftr-490	476	17	.	.	PUNCT
ftr-490	477	1	accompanying	accompany	VERB
ftr-490	477	2	text	text	NOUN
ftr-490	477	3	.	.	PUNCT
ftr-490	478	1	63	63	NUM
ftr-490	478	2	.	.	PUNCT
ftr-490	478	3	brief	brief	NOUN
ftr-490	478	4	for	for	ADP
ftr-490	478	5	the	the	DET
ftr-490	478	6	petitioner	petitioner	NOUN
ftr-490	478	7	at	at	ADP
ftr-490	478	8	43	43	NUM
ftr-490	478	9	-	-	SYM
ftr-490	478	10	45	45	NUM
ftr-490	478	11	,	,	PUNCT
ftr-490	478	12	tufts	tuft	NOUN
ftr-490	478	13	(	(	PUNCT
ftr-490	478	14	no	no	NOUN
ftr-490	478	15	.	.	NOUN
ftr-490	478	16	81	81	NUM
ftr-490	478	17	-	-	PUNCT
ftr-490	478	18	1536	1536	NUM
ftr-490	478	19	)	)	PUNCT
ftr-490	478	20	(	(	PUNCT
ftr-490	478	21	emphasis	emphasis	NOUN
ftr-490	478	22	added	add	VERB
ftr-490	478	23	)	)	PUNCT
ftr-490	478	24	(	(	PUNCT
ftr-490	478	25	footnote	footnote	NOUN
ftr-490	478	26	omitted	omit	VERB
ftr-490	478	27	)	)	PUNCT
ftr-490	478	28	(	(	PUNCT
ftr-490	478	29	citations	citation	NOUN
ftr-490	478	30	omitted	omit	VERB
ftr-490	478	31	)	)	PUNCT
ftr-490	478	32	.	.	PUNCT
ftr-490	479	1	[	[	PUNCT
ftr-490	479	2	vol	vol	NOUN
ftr-490	479	3	1:3	1:3	NUM
ftr-490	479	4	tufts	tuft	NOUN
ftr-490	479	5	and	and	CCONJ
ftr-490	479	6	the	the	DET
ftr-490	479	7	evolution	evolution	NOUN
ftr-490	479	8	of	of	ADP
ftr-490	479	9	debt	debt	NOUN
ftr-490	479	10	-	-	PUNCT
ftr-490	479	11	discharge	discharge	NOUN
ftr-490	479	12	theory	theory	NOUN
ftr-490	479	13	c.	c.	NOUN
ftr-490	479	14	the	the	DET
ftr-490	479	15	regulations	regulation	NOUN
ftr-490	479	16	regulations	regulation	NOUN
ftr-490	479	17	section	section	VERB
ftr-490	479	18	1.1001	1.1001	NUM
ftr-490	479	19	-	-	SYM
ftr-490	479	20	2	2	NUM
ftr-490	479	21	,	,	PUNCT
ftr-490	479	22	containing	contain	VERB
ftr-490	479	23	the	the	DET
ftr-490	479	24	bifurcated	bifurcated	ADJ
ftr-490	479	25	approach	approach	NOUN
ftr-490	479	26	for	for	ADP
ftr-490	479	27	recourse	recourse	NOUN
ftr-490	479	28	debt	debt	NOUN
ftr-490	479	29	and	and	CCONJ
ftr-490	479	30	the	the	DET
ftr-490	479	31	collapsed	collapse	VERB
ftr-490	479	32	approach	approach	NOUN
ftr-490	479	33	for	for	ADP
ftr-490	479	34	nonrecourse	nonrecourse	NOUN
ftr-490	479	35	debt	debt	NOUN
ftr-490	479	36	,	,	PUNCT
ftr-490	479	37	was	be	AUX
ftr-490	479	38	promulgated	promulgate	VERB
ftr-490	479	39	while	while	SCONJ
ftr-490	479	40	the	the	DET
ftr-490	479	41	tufts	tuft	NOUN
ftr-490	479	42	case	case	NOUN
ftr-490	479	43	was	be	AUX
ftr-490	479	44	before	before	ADP
ftr-490	479	45	the	the	DET
ftr-490	479	46	fifth	fifth	ADJ
ftr-490	479	47	circuit	circuit	NOUN
ftr-490	479	48	.	.	PUNCT
ftr-490	480	1	the	the	DET
ftr-490	480	2	terse	terse	ADJ
ftr-490	480	3	preamble	preamble	VERB
ftr-490	480	4	neither	neither	CCONJ
ftr-490	480	5	detailed	detail	VERB
ftr-490	480	6	the	the	DET
ftr-490	480	7	differing	differ	VERB
ftr-490	480	8	approaches	approach	NOUN
ftr-490	480	9	nor	nor	CCONJ
ftr-490	480	10	discussed	discuss	VERB
ftr-490	480	11	the	the	DET
ftr-490	480	12	underlying	underlie	VERB
ftr-490	480	13	rationale	rationale	NOUN
ftr-490	480	14	for	for	ADP
ftr-490	480	15	using	use	VERB
ftr-490	480	16	different	different	ADJ
ftr-490	480	17	approaches	approach	NOUN
ftr-490	480	18	for	for	ADP
ftr-490	480	19	recourse	recourse	NOUN
ftr-490	480	20	and	and	CCONJ
ftr-490	480	21	nonrecourse	nonrecourse	NOUN
ftr-490	480	22	debt	debt	NOUN
ftr-490	480	23	.	.	PUNCT
ftr-490	480	24	'	'	PUNCT
ftr-490	481	1	the	the	DET
ftr-490	481	2	bifurcated	bifurcated	ADJ
ftr-490	481	3	rule	rule	NOUN
ftr-490	481	4	for	for	ADP
ftr-490	481	5	recourse	recourse	NOUN
ftr-490	481	6	debt	debt	NOUN
ftr-490	481	7	was	be	AUX
ftr-490	481	8	not	not	PART
ftr-490	481	9	contained	contain	VERB
ftr-490	481	10	in	in	ADP
ftr-490	481	11	the	the	DET
ftr-490	481	12	original	original	ADJ
ftr-490	481	13	set	set	NOUN
ftr-490	481	14	of	of	ADP
ftr-490	481	15	proposed	propose	VERB
ftr-490	481	16	regulations.65	regulations.65	PROPN
ftr-490	481	17	with	with	ADP
ftr-490	481	18	respect	respect	NOUN
ftr-490	481	19	to	to	ADP
ftr-490	481	20	its	its	PRON
ftr-490	481	21	addition	addition	NOUN
ftr-490	481	22	to	to	ADP
ftr-490	481	23	the	the	DET
ftr-490	481	24	final	final	ADJ
ftr-490	481	25	regulations	regulation	NOUN
ftr-490	481	26	,	,	PUNCT
ftr-490	481	27	the	the	DET
ftr-490	481	28	preamble	preamble	NOUN
ftr-490	481	29	to	to	ADP
ftr-490	481	30	the	the	DET
ftr-490	481	31	final	final	ADJ
ftr-490	481	32	regulations	regulation	NOUN
ftr-490	481	33	simply	simply	ADV
ftr-490	481	34	stated	state	VERB
ftr-490	481	35	:	:	PUNCT
ftr-490	481	36	a	a	DET
ftr-490	481	37	number	number	NOUN
ftr-490	481	38	of	of	ADP
ftr-490	481	39	comments	comment	NOUN
ftr-490	481	40	suggested	suggest	VERB
ftr-490	481	41	that	that	SCONJ
ftr-490	481	42	amounts	amount	NOUN
ftr-490	481	43	treated	treat	VERB
ftr-490	481	44	as	as	ADP
ftr-490	481	45	income	income	NOUN
ftr-490	481	46	from	from	ADP
ftr-490	481	47	discharge	discharge	NOUN
ftr-490	481	48	of	of	ADP
ftr-490	481	49	indebtedness	indebtedness	NOUN
ftr-490	481	50	under	under	ADP
ftr-490	481	51	existing	exist	VERB
ftr-490	481	52	regulations	regulation	NOUN
ftr-490	481	53	might	might	AUX
ftr-490	481	54	be	be	AUX
ftr-490	481	55	treated	treat	VERB
ftr-490	481	56	as	as	ADP
ftr-490	481	57	amounts	amount	NOUN
ftr-490	481	58	realized	realize	VERB
ftr-490	481	59	on	on	ADP
ftr-490	481	60	the	the	DET
ftr-490	481	61	sale	sale	NOUN
ftr-490	481	62	or	or	CCONJ
ftr-490	481	63	other	other	ADJ
ftr-490	481	64	disposition	disposition	NOUN
ftr-490	481	65	of	of	ADP
ftr-490	481	66	property	property	NOUN
ftr-490	481	67	under	under	ADP
ftr-490	481	68	the	the	DET
ftr-490	481	69	proposed	propose	VERB
ftr-490	481	70	regulations	regulation	NOUN
ftr-490	481	71	.	.	PUNCT
ftr-490	482	1	therefore	therefore	ADV
ftr-490	482	2	,	,	PUNCT
ftr-490	482	3	the	the	DET
ftr-490	482	4	treasury	treasury	NOUN
ftr-490	482	5	decision	decision	NOUN
ftr-490	482	6	makes	make	VERB
ftr-490	482	7	it	it	PRON
ftr-490	482	8	clear	clear	ADJ
ftr-490	482	9	that	that	SCONJ
ftr-490	482	10	the	the	DET
ftr-490	482	11	amount	amount	NOUN
ftr-490	482	12	realized	realize	VERB
ftr-490	482	13	on	on	ADP
ftr-490	482	14	the	the	DET
ftr-490	482	15	sale	sale	NOUN
ftr-490	482	16	or	or	CCONJ
ftr-490	482	17	other	other	ADJ
ftr-490	482	18	disposition	disposition	NOUN
ftr-490	482	19	of	of	ADP
ftr-490	482	20	property	property	NOUN
ftr-490	482	21	that	that	PRON
ftr-490	482	22	secures	secure	VERB
ftr-490	482	23	a	a	DET
ftr-490	482	24	recourse	recourse	NOUN
ftr-490	482	25	liability	liability	NOUN
ftr-490	482	26	does	do	AUX
ftr-490	482	27	not	not	PART
ftr-490	482	28	include	include	VERB
ftr-490	482	29	amounts	amount	NOUN
ftr-490	482	30	that	that	PRON
ftr-490	482	31	are	be	AUX
ftr-490	482	32	income	income	NOUN
ftr-490	482	33	from	from	ADP
ftr-490	482	34	the	the	DET
ftr-490	482	35	discharge	discharge	NOUN
ftr-490	482	36	of	of	ADP
ftr-490	482	37	indebtedness	indebtedness	NOUN
ftr-490	482	38	.	.	PUNCT
ftr-490	483	1	66	66	NUM
ftr-490	483	2	the	the	DET
ftr-490	483	3	supreme	supreme	PROPN
ftr-490	483	4	court	court	PROPN
ftr-490	483	5	noted	note	VERB
ftr-490	483	6	the	the	DET
ftr-490	483	7	timing	timing	NOUN
ftr-490	483	8	of	of	ADP
ftr-490	483	9	release	release	NOUN
ftr-490	483	10	of	of	ADP
ftr-490	483	11	regulations	regulation	NOUN
ftr-490	483	12	section	section	NOUN
ftr-490	483	13	1.1001	1.1001	NUM
ftr-490	483	14	-	-	SYM
ftr-490	483	15	2	2	NUM
ftr-490	483	16	in	in	ADP
ftr-490	483	17	the	the	DET
ftr-490	483	18	middle	middle	NOUN
ftr-490	483	19	of	of	ADP
ftr-490	483	20	the	the	DET
ftr-490	483	21	tufts	tuft	NOUN
ftr-490	483	22	litigation	litigation	NOUN
ftr-490	483	23	but	but	CCONJ
ftr-490	483	24	also	also	ADV
ftr-490	483	25	noted	note	VERB
ftr-490	483	26	that	that	SCONJ
ftr-490	483	27	the	the	DET
ftr-490	483	28	regulation	regulation	NOUN
ftr-490	483	29	"	"	PUNCT
ftr-490	483	30	merely	merely	ADV
ftr-490	483	31	formalized	formalize	VERB
ftr-490	483	32	the	the	DET
ftr-490	483	33	commissioner	commissioner	NOUN
ftr-490	483	34	's	's	PART
ftr-490	483	35	prior	prior	ADJ
ftr-490	483	36	interpretation	interpretation	NOUN
ftr-490	483	37	....	....	PUNCT
ftr-490	483	38	"	"	PUNCT
ftr-490	483	39	as	as	SCONJ
ftr-490	483	40	discussed	discuss	VERB
ftr-490	483	41	,	,	PUNCT
ftr-490	483	42	the	the	DET
ftr-490	483	43	court	court	NOUN
ftr-490	483	44	gave	give	VERB
ftr-490	483	45	no	no	DET
ftr-490	483	46	evidence	evidence	NOUN
ftr-490	483	47	that	that	SCONJ
ftr-490	483	48	it	it	PRON
ftr-490	483	49	was	be	AUX
ftr-490	483	50	aware	aware	ADJ
ftr-490	483	51	that	that	SCONJ
ftr-490	483	52	the	the	DET
ftr-490	483	53	regulations	regulation	NOUN
ftr-490	483	54	contained	contain	VERB
ftr-490	483	55	disparate	disparate	ADJ
ftr-490	483	56	analysis	analysis	NOUN
ftr-490	483	57	in	in	ADP
ftr-490	483	58	the	the	DET
ftr-490	483	59	tufts	tufts	NOUN
ftr-490	483	60	situation	situation	NOUN
ftr-490	483	61	depending	depend	VERB
ftr-490	483	62	upon	upon	SCONJ
ftr-490	483	63	whether	whether	SCONJ
ftr-490	483	64	the	the	DET
ftr-490	483	65	debt	debt	NOUN
ftr-490	483	66	discharged	discharge	VERB
ftr-490	483	67	on	on	ADP
ftr-490	483	68	the	the	DET
ftr-490	483	69	transfer	transfer	NOUN
ftr-490	483	70	is	be	AUX
ftr-490	483	71	recourse	recourse	NOUN
ftr-490	483	72	or	or	CCONJ
ftr-490	483	73	nonrecourse	nonrecourse	NOUN
ftr-490	483	74	.	.	PUNCT
ftr-490	484	1	although	although	SCONJ
ftr-490	484	2	regulations	regulation	NOUN
ftr-490	484	3	section	section	VERB
ftr-490	484	4	1.1001	1.1001	NUM
ftr-490	484	5	-	-	SYM
ftr-490	484	6	2	2	NUM
ftr-490	484	7	was	be	AUX
ftr-490	484	8	appended	append	VERB
ftr-490	484	9	in	in	ADP
ftr-490	484	10	its	its	PRON
ftr-490	484	11	entirety	entirety	NOUN
ftr-490	484	12	to	to	ADP
ftr-490	484	13	the	the	DET
ftr-490	484	14	brief	brief	NOUN
ftr-490	484	15	for	for	ADP
ftr-490	484	16	petitioners,68	petitioners,68	PROPN
ftr-490	484	17	it	it	PRON
ftr-490	484	18	is	be	AUX
ftr-490	484	19	unlikely	unlikely	ADJ
ftr-490	484	20	that	that	SCONJ
ftr-490	484	21	the	the	DET
ftr-490	484	22	court	court	NOUN
ftr-490	484	23	appreciated	appreciate	VERB
ftr-490	484	24	on	on	ADP
ftr-490	484	25	its	its	PRON
ftr-490	484	26	own	own	ADJ
ftr-490	484	27	the	the	DET
ftr-490	484	28	disparate	disparate	ADJ
ftr-490	484	29	treatments	treatment	NOUN
ftr-490	484	30	provided	provide	VERB
ftr-490	484	31	in	in	ADP
ftr-490	484	32	the	the	DET
ftr-490	484	33	regulations	regulation	NOUN
ftr-490	484	34	for	for	ADP
ftr-490	484	35	recourse	recourse	NOUN
ftr-490	484	36	and	and	CCONJ
ftr-490	484	37	nonrecourse	nonrecourse	NOUN
ftr-490	484	38	debt	debt	NOUN
ftr-490	484	39	,	,	PUNCT
ftr-490	484	40	particularly	particularly	ADV
ftr-490	484	41	in	in	ADP
ftr-490	484	42	light	light	NOUN
ftr-490	484	43	of	of	ADP
ftr-490	484	44	the	the	DET
ftr-490	484	45	misleading	misleading	ADJ
ftr-490	484	46	comments	comment	NOUN
ftr-490	484	47	made	make	VERB
ftr-490	484	48	in	in	ADP
ftr-490	484	49	the	the	DET
ftr-490	484	50	government	government	NOUN
ftr-490	484	51	's	's	PART
ftr-490	484	52	reply	reply	NOUN
ftr-490	484	53	brief	brief	NOUN
ftr-490	484	54	regarding	regard	VERB
ftr-490	484	55	the	the	DET
ftr-490	484	56	recourse	recourse	NOUN
ftr-490	484	57	-	-	PUNCT
ftr-490	484	58	debt	debt	NOUN
ftr-490	484	59	provision	provision	NOUN
ftr-490	484	60	.	.	PUNCT
ftr-490	484	61	'	'	PUNCT
ftr-490	485	1	regulations	regulation	NOUN
ftr-490	485	2	section	section	VERB
ftr-490	485	3	1.1001	1.1001	NUM
ftr-490	485	4	-	-	SYM
ftr-490	485	5	2	2	NUM
ftr-490	485	6	is	be	AUX
ftr-490	485	7	not	not	PART
ftr-490	485	8	well	well	ADV
ftr-490	485	9	drafted	draft	VERB
ftr-490	485	10	(	(	PUNCT
ftr-490	485	11	to	to	PART
ftr-490	485	12	put	put	VERB
ftr-490	485	13	it	it	PRON
ftr-490	485	14	kindly	kindly	ADV
ftr-490	485	15	)	)	PUNCT
ftr-490	485	16	.	.	PUNCT
ftr-490	486	1	nowhere	nowhere	ADV
ftr-490	486	2	does	do	AUX
ftr-490	486	3	it	it	PRON
ftr-490	486	4	clearly	clearly	ADV
ftr-490	486	5	state	state	VERB
ftr-490	486	6	that	that	SCONJ
ftr-490	486	7	the	the	DET
ftr-490	486	8	bifurcated	bifurcated	ADJ
ftr-490	486	9	approach	approach	NOUN
ftr-490	486	10	controls	control	NOUN
ftr-490	486	11	in	in	ADP
ftr-490	486	12	the	the	DET
ftr-490	486	13	case	case	NOUN
ftr-490	486	14	of	of	ADP
ftr-490	486	15	recourse	recourse	NOUN
ftr-490	486	16	debt	debt	NOUN
ftr-490	486	17	while	while	SCONJ
ftr-490	486	18	the	the	DET
ftr-490	486	19	collapsed	collapse	VERB
ftr-490	486	20	approach	approach	NOUN
ftr-490	486	21	applies	apply	VERB
ftr-490	486	22	in	in	ADP
ftr-490	486	23	the	the	DET
ftr-490	486	24	case	case	NOUN
ftr-490	486	25	of	of	ADP
ftr-490	486	26	nonrecourse	nonrecourse	NOUN
ftr-490	486	27	debt	debt	NOUN
ftr-490	486	28	.	.	PUNCT
ftr-490	487	1	one	one	PRON
ftr-490	487	2	must	must	AUX
ftr-490	487	3	link	link	VERB
ftr-490	487	4	up	up	ADP
ftr-490	487	5	the	the	DET
ftr-490	487	6	different	different	ADJ
ftr-490	487	7	subsections	subsection	NOUN
ftr-490	487	8	and	and	CCONJ
ftr-490	487	9	two	two	NUM
ftr-490	487	10	examples	example	NOUN
ftr-490	487	11	in	in	ADP
ftr-490	487	12	64	64	NUM
ftr-490	487	13	.	.	PUNCT
ftr-490	488	1	see	see	VERB
ftr-490	488	2	t.d	t.d	PROPN
ftr-490	488	3	.	.	PROPN
ftr-490	488	4	7741	7741	NUM
ftr-490	488	5	,	,	PUNCT
ftr-490	488	6	1981	1981	NUM
ftr-490	488	7	-	-	SYM
ftr-490	488	8	1	1	NUM
ftr-490	488	9	c.b	c.b	PROPN
ftr-490	488	10	.	.	PROPN
ftr-490	488	11	430	430	NUM
ftr-490	488	12	.	.	PUNCT
ftr-490	488	13	65	65	NUM
ftr-490	488	14	.	.	PUNCT
ftr-490	489	1	see	see	VERB
ftr-490	489	2	prop	prop	NOUN
ftr-490	489	3	.	.	PUNCT
ftr-490	490	1	regs	regs	PROPN
ftr-490	490	2	.	.	PUNCT
ftr-490	491	1	§	§	PROPN
ftr-490	491	2	1.1001	1.1001	NUM
ftr-490	491	3	-	-	SYM
ftr-490	491	4	2	2	NUM
ftr-490	491	5	.	.	NUM
ftr-490	491	6	44	44	NUM
ftr-490	491	7	fed	fed	PROPN
ftr-490	491	8	.	.	PUNCT
ftr-490	492	1	reg	reg	PROPN
ftr-490	492	2	.	.	PUNCT
ftr-490	493	1	76,815	76,815	NUM
ftr-490	493	2	(	(	PUNCT
ftr-490	493	3	1979	1979	NUM
ftr-490	493	4	)	)	PUNCT
ftr-490	493	5	.	.	PUNCT
ftr-490	494	1	66	66	NUM
ftr-490	494	2	.	.	PUNCT
ftr-490	495	1	t.d	t.d	X
ftr-490	495	2	.	.	PROPN
ftr-490	495	3	7741	7741	NUM
ftr-490	495	4	,	,	PUNCT
ftr-490	495	5	1981	1981	NUM
ftr-490	495	6	-	-	SYM
ftr-490	495	7	1	1	NUM
ftr-490	495	8	c.b	c.b	PROPN
ftr-490	495	9	.	.	PROPN
ftr-490	495	10	430	430	NUM
ftr-490	495	11	.	.	PUNCT
ftr-490	496	1	67	67	NUM
ftr-490	496	2	.	.	PUNCT
ftr-490	497	1	tufts	tuft	NOUN
ftr-490	497	2	,	,	PUNCT
ftr-490	497	3	461	461	NUM
ftr-490	497	4	u.s	u.s	PROPN
ftr-490	497	5	.	.	PROPN
ftr-490	497	6	at	at	ADP
ftr-490	497	7	310	310	NUM
ftr-490	497	8	n.9	n.9	NOUN
ftr-490	497	9	.	.	PUNCT
ftr-490	498	1	68	68	NUM
ftr-490	498	2	.	.	PUNCT
ftr-490	499	1	see	see	VERB
ftr-490	499	2	brief	brief	NOUN
ftr-490	499	3	for	for	ADP
ftr-490	499	4	the	the	DET
ftr-490	499	5	petitioner	petitioner	NOUN
ftr-490	499	6	app	app	PROPN
ftr-490	499	7	.	.	PUNCT
ftr-490	500	1	at	at	ADP
ftr-490	500	2	la-6a	la-6a	PROPN
ftr-490	500	3	,	,	PUNCT
ftr-490	500	4	tufts	tuft	NOUN
ftr-490	500	5	(	(	PUNCT
ftr-490	500	6	no	no	NOUN
ftr-490	500	7	.	.	NOUN
ftr-490	500	8	81	81	NUM
ftr-490	500	9	-	-	PUNCT
ftr-490	500	10	1536	1536	NUM
ftr-490	500	11	)	)	PUNCT
ftr-490	500	12	.	.	PUNCT
ftr-490	501	1	69	69	NUM
ftr-490	501	2	.	.	PUNCT
ftr-490	502	1	see	see	VERB
ftr-490	502	2	supra	supra	PROPN
ftr-490	502	3	notes	note	VERB
ftr-490	502	4	60	60	NUM
ftr-490	502	5	-	-	SYM
ftr-490	502	6	62	62	NUM
ftr-490	502	7	and	and	CCONJ
ftr-490	502	8	accompanying	accompany	VERB
ftr-490	502	9	text	text	NOUN
ftr-490	502	10	.	.	PUNCT
ftr-490	503	1	19921	19921	NUM
ftr-490	503	2	florida	florida	PROPN
ftr-490	503	3	tax	tax	NOUN
ftr-490	503	4	review	review	NOUN
ftr-490	503	5	order	order	NOUN
ftr-490	503	6	to	to	PART
ftr-490	503	7	arrive	arrive	VERB
ftr-490	503	8	at	at	ADP
ftr-490	503	9	the	the	DET
ftr-490	503	10	conclusion	conclusion	NOUN
ftr-490	503	11	that	that	SCONJ
ftr-490	503	12	its	its	PRON
ftr-490	503	13	effect	effect	NOUN
ftr-490	503	14	,	,	PUNCT
ftr-490	503	15	when	when	SCONJ
ftr-490	503	16	taken	take	VERB
ftr-490	503	17	in	in	ADP
ftr-490	503	18	total	total	NOUN
ftr-490	503	19	,	,	PUNCT
ftr-490	503	20	is	be	AUX
ftr-490	503	21	to	to	PART
ftr-490	503	22	use	use	VERB
ftr-490	503	23	the	the	DET
ftr-490	503	24	bifurcated	bifurcated	ADJ
ftr-490	503	25	approach	approach	NOUN
ftr-490	503	26	with	with	ADP
ftr-490	503	27	recourse	recourse	NOUN
ftr-490	503	28	debt	debt	NOUN
ftr-490	503	29	and	and	CCONJ
ftr-490	503	30	the	the	DET
ftr-490	503	31	collapsed	collapse	VERB
ftr-490	503	32	approach	approach	NOUN
ftr-490	503	33	with	with	ADP
ftr-490	503	34	nonrecourse	nonrecourse	NOUN
ftr-490	503	35	debt	debt	NOUN
ftr-490	503	36	.	.	PUNCT
ftr-490	504	1	°	°	NOUN
ftr-490	505	1	the	the	DET
ftr-490	505	2	regulation	regulation	NOUN
ftr-490	505	3	certainly	certainly	ADV
ftr-490	505	4	does	do	AUX
ftr-490	505	5	not	not	PART
ftr-490	505	6	announce	announce	VERB
ftr-490	505	7	those	those	DET
ftr-490	505	8	results	result	NOUN
ftr-490	505	9	clearly	clearly	ADV
ftr-490	505	10	,	,	PUNCT
ftr-490	505	11	7	7	NUM
ftr-490	505	12	'	'	PUNCT
ftr-490	505	13	and	and	CCONJ
ftr-490	505	14	nowhere	nowhere	ADV
ftr-490	505	15	has	have	AUX
ftr-490	505	16	the	the	DET
ftr-490	505	17	government	government	NOUN
ftr-490	505	18	justified	justify	VERB
ftr-490	505	19	using	use	VERB
ftr-490	505	20	different	different	ADJ
ftr-490	505	21	approaches	approach	NOUN
ftr-490	505	22	for	for	ADP
ftr-490	505	23	the	the	DET
ftr-490	505	24	two	two	NUM
ftr-490	505	25	types	type	NOUN
ftr-490	505	26	of	of	ADP
ftr-490	505	27	debt	debt	NOUN
ftr-490	505	28	.	.	PUNCT
ftr-490	506	1	in	in	ADP
ftr-490	506	2	any	any	DET
ftr-490	506	3	event	event	NOUN
ftr-490	506	4	,	,	PUNCT
ftr-490	506	5	other	other	ADJ
ftr-490	506	6	courts	court	NOUN
ftr-490	506	7	since	since	SCONJ
ftr-490	506	8	made	make	VERB
ftr-490	506	9	fully	fully	ADV
ftr-490	506	10	aware	aware	ADJ
ftr-490	506	11	of	of	ADP
ftr-490	506	12	the	the	DET
ftr-490	506	13	dichotomy	dichotomy	NOUN
ftr-490	506	14	have	have	AUX
ftr-490	506	15	demonstrated	demonstrate	VERB
ftr-490	506	16	unquestioning	unquestioning	ADJ
ftr-490	506	17	acceptance	acceptance	NOUN
ftr-490	506	18	of	of	ADP
ftr-490	506	19	it.72	it.72	NOUN
ftr-490	506	20	70	70	NUM
ftr-490	506	21	.	.	PUNCT
ftr-490	507	1	see	see	VERB
ftr-490	507	2	supra	supra	PROPN
ftr-490	507	3	notes	note	VERB
ftr-490	507	4	4	4	NUM
ftr-490	507	5	-	-	SYM
ftr-490	507	6	14	14	NUM
ftr-490	507	7	and	and	CCONJ
ftr-490	507	8	accompanying	accompany	VERB
ftr-490	507	9	text	text	NOUN
ftr-490	507	10	(	(	PUNCT
ftr-490	507	11	quoting	quote	VERB
ftr-490	507	12	and	and	CCONJ
ftr-490	507	13	discussing	discuss	VERB
ftr-490	507	14	the	the	DET
ftr-490	507	15	various	various	ADJ
ftr-490	507	16	provisions	provision	NOUN
ftr-490	507	17	of	of	ADP
ftr-490	507	18	regulations	regulation	NOUN
ftr-490	507	19	section	section	NOUN
ftr-490	507	20	1.1001	1.1001	NUM
ftr-490	507	21	-	-	SYM
ftr-490	507	22	2	2	NUM
ftr-490	507	23	which	which	PRON
ftr-490	507	24	,	,	PUNCT
ftr-490	507	25	taken	take	VERB
ftr-490	507	26	together	together	ADV
ftr-490	507	27	,	,	PUNCT
ftr-490	507	28	require	require	VERB
ftr-490	507	29	the	the	DET
ftr-490	507	30	collapsed	collapsed	ADJ
ftr-490	507	31	approach	approach	NOUN
ftr-490	507	32	for	for	ADP
ftr-490	507	33	nonrecourse	nonrecourse	NOUN
ftr-490	507	34	debt	debt	NOUN
ftr-490	507	35	and	and	CCONJ
ftr-490	507	36	the	the	DET
ftr-490	507	37	bifurcated	bifurcated	ADJ
ftr-490	507	38	approach	approach	NOUN
ftr-490	507	39	for	for	ADP
ftr-490	507	40	recourse	recourse	NOUN
ftr-490	507	41	debt	debt	NOUN
ftr-490	507	42	)	)	PUNCT
ftr-490	507	43	.	.	PUNCT
ftr-490	508	1	adding	add	VERB
ftr-490	508	2	to	to	ADP
ftr-490	508	3	the	the	DET
ftr-490	508	4	confusion	confusion	NOUN
ftr-490	508	5	of	of	ADP
ftr-490	508	6	the	the	DET
ftr-490	508	7	already	already	ADV
ftr-490	508	8	-	-	PUNCT
ftr-490	508	9	quoted	quote	VERB
ftr-490	508	10	provisions	provision	NOUN
ftr-490	508	11	of	of	ADP
ftr-490	508	12	regulations	regulation	NOUN
ftr-490	508	13	section	section	AUX
ftr-490	508	14	1.1001	1.1001	NUM
ftr-490	508	15	-	-	SYM
ftr-490	508	16	2	2	NUM
ftr-490	508	17	are	be	AUX
ftr-490	508	18	subsections	subsection	NOUN
ftr-490	508	19	(	(	PUNCT
ftr-490	508	20	a)(4)(i	a)(4)(i	NOUN
ftr-490	508	21	)	)	PUNCT
ftr-490	508	22	and	and	CCONJ
ftr-490	508	23	(	(	PUNCT
ftr-490	508	24	ii	ii	NOUN
ftr-490	508	25	):	):	PUNCT
ftr-490	508	26	(	(	PUNCT
ftr-490	508	27	i	i	NOUN
ftr-490	508	28	)	)	PUNCT
ftr-490	508	29	the	the	DET
ftr-490	508	30	sale	sale	NOUN
ftr-490	508	31	or	or	CCONJ
ftr-490	508	32	other	other	ADJ
ftr-490	508	33	disposition	disposition	NOUN
ftr-490	508	34	of	of	ADP
ftr-490	508	35	property	property	NOUN
ftr-490	508	36	that	that	PRON
ftr-490	508	37	secures	secure	VERB
ftr-490	508	38	a	a	DET
ftr-490	508	39	nonrecourse	nonrecourse	NOUN
ftr-490	508	40	liability	liability	NOUN
ftr-490	508	41	discharges	discharge	NOUN
ftr-490	508	42	the	the	DET
ftr-490	508	43	transferor	transferor	NOUN
ftr-490	508	44	from	from	ADP
ftr-490	508	45	the	the	DET
ftr-490	508	46	liability	liability	NOUN
ftr-490	508	47	;	;	PUNCT
ftr-490	508	48	(	(	PUNCT
ftr-490	508	49	ii	ii	NOUN
ftr-490	508	50	)	)	PUNCT
ftr-490	508	51	the	the	DET
ftr-490	508	52	sale	sale	NOUN
ftr-490	508	53	or	or	CCONJ
ftr-490	508	54	other	other	ADJ
ftr-490	508	55	disposition	disposition	NOUN
ftr-490	508	56	of	of	ADP
ftr-490	508	57	property	property	NOUN
ftr-490	508	58	that	that	PRON
ftr-490	508	59	secures	secure	VERB
ftr-490	508	60	a	a	DET
ftr-490	508	61	recourse	recourse	NOUN
ftr-490	508	62	liability	liability	NOUN
ftr-490	508	63	discharges	discharge	NOUN
ftr-490	508	64	the	the	DET
ftr-490	508	65	transferor	transferor	NOUN
ftr-490	508	66	from	from	ADP
ftr-490	508	67	the	the	DET
ftr-490	508	68	liability	liability	NOUN
ftr-490	508	69	if	if	SCONJ
ftr-490	508	70	another	another	DET
ftr-490	508	71	person	person	NOUN
ftr-490	508	72	agrees	agree	VERB
ftr-490	508	73	to	to	PART
ftr-490	508	74	pay	pay	VERB
ftr-490	508	75	the	the	DET
ftr-490	508	76	liability	liability	NOUN
ftr-490	508	77	(	(	PUNCT
ftr-490	508	78	whether	whether	SCONJ
ftr-490	508	79	or	or	CCONJ
ftr-490	508	80	not	not	PART
ftr-490	508	81	the	the	DET
ftr-490	508	82	transferor	transferor	NOUN
ftr-490	508	83	is	be	AUX
ftr-490	508	84	in	in	ADP
ftr-490	508	85	fact	fact	NOUN
ftr-490	508	86	released	release	VERB
ftr-490	508	87	from	from	ADP
ftr-490	508	88	liability	liability	NOUN
ftr-490	508	89	)	)	PUNCT
ftr-490	508	90	....	....	PUNCT
ftr-490	509	1	taken	take	VERB
ftr-490	509	2	together	together	ADV
ftr-490	509	3	,	,	PUNCT
ftr-490	509	4	these	these	DET
ftr-490	509	5	two	two	NUM
ftr-490	509	6	statements	statement	NOUN
ftr-490	509	7	seem	seem	VERB
ftr-490	509	8	to	to	PART
ftr-490	509	9	imply	imply	VERB
ftr-490	509	10	once	once	ADV
ftr-490	509	11	again	again	ADV
ftr-490	509	12	that	that	PRON
ftr-490	509	13	recourse	recourse	VERB
ftr-490	509	14	debt	debt	NOUN
ftr-490	509	15	and	and	CCONJ
ftr-490	509	16	nonrecourse	nonrecourse	NOUN
ftr-490	509	17	debt	debt	NOUN
ftr-490	509	18	are	be	AUX
ftr-490	509	19	treated	treat	VERB
ftr-490	509	20	alike	alike	ADV
ftr-490	509	21	in	in	ADP
ftr-490	509	22	all	all	DET
ftr-490	509	23	situations	situation	NOUN
ftr-490	509	24	,	,	PUNCT
ftr-490	509	25	even	even	ADV
ftr-490	509	26	the	the	DET
ftr-490	509	27	tufts	tuft	NOUN
ftr-490	509	28	scenario	scenario	NOUN
ftr-490	509	29	where	where	SCONJ
ftr-490	509	30	the	the	DET
ftr-490	509	31	debt	debt	NOUN
ftr-490	509	32	exceeds	exceed	VERB
ftr-490	509	33	the	the	DET
ftr-490	509	34	fair	fair	ADJ
ftr-490	509	35	market	market	NOUN
ftr-490	509	36	value	value	NOUN
ftr-490	509	37	of	of	ADP
ftr-490	509	38	the	the	DET
ftr-490	509	39	property	property	NOUN
ftr-490	509	40	transferred	transfer	VERB
ftr-490	509	41	.	.	PUNCT
ftr-490	510	1	71	71	NUM
ftr-490	510	2	.	.	PUNCT
ftr-490	511	1	the	the	DET
ftr-490	511	2	cryptic	cryptic	ADJ
ftr-490	511	3	drafting	drafting	NOUN
ftr-490	511	4	may	may	AUX
ftr-490	511	5	have	have	AUX
ftr-490	511	6	been	be	AUX
ftr-490	511	7	responsible	responsible	ADJ
ftr-490	511	8	for	for	ADP
ftr-490	511	9	the	the	DET
ftr-490	511	10	fact	fact	NOUN
ftr-490	511	11	that	that	SCONJ
ftr-490	511	12	the	the	DET
ftr-490	511	13	government	government	NOUN
ftr-490	511	14	's	's	PART
ftr-490	511	15	own	own	ADJ
ftr-490	511	16	attorneys	attorney	NOUN
ftr-490	511	17	in	in	ADP
ftr-490	511	18	the	the	DET
ftr-490	511	19	tufts	tufts	NOUN
ftr-490	511	20	case	case	NOUN
ftr-490	511	21	misapprehended	misapprehend	VERB
ftr-490	511	22	the	the	DET
ftr-490	511	23	regulation	regulation	NOUN
ftr-490	511	24	's	's	PART
ftr-490	511	25	operation	operation	NOUN
ftr-490	511	26	.	.	PUNCT
ftr-490	512	1	see	see	VERB
ftr-490	512	2	supra	supra	PROPN
ftr-490	512	3	notes	note	VERB
ftr-490	512	4	60	60	NUM
ftr-490	512	5	-	-	SYM
ftr-490	512	6	62	62	NUM
ftr-490	512	7	and	and	CCONJ
ftr-490	512	8	accompanying	accompany	VERB
ftr-490	512	9	text	text	NOUN
ftr-490	512	10	.	.	PUNCT
ftr-490	513	1	72	72	NUM
ftr-490	513	2	.	.	PUNCT
ftr-490	514	1	see	see	VERB
ftr-490	514	2	,	,	PUNCT
ftr-490	514	3	e.g.	e.g.	ADV
ftr-490	514	4	,	,	PUNCT
ftr-490	514	5	bressi	bressi	PROPN
ftr-490	514	6	v.	v.	PROPN
ftr-490	514	7	commissioner	commissioner	NOUN
ftr-490	514	8	,	,	PUNCT
ftr-490	514	9	62	62	NUM
ftr-490	514	10	t.c.m	t.c.m	NOUN
ftr-490	514	11	.	.	PUNCT
ftr-490	515	1	(	(	PUNCT
ftr-490	515	2	cch	cch	NOUN
ftr-490	515	3	)	)	PUNCT
ftr-490	515	4	1668	1668	NUM
ftr-490	515	5	,	,	PUNCT
ftr-490	515	6	t.c.m	t.c.m	INTJ
ftr-490	515	7	.	.	PUNCT
ftr-490	516	1	(	(	PUNCT
ftr-490	516	2	p	p	NOUN
ftr-490	516	3	-	-	PUNCT
ftr-490	516	4	h	h	NOUN
ftr-490	516	5	)	)	PUNCT
ftr-490	516	6	1	1	NUM
ftr-490	516	7	91,651	91,651	NUM
ftr-490	516	8	(	(	PUNCT
ftr-490	516	9	1991	1991	NUM
ftr-490	516	10	)	)	PUNCT
ftr-490	516	11	.	.	PUNCT
ftr-490	517	1	the	the	DET
ftr-490	517	2	taxpayer	taxpayer	NOUN
ftr-490	517	3	in	in	ADP
ftr-490	517	4	bressi	bressi	ADJ
ftr-490	517	5	transferred	transfer	VERB
ftr-490	517	6	property	property	NOUN
ftr-490	517	7	with	with	ADP
ftr-490	517	8	a	a	DET
ftr-490	517	9	fair	fair	ADJ
ftr-490	517	10	market	market	NOUN
ftr-490	517	11	value	value	NOUN
ftr-490	517	12	of	of	ADP
ftr-490	517	13	$	$	SYM
ftr-490	517	14	3,010,000	3,010,000	NUM
ftr-490	517	15	and	and	CCONJ
ftr-490	517	16	an	an	DET
ftr-490	517	17	adjusted	adjusted	ADJ
ftr-490	517	18	basis	basis	NOUN
ftr-490	517	19	of	of	ADP
ftr-490	517	20	$	$	SYM
ftr-490	517	21	1,807,352	1,807,352	NUM
ftr-490	517	22	in	in	ADP
ftr-490	517	23	lieu	lieu	NOUN
ftr-490	517	24	of	of	ADP
ftr-490	517	25	foreclosure	foreclosure	NOUN
ftr-490	517	26	to	to	ADP
ftr-490	517	27	a	a	DET
ftr-490	517	28	creditor	creditor	NOUN
ftr-490	517	29	in	in	ADP
ftr-490	517	30	satisfaction	satisfaction	NOUN
ftr-490	517	31	of	of	ADP
ftr-490	517	32	a	a	DET
ftr-490	517	33	$	$	SYM
ftr-490	517	34	3,510,251.62	3,510,251.62	NUM
ftr-490	517	35	debt	debt	NOUN
ftr-490	517	36	secured	secure	VERB
ftr-490	517	37	by	by	ADP
ftr-490	517	38	the	the	DET
ftr-490	517	39	property	property	NOUN
ftr-490	517	40	.	.	PUNCT
ftr-490	518	1	the	the	DET
ftr-490	518	2	tax	tax	NOUN
ftr-490	518	3	court	court	NOUN
ftr-490	518	4	accepted	accept	VERB
ftr-490	518	5	without	without	ADP
ftr-490	518	6	comment	comment	NOUN
ftr-490	518	7	the	the	DET
ftr-490	518	8	regulation	regulation	NOUN
ftr-490	518	9	's	's	PART
ftr-490	518	10	rules	rule	NOUN
ftr-490	518	11	requiring	require	VERB
ftr-490	518	12	application	application	NOUN
ftr-490	518	13	of	of	ADP
ftr-490	518	14	the	the	DET
ftr-490	518	15	bifurcated	bifurcated	ADJ
ftr-490	518	16	approach	approach	NOUN
ftr-490	518	17	if	if	SCONJ
ftr-490	518	18	the	the	DET
ftr-490	518	19	debt	debt	NOUN
ftr-490	518	20	is	be	AUX
ftr-490	518	21	recourse	recourse	NOUN
ftr-490	518	22	and	and	CCONJ
ftr-490	518	23	the	the	DET
ftr-490	518	24	collapsed	collapse	VERB
ftr-490	518	25	approach	approach	NOUN
ftr-490	518	26	if	if	SCONJ
ftr-490	518	27	the	the	DET
ftr-490	518	28	debt	debt	NOUN
ftr-490	518	29	is	be	AUX
ftr-490	518	30	nonrecourse	nonrecourse	ADJ
ftr-490	518	31	.	.	PUNCT
ftr-490	519	1	contrary	contrary	ADJ
ftr-490	519	2	to	to	ADP
ftr-490	519	3	the	the	DET
ftr-490	519	4	intimation	intimation	NOUN
ftr-490	519	5	in	in	ADP
ftr-490	519	6	the	the	DET
ftr-490	519	7	government	government	NOUN
ftr-490	519	8	's	's	PART
ftr-490	519	9	brief	brief	NOUN
ftr-490	519	10	in	in	ADP
ftr-490	519	11	tufts	tuft	NOUN
ftr-490	519	12	(	(	PUNCT
ftr-490	519	13	see	see	VERB
ftr-490	519	14	supra	supra	PROPN
ftr-490	519	15	notes	note	VERB
ftr-490	519	16	60	60	NUM
ftr-490	519	17	-	-	SYM
ftr-490	519	18	62	62	NUM
ftr-490	519	19	and	and	CCONJ
ftr-490	519	20	accompanying	accompany	VERB
ftr-490	519	21	text	text	NOUN
ftr-490	519	22	)	)	PUNCT
ftr-490	519	23	,	,	PUNCT
ftr-490	519	24	the	the	DET
ftr-490	519	25	tax	tax	NOUN
ftr-490	519	26	court	court	NOUN
ftr-490	519	27	did	do	AUX
ftr-490	519	28	not	not	PART
ftr-490	519	29	limit	limit	VERB
ftr-490	519	30	application	application	NOUN
ftr-490	519	31	of	of	ADP
ftr-490	519	32	the	the	DET
ftr-490	519	33	bifurcated	bifurcated	ADJ
ftr-490	519	34	approach	approach	NOUN
ftr-490	519	35	to	to	ADP
ftr-490	519	36	disposition	disposition	NOUN
ftr-490	519	37	of	of	ADP
ftr-490	519	38	property	property	NOUN
ftr-490	519	39	in	in	ADP
ftr-490	519	40	satisfaction	satisfaction	NOUN
ftr-490	519	41	of	of	ADP
ftr-490	519	42	unrelated	unrelated	ADJ
ftr-490	519	43	recourse	recourse	NOUN
ftr-490	519	44	debt	debt	NOUN
ftr-490	519	45	.	.	PUNCT
ftr-490	520	1	the	the	DET
ftr-490	520	2	property	property	NOUN
ftr-490	520	3	transferred	transfer	VERB
ftr-490	520	4	was	be	AUX
ftr-490	520	5	constructed	construct	VERB
ftr-490	520	6	with	with	ADP
ftr-490	520	7	the	the	DET
ftr-490	520	8	proceeds	proceed	NOUN
ftr-490	520	9	of	of	ADP
ftr-490	520	10	the	the	DET
ftr-490	520	11	recourse	recourse	NOUN
ftr-490	520	12	loans	loan	NOUN
ftr-490	520	13	cancelled	cancel	VERB
ftr-490	520	14	on	on	ADP
ftr-490	520	15	the	the	DET
ftr-490	520	16	transfer	transfer	NOUN
ftr-490	520	17	.	.	PUNCT
ftr-490	521	1	the	the	DET
ftr-490	521	2	government	government	NOUN
ftr-490	521	3	argued	argue	VERB
ftr-490	521	4	,	,	PUNCT
ftr-490	521	5	and	and	CCONJ
ftr-490	521	6	the	the	DET
ftr-490	521	7	tax	tax	NOUN
ftr-490	521	8	court	court	NOUN
ftr-490	521	9	found	find	VERB
ftr-490	521	10	,	,	PUNCT
ftr-490	521	11	that	that	SCONJ
ftr-490	521	12	the	the	DET
ftr-490	521	13	debt	debt	NOUN
ftr-490	521	14	was	be	AUX
ftr-490	521	15	recourse	recourse	NOUN
ftr-490	521	16	,	,	PUNCT
ftr-490	521	17	so	so	CCONJ
ftr-490	521	18	the	the	DET
ftr-490	521	19	bifurcated	bifurcated	ADJ
ftr-490	521	20	approach	approach	NOUN
ftr-490	521	21	controlled	control	VERB
ftr-490	521	22	,	,	PUNCT
ftr-490	521	23	resulting	result	VERB
ftr-490	521	24	in	in	ADP
ftr-490	521	25	$	$	SYM
ftr-490	521	26	500,251.62	500,251.62	NUM
ftr-490	521	27	of	of	ADP
ftr-490	521	28	cod	cod	NOUN
ftr-490	521	29	income	income	NOUN
ftr-490	521	30	and	and	CCONJ
ftr-490	521	31	$	$	SYM
ftr-490	521	32	1,202,648	1,202,648	NUM
ftr-490	521	33	of	of	ADP
ftr-490	521	34	gain	gain	NOUN
ftr-490	521	35	under	under	ADP
ftr-490	521	36	section	section	NOUN
ftr-490	521	37	1001	1001	NUM
ftr-490	521	38	.	.	PUNCT
ftr-490	522	1	the	the	DET
ftr-490	522	2	tax	tax	NOUN
ftr-490	522	3	court	court	NOUN
ftr-490	522	4	rejected	reject	VERB
ftr-490	522	5	the	the	DET
ftr-490	522	6	taxpayer	taxpayer	NOUN
ftr-490	522	7	's	's	PART
ftr-490	522	8	argument	argument	NOUN
ftr-490	522	9	that	that	SCONJ
ftr-490	522	10	the	the	DET
ftr-490	522	11	debt	debt	NOUN
ftr-490	522	12	was	be	AUX
ftr-490	522	13	nonrecourse	nonrecourse	NOUN
ftr-490	522	14	,	,	PUNCT
ftr-490	522	15	which	which	PRON
ftr-490	522	16	would	would	AUX
ftr-490	522	17	have	have	AUX
ftr-490	522	18	resulted	result	VERB
ftr-490	522	19	in	in	ADP
ftr-490	522	20	no	no	DET
ftr-490	522	21	cod	cod	NOUN
ftr-490	522	22	income	income	NOUN
ftr-490	522	23	and	and	CCONJ
ftr-490	522	24	increased	increase	VERB
ftr-490	522	25	gain	gain	NOUN
ftr-490	522	26	under	under	ADP
ftr-490	522	27	section	section	NOUN
ftr-490	522	28	1001	1001	NUM
ftr-490	522	29	,	,	PUNCT
ftr-490	522	30	taxed	tax	VERB
ftr-490	522	31	as	as	ADP
ftr-490	522	32	capital	capital	NOUN
ftr-490	522	33	gain	gain	NOUN
ftr-490	522	34	to	to	ADP
ftr-490	522	35	the	the	DET
ftr-490	522	36	taxpayer	taxpayer	NOUN
ftr-490	522	37	.	.	PUNCT
ftr-490	523	1	the	the	DET
ftr-490	523	2	tax	tax	NOUN
ftr-490	523	3	court	court	NOUN
ftr-490	523	4	defined	define	VERB
ftr-490	523	5	"	"	PUNCT
ftr-490	523	6	nonrecourse	nonrecourse	NOUN
ftr-490	523	7	"	"	PUNCT
ftr-490	523	8	as	as	ADP
ftr-490	523	9	meaning	mean	VERB
ftr-490	523	10	"	"	PUNCT
ftr-490	523	11	that	that	SCONJ
ftr-490	523	12	the	the	DET
ftr-490	523	13	lienor	lienor	NOUN
ftr-490	523	14	may	may	AUX
ftr-490	523	15	look	look	VERB
ftr-490	523	16	only	only	ADV
ftr-490	523	17	to	to	ADP
ftr-490	523	18	the	the	DET
ftr-490	523	19	property	property	NOUN
ftr-490	523	20	that	that	PRON
ftr-490	523	21	is	be	AUX
ftr-490	523	22	subject	subject	ADJ
ftr-490	523	23	to	to	ADP
ftr-490	523	24	his	his	PRON
ftr-490	523	25	lien	lien	NOUN
ftr-490	523	26	to	to	PART
ftr-490	523	27	satisfy	satisfy	VERB
ftr-490	523	28	his	his	PRON
ftr-490	523	29	debt	debt	NOUN
ftr-490	523	30	and	and	CCONJ
ftr-490	523	31	can	can	AUX
ftr-490	523	32	not	not	PART
ftr-490	523	33	look	look	VERB
ftr-490	523	34	to	to	ADP
ftr-490	523	35	the	the	DET
ftr-490	523	36	debtor	debtor	NOUN
ftr-490	523	37	personally	personally	ADV
ftr-490	523	38	for	for	ADP
ftr-490	523	39	payment	payment	NOUN
ftr-490	523	40	.	.	PUNCT
ftr-490	523	41	"	"	PUNCT
ftr-490	524	1	bressi	bressi	ADJ
ftr-490	524	2	,	,	PUNCT
ftr-490	524	3	62	62	NUM
ftr-490	524	4	t.c.m	t.c.m	NOUN
ftr-490	524	5	.	.	PUNCT
ftr-490	525	1	(	(	PUNCT
ftr-490	525	2	cch	cch	NOUN
ftr-490	525	3	)	)	PUNCT
ftr-490	525	4	1668	1668	NUM
ftr-490	525	5	,	,	PUNCT
ftr-490	525	6	1672	1672	NUM
ftr-490	525	7	,	,	PUNCT
ftr-490	525	8	t.c.m	t.c.m	NOUN
ftr-490	525	9	.	.	PUNCT
ftr-490	526	1	(	(	PUNCT
ftr-490	526	2	p	p	NOUN
ftr-490	526	3	-	-	PUNCT
ftr-490	526	4	h	h	NOUN
ftr-490	526	5	)	)	PUNCT
ftr-490	526	6	91,651	91,651	NUM
ftr-490	526	7	at	at	ADP
ftr-490	526	8	3227	3227	NUM
ftr-490	526	9	(	(	PUNCT
ftr-490	526	10	1991	1991	NUM
ftr-490	526	11	)	)	PUNCT
ftr-490	526	12	.	.	PUNCT
ftr-490	527	1	rejecting	reject	VERB
ftr-490	527	2	the	the	DET
ftr-490	527	3	taxpayer	taxpayer	NOUN
ftr-490	527	4	's	's	PART
ftr-490	527	5	argument	argument	NOUN
ftr-490	527	6	that	that	SCONJ
ftr-490	527	7	a	a	DET
ftr-490	527	8	performance	performance	NOUN
ftr-490	527	9	bond	bond	NOUN
ftr-490	527	10	essentially	essentially	ADV
ftr-490	527	11	transformed	transform	VERB
ftr-490	527	12	the	the	DET
ftr-490	527	13	debt	debt	NOUN
ftr-490	527	14	into	into	ADP
ftr-490	527	15	nonrecourse	nonrecourse	NOUN
ftr-490	527	16	debt	debt	NOUN
ftr-490	527	17	,	,	PUNCT
ftr-490	527	18	the	the	DET
ftr-490	527	19	court	court	NOUN
ftr-490	527	20	observed	observe	VERB
ftr-490	527	21	that	that	SCONJ
ftr-490	527	22	nothing	nothing	PRON
ftr-490	527	23	in	in	ADP
ftr-490	527	24	the	the	DET
ftr-490	527	25	loan	loan	NOUN
ftr-490	527	26	documents	document	NOUN
ftr-490	527	27	themselves	themselves	PRON
ftr-490	527	28	limited	limit	VERB
ftr-490	527	29	the	the	DET
ftr-490	527	30	personal	personal	ADJ
ftr-490	527	31	liability	liability	NOUN
ftr-490	527	32	of	of	ADP
ftr-490	527	33	the	the	DET
ftr-490	527	34	taxpayer	taxpayer	NOUN
ftr-490	527	35	.	.	PUNCT
ftr-490	528	1	the	the	DET
ftr-490	528	2	internal	internal	ADJ
ftr-490	528	3	revenue	revenue	NOUN
ftr-490	528	4	service	service	NOUN
ftr-490	528	5	,	,	PUNCT
ftr-490	528	6	too	too	ADV
ftr-490	528	7	,	,	PUNCT
ftr-490	528	8	has	have	AUX
ftr-490	528	9	reaffirmed	reaffirm	VERB
ftr-490	528	10	its	its	PRON
ftr-490	528	11	position	position	NOUN
ftr-490	528	12	that	that	SCONJ
ftr-490	528	13	the	the	DET
ftr-490	528	14	bifurcated	bifurcated	ADJ
ftr-490	528	15	approach	approach	NOUN
ftr-490	528	16	controls	control	NOUN
ftr-490	528	17	in	in	ADP
ftr-490	528	18	the	the	DET
ftr-490	528	19	case	case	NOUN
ftr-490	528	20	of	of	ADP
ftr-490	528	21	recourse	recourse	NOUN
ftr-490	528	22	debt	debt	NOUN
ftr-490	528	23	.	.	PUNCT
ftr-490	529	1	in	in	ADP
ftr-490	529	2	revenue	revenue	NOUN
ftr-490	529	3	ruling	rule	VERB
ftr-490	529	4	90	90	NUM
ftr-490	529	5	-	-	SYM
ftr-490	529	6	16	16	NUM
ftr-490	529	7	,	,	PUNCT
ftr-490	529	8	1990	1990	NUM
ftr-490	529	9	-	-	SYM
ftr-490	529	10	1	1	NUM
ftr-490	529	11	c.b	c.b	PROPN
ftr-490	529	12	.	.	PROPN
ftr-490	529	13	12	12	NUM
ftr-490	529	14	,	,	PUNCT
ftr-490	529	15	the	the	DET
ftr-490	529	16	debtor	debtor	NOUN
ftr-490	529	17	transferred	transfer	VERB
ftr-490	529	18	property	property	NOUN
ftr-490	529	19	with	with	ADP
ftr-490	529	20	an	an	DET
ftr-490	529	21	adjusted	adjusted	ADJ
ftr-490	529	22	basis	basis	NOUN
ftr-490	529	23	of	of	ADP
ftr-490	529	24	$	$	SYM
ftr-490	529	25	8,000	8,000	NUM
ftr-490	529	26	and	and	CCONJ
ftr-490	529	27	fair	fair	ADJ
ftr-490	529	28	market	market	NOUN
ftr-490	529	29	value	value	NOUN
ftr-490	529	30	of	of	ADP
ftr-490	529	31	$	$	SYM
ftr-490	529	32	10,000	10,000	NUM
ftr-490	529	33	to	to	ADP
ftr-490	529	34	a	a	DET
ftr-490	529	35	creditor	creditor	NOUN
ftr-490	529	36	in	in	ADP
ftr-490	529	37	complete	complete	ADJ
ftr-490	529	38	satisfaction	satisfaction	NOUN
ftr-490	529	39	of	of	ADP
ftr-490	529	40	a	a	DET
ftr-490	529	41	$	$	SYM
ftr-490	529	42	12,000	12,000	NUM
ftr-490	529	43	recourse	recourse	NOUN
ftr-490	529	44	debt	debt	NOUN
ftr-490	529	45	.	.	PUNCT
ftr-490	530	1	the	the	DET
ftr-490	530	2	ruling	ruling	NOUN
ftr-490	530	3	focused	focus	VERB
ftr-490	530	4	on	on	ADP
ftr-490	530	5	regulations	regulation	NOUN
ftr-490	530	6	section	section	NOUN
ftr-490	530	7	1.1001	1.1001	NUM
ftr-490	530	8	-	-	SYM
ftr-490	530	9	2(c	2(c	NUM
ftr-490	530	10	)	)	PUNCT
ftr-490	530	11	,	,	PUNCT
ftr-490	530	12	example	example	NOUN
ftr-490	530	13	8	8	NUM
ftr-490	530	14	(	(	PUNCT
ftr-490	530	15	see	see	VERB
ftr-490	530	16	supra	supra	ADJ
ftr-490	530	17	text	text	NOUN
ftr-490	530	18	accompanying	accompanying	ADJ
ftr-490	530	19	notes	note	NOUN
ftr-490	530	20	4	4	NUM
ftr-490	530	21	-	-	SYM
ftr-490	530	22	5	5	NUM
ftr-490	530	23	)	)	PUNCT
ftr-490	530	24	,	,	PUNCT
ftr-490	530	25	and	and	CCONJ
ftr-490	530	26	[	[	PUNCT
ftr-490	530	27	vol	vol	NOUN
ftr-490	530	28	1:3	1:3	NUM
ftr-490	530	29	tufts	tuft	NOUN
ftr-490	530	30	and	and	CCONJ
ftr-490	530	31	the	the	DET
ftr-490	530	32	evolution	evolution	NOUN
ftr-490	530	33	qf	qf	PROPN
ftr-490	530	34	debt	debt	NOUN
ftr-490	530	35	-	-	PUNCT
ftr-490	530	36	discharge	discharge	NOUN
ftr-490	530	37	theory	theory	NOUN
ftr-490	530	38	of	of	ADP
ftr-490	530	39	course	course	NOUN
ftr-490	530	40	,	,	PUNCT
ftr-490	530	41	pointing	point	VERB
ftr-490	530	42	out	out	ADP
ftr-490	530	43	that	that	SCONJ
ftr-490	530	44	the	the	DET
ftr-490	530	45	supreme	supreme	PROPN
ftr-490	530	46	court	court	PROPN
ftr-490	530	47	was	be	AUX
ftr-490	530	48	likely	likely	ADV
ftr-490	530	49	unaware	unaware	ADJ
ftr-490	530	50	of	of	ADP
ftr-490	530	51	the	the	DET
ftr-490	530	52	dichotomous	dichotomous	ADJ
ftr-490	530	53	treatment	treatment	NOUN
ftr-490	530	54	it	it	PRON
ftr-490	530	55	was	be	AUX
ftr-490	530	56	cementing	cement	VERB
ftr-490	530	57	with	with	ADP
ftr-490	530	58	its	its	PRON
ftr-490	530	59	opinion	opinion	NOUN
ftr-490	530	60	in	in	ADP
ftr-490	530	61	tufts	tuft	NOUN
ftr-490	530	62	does	do	AUX
ftr-490	530	63	not	not	PART
ftr-490	530	64	necessarily	necessarily	ADV
ftr-490	530	65	mean	mean	VERB
ftr-490	530	66	that	that	SCONJ
ftr-490	530	67	such	such	ADJ
ftr-490	530	68	dichotomous	dichotomous	ADJ
ftr-490	530	69	treatment	treatment	NOUN
ftr-490	530	70	is	be	AUX
ftr-490	530	71	in	in	ADP
ftr-490	530	72	fact	fact	NOUN
ftr-490	530	73	nonsensical	nonsensical	ADJ
ftr-490	530	74	or	or	CCONJ
ftr-490	530	75	,	,	PUNCT
ftr-490	530	76	if	if	SCONJ
ftr-490	530	77	it	it	PRON
ftr-490	530	78	is	be	AUX
ftr-490	530	79	nonsensical	nonsensical	ADJ
ftr-490	530	80	,	,	PUNCT
ftr-490	530	81	does	do	AUX
ftr-490	530	82	not	not	PART
ftr-490	530	83	tell	tell	VERB
ftr-490	530	84	us	we	PRON
ftr-490	530	85	which	which	DET
ftr-490	530	86	approach	approach	NOUN
ftr-490	530	87	should	should	AUX
ftr-490	530	88	be	be	AUX
ftr-490	530	89	adopted	adopt	VERB
ftr-490	530	90	for	for	ADP
ftr-490	530	91	both	both	DET
ftr-490	530	92	situations	situation	NOUN
ftr-490	530	93	.	.	PUNCT
ftr-490	531	1	it	it	PRON
ftr-490	531	2	simply	simply	ADV
ftr-490	531	3	means	mean	VERB
ftr-490	531	4	that	that	SCONJ
ftr-490	531	5	these	these	DET
ftr-490	531	6	issues	issue	NOUN
ftr-490	531	7	can	can	AUX
ftr-490	531	8	not	not	PART
ftr-490	531	9	be	be	AUX
ftr-490	531	10	considered	consider	VERB
ftr-490	531	11	as	as	ADP
ftr-490	531	12	having	having	AUX
ftr-490	531	13	been	be	AUX
ftr-490	531	14	finally	finally	ADV
ftr-490	531	15	decided	decide	VERB
ftr-490	531	16	by	by	ADP
ftr-490	531	17	the	the	DET
ftr-490	531	18	supreme	supreme	PROPN
ftr-490	531	19	court	court	PROPN
ftr-490	531	20	in	in	ADP
ftr-490	531	21	tufts	tuft	NOUN
ftr-490	531	22	.	.	PUNCT
ftr-490	532	1	the	the	DET
ftr-490	532	2	issues	issue	NOUN
ftr-490	532	3	must	must	AUX
ftr-490	532	4	be	be	AUX
ftr-490	532	5	examined	examine	VERB
ftr-490	532	6	on	on	ADP
ftr-490	532	7	their	their	PRON
ftr-490	532	8	own	own	ADJ
ftr-490	532	9	merits	merit	NOUN
ftr-490	532	10	,	,	PUNCT
ftr-490	532	11	which	which	PRON
ftr-490	532	12	brings	bring	VERB
ftr-490	532	13	us	we	PRON
ftr-490	532	14	to	to	ADP
ftr-490	532	15	parts	part	NOUN
ftr-490	532	16	iii	iii	PROPN
ftr-490	532	17	and	and	CCONJ
ftr-490	532	18	iv	iv	NUM
ftr-490	532	19	of	of	ADP
ftr-490	532	20	this	this	DET
ftr-490	532	21	article	article	NOUN
ftr-490	532	22	.	.	PUNCT
ftr-490	533	1	mh	mh	PROPN
ftr-490	533	2	.	.	PROPN
ftr-490	534	1	does	do	AUX
ftr-490	534	2	the	the	DET
ftr-490	534	3	dichotomy	dichotomy	NOUN
ftr-490	534	4	iiake	iiake	NOUN
ftr-490	534	5	sense	sense	NOUN
ftr-490	534	6	?	?	PUNCT
ftr-490	535	1	because	because	SCONJ
ftr-490	535	2	the	the	DET
ftr-490	535	3	court	court	NOUN
ftr-490	535	4	was	be	AUX
ftr-490	535	5	never	never	ADV
ftr-490	535	6	truly	truly	ADV
ftr-490	535	7	given	give	VERB
ftr-490	535	8	the	the	DET
ftr-490	535	9	opportunity	opportunity	NOUN
ftr-490	535	10	to	to	PART
ftr-490	535	11	decide	decide	VERB
ftr-490	535	12	the	the	DET
ftr-490	535	13	case	case	NOUN
ftr-490	535	14	as	as	SCONJ
ftr-490	535	15	suggested	suggest	VERB
ftr-490	535	16	in	in	ADP
ftr-490	535	17	this	this	DET
ftr-490	535	18	article	article	NOUN
ftr-490	535	19	,	,	PUNCT
ftr-490	535	20	its	its	PRON
ftr-490	535	21	reasoning	reasoning	NOUN
ftr-490	535	22	should	should	AUX
ftr-490	535	23	not	not	PART
ftr-490	535	24	be	be	AUX
ftr-490	535	25	seen	see	VERB
ftr-490	535	26	as	as	ADP
ftr-490	535	27	precluding	preclude	VERB
ftr-490	535	28	adoption	adoption	NOUN
ftr-490	535	29	of	of	ADP
ftr-490	535	30	the	the	DET
ftr-490	535	31	bifurcated	bifurcated	ADJ
ftr-490	535	32	approach	approach	NOUN
ftr-490	535	33	for	for	ADP
ftr-490	535	34	both	both	PRON
ftr-490	535	35	nonrecourse	nonrecourse	NOUN
ftr-490	535	36	and	and	CCONJ
ftr-490	535	37	recourse	recourse	VERB
ftr-490	535	38	debt	debt	NOUN
ftr-490	535	39	.	.	PUNCT
ftr-490	536	1	but	but	CCONJ
ftr-490	536	2	because	because	SCONJ
ftr-490	536	3	the	the	DET
ftr-490	536	4	government	government	NOUN
ftr-490	536	5	still	still	ADV
ftr-490	536	6	tends	tend	VERB
ftr-490	536	7	to	to	PART
ftr-490	536	8	rely	rely	VERB
ftr-490	536	9	on	on	ADP
ftr-490	536	10	some	some	PRON
ftr-490	536	11	of	of	ADP
ftr-490	536	12	the	the	DET
ftr-490	536	13	tufts	tuft	NOUN
ftr-490	536	14	arguments	argument	NOUN
ftr-490	536	15	,	,	PUNCT
ftr-490	536	16	parts	part	NOUN
ftr-490	536	17	a	a	PRON
ftr-490	536	18	and	and	CCONJ
ftr-490	536	19	b	b	NOUN
ftr-490	536	20	below	below	ADP
ftr-490	536	21	examine	examine	VERB
ftr-490	536	22	more	more	ADV
ftr-490	536	23	closely	closely	ADV
ftr-490	536	24	those	those	DET
ftr-490	536	25	portions	portion	NOUN
ftr-490	536	26	of	of	ADP
ftr-490	536	27	the	the	DET
ftr-490	536	28	court	court	NOUN
ftr-490	536	29	's	's	PART
ftr-490	536	30	opinion	opinion	NOUN
ftr-490	536	31	often	often	ADV
ftr-490	536	32	cited	cite	VERB
ftr-490	536	33	as	as	ADP
ftr-490	536	34	justifying	justify	VERB
ftr-490	536	35	,	,	PUNCT
ftr-490	536	36	as	as	ADP
ftr-490	536	37	a	a	DET
ftr-490	536	38	theoretical	theoretical	ADJ
ftr-490	536	39	matter	matter	NOUN
ftr-490	536	40	,	,	PUNCT
ftr-490	537	1	rejection	rejection	NOUN
ftr-490	537	2	of	of	ADP
ftr-490	537	3	the	the	DET
ftr-490	537	4	bifurcated	bifurcated	ADJ
ftr-490	537	5	approach	approach	NOUN
ftr-490	537	6	for	for	ADP
ftr-490	537	7	nonrecourse	nonrecourse	NOUN
ftr-490	537	8	debt	debt	NOUN
ftr-490	537	9	.	.	PUNCT
ftr-490	538	1	that	that	DET
ftr-490	538	2	discussion	discussion	NOUN
ftr-490	538	3	leads	lead	VERB
ftr-490	538	4	to	to	ADP
ftr-490	538	5	parts	part	NOUN
ftr-490	538	6	c	c	PROPN
ftr-490	538	7	and	and	CCONJ
ftr-490	538	8	d	d	NOUN
ftr-490	538	9	,	,	PUNCT
ftr-490	538	10	which	which	PRON
ftr-490	538	11	examine	examine	VERB
ftr-490	538	12	the	the	DET
ftr-490	538	13	practical	practical	ADJ
ftr-490	538	14	consequences	consequence	NOUN
ftr-490	538	15	of	of	ADP
ftr-490	538	16	the	the	DET
ftr-490	538	17	dichotomy	dichotomy	NOUN
ftr-490	538	18	and	and	CCONJ
ftr-490	538	19	the	the	DET
ftr-490	538	20	asserted	asserted	ADJ
ftr-490	538	21	justifications	justification	NOUN
ftr-490	538	22	for	for	ADP
ftr-490	538	23	the	the	DET
ftr-490	538	24	dichotomy	dichotomy	NOUN
ftr-490	538	25	other	other	ADJ
ftr-490	538	26	than	than	ADP
ftr-490	538	27	those	those	PRON
ftr-490	538	28	based	base	VERB
ftr-490	538	29	on	on	ADP
ftr-490	538	30	tufts	tuft	NOUN
ftr-490	538	31	.	.	PUNCT
ftr-490	539	1	a.	a.	NOUN
ftr-490	539	2	the	the	DET
ftr-490	539	3	"	"	PUNCT
ftr-490	539	4	functional	functional	ADJ
ftr-490	539	5	-	-	PUNCT
ftr-490	539	6	relation	relation	NOUN
ftr-490	539	7	"	"	PUNCT
ftr-490	539	8	argument	argument	NOUN
ftr-490	539	9	hi	hi	INTJ
ftr-490	539	10	tufts	tuft	NOUN
ftr-490	539	11	the	the	DET
ftr-490	539	12	tufts	tuft	NOUN
ftr-490	539	13	court	court	NOUN
ftr-490	539	14	seemed	seem	VERB
ftr-490	539	15	to	to	PART
ftr-490	539	16	extend	extend	VERB
ftr-490	539	17	easily	easily	ADV
ftr-490	539	18	the	the	DET
ftr-490	539	19	argument	argument	NOUN
ftr-490	539	20	first	first	ADV
ftr-490	539	21	made	make	VERB
ftr-490	539	22	in	in	ADP
ftr-490	539	23	crane	crane	NOUN
ftr-490	539	24	that	that	DET
ftr-490	539	25	amount	amount	NOUN
ftr-490	539	26	realized	realize	VERB
ftr-490	539	27	bears	bear	VERB
ftr-490	539	28	a	a	DET
ftr-490	539	29	"	"	PUNCT
ftr-490	539	30	functional	functional	ADJ
ftr-490	539	31	relation	relation	NOUN
ftr-490	539	32	"	"	PUNCT
ftr-490	539	33	'	'	PUNCT
ftr-490	539	34	to	to	PART
ftr-490	539	35	basis	basis	VERB
ftr-490	539	36	that	that	PRON
ftr-490	539	37	concluded	conclude	VERB
ftr-490	539	38	that	that	SCONJ
ftr-490	539	39	the	the	DET
ftr-490	539	40	taxpayer	taxpayer	NOUN
ftr-490	539	41	realized	realize	VERB
ftr-490	539	42	$	$	SYM
ftr-490	539	43	2,000	2,000	NUM
ftr-490	539	44	of	of	ADP
ftr-490	539	45	cod	cod	NOUN
ftr-490	539	46	income	income	NOUN
ftr-490	539	47	under	under	ADP
ftr-490	539	48	section	section	NOUN
ftr-490	539	49	61(a1l12	61(a1l12	PROPN
ftr-490	539	50	)	)	PUNCT
ftr-490	539	51	as	as	ADV
ftr-490	539	52	well	well	ADV
ftr-490	539	53	as	as	ADP
ftr-490	539	54	$	$	SYM
ftr-490	539	55	2,000	2,000	NUM
ftr-490	539	56	of	of	ADP
ftr-490	539	57	gain	gain	NOUN
ftr-490	539	58	under	under	ADP
ftr-490	539	59	section	section	NOUN
ftr-490	539	60	1001	1001	NUM
ftr-490	539	61	.	.	PUNCT
ftr-490	540	1	because	because	SCONJ
ftr-490	540	2	the	the	DET
ftr-490	540	3	taxpayer	taxpayer	NOUN
ftr-490	540	4	was	be	AUX
ftr-490	540	5	insolvent	insolvent	ADJ
ftr-490	540	6	.	.	PUNCT
ftr-490	541	1	the	the	DET
ftr-490	541	2	cod	cod	NOUN
ftr-490	541	3	income	income	NOUN
ftr-490	541	4	could	could	AUX
ftr-490	541	5	be	be	AUX
ftr-490	541	6	deferred	defer	VERB
ftr-490	541	7	under	under	ADP
ftr-490	541	8	the	the	DET
ftr-490	541	9	mechanism	mechanism	NOUN
ftr-490	541	10	provided	provide	VERB
ftr-490	541	11	in	in	ADP
ftr-490	541	12	section	section	NOUN
ftr-490	541	13	108(b	108(b	PROPN
ftr-490	541	14	)	)	PUNCT
ftr-490	541	15	,	,	PUNCT
ftr-490	541	16	but	but	CCONJ
ftr-490	541	17	the	the	DET
ftr-490	541	18	realized	realize	VERB
ftr-490	541	19	gain	gain	NOUN
ftr-490	541	20	could	could	AUX
ftr-490	541	21	not	not	PART
ftr-490	541	22	be	be	AUX
ftr-490	541	23	similarly	similarly	ADV
ftr-490	541	24	deferred	defer	VERB
ftr-490	541	25	.	.	PUNCT
ftr-490	542	1	neither	neither	CCONJ
ftr-490	542	2	the	the	DET
ftr-490	542	3	ruling	ruling	NOUN
ftr-490	542	4	nor	nor	CCONJ
ftr-490	542	5	its	its	PRON
ftr-490	542	6	underlying	underlying	ADJ
ftr-490	542	7	general	general	ADJ
ftr-490	542	8	counsel	counsel	NOUN
ftr-490	542	9	memorandum	memorandum	NOUN
ftr-490	542	10	(	(	PUNCT
ftr-490	542	11	see	see	VERB
ftr-490	542	12	g.c.m	g.c.m	NOUN
ftr-490	542	13	.	.	PUNCT
ftr-490	542	14	39814	39814	NUM
ftr-490	542	15	(	(	PUNCT
ftr-490	542	16	mar	mar	PROPN
ftr-490	542	17	.	.	PROPN
ftr-490	542	18	30	30	NUM
ftr-490	542	19	,	,	PUNCT
ftr-490	542	20	1990	1990	NUM
ftr-490	542	21	)	)	PUNCT
ftr-490	542	22	)	)	PUNCT
ftr-490	542	23	discusses	discuss	VERB
ftr-490	542	24	the	the	DET
ftr-490	542	25	defensibility	defensibility	NOUN
ftr-490	542	26	of	of	ADP
ftr-490	542	27	the	the	DET
ftr-490	542	28	bifurcated	bifurcated	ADJ
ftr-490	542	29	approach	approach	NOUN
ftr-490	542	30	for	for	ADP
ftr-490	542	31	recourse	recourse	NOUN
ftr-490	542	32	debt	debt	NOUN
ftr-490	542	33	in	in	ADP
ftr-490	542	34	light	light	NOUN
ftr-490	542	35	of	of	ADP
ftr-490	542	36	tufts	tuft	NOUN
ftr-490	542	37	or	or	CCONJ
ftr-490	542	38	the	the	DET
ftr-490	542	39	defensibility	defensibility	NOUN
ftr-490	542	40	of	of	ADP
ftr-490	542	41	using	use	VERB
ftr-490	542	42	a	a	DET
ftr-490	542	43	different	different	ADJ
ftr-490	542	44	approach	approach	NOUN
ftr-490	542	45	than	than	ADP
ftr-490	542	46	the	the	DET
ftr-490	542	47	collapsed	collapse	VERB
ftr-490	542	48	approach	approach	NOUN
ftr-490	542	49	used	use	VERB
ftr-490	542	50	for	for	ADP
ftr-490	542	51	nonrecourse	nonrecourse	NOUN
ftr-490	542	52	debt	debt	NOUN
ftr-490	542	53	.	.	PUNCT
ftr-490	543	1	73	73	NUM
ftr-490	543	2	.	.	PUNCT
ftr-490	544	1	thus	thus	ADV
ftr-490	544	2	,	,	PUNCT
ftr-490	544	3	i	i	PRON
ftr-490	544	4	fundamentally	fundamentally	ADV
ftr-490	544	5	disagree	disagree	VERB
ftr-490	544	6	with	with	ADP
ftr-490	544	7	mr	mr	PROPN
ftr-490	544	8	.	.	PROPN
ftr-490	544	9	robinson	robinson	PROPN
ftr-490	544	10	.	.	PUNCT
ftr-490	545	1	who	who	PRON
ftr-490	545	2	has	have	AUX
ftr-490	545	3	written	write	VERB
ftr-490	545	4	that	that	SCONJ
ftr-490	545	5	"	"	PUNCT
ftr-490	545	6	iln	iln	PROPN
ftr-490	545	7	light	light	NOUN
ftr-490	545	8	of	of	ADP
ftr-490	545	9	the	the	DET
ftr-490	545	10	tufts	tuft	NOUN
ftr-490	545	11	case	case	NOUN
ftr-490	545	12	and	and	CCONJ
ftr-490	545	13	its	its	PRON
ftr-490	545	14	emphasis	emphasis	NOUN
ftr-490	545	15	on	on	ADP
ftr-490	545	16	the	the	DET
ftr-490	545	17	discretion	discretion	NOUN
ftr-490	545	18	of	of	ADP
ftr-490	545	19	the	the	DET
ftr-490	545	20	commissioner	commissioner	NOUN
ftr-490	545	21	in	in	ADP
ftr-490	545	22	this	this	DET
ftr-490	545	23	area	area	NOUN
ftr-490	545	24	.	.	PUNCT
ftr-490	546	1	the	the	DET
ftr-490	546	2	validity	validity	NOUN
ftr-490	546	3	of	of	ADP
ftr-490	546	4	these	these	DET
ftr-490	546	5	regulations	regulation	NOUN
ftr-490	546	6	is	be	AUX
ftr-490	546	7	beyond	beyond	ADP
ftr-490	546	8	question	question	NOUN
ftr-490	546	9	.	.	PUNCT
ftr-490	546	10	"	"	PUNCT
ftr-490	547	1	robinson	robinson	PROPN
ftr-490	547	2	.	.	PUNCT
ftr-490	548	1	supra	supra	PROPN
ftr-490	548	2	note	note	PROPN
ftr-490	548	3	9	9	NUM
ftr-490	548	4	.	.	PUNCT
ftr-490	549	1	at	at	ADP
ftr-490	549	2	22	22	NUM
ftr-490	549	3	.	.	PUNCT
ftr-490	550	1	that	that	DET
ftr-490	550	2	statement	statement	NOUN
ftr-490	550	3	assumes	assume	VERB
ftr-490	550	4	knowledge	knowledge	NOUN
ftr-490	550	5	on	on	ADP
ftr-490	550	6	the	the	DET
ftr-490	550	7	part	part	NOUN
ftr-490	550	8	of	of	ADP
ftr-490	550	9	the	the	DET
ftr-490	550	10	supreme	supreme	PROPN
ftr-490	550	11	court	court	PROPN
ftr-490	550	12	of	of	ADP
ftr-490	550	13	the	the	DET
ftr-490	550	14	dichotomy	dichotomy	NOUN
ftr-490	550	15	it	it	PRON
ftr-490	550	16	was	be	AUX
ftr-490	550	17	cementing	cement	VERB
ftr-490	550	18	as	as	ADV
ftr-490	550	19	well	well	ADV
ftr-490	550	20	as	as	ADP
ftr-490	550	21	conscious	conscious	ADJ
ftr-490	550	22	affirmation	affirmation	NOUN
ftr-490	550	23	of	of	ADP
ftr-490	550	24	it	it	PRON
ftr-490	550	25	as	as	ADP
ftr-490	550	26	a	a	DET
ftr-490	550	27	reasonable	reasonable	ADJ
ftr-490	550	28	dichotomy	dichotomy	NOUN
ftr-490	550	29	.	.	PUNCT
ftr-490	551	1	as	as	SCONJ
ftr-490	551	2	demonstrated	demonstrate	VERB
ftr-490	551	3	in	in	ADP
ftr-490	551	4	the	the	DET
ftr-490	551	5	text	text	NOUN
ftr-490	551	6	above	above	ADP
ftr-490	551	7	,	,	PUNCT
ftr-490	551	8	the	the	DET
ftr-490	551	9	court	court	NOUN
ftr-490	551	10	's	's	PART
ftr-490	551	11	rhetoric	rhetoric	NOUN
ftr-490	551	12	in	in	ADP
ftr-490	551	13	both	both	CCONJ
ftr-490	551	14	crane	crane	NOUN
ftr-490	551	15	and	and	CCONJ
ftr-490	551	16	tufts	tuft	NOUN
ftr-490	551	17	indicated	indicate	VERB
ftr-490	551	18	that	that	SCONJ
ftr-490	551	19	it	it	PRON
ftr-490	551	20	thought	think	VERB
ftr-490	551	21	it	it	PRON
ftr-490	551	22	was	be	AUX
ftr-490	551	23	conforming	conform	VERB
ftr-490	551	24	the	the	DET
ftr-490	551	25	treatment	treatment	NOUN
ftr-490	551	26	of	of	ADP
ftr-490	551	27	nonrecourse	nonrecourse	ADJ
ftr-490	551	28	debt	debt	NOUN
ftr-490	551	29	to	to	PART
ftr-490	551	30	recourse	recourse	VERB
ftr-490	551	31	debt	debt	NOUN
ftr-490	551	32	when	when	SCONJ
ftr-490	551	33	the	the	DET
ftr-490	551	34	securing	securing	NOUN
ftr-490	551	35	property	property	NOUN
ftr-490	551	36	is	be	AUX
ftr-490	551	37	transferred	transfer	VERB
ftr-490	551	38	.	.	PUNCT
ftr-490	551	39	including	include	VERB
ftr-490	551	40	cases	case	NOUN
ftr-490	551	41	in	in	ADP
ftr-490	551	42	which	which	PRON
ftr-490	551	43	the	the	DET
ftr-490	551	44	fair	fair	ADJ
ftr-490	551	45	market	market	NOUN
ftr-490	551	46	value	value	NOUN
ftr-490	551	47	of	of	ADP
ftr-490	551	48	the	the	DET
ftr-490	551	49	property	property	NOUN
ftr-490	551	50	transferred	transfer	VERB
ftr-490	551	51	is	be	AUX
ftr-490	551	52	less	less	ADJ
ftr-490	551	53	than	than	ADP
ftr-490	551	54	the	the	DET
ftr-490	551	55	extinguished	extinguished	ADJ
ftr-490	551	56	debt	debt	NOUN
ftr-490	551	57	.	.	PUNCT
ftr-490	552	1	74	74	NUM
ftr-490	552	2	.	.	PUNCT
ftr-490	553	1	in	in	ADP
ftr-490	553	2	crane	crane	NOUN
ftr-490	553	3	,	,	PUNCT
ftr-490	553	4	"	"	PUNCT
ftr-490	553	5	the	the	DET
ftr-490	553	6	court	court	NOUN
ftr-490	553	7	recognized	recognize	VERB
ftr-490	553	8	the	the	DET
ftr-490	553	9	'	'	PUNCT
ftr-490	553	10	functional	functional	ADJ
ftr-490	553	11	relation	relation	NOUN
ftr-490	553	12	'	'	PUNCT
ftr-490	553	13	in	in	ADP
ftr-490	553	14	the	the	DET
ftr-490	553	15	statute	statute	NOUN
ftr-490	553	16	between	between	ADP
ftr-490	553	17	basis	basis	NOUN
ftr-490	553	18	and	and	CCONJ
ftr-490	553	19	amount	amount	NOUN
ftr-490	553	20	realized	realize	VERB
ftr-490	553	21	.	.	PUNCT
ftr-490	553	22	"	"	PUNCT
ftr-490	554	1	brief	brief	ADJ
ftr-490	554	2	for	for	ADP
ftr-490	554	3	the	the	DET
ftr-490	554	4	petitioner	petitioner	NOUN
ftr-490	554	5	at	at	ADP
ftr-490	554	6	11	11	NUM
ftr-490	554	7	.	.	PUNCT
ftr-490	555	1	tufts	tuft	NOUN
ftr-490	555	2	(	(	PUNCT
ftr-490	555	3	no	no	INTJ
ftr-490	555	4	.	.	NOUN
ftr-490	555	5	81	81	NUM
ftr-490	555	6	-	-	PUNCT
ftr-490	555	7	1536	1536	NUM
ftr-490	555	8	)	)	PUNCT
ftr-490	555	9	.	.	PUNCT
ftr-490	556	1	19921	19921	NUM
ftr-490	556	2	florida	florida	PROPN
ftr-490	556	3	tax	tax	NOUN
ftr-490	556	4	review	review	NOUN
ftr-490	556	5	requires	require	VERB
ftr-490	556	6	any	any	DET
ftr-490	556	7	debt	debt	NOUN
ftr-490	556	8	included	include	VERB
ftr-490	556	9	in	in	ADP
ftr-490	556	10	basis	basis	NOUN
ftr-490	556	11	to	to	PART
ftr-490	556	12	be	be	AUX
ftr-490	556	13	included	include	VERB
ftr-490	556	14	in	in	ADP
ftr-490	556	15	amount	amount	NOUN
ftr-490	556	16	realized	realize	VERB
ftr-490	556	17	on	on	ADP
ftr-490	556	18	disposition	disposition	NOUN
ftr-490	556	19	of	of	ADP
ftr-490	556	20	the	the	DET
ftr-490	556	21	property	property	NOUN
ftr-490	556	22	.	.	PUNCT
ftr-490	557	1	the	the	DET
ftr-490	557	2	court	court	NOUN
ftr-490	557	3	extended	extend	VERB
ftr-490	557	4	the	the	DET
ftr-490	557	5	reasoning	reasoning	NOUN
ftr-490	557	6	by	by	ADP
ftr-490	557	7	holding	hold	VERB
ftr-490	557	8	that	that	SCONJ
ftr-490	557	9	the	the	DET
ftr-490	557	10	same	same	ADJ
ftr-490	557	11	is	be	AUX
ftr-490	557	12	true	true	ADJ
ftr-490	557	13	when	when	SCONJ
ftr-490	557	14	nonrecourse	nonrecourse	ADJ
ftr-490	557	15	debt	debt	NOUN
ftr-490	557	16	exceeds	exceed	VERB
ftr-490	557	17	the	the	DET
ftr-490	557	18	fair	fair	ADJ
ftr-490	557	19	market	market	NOUN
ftr-490	557	20	value	value	NOUN
ftr-490	557	21	of	of	ADP
ftr-490	557	22	the	the	DET
ftr-490	557	23	property	property	NOUN
ftr-490	557	24	transferred	transfer	VERB
ftr-490	557	25	.	.	PUNCT
ftr-490	558	1	the	the	DET
ftr-490	558	2	government	government	NOUN
ftr-490	558	3	has	have	AUX
ftr-490	558	4	continued	continue	VERB
ftr-490	558	5	to	to	PART
ftr-490	558	6	use	use	VERB
ftr-490	558	7	this	this	DET
ftr-490	558	8	functionalrelation	functionalrelation	NOUN
ftr-490	558	9	argument	argument	NOUN
ftr-490	558	10	in	in	ADP
ftr-490	558	11	other	other	ADJ
ftr-490	558	12	contexts.75	contexts.75	NOUN
ftr-490	558	13	the	the	DET
ftr-490	558	14	functional	functional	ADJ
ftr-490	558	15	-	-	PUNCT
ftr-490	558	16	relation	relation	NOUN
ftr-490	558	17	argument	argument	NOUN
ftr-490	558	18	proves	prove	VERB
ftr-490	558	19	too	too	ADV
ftr-490	558	20	much	much	ADJ
ftr-490	558	21	if	if	SCONJ
ftr-490	558	22	it	it	PRON
ftr-490	558	23	is	be	AUX
ftr-490	558	24	interpreted	interpret	VERB
ftr-490	558	25	as	as	ADP
ftr-490	558	26	requiring	require	VERB
ftr-490	558	27	section	section	NOUN
ftr-490	558	28	1001	1001	NUM
ftr-490	558	29	amount	amount	NOUN
ftr-490	558	30	realized	realize	VERB
ftr-490	558	31	to	to	PART
ftr-490	558	32	take	take	VERB
ftr-490	558	33	precedence	precedence	NOUN
ftr-490	558	34	over	over	ADP
ftr-490	558	35	section	section	NOUN
ftr-490	558	36	61(a)(12	61(a)(12	NUM
ftr-490	558	37	)	)	PUNCT
ftr-490	558	38	cod	cod	NOUN
ftr-490	558	39	income	income	NOUN
ftr-490	558	40	.	.	PUNCT
ftr-490	559	1	indeed	indeed	ADV
ftr-490	559	2	,	,	PUNCT
ftr-490	559	3	recourse	recourse	VERB
ftr-490	559	4	debt	debt	NOUN
ftr-490	559	5	is	be	AUX
ftr-490	559	6	not	not	PART
ftr-490	559	7	fully	fully	ADV
ftr-490	559	8	included	include	VERB
ftr-490	559	9	in	in	ADP
ftr-490	559	10	amount	amount	NOUN
ftr-490	559	11	realized	realize	VERB
ftr-490	559	12	in	in	ADP
ftr-490	559	13	the	the	DET
ftr-490	559	14	tufts	tuft	NOUN
ftr-490	559	15	situation	situation	NOUN
ftr-490	559	16	even	even	ADV
ftr-490	559	17	though	though	SCONJ
ftr-490	559	18	it	it	PRON
ftr-490	559	19	is	be	AUX
ftr-490	559	20	included	include	VERB
ftr-490	559	21	in	in	ADP
ftr-490	559	22	the	the	DET
ftr-490	559	23	basis	basis	NOUN
ftr-490	559	24	of	of	ADP
ftr-490	559	25	the	the	DET
ftr-490	559	26	property	property	NOUN
ftr-490	559	27	transferred	transfer	VERB
ftr-490	559	28	;	;	PUNCT
ftr-490	559	29	rather	rather	ADV
ftr-490	559	30	,	,	PUNCT
ftr-490	559	31	the	the	DET
ftr-490	559	32	unsatisfied	unsatisfied	ADJ
ftr-490	559	33	recourse	recourse	NOUN
ftr-490	559	34	debt	debt	NOUN
ftr-490	559	35	creates	create	VERB
ftr-490	559	36	cod	cod	NOUN
ftr-490	559	37	income	income	NOUN
ftr-490	559	38	.	.	PUNCT
ftr-490	560	1	the	the	DET
ftr-490	560	2	usefulness	usefulness	NOUN
ftr-490	560	3	of	of	ADP
ftr-490	560	4	the	the	DET
ftr-490	560	5	functional	functional	ADJ
ftr-490	560	6	-	-	PUNCT
ftr-490	560	7	relation	relation	NOUN
ftr-490	560	8	argument	argument	NOUN
ftr-490	560	9	is	be	AUX
ftr-490	560	10	limited	limit	VERB
ftr-490	560	11	to	to	ADP
ftr-490	560	12	the	the	DET
ftr-490	560	13	inquiry	inquiry	NOUN
ftr-490	560	14	whether	whether	SCONJ
ftr-490	560	15	any	any	DET
ftr-490	560	16	accession	accession	NOUN
ftr-490	560	17	to	to	ADP
ftr-490	560	18	wealth	wealth	NOUN
ftr-490	560	19	at	at	ADP
ftr-490	560	20	all	all	ADV
ftr-490	560	21	should	should	AUX
ftr-490	560	22	be	be	AUX
ftr-490	560	23	considered	consider	VERB
ftr-490	560	24	as	as	ADP
ftr-490	560	25	occurring	occur	VERB
ftr-490	560	26	on	on	ADP
ftr-490	560	27	the	the	DET
ftr-490	560	28	disposition	disposition	NOUN
ftr-490	560	29	of	of	ADP
ftr-490	560	30	property	property	NOUN
ftr-490	560	31	,	,	PUNCT
ftr-490	560	32	the	the	DET
ftr-490	560	33	basis	basis	NOUN
ftr-490	560	34	of	of	ADP
ftr-490	560	35	which	which	PRON
ftr-490	560	36	includes	include	VERB
ftr-490	560	37	untaxed	untaxed	ADJ
ftr-490	560	38	loan	loan	NOUN
ftr-490	560	39	proceeds	proceed	NOUN
ftr-490	560	40	.	.	PUNCT
ftr-490	561	1	as	as	SCONJ
ftr-490	561	2	implicitly	implicitly	ADV
ftr-490	561	3	used	use	VERB
ftr-490	561	4	by	by	ADP
ftr-490	561	5	the	the	DET
ftr-490	561	6	government	government	NOUN
ftr-490	561	7	in	in	ADP
ftr-490	561	8	tufts	tuft	NOUN
ftr-490	561	9	,	,	PUNCT
ftr-490	561	10	the	the	DET
ftr-490	561	11	argument	argument	NOUN
ftr-490	561	12	implies	imply	VERB
ftr-490	561	13	,	,	PUNCT
ftr-490	561	14	for	for	ADP
ftr-490	561	15	example	example	NOUN
ftr-490	561	16	,	,	PUNCT
ftr-490	561	17	the	the	DET
ftr-490	561	18	opposite	opposite	ADJ
ftr-490	561	19	notion	notion	NOUN
ftr-490	561	20	that	that	SCONJ
ftr-490	561	21	after	after	ADP
ftr-490	561	22	-	-	PUNCT
ftr-490	561	23	acquired	acquire	VERB
ftr-490	561	24	mortgages	mortgage	NOUN
ftr-490	561	25	which	which	PRON
ftr-490	561	26	do	do	AUX
ftr-490	561	27	not	not	PART
ftr-490	561	28	affect	affect	VERB
ftr-490	561	29	basis	basis	NOUN
ftr-490	561	30	can	can	AUX
ftr-490	561	31	not	not	PART
ftr-490	561	32	be	be	AUX
ftr-490	561	33	included	include	VERB
ftr-490	561	34	in	in	ADP
ftr-490	561	35	amount	amount	NOUN
ftr-490	561	36	realized	realize	VERB
ftr-490	561	37	on	on	ADP
ftr-490	561	38	disposition	disposition	NOUN
ftr-490	561	39	of	of	ADP
ftr-490	561	40	property	property	NOUN
ftr-490	561	41	subject	subject	NOUN
ftr-490	561	42	to	to	ADP
ftr-490	561	43	the	the	DET
ftr-490	561	44	debt	debt	NOUN
ftr-490	561	45	.	.	PUNCT
ftr-490	562	1	that	that	DET
ftr-490	562	2	notion	notion	NOUN
ftr-490	562	3	is	be	AUX
ftr-490	562	4	untrue.76	untrue.76	PROPN
ftr-490	562	5	assume	assume	VERB
ftr-490	562	6	,	,	PUNCT
ftr-490	562	7	for	for	ADP
ftr-490	562	8	example	example	NOUN
ftr-490	562	9	,	,	PUNCT
ftr-490	562	10	that	that	SCONJ
ftr-490	562	11	taxpayer	taxpayer	NOUN
ftr-490	562	12	acquires	acquire	VERB
ftr-490	562	13	blackacre	blackacre	NOUN
ftr-490	562	14	solely	solely	ADV
ftr-490	562	15	with	with	ADP
ftr-490	562	16	$	$	SYM
ftr-490	562	17	100,000	100,000	NUM
ftr-490	562	18	in	in	ADP
ftr-490	562	19	cash	cash	NOUN
ftr-490	562	20	.	.	PUNCT
ftr-490	563	1	blackacre	blackacre	PROPN
ftr-490	563	2	's	's	PART
ftr-490	563	3	adjusted	adjust	VERB
ftr-490	563	4	basis	basis	NOUN
ftr-490	563	5	would	would	AUX
ftr-490	563	6	be	be	AUX
ftr-490	563	7	its	its	PRON
ftr-490	563	8	$	$	SYM
ftr-490	563	9	100,000	100,000	NUM
ftr-490	563	10	cost	cost	NOUN
ftr-490	563	11	under	under	ADP
ftr-490	563	12	section	section	NOUN
ftr-490	563	13	1012	1012	NUM
ftr-490	563	14	.	.	PUNCT
ftr-490	564	1	assume	assume	VERB
ftr-490	564	2	further	far	ADV
ftr-490	564	3	that	that	SCONJ
ftr-490	564	4	when	when	SCONJ
ftr-490	564	5	the	the	DET
ftr-490	564	6	fair	fair	ADJ
ftr-490	564	7	market	market	NOUN
ftr-490	564	8	value	value	NOUN
ftr-490	564	9	of	of	ADP
ftr-490	564	10	the	the	DET
ftr-490	564	11	property	property	NOUN
ftr-490	564	12	appreciates	appreciate	VERB
ftr-490	564	13	to	to	ADP
ftr-490	564	14	$	$	SYM
ftr-490	564	15	500,000	500,000	NUM
ftr-490	564	16	,	,	PUNCT
ftr-490	564	17	taxpayer	taxpayer	NOUN
ftr-490	564	18	borrows	borrow	VERB
ftr-490	564	19	$	$	SYM
ftr-490	564	20	400,000	400,000	NUM
ftr-490	564	21	on	on	ADP
ftr-490	564	22	a	a	DET
ftr-490	564	23	nonrecourse	nonrecourse	ADJ
ftr-490	564	24	basis	basis	NOUN
ftr-490	564	25	using	use	VERB
ftr-490	564	26	blackacre	blackacre	NOUN
ftr-490	564	27	as	as	ADP
ftr-490	564	28	security	security	NOUN
ftr-490	564	29	.	.	PUNCT
ftr-490	565	1	the	the	DET
ftr-490	565	2	basis	basis	NOUN
ftr-490	565	3	of	of	ADP
ftr-490	565	4	blackacre	blackacre	NOUN
ftr-490	565	5	does	do	AUX
ftr-490	565	6	not	not	PART
ftr-490	565	7	include	include	VERB
ftr-490	565	8	the	the	DET
ftr-490	565	9	debt	debt	NOUN
ftr-490	565	10	,	,	PUNCT
ftr-490	565	11	as	as	SCONJ
ftr-490	565	12	it	it	PRON
ftr-490	565	13	would	would	AUX
ftr-490	565	14	under	under	ADP
ftr-490	565	15	crane	crane	NOUN
ftr-490	565	16	if	if	SCONJ
ftr-490	565	17	the	the	DET
ftr-490	565	18	debt	debt	NOUN
ftr-490	565	19	had	have	AUX
ftr-490	565	20	been	be	AUX
ftr-490	565	21	purchase	purchase	NOUN
ftr-490	565	22	debt	debt	NOUN
ftr-490	565	23	,	,	PUNCT
ftr-490	565	24	because	because	SCONJ
ftr-490	565	25	the	the	DET
ftr-490	565	26	$	$	SYM
ftr-490	565	27	400,000	400,000	NUM
ftr-490	565	28	cash	cash	NOUN
ftr-490	565	29	has	have	VERB
ftr-490	565	30	its	its	PRON
ftr-490	565	31	own	own	ADJ
ftr-490	565	32	basis	basis	NOUN
ftr-490	565	33	(	(	PUNCT
ftr-490	565	34	or	or	CCONJ
ftr-490	565	35	the	the	DET
ftr-490	565	36	property	property	NOUN
ftr-490	565	37	purchased	purchase	VERB
ftr-490	565	38	with	with	ADP
ftr-490	565	39	the	the	DET
ftr-490	565	40	$	$	SYM
ftr-490	565	41	400,000	400,000	NUM
ftr-490	565	42	cash	cash	NOUN
ftr-490	565	43	has	have	VERB
ftr-490	565	44	its	its	PRON
ftr-490	565	45	own	own	ADJ
ftr-490	565	46	cost	cost	NOUN
ftr-490	565	47	basis	basis	NOUN
ftr-490	565	48	)	)	PUNCT
ftr-490	565	49	.	.	PUNCT
ftr-490	566	1	now	now	ADV
ftr-490	566	2	assume	assume	VERB
ftr-490	566	3	taxpayer	taxpayer	NOUN
ftr-490	566	4	disposes	dispose	VERB
ftr-490	566	5	of	of	ADP
ftr-490	566	6	blackacre	blackacre	NOUN
ftr-490	566	7	for	for	ADP
ftr-490	566	8	$	$	SYM
ftr-490	566	9	100,000	100,000	NUM
ftr-490	566	10	in	in	ADP
ftr-490	566	11	cash	cash	NOUN
ftr-490	566	12	plus	plus	CCONJ
ftr-490	566	13	assumption	assumption	NOUN
ftr-490	566	14	of	of	ADP
ftr-490	566	15	the	the	DET
ftr-490	566	16	$	$	SYM
ftr-490	566	17	400,000	400,000	NUM
ftr-490	566	18	liability	liability	NOUN
ftr-490	566	19	when	when	SCONJ
ftr-490	566	20	the	the	DET
ftr-490	566	21	property	property	NOUN
ftr-490	566	22	is	be	AUX
ftr-490	566	23	still	still	ADV
ftr-490	566	24	worth	worth	ADJ
ftr-490	566	25	$	$	SYM
ftr-490	566	26	500,000	500,000	NUM
ftr-490	566	27	(	(	PUNCT
ftr-490	566	28	i.e.	i.e.	X
ftr-490	566	29	,	,	PUNCT
ftr-490	566	30	there	there	PRON
ftr-490	566	31	is	be	VERB
ftr-490	566	32	no	no	DET
ftr-490	566	33	debt	debt	NOUN
ftr-490	566	34	cancellation	cancellation	NOUN
ftr-490	566	35	)	)	PUNCT
ftr-490	566	36	.	.	PUNCT
ftr-490	567	1	the	the	DET
ftr-490	567	2	$	$	SYM
ftr-490	567	3	400,000	400,000	NUM
ftr-490	567	4	is	be	AUX
ftr-490	567	5	included	include	VERB
ftr-490	567	6	in	in	ADP
ftr-490	567	7	amount	amount	NOUN
ftr-490	567	8	realized	realize	VERB
ftr-490	567	9	under	under	ADP
ftr-490	567	10	section	section	NOUN
ftr-490	567	11	1001	1001	NUM
ftr-490	567	12	even	even	ADV
ftr-490	567	13	though	though	SCONJ
ftr-490	567	14	the	the	DET
ftr-490	567	15	$	$	SYM
ftr-490	567	16	400,000	400,000	NUM
ftr-490	567	17	liability	liability	NOUN
ftr-490	567	18	was	be	AUX
ftr-490	567	19	not	not	PART
ftr-490	567	20	included	include	VERB
ftr-490	567	21	in	in	ADP
ftr-490	567	22	basis	basis	NOUN
ftr-490	567	23	.	.	PUNCT
ftr-490	568	1	taxpayer	taxpayer	NOUN
ftr-490	568	2	thus	thus	ADV
ftr-490	568	3	has	have	AUX
ftr-490	568	4	realized	realize	VERB
ftr-490	568	5	$	$	SYM
ftr-490	568	6	400,000	400,000	NUM
ftr-490	568	7	of	of	ADP
ftr-490	568	8	gain	gain	NOUN
ftr-490	568	9	under	under	ADP
ftr-490	568	10	section	section	NOUN
ftr-490	568	11	1001	1001	NUM
ftr-490	568	12	.	.	PUNCT
ftr-490	569	1	7	7	NUM
ftr-490	569	2	7	7	NUM
ftr-490	569	3	75	75	NUM
ftr-490	569	4	.	.	PUNCT
ftr-490	570	1	see	see	VERB
ftr-490	570	2	discussion	discussion	NOUN
ftr-490	570	3	infra	infra	NOUN
ftr-490	570	4	note	note	VERB
ftr-490	570	5	100	100	NUM
ftr-490	570	6	(	(	PUNCT
ftr-490	570	7	discussing	discuss	VERB
ftr-490	570	8	this	this	DET
ftr-490	570	9	argument	argument	NOUN
ftr-490	570	10	as	as	SCONJ
ftr-490	570	11	it	it	PRON
ftr-490	570	12	was	be	AUX
ftr-490	570	13	made	make	VERB
ftr-490	570	14	in	in	ADP
ftr-490	570	15	the	the	DET
ftr-490	570	16	allan	allan	PROPN
ftr-490	570	17	case	case	NOUN
ftr-490	570	18	)	)	PUNCT
ftr-490	570	19	.	.	PUNCT
ftr-490	571	1	76	76	NUM
ftr-490	571	2	.	.	PUNCT
ftr-490	572	1	the	the	DET
ftr-490	572	2	regulations	regulation	NOUN
ftr-490	572	3	do	do	AUX
ftr-490	572	4	,	,	PUNCT
ftr-490	572	5	however	however	ADV
ftr-490	572	6	,	,	PUNCT
ftr-490	572	7	specifically	specifically	ADV
ftr-490	572	8	provide	provide	VERB
ftr-490	572	9	that	that	DET
ftr-490	572	10	purchase	purchase	NOUN
ftr-490	572	11	debt	debt	NOUN
ftr-490	572	12	that	that	PRON
ftr-490	572	13	is	be	AUX
ftr-490	572	14	not	not	PART
ftr-490	572	15	included	include	VERB
ftr-490	572	16	in	in	ADP
ftr-490	572	17	basis	basis	NOUN
ftr-490	572	18	can	can	AUX
ftr-490	572	19	not	not	PART
ftr-490	572	20	be	be	AUX
ftr-490	572	21	included	include	VERB
ftr-490	572	22	in	in	ADP
ftr-490	572	23	amount	amount	NOUN
ftr-490	572	24	realized	realize	VERB
ftr-490	572	25	.	.	PUNCT
ftr-490	573	1	see	see	VERB
ftr-490	573	2	regs	reg	NOUN
ftr-490	573	3	.	.	PUNCT
ftr-490	574	1	§	§	PROPN
ftr-490	574	2	1.1001	1.1001	NUM
ftr-490	574	3	-	-	PUNCT
ftr-490	574	4	2(a)(3	2(a)(3	NUM
ftr-490	574	5	)	)	PUNCT
ftr-490	574	6	(	(	PUNCT
ftr-490	574	7	"	"	PUNCT
ftr-490	574	8	in	in	ADP
ftr-490	574	9	the	the	DET
ftr-490	574	10	case	case	NOUN
ftr-490	574	11	of	of	ADP
ftr-490	574	12	a	a	DET
ftr-490	574	13	liability	liability	NOUN
ftr-490	574	14	incurred	incur	VERB
ftr-490	574	15	by	by	ADP
ftr-490	574	16	reason	reason	NOUN
ftr-490	574	17	of	of	ADP
ftr-490	574	18	the	the	DET
ftr-490	574	19	acquisition	acquisition	NOUN
ftr-490	574	20	of	of	ADP
ftr-490	574	21	the	the	DET
ftr-490	574	22	property	property	NOUN
ftr-490	574	23	,	,	PUNCT
ftr-490	574	24	this	this	DET
ftr-490	574	25	section	section	NOUN
ftr-490	574	26	does	do	AUX
ftr-490	574	27	not	not	PART
ftr-490	574	28	apply	apply	VERB
ftr-490	574	29	to	to	ADP
ftr-490	574	30	the	the	DET
ftr-490	574	31	extent	extent	NOUN
ftr-490	574	32	that	that	SCONJ
ftr-490	574	33	such	such	ADJ
ftr-490	574	34	liability	liability	NOUN
ftr-490	574	35	was	be	AUX
ftr-490	574	36	not	not	PART
ftr-490	574	37	taken	take	VERB
ftr-490	574	38	into	into	ADP
ftr-490	574	39	account	account	NOUN
ftr-490	574	40	in	in	ADP
ftr-490	574	41	determining	determine	VERB
ftr-490	574	42	the	the	DET
ftr-490	574	43	transferor	transferor	NOUN
ftr-490	574	44	's	's	PART
ftr-490	574	45	basis	basis	NOUN
ftr-490	574	46	for	for	ADP
ftr-490	574	47	such	such	ADJ
ftr-490	574	48	property	property	NOUN
ftr-490	574	49	.	.	PUNCT
ftr-490	574	50	"	"	PUNCT
ftr-490	574	51	)	)	PUNCT
ftr-490	574	52	.	.	PUNCT
ftr-490	575	1	this	this	DET
ftr-490	575	2	scenario	scenario	NOUN
ftr-490	575	3	arises	arise	VERB
ftr-490	575	4	,	,	PUNCT
ftr-490	575	5	for	for	ADP
ftr-490	575	6	example	example	NOUN
ftr-490	575	7	,	,	PUNCT
ftr-490	575	8	in	in	ADP
ftr-490	575	9	the	the	DET
ftr-490	575	10	case	case	NOUN
ftr-490	575	11	of	of	ADP
ftr-490	575	12	acquisition	acquisition	NOUN
ftr-490	575	13	nonrecourse	nonrecourse	NOUN
ftr-490	575	14	debt	debt	NOUN
ftr-490	575	15	that	that	PRON
ftr-490	575	16	is	be	AUX
ftr-490	575	17	so	so	ADV
ftr-490	575	18	inflated	inflated	ADJ
ftr-490	575	19	that	that	SCONJ
ftr-490	575	20	it	it	PRON
ftr-490	575	21	is	be	AUX
ftr-490	575	22	not	not	PART
ftr-490	575	23	considered	consider	VERB
ftr-490	575	24	a	a	DET
ftr-490	575	25	true	true	ADJ
ftr-490	575	26	liability	liability	NOUN
ftr-490	575	27	,	,	PUNCT
ftr-490	575	28	in	in	ADP
ftr-490	575	29	whole	whole	NOUN
ftr-490	575	30	or	or	CCONJ
ftr-490	575	31	in	in	ADP
ftr-490	575	32	part	part	NOUN
ftr-490	575	33	,	,	PUNCT
ftr-490	575	34	and	and	CCONJ
ftr-490	575	35	is	be	AUX
ftr-490	575	36	thus	thus	ADV
ftr-490	575	37	ignored	ignore	VERB
ftr-490	575	38	and	and	CCONJ
ftr-490	575	39	not	not	PART
ftr-490	575	40	included	include	VERB
ftr-490	575	41	in	in	ADP
ftr-490	575	42	basis	basis	NOUN
ftr-490	575	43	.	.	PUNCT
ftr-490	576	1	see	see	VERB
ftr-490	576	2	generally	generally	ADV
ftr-490	576	3	jensen	jensen	PROPN
ftr-490	576	4	1	1	NUM
ftr-490	576	5	,	,	PUNCT
ftr-490	576	6	supra	supra	PROPN
ftr-490	576	7	note	note	NOUN
ftr-490	576	8	21	21	NUM
ftr-490	576	9	(	(	PUNCT
ftr-490	576	10	discussing	discuss	VERB
ftr-490	576	11	the	the	DET
ftr-490	576	12	purchaser	purchaser	NOUN
ftr-490	576	13	's	's	PART
ftr-490	576	14	cost	cost	NOUN
ftr-490	576	15	basis	basis	NOUN
ftr-490	576	16	in	in	ADP
ftr-490	576	17	tufts	tuft	NOUN
ftr-490	576	18	)	)	PUNCT
ftr-490	576	19	.	.	PUNCT
ftr-490	577	1	77	77	NUM
ftr-490	577	2	.	.	PUNCT
ftr-490	578	1	see	see	VERB
ftr-490	578	2	woodsam	woodsam	PROPN
ftr-490	578	3	associates	associates	PROPN
ftr-490	578	4	,	,	PUNCT
ftr-490	578	5	inc	inc	PROPN
ftr-490	578	6	.	.	PROPN
ftr-490	579	1	v.	v.	PROPN
ftr-490	579	2	commissioner	commissioner	PROPN
ftr-490	579	3	,	,	PUNCT
ftr-490	579	4	198	198	NUM
ftr-490	579	5	f.2d	f.2d	ADP
ftr-490	579	6	357	357	NUM
ftr-490	579	7	(	(	PUNCT
ftr-490	579	8	2d	2d	NUM
ftr-490	579	9	cir	cir	NOUN
ftr-490	579	10	.	.	PROPN
ftr-490	579	11	1952	1952	NUM
ftr-490	579	12	)	)	PUNCT
ftr-490	580	1	(	(	PUNCT
ftr-490	580	2	holding	hold	VERB
ftr-490	580	3	that	that	PRON
ftr-490	580	4	after	after	ADP
ftr-490	580	5	-	-	PUNCT
ftr-490	580	6	acquired	acquire	VERB
ftr-490	580	7	debt	debt	NOUN
ftr-490	580	8	is	be	AUX
ftr-490	580	9	not	not	PART
ftr-490	580	10	included	include	VERB
ftr-490	580	11	in	in	ADP
ftr-490	580	12	basis	basis	NOUN
ftr-490	580	13	but	but	CCONJ
ftr-490	580	14	is	be	AUX
ftr-490	580	15	included	include	VERB
ftr-490	580	16	in	in	ADP
ftr-490	580	17	amount	amount	NOUN
ftr-490	580	18	realized	realize	VERB
ftr-490	580	19	upon	upon	SCONJ
ftr-490	580	20	disposition	disposition	NOUN
ftr-490	580	21	of	of	ADP
ftr-490	580	22	the	the	DET
ftr-490	580	23	property	property	NOUN
ftr-490	580	24	securing	secure	VERB
ftr-490	580	25	the	the	DET
ftr-490	580	26	debt	debt	NOUN
ftr-490	580	27	)	)	PUNCT
ftr-490	580	28	.	.	PUNCT
ftr-490	581	1	[	[	X
ftr-490	581	2	vol	vol	NOUN
ftr-490	581	3	1:3	1:3	NUM
ftr-490	581	4	tufts	tuft	NOUN
ftr-490	581	5	and	and	CCONJ
ftr-490	581	6	rhe	rhe	NOUN
ftr-490	581	7	erohtion	erohtion	NOUN
ftr-490	581	8	of	of	ADP
ftr-490	581	9	debt	debt	NOUN
ftr-490	581	10	-	-	PUNCT
ftr-490	581	11	discharge	discharge	NOUN
ftr-490	581	12	theory	theory	NOUN
ftr-490	581	13	just	just	ADV
ftr-490	581	14	as	as	SCONJ
ftr-490	581	15	failure	failure	NOUN
ftr-490	581	16	to	to	PART
ftr-490	581	17	include	include	VERB
ftr-490	581	18	debt	debt	NOUN
ftr-490	581	19	in	in	ADP
ftr-490	581	20	basis	basis	NOUN
ftr-490	581	21	does	do	AUX
ftr-490	581	22	not	not	PART
ftr-490	581	23	necessarily	necessarily	ADV
ftr-490	581	24	mean	mean	VERB
ftr-490	581	25	that	that	SCONJ
ftr-490	581	26	relief	relief	NOUN
ftr-490	581	27	from	from	ADP
ftr-490	581	28	indebtedness	indebtedness	NOUN
ftr-490	581	29	need	need	AUX
ftr-490	581	30	not	not	PART
ftr-490	581	31	be	be	AUX
ftr-490	581	32	included	include	VERB
ftr-490	581	33	in	in	ADP
ftr-490	581	34	amount	amount	NOUN
ftr-490	581	35	realized	realize	VERB
ftr-490	581	36	(	(	PUNCT
ftr-490	581	37	as	as	SCONJ
ftr-490	581	38	demonstrated	demonstrate	VERB
ftr-490	581	39	in	in	ADP
ftr-490	581	40	the	the	DET
ftr-490	581	41	hypothetical	hypothetical	ADJ
ftr-490	581	42	)	)	PUNCT
ftr-490	581	43	,	,	PUNCT
ftr-490	581	44	inclusion	inclusion	NOUN
ftr-490	581	45	of	of	ADP
ftr-490	581	46	the	the	DET
ftr-490	581	47	debt	debt	NOUN
ftr-490	581	48	in	in	ADP
ftr-490	581	49	basis	basis	NOUN
ftr-490	581	50	of	of	ADP
ftr-490	581	51	the	the	DET
ftr-490	581	52	property	property	NOUN
ftr-490	581	53	does	do	AUX
ftr-490	581	54	not	not	PART
ftr-490	581	55	by	by	ADP
ftr-490	581	56	that	that	DET
ftr-490	581	57	very	very	ADJ
ftr-490	581	58	fact	fact	NOUN
ftr-490	581	59	require	require	VERB
ftr-490	581	60	that	that	SCONJ
ftr-490	581	61	relief	relief	NOUN
ftr-490	581	62	from	from	ADP
ftr-490	581	63	the	the	DET
ftr-490	581	64	debt	debt	NOUN
ftr-490	581	65	in	in	ADP
ftr-490	581	66	excess	excess	NOUN
ftr-490	581	67	of	of	ADP
ftr-490	581	68	the	the	DET
ftr-490	581	69	property	property	NOUN
ftr-490	581	70	's	's	PART
ftr-490	581	71	value	value	NOUN
ftr-490	581	72	be	be	AUX
ftr-490	581	73	included	include	VERB
ftr-490	581	74	in	in	ADP
ftr-490	581	75	amount	amount	NOUN
ftr-490	581	76	realized	realize	VERB
ftr-490	581	77	as	as	SCONJ
ftr-490	581	78	opposed	oppose	VERB
ftr-490	581	79	to	to	ADP
ftr-490	581	80	being	be	AUX
ftr-490	581	81	analyzed	analyze	VERB
ftr-490	581	82	as	as	ADP
ftr-490	581	83	cod	cod	NOUN
ftr-490	581	84	income	income	NOUN
ftr-490	581	85	.	.	PUNCT
ftr-490	582	1	inclusion	inclusion	NOUN
ftr-490	582	2	of	of	ADP
ftr-490	582	3	the	the	DET
ftr-490	582	4	debt	debt	NOUN
ftr-490	582	5	in	in	ADP
ftr-490	582	6	basis	basis	NOUN
ftr-490	582	7	(	(	PUNCT
ftr-490	582	8	coupled	couple	VERB
ftr-490	582	9	with	with	ADP
ftr-490	582	10	excluding	exclude	VERB
ftr-490	582	11	the	the	DET
ftr-490	582	12	loan	loan	NOUN
ftr-490	582	13	proceeds	proceed	NOUN
ftr-490	582	14	from	from	ADP
ftr-490	582	15	gross	gross	ADJ
ftr-490	582	16	income	income	NOUN
ftr-490	582	17	in	in	ADP
ftr-490	582	18	the	the	DET
ftr-490	582	19	year	year	NOUN
ftr-490	582	20	the	the	DET
ftr-490	582	21	loan	loan	NOUN
ftr-490	582	22	was	be	AUX
ftr-490	582	23	incurred	incur	VERB
ftr-490	582	24	)	)	PUNCT
ftr-490	582	25	is	be	AUX
ftr-490	582	26	excellent	excellent	ADJ
ftr-490	582	27	evidence	evidence	NOUN
ftr-490	582	28	that	that	SCONJ
ftr-490	582	29	what	what	PRON
ftr-490	582	30	the	the	DET
ftr-490	582	31	taxpayer	taxpayer	NOUN
ftr-490	582	32	received	receive	VERB
ftr-490	582	33	in	in	ADP
ftr-490	582	34	the	the	DET
ftr-490	582	35	year	year	NOUN
ftr-490	582	36	the	the	DET
ftr-490	582	37	loan	loan	NOUN
ftr-490	582	38	proceeds	proceed	NOUN
ftr-490	582	39	were	be	AUX
ftr-490	582	40	received	receive	VERB
ftr-490	582	41	was	be	AUX
ftr-490	582	42	not	not	PART
ftr-490	582	43	an	an	DET
ftr-490	582	44	undeniable	undeniable	ADJ
ftr-490	582	45	accession	accession	NOUN
ftr-490	582	46	to	to	ADP
ftr-490	582	47	wealth	wealth	NOUN
ftr-490	582	48	over	over	ADP
ftr-490	582	49	which	which	PRON
ftr-490	582	50	the	the	DET
ftr-490	582	51	taxpayer	taxpayer	NOUN
ftr-490	582	52	had	have	VERB
ftr-490	582	53	complete	complete	ADJ
ftr-490	582	54	dominion	dominion	NOUN
ftr-490	582	55	but	but	CCONJ
ftr-490	582	56	rather	rather	ADV
ftr-490	582	57	a	a	DET
ftr-490	582	58	"	"	PUNCT
ftr-490	582	59	true	true	ADJ
ftr-490	582	60	loan	loan	NOUN
ftr-490	582	61	"	"	PUNCT
ftr-490	582	62	that	that	PRON
ftr-490	582	63	would	would	AUX
ftr-490	582	64	be	be	AUX
ftr-490	582	65	repaid	repay	VERB
ftr-490	582	66	in	in	ADP
ftr-490	582	67	full	full	ADJ
ftr-490	582	68	and	and	CCONJ
ftr-490	582	69	thus	thus	ADV
ftr-490	582	70	should	should	AUX
ftr-490	582	71	not	not	PART
ftr-490	582	72	be	be	AUX
ftr-490	582	73	taxed	tax	VERB
ftr-490	582	74	on	on	ADP
ftr-490	582	75	receipt.71	receipt.71	NOUN
ftr-490	582	76	when	when	SCONJ
ftr-490	582	77	that	that	DET
ftr-490	582	78	obligation	obligation	NOUN
ftr-490	582	79	to	to	PART
ftr-490	582	80	repay	repay	VERB
ftr-490	582	81	in	in	ADP
ftr-490	582	82	full	full	ADJ
ftr-490	582	83	disappears	disappear	NOUN
ftr-490	582	84	,	,	PUNCT
ftr-490	582	85	there	there	PRON
ftr-490	582	86	is	be	VERB
ftr-490	582	87	a	a	DET
ftr-490	582	88	taxable	taxable	ADJ
ftr-490	582	89	accession	accession	NOUN
ftr-490	582	90	to	to	ADP
ftr-490	582	91	wealth.7	wealth.7	VERB
ftr-490	582	92	"	"	PUNCT
ftr-490	582	93	whether	whether	SCONJ
ftr-490	582	94	that	that	DET
ftr-490	582	95	taxable	taxable	ADJ
ftr-490	582	96	accession	accession	NOUN
ftr-490	582	97	to	to	ADP
ftr-490	582	98	wealth	wealth	NOUN
ftr-490	582	99	should	should	AUX
ftr-490	582	100	be	be	AUX
ftr-490	582	101	analyzed	analyze	VERB
ftr-490	582	102	as	as	SCONJ
ftr-490	582	103	amount	amount	NOUN
ftr-490	582	104	realized	realize	VERB
ftr-490	582	105	or	or	CCONJ
ftr-490	582	106	cod	cod	NOUN
ftr-490	582	107	income	income	NOUN
ftr-490	582	108	is	be	AUX
ftr-490	582	109	not	not	PART
ftr-490	582	110	answered	answer	VERB
ftr-490	582	111	by	by	ADP
ftr-490	582	112	discussing	discuss	VERB
ftr-490	582	113	any	any	DET
ftr-490	582	114	"	"	PUNCT
ftr-490	582	115	functional	functional	ADJ
ftr-490	582	116	relation	relation	NOUN
ftr-490	582	117	"	"	PUNCT
ftr-490	582	118	between	between	ADP
ftr-490	582	119	basis	basis	NOUN
ftr-490	582	120	and	and	CCONJ
ftr-490	582	121	amount	amount	NOUN
ftr-490	582	122	realized	realize	VERB
ftr-490	582	123	in	in	ADP
ftr-490	582	124	cases	case	NOUN
ftr-490	582	125	in	in	ADP
ftr-490	582	126	which	which	PRON
ftr-490	582	127	debt	debt	NOUN
ftr-490	582	128	is	be	AUX
ftr-490	582	129	discharged	discharge	VERB
ftr-490	582	130	on	on	ADP
ftr-490	582	131	a	a	DET
ftr-490	582	132	transfer	transfer	NOUN
ftr-490	582	133	of	of	ADP
ftr-490	582	134	property	property	NOUN
ftr-490	582	135	worth	worth	ADJ
ftr-490	582	136	less	less	ADJ
ftr-490	582	137	than	than	ADP
ftr-490	582	138	the	the	DET
ftr-490	582	139	debt	debt	NOUN
ftr-490	582	140	.	.	PUNCT
ftr-490	583	1	b.	b.	PROPN
ftr-490	583	2	footnote	footnote	VERB
ftr-490	583	3	11	11	NUM
ftr-490	583	4	of	of	ADP
ftr-490	583	5	tufts	tuft	NOUN
ftr-490	583	6	the	the	DET
ftr-490	583	7	tufts	tufts	NOUN
ftr-490	583	8	court	court	NOUN
ftr-490	583	9	,	,	PUNCT
ftr-490	583	10	in	in	ADP
ftr-490	583	11	footnote	footnote	PROPN
ftr-490	583	12	i1	i1	PROPN
ftr-490	583	13	,	,	PUNCT
ftr-490	583	14	expressed	express	VERB
ftr-490	583	15	other	other	ADJ
ftr-490	583	16	misgivings	misgiving	NOUN
ftr-490	583	17	about	about	ADP
ftr-490	583	18	characterizing	characterize	VERB
ftr-490	583	19	the	the	DET
ftr-490	583	20	debt	debt	NOUN
ftr-490	583	21	relief	relief	NOUN
ftr-490	583	22	in	in	ADP
ftr-490	583	23	excess	excess	NOUN
ftr-490	583	24	of	of	ADP
ftr-490	583	25	the	the	DET
ftr-490	583	26	property	property	NOUN
ftr-490	583	27	's	's	PART
ftr-490	583	28	value	value	NOUN
ftr-490	583	29	as	as	ADP
ftr-490	583	30	cod	cod	NOUN
ftr-490	583	31	income	income	NOUN
ftr-490	583	32	.	.	PUNCT
ftr-490	584	1	we	we	PRON
ftr-490	584	2	are	be	AUX
ftr-490	584	3	not	not	PART
ftr-490	584	4	presented	present	VERB
ftr-490	584	5	with	with	ADP
ftr-490	584	6	and	and	CCONJ
ftr-490	584	7	do	do	AUX
ftr-490	584	8	not	not	PART
ftr-490	584	9	decide	decide	VERB
ftr-490	584	10	the	the	DET
ftr-490	584	11	contours	contours	NOUN
ftr-490	584	12	of	of	ADP
ftr-490	584	13	the	the	DET
ftr-490	584	14	cancellation	cancellation	NOUN
ftr-490	584	15	-	-	PUNCT
ftr-490	584	16	of	of	ADP
ftr-490	584	17	-	-	PUNCT
ftr-490	584	18	indebtedness	indebtedness	NOUN
ftr-490	584	19	doctrine	doctrine	NOUN
ftr-490	584	20	.	.	PUNCT
ftr-490	585	1	we	we	PRON
ftr-490	585	2	note	note	VERB
ftr-490	585	3	only	only	ADV
ftr-490	585	4	that	that	SCONJ
ftr-490	585	5	our	our	PRON
ftr-490	585	6	approach	approach	NOUN
ftr-490	585	7	does	do	AUX
ftr-490	585	8	not	not	PART
ftr-490	585	9	fall	fall	VERB
ftr-490	585	10	within	within	ADP
ftr-490	585	11	certain	certain	ADJ
ftr-490	585	12	prior	prior	ADJ
ftr-490	585	13	interpretations	interpretation	NOUN
ftr-490	585	14	of	of	ADP
ftr-490	585	15	that	that	DET
ftr-490	585	16	doctrine	doctrine	NOUN
ftr-490	585	17	.	.	PUNCT
ftr-490	586	1	in	in	ADP
ftr-490	586	2	one	one	NUM
ftr-490	586	3	view	view	NOUN
ftr-490	586	4	,	,	PUNCT
ftr-490	586	5	the	the	DET
ftr-490	586	6	doctrine	doctrine	NOUN
ftr-490	586	7	rests	rest	VERB
ftr-490	586	8	on	on	ADP
ftr-490	586	9	the	the	DET
ftr-490	586	10	same	same	ADJ
ftr-490	586	11	initial	initial	ADJ
ftr-490	586	12	premise	premise	NOUN
ftr-490	586	13	as	as	ADP
ftr-490	586	14	our	our	PRON
ftr-490	586	15	analysis	analysis	NOUN
ftr-490	586	16	here	here	ADV
ftr-490	586	17	-	-	PUNCT
ftr-490	586	18	an	an	DET
ftr-490	586	19	obligation	obligation	NOUN
ftr-490	586	20	to	to	ADP
ftr-490	586	21	re78	re78	PROPN
ftr-490	586	22	.	.	PUNCT
ftr-490	587	1	if	if	SCONJ
ftr-490	587	2	property	property	NOUN
ftr-490	587	3	is	be	AUX
ftr-490	587	4	personal	personal	ADJ
ftr-490	587	5	-	-	PUNCT
ftr-490	587	6	use	use	NOUN
ftr-490	587	7	property	property	NOUN
ftr-490	587	8	on	on	ADP
ftr-490	587	9	which	which	PRON
ftr-490	587	10	no	no	DET
ftr-490	587	11	depreciation	depreciation	NOUN
ftr-490	587	12	deductions	deduction	NOUN
ftr-490	587	13	are	be	AUX
ftr-490	587	14	allowable	allowable	ADJ
ftr-490	587	15	under	under	ADP
ftr-490	587	16	section	section	NOUN
ftr-490	587	17	167(a	167(a	NUM
ftr-490	587	18	)	)	PUNCT
ftr-490	587	19	,	,	PUNCT
ftr-490	587	20	inclusion	inclusion	NOUN
ftr-490	587	21	of	of	ADP
ftr-490	587	22	the	the	DET
ftr-490	587	23	debt	debt	NOUN
ftr-490	587	24	in	in	ADP
ftr-490	587	25	basis	basis	NOUN
ftr-490	587	26	will	will	AUX
ftr-490	587	27	not	not	PART
ftr-490	587	28	provide	provide	VERB
ftr-490	587	29	immediate	immediate	ADJ
ftr-490	587	30	tax	tax	NOUN
ftr-490	587	31	benefits	benefit	NOUN
ftr-490	587	32	to	to	ADP
ftr-490	587	33	the	the	DET
ftr-490	587	34	taxpayer	taxpayer	NOUN
ftr-490	587	35	.	.	PUNCT
ftr-490	588	1	but	but	CCONJ
ftr-490	588	2	the	the	DET
ftr-490	588	3	taking	taking	NOUN
ftr-490	588	4	of	of	ADP
ftr-490	588	5	depreciation	depreciation	NOUN
ftr-490	588	6	deductions	deduction	NOUN
ftr-490	588	7	is	be	AUX
ftr-490	588	8	not	not	PART
ftr-490	588	9	a	a	DET
ftr-490	588	10	prerequisite	prerequisite	NOUN
ftr-490	588	11	to	to	ADP
ftr-490	588	12	the	the	DET
ftr-490	588	13	symmetry	symmetry	NOUN
ftr-490	588	14	argument	argument	NOUN
ftr-490	588	15	for	for	ADP
ftr-490	588	16	rationalizing	rationalize	VERB
ftr-490	588	17	the	the	DET
ftr-490	588	18	taxation	taxation	NOUN
ftr-490	588	19	of	of	ADP
ftr-490	588	20	cod	cod	NOUN
ftr-490	588	21	income	income	NOUN
ftr-490	588	22	.	.	PUNCT
ftr-490	589	1	the	the	DET
ftr-490	589	2	exclusion	exclusion	NOUN
ftr-490	589	3	of	of	ADP
ftr-490	589	4	the	the	DET
ftr-490	589	5	proceeds	proceed	NOUN
ftr-490	589	6	of	of	ADP
ftr-490	589	7	the	the	DET
ftr-490	589	8	acquisition	acquisition	NOUN
ftr-490	589	9	indebtedness	indebtedness	NOUN
ftr-490	589	10	from	from	ADP
ftr-490	589	11	gross	gross	ADJ
ftr-490	589	12	income	income	NOUN
ftr-490	589	13	is	be	AUX
ftr-490	589	14	alone	alone	ADJ
ftr-490	589	15	evidence	evidence	NOUN
ftr-490	589	16	enough	enough	ADV
ftr-490	589	17	of	of	ADP
ftr-490	589	18	the	the	DET
ftr-490	589	19	receipt	receipt	NOUN
ftr-490	589	20	of	of	ADP
ftr-490	589	21	the	the	DET
ftr-490	589	22	tax	tax	NOUN
ftr-490	589	23	-	-	PUNCT
ftr-490	589	24	free	free	ADJ
ftr-490	589	25	loan	loan	NOUN
ftr-490	589	26	proceeds	proceed	NOUN
ftr-490	589	27	.	.	PUNCT
ftr-490	590	1	absent	absent	ADJ
ftr-490	590	2	the	the	DET
ftr-490	590	3	debt	debt	NOUN
ftr-490	590	4	,	,	PUNCT
ftr-490	590	5	the	the	DET
ftr-490	590	6	personal	personal	ADJ
ftr-490	590	7	-	-	PUNCT
ftr-490	590	8	use	use	NOUN
ftr-490	590	9	asset	asset	NOUN
ftr-490	590	10	would	would	AUX
ftr-490	590	11	have	have	AUX
ftr-490	590	12	been	be	AUX
ftr-490	590	13	purchased	purchase	VERB
ftr-490	590	14	with	with	ADP
ftr-490	590	15	after	after	ADP
ftr-490	590	16	-	-	PUNCT
ftr-490	590	17	tax	tax	NOUN
ftr-490	590	18	dollars	dollar	NOUN
ftr-490	590	19	.	.	PUNCT
ftr-490	591	1	cancellation	cancellation	NOUN
ftr-490	591	2	of	of	ADP
ftr-490	591	3	the	the	DET
ftr-490	591	4	debt	debt	NOUN
ftr-490	591	5	without	without	ADP
ftr-490	591	6	taxation	taxation	NOUN
ftr-490	591	7	,	,	PUNCT
ftr-490	591	8	even	even	ADV
ftr-490	591	9	absent	absent	ADJ
ftr-490	591	10	tax	tax	NOUN
ftr-490	591	11	benefits	benefit	NOUN
ftr-490	591	12	such	such	ADJ
ftr-490	591	13	as	as	ADP
ftr-490	591	14	depreciation	depreciation	NOUN
ftr-490	591	15	deductions	deduction	NOUN
ftr-490	591	16	based	base	VERB
ftr-490	591	17	on	on	ADP
ftr-490	591	18	basis	basis	NOUN
ftr-490	591	19	,	,	PUNCT
ftr-490	591	20	is	be	AUX
ftr-490	591	21	nevertheless	nevertheless	ADV
ftr-490	591	22	inconsistent	inconsistent	ADJ
ftr-490	591	23	with	with	ADP
ftr-490	591	24	the	the	DET
ftr-490	591	25	prior	prior	ADJ
ftr-490	591	26	exclusion	exclusion	NOUN
ftr-490	591	27	from	from	ADP
ftr-490	591	28	gross	gross	ADJ
ftr-490	591	29	income	income	NOUN
ftr-490	591	30	.	.	PUNCT
ftr-490	592	1	the	the	DET
ftr-490	592	2	loan	loan	NOUN
ftr-490	592	3	was	be	AUX
ftr-490	592	4	never	never	ADV
ftr-490	592	5	repaid	repay	VERB
ftr-490	592	6	with	with	ADP
ftr-490	592	7	after	after	ADP
ftr-490	592	8	-	-	PUNCT
ftr-490	592	9	tax	tax	NOUN
ftr-490	592	10	dollars	dollar	NOUN
ftr-490	592	11	;	;	PUNCT
ftr-490	592	12	thus	thus	ADV
ftr-490	592	13	,	,	PUNCT
ftr-490	592	14	the	the	DET
ftr-490	592	15	tax	tax	NOUN
ftr-490	592	16	-	-	PUNCT
ftr-490	592	17	free	free	ADJ
ftr-490	592	18	consumption	consumption	NOUN
ftr-490	592	19	of	of	ADP
ftr-490	592	20	the	the	DET
ftr-490	592	21	personal	personal	ADJ
ftr-490	592	22	-	-	PUNCT
ftr-490	592	23	use	use	NOUN
ftr-490	592	24	asset	asset	NOUN
ftr-490	592	25	purchased	purchase	VERB
ftr-490	592	26	with	with	ADP
ftr-490	592	27	the	the	DET
ftr-490	592	28	debt	debt	NOUN
ftr-490	592	29	is	be	AUX
ftr-490	592	30	inconsistent	inconsistent	ADJ
ftr-490	592	31	with	with	ADP
ftr-490	592	32	the	the	DET
ftr-490	592	33	prior	prior	ADJ
ftr-490	592	34	exclusion	exclusion	NOUN
ftr-490	592	35	.	.	PUNCT
ftr-490	593	1	it	it	PRON
ftr-490	593	2	results	result	VERB
ftr-490	593	3	in	in	ADP
ftr-490	593	4	personal	personal	ADJ
ftr-490	593	5	consumption	consumption	NOUN
ftr-490	593	6	with	with	ADP
ftr-490	593	7	before	before	ADP
ftr-490	593	8	-	-	PUNCT
ftr-490	593	9	tax	tax	NOUN
ftr-490	593	10	dollars	dollar	NOUN
ftr-490	593	11	.	.	PUNCT
ftr-490	594	1	see	see	VERB
ftr-490	594	2	chirelstein	chirelstein	PROPN
ftr-490	594	3	,	,	PUNCT
ftr-490	594	4	supra	supra	PROPN
ftr-490	594	5	note	note	PROPN
ftr-490	594	6	52	52	NUM
ftr-490	594	7	,	,	PUNCT
ftr-490	594	8	at	at	ADP
ftr-490	594	9	55	55	NUM
ftr-490	594	10	-	-	SYM
ftr-490	594	11	56	56	NUM
ftr-490	594	12	.	.	PUNCT
ftr-490	595	1	the	the	DET
ftr-490	595	2	mechanism	mechanism	NOUN
ftr-490	595	3	for	for	ADP
ftr-490	595	4	taxing	tax	VERB
ftr-490	595	5	that	that	DET
ftr-490	595	6	consumption	consumption	NOUN
ftr-490	595	7	should	should	AUX
ftr-490	595	8	be	be	AUX
ftr-490	595	9	section	section	NOUN
ftr-490	595	10	61(a)(12	61(a)(12	NUM
ftr-490	595	11	)	)	PUNCT
ftr-490	595	12	.	.	PUNCT
ftr-490	596	1	see	see	VERB
ftr-490	596	2	infra	infra	NOUN
ftr-490	596	3	notes	note	VERB
ftr-490	596	4	191	191	NUM
ftr-490	596	5	-	-	SYM
ftr-490	596	6	98	98	NUM
ftr-490	596	7	and	and	CCONJ
ftr-490	596	8	accompanying	accompany	VERB
ftr-490	596	9	text	text	NOUN
ftr-490	596	10	(	(	PUNCT
ftr-490	596	11	discussing	discuss	VERB
ftr-490	596	12	in	in	ADP
ftr-490	596	13	more	more	ADJ
ftr-490	596	14	detail	detail	NOUN
ftr-490	596	15	the	the	DET
ftr-490	596	16	intersection	intersection	NOUN
ftr-490	596	17	of	of	ADP
ftr-490	596	18	personal	personal	ADJ
ftr-490	596	19	-	-	PUNCT
ftr-490	596	20	use	use	NOUN
ftr-490	596	21	property	property	NOUN
ftr-490	596	22	with	with	ADP
ftr-490	596	23	the	the	DET
ftr-490	596	24	dichotomy	dichotomy	NOUN
ftr-490	596	25	that	that	PRON
ftr-490	596	26	is	be	AUX
ftr-490	596	27	the	the	DET
ftr-490	596	28	subject	subject	NOUN
ftr-490	596	29	of	of	ADP
ftr-490	596	30	this	this	DET
ftr-490	596	31	article	article	NOUN
ftr-490	596	32	)	)	PUNCT
ftr-490	596	33	.	.	PUNCT
ftr-490	597	1	79	79	NUM
ftr-490	597	2	.	.	PUNCT
ftr-490	598	1	see	see	VERB
ftr-490	598	2	discussion	discussion	NOUN
ftr-490	598	3	supra	supra	PROPN
ftr-490	598	4	note	note	PROPN
ftr-490	598	5	8	8	NUM
ftr-490	598	6	and	and	CCONJ
ftr-490	598	7	infra	infra	NOUN
ftr-490	598	8	notes	note	VERB
ftr-490	598	9	80	80	NUM
ftr-490	598	10	-	-	SYM
ftr-490	598	11	117	117	NUM
ftr-490	598	12	and	and	CCONJ
ftr-490	598	13	accompanying	accompany	VERB
ftr-490	598	14	text	text	NOUN
ftr-490	598	15	(	(	PUNCT
ftr-490	598	16	discussing	discuss	VERB
ftr-490	598	17	in	in	ADP
ftr-490	598	18	more	more	ADJ
ftr-490	598	19	detail	detail	NOUN
ftr-490	598	20	the	the	DET
ftr-490	598	21	rationale	rationale	NOUN
ftr-490	598	22	underlying	underlie	VERB
ftr-490	598	23	the	the	DET
ftr-490	598	24	taxation	taxation	NOUN
ftr-490	598	25	of	of	ADP
ftr-490	598	26	cod	cod	NOUN
ftr-490	598	27	income	income	NOUN
ftr-490	598	28	)	)	PUNCT
ftr-490	598	29	.	.	PUNCT
ftr-490	599	1	19921	19921	NUM
ftr-490	599	2	florida	florida	PROPN
ftr-490	599	3	tax	tax	NOUN
ftr-490	599	4	review	review	NOUN
ftr-490	599	5	pay	pay	NOUN
ftr-490	599	6	-	-	PUNCT
ftr-490	599	7	but	but	CCONJ
ftr-490	599	8	the	the	DET
ftr-490	599	9	doctrine	doctrine	NOUN
ftr-490	599	10	relies	rely	VERB
ftr-490	599	11	on	on	ADP
ftr-490	599	12	a	a	DET
ftr-490	599	13	freeing	free	VERB
ftr-490	599	14	-	-	PUNCT
ftr-490	599	15	of	of	ADP
ftr-490	599	16	-	-	PUNCT
ftr-490	599	17	assets	asset	NOUN
ftr-490	599	18	theory	theory	NOUN
ftr-490	599	19	to	to	PART
ftr-490	599	20	attribute	attribute	VERB
ftr-490	599	21	ordinary	ordinary	ADJ
ftr-490	599	22	income	income	NOUN
ftr-490	599	23	to	to	ADP
ftr-490	599	24	the	the	DET
ftr-490	599	25	debtor	debtor	NOUN
ftr-490	599	26	upon	upon	SCONJ
ftr-490	599	27	cancellation	cancellation	NOUN
ftr-490	599	28	.	.	PUNCT
ftr-490	600	1	according	accord	VERB
ftr-490	600	2	to	to	ADP
ftr-490	600	3	that	that	DET
ftr-490	600	4	view	view	NOUN
ftr-490	600	5	,	,	PUNCT
ftr-490	600	6	when	when	SCONJ
ftr-490	600	7	nonrecourse	nonrecourse	NOUN
ftr-490	600	8	debt	debt	NOUN
ftr-490	600	9	is	be	AUX
ftr-490	600	10	forgiven	forgive	VERB
ftr-490	600	11	,	,	PUNCT
ftr-490	600	12	the	the	DET
ftr-490	600	13	debtor	debtor	NOUN
ftr-490	600	14	's	's	PART
ftr-490	600	15	basis	basis	NOUN
ftr-490	600	16	in	in	ADP
ftr-490	600	17	the	the	DET
ftr-490	600	18	securing	securing	NOUN
ftr-490	600	19	property	property	NOUN
ftr-490	600	20	is	be	AUX
ftr-490	600	21	reduced	reduce	VERB
ftr-490	600	22	by	by	ADP
ftr-490	600	23	the	the	DET
ftr-490	600	24	amount	amount	NOUN
ftr-490	600	25	of	of	ADP
ftr-490	600	26	debt	debt	NOUN
ftr-490	600	27	canceled	cancel	VERB
ftr-490	600	28	,	,	PUNCT
ftr-490	600	29	and	and	CCONJ
ftr-490	600	30	realization	realization	NOUN
ftr-490	600	31	of	of	ADP
ftr-490	600	32	income	income	NOUN
ftr-490	600	33	is	be	AUX
ftr-490	600	34	deferred	defer	VERB
ftr-490	600	35	until	until	ADP
ftr-490	600	36	the	the	DET
ftr-490	600	37	sale	sale	NOUN
ftr-490	600	38	of	of	ADP
ftr-490	600	39	the	the	DET
ftr-490	600	40	property	property	NOUN
ftr-490	600	41	.	.	PUNCT
ftr-490	601	1	see	see	VERB
ftr-490	601	2	fulton	fulton	PROPN
ftr-490	601	3	gold	gold	PROPN
ftr-490	601	4	corp	corp	PROPN
ftr-490	601	5	.	.	PROPN
ftr-490	602	1	v.	v.	PROPN
ftr-490	602	2	commissioner	commissioner	PROPN
ftr-490	602	3	,	,	PUNCT
ftr-490	602	4	31	31	NUM
ftr-490	602	5	b.t.a	b.t.a	NOUN
ftr-490	602	6	.	.	PROPN
ftr-490	602	7	519	519	NUM
ftr-490	602	8	,	,	PUNCT
ftr-490	602	9	520	520	NUM
ftr-490	602	10	(	(	PUNCT
ftr-490	602	11	1934	1934	NUM
ftr-490	602	12	)	)	PUNCT
ftr-490	603	1	....	....	PUNCT
ftr-490	604	1	[	[	X
ftr-490	604	2	i]f	i]f	ADP
ftr-490	604	3	the	the	DET
ftr-490	604	4	nonrecourse	nonrecourse	NOUN
ftr-490	604	5	indebtedness	indebtedness	NOUN
ftr-490	604	6	exceeds	exceed	VERB
ftr-490	604	7	the	the	DET
ftr-490	604	8	value	value	NOUN
ftr-490	604	9	of	of	ADP
ftr-490	604	10	the	the	DET
ftr-490	604	11	securing	securing	NOUN
ftr-490	604	12	property	property	NOUN
ftr-490	604	13	,	,	PUNCT
ftr-490	604	14	the	the	DET
ftr-490	604	15	taxpayer	taxpayer	NOUN
ftr-490	604	16	never	never	ADV
ftr-490	604	17	realizes	realize	VERB
ftr-490	604	18	the	the	DET
ftr-490	604	19	full	full	ADJ
ftr-490	604	20	amount	amount	NOUN
ftr-490	604	21	of	of	ADP
ftr-490	604	22	the	the	DET
ftr-490	604	23	obligation	obligation	NOUN
ftr-490	604	24	canceled	cancel	VERB
ftr-490	604	25	because	because	SCONJ
ftr-490	604	26	the	the	DET
ftr-490	604	27	tax	tax	NOUN
ftr-490	604	28	law	law	NOUN
ftr-490	604	29	has	have	AUX
ftr-490	604	30	not	not	PART
ftr-490	604	31	recognized	recognize	VERB
ftr-490	604	32	negative	negative	ADJ
ftr-490	604	33	basis	basis	NOUN
ftr-490	604	34	.	.	PUNCT
ftr-490	605	1	although	although	SCONJ
ftr-490	605	2	the	the	DET
ftr-490	605	3	economic	economic	ADJ
ftr-490	605	4	benefit	benefit	NOUN
ftr-490	605	5	prong	prong	NOUN
ftr-490	605	6	of	of	ADP
ftr-490	605	7	crane	crane	NOUN
ftr-490	605	8	also	also	ADV
ftr-490	605	9	relies	rely	VERB
ftr-490	605	10	on	on	ADP
ftr-490	605	11	a	a	DET
ftr-490	605	12	freeing	free	VERB
ftr-490	605	13	-	-	PUNCT
ftr-490	605	14	of	of	ADP
ftr-490	605	15	-	-	PUNCT
ftr-490	605	16	assets	asset	NOUN
ftr-490	605	17	theory	theory	NOUN
ftr-490	605	18	,	,	PUNCT
ftr-490	605	19	that	that	DET
ftr-490	605	20	theory	theory	NOUN
ftr-490	605	21	is	be	AUX
ftr-490	605	22	irrelevant	irrelevant	ADJ
ftr-490	605	23	to	to	ADP
ftr-490	605	24	our	our	PRON
ftr-490	605	25	broader	broad	ADJ
ftr-490	605	26	approach	approach	NOUN
ftr-490	605	27	.	.	PUNCT
ftr-490	606	1	in	in	ADP
ftr-490	606	2	the	the	DET
ftr-490	606	3	context	context	NOUN
ftr-490	606	4	of	of	ADP
ftr-490	606	5	a	a	DET
ftr-490	606	6	sale	sale	NOUN
ftr-490	606	7	or	or	CCONJ
ftr-490	606	8	disposition	disposition	NOUN
ftr-490	606	9	of	of	ADP
ftr-490	606	10	property	property	NOUN
ftr-490	606	11	under	under	ADP
ftr-490	606	12	§	§	PROPN
ftr-490	606	13	1001	1001	NUM
ftr-490	606	14	,	,	PUNCT
ftr-490	606	15	the	the	DET
ftr-490	606	16	extinguishment	extinguishment	NOUN
ftr-490	606	17	of	of	ADP
ftr-490	606	18	the	the	DET
ftr-490	606	19	obligation	obligation	NOUN
ftr-490	606	20	to	to	PART
ftr-490	606	21	repay	repay	VERB
ftr-490	606	22	is	be	AUX
ftr-490	606	23	not	not	PART
ftr-490	606	24	ordinary	ordinary	ADJ
ftr-490	606	25	income	income	NOUN
ftr-490	606	26	;	;	PUNCT
ftr-490	606	27	instead	instead	ADV
ftr-490	606	28	,	,	PUNCT
ftr-490	606	29	the	the	DET
ftr-490	606	30	amount	amount	NOUN
ftr-490	606	31	of	of	ADP
ftr-490	606	32	the	the	DET
ftr-490	606	33	canceled	cancel	VERB
ftr-490	606	34	debt	debt	NOUN
ftr-490	606	35	is	be	AUX
ftr-490	606	36	included	include	VERB
ftr-490	606	37	in	in	ADP
ftr-490	606	38	the	the	DET
ftr-490	606	39	amount	amount	NOUN
ftr-490	606	40	realized	realize	VERB
ftr-490	606	41	,	,	PUNCT
ftr-490	606	42	and	and	CCONJ
ftr-490	606	43	enters	enter	VERB
ftr-490	606	44	into	into	ADP
ftr-490	606	45	the	the	DET
ftr-490	606	46	computation	computation	NOUN
ftr-490	606	47	of	of	ADP
ftr-490	606	48	gain	gain	NOUN
ftr-490	606	49	or	or	CCONJ
ftr-490	606	50	loss	loss	NOUN
ftr-490	606	51	on	on	ADP
ftr-490	606	52	the	the	DET
ftr-490	606	53	disposition	disposition	NOUN
ftr-490	606	54	of	of	ADP
ftr-490	606	55	the	the	DET
ftr-490	606	56	property	property	NOUN
ftr-490	606	57	.	.	PUNCT
ftr-490	607	1	according	accord	VERB
ftr-490	607	2	to	to	ADP
ftr-490	607	3	crane	crane	NOUN
ftr-490	607	4	,	,	PUNCT
ftr-490	607	5	this	this	DET
ftr-490	607	6	treatment	treatment	NOUN
ftr-490	607	7	is	be	AUX
ftr-490	607	8	no	no	ADV
ftr-490	607	9	different	different	ADJ
ftr-490	607	10	when	when	SCONJ
ftr-490	607	11	the	the	DET
ftr-490	607	12	obligation	obligation	NOUN
ftr-490	607	13	is	be	AUX
ftr-490	607	14	nonrecourse	nonrecourse	ADJ
ftr-490	607	15	:	:	PUNCT
ftr-490	607	16	the	the	DET
ftr-490	607	17	basis	basis	NOUN
ftr-490	607	18	is	be	AUX
ftr-490	607	19	not	not	PART
ftr-490	607	20	reduced	reduce	VERB
ftr-490	607	21	as	as	ADP
ftr-490	607	22	in	in	ADP
ftr-490	607	23	the	the	DET
ftr-490	607	24	cancellation	cancellation	NOUN
ftr-490	607	25	-	-	PUNCT
ftr-490	607	26	of	of	ADP
ftr-490	607	27	-	-	PUNCT
ftr-490	607	28	indebtedness	indebtedness	NOUN
ftr-490	607	29	context	context	NOUN
ftr-490	607	30	,	,	PUNCT
ftr-490	607	31	and	and	CCONJ
ftr-490	607	32	the	the	DET
ftr-490	607	33	full	full	ADJ
ftr-490	607	34	value	value	NOUN
ftr-490	607	35	of	of	ADP
ftr-490	607	36	the	the	DET
ftr-490	607	37	outstanding	outstanding	ADJ
ftr-490	607	38	liability	liability	NOUN
ftr-490	607	39	is	be	AUX
ftr-490	607	40	included	include	VERB
ftr-490	607	41	in	in	ADP
ftr-490	607	42	the	the	DET
ftr-490	607	43	amount	amount	NOUN
ftr-490	607	44	realized	realize	VERB
ftr-490	607	45	.	.	PUNCT
ftr-490	608	1	thus	thus	ADV
ftr-490	608	2	,	,	PUNCT
ftr-490	608	3	the	the	DET
ftr-490	608	4	problem	problem	NOUN
ftr-490	608	5	of	of	ADP
ftr-490	608	6	negative	negative	ADJ
ftr-490	608	7	basis	basis	NOUN
ftr-490	608	8	is	be	AUX
ftr-490	608	9	avoided.8	avoided.8	PROPN
ftr-490	608	10	"	"	PUNCT
ftr-490	608	11	these	these	DET
ftr-490	608	12	misgivings	misgiving	NOUN
ftr-490	608	13	are	be	AUX
ftr-490	608	14	premised	premise	VERB
ftr-490	608	15	both	both	CCONJ
ftr-490	608	16	on	on	ADP
ftr-490	608	17	outmoded	outmoded	ADJ
ftr-490	608	18	theory	theory	NOUN
ftr-490	608	19	and	and	CCONJ
ftr-490	608	20	an	an	DET
ftr-490	608	21	outmoded	outmoded	ADJ
ftr-490	608	22	case	case	NOUN
ftr-490	608	23	and	and	CCONJ
ftr-490	608	24	thus	thus	ADV
ftr-490	608	25	should	should	AUX
ftr-490	608	26	not	not	PART
ftr-490	608	27	be	be	AUX
ftr-490	608	28	viewed	view	VERB
ftr-490	608	29	as	as	ADP
ftr-490	608	30	theoretical	theoretical	ADJ
ftr-490	608	31	constraints	constraint	NOUN
ftr-490	608	32	against	against	ADP
ftr-490	608	33	discarding	discard	VERB
ftr-490	608	34	the	the	DET
ftr-490	608	35	collapsed	collapse	VERB
ftr-490	608	36	approach	approach	NOUN
ftr-490	608	37	.	.	PUNCT
ftr-490	609	1	1	1	X
ftr-490	609	2	.	.	X
ftr-490	609	3	the	the	DET
ftr-490	609	4	outmoded	outmoded	ADJ
ftr-490	609	5	theory.-the	theory.-the	NOUN
ftr-490	609	6	outmoded	outmoded	ADJ
ftr-490	609	7	theory	theory	NOUN
ftr-490	609	8	is	be	AUX
ftr-490	609	9	the	the	DET
ftr-490	609	10	freeing	free	VERB
ftr-490	609	11	-	-	PUNCT
ftr-490	609	12	up	up	ADP
ftr-490	609	13	-	-	PUNCT
ftr-490	609	14	ofassets	ofasset	NOUN
ftr-490	609	15	rationale	rationale	NOUN
ftr-490	609	16	enunciated	enunciate	VERB
ftr-490	609	17	by	by	ADP
ftr-490	609	18	justice	justice	PROPN
ftr-490	609	19	holmes	holmes	PROPN
ftr-490	609	20	in	in	ADP
ftr-490	609	21	united	united	PROPN
ftr-490	609	22	states	states	PROPN
ftr-490	609	23	v.	v.	PROPN
ftr-490	609	24	kirby	kirby	PROPN
ftr-490	609	25	lumber8l	lumber8l	PROPN
ftr-490	609	26	as	as	ADP
ftr-490	609	27	the	the	DET
ftr-490	609	28	rationale	rationale	NOUN
ftr-490	609	29	justifying	justify	VERB
ftr-490	609	30	the	the	DET
ftr-490	609	31	realization	realization	NOUN
ftr-490	609	32	of	of	ADP
ftr-490	609	33	cod	cod	NOUN
ftr-490	609	34	income	income	NOUN
ftr-490	609	35	.	.	PUNCT
ftr-490	610	1	as	as	SCONJ
ftr-490	610	2	discussed	discuss	VERB
ftr-490	610	3	previously,82	previously,82	NOUN
ftr-490	610	4	that	that	PRON
ftr-490	610	5	rationale	rationale	VERB
ftr-490	610	6	no	no	ADV
ftr-490	610	7	longer	long	ADV
ftr-490	610	8	holds	hold	VERB
ftr-490	610	9	sway	sway	NOUN
ftr-490	610	10	.	.	PUNCT
ftr-490	611	1	if	if	SCONJ
ftr-490	611	2	it	it	PRON
ftr-490	611	3	did	do	VERB
ftr-490	611	4	,	,	PUNCT
ftr-490	611	5	insolvent	insolvent	ADJ
ftr-490	611	6	debtors	debtor	NOUN
ftr-490	611	7	not	not	PART
ftr-490	611	8	made	make	VERB
ftr-490	611	9	solvent	solvent	NOUN
ftr-490	611	10	by	by	ADP
ftr-490	611	11	the	the	DET
ftr-490	611	12	debt	debt	NOUN
ftr-490	611	13	discharge	discharge	NOUN
ftr-490	611	14	would	would	AUX
ftr-490	611	15	realize	realize	VERB
ftr-490	611	16	no	no	DET
ftr-490	611	17	income	income	NOUN
ftr-490	611	18	as	as	SCONJ
ftr-490	611	19	none	none	NOUN
ftr-490	611	20	of	of	ADP
ftr-490	611	21	their	their	PRON
ftr-490	611	22	assets	asset	NOUN
ftr-490	611	23	would	would	AUX
ftr-490	611	24	be	be	AUX
ftr-490	611	25	freed	free	VERB
ftr-490	611	26	from	from	ADP
ftr-490	611	27	offsetting	offset	VERB
ftr-490	611	28	liabilities	liability	NOUN
ftr-490	611	29	.	.	PUNCT
ftr-490	612	1	80	80	NUM
ftr-490	612	2	.	.	PUNCT
ftr-490	613	1	tufts	tuft	NOUN
ftr-490	613	2	,	,	PUNCT
ftr-490	613	3	461	461	NUM
ftr-490	613	4	u.s	u.s	PROPN
ftr-490	613	5	.	.	PROPN
ftr-490	613	6	at	at	ADP
ftr-490	613	7	310	310	NUM
ftr-490	613	8	-	-	SYM
ftr-490	613	9	12	12	NUM
ftr-490	613	10	n.	n.	NOUN
ftr-490	613	11	11	11	NUM
ftr-490	613	12	(	(	PUNCT
ftr-490	613	13	citations	citation	NOUN
ftr-490	613	14	omitted	omit	VERB
ftr-490	613	15	)	)	PUNCT
ftr-490	613	16	.	.	PUNCT
ftr-490	614	1	the	the	DET
ftr-490	614	2	two	two	NUM
ftr-490	614	3	penultimate	penultimate	NOUN
ftr-490	614	4	sentences	sentence	NOUN
ftr-490	614	5	quoted	quote	VERB
ftr-490	614	6	demonstrate	demonstrate	VERB
ftr-490	614	7	yet	yet	ADV
ftr-490	614	8	again	again	ADV
ftr-490	614	9	the	the	DET
ftr-490	614	10	court	court	NOUN
ftr-490	614	11	's	's	PART
ftr-490	614	12	belief	belief	NOUN
ftr-490	614	13	that	that	SCONJ
ftr-490	614	14	relief	relief	NOUN
ftr-490	614	15	from	from	ADP
ftr-490	614	16	recourse	recourse	NOUN
ftr-490	614	17	debt	debt	NOUN
ftr-490	614	18	is	be	AUX
ftr-490	614	19	simply	simply	ADV
ftr-490	614	20	included	include	VERB
ftr-490	614	21	in	in	ADP
ftr-490	614	22	amount	amount	NOUN
ftr-490	614	23	realized	realize	VERB
ftr-490	614	24	and	and	CCONJ
ftr-490	614	25	does	do	AUX
ftr-490	614	26	not	not	PART
ftr-490	614	27	create	create	VERB
ftr-490	614	28	cod	cod	NOUN
ftr-490	614	29	income	income	NOUN
ftr-490	614	30	.	.	PUNCT
ftr-490	615	1	see	see	VERB
ftr-490	615	2	supra	supra	PROPN
ftr-490	615	3	notes	note	VERB
ftr-490	615	4	50	50	NUM
ftr-490	615	5	-	-	SYM
ftr-490	615	6	63	63	NUM
ftr-490	615	7	and	and	CCONJ
ftr-490	615	8	accompanying	accompany	VERB
ftr-490	615	9	text	text	NOUN
ftr-490	615	10	(	(	PUNCT
ftr-490	615	11	describing	describe	VERB
ftr-490	615	12	other	other	ADJ
ftr-490	615	13	evidence	evidence	NOUN
ftr-490	615	14	showing	show	VERB
ftr-490	615	15	the	the	DET
ftr-490	615	16	court	court	NOUN
ftr-490	615	17	believed	believe	VERB
ftr-490	615	18	that	that	SCONJ
ftr-490	615	19	it	it	PRON
ftr-490	615	20	was	be	AUX
ftr-490	615	21	conforming	conform	VERB
ftr-490	615	22	the	the	DET
ftr-490	615	23	treatment	treatment	NOUN
ftr-490	615	24	of	of	ADP
ftr-490	615	25	recourse	recourse	NOUN
ftr-490	615	26	and	and	CCONJ
ftr-490	615	27	nonrecourse	nonrecourse	NOUN
ftr-490	615	28	debt	debt	NOUN
ftr-490	615	29	in	in	ADP
ftr-490	615	30	the	the	DET
ftr-490	615	31	situation	situation	NOUN
ftr-490	615	32	before	before	ADP
ftr-490	615	33	it	it	PRON
ftr-490	615	34	when	when	SCONJ
ftr-490	615	35	in	in	ADP
ftr-490	615	36	fact	fact	NOUN
ftr-490	615	37	the	the	DET
ftr-490	615	38	court	court	NOUN
ftr-490	615	39	cemented	cement	VERB
ftr-490	615	40	dichotomous	dichotomous	ADJ
ftr-490	615	41	approaches	approach	NOUN
ftr-490	615	42	with	with	ADP
ftr-490	615	43	its	its	PRON
ftr-490	615	44	decision	decision	NOUN
ftr-490	615	45	)	)	PUNCT
ftr-490	615	46	.	.	PUNCT
ftr-490	616	1	81	81	NUM
ftr-490	616	2	.	.	X
ftr-490	616	3	284	284	NUM
ftr-490	616	4	u.s	u.s	PROPN
ftr-490	616	5	.	.	PROPN
ftr-490	616	6	1	1	NUM
ftr-490	616	7	,	,	PUNCT
ftr-490	616	8	3	3	NUM
ftr-490	616	9	(	(	PUNCT
ftr-490	616	10	1931	1931	NUM
ftr-490	616	11	)	)	PUNCT
ftr-490	616	12	.	.	PUNCT
ftr-490	617	1	82	82	X
ftr-490	617	2	.	.	PUNCT
ftr-490	618	1	see	see	VERB
ftr-490	618	2	discussion	discussion	NOUN
ftr-490	618	3	supra	supra	PROPN
ftr-490	618	4	note	note	PROPN
ftr-490	618	5	8	8	NUM
ftr-490	618	6	.	.	PUNCT
ftr-490	619	1	[	[	X
ftr-490	619	2	vol	vol	NOUN
ftr-490	619	3	1:3	1:3	NUM
ftr-490	619	4	tufts	tuft	NOUN
ftr-490	619	5	and	and	CCONJ
ftr-490	619	6	the	the	DET
ftr-490	619	7	evolution	evolution	NOUN
ftr-490	619	8	of	of	ADP
ftr-490	619	9	debt	debt	NOUN
ftr-490	619	10	-	-	PUNCT
ftr-490	619	11	discharge	discharge	NOUN
ftr-490	619	12	theory	theory	NOUN
ftr-490	619	13	current	current	ADJ
ftr-490	619	14	law	law	NOUN
ftr-490	619	15	abandons	abandon	VERB
ftr-490	619	16	the	the	DET
ftr-490	619	17	freeing	free	VERB
ftr-490	619	18	-	-	PUNCT
ftr-490	619	19	up	up	ADP
ftr-490	619	20	-	-	PUNCT
ftr-490	619	21	of	of	ADP
ftr-490	619	22	-	-	PUNCT
ftr-490	619	23	assets	asset	NOUN
ftr-490	619	24	approach	approach	NOUN
ftr-490	619	25	by	by	ADP
ftr-490	619	26	holding	hold	VERB
ftr-490	619	27	that	that	PRON
ftr-490	619	28	insolvent	insolvent	ADJ
ftr-490	619	29	debtors	debtor	NOUN
ftr-490	619	30	do	do	AUX
ftr-490	619	31	indeed	indeed	ADV
ftr-490	619	32	realize	realize	VERB
ftr-490	619	33	cod	cod	NOUN
ftr-490	619	34	income	income	NOUN
ftr-490	619	35	,	,	PUNCT
ftr-490	619	36	though	though	SCONJ
ftr-490	619	37	congress	congress	PROPN
ftr-490	619	38	decided	decide	VERB
ftr-490	619	39	that	that	SCONJ
ftr-490	619	40	for	for	ADP
ftr-490	619	41	policy	policy	NOUN
ftr-490	619	42	reasons	reason	NOUN
ftr-490	619	43	insolvent	insolvent	ADJ
ftr-490	619	44	debtors	debtor	NOUN
ftr-490	619	45	may	may	AUX
ftr-490	619	46	defer	defer	VERB
ftr-490	619	47	recognition	recognition	NOUN
ftr-490	619	48	of	of	ADP
ftr-490	619	49	cod	cod	NOUN
ftr-490	619	50	income	income	NOUN
ftr-490	619	51	until	until	ADP
ftr-490	619	52	some	some	DET
ftr-490	619	53	point	point	NOUN
ftr-490	619	54	in	in	ADP
ftr-490	619	55	the	the	DET
ftr-490	619	56	future	future	NOUN
ftr-490	619	57	when	when	SCONJ
ftr-490	619	58	,	,	PUNCT
ftr-490	619	59	presumably	presumably	ADV
ftr-490	619	60	,	,	PUNCT
ftr-490	619	61	they	they	PRON
ftr-490	619	62	are	be	AUX
ftr-490	619	63	in	in	ADP
ftr-490	619	64	a	a	DET
ftr-490	619	65	better	well	ADJ
ftr-490	619	66	financial	financial	ADJ
ftr-490	619	67	condition	condition	NOUN
ftr-490	619	68	to	to	PART
ftr-490	619	69	pay	pay	VERB
ftr-490	619	70	the	the	DET
ftr-490	619	71	tax	tax	NOUN
ftr-490	619	72	due.83	due.83	PROPN
ftr-490	619	73	rather	rather	ADV
ftr-490	619	74	,	,	PUNCT
ftr-490	619	75	today	today	NOUN
ftr-490	619	76	's	's	PART
ftr-490	619	77	commentators	commentator	NOUN
ftr-490	619	78	argue	argue	VERB
ftr-490	619	79	that	that	SCONJ
ftr-490	619	80	the	the	DET
ftr-490	619	81	symmetry	symmetry	NOUN
ftr-490	619	82	rationale	rationale	NOUN
ftr-490	619	83	adopted	adopt	VERB
ftr-490	619	84	by	by	ADP
ftr-490	619	85	justice	justice	NOUN
ftr-490	619	86	blackmun	blackmun	NOUN
ftr-490	619	87	in	in	ADP
ftr-490	619	88	recognizing	recognize	VERB
ftr-490	619	89	the	the	DET
ftr-490	619	90	accession	accession	NOUN
ftr-490	619	91	to	to	ADP
ftr-490	619	92	wealth	wealth	NOUN
ftr-490	619	93	in	in	ADP
ftr-490	619	94	tufts	tuft	NOUN
ftr-490	619	95	itself	itself	PRON
ftr-490	619	96	justifies	justify	VERB
ftr-490	619	97	the	the	DET
ftr-490	619	98	inclusion	inclusion	NOUN
ftr-490	619	99	in	in	ADP
ftr-490	619	100	income	income	NOUN
ftr-490	619	101	of	of	ADP
ftr-490	619	102	cancelled	cancel	VERB
ftr-490	619	103	debt	debt	NOUN
ftr-490	619	104	.	.	PUNCT
ftr-490	620	1	under	under	ADP
ftr-490	620	2	the	the	DET
ftr-490	620	3	symmetry	symmetry	NOUN
ftr-490	620	4	rationale	rationale	NOUN
ftr-490	620	5	,	,	PUNCT
ftr-490	620	6	solvency	solvency	NOUN
ftr-490	620	7	is	be	AUX
ftr-490	620	8	irrelevant	irrelevant	ADJ
ftr-490	620	9	and	and	CCONJ
ftr-490	620	10	taxing	tax	VERB
ftr-490	620	11	insolvent	insolvent	ADJ
ftr-490	620	12	debtors	debtor	NOUN
ftr-490	620	13	(	(	PUNCT
ftr-490	620	14	even	even	ADV
ftr-490	620	15	though	though	SCONJ
ftr-490	620	16	the	the	DET
ftr-490	620	17	tax	tax	NOUN
ftr-490	620	18	is	be	AUX
ftr-490	620	19	deferred	defer	VERB
ftr-490	620	20	to	to	ADP
ftr-490	620	21	some	some	DET
ftr-490	620	22	future	future	ADJ
ftr-490	620	23	time	time	NOUN
ftr-490	620	24	)	)	PUNCT
ftr-490	620	25	is	be	AUX
ftr-490	620	26	conceptually	conceptually	ADV
ftr-490	620	27	defensible	defensible	ADJ
ftr-490	620	28	.	.	PUNCT
ftr-490	621	1	exclusion	exclusion	NOUN
ftr-490	621	2	from	from	ADP
ftr-490	621	3	gross	gross	ADJ
ftr-490	621	4	income	income	NOUN
ftr-490	621	5	on	on	ADP
ftr-490	621	6	receipt	receipt	NOUN
ftr-490	621	7	of	of	ADP
ftr-490	621	8	the	the	DET
ftr-490	621	9	loan	loan	NOUN
ftr-490	621	10	proceeds	proceed	NOUN
ftr-490	621	11	(	(	PUNCT
ftr-490	621	12	evidenced	evidence	VERB
ftr-490	621	13	by	by	ADP
ftr-490	621	14	inclusion	inclusion	NOUN
ftr-490	621	15	in	in	ADP
ftr-490	621	16	the	the	DET
ftr-490	621	17	basis	basis	NOUN
ftr-490	621	18	of	of	ADP
ftr-490	621	19	property	property	NOUN
ftr-490	621	20	if	if	SCONJ
ftr-490	621	21	purchase	purchase	VERB
ftr-490	621	22	debt	debt	NOUN
ftr-490	621	23	or	or	CCONJ
ftr-490	621	24	simply	simply	ADV
ftr-490	621	25	failure	failure	NOUN
ftr-490	621	26	to	to	PART
ftr-490	621	27	declare	declare	VERB
ftr-490	621	28	it	it	PRON
ftr-490	621	29	as	as	ADP
ftr-490	621	30	income	income	NOUN
ftr-490	621	31	in	in	ADP
ftr-490	621	32	the	the	DET
ftr-490	621	33	case	case	NOUN
ftr-490	621	34	of	of	ADP
ftr-490	621	35	other	other	ADJ
ftr-490	621	36	debt	debt	NOUN
ftr-490	621	37	)	)	PUNCT
ftr-490	621	38	is	be	AUX
ftr-490	621	39	premised	premise	VERB
ftr-490	621	40	on	on	ADP
ftr-490	621	41	the	the	DET
ftr-490	621	42	obligation	obligation	NOUN
ftr-490	621	43	to	to	PART
ftr-490	621	44	repay	repay	VERB
ftr-490	621	45	with	with	ADP
ftr-490	621	46	after	after	ADP
ftr-490	621	47	-	-	PUNCT
ftr-490	621	48	tax	tax	NOUN
ftr-490	621	49	dollars	dollar	NOUN
ftr-490	621	50	.	.	PUNCT
ftr-490	622	1	when	when	SCONJ
ftr-490	622	2	that	that	DET
ftr-490	622	3	obligation	obligation	NOUN
ftr-490	622	4	disappears	disappear	VERB
ftr-490	622	5	,	,	PUNCT
ftr-490	622	6	so	so	ADV
ftr-490	622	7	does	do	VERB
ftr-490	622	8	the	the	DET
ftr-490	622	9	justification	justification	NOUN
ftr-490	622	10	for	for	ADP
ftr-490	622	11	the	the	DET
ftr-490	622	12	initial	initial	ADJ
ftr-490	622	13	exclusion.8s	exclusion.8s	PROPN
ftr-490	622	14	in	in	ADP
ftr-490	622	15	this	this	DET
ftr-490	622	16	sense	sense	NOUN
ftr-490	622	17	,	,	PUNCT
ftr-490	622	18	the	the	DET
ftr-490	622	19	theory	theory	NOUN
ftr-490	622	20	underlying	underlie	VERB
ftr-490	622	21	cod	cod	NOUN
ftr-490	622	22	income	income	NOUN
ftr-490	622	23	smacks	smack	NOUN
ftr-490	622	24	of	of	ADP
ftr-490	622	25	the	the	DET
ftr-490	622	26	broad	broad	ADJ
ftr-490	622	27	articulation	articulation	NOUN
ftr-490	622	28	of	of	ADP
ftr-490	622	29	the	the	DET
ftr-490	622	30	tax	tax	NOUN
ftr-490	622	31	-	-	PUNCT
ftr-490	622	32	benefit	benefit	NOUN
ftr-490	622	33	theory	theory	NOUN
ftr-490	622	34	"	"	PUNCT
ftr-490	622	35	enunciated	enunciate	VERB
ftr-490	622	36	by	by	ADP
ftr-490	622	37	the	the	DET
ftr-490	622	38	supreme	supreme	PROPN
ftr-490	622	39	court	court	PROPN
ftr-490	622	40	in	in	ADP
ftr-490	622	41	hillsboro	hillsboro	PROPN
ftr-490	622	42	national	national	PROPN
ftr-490	622	43	bank	bank	PROPN
ftr-490	622	44	v.	v.	ADP
ftr-490	622	45	commissioner,'6	commissioner,'6	PROPN
ftr-490	622	46	in	in	ADP
ftr-490	622	47	which	which	PRON
ftr-490	622	48	the	the	DET
ftr-490	622	49	court	court	NOUN
ftr-490	622	50	required	require	VERB
ftr-490	622	51	inclusion	inclusion	NOUN
ftr-490	622	52	in	in	ADP
ftr-490	622	53	gross	gross	ADJ
ftr-490	622	54	income	income	NOUN
ftr-490	622	55	of	of	ADP
ftr-490	622	56	gain	gain	NOUN
ftr-490	622	57	realized	realize	VERB
ftr-490	622	58	on	on	ADP
ftr-490	622	59	an	an	DET
ftr-490	622	60	otherwise	otherwise	ADV
ftr-490	622	61	tax	tax	NOUN
ftr-490	622	62	-	-	PUNCT
ftr-490	622	63	free	free	ADJ
ftr-490	622	64	liquidation	liquidation	NOUN
ftr-490	622	65	83	83	NUM
ftr-490	622	66	.	.	PUNCT
ftr-490	623	1	see	see	VERB
ftr-490	623	2	discussion	discussion	NOUN
ftr-490	623	3	supra	supra	PROPN
ftr-490	623	4	note	note	PROPN
ftr-490	623	5	8	8	NUM
ftr-490	623	6	;	;	PUNCT
ftr-490	623	7	lee	lee	PROPN
ftr-490	623	8	a.	a.	PROPN
ftr-490	623	9	sheppard	sheppard	PROPN
ftr-490	623	10	,	,	PUNCT
ftr-490	623	11	debt	debt	NOUN
ftr-490	623	12	assumptions	assumption	NOUN
ftr-490	623	13	without	without	ADP
ftr-490	623	14	buildings	building	NOUN
ftr-490	623	15	,	,	PUNCT
ftr-490	623	16	news	news	NOUN
ftr-490	623	17	analysis	analysis	NOUN
ftr-490	623	18	,	,	PUNCT
ftr-490	623	19	55	55	NUM
ftr-490	623	20	tax	tax	NOUN
ftr-490	623	21	notes	note	NOUN
ftr-490	623	22	155	155	NUM
ftr-490	623	23	,	,	PUNCT
ftr-490	623	24	156	156	NUM
ftr-490	623	25	(	(	PUNCT
ftr-490	623	26	april	april	PROPN
ftr-490	623	27	13	13	NUM
ftr-490	623	28	,	,	PUNCT
ftr-490	623	29	1992	1992	NUM
ftr-490	623	30	):	):	PUNCT
ftr-490	623	31	the	the	DET
ftr-490	623	32	pernicious	pernicious	ADJ
ftr-490	623	33	notion	notion	NOUN
ftr-490	623	34	that	that	SCONJ
ftr-490	623	35	a	a	DET
ftr-490	623	36	borrower	borrower	NOUN
ftr-490	623	37	should	should	AUX
ftr-490	623	38	recognize	recognize	VERB
ftr-490	623	39	no	no	DET
ftr-490	623	40	cod	cod	NOUN
ftr-490	623	41	income	income	NOUN
ftr-490	623	42	unless	unless	SCONJ
ftr-490	623	43	assets	asset	NOUN
ftr-490	623	44	were	be	AUX
ftr-490	623	45	somehow	somehow	ADV
ftr-490	623	46	"	"	PUNCT
ftr-490	623	47	freed	free	VERB
ftr-490	623	48	"	"	PUNCT
ftr-490	623	49	by	by	ADP
ftr-490	623	50	the	the	DET
ftr-490	623	51	discharge	discharge	NOUN
ftr-490	623	52	has	have	AUX
ftr-490	623	53	been	be	AUX
ftr-490	623	54	used	use	VERB
ftr-490	623	55	to	to	PART
ftr-490	623	56	justify	justify	VERB
ftr-490	623	57	everything	everything	PRON
ftr-490	623	58	from	from	ADP
ftr-490	623	59	the	the	DET
ftr-490	623	60	insolvency	insolvency	NOUN
ftr-490	623	61	exception	exception	NOUN
ftr-490	623	62	to	to	ADP
ftr-490	623	63	ill	ill	ADV
ftr-490	623	64	-	-	PUNCT
ftr-490	623	65	advised	advise	VERB
ftr-490	623	66	real	real	ADJ
ftr-490	623	67	estate	estate	NOUN
ftr-490	623	68	lending	lending	NOUN
ftr-490	623	69	.	.	PUNCT
ftr-490	624	1	despite	despite	SCONJ
ftr-490	624	2	occasional	occasional	ADJ
ftr-490	624	3	endorsement	endorsement	NOUN
ftr-490	624	4	in	in	ADP
ftr-490	624	5	respectable	respectable	ADJ
ftr-490	624	6	circles	circle	NOUN
ftr-490	624	7	,	,	PUNCT
ftr-490	624	8	the	the	DET
ftr-490	624	9	freeing	free	VERB
ftr-490	624	10	-	-	PUNCT
ftr-490	624	11	of	of	ADP
ftr-490	624	12	-	-	PUNCT
ftr-490	624	13	assets	asset	NOUN
ftr-490	624	14	notion	notion	NOUN
ftr-490	624	15	is	be	AUX
ftr-490	624	16	outdated	outdate	VERB
ftr-490	624	17	,	,	PUNCT
ftr-490	624	18	impractical	impractical	ADJ
ftr-490	624	19	,	,	PUNCT
ftr-490	624	20	and	and	CCONJ
ftr-490	624	21	,	,	PUNCT
ftr-490	624	22	as	as	ADP
ftr-490	624	23	the	the	DET
ftr-490	624	24	decisions	decision	NOUN
ftr-490	624	25	relying	rely	VERB
ftr-490	624	26	on	on	ADP
ftr-490	624	27	this	this	DET
ftr-490	624	28	notion	notion	NOUN
ftr-490	624	29	show	show	NOUN
ftr-490	624	30	,	,	PUNCT
ftr-490	624	31	wildly	wildly	ADV
ftr-490	624	32	unpredictable	unpredictable	ADJ
ftr-490	624	33	in	in	ADP
ftr-490	624	34	its	its	PRON
ftr-490	624	35	application	application	NOUN
ftr-490	624	36	.	.	PUNCT
ftr-490	625	1	the	the	DET
ftr-490	625	2	transactional	transactional	ADJ
ftr-490	625	3	approach	approach	NOUN
ftr-490	625	4	has	have	AUX
ftr-490	625	5	prevailed	prevail	VERB
ftr-490	625	6	,	,	PUNCT
ftr-490	625	7	as	as	SCONJ
ftr-490	625	8	it	it	PRON
ftr-490	625	9	should	should	AUX
ftr-490	625	10	.	.	PUNCT
ftr-490	626	1	84	84	NUM
ftr-490	626	2	.	.	PUNCT
ftr-490	627	1	see	see	VERB
ftr-490	627	2	discussion	discussion	NOUN
ftr-490	627	3	supra	supra	PROPN
ftr-490	627	4	note	note	PROPN
ftr-490	627	5	8	8	NUM
ftr-490	627	6	;	;	PUNCT
ftr-490	628	1	crane	crane	NOUN
ftr-490	628	2	,	,	PUNCT
ftr-490	628	3	supra	supra	PROPN
ftr-490	628	4	note	note	PROPN
ftr-490	628	5	s.	s.	PROPN
ftr-490	628	6	at	at	ADP
ftr-490	628	7	117	117	NUM
ftr-490	628	8	(	(	PUNCT
ftr-490	628	9	"	"	PUNCT
ftr-490	628	10	the	the	DET
ftr-490	628	11	loan	loan	NOUN
ftr-490	628	12	proceeds	proceed	NOUN
ftr-490	628	13	theory	theory	NOUN
ftr-490	628	14	is	be	AUX
ftr-490	628	15	the	the	DET
ftr-490	628	16	most	most	ADV
ftr-490	628	17	useful	useful	ADJ
ftr-490	628	18	way	way	NOUN
ftr-490	628	19	to	to	PART
ftr-490	628	20	think	think	VERB
ftr-490	628	21	about	about	ADP
ftr-490	628	22	debt	debt	NOUN
ftr-490	628	23	discharge	discharge	NOUN
ftr-490	628	24	income	income	NOUN
ftr-490	628	25	.	.	PUNCT
ftr-490	629	1	under	under	ADP
ftr-490	629	2	this	this	DET
ftr-490	629	3	theory	theory	NOUN
ftr-490	629	4	,	,	PUNCT
ftr-490	629	5	income	income	NOUN
ftr-490	629	6	results	result	NOUN
ftr-490	629	7	on	on	ADP
ftr-490	629	8	debt	debt	NOUN
ftr-490	629	9	discharge	discharge	NOUN
ftr-490	629	10	because	because	SCONJ
ftr-490	629	11	the	the	DET
ftr-490	629	12	loan	loan	NOUN
ftr-490	629	13	represented	represent	VERB
ftr-490	629	14	the	the	DET
ftr-490	629	15	receipt	receipt	NOUN
ftr-490	629	16	of	of	ADP
ftr-490	629	17	funds	fund	NOUN
ftr-490	629	18	without	without	ADP
ftr-490	629	19	the	the	DET
ftr-490	629	20	payment	payment	NOUN
ftr-490	629	21	of	of	ADP
ftr-490	629	22	tax	tax	NOUN
ftr-490	629	23	,	,	PUNCT
ftr-490	629	24	and	and	CCONJ
ftr-490	629	25	on	on	ADP
ftr-490	629	26	discharge	discharge	NOUN
ftr-490	629	27	this	this	DET
ftr-490	629	28	tax	tax	NOUN
ftr-490	629	29	must	must	AUX
ftr-490	629	30	be	be	AUX
ftr-490	629	31	paid	pay	VERB
ftr-490	629	32	.	.	PUNCT
ftr-490	629	33	"	"	PUNCT
ftr-490	629	34	)	)	PUNCT
ftr-490	629	35	.	.	PUNCT
ftr-490	630	1	85	85	NUM
ftr-490	630	2	.	.	PUNCT
ftr-490	631	1	the	the	DET
ftr-490	631	2	narrowly	narrowly	ADV
ftr-490	631	3	articulated	articulate	VERB
ftr-490	631	4	tax	tax	NOUN
ftr-490	631	5	-	-	PUNCT
ftr-490	631	6	benefit	benefit	NOUN
ftr-490	631	7	rule	rule	NOUN
ftr-490	631	8	requires	require	VERB
ftr-490	631	9	that	that	SCONJ
ftr-490	631	10	recovery	recovery	NOUN
ftr-490	631	11	of	of	ADP
ftr-490	631	12	an	an	DET
ftr-490	631	13	item	item	NOUN
ftr-490	631	14	previously	previously	ADV
ftr-490	631	15	deducted	deduct	VERB
ftr-490	631	16	must	must	AUX
ftr-490	631	17	be	be	AUX
ftr-490	631	18	included	include	VERB
ftr-490	631	19	in	in	ADP
ftr-490	631	20	gross	gross	ADJ
ftr-490	631	21	income	income	NOUN
ftr-490	631	22	to	to	ADP
ftr-490	631	23	the	the	DET
ftr-490	631	24	extent	extent	NOUN
ftr-490	631	25	the	the	DET
ftr-490	631	26	prior	prior	ADJ
ftr-490	631	27	deduction	deduction	NOUN
ftr-490	631	28	reduced	reduce	VERB
ftr-490	631	29	positive	positive	ADJ
ftr-490	631	30	taxable	taxable	ADJ
ftr-490	631	31	income	income	NOUN
ftr-490	631	32	(	(	PUNCT
ftr-490	631	33	i.e.	i.e.	X
ftr-490	631	34	,	,	PUNCT
ftr-490	631	35	to	to	ADP
ftr-490	631	36	the	the	DET
ftr-490	631	37	extent	extent	NOUN
ftr-490	631	38	the	the	DET
ftr-490	631	39	deduction	deduction	NOUN
ftr-490	631	40	produced	produce	VERB
ftr-490	631	41	a	a	DET
ftr-490	631	42	tax	tax	NOUN
ftr-490	631	43	benefit	benefit	NOUN
ftr-490	631	44	in	in	ADP
ftr-490	631	45	the	the	DET
ftr-490	631	46	prior	prior	ADJ
ftr-490	631	47	year	year	NOUN
ftr-490	631	48	)	)	PUNCT
ftr-490	631	49	.	.	PUNCT
ftr-490	632	1	for	for	ADP
ftr-490	632	2	general	general	ADJ
ftr-490	632	3	discussions	discussion	NOUN
ftr-490	632	4	of	of	ADP
ftr-490	632	5	the	the	DET
ftr-490	632	6	tax	tax	NOUN
ftr-490	632	7	-	-	PUNCT
ftr-490	632	8	benefit	benefit	NOUN
ftr-490	632	9	rule	rule	NOUN
ftr-490	632	10	,	,	PUNCT
ftr-490	632	11	see	see	VERB
ftr-490	632	12	borris	borris	PROPN
ftr-490	632	13	1	1	NUM
ftr-490	632	14	.	.	PUNCT
ftr-490	632	15	bittker	bittker	PROPN
ftr-490	632	16	&	&	CCONJ
ftr-490	632	17	stephen	stephen	PROPN
ftr-490	632	18	b.	b.	PROPN
ftr-490	632	19	kanner	kanner	PROPN
ftr-490	632	20	,	,	PUNCT
ftr-490	632	21	the	the	DET
ftr-490	632	22	tax	tax	NOUN
ftr-490	632	23	benefit	benefit	NOUN
ftr-490	632	24	rule	rule	NOUN
ftr-490	632	25	,	,	PUNCT
ftr-490	632	26	26	26	NUM
ftr-490	632	27	ucla	ucla	PROPN
ftr-490	632	28	l.	l.	PROPN
ftr-490	632	29	rev	rev	PROPN
ftr-490	632	30	.	.	PROPN
ftr-490	632	31	265	265	NUM
ftr-490	632	32	(	(	PUNCT
ftr-490	632	33	1978	1978	NUM
ftr-490	632	34	)	)	PUNCT
ftr-490	632	35	;	;	PUNCT
ftr-490	632	36	louis	louis	PROPN
ftr-490	632	37	a.	a.	PROPN
ftr-490	632	38	del	del	PROPN
ftr-490	632	39	cotto	cotto	PROPN
ftr-490	632	40	&	&	CCONJ
ftr-490	632	41	kenneth	kenneth	PROPN
ftr-490	632	42	f.	f.	PROPN
ftr-490	632	43	joyce	joyce	PROPN
ftr-490	632	44	,	,	PUNCT
ftr-490	632	45	double	double	ADJ
ftr-490	632	46	benefits	benefit	NOUN
ftr-490	632	47	and	and	CCONJ
ftr-490	632	48	transactional	transactional	ADJ
ftr-490	632	49	consistency	consistency	NOUN
ftr-490	632	50	under	under	ADP
ftr-490	632	51	the	the	DET
ftr-490	632	52	tax	tax	NOUN
ftr-490	632	53	benefit	benefit	NOUN
ftr-490	632	54	rule	rule	NOUN
ftr-490	632	55	,	,	PUNCT
ftr-490	632	56	39	39	NUM
ftr-490	632	57	tax	tax	NOUN
ftr-490	632	58	l.	l.	PROPN
ftr-490	632	59	rev	rev	PROPN
ftr-490	632	60	.	.	PROPN
ftr-490	632	61	473	473	NUM
ftr-490	632	62	(	(	PUNCT
ftr-490	632	63	1984	1984	NUM
ftr-490	632	64	)	)	PUNCT
ftr-490	632	65	;	;	PUNCT
ftr-490	632	66	alice	alice	PROPN
ftr-490	632	67	w.	w.	PROPN
ftr-490	632	68	cunningham	cunningham	PROPN
ftr-490	632	69	,	,	PUNCT
ftr-490	632	70	characterization	characterization	NOUN
ftr-490	632	71	of	of	ADP
ftr-490	632	72	income	income	NOUN
ftr-490	632	73	recovered	recover	VERB
ftr-490	632	74	under	under	ADP
ftr-490	632	75	the	the	DET
ftr-490	632	76	tax	tax	NOUN
ftr-490	632	77	benefit	benefit	NOUN
ftr-490	632	78	doctrine	doctrine	NOUN
ftr-490	632	79	,	,	PUNCT
ftr-490	632	80	7	7	NUM
ftr-490	632	81	va	va	NOUN
ftr-490	632	82	.	.	PUNCT
ftr-490	632	83	tax	tax	PROPN
ftr-490	632	84	rev	rev	PROPN
ftr-490	632	85	.	.	PROPN
ftr-490	632	86	121	121	NUM
ftr-490	632	87	(	(	PUNCT
ftr-490	632	88	1987	1987	NUM
ftr-490	632	89	)	)	PUNCT
ftr-490	633	1	[	[	X
ftr-490	633	2	hereinafter	hereinafter	NOUN
ftr-490	633	3	cunningham	cunningham	PROPN
ftr-490	633	4	ill	ill	PROPN
ftr-490	633	5	;	;	PUNCT
ftr-490	633	6	and	and	CCONJ
ftr-490	633	7	steven	steven	PROPN
ftr-490	633	8	j.	j.	PROPN
ftr-490	633	9	willis	willis	PROPN
ftr-490	633	10	,	,	PUNCT
ftr-490	633	11	the	the	DET
ftr-490	633	12	tax	tax	NOUN
ftr-490	633	13	benefit	benefit	NOUN
ftr-490	633	14	rule	rule	NOUN
ftr-490	633	15	:	:	PUNCT
ftr-490	633	16	a	a	DET
ftr-490	633	17	different	different	ADJ
ftr-490	633	18	view	view	NOUN
ftr-490	633	19	and	and	CCONJ
ftr-490	633	20	a	a	DET
ftr-490	633	21	unified	unified	ADJ
ftr-490	633	22	theory	theory	NOUN
ftr-490	633	23	of	of	ADP
ftr-490	633	24	error	error	NOUN
ftr-490	633	25	correction	correction	NOUN
ftr-490	633	26	,	,	PUNCT
ftr-490	633	27	42	42	NUM
ftr-490	633	28	fla	fla	NOUN
ftr-490	633	29	.	.	PUNCT
ftr-490	634	1	l.	l.	PROPN
ftr-490	634	2	rev	rev	PROPN
ftr-490	634	3	.	.	PROPN
ftr-490	634	4	575	575	NUM
ftr-490	634	5	(	(	PUNCT
ftr-490	634	6	1990	1990	NUM
ftr-490	634	7	)	)	PUNCT
ftr-490	635	1	[	[	X
ftr-490	635	2	hereinafter	hereinafter	NOUN
ftr-490	635	3	willis	willis	PROPN
ftr-490	635	4	i	i	PRON
ftr-490	635	5	]	]	X
ftr-490	635	6	.	.	PUNCT
ftr-490	636	1	86	86	NUM
ftr-490	636	2	.	.	PUNCT
ftr-490	637	1	460	460	NUM
ftr-490	637	2	u.s	u.s	PROPN
ftr-490	637	3	.	.	PROPN
ftr-490	637	4	370	370	NUM
ftr-490	637	5	(	(	PUNCT
ftr-490	637	6	1983	1983	NUM
ftr-490	637	7	)	)	PUNCT
ftr-490	637	8	.	.	PUNCT
ftr-490	638	1	the	the	DET
ftr-490	638	2	facts	fact	NOUN
ftr-490	638	3	recounted	recount	VERB
ftr-490	638	4	in	in	ADP
ftr-490	638	5	the	the	DET
ftr-490	638	6	text	text	NOUN
ftr-490	638	7	are	be	AUX
ftr-490	638	8	those	those	PRON
ftr-490	638	9	of	of	ADP
ftr-490	638	10	united	united	PROPN
ftr-490	638	11	states	states	PROPN
ftr-490	638	12	v.	v.	ADP
ftr-490	638	13	bliss	bliss	ADJ
ftr-490	638	14	dairy	dairy	PROPN
ftr-490	638	15	inc	inc	PROPN
ftr-490	638	16	.	.	PROPN
ftr-490	638	17	,	,	PUNCT
ftr-490	638	18	no	no	INTJ
ftr-490	638	19	.	.	NOUN
ftr-490	638	20	81	81	NUM
ftr-490	638	21	-	-	SYM
ftr-490	638	22	930	930	NUM
ftr-490	638	23	(	(	PUNCT
ftr-490	638	24	7th	7th	ADJ
ftr-490	638	25	cir	cir	NOUN
ftr-490	638	26	.	.	PROPN
ftr-490	638	27	1983	1983	NUM
ftr-490	638	28	)	)	PUNCT
ftr-490	638	29	,	,	PUNCT
ftr-490	638	30	the	the	DET
ftr-490	638	31	companion	companion	NOUN
ftr-490	638	32	case	case	NOUN
ftr-490	638	33	to	to	ADP
ftr-490	638	34	hillsboro	hillsboro	PROPN
ftr-490	638	35	national	national	PROPN
ftr-490	638	36	bank	bank	PROPN
ftr-490	638	37	.	.	PUNCT
ftr-490	639	1	19921	19921	NUM
ftr-490	639	2	florida	florida	PROPN
ftr-490	639	3	tax	tax	NOUN
ftr-490	639	4	review	review	NOUN
ftr-490	639	5	on	on	ADP
ftr-490	639	6	the	the	DET
ftr-490	639	7	transfer	transfer	NOUN
ftr-490	639	8	of	of	ADP
ftr-490	639	9	expensed	expense	VERB
ftr-490	639	10	cattle	cattle	NOUN
ftr-490	639	11	feed	feed	NOUN
ftr-490	639	12	that	that	PRON
ftr-490	639	13	was	be	AUX
ftr-490	639	14	not	not	PART
ftr-490	639	15	in	in	ADP
ftr-490	639	16	fact	fact	NOUN
ftr-490	639	17	used	use	VERB
ftr-490	639	18	in	in	ADP
ftr-490	639	19	the	the	DET
ftr-490	639	20	course	course	NOUN
ftr-490	639	21	of	of	ADP
ftr-490	639	22	a	a	DET
ftr-490	639	23	dairy	dairy	NOUN
ftr-490	639	24	business	business	NOUN
ftr-490	639	25	.	.	PUNCT
ftr-490	640	1	the	the	DET
ftr-490	640	2	later	later	ADJ
ftr-490	640	3	liquidation	liquidation	NOUN
ftr-490	640	4	was	be	AUX
ftr-490	640	5	"	"	PUNCT
ftr-490	640	6	fundamentally	fundamentally	ADV
ftr-490	640	7	inconsistent"'87	inconsistent"'87	PROPN
ftr-490	640	8	with	with	ADP
ftr-490	640	9	the	the	DET
ftr-490	640	10	premise	premise	NOUN
ftr-490	640	11	on	on	ADP
ftr-490	640	12	which	which	PRON
ftr-490	640	13	the	the	DET
ftr-490	640	14	earlier	early	ADJ
ftr-490	640	15	deduction	deduction	NOUN
ftr-490	640	16	(	(	PUNCT
ftr-490	640	17	proper	proper	ADJ
ftr-490	640	18	when	when	SCONJ
ftr-490	640	19	taken	take	VERB
ftr-490	640	20	)	)	PUNCT
ftr-490	640	21	was	be	AUX
ftr-490	640	22	based	base	VERB
ftr-490	640	23	,	,	PUNCT
ftr-490	640	24	namely	namely	ADV
ftr-490	640	25	,	,	PUNCT
ftr-490	640	26	that	that	SCONJ
ftr-490	640	27	the	the	DET
ftr-490	640	28	cattle	cattle	NOUN
ftr-490	640	29	feed	feed	NOUN
ftr-490	640	30	would	would	AUX
ftr-490	640	31	be	be	AUX
ftr-490	640	32	consumed	consume	VERB
ftr-490	640	33	in	in	ADP
ftr-490	640	34	the	the	DET
ftr-490	640	35	course	course	NOUN
ftr-490	640	36	of	of	ADP
ftr-490	640	37	the	the	DET
ftr-490	640	38	taxpayer	taxpayer	NOUN
ftr-490	640	39	's	's	PART
ftr-490	640	40	business	business	NOUN
ftr-490	640	41	.	.	PUNCT
ftr-490	641	1	not	not	PART
ftr-490	641	2	including	include	VERB
ftr-490	641	3	in	in	ADP
ftr-490	641	4	gross	gross	ADJ
ftr-490	641	5	income	income	NOUN
ftr-490	641	6	loan	loan	NOUN
ftr-490	641	7	proceeds	proceed	VERB
ftr-490	641	8	no	no	PRON
ftr-490	641	9	longer	long	ADV
ftr-490	641	10	subject	subject	ADJ
ftr-490	641	11	to	to	ADP
ftr-490	641	12	a	a	DET
ftr-490	641	13	repayment	repayment	NOUN
ftr-490	641	14	obligation	obligation	NOUN
ftr-490	641	15	with	with	ADP
ftr-490	641	16	after	after	ADP
ftr-490	641	17	-	-	PUNCT
ftr-490	641	18	tax	tax	NOUN
ftr-490	641	19	dollars	dollar	NOUN
ftr-490	641	20	would	would	AUX
ftr-490	641	21	be	be	AUX
ftr-490	641	22	fundamentally	fundamentally	ADV
ftr-490	641	23	inconsistent	inconsistent	ADJ
ftr-490	641	24	with	with	ADP
ftr-490	641	25	the	the	DET
ftr-490	641	26	tax	tax	NOUN
ftr-490	641	27	benefit	benefit	NOUN
ftr-490	641	28	(	(	PUNCT
ftr-490	641	29	proper	proper	ADJ
ftr-490	641	30	when	when	SCONJ
ftr-490	641	31	taken	take	VERB
ftr-490	641	32	)	)	PUNCT
ftr-490	641	33	obtained	obtain	VERB
ftr-490	641	34	in	in	ADP
ftr-490	641	35	the	the	DET
ftr-490	641	36	earlier	early	ADJ
ftr-490	641	37	year	year	NOUN
ftr-490	641	38	(	(	PUNCT
ftr-490	641	39	i.e.	i.e.	X
ftr-490	641	40	,	,	PUNCT
ftr-490	641	41	the	the	DET
ftr-490	641	42	exclusion	exclusion	NOUN
ftr-490	641	43	from	from	ADP
ftr-490	641	44	gross	gross	ADJ
ftr-490	641	45	income	income	NOUN
ftr-490	641	46	premised	premise	VERB
ftr-490	641	47	on	on	ADP
ftr-490	641	48	the	the	DET
ftr-490	641	49	obligation	obligation	NOUN
ftr-490	641	50	to	to	PART
ftr-490	641	51	repay	repay	VERB
ftr-490	641	52	with	with	ADP
ftr-490	641	53	after	after	ADP
ftr-490	641	54	-	-	PUNCT
ftr-490	641	55	tax	tax	NOUN
ftr-490	641	56	dollars).88	dollars).88	PROPN
ftr-490	641	57	in	in	ADP
ftr-490	641	58	short	short	ADJ
ftr-490	641	59	,	,	PUNCT
ftr-490	641	60	the	the	DET
ftr-490	641	61	taxation	taxation	NOUN
ftr-490	641	62	of	of	ADP
ftr-490	641	63	loan	loan	NOUN
ftr-490	641	64	proceeds	proceed	NOUN
ftr-490	641	65	is	be	AUX
ftr-490	641	66	,	,	PUNCT
ftr-490	641	67	at	at	ADP
ftr-490	641	68	its	its	PRON
ftr-490	641	69	simplest	simple	ADJ
ftr-490	641	70	,	,	PUNCT
ftr-490	641	71	a	a	DET
ftr-490	641	72	matter	matter	NOUN
ftr-490	641	73	of	of	ADP
ftr-490	641	74	timing	timing	NOUN
ftr-490	641	75	.	.	PUNCT
ftr-490	642	1	loan	loan	NOUN
ftr-490	642	2	proceeds	proceed	NOUN
ftr-490	642	3	must	must	AUX
ftr-490	642	4	be	be	AUX
ftr-490	642	5	taxed	tax	VERB
ftr-490	642	6	at	at	ADP
ftr-490	642	7	some	some	DET
ftr-490	642	8	point	point	NOUN
ftr-490	642	9	in	in	ADP
ftr-490	642	10	time	time	NOUN
ftr-490	642	11	.	.	PUNCT
ftr-490	643	1	current	current	ADJ
ftr-490	643	2	law	law	NOUN
ftr-490	643	3	chooses	choose	VERB
ftr-490	643	4	to	to	PART
ftr-490	643	5	place	place	VERB
ftr-490	643	6	the	the	DET
ftr-490	643	7	tax	tax	NOUN
ftr-490	643	8	event	event	NOUN
ftr-490	643	9	at	at	ADP
ftr-490	643	10	the	the	DET
ftr-490	643	11	point	point	NOUN
ftr-490	643	12	of	of	ADP
ftr-490	643	13	repayment	repayment	NOUN
ftr-490	643	14	of	of	ADP
ftr-490	643	15	the	the	DET
ftr-490	643	16	principal	principal	NOUN
ftr-490	643	17	by	by	ADP
ftr-490	643	18	excluding	exclude	VERB
ftr-490	643	19	the	the	DET
ftr-490	643	20	loan	loan	NOUN
ftr-490	643	21	proceeds	proceed	NOUN
ftr-490	643	22	from	from	ADP
ftr-490	643	23	gross	gross	ADJ
ftr-490	643	24	income	income	NOUN
ftr-490	643	25	on	on	ADP
ftr-490	643	26	receipt	receipt	NOUN
ftr-490	643	27	but	but	CCONJ
ftr-490	643	28	taxing	tax	VERB
ftr-490	643	29	the	the	DET
ftr-490	643	30	income	income	NOUN
ftr-490	643	31	used	use	VERB
ftr-490	643	32	to	to	PART
ftr-490	643	33	repay	repay	VERB
ftr-490	643	34	the	the	DET
ftr-490	643	35	principal	principal	NOUN
ftr-490	643	36	amount.8	amount.8	PROPN
ftr-490	643	37	9	9	NUM
ftr-490	643	38	"	"	PUNCT
ftr-490	643	39	in	in	ADP
ftr-490	643	40	other	other	ADJ
ftr-490	643	41	words	word	NOUN
ftr-490	643	42	,	,	PUNCT
ftr-490	643	43	the	the	DET
ftr-490	643	44	difference	difference	NOUN
ftr-490	643	45	between	between	ADP
ftr-490	643	46	the	the	DET
ftr-490	643	47	borrower	borrower	NOUN
ftr-490	643	48	and	and	CCONJ
ftr-490	643	49	the	the	DET
ftr-490	643	50	taxpayer	taxpayer	NOUN
ftr-490	643	51	who	who	PRON
ftr-490	643	52	saves	save	VERB
ftr-490	643	53	or	or	CCONJ
ftr-490	643	54	consumes	consume	NOUN
ftr-490	643	55	out	out	ADP
ftr-490	643	56	of	of	ADP
ftr-490	643	57	his	his	PRON
ftr-490	643	58	own	own	ADJ
ftr-490	643	59	funds	fund	NOUN
ftr-490	643	60	is	be	AUX
ftr-490	643	61	that	that	SCONJ
ftr-490	643	62	the	the	DET
ftr-490	643	63	borrower	borrower	NOUN
ftr-490	643	64	can	can	AUX
ftr-490	643	65	defer	defer	VERB
ftr-490	643	66	tax	tax	NOUN
ftr-490	643	67	until	until	ADP
ftr-490	643	68	repayment	repayment	NOUN
ftr-490	643	69	.	.	PUNCT
ftr-490	644	1	"9	"9	ADJ
ftr-490	644	2	if	if	SCONJ
ftr-490	644	3	loan	loan	NOUN
ftr-490	644	4	proceeds	proceed	NOUN
ftr-490	644	5	were	be	AUX
ftr-490	644	6	taxed	tax	VERB
ftr-490	644	7	as	as	ADP
ftr-490	644	8	ordinary	ordinary	ADJ
ftr-490	644	9	income	income	NOUN
ftr-490	644	10	on	on	ADP
ftr-490	644	11	receipt	receipt	NOUN
ftr-490	644	12	,	,	PUNCT
ftr-490	644	13	then	then	ADV
ftr-490	644	14	the	the	DET
ftr-490	644	15	amounts	amount	NOUN
ftr-490	644	16	used	use	VERB
ftr-490	644	17	to	to	PART
ftr-490	644	18	pay	pay	VERB
ftr-490	644	19	off	off	ADP
ftr-490	644	20	the	the	DET
ftr-490	644	21	principal	principal	ADJ
ftr-490	644	22	amount	amount	NOUN
ftr-490	644	23	would	would	AUX
ftr-490	644	24	not	not	PART
ftr-490	644	25	be	be	AUX
ftr-490	644	26	taxed	tax	VERB
ftr-490	644	27	(	(	PUNCT
ftr-490	644	28	i.e.	i.e.	X
ftr-490	644	29	,	,	PUNCT
ftr-490	644	30	would	would	AUX
ftr-490	644	31	be	be	AUX
ftr-490	644	32	deductible).9	deductible).9	VERB
ftr-490	644	33	'	'	PART
ftr-490	644	34	coupling	coupling	NOUN
ftr-490	644	35	an	an	DET
ftr-490	644	36	up	up	ADJ
ftr-490	644	37	-	-	PUNCT
ftr-490	644	38	front	front	NOUN
ftr-490	644	39	exclusion	exclusion	NOUN
ftr-490	644	40	of	of	ADP
ftr-490	644	41	the	the	DET
ftr-490	644	42	loan	loan	NOUN
ftr-490	644	43	proceeds	proceed	NOUN
ftr-490	644	44	with	with	ADP
ftr-490	644	45	a	a	DET
ftr-490	644	46	back	back	ADJ
ftr-490	644	47	-	-	PUNCT
ftr-490	644	48	end	end	NOUN
ftr-490	644	49	,	,	PUNCT
ftr-490	644	50	87	87	NUM
ftr-490	644	51	.	.	PUNCT
ftr-490	645	1	i	i	PRON
ftr-490	645	2	d.	d.	PROPN
ftr-490	645	3	at	at	ADP
ftr-490	645	4	383	383	NUM
ftr-490	645	5	.	.	PUNCT
ftr-490	645	6	88	88	NUM
ftr-490	645	7	.	.	PUNCT
ftr-490	646	1	see	see	VERB
ftr-490	646	2	joseph	joseph	PROPN
ftr-490	646	3	m.	m.	PROPN
ftr-490	646	4	dodge	dodge	PROPN
ftr-490	646	5	,	,	PUNCT
ftr-490	646	6	the	the	DET
ftr-490	646	7	logic	logic	NOUN
ftr-490	646	8	of	of	ADP
ftr-490	646	9	tax	tax	NOUN
ftr-490	646	10	180	180	NUM
ftr-490	646	11	(	(	PUNCT
ftr-490	646	12	1989	1989	NUM
ftr-490	646	13	)	)	PUNCT
ftr-490	646	14	;	;	PUNCT
ftr-490	646	15	louis	louis	PROPN
ftr-490	646	16	a.	a.	PROPN
ftr-490	646	17	del	del	PROPN
ftr-490	646	18	cotto	cotto	PROPN
ftr-490	646	19	,	,	PUNCT
ftr-490	646	20	debt	debt	NOUN
ftr-490	646	21	discharge	discharge	NOUN
ftr-490	646	22	income	income	NOUN
ftr-490	646	23	:	:	PUNCT
ftr-490	646	24	kirby	kirby	PROPN
ftr-490	646	25	lumber	lumber	PROPN
ftr-490	646	26	revisited	revisit	VERB
ftr-490	646	27	under	under	ADP
ftr-490	646	28	the	the	DET
ftr-490	646	29	"	"	PUNCT
ftr-490	646	30	transactional	transactional	ADJ
ftr-490	646	31	equity	equity	NOUN
ftr-490	646	32	"	"	PUNCT
ftr-490	646	33	rule	rule	NOUN
ftr-490	646	34	of	of	ADP
ftr-490	646	35	hillsboro	hillsboro	PROPN
ftr-490	646	36	,	,	PUNCT
ftr-490	646	37	special	special	ADJ
ftr-490	646	38	report	report	NOUN
ftr-490	646	39	,	,	PUNCT
ftr-490	646	40	50	50	NUM
ftr-490	646	41	tax	tax	NOUN
ftr-490	646	42	notes	note	NOUN
ftr-490	646	43	761	761	NUM
ftr-490	646	44	,	,	PUNCT
ftr-490	646	45	764	764	NUM
ftr-490	646	46	(	(	PUNCT
ftr-490	646	47	feb	feb	PROPN
ftr-490	646	48	.	.	PROPN
ftr-490	646	49	18	18	NUM
ftr-490	646	50	,	,	PUNCT
ftr-490	646	51	1991	1991	NUM
ftr-490	646	52	)	)	PUNCT
ftr-490	646	53	(	(	PUNCT
ftr-490	646	54	both	both	PRON
ftr-490	646	55	noting	note	VERB
ftr-490	646	56	that	that	SCONJ
ftr-490	646	57	cod	cod	NOUN
ftr-490	646	58	income	income	NOUN
ftr-490	646	59	analysis	analysis	NOUN
ftr-490	646	60	can	can	AUX
ftr-490	646	61	be	be	AUX
ftr-490	646	62	explained	explain	VERB
ftr-490	646	63	under	under	ADP
ftr-490	646	64	the	the	DET
ftr-490	646	65	broad	broad	ADJ
ftr-490	646	66	articulation	articulation	NOUN
ftr-490	646	67	of	of	ADP
ftr-490	646	68	the	the	DET
ftr-490	646	69	tax	tax	NOUN
ftr-490	646	70	-	-	PUNCT
ftr-490	646	71	benefit	benefit	NOUN
ftr-490	646	72	theory	theory	NOUN
ftr-490	646	73	)	)	PUNCT
ftr-490	646	74	.	.	PUNCT
ftr-490	647	1	89	89	NUM
ftr-490	647	2	.	.	PUNCT
ftr-490	648	1	the	the	DET
ftr-490	648	2	fact	fact	NOUN
ftr-490	648	3	that	that	SCONJ
ftr-490	648	4	tax	tax	NOUN
ftr-490	648	5	-	-	PUNCT
ftr-490	648	6	exempt	exempt	ADJ
ftr-490	648	7	proceeds	proceed	NOUN
ftr-490	648	8	may	may	AUX
ftr-490	648	9	be	be	AUX
ftr-490	648	10	used	use	VERB
ftr-490	648	11	to	to	PART
ftr-490	648	12	repay	repay	VERB
ftr-490	648	13	the	the	DET
ftr-490	648	14	principal	principal	NOUN
ftr-490	648	15	of	of	ADP
ftr-490	648	16	a	a	DET
ftr-490	648	17	loan	loan	NOUN
ftr-490	648	18	,	,	PUNCT
ftr-490	648	19	such	such	ADJ
ftr-490	648	20	as	as	ADP
ftr-490	648	21	gift	gift	NOUN
ftr-490	648	22	proceeds	proceed	NOUN
ftr-490	648	23	under	under	ADP
ftr-490	648	24	section	section	NOUN
ftr-490	648	25	102	102	NUM
ftr-490	648	26	or	or	CCONJ
ftr-490	648	27	interest	interest	NOUN
ftr-490	648	28	received	receive	VERB
ftr-490	648	29	on	on	ADP
ftr-490	648	30	certain	certain	ADJ
ftr-490	648	31	state	state	NOUN
ftr-490	648	32	or	or	CCONJ
ftr-490	648	33	local	local	ADJ
ftr-490	648	34	bonds	bond	NOUN
ftr-490	648	35	under	under	ADP
ftr-490	648	36	section	section	NOUN
ftr-490	648	37	103	103	NUM
ftr-490	648	38	,	,	PUNCT
ftr-490	648	39	does	do	AUX
ftr-490	648	40	not	not	PART
ftr-490	648	41	undercut	undercut	VERB
ftr-490	648	42	the	the	DET
ftr-490	648	43	generalization	generalization	NOUN
ftr-490	648	44	.	.	PUNCT
ftr-490	649	1	congress	congress	PROPN
ftr-490	649	2	decided	decide	VERB
ftr-490	649	3	that	that	SCONJ
ftr-490	649	4	these	these	PRON
ftr-490	649	5	and	and	CCONJ
ftr-490	649	6	certain	certain	ADJ
ftr-490	649	7	other	other	ADJ
ftr-490	649	8	accessions	accession	NOUN
ftr-490	649	9	to	to	ADP
ftr-490	649	10	wealth	wealth	NOUN
ftr-490	649	11	should	should	AUX
ftr-490	649	12	be	be	AUX
ftr-490	649	13	free	free	ADJ
ftr-490	649	14	of	of	ADP
ftr-490	649	15	tax	tax	NOUN
ftr-490	649	16	,	,	PUNCT
ftr-490	649	17	and	and	CCONJ
ftr-490	649	18	the	the	DET
ftr-490	649	19	exemption	exemption	NOUN
ftr-490	649	20	should	should	AUX
ftr-490	649	21	not	not	PART
ftr-490	649	22	be	be	AUX
ftr-490	649	23	lost	lose	VERB
ftr-490	649	24	through	through	ADP
ftr-490	649	25	the	the	DET
ftr-490	649	26	back	back	ADJ
ftr-490	649	27	door	door	NOUN
ftr-490	649	28	by	by	ADP
ftr-490	649	29	taxing	tax	VERB
ftr-490	649	30	them	they	PRON
ftr-490	649	31	when	when	SCONJ
ftr-490	649	32	used	use	VERB
ftr-490	649	33	to	to	PART
ftr-490	649	34	repay	repay	VERB
ftr-490	649	35	the	the	DET
ftr-490	649	36	principal	principal	NOUN
ftr-490	649	37	of	of	ADP
ftr-490	649	38	a	a	DET
ftr-490	649	39	loan	loan	NOUN
ftr-490	649	40	.	.	PUNCT
ftr-490	650	1	the	the	DET
ftr-490	650	2	point	point	NOUN
ftr-490	650	3	is	be	AUX
ftr-490	650	4	that	that	SCONJ
ftr-490	650	5	the	the	DET
ftr-490	650	6	wealth	wealth	NOUN
ftr-490	650	7	used	use	VERB
ftr-490	650	8	to	to	PART
ftr-490	650	9	repay	repay	VERB
ftr-490	650	10	the	the	DET
ftr-490	650	11	loan	loan	NOUN
ftr-490	650	12	entered	enter	VERB
ftr-490	650	13	into	into	ADP
ftr-490	650	14	the	the	DET
ftr-490	650	15	tax	tax	NOUN
ftr-490	650	16	calculus	calculus	NOUN
ftr-490	650	17	,	,	PUNCT
ftr-490	650	18	resulting	result	VERB
ftr-490	650	19	in	in	ADP
ftr-490	650	20	tax	tax	NOUN
ftr-490	650	21	in	in	ADP
ftr-490	650	22	most	most	ADJ
ftr-490	650	23	cases	case	NOUN
ftr-490	650	24	and	and	CCONJ
ftr-490	650	25	exemption	exemption	NOUN
ftr-490	650	26	in	in	ADP
ftr-490	650	27	a	a	DET
ftr-490	650	28	few	few	ADJ
ftr-490	650	29	.	.	PUNCT
ftr-490	651	1	when	when	SCONJ
ftr-490	651	2	no	no	DET
ftr-490	651	3	wealth	wealth	NOUN
ftr-490	651	4	is	be	AUX
ftr-490	651	5	used	use	VERB
ftr-490	651	6	to	to	PART
ftr-490	651	7	repay	repay	VERB
ftr-490	651	8	a	a	DET
ftr-490	651	9	loan	loan	NOUN
ftr-490	651	10	,	,	PUNCT
ftr-490	651	11	the	the	DET
ftr-490	651	12	prior	prior	ADJ
ftr-490	651	13	exclusion	exclusion	NOUN
ftr-490	651	14	of	of	ADP
ftr-490	651	15	loan	loan	NOUN
ftr-490	651	16	proceeds	proceed	NOUN
ftr-490	651	17	is	be	AUX
ftr-490	651	18	no	no	ADV
ftr-490	651	19	longer	long	ADV
ftr-490	651	20	defensible	defensible	ADJ
ftr-490	651	21	.	.	PUNCT
ftr-490	652	1	90	90	NUM
ftr-490	652	2	.	.	PUNCT
ftr-490	652	3	popkin	popkin	PROPN
ftr-490	652	4	,	,	PUNCT
ftr-490	652	5	supra	supra	PROPN
ftr-490	652	6	note	note	NOUN
ftr-490	652	7	40	40	NUM
ftr-490	652	8	,	,	PUNCT
ftr-490	652	9	at	at	ADP
ftr-490	652	10	118	118	NUM
ftr-490	652	11	;	;	PUNCT
ftr-490	652	12	see	see	VERB
ftr-490	652	13	william	william	PROPN
ftr-490	652	14	d.	d.	PROPN
ftr-490	652	15	popkin	popkin	PROPN
ftr-490	652	16	,	,	PUNCT
ftr-490	652	17	the	the	DET
ftr-490	652	18	taxation	taxation	NOUN
ftr-490	652	19	of	of	ADP
ftr-490	652	20	borrowing	borrowing	NOUN
ftr-490	652	21	,	,	PUNCT
ftr-490	652	22	56	56	NUM
ftr-490	652	23	ind	ind	NOUN
ftr-490	652	24	.	.	PUNCT
ftr-490	653	1	l.j	l.j	PROPN
ftr-490	653	2	.	.	PROPN
ftr-490	654	1	43	43	NUM
ftr-490	654	2	(	(	PUNCT
ftr-490	654	3	1980	1980	NUM
ftr-490	654	4	)	)	PUNCT
ftr-490	654	5	.	.	PUNCT
ftr-490	655	1	91	91	NUM
ftr-490	655	2	.	.	PUNCT
ftr-490	656	1	see	see	VERB
ftr-490	656	2	boris	boris	PROPN
ftr-490	656	3	i.	i.	PROPN
ftr-490	656	4	bittker	bittker	PROPN
ftr-490	656	5	&	&	CCONJ
ftr-490	656	6	barton	barton	PROPN
ftr-490	656	7	h.	h.	PROPN
ftr-490	656	8	thompson	thompson	PROPN
ftr-490	656	9	,	,	PUNCT
ftr-490	656	10	jr	jr	PROPN
ftr-490	656	11	.	.	PROPN
ftr-490	656	12	,	,	PUNCT
ftr-490	656	13	income	income	NOUN
ftr-490	656	14	from	from	ADP
ftr-490	656	15	the	the	DET
ftr-490	656	16	discharge	discharge	NOUN
ftr-490	656	17	of	of	ADP
ftr-490	656	18	indebtedness	indebtedness	NOUN
ftr-490	656	19	:	:	PUNCT
ftr-490	656	20	the	the	DET
ftr-490	656	21	progeny	progeny	NOUN
ftr-490	656	22	of	of	ADP
ftr-490	656	23	united	united	PROPN
ftr-490	656	24	states	states	PROPN
ftr-490	656	25	v.	v.	PROPN
ftr-490	656	26	kirby	kirby	PROPN
ftr-490	656	27	lumber	lumber	PROPN
ftr-490	656	28	co.	co.	PROPN
ftr-490	656	29	,	,	PUNCT
ftr-490	656	30	66	66	NUM
ftr-490	656	31	cal	cal	NOUN
ftr-490	656	32	.	.	PUNCT
ftr-490	657	1	l.	l.	PROPN
ftr-490	657	2	rev	rev	PROPN
ftr-490	657	3	.	.	PROPN
ftr-490	657	4	1159	1159	NUM
ftr-490	657	5	,	,	PUNCT
ftr-490	657	6	1165	1165	NUM
ftr-490	657	7	-	-	SYM
ftr-490	657	8	66	66	NUM
ftr-490	657	9	(	(	PUNCT
ftr-490	657	10	1978	1978	NUM
ftr-490	657	11	):	):	PUNCT
ftr-490	657	12	were	be	AUX
ftr-490	657	13	we	we	PRON
ftr-490	657	14	blessed	bless	VERB
ftr-490	657	15	with	with	ADP
ftr-490	657	16	perfect	perfect	ADJ
ftr-490	657	17	foresight	foresight	NOUN
ftr-490	657	18	,	,	PUNCT
ftr-490	657	19	it	it	PRON
ftr-490	657	20	would	would	AUX
ftr-490	657	21	be	be	AUX
ftr-490	657	22	preferable	preferable	ADJ
ftr-490	657	23	to	to	PART
ftr-490	657	24	exclude	exclude	VERB
ftr-490	657	25	borrowed	borrow	VERB
ftr-490	657	26	funds	fund	NOUN
ftr-490	657	27	from	from	ADP
ftr-490	657	28	gross	gross	ADJ
ftr-490	657	29	income	income	NOUN
ftr-490	657	30	only	only	ADV
ftr-490	657	31	to	to	ADP
ftr-490	657	32	the	the	DET
ftr-490	657	33	extent	extent	NOUN
ftr-490	657	34	that	that	SCONJ
ftr-490	657	35	they	they	PRON
ftr-490	657	36	ultimately	ultimately	ADV
ftr-490	657	37	will	will	AUX
ftr-490	657	38	be	be	AUX
ftr-490	657	39	repaid	repay	VERB
ftr-490	657	40	and	and	CCONJ
ftr-490	657	41	to	to	PART
ftr-490	657	42	tax	tax	VERB
ftr-490	657	43	at	at	ADP
ftr-490	657	44	the	the	DET
ftr-490	657	45	outset	outset	NOUN
ftr-490	657	46	the	the	DET
ftr-490	657	47	amount	amount	NOUN
ftr-490	657	48	that	that	PRON
ftr-490	657	49	eventually	eventually	ADV
ftr-490	657	50	will	will	AUX
ftr-490	657	51	be	be	AUX
ftr-490	657	52	discharged	discharge	VERB
ftr-490	657	53	.	.	PUNCT
ftr-490	658	1	in	in	ADP
ftr-490	658	2	the	the	DET
ftr-490	658	3	absence	absence	NOUN
ftr-490	658	4	of	of	ADP
ftr-490	658	5	such	such	ADJ
ftr-490	658	6	prevision	prevision	NOUN
ftr-490	658	7	,	,	PUNCT
ftr-490	658	8	however	however	ADV
ftr-490	658	9	,	,	PUNCT
ftr-490	658	10	another	another	DET
ftr-490	658	11	solution	solution	NOUN
ftr-490	658	12	is	be	AUX
ftr-490	658	13	required	require	VERB
ftr-490	658	14	.	.	PUNCT
ftr-490	659	1	one	one	NUM
ftr-490	659	2	alternative	alternative	NOUN
ftr-490	659	3	would	would	AUX
ftr-490	659	4	be	be	AUX
ftr-490	659	5	to	to	PART
ftr-490	659	6	tax	tax	VERB
ftr-490	659	7	the	the	DET
ftr-490	659	8	entire	entire	ADJ
ftr-490	659	9	amount	amount	NOUN
ftr-490	659	10	borrowed	borrow	VERB
ftr-490	659	11	when	when	SCONJ
ftr-490	659	12	received	receive	VERB
ftr-490	659	13	and	and	CCONJ
ftr-490	659	14	to	to	PART
ftr-490	659	15	allow	allow	VERB
ftr-490	659	16	deductions	deduction	NOUN
ftr-490	659	17	only	only	ADV
ftr-490	659	18	as	as	SCONJ
ftr-490	659	19	the	the	DET
ftr-490	659	20	debt	debt	NOUN
ftr-490	659	21	is	be	AUX
ftr-490	659	22	paid	pay	VERB
ftr-490	659	23	back	back	ADV
ftr-490	659	24	.	.	PUNCT
ftr-490	660	1	but	but	CCONJ
ftr-490	660	2	since	since	SCONJ
ftr-490	660	3	most	most	ADJ
ftr-490	660	4	loans	loan	NOUN
ftr-490	660	5	are	be	AUX
ftr-490	660	6	in	in	ADP
ftr-490	660	7	fact	fact	NOUN
ftr-490	660	8	repaid	repay	VERB
ftr-490	660	9	in	in	ADP
ftr-490	660	10	full	full	ADJ
ftr-490	660	11	and	and	CCONJ
ftr-490	660	12	taxing	tax	VERB
ftr-490	660	13	the	the	DET
ftr-490	660	14	receipt	receipt	NOUN
ftr-490	660	15	would	would	AUX
ftr-490	660	16	impose	impose	VERB
ftr-490	660	17	a	a	DET
ftr-490	660	18	heavy	heavy	ADJ
ftr-490	660	19	front	front	ADJ
ftr-490	660	20	-	-	PUNCT
ftr-490	660	21	end	end	NOUN
ftr-490	660	22	burden	burden	NOUN
ftr-490	660	23	on	on	ADP
ftr-490	660	24	debt	debt	NOUN
ftr-490	660	25	financing	financing	NOUN
ftr-490	660	26	,	,	PUNCT
ftr-490	660	27	a	a	DET
ftr-490	660	28	better	well	ADJ
ftr-490	660	29	alternative	alternative	NOUN
ftr-490	660	30	is	be	AUX
ftr-490	660	31	the	the	DET
ftr-490	660	32	existing	exist	VERB
ftr-490	660	33	system	system	NOUN
ftr-490	660	34	of	of	ADP
ftr-490	660	35	excluding	exclude	VERB
ftr-490	660	36	the	the	DET
ftr-490	660	37	borrowed	borrow	VERB
ftr-490	660	38	funds	fund	NOUN
ftr-490	660	39	from	from	ADP
ftr-490	660	40	gross	gross	ADJ
ftr-490	660	41	income	income	NOUN
ftr-490	661	1	[	[	X
ftr-490	661	2	vol	vol	NOUN
ftr-490	661	3	1:3	1:3	NUM
ftr-490	661	4	tufts	tuft	NOUN
ftr-490	661	5	and	and	CCONJ
ftr-490	661	6	the	the	DET
ftr-490	661	7	evolttion	evolttion	NOUN
ftr-490	661	8	of	of	ADP
ftr-490	661	9	debt	debt	NOUN
ftr-490	661	10	-	-	PUNCT
ftr-490	661	11	discharge	discharge	NOUN
ftr-490	661	12	theory	theory	NOUN
ftr-490	661	13	tax	tax	NOUN
ftr-490	661	14	-	-	PUNCT
ftr-490	661	15	free	free	ADJ
ftr-490	661	16	repayment	repayment	NOUN
ftr-490	661	17	of	of	ADP
ftr-490	661	18	the	the	DET
ftr-490	661	19	principal	principal	ADJ
ftr-490	661	20	amount	amount	NOUN
ftr-490	661	21	would	would	AUX
ftr-490	661	22	allow	allow	VERB
ftr-490	661	23	an	an	DET
ftr-490	661	24	accession	accession	NOUN
ftr-490	661	25	to	to	ADP
ftr-490	661	26	wealth	wealth	NOUN
ftr-490	661	27	to	to	PART
ftr-490	661	28	escape	escape	VERB
ftr-490	661	29	taxation	taxation	NOUN
ftr-490	661	30	.	.	PUNCT
ftr-490	662	1	failure	failure	NOUN
ftr-490	662	2	to	to	PART
ftr-490	662	3	repay	repay	VERB
ftr-490	662	4	the	the	DET
ftr-490	662	5	loan	loan	NOUN
ftr-490	662	6	with	with	ADP
ftr-490	662	7	after	after	ADP
ftr-490	662	8	-	-	PUNCT
ftr-490	662	9	tax	tax	NOUN
ftr-490	662	10	dollars	dollar	NOUN
ftr-490	662	11	at	at	ADP
ftr-490	662	12	the	the	DET
ftr-490	662	13	back	back	ADJ
ftr-490	662	14	end	end	NOUN
ftr-490	662	15	(	(	PUNCT
ftr-490	662	16	which	which	PRON
ftr-490	662	17	occurs	occur	VERB
ftr-490	662	18	on	on	ADP
ftr-490	662	19	debt	debt	NOUN
ftr-490	662	20	discharge	discharge	NOUN
ftr-490	662	21	)	)	PUNCT
ftr-490	662	22	requires	require	VERB
ftr-490	662	23	,	,	PUNCT
ftr-490	662	24	in	in	ADP
ftr-490	662	25	essence	essence	NOUN
ftr-490	662	26	,	,	PUNCT
ftr-490	662	27	retroactive	retroactive	ADJ
ftr-490	662	28	taxation	taxation	NOUN
ftr-490	662	29	at	at	ADP
ftr-490	662	30	the	the	DET
ftr-490	662	31	front	front	ADJ
ftr-490	662	32	end	end	NOUN
ftr-490	662	33	.	.	PUNCT
ftr-490	663	1	the	the	DET
ftr-490	663	2	tax	tax	NOUN
ftr-490	663	3	bill	bill	NOUN
ftr-490	663	4	,	,	PUNCT
ftr-490	663	5	however	however	ADV
ftr-490	663	6	,	,	PUNCT
ftr-490	663	7	will	will	AUX
ftr-490	663	8	arise	arise	VERB
ftr-490	663	9	in	in	ADP
ftr-490	663	10	the	the	DET
ftr-490	663	11	year	year	NOUN
ftr-490	663	12	of	of	ADP
ftr-490	663	13	cancellation	cancellation	NOUN
ftr-490	663	14	;	;	PUNCT
ftr-490	663	15	the	the	DET
ftr-490	663	16	prior	prior	ADJ
ftr-490	663	17	year	year	NOUN
ftr-490	663	18	's	's	PART
ftr-490	663	19	return	return	NOUN
ftr-490	663	20	will	will	AUX
ftr-490	663	21	not	not	PART
ftr-490	663	22	be	be	AUX
ftr-490	663	23	reopened	reopen	VERB
ftr-490	663	24	.	.	PUNCT
ftr-490	664	1	this	this	DET
ftr-490	664	2	analysis	analysis	NOUN
ftr-490	664	3	is	be	AUX
ftr-490	664	4	analogous	analogous	ADJ
ftr-490	664	5	to	to	ADP
ftr-490	664	6	the	the	DET
ftr-490	664	7	treatment	treatment	NOUN
ftr-490	664	8	of	of	ADP
ftr-490	664	9	depreciation	depreciation	NOUN
ftr-490	664	10	recapture	recapture	NOUN
ftr-490	664	11	under	under	ADP
ftr-490	664	12	sections	section	NOUN
ftr-490	664	13	1245	1245	NUM
ftr-490	664	14	and	and	CCONJ
ftr-490	664	15	1250	1250	NUM
ftr-490	664	16	and	and	CCONJ
ftr-490	664	17	the	the	DET
ftr-490	664	18	repayment	repayment	NOUN
ftr-490	664	19	of	of	ADP
ftr-490	664	20	previously	previously	ADV
ftr-490	664	21	taxed	tax	VERB
ftr-490	664	22	income	income	NOUN
ftr-490	664	23	under	under	ADP
ftr-490	664	24	section	section	NOUN
ftr-490	664	25	1341	1341	NUM
ftr-490	664	26	,	,	PUNCT
ftr-490	664	27	each	each	PRON
ftr-490	664	28	of	of	ADP
ftr-490	664	29	which	which	PRON
ftr-490	664	30	,	,	PUNCT
ftr-490	664	31	like	like	ADP
ftr-490	664	32	section	section	NOUN
ftr-490	664	33	61(a)(12	61(a)(12	NUM
ftr-490	664	34	)	)	PUNCT
ftr-490	664	35	itself	itself	PRON
ftr-490	664	36	,	,	PUNCT
ftr-490	664	37	are	be	AUX
ftr-490	664	38	statutory	statutory	ADJ
ftr-490	664	39	provisions	provision	NOUN
ftr-490	664	40	that	that	PRON
ftr-490	664	41	smack	smack	VERB
ftr-490	664	42	of	of	ADP
ftr-490	664	43	the	the	DET
ftr-490	664	44	error	error	NOUN
ftr-490	664	45	-	-	PUNCT
ftr-490	664	46	correction	correction	NOUN
ftr-490	664	47	approach	approach	NOUN
ftr-490	664	48	apparent	apparent	ADJ
ftr-490	664	49	in	in	ADP
ftr-490	664	50	the	the	DET
ftr-490	664	51	broad	broad	ADJ
ftr-490	664	52	articulation	articulation	NOUN
ftr-490	664	53	of	of	ADP
ftr-490	664	54	the	the	DET
ftr-490	664	55	tax	tax	NOUN
ftr-490	664	56	-	-	PUNCT
ftr-490	664	57	benefit	benefit	NOUN
ftr-490	664	58	concept	concept	NOUN
ftr-490	664	59	.	.	PUNCT
ftr-490	665	1	in	in	ADP
ftr-490	665	2	each	each	DET
ftr-490	665	3	instance	instance	NOUN
ftr-490	665	4	,	,	PUNCT
ftr-490	665	5	the	the	DET
ftr-490	665	6	tax	tax	NOUN
ftr-490	665	7	treatment	treatment	NOUN
ftr-490	665	8	in	in	ADP
ftr-490	665	9	prior	prior	ADJ
ftr-490	665	10	years	year	NOUN
ftr-490	665	11	is	be	AUX
ftr-490	665	12	"	"	PUNCT
ftr-490	665	13	correct	correct	ADJ
ftr-490	665	14	"	"	PUNCT
ftr-490	665	15	when	when	SCONJ
ftr-490	665	16	made	make	VERB
ftr-490	665	17	in	in	ADP
ftr-490	665	18	the	the	DET
ftr-490	665	19	sense	sense	NOUN
ftr-490	665	20	that	that	SCONJ
ftr-490	665	21	it	it	PRON
ftr-490	665	22	is	be	AUX
ftr-490	665	23	based	base	VERB
ftr-490	665	24	on	on	ADP
ftr-490	665	25	certain	certain	ADJ
ftr-490	665	26	assumptions	assumption	NOUN
ftr-490	665	27	about	about	ADP
ftr-490	665	28	what	what	PRON
ftr-490	665	29	will	will	AUX
ftr-490	665	30	happen	happen	VERB
ftr-490	665	31	in	in	ADP
ftr-490	665	32	future	future	ADJ
ftr-490	665	33	years	year	NOUN
ftr-490	665	34	.	.	PUNCT
ftr-490	666	1	the	the	DET
ftr-490	666	2	exclusion	exclusion	NOUN
ftr-490	666	3	of	of	ADP
ftr-490	666	4	loan	loan	NOUN
ftr-490	666	5	proceeds	proceed	NOUN
ftr-490	666	6	is	be	AUX
ftr-490	666	7	correct	correct	ADJ
ftr-490	666	8	based	base	VERB
ftr-490	666	9	on	on	ADP
ftr-490	666	10	the	the	DET
ftr-490	666	11	assumption	assumption	NOUN
ftr-490	666	12	that	that	SCONJ
ftr-490	666	13	the	the	DET
ftr-490	666	14	loan	loan	NOUN
ftr-490	666	15	will	will	AUX
ftr-490	666	16	be	be	AUX
ftr-490	666	17	repaid	repay	VERB
ftr-490	666	18	with	with	ADP
ftr-490	666	19	after	after	ADP
ftr-490	666	20	-	-	PUNCT
ftr-490	666	21	tax	tax	NOUN
ftr-490	666	22	dollars	dollar	NOUN
ftr-490	666	23	in	in	ADP
ftr-490	666	24	the	the	DET
ftr-490	666	25	future	future	NOUN
ftr-490	666	26	;	;	PUNCT
ftr-490	666	27	the	the	DET
ftr-490	666	28	ordinary	ordinary	ADJ
ftr-490	666	29	depreciation	depreciation	NOUN
ftr-490	666	30	deductions	deduction	NOUN
ftr-490	666	31	are	be	AUX
ftr-490	666	32	correct	correct	ADJ
ftr-490	666	33	based	base	VERB
ftr-490	666	34	on	on	ADP
ftr-490	666	35	the	the	DET
ftr-490	666	36	assumption	assumption	NOUN
ftr-490	666	37	that	that	SCONJ
ftr-490	666	38	the	the	DET
ftr-490	666	39	deductions	deduction	NOUN
ftr-490	666	40	reflect	reflect	VERB
ftr-490	666	41	the	the	DET
ftr-490	666	42	cost	cost	NOUN
ftr-490	666	43	of	of	ADP
ftr-490	666	44	producing	produce	VERB
ftr-490	666	45	ordinary	ordinary	ADJ
ftr-490	666	46	business	business	NOUN
ftr-490	666	47	income	income	NOUN
ftr-490	666	48	and	and	CCONJ
ftr-490	666	49	the	the	DET
ftr-490	666	50	asset	asset	NOUN
ftr-490	666	51	will	will	AUX
ftr-490	666	52	be	be	AUX
ftr-490	666	53	consumed	consume	VERB
ftr-490	666	54	in	in	ADP
ftr-490	666	55	the	the	DET
ftr-490	666	56	business	business	NOUN
ftr-490	666	57	;	;	PUNCT
ftr-490	666	58	and	and	CCONJ
ftr-490	666	59	gross	gross	ADJ
ftr-490	666	60	income	income	NOUN
ftr-490	666	61	received	receive	VERB
ftr-490	666	62	in	in	ADP
ftr-490	666	63	the	the	DET
ftr-490	666	64	expectation	expectation	NOUN
ftr-490	666	65	that	that	SCONJ
ftr-490	666	66	the	the	DET
ftr-490	666	67	recipient	recipient	NOUN
ftr-490	666	68	has	have	AUX
ftr-490	666	69	the	the	DET
ftr-490	666	70	right	right	NOUN
ftr-490	666	71	to	to	PART
ftr-490	666	72	retain	retain	VERB
ftr-490	666	73	the	the	DET
ftr-490	666	74	income	income	NOUN
ftr-490	666	75	is	be	AUX
ftr-490	666	76	correctly	correctly	ADV
ftr-490	666	77	taxed	tax	VERB
ftr-490	666	78	on	on	ADP
ftr-490	666	79	receipt	receipt	NOUN
ftr-490	666	80	under	under	ADP
ftr-490	666	81	the	the	DET
ftr-490	666	82	rates	rate	NOUN
ftr-490	666	83	in	in	ADP
ftr-490	666	84	effect	effect	NOUN
ftr-490	666	85	for	for	ADP
ftr-490	666	86	that	that	DET
ftr-490	666	87	year	year	NOUN
ftr-490	666	88	.	.	PUNCT
ftr-490	667	1	but	but	CCONJ
ftr-490	667	2	in	in	ADP
ftr-490	667	3	each	each	DET
ftr-490	667	4	case	case	NOUN
ftr-490	667	5	the	the	DET
ftr-490	667	6	earlier	early	ADJ
ftr-490	667	7	tax	tax	NOUN
ftr-490	667	8	treatment	treatment	NOUN
ftr-490	667	9	turns	turn	VERB
ftr-490	667	10	out	out	ADP
ftr-490	667	11	to	to	PART
ftr-490	667	12	be	be	AUX
ftr-490	667	13	"	"	PUNCT
ftr-490	667	14	incorrect	incorrect	ADJ
ftr-490	667	15	"	"	PUNCT
ftr-490	667	16	in	in	ADP
ftr-490	667	17	the	the	DET
ftr-490	667	18	sense	sense	NOUN
ftr-490	667	19	that	that	SCONJ
ftr-490	667	20	the	the	DET
ftr-490	667	21	assumptions	assumption	NOUN
ftr-490	667	22	on	on	ADP
ftr-490	667	23	which	which	PRON
ftr-490	667	24	it	it	PRON
ftr-490	667	25	was	be	AUX
ftr-490	667	26	based	base	VERB
ftr-490	667	27	do	do	AUX
ftr-490	667	28	not	not	PART
ftr-490	667	29	hold	hold	VERB
ftr-490	667	30	true	true	ADJ
ftr-490	667	31	in	in	ADP
ftr-490	667	32	later	later	ADJ
ftr-490	667	33	years	year	NOUN
ftr-490	667	34	.	.	PUNCT
ftr-490	668	1	the	the	DET
ftr-490	668	2	money	money	NOUN
ftr-490	668	3	is	be	AUX
ftr-490	668	4	not	not	PART
ftr-490	668	5	paid	pay	VERB
ftr-490	668	6	back	back	ADV
ftr-490	668	7	;	;	PUNCT
ftr-490	668	8	the	the	DET
ftr-490	668	9	property	property	NOUN
ftr-490	668	10	is	be	AUX
ftr-490	668	11	not	not	PART
ftr-490	668	12	used	use	VERB
ftr-490	668	13	up	up	ADP
ftr-490	668	14	in	in	ADP
ftr-490	668	15	producing	produce	VERB
ftr-490	668	16	ordinary	ordinary	ADJ
ftr-490	668	17	income	income	NOUN
ftr-490	668	18	but	but	CCONJ
ftr-490	668	19	rather	rather	ADV
ftr-490	668	20	is	be	AUX
ftr-490	668	21	sold	sell	VERB
ftr-490	668	22	,	,	PUNCT
ftr-490	668	23	producing	produce	VERB
ftr-490	668	24	gain	gain	NOUN
ftr-490	668	25	;	;	PUNCT
ftr-490	668	26	and	and	CCONJ
ftr-490	668	27	the	the	DET
ftr-490	668	28	income	income	NOUN
ftr-490	668	29	taxed	tax	VERB
ftr-490	668	30	in	in	ADP
ftr-490	668	31	the	the	DET
ftr-490	668	32	year	year	NOUN
ftr-490	668	33	of	of	ADP
ftr-490	668	34	receipt	receipt	NOUN
ftr-490	668	35	must	must	AUX
ftr-490	668	36	be	be	AUX
ftr-490	668	37	repaid	repay	VERB
ftr-490	668	38	in	in	ADP
ftr-490	668	39	a	a	DET
ftr-490	668	40	year	year	NOUN
ftr-490	668	41	in	in	ADP
ftr-490	668	42	which	which	PRON
ftr-490	668	43	an	an	DET
ftr-490	668	44	offsetting	offset	VERB
ftr-490	668	45	deduction	deduction	NOUN
ftr-490	668	46	under	under	ADP
ftr-490	668	47	lower	low	ADJ
ftr-490	668	48	rates	rate	NOUN
ftr-490	668	49	will	will	AUX
ftr-490	668	50	not	not	PART
ftr-490	668	51	make	make	VERB
ftr-490	668	52	the	the	DET
ftr-490	668	53	taxpayer	taxpayer	NOUN
ftr-490	668	54	whole	whole	NOUN
ftr-490	668	55	.	.	PUNCT
ftr-490	669	1	the	the	DET
ftr-490	669	2	corrective	corrective	ADJ
ftr-490	669	3	mechanism	mechanism	NOUN
ftr-490	669	4	does	do	AUX
ftr-490	669	5	not	not	PART
ftr-490	669	6	open	open	VERB
ftr-490	669	7	up	up	ADP
ftr-490	669	8	the	the	DET
ftr-490	669	9	prior	prior	ADJ
ftr-490	669	10	year	year	NOUN
ftr-490	669	11	's	's	PART
ftr-490	669	12	return	return	NOUN
ftr-490	669	13	and	and	CCONJ
ftr-490	669	14	change	change	VERB
ftr-490	669	15	the	the	DET
ftr-490	669	16	tax	tax	NOUN
ftr-490	669	17	treatment	treatment	NOUN
ftr-490	669	18	in	in	ADP
ftr-490	669	19	the	the	DET
ftr-490	669	20	earlier	early	ADJ
ftr-490	669	21	year	year	NOUN
ftr-490	669	22	but	but	CCONJ
ftr-490	669	23	rather	rather	ADV
ftr-490	669	24	accounts	account	VERB
ftr-490	669	25	for	for	ADP
ftr-490	669	26	the	the	DET
ftr-490	669	27	change	change	NOUN
ftr-490	669	28	in	in	ADP
ftr-490	669	29	the	the	DET
ftr-490	669	30	prior	prior	ADJ
ftr-490	669	31	assumptions	assumption	NOUN
ftr-490	669	32	all	all	PRON
ftr-490	669	33	in	in	ADP
ftr-490	669	34	the	the	DET
ftr-490	669	35	year	year	NOUN
ftr-490	669	36	in	in	ADP
ftr-490	669	37	which	which	PRON
ftr-490	669	38	the	the	DET
ftr-490	669	39	changed	change	VERB
ftr-490	669	40	facts	fact	NOUN
ftr-490	669	41	occur	occur	VERB
ftr-490	669	42	.	.	PUNCT
ftr-490	670	1	as	as	SCONJ
ftr-490	670	2	justice	justice	PROPN
ftr-490	670	3	o'connor	o'connor	PROPN
ftr-490	670	4	phrased	phrase	VERB
ftr-490	670	5	it	it	PRON
ftr-490	670	6	,	,	PUNCT
ftr-490	670	7	"	"	PUNCT
ftr-490	670	8	the	the	DET
ftr-490	670	9	basic	basic	ADJ
ftr-490	670	10	purpose	purpose	NOUN
ftr-490	670	11	of	of	ADP
ftr-490	670	12	the	the	DET
ftr-490	670	13	tax	tax	NOUN
ftr-490	670	14	benefit	benefit	NOUN
ftr-490	670	15	rule	rule	NOUN
ftr-490	670	16	is	be	AUX
ftr-490	670	17	to	to	PART
ftr-490	670	18	achieve	achieve	VERB
ftr-490	670	19	rough	rough	ADJ
ftr-490	670	20	transactional	transactional	ADJ
ftr-490	670	21	parity	parity	NOUN
ftr-490	670	22	in	in	ADP
ftr-490	670	23	tax	tax	NOUN
ftr-490	670	24	,	,	PUNCT
ftr-490	670	25	and	and	CCONJ
ftr-490	670	26	to	to	PART
ftr-490	670	27	protect	protect	VERB
ftr-490	670	28	the	the	DET
ftr-490	670	29	government	government	NOUN
ftr-490	670	30	and	and	CCONJ
ftr-490	670	31	the	the	DET
ftr-490	670	32	taxpayer	taxpayer	NOUN
ftr-490	670	33	from	from	ADP
ftr-490	670	34	the	the	DET
ftr-490	670	35	adverse	adverse	ADJ
ftr-490	670	36	effects	effect	NOUN
ftr-490	670	37	of	of	ADP
ftr-490	670	38	reporting	report	VERB
ftr-490	670	39	a	a	DET
ftr-490	670	40	transaction	transaction	NOUN
ftr-490	670	41	on	on	ADP
ftr-490	670	42	the	the	DET
ftr-490	670	43	basis	basis	NOUN
ftr-490	670	44	of	of	ADP
ftr-490	670	45	assumptions	assumption	NOUN
ftr-490	670	46	that	that	PRON
ftr-490	670	47	an	an	DET
ftr-490	670	48	event	event	NOUN
ftr-490	670	49	in	in	ADP
ftr-490	670	50	a	a	DET
ftr-490	670	51	subsequent	subsequent	ADJ
ftr-490	670	52	year	year	NOUN
ftr-490	670	53	proves	prove	VERB
ftr-490	670	54	to	to	PART
ftr-490	670	55	have	have	AUX
ftr-490	670	56	been	be	AUX
ftr-490	670	57	erroneous	erroneous	ADJ
ftr-490	670	58	.	.	PUNCT
ftr-490	670	59	"	"	PUNCT
ftr-490	671	1	92	92	NUM
ftr-490	671	2	courts	court	NOUN
ftr-490	671	3	that	that	PRON
ftr-490	671	4	have	have	AUX
ftr-490	671	5	understood	understand	VERB
ftr-490	671	6	this	this	DET
ftr-490	671	7	relationship	relationship	NOUN
ftr-490	671	8	between	between	ADP
ftr-490	671	9	the	the	DET
ftr-490	671	10	initial	initial	ADJ
ftr-490	671	11	exclusion	exclusion	NOUN
ftr-490	671	12	of	of	ADP
ftr-490	671	13	debt	debt	NOUN
ftr-490	671	14	proceeds	proceed	NOUN
ftr-490	671	15	and	and	CCONJ
ftr-490	671	16	the	the	DET
ftr-490	671	17	potential	potential	ADJ
ftr-490	671	18	realization	realization	NOUN
ftr-490	671	19	of	of	ADP
ftr-490	671	20	cod	cod	NOUN
ftr-490	671	21	income	income	NOUN
ftr-490	671	22	on	on	ADP
ftr-490	671	23	discharge	discharge	NOUN
ftr-490	671	24	have	have	AUX
ftr-490	671	25	found	find	VERB
ftr-490	671	26	that	that	SCONJ
ftr-490	671	27	no	no	DET
ftr-490	671	28	cod	cod	NOUN
ftr-490	671	29	income	income	NOUN
ftr-490	671	30	arises	arise	VERB
ftr-490	671	31	when	when	SCONJ
ftr-490	671	32	a	a	DET
ftr-490	671	33	debt	debt	NOUN
ftr-490	671	34	is	be	AUX
ftr-490	671	35	cancelled	cancel	VERB
ftr-490	671	36	if	if	SCONJ
ftr-490	671	37	no	no	DET
ftr-490	671	38	tax	tax	NOUN
ftr-490	671	39	-	-	PUNCT
ftr-490	671	40	free	free	ADJ
ftr-490	671	41	loan	loan	NOUN
ftr-490	671	42	proceeds	proceed	NOUN
ftr-490	671	43	were	be	AUX
ftr-490	671	44	received	receive	VERB
ftr-490	671	45	in	in	ADP
ftr-490	671	46	the	the	DET
ftr-490	671	47	first	first	ADJ
ftr-490	671	48	instance	instance	NOUN
ftr-490	671	49	.	.	PUNCT
ftr-490	671	50	"	"	PUNCT
ftr-490	672	1	the	the	DET
ftr-490	672	2	first	first	ADJ
ftr-490	672	3	when	when	SCONJ
ftr-490	672	4	received	receive	VERB
ftr-490	672	5	and	and	CCONJ
ftr-490	672	6	requiring	require	VERB
ftr-490	672	7	the	the	DET
ftr-490	672	8	taxpayer	taxpayer	NOUN
ftr-490	672	9	to	to	PART
ftr-490	672	10	account	account	VERB
ftr-490	672	11	for	for	ADP
ftr-490	672	12	any	any	DET
ftr-490	672	13	subsequent	subsequent	ADJ
ftr-490	672	14	gain	gain	NOUN
ftr-490	672	15	from	from	ADP
ftr-490	672	16	settling	settle	VERB
ftr-490	672	17	the	the	DET
ftr-490	672	18	debt	debt	NOUN
ftr-490	672	19	for	for	ADP
ftr-490	672	20	less	less	ADJ
ftr-490	672	21	than	than	ADP
ftr-490	672	22	the	the	DET
ftr-490	672	23	amount	amount	NOUN
ftr-490	672	24	originally	originally	ADV
ftr-490	672	25	received	receive	VERB
ftr-490	672	26	.	.	PUNCT
ftr-490	673	1	92	92	NUM
ftr-490	673	2	.	.	PUNCT
ftr-490	674	1	hillsboro	hillsboro	PROPN
ftr-490	674	2	nat'l	nat'l	PROPN
ftr-490	674	3	batik	batik	NOUN
ftr-490	674	4	,	,	PUNCT
ftr-490	674	5	460	460	NUM
ftr-490	674	6	u.s	u.s	PROPN
ftr-490	674	7	.	.	PROPN
ftr-490	675	1	at	at	ADP
ftr-490	675	2	383	383	NUM
ftr-490	675	3	(	(	PUNCT
ftr-490	675	4	emphasis	emphasis	NOUN
ftr-490	675	5	added	add	VERB
ftr-490	675	6	)	)	PUNCT
ftr-490	675	7	(	(	PUNCT
ftr-490	675	8	citation	citation	NOUN
ftr-490	675	9	omitted	omit	VERB
ftr-490	675	10	)	)	PUNCT
ftr-490	675	11	.	.	PUNCT
ftr-490	676	1	93	93	NUM
ftr-490	676	2	.	.	PUNCT
ftr-490	677	1	professor	professor	NOUN
ftr-490	677	2	bittker	bittker	PROPN
ftr-490	677	3	unearthed	unearth	VERB
ftr-490	677	4	an	an	DET
ftr-490	677	5	interesting	interesting	ADJ
ftr-490	677	6	footnote	footnote	NOUN
ftr-490	677	7	to	to	ADP
ftr-490	677	8	the	the	DET
ftr-490	677	9	kirby	kirby	PROPN
ftr-490	677	10	lumber	lumber	NOUN
ftr-490	677	11	ease	ease	NOUN
ftr-490	677	12	which	which	PRON
ftr-490	677	13	may	may	AUX
ftr-490	677	14	have	have	AUX
ftr-490	677	15	made	make	VERB
ftr-490	677	16	it	it	PRON
ftr-490	677	17	an	an	DET
ftr-490	677	18	inopportune	inopportune	ADJ
ftr-490	677	19	vehicle	vehicle	NOUN
ftr-490	677	20	in	in	ADP
ftr-490	677	21	which	which	PRON
ftr-490	677	22	to	to	PART
ftr-490	677	23	enunciate	enunciate	VERB
ftr-490	677	24	the	the	DET
ftr-490	677	25	principle	principle	NOUN
ftr-490	677	26	that	that	SCONJ
ftr-490	677	27	the	the	DET
ftr-490	677	28	19921	19921	NUM
ftr-490	677	29	florida	florida	PROPN
ftr-490	677	30	tax	tax	NOUN
ftr-490	677	31	review	review	NOUN
ftr-490	677	32	step	step	NOUN
ftr-490	677	33	-	-	PUNCT
ftr-490	677	34	the	the	DET
ftr-490	677	35	receipt	receipt	NOUN
ftr-490	677	36	of	of	ADP
ftr-490	677	37	tax	tax	NOUN
ftr-490	677	38	-	-	PUNCT
ftr-490	677	39	free	free	ADJ
ftr-490	677	40	dollars	dollar	NOUN
ftr-490	677	41	that	that	PRON
ftr-490	677	42	represent	represent	VERB
ftr-490	677	43	real	real	ADJ
ftr-490	677	44	value	value	NOUN
ftr-490	677	45	in	in	ADP
ftr-490	677	46	the	the	DET
ftr-490	677	47	marketplace	marketplace	NOUN
ftr-490	677	48	-	-	PUNCT
ftr-490	677	49	is	be	AUX
ftr-490	677	50	critical	critical	ADJ
ftr-490	677	51	,	,	PUNCT
ftr-490	677	52	for	for	ADP
ftr-490	677	53	without	without	ADP
ftr-490	677	54	it	it	PRON
ftr-490	677	55	the	the	DET
ftr-490	677	56	discharge	discharge	NOUN
ftr-490	677	57	of	of	ADP
ftr-490	677	58	the	the	DET
ftr-490	677	59	obligation	obligation	NOUN
ftr-490	677	60	to	to	PART
ftr-490	677	61	pay	pay	VERB
ftr-490	677	62	dollars	dollar	NOUN
ftr-490	677	63	does	do	AUX
ftr-490	677	64	not	not	PART
ftr-490	677	65	result	result	VERB
ftr-490	677	66	in	in	ADP
ftr-490	677	67	an	an	DET
ftr-490	677	68	accession	accession	NOUN
ftr-490	677	69	to	to	ADP
ftr-490	677	70	wealth	wealth	NOUN
ftr-490	677	71	.	.	PUNCT
ftr-490	678	1	without	without	ADP
ftr-490	678	2	it	it	PRON
ftr-490	678	3	there	there	PRON
ftr-490	678	4	would	would	AUX
ftr-490	678	5	be	be	AUX
ftr-490	678	6	no	no	DET
ftr-490	678	7	prior	prior	ADJ
ftr-490	678	8	exclusion	exclusion	NOUN
ftr-490	678	9	in	in	ADP
ftr-490	678	10	need	need	NOUN
ftr-490	678	11	of	of	ADP
ftr-490	678	12	correction	correction	NOUN
ftr-490	678	13	on	on	ADP
ftr-490	678	14	the	the	DET
ftr-490	678	15	discharge	discharge	NOUN
ftr-490	678	16	.	.	PUNCT
ftr-490	679	1	for	for	ADP
ftr-490	679	2	example	example	NOUN
ftr-490	679	3	,	,	PUNCT
ftr-490	679	4	the	the	DET
ftr-490	679	5	second	second	ADJ
ftr-490	679	6	circuit	circuit	NOUN
ftr-490	679	7	held	hold	VERB
ftr-490	679	8	in	in	ADP
ftr-490	679	9	commissioner	commissioner	PROPN
ftr-490	679	10	v.	v.	ADP
ftr-490	679	11	rail	rail	PROPN
ftr-490	679	12	joint	joint	ADJ
ftr-490	679	13	co.94	co.94	PROPN
ftr-490	679	14	that	that	PRON
ftr-490	679	15	no	no	DET
ftr-490	679	16	cod	cod	NOUN
ftr-490	679	17	income	income	NOUN
ftr-490	679	18	arose	arise	VERB
ftr-490	679	19	on	on	ADP
ftr-490	679	20	repurchase	repurchase	NOUN
ftr-490	679	21	of	of	ADP
ftr-490	679	22	corporate	corporate	ADJ
ftr-490	679	23	bonds	bond	NOUN
ftr-490	679	24	at	at	ADP
ftr-490	679	25	a	a	DET
ftr-490	679	26	discount	discount	NOUN
ftr-490	679	27	when	when	SCONJ
ftr-490	679	28	the	the	DET
ftr-490	679	29	bonds	bond	NOUN
ftr-490	679	30	were	be	AUX
ftr-490	679	31	previously	previously	ADV
ftr-490	679	32	issued	issue	VERB
ftr-490	679	33	as	as	ADP
ftr-490	679	34	a	a	DET
ftr-490	679	35	nondeductible	nondeductible	ADJ
ftr-490	679	36	dividend	dividend	NOUN
ftr-490	679	37	.	.	PUNCT
ftr-490	680	1	95	95	NUM
ftr-490	681	1	"	"	PUNCT
ftr-490	681	2	the	the	DET
ftr-490	681	3	second	second	ADJ
ftr-490	681	4	circuit	circuit	NOUN
ftr-490	681	5	's	's	PART
ftr-490	681	6	decision	decision	NOUN
ftr-490	681	7	was	be	AUX
ftr-490	681	8	correct	correct	ADJ
ftr-490	681	9	because	because	SCONJ
ftr-490	681	10	the	the	DET
ftr-490	681	11	corporation	corporation	NOUN
ftr-490	681	12	had	have	AUX
ftr-490	681	13	not	not	PART
ftr-490	681	14	received	receive	VERB
ftr-490	681	15	any	any	DET
ftr-490	681	16	property	property	NOUN
ftr-490	681	17	or	or	CCONJ
ftr-490	681	18	cash	cash	NOUN
ftr-490	681	19	upon	upon	SCONJ
ftr-490	681	20	the	the	DET
ftr-490	681	21	issuance	issuance	NOUN
ftr-490	681	22	of	of	ADP
ftr-490	681	23	the	the	DET
ftr-490	681	24	bonds	bond	NOUN
ftr-490	681	25	.	.	PUNCT
ftr-490	682	1	therefore	therefore	ADV
ftr-490	682	2	,	,	PUNCT
ftr-490	682	3	the	the	DET
ftr-490	682	4	rail	rail	NOUN
ftr-490	682	5	joint	joint	NOUN
ftr-490	682	6	company	company	NOUN
ftr-490	682	7	realized	realize	VERB
ftr-490	682	8	no	no	DET
ftr-490	682	9	accession	accession	NOUN
ftr-490	682	10	to	to	ADP
ftr-490	682	11	wealth	wealth	NOUN
ftr-490	682	12	when	when	SCONJ
ftr-490	682	13	it	it	PRON
ftr-490	682	14	repurchased	repurchase	VERB
ftr-490	682	15	its	its	PRON
ftr-490	682	16	obligations	obligation	NOUN
ftr-490	682	17	at	at	ADP
ftr-490	682	18	a	a	DET
ftr-490	682	19	discount	discount	NOUN
ftr-490	682	20	.	.	PUNCT
ftr-490	683	1	"	"	PUNCT
ftr-490	683	2	"	"	PUNCT
ftr-490	683	3	similarly	similarly	ADV
ftr-490	683	4	,	,	PUNCT
ftr-490	683	5	a	a	DET
ftr-490	683	6	taxpayer	taxpayer	NOUN
ftr-490	683	7	whose	whose	DET
ftr-490	683	8	pledge	pledge	NOUN
ftr-490	683	9	of	of	ADP
ftr-490	683	10	money	money	NOUN
ftr-490	683	11	to	to	ADP
ftr-490	683	12	a	a	DET
ftr-490	683	13	charity	charity	NOUN
ftr-490	683	14	is	be	AUX
ftr-490	683	15	forgiven	forgive	VERB
ftr-490	683	16	realizes	realize	VERB
ftr-490	683	17	no	no	DET
ftr-490	683	18	cod	cod	NOUN
ftr-490	683	19	income	income	NOUN
ftr-490	683	20	.	.	PUNCT
ftr-490	684	1	notwithstanding	notwithstanding	ADP
ftr-490	684	2	that	that	PRON
ftr-490	684	3	upon	upon	SCONJ
ftr-490	684	4	discharge	discharge	NOUN
ftr-490	684	5	assets	asset	NOUN
ftr-490	684	6	previously	previously	ADV
ftr-490	684	7	subject	subject	ADJ
ftr-490	684	8	to	to	ADP
ftr-490	684	9	the	the	DET
ftr-490	684	10	liability	liability	NOUN
ftr-490	684	11	of	of	ADP
ftr-490	684	12	the	the	DET
ftr-490	684	13	pledge	pledge	NOUN
ftr-490	684	14	are	be	AUX
ftr-490	684	15	freed	free	VERB
ftr-490	684	16	from	from	ADP
ftr-490	684	17	that	that	DET
ftr-490	684	18	liability	liability	NOUN
ftr-490	684	19	in	in	ADP
ftr-490	684	20	the	the	DET
ftr-490	684	21	sense	sense	NOUN
ftr-490	684	22	of	of	ADP
ftr-490	684	23	kirby	kirby	PROPN
ftr-490	684	24	lumber	lumber	PROPN
ftr-490	684	25	,	,	PUNCT
ftr-490	684	26	"	"	PUNCT
ftr-490	684	27	the	the	DET
ftr-490	684	28	taxpayer	taxpayer	NOUN
ftr-490	684	29	did	do	AUX
ftr-490	684	30	not	not	PART
ftr-490	684	31	receive	receive	VERB
ftr-490	684	32	any	any	DET
ftr-490	684	33	potentially	potentially	ADV
ftr-490	684	34	taxable	taxable	ADJ
ftr-490	684	35	gain	gain	NOUN
ftr-490	684	36	when	when	SCONJ
ftr-490	684	37	he	he	PRON
ftr-490	684	38	incurred	incur	VERB
ftr-490	684	39	the	the	DET
ftr-490	684	40	debt	debt	NOUN
ftr-490	684	41	(	(	PUNCT
ftr-490	684	42	where	where	SCONJ
ftr-490	684	43	is	be	AUX
ftr-490	684	44	the	the	DET
ftr-490	684	45	gain	gain	NOUN
ftr-490	684	46	when	when	SCONJ
ftr-490	684	47	a	a	DET
ftr-490	684	48	taxpayer	taxpayer	NOUN
ftr-490	684	49	pledges	pledge	VERB
ftr-490	684	50	money	money	NOUN
ftr-490	684	51	discharge	discharge	NOUN
ftr-490	684	52	of	of	ADP
ftr-490	684	53	debt	debt	NOUN
ftr-490	684	54	produces	produce	VERB
ftr-490	684	55	gross	gross	ADJ
ftr-490	684	56	income	income	NOUN
ftr-490	684	57	.	.	PUNCT
ftr-490	685	1	it	it	PRON
ftr-490	685	2	appears	appear	VERB
ftr-490	685	3	that	that	SCONJ
ftr-490	685	4	the	the	DET
ftr-490	685	5	bonds	bond	NOUN
ftr-490	685	6	that	that	PRON
ftr-490	685	7	were	be	AUX
ftr-490	685	8	repurchased	repurchase	VERB
ftr-490	685	9	at	at	ADP
ftr-490	685	10	a	a	DET
ftr-490	685	11	discount	discount	NOUN
ftr-490	685	12	in	in	ADP
ftr-490	685	13	kirby	kirby	PROPN
ftr-490	685	14	lumber	lumber	PROPN
ftr-490	685	15	were	be	AUX
ftr-490	685	16	originally	originally	ADV
ftr-490	685	17	issued	issue	VERB
ftr-490	685	18	in	in	ADP
ftr-490	685	19	exchange	exchange	NOUN
ftr-490	685	20	for	for	ADP
ftr-490	685	21	the	the	DET
ftr-490	685	22	taxpayer	taxpayer	NOUN
ftr-490	685	23	's	's	PART
ftr-490	685	24	preferred	preferred	ADJ
ftr-490	685	25	stock	stock	NOUN
ftr-490	685	26	and	and	CCONJ
ftr-490	685	27	in	in	ADP
ftr-490	685	28	cancellation	cancellation	NOUN
ftr-490	685	29	of	of	ADP
ftr-490	685	30	dividend	dividend	NOUN
ftr-490	685	31	arrearages	arrearage	NOUN
ftr-490	685	32	on	on	ADP
ftr-490	685	33	that	that	DET
ftr-490	685	34	stock	stock	NOUN
ftr-490	685	35	.	.	PUNCT
ftr-490	686	1	the	the	DET
ftr-490	686	2	amount	amount	NOUN
ftr-490	686	3	originally	originally	ADV
ftr-490	686	4	received	receive	VERB
ftr-490	686	5	by	by	ADP
ftr-490	686	6	the	the	DET
ftr-490	686	7	corporation	corporation	NOUN
ftr-490	686	8	for	for	ADP
ftr-490	686	9	the	the	DET
ftr-490	686	10	stock	stock	NOUN
ftr-490	686	11	is	be	AUX
ftr-490	686	12	unclear	unclear	ADJ
ftr-490	686	13	.	.	PUNCT
ftr-490	687	1	see	see	VERB
ftr-490	687	2	boris	boris	PROPN
ftr-490	687	3	i.	i.	PROPN
ftr-490	687	4	bittker	bittker	PROPN
ftr-490	687	5	,	,	PUNCT
ftr-490	687	6	income	income	NOUN
ftr-490	687	7	from	from	ADP
ftr-490	687	8	the	the	DET
ftr-490	687	9	cancellation	cancellation	NOUN
ftr-490	687	10	of	of	ADP
ftr-490	687	11	indebtedness	indebtedness	NOUN
ftr-490	687	12	:	:	PUNCT
ftr-490	687	13	a	a	DET
ftr-490	687	14	historical	historical	ADJ
ftr-490	687	15	footnote	footnote	NOUN
ftr-490	687	16	to	to	ADP
ftr-490	687	17	the	the	DET
ftr-490	687	18	kirby	kirby	PROPN
ftr-490	687	19	lumber	lumber	NOUN
ftr-490	687	20	case	case	NOUN
ftr-490	687	21	,	,	PUNCT
ftr-490	687	22	4	4	NUM
ftr-490	687	23	j.	j.	PROPN
ftr-490	687	24	corp	corp	PROPN
ftr-490	687	25	.	.	PROPN
ftr-490	687	26	tax'n	tax'n	ADV
ftr-490	687	27	124	124	NUM
ftr-490	687	28	(	(	PUNCT
ftr-490	687	29	1977	1977	NUM
ftr-490	687	30	)	)	PUNCT
ftr-490	687	31	.	.	PUNCT
ftr-490	688	1	94	94	NUM
ftr-490	688	2	.	.	X
ftr-490	688	3	61	61	NUM
ftr-490	688	4	f.2d	f.2d	NOUN
ftr-490	688	5	751	751	NUM
ftr-490	688	6	(	(	PUNCT
ftr-490	688	7	2d	2d	NUM
ftr-490	688	8	cir	cir	NOUN
ftr-490	688	9	.	.	PUNCT
ftr-490	688	10	1932	1932	NUM
ftr-490	688	11	)	)	PUNCT
ftr-490	688	12	.	.	PUNCT
ftr-490	689	1	95	95	NUM
ftr-490	689	2	.	.	PUNCT
ftr-490	690	1	the	the	DET
ftr-490	690	2	second	second	ADJ
ftr-490	690	3	circuit	circuit	NOUN
ftr-490	690	4	was	be	AUX
ftr-490	690	5	prescient	prescient	ADJ
ftr-490	690	6	in	in	ADP
ftr-490	690	7	its	its	PRON
ftr-490	690	8	view	view	NOUN
ftr-490	690	9	of	of	ADP
ftr-490	690	10	cod	cod	NOUN
ftr-490	690	11	income	income	NOUN
ftr-490	690	12	.	.	PUNCT
ftr-490	691	1	the	the	DET
ftr-490	691	2	case	case	NOUN
ftr-490	691	3	predated	predate	VERB
ftr-490	691	4	by	by	ADP
ftr-490	691	5	many	many	ADJ
ftr-490	691	6	years	year	NOUN
ftr-490	691	7	the	the	DET
ftr-490	691	8	current	current	ADJ
ftr-490	691	9	thinking	thinking	NOUN
ftr-490	691	10	recounted	recount	VERB
ftr-490	691	11	in	in	ADP
ftr-490	691	12	the	the	DET
ftr-490	691	13	text	text	NOUN
ftr-490	691	14	.	.	PUNCT
ftr-490	692	1	but	but	CCONJ
ftr-490	692	2	see	see	VERB
ftr-490	692	3	del	del	PROPN
ftr-490	692	4	cotto	cotto	PROPN
ftr-490	692	5	,	,	PUNCT
ftr-490	692	6	supra	supra	PROPN
ftr-490	692	7	note	note	PROPN
ftr-490	692	8	88	88	NUM
ftr-490	692	9	,	,	PUNCT
ftr-490	692	10	at	at	ADP
ftr-490	692	11	768	768	NUM
ftr-490	692	12	n.54	n.54	NOUN
ftr-490	692	13	(	(	PUNCT
ftr-490	692	14	criticizing	criticize	VERB
ftr-490	692	15	rail	rail	NOUN
ftr-490	692	16	joint	joint	NOUN
ftr-490	692	17	by	by	ADP
ftr-490	692	18	arguing	argue	VERB
ftr-490	692	19	that	that	SCONJ
ftr-490	692	20	the	the	DET
ftr-490	692	21	corporation	corporation	NOUN
ftr-490	692	22	did	do	AUX
ftr-490	692	23	receive	receive	VERB
ftr-490	692	24	value	value	NOUN
ftr-490	692	25	in	in	ADP
ftr-490	692	26	the	the	DET
ftr-490	692	27	form	form	NOUN
ftr-490	692	28	of	of	ADP
ftr-490	692	29	"	"	PUNCT
ftr-490	692	30	corporate	corporate	ADJ
ftr-490	692	31	satisfaction	satisfaction	NOUN
ftr-490	692	32	and	and	CCONJ
ftr-490	692	33	gratification	gratification	NOUN
ftr-490	692	34	"	"	PUNCT
ftr-490	692	35	upon	upon	SCONJ
ftr-490	692	36	the	the	DET
ftr-490	692	37	distribution	distribution	NOUN
ftr-490	692	38	of	of	ADP
ftr-490	692	39	the	the	DET
ftr-490	692	40	dividend	dividend	NOUN
ftr-490	692	41	notes	note	NOUN
ftr-490	692	42	)	)	PUNCT
ftr-490	692	43	.	.	PUNCT
ftr-490	693	1	rail	rail	NOUN
ftr-490	693	2	joint	joint	NOUN
ftr-490	693	3	has	have	AUX
ftr-490	693	4	been	be	AUX
ftr-490	693	5	relied	rely	VERB
ftr-490	693	6	upon	upon	SCONJ
ftr-490	693	7	as	as	ADV
ftr-490	693	8	recently	recently	ADV
ftr-490	693	9	as	as	ADP
ftr-490	693	10	1988	1988	NUM
ftr-490	693	11	.	.	PUNCT
ftr-490	694	1	in	in	ADP
ftr-490	694	2	united	united	PROPN
ftr-490	694	3	states	states	PROPN
ftr-490	694	4	steel	steel	PROPN
ftr-490	694	5	corp	corp	PROPN
ftr-490	694	6	.	.	PROPN
ftr-490	694	7	v.	v.	PROPN
ftr-490	694	8	united	united	PROPN
ftr-490	694	9	states	states	PROPN
ftr-490	694	10	,	,	PUNCT
ftr-490	694	11	848	848	NUM
ftr-490	694	12	f.2d	f.2d	NUM
ftr-490	694	13	1232	1232	NUM
ftr-490	694	14	(	(	PUNCT
ftr-490	694	15	fed	fed	PROPN
ftr-490	694	16	.	.	PUNCT
ftr-490	694	17	cir	cir	PROPN
ftr-490	694	18	.	.	PROPN
ftr-490	694	19	1988	1988	NUM
ftr-490	694	20	)	)	PUNCT
ftr-490	694	21	,	,	PUNCT
ftr-490	694	22	u.s	u.s	PROPN
ftr-490	694	23	.	.	PROPN
ftr-490	694	24	steel	steel	NOUN
ftr-490	694	25	repurchased	repurchase	VERB
ftr-490	694	26	its	its	PRON
ftr-490	694	27	debt	debt	NOUN
ftr-490	694	28	instruments	instrument	NOUN
ftr-490	694	29	for	for	ADP
ftr-490	694	30	cash	cash	NOUN
ftr-490	694	31	.	.	PUNCT
ftr-490	695	1	the	the	DET
ftr-490	695	2	debt	debt	NOUN
ftr-490	695	3	had	have	AUX
ftr-490	695	4	originally	originally	ADV
ftr-490	695	5	been	be	AUX
ftr-490	695	6	issued	issue	VERB
ftr-490	695	7	in	in	ADP
ftr-490	695	8	exchange	exchange	NOUN
ftr-490	695	9	for	for	ADP
ftr-490	695	10	preferred	preferred	ADJ
ftr-490	695	11	stock	stock	NOUN
ftr-490	695	12	which	which	PRON
ftr-490	695	13	in	in	ADP
ftr-490	695	14	turn	turn	NOUN
ftr-490	695	15	had	have	AUX
ftr-490	695	16	originally	originally	ADV
ftr-490	695	17	been	be	AUX
ftr-490	695	18	issued	issue	VERB
ftr-490	695	19	for	for	ADP
ftr-490	695	20	cash	cash	NOUN
ftr-490	695	21	.	.	PUNCT
ftr-490	696	1	in	in	ADP
ftr-490	696	2	determining	determine	VERB
ftr-490	696	3	whether	whether	SCONJ
ftr-490	696	4	any	any	DET
ftr-490	696	5	cod	cod	NOUN
ftr-490	696	6	income	income	NOUN
ftr-490	696	7	arose	arise	VERB
ftr-490	696	8	on	on	ADP
ftr-490	696	9	the	the	DET
ftr-490	696	10	debt	debt	NOUN
ftr-490	696	11	repurchase	repurchase	NOUN
ftr-490	696	12	,	,	PUNCT
ftr-490	696	13	the	the	DET
ftr-490	696	14	federal	federal	ADJ
ftr-490	696	15	circuit	circuit	NOUN
ftr-490	696	16	,	,	PUNCT
ftr-490	696	17	relying	rely	VERB
ftr-490	696	18	in	in	ADP
ftr-490	696	19	part	part	NOUN
ftr-490	696	20	on	on	ADP
ftr-490	696	21	rail	rail	NOUN
ftr-490	696	22	joint	joint	NOUN
ftr-490	696	23	,	,	PUNCT
ftr-490	696	24	required	require	VERB
ftr-490	696	25	a	a	DET
ftr-490	696	26	comparison	comparison	NOUN
ftr-490	696	27	between	between	ADP
ftr-490	696	28	the	the	DET
ftr-490	696	29	repurchase	repurchase	NOUN
ftr-490	696	30	price	price	NOUN
ftr-490	696	31	and	and	CCONJ
ftr-490	696	32	the	the	DET
ftr-490	696	33	amount	amount	NOUN
ftr-490	696	34	of	of	ADP
ftr-490	696	35	cash	cash	NOUN
ftr-490	696	36	originally	originally	ADV
ftr-490	696	37	received	receive	VERB
ftr-490	696	38	by	by	ADP
ftr-490	696	39	u.s	u.s	PROPN
ftr-490	696	40	.	.	PROPN
ftr-490	696	41	steel	steel	NOUN
ftr-490	696	42	on	on	ADP
ftr-490	696	43	issuance	issuance	NOUN
ftr-490	696	44	of	of	ADP
ftr-490	696	45	the	the	DET
ftr-490	696	46	preferred	preferred	ADJ
ftr-490	696	47	stock	stock	NOUN
ftr-490	696	48	,	,	PUNCT
ftr-490	696	49	not	not	PART
ftr-490	696	50	the	the	DET
ftr-490	696	51	value	value	NOUN
ftr-490	696	52	of	of	ADP
ftr-490	696	53	that	that	DET
ftr-490	696	54	stock	stock	NOUN
ftr-490	696	55	at	at	ADP
ftr-490	696	56	the	the	DET
ftr-490	696	57	time	time	NOUN
ftr-490	696	58	of	of	ADP
ftr-490	696	59	the	the	DET
ftr-490	696	60	stock	stock	NOUN
ftr-490	696	61	-	-	PUNCT
ftr-490	696	62	for	for	ADP
ftr-490	696	63	-	-	PUNCT
ftr-490	696	64	debt	debt	NOUN
ftr-490	696	65	exchange	exchange	NOUN
ftr-490	696	66	.	.	PUNCT
ftr-490	697	1	the	the	DET
ftr-490	697	2	court	court	NOUN
ftr-490	697	3	held	hold	VERB
ftr-490	697	4	that	that	SCONJ
ftr-490	697	5	u.s	u.s	PROPN
ftr-490	697	6	steel	steel	NOUN
ftr-490	697	7	realized	realize	VERB
ftr-490	697	8	no	no	DET
ftr-490	697	9	cod	cod	NOUN
ftr-490	697	10	income	income	NOUN
ftr-490	697	11	as	as	SCONJ
ftr-490	697	12	the	the	DET
ftr-490	697	13	cash	cash	NOUN
ftr-490	697	14	originally	originally	ADV
ftr-490	697	15	received	receive	VERB
ftr-490	697	16	was	be	AUX
ftr-490	697	17	less	less	ADJ
ftr-490	697	18	than	than	ADP
ftr-490	697	19	the	the	DET
ftr-490	697	20	amount	amount	NOUN
ftr-490	697	21	paid	pay	VERB
ftr-490	697	22	to	to	PART
ftr-490	697	23	repurchase	repurchase	VERB
ftr-490	697	24	the	the	DET
ftr-490	697	25	bonds	bond	NOUN
ftr-490	697	26	.	.	PUNCT
ftr-490	698	1	for	for	ADP
ftr-490	698	2	an	an	DET
ftr-490	698	3	interesting	interesting	ADJ
ftr-490	698	4	colloquy	colloquy	NOUN
ftr-490	698	5	between	between	ADP
ftr-490	698	6	professors	professor	NOUN
ftr-490	698	7	gunn	gunn	PROPN
ftr-490	698	8	and	and	CCONJ
ftr-490	698	9	shakow	shakow	VERB
ftr-490	698	10	surrounding	surround	VERB
ftr-490	698	11	this	this	DET
ftr-490	698	12	case	case	NOUN
ftr-490	698	13	,	,	PUNCT
ftr-490	698	14	see	see	VERB
ftr-490	698	15	alan	alan	PROPN
ftr-490	698	16	gunn	gunn	PROPN
ftr-490	698	17	,	,	PUNCT
ftr-490	698	18	reconciling	reconcile	VERB
ftr-490	698	19	united	united	PROPN
ftr-490	698	20	states	states	PROPN
ftr-490	698	21	steel	steel	PROPN
ftr-490	698	22	and	and	CCONJ
ftr-490	698	23	kirby	kirby	PROPN
ftr-490	698	24	lumber	lumber	PROPN
ftr-490	698	25	,	,	PUNCT
ftr-490	698	26	special	special	ADJ
ftr-490	698	27	report	report	NOUN
ftr-490	698	28	,	,	PUNCT
ftr-490	698	29	42	42	NUM
ftr-490	698	30	tax	tax	NOUN
ftr-490	698	31	notes	note	NOUN
ftr-490	698	32	851	851	NUM
ftr-490	698	33	(	(	PUNCT
ftr-490	698	34	feb	feb	PROPN
ftr-490	698	35	.	.	PROPN
ftr-490	698	36	13	13	NUM
ftr-490	698	37	,	,	PUNCT
ftr-490	698	38	1989	1989	NUM
ftr-490	698	39	)	)	PUNCT
ftr-490	698	40	;	;	PUNCT
ftr-490	698	41	david	david	PROPN
ftr-490	698	42	j.	j.	PROPN
ftr-490	698	43	shakow	shakow	PROPN
ftr-490	698	44	,	,	PUNCT
ftr-490	698	45	united	united	PROPN
ftr-490	698	46	states	states	PROPN
ftr-490	698	47	steel	steel	PROPN
ftr-490	698	48	and	and	CCONJ
ftr-490	698	49	kirby	kirby	PROPN
ftr-490	698	50	lumber	lumber	PROPN
ftr-490	698	51	:	:	PUNCT
ftr-490	698	52	another	another	DET
ftr-490	698	53	view	view	NOUN
ftr-490	698	54	,	,	PUNCT
ftr-490	698	55	special	special	ADJ
ftr-490	698	56	report	report	NOUN
ftr-490	698	57	,	,	PUNCT
ftr-490	698	58	42	42	NUM
ftr-490	698	59	tax	tax	NOUN
ftr-490	698	60	notes	note	NOUN
ftr-490	698	61	1371	1371	NUM
ftr-490	698	62	(	(	PUNCT
ftr-490	698	63	march	march	PROPN
ftr-490	698	64	13	13	NUM
ftr-490	698	65	,	,	PUNCT
ftr-490	698	66	1989	1989	NUM
ftr-490	698	67	)	)	PUNCT
ftr-490	698	68	;	;	PUNCT
ftr-490	698	69	alan	alan	PROPN
ftr-490	698	70	gunn	gunn	PROPN
ftr-490	698	71	,	,	PUNCT
ftr-490	698	72	united	united	PROPN
ftr-490	698	73	states	states	PROPN
ftr-490	698	74	steel	steel	PROPN
ftr-490	698	75	and	and	CCONJ
ftr-490	698	76	the	the	DET
ftr-490	698	77	functional	functional	ADJ
ftr-490	698	78	approach	approach	NOUN
ftr-490	698	79	to	to	ADP
ftr-490	698	80	legal	legal	ADJ
ftr-490	698	81	problems	problem	NOUN
ftr-490	698	82	,	,	PUNCT
ftr-490	698	83	special	special	ADJ
ftr-490	698	84	report	report	NOUN
ftr-490	698	85	,	,	PUNCT
ftr-490	698	86	43	43	NUM
ftr-490	698	87	tax	tax	NOUN
ftr-490	698	88	notes	note	NOUN
ftr-490	698	89	213	213	NUM
ftr-490	698	90	(	(	PUNCT
ftr-490	698	91	april	april	PROPN
ftr-490	698	92	10	10	NUM
ftr-490	698	93	,	,	PUNCT
ftr-490	698	94	1989	1989	NUM
ftr-490	698	95	)	)	PUNCT
ftr-490	698	96	;	;	PUNCT
ftr-490	698	97	david	david	PROPN
ftr-490	698	98	j.	j.	PROPN
ftr-490	698	99	shakow	shakow	PROPN
ftr-490	698	100	,	,	PUNCT
ftr-490	698	101	a	a	DET
ftr-490	698	102	short	short	ADJ
ftr-490	698	103	retort	retort	NOUN
ftr-490	698	104	on	on	ADP
ftr-490	698	105	united	united	PROPN
ftr-490	698	106	states	states	PROPN
ftr-490	698	107	steel	steel	PROPN
ftr-490	698	108	,	,	PUNCT
ftr-490	698	109	letter	letter	NOUN
ftr-490	698	110	to	to	ADP
ftr-490	698	111	the	the	DET
ftr-490	698	112	editor	editor	NOUN
ftr-490	698	113	,	,	PUNCT
ftr-490	698	114	43	43	NUM
ftr-490	698	115	tax	tax	NOUN
ftr-490	698	116	notes	note	NOUN
ftr-490	698	117	1173	1173	NUM
ftr-490	698	118	(	(	PUNCT
ftr-490	698	119	may	may	PROPN
ftr-490	698	120	29	29	NUM
ftr-490	698	121	,	,	PUNCT
ftr-490	698	122	1989	1989	NUM
ftr-490	698	123	)	)	PUNCT
ftr-490	698	124	;	;	PUNCT
ftr-490	698	125	alan	alan	PROPN
ftr-490	698	126	gunn	gunn	PROPN
ftr-490	698	127	,	,	PUNCT
ftr-490	698	128	gunn	gunn	PROPN
ftr-490	698	129	's	's	PART
ftr-490	698	130	reply	reply	NOUN
ftr-490	698	131	,	,	PUNCT
ftr-490	698	132	letter	letter	NOUN
ftr-490	698	133	to	to	ADP
ftr-490	698	134	the	the	DET
ftr-490	698	135	editor	editor	NOUN
ftr-490	698	136	,	,	PUNCT
ftr-490	698	137	43	43	NUM
ftr-490	698	138	tax	tax	NOUN
ftr-490	698	139	notes	note	NOUN
ftr-490	698	140	1174	1174	NUM
ftr-490	698	141	(	(	PUNCT
ftr-490	698	142	may	may	PROPN
ftr-490	698	143	29	29	NUM
ftr-490	698	144	,	,	PUNCT
ftr-490	698	145	1989	1989	NUM
ftr-490	698	146	)	)	PUNCT
ftr-490	698	147	.	.	PUNCT
ftr-490	699	1	see	see	VERB
ftr-490	699	2	also	also	ADV
ftr-490	699	3	elliot	elliot	PROPN
ftr-490	699	4	pisem	pisem	PROPN
ftr-490	699	5	,	,	PUNCT
ftr-490	699	6	more	more	ADJ
ftr-490	699	7	on	on	ADP
ftr-490	699	8	united	united	PROPN
ftr-490	699	9	states	states	PROPN
ftr-490	699	10	steel	steel	NOUN
ftr-490	699	11	corporation	corporation	NOUN
ftr-490	699	12	,	,	PUNCT
ftr-490	699	13	letter	letter	NOUN
ftr-490	699	14	to	to	ADP
ftr-490	699	15	the	the	DET
ftr-490	699	16	editor	editor	NOUN
ftr-490	699	17	,	,	PUNCT
ftr-490	699	18	43	43	NUM
ftr-490	699	19	tax	tax	NOUN
ftr-490	699	20	notes	note	NOUN
ftr-490	699	21	1414	1414	NUM
ftr-490	699	22	(	(	PUNCT
ftr-490	699	23	june	june	PROPN
ftr-490	699	24	12	12	NUM
ftr-490	699	25	,	,	PUNCT
ftr-490	699	26	1989	1989	NUM
ftr-490	699	27	)	)	PUNCT
ftr-490	699	28	.	.	PUNCT
ftr-490	700	1	96	96	NUM
ftr-490	700	2	.	.	PUNCT
ftr-490	700	3	witt	witt	PROPN
ftr-490	700	4	&	&	CCONJ
ftr-490	700	5	lyons	lyons	PROPN
ftr-490	700	6	,	,	PUNCT
ftr-490	700	7	supra	supra	PROPN
ftr-490	700	8	note	note	PROPN
ftr-490	700	9	8	8	NUM
ftr-490	700	10	,	,	PUNCT
ftr-490	700	11	at	at	ADP
ftr-490	700	12	8	8	NUM
ftr-490	700	13	(	(	PUNCT
ftr-490	700	14	footnotes	footnote	NOUN
ftr-490	700	15	omitted	omit	VERB
ftr-490	700	16	)	)	PUNCT
ftr-490	700	17	.	.	PUNCT
ftr-490	701	1	[	[	X
ftr-490	701	2	vol	vol	NOUN
ftr-490	701	3	1:3	1:3	NUM
ftr-490	701	4	tufts	tuft	NOUN
ftr-490	701	5	and	and	CCONJ
ftr-490	701	6	the	the	DET
ftr-490	701	7	evolution	evolution	NOUN
ftr-490	701	8	of	of	ADP
ftr-490	701	9	debt	debt	NOUN
ftr-490	701	10	-	-	PUNCT
ftr-490	701	11	discharge	discharge	NOUN
ftr-490	701	12	theory	theory	NOUN
ftr-490	701	13	to	to	ADP
ftr-490	701	14	a	a	DET
ftr-490	701	15	charity	charity	NOUN
ftr-490	701	16	?	?	PUNCT
ftr-490	701	17	)	)	PUNCT
ftr-490	701	18	.	.	PUNCT
ftr-490	702	1	97	97	NUM
ftr-490	702	2	the	the	DET
ftr-490	702	3	government	government	NOUN
ftr-490	702	4	and	and	CCONJ
ftr-490	702	5	the	the	DET
ftr-490	702	6	courts	court	NOUN
ftr-490	702	7	have	have	AUX
ftr-490	702	8	begun	begin	VERB
ftr-490	702	9	to	to	PART
ftr-490	702	10	focus	focus	VERB
ftr-490	702	11	more	more	ADV
ftr-490	702	12	openly	openly	ADV
ftr-490	702	13	on	on	ADP
ftr-490	702	14	the	the	DET
ftr-490	702	15	tax	tax	NOUN
ftr-490	702	16	-	-	PUNCT
ftr-490	702	17	benefit	benefit	NOUN
ftr-490	702	18	underpinnings	underpinning	NOUN
ftr-490	702	19	of	of	ADP
ftr-490	702	20	debt	debt	NOUN
ftr-490	702	21	-	-	PUNCT
ftr-490	702	22	discharge	discharge	NOUN
ftr-490	702	23	theory	theory	NOUN
ftr-490	702	24	,	,	PUNCT
ftr-490	702	25	but	but	CCONJ
ftr-490	702	26	they	they	PRON
ftr-490	702	27	have	have	AUX
ftr-490	702	28	not	not	PART
ftr-490	702	29	always	always	ADV
ftr-490	702	30	gotten	get	VERB
ftr-490	702	31	the	the	DET
ftr-490	702	32	focus	focus	NOUN
ftr-490	702	33	right	right	ADV
ftr-490	702	34	.	.	PUNCT
ftr-490	703	1	in	in	ADP
ftr-490	703	2	allan	allan	PROPN
ftr-490	704	1	v.	v.	ADP
ftr-490	704	2	commissioner,9	commissioner,9	X
ftr-490	704	3	'	'	PUNCT
ftr-490	704	4	the	the	DET
ftr-490	704	5	government	government	NOUN
ftr-490	704	6	and	and	CCONJ
ftr-490	704	7	the	the	DET
ftr-490	704	8	tax	tax	NOUN
ftr-490	704	9	court	court	NOUN
ftr-490	704	10	considered	consider	VERB
ftr-490	704	11	the	the	DET
ftr-490	704	12	tax	tax	NOUN
ftr-490	704	13	-	-	PUNCT
ftr-490	704	14	benefit	benefit	NOUN
ftr-490	704	15	theory	theory	NOUN
ftr-490	704	16	in	in	ADP
ftr-490	704	17	a	a	DET
ftr-490	704	18	tufts	tufts	NOUN
ftr-490	704	19	situation	situation	NOUN
ftr-490	704	20	but	but	CCONJ
ftr-490	704	21	did	do	AUX
ftr-490	704	22	not	not	PART
ftr-490	704	23	make	make	VERB
ftr-490	704	24	the	the	DET
ftr-490	704	25	connections	connection	NOUN
ftr-490	704	26	illustrated	illustrate	VERB
ftr-490	704	27	in	in	ADP
ftr-490	704	28	this	this	DET
ftr-490	704	29	article	article	NOUN
ftr-490	704	30	.	.	PUNCT
ftr-490	705	1	the	the	DET
ftr-490	705	2	debtor	debtor	NOUN
ftr-490	705	3	partnership	partnership	NOUN
ftr-490	705	4	in	in	ADP
ftr-490	705	5	that	that	DET
ftr-490	705	6	case	case	NOUN
ftr-490	705	7	was	be	AUX
ftr-490	705	8	unable	unable	ADJ
ftr-490	705	9	to	to	PART
ftr-490	705	10	pay	pay	VERB
ftr-490	705	11	either	either	CCONJ
ftr-490	705	12	real	real	ADJ
ftr-490	705	13	estate	estate	NOUN
ftr-490	705	14	taxes	taxis	NOUN
ftr-490	705	15	due	due	ADJ
ftr-490	705	16	on	on	ADP
ftr-490	705	17	the	the	DET
ftr-490	705	18	collateral	collateral	NOUN
ftr-490	705	19	securing	secure	VERB
ftr-490	705	20	nonrecourse	nonrecourse	NOUN
ftr-490	705	21	debt	debt	NOUN
ftr-490	705	22	or	or	CCONJ
ftr-490	705	23	interest	interest	NOUN
ftr-490	705	24	on	on	ADP
ftr-490	705	25	the	the	DET
ftr-490	705	26	debt	debt	NOUN
ftr-490	705	27	itself	itself	PRON
ftr-490	705	28	.	.	PUNCT
ftr-490	706	1	the	the	DET
ftr-490	706	2	creditor	creditor	NOUN
ftr-490	706	3	paid	pay	VERB
ftr-490	706	4	the	the	DET
ftr-490	706	5	real	real	ADJ
ftr-490	706	6	estate	estate	NOUN
ftr-490	706	7	taxes	taxis	NOUN
ftr-490	706	8	and	and	CCONJ
ftr-490	706	9	added	add	VERB
ftr-490	706	10	the	the	DET
ftr-490	706	11	amount	amount	NOUN
ftr-490	706	12	paid	pay	VERB
ftr-490	706	13	on	on	ADP
ftr-490	706	14	the	the	DET
ftr-490	706	15	debtor	debtor	NOUN
ftr-490	706	16	's	's	PART
ftr-490	706	17	behalf	behalf	NOUN
ftr-490	706	18	to	to	ADP
ftr-490	706	19	the	the	DET
ftr-490	706	20	outstanding	outstanding	ADJ
ftr-490	706	21	principal	principal	ADJ
ftr-490	706	22	balance	balance	NOUN
ftr-490	706	23	of	of	ADP
ftr-490	706	24	the	the	DET
ftr-490	706	25	mortgage	mortgage	NOUN
ftr-490	706	26	.	.	PUNCT
ftr-490	707	1	the	the	DET
ftr-490	707	2	creditor	creditor	NOUN
ftr-490	707	3	similarly	similarly	ADV
ftr-490	707	4	added	add	VERB
ftr-490	707	5	interest	interest	NOUN
ftr-490	707	6	arrearages	arrearage	NOUN
ftr-490	707	7	to	to	ADP
ftr-490	707	8	the	the	DET
ftr-490	707	9	outstanding	outstanding	ADJ
ftr-490	707	10	principal	principal	ADJ
ftr-490	707	11	amount	amount	NOUN
ftr-490	707	12	.	.	PUNCT
ftr-490	708	1	the	the	DET
ftr-490	708	2	debtor	debtor	NOUN
ftr-490	708	3	deducted	deduct	VERB
ftr-490	708	4	97	97	NUM
ftr-490	708	5	.	.	PUNCT
ftr-490	709	1	popkin	popkin	PROPN
ftr-490	709	2	,	,	PUNCT
ftr-490	709	3	supra	supra	PROPN
ftr-490	709	4	note	note	NOUN
ftr-490	709	5	40	40	NUM
ftr-490	709	6	,	,	PUNCT
ftr-490	709	7	at	at	ADP
ftr-490	709	8	130	130	NUM
ftr-490	709	9	.	.	PUNCT
ftr-490	710	1	because	because	SCONJ
ftr-490	710	2	the	the	DET
ftr-490	710	3	payment	payment	NOUN
ftr-490	710	4	would	would	AUX
ftr-490	710	5	have	have	VERB
ftr-490	710	6	ben	ben	PROPN
ftr-490	710	7	deductible	deductible	ADJ
ftr-490	710	8	,	,	PUNCT
ftr-490	710	9	the	the	DET
ftr-490	710	10	hypothetical	hypothetical	ADJ
ftr-490	710	11	is	be	AUX
ftr-490	710	12	problematic	problematic	ADJ
ftr-490	710	13	.	.	PUNCT
ftr-490	711	1	see	see	VERB
ftr-490	711	2	irc	irc	PROPN
ftr-490	711	3	§	§	PROPN
ftr-490	711	4	108(e)(2	108(e)(2	NUM
ftr-490	711	5	)	)	PUNCT
ftr-490	711	6	(	(	PUNCT
ftr-490	711	7	"	"	PUNCT
ftr-490	711	8	no	no	DET
ftr-490	711	9	income	income	NOUN
ftr-490	711	10	shall	shall	AUX
ftr-490	711	11	be	be	AUX
ftr-490	711	12	realized	realize	VERB
ftr-490	711	13	from	from	ADP
ftr-490	711	14	the	the	DET
ftr-490	711	15	discharge	discharge	NOUN
ftr-490	711	16	of	of	ADP
ftr-490	711	17	indebtedness	indebtedness	NOUN
ftr-490	711	18	to	to	ADP
ftr-490	711	19	the	the	DET
ftr-490	711	20	extent	extent	NOUN
ftr-490	711	21	that	that	SCONJ
ftr-490	711	22	payment	payment	NOUN
ftr-490	711	23	of	of	ADP
ftr-490	711	24	the	the	DET
ftr-490	711	25	liability	liability	NOUN
ftr-490	711	26	would	would	AUX
ftr-490	711	27	have	have	AUX
ftr-490	711	28	given	give	VERB
ftr-490	711	29	rise	rise	NOUN
ftr-490	711	30	to	to	ADP
ftr-490	711	31	a	a	DET
ftr-490	711	32	deduction	deduction	NOUN
ftr-490	711	33	.	.	PUNCT
ftr-490	711	34	"	"	PUNCT
ftr-490	711	35	)	)	PUNCT
ftr-490	711	36	;	;	PUNCT
ftr-490	711	37	del	del	PROPN
ftr-490	711	38	cotto	cotto	PROPN
ftr-490	711	39	,	,	PUNCT
ftr-490	711	40	supra	supra	PROPN
ftr-490	711	41	note	note	PROPN
ftr-490	711	42	88	88	NUM
ftr-490	711	43	,	,	PUNCT
ftr-490	711	44	at	at	ADP
ftr-490	711	45	768	768	NUM
ftr-490	711	46	(	(	PUNCT
ftr-490	711	47	criticizing	criticize	VERB
ftr-490	711	48	a	a	DET
ftr-490	711	49	similar	similar	ADJ
ftr-490	711	50	hypothetical	hypothetical	ADJ
ftr-490	711	51	used	use	VERB
ftr-490	711	52	by	by	ADP
ftr-490	711	53	the	the	DET
ftr-490	711	54	rail	rail	NOUN
ftr-490	711	55	joint	joint	ADJ
ftr-490	711	56	court	court	NOUN
ftr-490	711	57	)	)	PUNCT
ftr-490	711	58	.	.	PUNCT
ftr-490	712	1	the	the	DET
ftr-490	712	2	problem	problem	NOUN
ftr-490	712	3	can	can	AUX
ftr-490	712	4	be	be	AUX
ftr-490	712	5	cured	cure	VERB
ftr-490	712	6	by	by	ADP
ftr-490	712	7	simply	simply	ADV
ftr-490	712	8	changing	change	VERB
ftr-490	712	9	the	the	DET
ftr-490	712	10	hypothetical	hypothetical	ADJ
ftr-490	712	11	to	to	PART
ftr-490	712	12	delete	delete	VERB
ftr-490	712	13	the	the	DET
ftr-490	712	14	charitable	charitable	ADJ
ftr-490	712	15	status	status	NOUN
ftr-490	712	16	of	of	ADP
ftr-490	712	17	the	the	DET
ftr-490	712	18	promisee	promisee	NOUN
ftr-490	712	19	.	.	PUNCT
ftr-490	713	1	as	as	ADV
ftr-490	713	2	recently	recently	ADV
ftr-490	713	3	as	as	ADP
ftr-490	713	4	1991	1991	NUM
ftr-490	713	5	,	,	PUNCT
ftr-490	713	6	however	however	ADV
ftr-490	713	7	,	,	PUNCT
ftr-490	713	8	at	at	ADP
ftr-490	713	9	least	least	ADV
ftr-490	713	10	one	one	NUM
ftr-490	713	11	commentator	commentator	NOUN
ftr-490	713	12	continued	continue	VERB
ftr-490	713	13	to	to	PART
ftr-490	713	14	argue	argue	VERB
ftr-490	713	15	under	under	ADP
ftr-490	713	16	the	the	DET
ftr-490	713	17	freeing	free	VERB
ftr-490	713	18	-	-	PUNCT
ftr-490	713	19	up	up	ADP
ftr-490	713	20	-	-	PUNCT
ftr-490	713	21	of	of	ADP
ftr-490	713	22	-	-	PUNCT
ftr-490	713	23	assets	asset	NOUN
ftr-490	713	24	rationale	rationale	NOUN
ftr-490	713	25	that	that	SCONJ
ftr-490	713	26	a	a	DET
ftr-490	713	27	discharged	discharge	VERB
ftr-490	713	28	debt	debt	NOUN
ftr-490	713	29	could	could	AUX
ftr-490	713	30	produce	produce	VERB
ftr-490	713	31	gross	gross	ADJ
ftr-490	713	32	income	income	NOUN
ftr-490	713	33	even	even	ADV
ftr-490	713	34	if	if	SCONJ
ftr-490	713	35	no	no	DET
ftr-490	713	36	cash	cash	NOUN
ftr-490	713	37	or	or	CCONJ
ftr-490	713	38	other	other	ADJ
ftr-490	713	39	value	value	NOUN
ftr-490	713	40	was	be	AUX
ftr-490	713	41	originally	originally	ADV
ftr-490	713	42	received	receive	VERB
ftr-490	713	43	in	in	ADP
ftr-490	713	44	exchange	exchange	NOUN
ftr-490	713	45	for	for	ADP
ftr-490	713	46	the	the	DET
ftr-490	713	47	promise	promise	NOUN
ftr-490	713	48	to	to	PART
ftr-490	713	49	pay	pay	VERB
ftr-490	713	50	.	.	PUNCT
ftr-490	714	1	the	the	DET
ftr-490	714	2	balance	balance	NOUN
ftr-490	714	3	sheet	sheet	NOUN
ftr-490	714	4	improvement	improvement	NOUN
ftr-490	714	5	in	in	ADP
ftr-490	714	6	the	the	DET
ftr-490	714	7	year	year	NOUN
ftr-490	714	8	of	of	ADP
ftr-490	714	9	the	the	DET
ftr-490	714	10	discharge	discharge	NOUN
ftr-490	714	11	,	,	PUNCT
ftr-490	714	12	rather	rather	ADV
ftr-490	714	13	than	than	ADP
ftr-490	714	14	the	the	DET
ftr-490	714	15	prior	prior	ADJ
ftr-490	714	16	exclusion	exclusion	NOUN
ftr-490	714	17	(	(	PUNCT
ftr-490	714	18	which	which	PRON
ftr-490	714	19	would	would	AUX
ftr-490	714	20	be	be	AUX
ftr-490	714	21	absent	absent	ADJ
ftr-490	714	22	if	if	SCONJ
ftr-490	714	23	no	no	DET
ftr-490	714	24	loan	loan	NOUN
ftr-490	714	25	proceeds	proceed	NOUN
ftr-490	714	26	were	be	AUX
ftr-490	714	27	originally	originally	ADV
ftr-490	714	28	received	receive	VERB
ftr-490	714	29	on	on	ADP
ftr-490	714	30	the	the	DET
ftr-490	714	31	promise	promise	NOUN
ftr-490	714	32	to	to	PART
ftr-490	714	33	pay	pay	VERB
ftr-490	714	34	)	)	PUNCT
ftr-490	714	35	,	,	PUNCT
ftr-490	714	36	could	could	AUX
ftr-490	714	37	justify	justify	VERB
ftr-490	714	38	the	the	DET
ftr-490	714	39	income	income	NOUN
ftr-490	714	40	inclusion	inclusion	NOUN
ftr-490	714	41	.	.	PUNCT
ftr-490	715	1	professor	professor	PROPN
ftr-490	715	2	del	del	PROPN
ftr-490	715	3	cotto	cotto	PROPN
ftr-490	715	4	stated	state	VERB
ftr-490	715	5	:	:	PUNCT
ftr-490	715	6	certainly	certainly	ADV
ftr-490	715	7	a	a	DET
ftr-490	715	8	forcible	forcible	ADJ
ftr-490	715	9	argument	argument	NOUN
ftr-490	715	10	can	can	AUX
ftr-490	715	11	be	be	AUX
ftr-490	715	12	made	make	VERB
ftr-490	715	13	that	that	SCONJ
ftr-490	715	14	a	a	DET
ftr-490	715	15	balance	balance	NOUN
ftr-490	715	16	sheet	sheet	NOUN
ftr-490	715	17	increase	increase	NOUN
ftr-490	715	18	in	in	ADP
ftr-490	715	19	net	net	ADJ
ftr-490	715	20	worth	worth	NOUN
ftr-490	715	21	,	,	PUNCT
ftr-490	715	22	by	by	ADP
ftr-490	715	23	itself	itself	PRON
ftr-490	715	24	and	and	CCONJ
ftr-490	715	25	without	without	ADP
ftr-490	715	26	regard	regard	NOUN
ftr-490	715	27	to	to	ADP
ftr-490	715	28	other	other	ADJ
ftr-490	715	29	factors	factor	NOUN
ftr-490	715	30	or	or	CCONJ
ftr-490	715	31	transactions	transaction	NOUN
ftr-490	715	32	,	,	PUNCT
ftr-490	715	33	as	as	SCONJ
ftr-490	715	34	justice	justice	NOUN
ftr-490	715	35	holmes	holmes	PROPN
ftr-490	715	36	expressed	express	VERB
ftr-490	715	37	it	it	PRON
ftr-490	715	38	in	in	ADP
ftr-490	715	39	kirby	kirby	PROPN
ftr-490	715	40	lumber	lumber	PROPN
ftr-490	715	41	,	,	PUNCT
ftr-490	715	42	is	be	AUX
ftr-490	715	43	"	"	PUNCT
ftr-490	715	44	'	'	PUNCT
ftr-490	715	45	...	...	PUNCT
ftr-490	715	46	an	an	DET
ftr-490	715	47	accession	accession	NOUN
ftr-490	715	48	to	to	ADP
ftr-490	715	49	income	income	NOUN
ftr-490	715	50	,	,	PUNCT
ftr-490	715	51	if	if	SCONJ
ftr-490	715	52	we	we	PRON
ftr-490	715	53	take	take	VERB
ftr-490	715	54	words	word	NOUN
ftr-490	715	55	in	in	ADP
ftr-490	715	56	their	their	PRON
ftr-490	715	57	plain	plain	ADJ
ftr-490	715	58	popular	popular	ADJ
ftr-490	715	59	meaning	meaning	NOUN
ftr-490	715	60	.	.	PUNCT
ftr-490	716	1	as	as	SCONJ
ftr-490	716	2	they	they	PRON
ftr-490	716	3	should	should	AUX
ftr-490	716	4	be	be	AUX
ftr-490	716	5	taken	take	VERB
ftr-490	716	6	here	here	ADV
ftr-490	716	7	,	,	PUNCT
ftr-490	716	8	burnett	burnett	PROPN
ftr-490	716	9	v.	v.	PROPN
ftr-490	716	10	sanford	sanford	PROPN
ftr-490	716	11	&	&	CCONJ
ftr-490	716	12	brooks	brooks	PROPN
ftr-490	716	13	co.	co.	PROPN
ftr-490	716	14	,	,	PUNCT
ftr-490	716	15	is	be	AUX
ftr-490	716	16	such	such	DET
ftr-490	716	17	a	a	DET
ftr-490	716	18	rule	rule	NOUN
ftr-490	716	19	fair	fair	ADJ
ftr-490	716	20	to	to	ADP
ftr-490	716	21	the	the	DET
ftr-490	716	22	taxpayer	taxpayer	NOUN
ftr-490	716	23	?	?	PUNCT
ftr-490	717	1	arguably	arguably	ADV
ftr-490	717	2	,	,	PUNCT
ftr-490	717	3	yes	yes	INTJ
ftr-490	717	4	.	.	PUNCT
ftr-490	718	1	because	because	SCONJ
ftr-490	718	2	the	the	DET
ftr-490	718	3	rule	rule	NOUN
ftr-490	718	4	makes	make	VERB
ftr-490	718	5	economic	economic	ADJ
ftr-490	718	6	and	and	CCONJ
ftr-490	718	7	tax	tax	NOUN
ftr-490	718	8	sense	sense	NOUN
ftr-490	718	9	.	.	PUNCT
ftr-490	719	1	relief	relief	NOUN
ftr-490	719	2	from	from	ADP
ftr-490	719	3	debt	debt	NOUN
ftr-490	719	4	without	without	ADP
ftr-490	719	5	asset	asset	NOUN
ftr-490	719	6	depletion	depletion	NOUN
ftr-490	719	7	makes	make	VERB
ftr-490	719	8	available	available	ADJ
ftr-490	719	9	to	to	ADP
ftr-490	719	10	the	the	DET
ftr-490	719	11	taxpayer	taxpayer	NOUN
ftr-490	719	12	assets	asset	NOUN
ftr-490	719	13	previously	previously	ADV
ftr-490	719	14	burdened	burden	VERB
ftr-490	719	15	by	by	ADP
ftr-490	719	16	-	-	PUNCT
ftr-490	719	17	i.e.	i.e.	X
ftr-490	719	18	,	,	PUNCT
ftr-490	719	19	dedicated	dedicate	VERB
ftr-490	719	20	to	to	ADP
ftr-490	719	21	paying	pay	VERB
ftr-490	719	22	-	-	PUNCT
ftr-490	719	23	the	the	DET
ftr-490	719	24	debt	debt	NOUN
ftr-490	719	25	.	.	PUNCT
ftr-490	720	1	if	if	SCONJ
ftr-490	720	2	this	this	DET
ftr-490	720	3	increase	increase	NOUN
ftr-490	720	4	in	in	ADP
ftr-490	720	5	net	net	ADJ
ftr-490	720	6	worth	worth	NOUN
ftr-490	720	7	is	be	AUX
ftr-490	720	8	not	not	PART
ftr-490	720	9	.	.	PUNCT
ftr-490	721	1	to	to	PART
ftr-490	721	2	paraphrase	paraphrase	VERB
ftr-490	721	3	mr	mr	PROPN
ftr-490	721	4	.	.	PROPN
ftr-490	721	5	justice	justice	PROPN
ftr-490	721	6	holmes	holmes	PROPN
ftr-490	721	7	.	.	PUNCT
ftr-490	722	1	in	in	ADP
ftr-490	722	2	plain	plain	ADJ
ftr-490	722	3	words	word	NOUN
ftr-490	722	4	an	an	DET
ftr-490	722	5	accession	accession	NOUN
ftr-490	722	6	to	to	ADP
ftr-490	722	7	wealth	wealth	NOUN
ftr-490	722	8	.	.	PUNCT
ftr-490	723	1	what	what	PRON
ftr-490	723	2	is	be	AUX
ftr-490	723	3	it	it	PRON
ftr-490	723	4	?	?	PUNCT
ftr-490	724	1	the	the	DET
ftr-490	724	2	fact	fact	NOUN
ftr-490	724	3	that	that	SCONJ
ftr-490	724	4	...	...	PUNCT
ftr-490	725	1	no	no	DET
ftr-490	725	2	cash	cash	NOUN
ftr-490	725	3	or	or	CCONJ
ftr-490	725	4	other	other	ADJ
ftr-490	725	5	asset	asset	NOUN
ftr-490	725	6	was	be	AUX
ftr-490	725	7	received	receive	VERB
ftr-490	725	8	for	for	ADP
ftr-490	725	9	the	the	DET
ftr-490	725	10	debt	debt	NOUN
ftr-490	725	11	...	...	PUNCT
ftr-490	725	12	is	be	AUX
ftr-490	725	13	sinply	sinply	ADV
ftr-490	725	14	irrelevant	irrelevant	ADJ
ftr-490	725	15	to	to	ADP
ftr-490	725	16	the	the	DET
ftr-490	725	17	economic	economic	ADJ
ftr-490	725	18	and	and	CCONJ
ftr-490	725	19	tax	tax	NOUN
ftr-490	725	20	fact	fact	NOUN
ftr-490	725	21	that	that	SCONJ
ftr-490	725	22	the	the	DET
ftr-490	725	23	debt	debt	NOUN
ftr-490	725	24	discharge	discharge	NOUN
ftr-490	725	25	increases	increase	VERB
ftr-490	725	26	wealth	wealth	NOUN
ftr-490	725	27	at	at	ADP
ftr-490	725	28	no	no	DET
ftr-490	725	29	cost	cost	NOUN
ftr-490	725	30	to	to	ADP
ftr-490	725	31	the	the	DET
ftr-490	725	32	taxpayer	taxpayer	NOUN
ftr-490	725	33	.	.	PUNCT
ftr-490	726	1	del	del	PROPN
ftr-490	726	2	cotto	cotto	PROPN
ftr-490	726	3	,	,	PUNCT
ftr-490	726	4	supra	supra	PROPN
ftr-490	726	5	note	note	PROPN
ftr-490	726	6	88	88	NUM
ftr-490	726	7	,	,	PUNCT
ftr-490	726	8	at	at	ADP
ftr-490	726	9	763	763	NUM
ftr-490	726	10	-	-	SYM
ftr-490	726	11	64	64	NUM
ftr-490	726	12	(	(	PUNCT
ftr-490	726	13	emphasis	emphasis	NOUN
ftr-490	726	14	added	add	VERB
ftr-490	726	15	)	)	PUNCT
ftr-490	726	16	(	(	PUNCT
ftr-490	726	17	footnote	footnote	NOUN
ftr-490	726	18	omitted	omit	VERB
ftr-490	726	19	)	)	PUNCT
ftr-490	726	20	.	.	PUNCT
ftr-490	727	1	under	under	ADP
ftr-490	727	2	this	this	DET
ftr-490	727	3	approach	approach	NOUN
ftr-490	727	4	.	.	PUNCT
ftr-490	728	1	any	any	DET
ftr-490	728	2	promisor	promisor	NOUN
ftr-490	728	3	who	who	PRON
ftr-490	728	4	promises	promise	VERB
ftr-490	728	5	to	to	PART
ftr-490	728	6	make	make	VERB
ftr-490	728	7	a	a	DET
ftr-490	728	8	future	future	ADJ
ftr-490	728	9	payment	payment	NOUN
ftr-490	728	10	for	for	ADP
ftr-490	728	11	no	no	DET
ftr-490	728	12	consideration	consideration	NOUN
ftr-490	728	13	and	and	CCONJ
ftr-490	728	14	is	be	AUX
ftr-490	728	15	discharged	discharge	VERB
ftr-490	728	16	from	from	ADP
ftr-490	728	17	that	that	DET
ftr-490	728	18	obligation	obligation	NOUN
ftr-490	728	19	would	would	AUX
ftr-490	728	20	realize	realize	VERB
ftr-490	728	21	gross	gross	ADJ
ftr-490	728	22	income	income	NOUN
ftr-490	728	23	.	.	PUNCT
ftr-490	729	1	the	the	DET
ftr-490	729	2	tax	tax	NOUN
ftr-490	729	3	-	-	PUNCT
ftr-490	729	4	benefit	benefit	NOUN
ftr-490	729	5	approach	approach	NOUN
ftr-490	729	6	to	to	ADP
ftr-490	729	7	debt	debt	NOUN
ftr-490	729	8	-	-	PUNCT
ftr-490	729	9	discharge	discharge	NOUN
ftr-490	729	10	theory	theory	NOUN
ftr-490	729	11	more	more	ADV
ftr-490	729	12	appropriately	appropriately	ADV
ftr-490	729	13	focuses	focus	VERB
ftr-490	729	14	on	on	ADP
ftr-490	729	15	clear	clear	ADJ
ftr-490	729	16	accessions	accession	NOUN
ftr-490	729	17	to	to	ADP
ftr-490	729	18	wealth	wealth	NOUN
ftr-490	729	19	in	in	ADP
ftr-490	729	20	the	the	DET
ftr-490	729	21	form	form	NOUN
ftr-490	729	22	of	of	ADP
ftr-490	729	23	cash	cash	NOUN
ftr-490	729	24	or	or	CCONJ
ftr-490	729	25	equivalent	equivalent	ADJ
ftr-490	729	26	value	value	NOUN
ftr-490	729	27	which	which	PRON
ftr-490	729	28	is	be	AUX
ftr-490	729	29	received	receive	VERB
ftr-490	729	30	at	at	ADP
ftr-490	729	31	the	the	DET
ftr-490	729	32	time	time	NOUN
ftr-490	729	33	the	the	DET
ftr-490	729	34	promise	promise	NOUN
ftr-490	729	35	to	to	PART
ftr-490	729	36	pay	pay	VERB
ftr-490	729	37	is	be	AUX
ftr-490	729	38	made	make	VERB
ftr-490	729	39	and	and	CCONJ
ftr-490	729	40	which	which	PRON
ftr-490	729	41	is	be	AUX
ftr-490	729	42	excluded	exclude	VERB
ftr-490	729	43	from	from	ADP
ftr-490	729	44	gross	gross	ADJ
ftr-490	729	45	income	income	NOUN
ftr-490	729	46	solely	solely	ADV
ftr-490	729	47	because	because	SCONJ
ftr-490	729	48	of	of	ADP
ftr-490	729	49	that	that	DET
ftr-490	729	50	promise	promise	NOUN
ftr-490	729	51	.	.	PUNCT
ftr-490	730	1	the	the	DET
ftr-490	730	2	balance	balance	NOUN
ftr-490	730	3	sheet	sheet	NOUN
ftr-490	730	4	improvement	improvement	NOUN
ftr-490	730	5	in	in	ADP
ftr-490	730	6	the	the	DET
ftr-490	730	7	year	year	NOUN
ftr-490	730	8	of	of	ADP
ftr-490	730	9	the	the	DET
ftr-490	730	10	discharge	discharge	NOUN
ftr-490	730	11	bncause	bncause	NOUN
ftr-490	730	12	of	of	ADP
ftr-490	730	13	liability	liability	NOUN
ftr-490	730	14	relief	relief	NOUN
ftr-490	730	15	is	be	AUX
ftr-490	730	16	descriptive	descriptive	ADJ
ftr-490	730	17	but	but	CCONJ
ftr-490	730	18	a	a	DET
ftr-490	730	19	mere	mere	ADJ
ftr-490	730	20	happenstance	happenstance	NOUN
ftr-490	730	21	;	;	PUNCT
ftr-490	730	22	the	the	DET
ftr-490	730	23	taxing	tax	VERB
ftr-490	730	24	event	event	NOUN
ftr-490	730	25	is	be	AUX
ftr-490	730	26	the	the	DET
ftr-490	730	27	failure	failure	NOUN
ftr-490	730	28	to	to	PART
ftr-490	730	29	repay	repay	VERB
ftr-490	730	30	with	with	ADP
ftr-490	730	31	after	after	ADP
ftr-490	730	32	-	-	PUNCT
ftr-490	730	33	tax	tax	NOUN
ftr-490	730	34	dollars	dollar	NOUN
ftr-490	730	35	the	the	DET
ftr-490	730	36	identifiable	identifiable	ADJ
ftr-490	730	37	value	value	NOUN
ftr-490	730	38	previously	previously	ADV
ftr-490	730	39	received	receive	VERB
ftr-490	730	40	free	free	ADJ
ftr-490	730	41	of	of	ADP
ftr-490	730	42	tax	tax	NOUN
ftr-490	730	43	on	on	ADP
ftr-490	730	44	the	the	DET
ftr-490	730	45	assumption	assumption	NOUN
ftr-490	730	46	that	that	SCONJ
ftr-490	730	47	it	it	PRON
ftr-490	730	48	would	would	AUX
ftr-490	730	49	in	in	ADP
ftr-490	730	50	fact	fact	NOUN
ftr-490	730	51	be	be	AUX
ftr-490	730	52	repaid	repay	VERB
ftr-490	730	53	.	.	PUNCT
ftr-490	731	1	cf	cf	NOUN
ftr-490	731	2	.	.	PUNCT
ftr-490	732	1	sheppard	sheppard	PROPN
ftr-490	732	2	,	,	PUNCT
ftr-490	732	3	supra	supra	PROPN
ftr-490	732	4	note	note	NOUN
ftr-490	732	5	83	83	NUM
ftr-490	732	6	.	.	PUNCT
ftr-490	733	1	98	98	NUM
ftr-490	733	2	.	.	X
ftr-490	733	3	86	86	NUM
ftr-490	734	1	t.c	t.c	PROPN
ftr-490	734	2	.	.	PROPN
ftr-490	734	3	655	655	NUM
ftr-490	734	4	(	(	PUNCT
ftr-490	734	5	1986	1986	NUM
ftr-490	734	6	)	)	PUNCT
ftr-490	734	7	.	.	PUNCT
ftr-490	735	1	aff'd	aff'd	NOUN
ftr-490	735	2	,	,	PUNCT
ftr-490	735	3	856	856	NUM
ftr-490	735	4	f.2d	f.2d	NOUN
ftr-490	735	5	1169	1169	NUM
ftr-490	735	6	(	(	PUNCT
ftr-490	735	7	8th	8th	ADJ
ftr-490	735	8	cir	cir	NOUN
ftr-490	735	9	.	.	PUNCT
ftr-490	735	10	1988	1988	NUM
ftr-490	735	11	)	)	PUNCT
ftr-490	735	12	.	.	PUNCT
ftr-490	736	1	19921	19921	NUM
ftr-490	736	2	florida	florida	PROPN
ftr-490	736	3	tax	tax	PROPN
ftr-490	736	4	review	review	NOUN
ftr-490	736	5	the	the	DET
ftr-490	736	6	interest	interest	NOUN
ftr-490	736	7	and	and	CCONJ
ftr-490	736	8	taxes	taxis	NOUN
ftr-490	736	9	under	under	ADP
ftr-490	736	10	the	the	DET
ftr-490	736	11	usual	usual	ADJ
ftr-490	736	12	rule	rule	NOUN
ftr-490	736	13	that	that	SCONJ
ftr-490	736	14	deductions	deduction	NOUN
ftr-490	736	15	are	be	AUX
ftr-490	736	16	not	not	PART
ftr-490	736	17	delayed	delay	VERB
ftr-490	736	18	until	until	SCONJ
ftr-490	736	19	repayments	repayment	NOUN
ftr-490	736	20	are	be	AUX
ftr-490	736	21	made	make	VERB
ftr-490	736	22	on	on	ADP
ftr-490	736	23	debt	debt	NOUN
ftr-490	736	24	incurred	incur	VERB
ftr-490	736	25	to	to	PART
ftr-490	736	26	finance	finance	VERB
ftr-490	736	27	deductible	deductible	ADJ
ftr-490	736	28	outlays.99	outlays.99	NOUN
ftr-490	736	29	the	the	DET
ftr-490	736	30	collateral	collateral	NOUN
ftr-490	736	31	was	be	AUX
ftr-490	736	32	eventually	eventually	ADV
ftr-490	736	33	transferred	transfer	VERB
ftr-490	736	34	to	to	ADP
ftr-490	736	35	the	the	DET
ftr-490	736	36	creditor	creditor	NOUN
ftr-490	736	37	in	in	ADP
ftr-490	736	38	lieu	lieu	NOUN
ftr-490	736	39	of	of	ADP
ftr-490	736	40	foreclosure	foreclosure	NOUN
ftr-490	736	41	at	at	ADP
ftr-490	736	42	a	a	DET
ftr-490	736	43	time	time	NOUN
ftr-490	736	44	when	when	SCONJ
ftr-490	736	45	the	the	DET
ftr-490	736	46	outstanding	outstanding	ADJ
ftr-490	736	47	principal	principal	ADJ
ftr-490	736	48	amount	amount	NOUN
ftr-490	736	49	of	of	ADP
ftr-490	736	50	the	the	DET
ftr-490	736	51	debt	debt	NOUN
ftr-490	736	52	exceeded	exceed	VERB
ftr-490	736	53	the	the	DET
ftr-490	736	54	fair	fair	ADJ
ftr-490	736	55	market	market	NOUN
ftr-490	736	56	value	value	NOUN
ftr-490	736	57	of	of	ADP
ftr-490	736	58	the	the	DET
ftr-490	736	59	property	property	NOUN
ftr-490	736	60	,	,	PUNCT
ftr-490	736	61	i.e.	i.e.	X
ftr-490	736	62	,	,	PUNCT
ftr-490	736	63	a	a	DET
ftr-490	736	64	tufts	tufts	NOUN
ftr-490	736	65	transfer	transfer	NOUN
ftr-490	736	66	occurred	occur	VERB
ftr-490	736	67	except	except	SCONJ
ftr-490	736	68	that	that	SCONJ
ftr-490	736	69	the	the	DET
ftr-490	736	70	transfer	transfer	NOUN
ftr-490	736	71	was	be	AUX
ftr-490	736	72	made	make	VERB
ftr-490	736	73	to	to	ADP
ftr-490	736	74	the	the	DET
ftr-490	736	75	creditor	creditor	NOUN
ftr-490	736	76	instead	instead	ADV
ftr-490	736	77	of	of	ADP
ftr-490	736	78	to	to	ADP
ftr-490	736	79	a	a	DET
ftr-490	736	80	third	third	ADJ
ftr-490	736	81	party	party	NOUN
ftr-490	736	82	.	.	PUNCT
ftr-490	737	1	the	the	DET
ftr-490	737	2	tax	tax	NOUN
ftr-490	737	3	court	court	NOUN
ftr-490	737	4	held	hold	VERB
ftr-490	737	5	(	(	PUNCT
ftr-490	737	6	and	and	CCONJ
ftr-490	737	7	the	the	DET
ftr-490	737	8	eighth	eighth	ADJ
ftr-490	737	9	circuit	circuit	NOUN
ftr-490	737	10	affirmed	affirm	VERB
ftr-490	737	11	)	)	PUNCT
ftr-490	737	12	that	that	SCONJ
ftr-490	737	13	the	the	DET
ftr-490	737	14	excess	excess	ADJ
ftr-490	737	15	debt	debt	NOUN
ftr-490	737	16	was	be	AUX
ftr-490	737	17	simply	simply	ADV
ftr-490	737	18	included	include	VERB
ftr-490	737	19	in	in	ADP
ftr-490	737	20	amount	amount	NOUN
ftr-490	737	21	realized	realize	VERB
ftr-490	737	22	under	under	ADP
ftr-490	737	23	section	section	NOUN
ftr-490	737	24	1001	1001	NUM
ftr-490	737	25	,	,	PUNCT
ftr-490	737	26	creating	create	VERB
ftr-490	737	27	capital	capital	NOUN
ftr-490	737	28	gain	gain	NOUN
ftr-490	737	29	.	.	PUNCT
ftr-490	738	1	relying	rely	VERB
ftr-490	738	2	on	on	ADP
ftr-490	738	3	tufts	tuft	NOUN
ftr-490	738	4	,	,	PUNCT
ftr-490	738	5	the	the	DET
ftr-490	738	6	tax	tax	NOUN
ftr-490	738	7	court	court	NOUN
ftr-490	738	8	rejected	reject	VERB
ftr-490	738	9	the	the	DET
ftr-490	738	10	government	government	NOUN
ftr-490	738	11	's	's	PART
ftr-490	738	12	chief	chief	ADJ
ftr-490	738	13	contention	contention	NOUN
ftr-490	738	14	that	that	SCONJ
ftr-490	738	15	the	the	DET
ftr-490	738	16	tax	tax	NOUN
ftr-490	738	17	-	-	PUNCT
ftr-490	738	18	benefit	benefit	NOUN
ftr-490	738	19	rule	rule	NOUN
ftr-490	738	20	required	require	VERB
ftr-490	738	21	that	that	SCONJ
ftr-490	738	22	the	the	DET
ftr-490	738	23	excess	excess	ADJ
ftr-490	738	24	debt	debt	NOUN
ftr-490	738	25	should	should	AUX
ftr-490	738	26	be	be	AUX
ftr-490	738	27	recovered	recover	VERB
ftr-490	738	28	by	by	ADP
ftr-490	738	29	the	the	DET
ftr-490	738	30	debtor	debtor	NOUN
ftr-490	738	31	as	as	ADP
ftr-490	738	32	ordinary	ordinary	ADJ
ftr-490	738	33	income	income	NOUN
ftr-490	738	34	instead	instead	ADV
ftr-490	738	35	of	of	ADP
ftr-490	738	36	capital	capital	NOUN
ftr-490	738	37	gain	gain	NOUN
ftr-490	738	38	,	,	PUNCT
ftr-490	738	39	albeit	albeit	SCONJ
ftr-490	738	40	only	only	ADV
ftr-490	738	41	to	to	ADP
ftr-490	738	42	the	the	DET
ftr-490	738	43	extent	extent	NOUN
ftr-490	738	44	of	of	ADP
ftr-490	738	45	the	the	DET
ftr-490	738	46	prior	prior	ADJ
ftr-490	738	47	deductions	deduction	NOUN
ftr-490	738	48	for	for	ADP
ftr-490	738	49	taxes	taxis	NOUN
ftr-490	738	50	and	and	CCONJ
ftr-490	738	51	interest	interest	NOUN
ftr-490	738	52	.	.	PUNCT
ftr-490	739	1	'00	'00	NUM
ftr-490	739	2	the	the	DET
ftr-490	739	3	government	government	NOUN
ftr-490	739	4	's	's	PART
ftr-490	739	5	invocation	invocation	NOUN
ftr-490	739	6	of	of	ADP
ftr-490	739	7	the	the	DET
ftr-490	739	8	tax	tax	NOUN
ftr-490	739	9	-	-	PUNCT
ftr-490	739	10	benefit	benefit	NOUN
ftr-490	739	11	rule	rule	NOUN
ftr-490	739	12	to	to	PART
ftr-490	739	13	require	require	VERB
ftr-490	739	14	recognition	recognition	NOUN
ftr-490	739	15	of	of	ADP
ftr-490	739	16	ordinary	ordinary	ADJ
ftr-490	739	17	income	income	NOUN
ftr-490	739	18	on	on	ADP
ftr-490	739	19	the	the	DET
ftr-490	739	20	transfer	transfer	NOUN
ftr-490	739	21	to	to	ADP
ftr-490	739	22	the	the	DET
ftr-490	739	23	extent	extent	NOUN
ftr-490	739	24	of	of	ADP
ftr-490	739	25	the	the	DET
ftr-490	739	26	prior	prior	ADJ
ftr-490	739	27	ordinary	ordinary	ADJ
ftr-490	739	28	income	income	NOUN
ftr-490	739	29	deductions	deduction	NOUN
ftr-490	739	30	taken	take	VERB
ftr-490	739	31	with	with	ADP
ftr-490	739	32	use	use	NOUN
ftr-490	739	33	of	of	ADP
ftr-490	739	34	the	the	DET
ftr-490	739	35	loan	loan	NOUN
ftr-490	739	36	proceeds	proceed	NOUN
ftr-490	739	37	was	be	AUX
ftr-490	739	38	on	on	ADP
ftr-490	739	39	the	the	DET
ftr-490	739	40	right	right	ADJ
ftr-490	739	41	track	track	NOUN
ftr-490	739	42	but	but	CCONJ
ftr-490	739	43	headed	head	VERB
ftr-490	739	44	in	in	ADP
ftr-490	739	45	the	the	DET
ftr-490	739	46	wrong	wrong	ADJ
ftr-490	739	47	direction	direction	NOUN
ftr-490	739	48	.	.	PUNCT
ftr-490	740	1	in	in	ADP
ftr-490	740	2	invoking	invoke	VERB
ftr-490	740	3	tax	tax	NOUN
ftr-490	740	4	-	-	PUNCT
ftr-490	740	5	benefit	benefit	NOUN
ftr-490	740	6	theory	theory	NOUN
ftr-490	740	7	,	,	PUNCT
ftr-490	740	8	the	the	DET
ftr-490	740	9	government	government	NOUN
ftr-490	740	10	looked	look	VERB
ftr-490	740	11	forward	forward	ADV
ftr-490	740	12	from	from	ADP
ftr-490	740	13	the	the	DET
ftr-490	740	14	time	time	NOUN
ftr-490	740	15	the	the	DET
ftr-490	740	16	loan	loan	NOUN
ftr-490	740	17	was	be	AUX
ftr-490	740	18	incurred	incur	VERB
ftr-490	740	19	to	to	ADP
ftr-490	740	20	the	the	DET
ftr-490	740	21	use	use	NOUN
ftr-490	740	22	to	to	PART
ftr-490	740	23	which	which	PRON
ftr-490	740	24	the	the	DET
ftr-490	740	25	loan	loan	NOUN
ftr-490	740	26	proceeds	proceed	NOUN
ftr-490	740	27	were	be	AUX
ftr-490	740	28	put	put	VERB
ftr-490	740	29	-	-	PUNCT
ftr-490	740	30	spent	spend	VERB
ftr-490	740	31	on	on	ADP
ftr-490	740	32	items	item	NOUN
ftr-490	740	33	producing	produce	VERB
ftr-490	740	34	ordinary	ordinary	ADJ
ftr-490	740	35	deductions	deduction	NOUN
ftr-490	740	36	-	-	PUNCT
ftr-490	740	37	rather	rather	ADV
ftr-490	740	38	than	than	ADP
ftr-490	740	39	back	back	ADV
ftr-490	740	40	to	to	ADP
ftr-490	740	41	the	the	DET
ftr-490	740	42	exclusion	exclusion	NOUN
ftr-490	740	43	from	from	ADP
ftr-490	740	44	gross	gross	ADJ
ftr-490	740	45	income	income	NOUN
ftr-490	740	46	when	when	SCONJ
ftr-490	740	47	the	the	DET
ftr-490	740	48	loan	loan	NOUN
ftr-490	740	49	proceeds	proceed	NOUN
ftr-490	740	50	were	be	AUX
ftr-490	740	51	first	first	ADV
ftr-490	740	52	deemed	deem	VERB
ftr-490	740	53	received	receive	VERB
ftr-490	740	54	.	.	PUNCT
ftr-490	741	1	'0	'0	PART
ftr-490	741	2	'	'	PUNCT
ftr-490	741	3	the	the	DET
ftr-490	741	4	use	use	NOUN
ftr-490	741	5	to	to	PART
ftr-490	741	6	which	which	PRON
ftr-490	741	7	the	the	DET
ftr-490	741	8	loan	loan	NOUN
ftr-490	741	9	proceeds	proceed	NOUN
ftr-490	741	10	were	be	AUX
ftr-490	741	11	put	put	VERB
ftr-490	741	12	should	should	AUX
ftr-490	741	13	not	not	PART
ftr-490	741	14	have	have	AUX
ftr-490	741	15	been	be	AUX
ftr-490	741	16	the	the	DET
ftr-490	741	17	critical	critical	ADJ
ftr-490	741	18	element	element	NOUN
ftr-490	741	19	in	in	ADP
ftr-490	741	20	determining	determine	VERB
ftr-490	741	21	whether	whether	SCONJ
ftr-490	741	22	the	the	DET
ftr-490	741	23	accession	accession	NOUN
ftr-490	741	24	to	to	ADP
ftr-490	741	25	wealth	wealth	NOUN
ftr-490	741	26	arising	arise	VERB
ftr-490	741	27	on	on	ADP
ftr-490	741	28	failure	failure	NOUN
ftr-490	741	29	to	to	PART
ftr-490	741	30	fully	fully	ADV
ftr-490	741	31	repay	repay	VERB
ftr-490	741	32	the	the	DET
ftr-490	741	33	loan	loan	NOUN
ftr-490	741	34	resulted	result	VERB
ftr-490	741	35	in	in	ADP
ftr-490	741	36	additional	additional	ADJ
ftr-490	741	37	amount	amount	NOUN
ftr-490	741	38	realized	realize	VERB
ftr-490	741	39	under	under	ADP
ftr-490	741	40	section	section	NOUN
ftr-490	741	41	1001	1001	NUM
ftr-490	741	42	.	.	PUNCT
ftr-490	742	1	what	what	PRON
ftr-490	742	2	"	"	PUNCT
ftr-490	742	3	scandalized	scandalize	VERB
ftr-490	742	4	"	"	PUNCT
ftr-490	742	5	the	the	DET
ftr-490	742	6	government	government	NOUN
ftr-490	742	7	,	,	PUNCT
ftr-490	742	8	as	as	SCONJ
ftr-490	742	9	professor	professor	PROPN
ftr-490	742	10	willis	willis	PROPN
ftr-490	742	11	put	put	VERB
ftr-490	742	12	it	it	PRON
ftr-490	742	13	,	,	PUNCT
ftr-490	742	14	"	"	PUNCT
ftr-490	742	15	was	be	AUX
ftr-490	742	16	the	the	DET
ftr-490	742	17	apparent	apparent	ADJ
ftr-490	742	18	inconsistency	inconsistency	NOUN
ftr-490	742	19	of	of	ADP
ftr-490	742	20	a	a	DET
ftr-490	742	21	taxpayer	taxpayer	NOUN
ftr-490	742	22	using	use	VERB
ftr-490	742	23	borrowed	borrow	VERB
ftr-490	742	24	funds	fund	NOUN
ftr-490	742	25	to	to	PART
ftr-490	742	26	generate	generate	VERB
ftr-490	742	27	an	an	DET
ftr-490	742	28	ordinary	ordinary	ADJ
ftr-490	742	29	deduction	deduction	NOUN
ftr-490	742	30	...	...	PUNCT
ftr-490	742	31	but	but	CCONJ
ftr-490	742	32	99	99	NUM
ftr-490	742	33	.	.	PUNCT
ftr-490	743	1	for	for	ADP
ftr-490	743	2	example	example	NOUN
ftr-490	743	3	,	,	PUNCT
ftr-490	743	4	assume	assume	VERB
ftr-490	743	5	arterio	arterio	PROPN
ftr-490	743	6	(	(	PUNCT
ftr-490	743	7	"	"	PUNCT
ftr-490	743	8	art	art	NOUN
ftr-490	743	9	"	"	PUNCT
ftr-490	743	10	)	)	PUNCT
ftr-490	743	11	,	,	PUNCT
ftr-490	743	12	who	who	PRON
ftr-490	743	13	has	have	VERB
ftr-490	743	14	no	no	DET
ftr-490	743	15	medical	medical	ADJ
ftr-490	743	16	insurance	insurance	NOUN
ftr-490	743	17	,	,	PUNCT
ftr-490	743	18	incurs	incur	VERB
ftr-490	743	19	huge	huge	ADJ
ftr-490	743	20	medical	medical	ADJ
ftr-490	743	21	bills	bill	NOUN
ftr-490	743	22	for	for	ADP
ftr-490	743	23	open	open	ADJ
ftr-490	743	24	heart	heart	NOUN
ftr-490	743	25	surgery	surgery	NOUN
ftr-490	743	26	.	.	PUNCT
ftr-490	744	1	he	he	PRON
ftr-490	744	2	must	must	AUX
ftr-490	744	3	borrow	borrow	VERB
ftr-490	744	4	money	money	NOUN
ftr-490	744	5	from	from	ADP
ftr-490	744	6	a	a	DET
ftr-490	744	7	bank	bank	NOUN
ftr-490	744	8	in	in	ADP
ftr-490	744	9	order	order	NOUN
ftr-490	744	10	to	to	PART
ftr-490	744	11	pay	pay	VERB
ftr-490	744	12	his	his	PRON
ftr-490	744	13	medical	medical	ADJ
ftr-490	744	14	bills	bill	NOUN
ftr-490	744	15	.	.	PUNCT
ftr-490	745	1	art	art	NOUN
ftr-490	745	2	may	may	AUX
ftr-490	745	3	deduct	deduct	VERB
ftr-490	745	4	the	the	DET
ftr-490	745	5	allowable	allowable	ADJ
ftr-490	745	6	amount	amount	NOUN
ftr-490	745	7	under	under	ADP
ftr-490	745	8	section	section	NOUN
ftr-490	745	9	213	213	NUM
ftr-490	745	10	in	in	ADP
ftr-490	745	11	the	the	DET
ftr-490	745	12	year	year	NOUN
ftr-490	745	13	the	the	DET
ftr-490	745	14	medical	medical	ADJ
ftr-490	745	15	bills	bill	NOUN
ftr-490	745	16	are	be	AUX
ftr-490	745	17	paid	pay	VERB
ftr-490	745	18	.	.	PUNCT
ftr-490	746	1	the	the	DET
ftr-490	746	2	deduction	deduction	NOUN
ftr-490	746	3	is	be	AUX
ftr-490	746	4	not	not	PART
ftr-490	746	5	delayed	delay	VERB
ftr-490	746	6	until	until	SCONJ
ftr-490	746	7	the	the	DET
ftr-490	746	8	bank	bank	NOUN
ftr-490	746	9	loan	loan	NOUN
ftr-490	746	10	is	be	AUX
ftr-490	746	11	repaid	repay	VERB
ftr-490	746	12	.	.	PUNCT
ftr-490	747	1	100	100	NUM
ftr-490	747	2	.	.	PUNCT
ftr-490	748	1	the	the	DET
ftr-490	748	2	government	government	NOUN
ftr-490	748	3	also	also	ADV
ftr-490	748	4	argued	argue	VERB
ftr-490	748	5	in	in	ADP
ftr-490	748	6	part	part	NOUN
ftr-490	748	7	that	that	SCONJ
ftr-490	748	8	it	it	PRON
ftr-490	748	9	would	would	AUX
ftr-490	748	10	be	be	AUX
ftr-490	748	11	inappropriate	inappropriate	ADJ
ftr-490	748	12	to	to	PART
ftr-490	748	13	include	include	VERB
ftr-490	748	14	the	the	DET
ftr-490	748	15	portion	portion	NOUN
ftr-490	748	16	of	of	ADP
ftr-490	748	17	the	the	DET
ftr-490	748	18	mortgage	mortgage	NOUN
ftr-490	748	19	reflecting	reflect	VERB
ftr-490	748	20	the	the	DET
ftr-490	748	21	real	real	ADJ
ftr-490	748	22	estate	estate	NOUN
ftr-490	748	23	taxes	taxis	NOUN
ftr-490	748	24	and	and	CCONJ
ftr-490	748	25	interest	interest	NOUN
ftr-490	748	26	arrearages	arrearage	NOUN
ftr-490	748	27	in	in	ADP
ftr-490	748	28	amount	amount	NOUN
ftr-490	748	29	realized	realize	VERB
ftr-490	748	30	because	because	SCONJ
ftr-490	748	31	those	those	DET
ftr-490	748	32	amounts	amount	NOUN
ftr-490	748	33	were	be	AUX
ftr-490	748	34	not	not	PART
ftr-490	748	35	included	include	VERB
ftr-490	748	36	in	in	ADP
ftr-490	748	37	basis	basis	NOUN
ftr-490	748	38	and	and	CCONJ
ftr-490	748	39	depreciated	depreciate	VERB
ftr-490	748	40	;	;	PUNCT
ftr-490	748	41	they	they	PRON
ftr-490	748	42	were	be	AUX
ftr-490	748	43	currently	currently	ADV
ftr-490	748	44	expensed	expense	VERB
ftr-490	748	45	.	.	PUNCT
ftr-490	749	1	see	see	VERB
ftr-490	749	2	allan	allan	PROPN
ftr-490	749	3	,	,	PUNCT
ftr-490	749	4	86	86	NUM
ftr-490	749	5	t.c	t.c	PROPN
ftr-490	749	6	.	.	PUNCT
ftr-490	750	1	at	at	ADP
ftr-490	750	2	660	660	NUM
ftr-490	750	3	-	-	SYM
ftr-490	750	4	61	61	NUM
ftr-490	750	5	.	.	PUNCT
ftr-490	751	1	this	this	DET
ftr-490	751	2	linkage	linkage	NOUN
ftr-490	751	3	of	of	ADP
ftr-490	751	4	basis	basis	NOUN
ftr-490	751	5	to	to	PART
ftr-490	751	6	amount	amount	NOUN
ftr-490	751	7	realized	realize	VERB
ftr-490	751	8	as	as	ADP
ftr-490	751	9	justifying	justify	VERB
ftr-490	751	10	the	the	DET
ftr-490	751	11	application	application	NOUN
ftr-490	751	12	of	of	ADP
ftr-490	751	13	the	the	DET
ftr-490	751	14	collapsed	collapse	VERB
ftr-490	751	15	approach	approach	NOUN
ftr-490	751	16	(	(	PUNCT
ftr-490	751	17	or	or	CCONJ
ftr-490	751	18	,	,	PUNCT
ftr-490	751	19	as	as	SCONJ
ftr-490	751	20	the	the	DET
ftr-490	751	21	government	government	NOUN
ftr-490	751	22	argued	argue	VERB
ftr-490	751	23	here	here	ADV
ftr-490	751	24	,	,	PUNCT
ftr-490	751	25	preventing	prevent	VERB
ftr-490	751	26	its	its	PRON
ftr-490	751	27	application	application	NOUN
ftr-490	751	28	because	because	SCONJ
ftr-490	751	29	of	of	ADP
ftr-490	751	30	the	the	DET
ftr-490	751	31	absence	absence	NOUN
ftr-490	751	32	of	of	ADP
ftr-490	751	33	the	the	DET
ftr-490	751	34	link	link	NOUN
ftr-490	751	35	)	)	PUNCT
ftr-490	751	36	has	have	AUX
ftr-490	751	37	already	already	ADV
ftr-490	751	38	been	be	AUX
ftr-490	751	39	debunked	debunk	VERB
ftr-490	751	40	.	.	PUNCT
ftr-490	752	1	see	see	VERB
ftr-490	752	2	supra	supra	PROPN
ftr-490	752	3	notes	note	VERB
ftr-490	752	4	74	74	NUM
ftr-490	752	5	-	-	SYM
ftr-490	752	6	79	79	NUM
ftr-490	752	7	and	and	CCONJ
ftr-490	752	8	accompanying	accompany	VERB
ftr-490	752	9	text	text	NOUN
ftr-490	752	10	.	.	PUNCT
ftr-490	753	1	101	101	NUM
ftr-490	753	2	.	.	PUNCT
ftr-490	754	1	while	while	SCONJ
ftr-490	754	2	i	i	PRON
ftr-490	754	3	agree	agree	VERB
ftr-490	754	4	with	with	ADP
ftr-490	754	5	professor	professor	NOUN
ftr-490	754	6	willis	willis	PROPN
ftr-490	754	7	when	when	SCONJ
ftr-490	754	8	he	he	PRON
ftr-490	754	9	criticizes	criticize	VERB
ftr-490	754	10	the	the	DET
ftr-490	754	11	artificial	artificial	ADJ
ftr-490	754	12	distinction	distinction	NOUN
ftr-490	754	13	between	between	ADP
ftr-490	754	14	recourse	recourse	NOUN
ftr-490	754	15	and	and	CCONJ
ftr-490	754	16	nonrecourse	nonrecourse	NOUN
ftr-490	754	17	debt	debt	NOUN
ftr-490	754	18	(	(	PUNCT
ftr-490	754	19	see	see	VERB
ftr-490	754	20	infra	infra	NOUN
ftr-490	754	21	notes	note	VERB
ftr-490	754	22	172	172	NUM
ftr-490	754	23	and	and	CCONJ
ftr-490	754	24	188	188	NUM
ftr-490	754	25	-	-	SYM
ftr-490	754	26	90	90	NUM
ftr-490	754	27	and	and	CCONJ
ftr-490	754	28	accompanying	accompany	VERB
ftr-490	754	29	text	text	NOUN
ftr-490	754	30	)	)	PUNCT
ftr-490	754	31	,	,	PUNCT
ftr-490	754	32	i	i	PRON
ftr-490	754	33	disagree	disagree	VERB
ftr-490	754	34	with	with	ADP
ftr-490	754	35	him	he	PRON
ftr-490	754	36	that	that	SCONJ
ftr-490	754	37	in	in	ADP
ftr-490	754	38	this	this	DET
ftr-490	754	39	situation	situation	NOUN
ftr-490	754	40	the	the	DET
ftr-490	754	41	use	use	NOUN
ftr-490	754	42	to	to	PART
ftr-490	754	43	which	which	PRON
ftr-490	754	44	loan	loan	NOUN
ftr-490	754	45	proceeds	proceed	NOUN
ftr-490	754	46	are	be	AUX
ftr-490	754	47	put	put	VERB
ftr-490	754	48	is	be	AUX
ftr-490	754	49	the	the	DET
ftr-490	754	50	critical	critical	ADJ
ftr-490	754	51	inquiry	inquiry	NOUN
ftr-490	754	52	in	in	ADP
ftr-490	754	53	determining	determine	VERB
ftr-490	754	54	the	the	DET
ftr-490	754	55	existence	existence	NOUN
ftr-490	754	56	of	of	ADP
ftr-490	754	57	gross	gross	ADJ
ftr-490	754	58	income	income	NOUN
ftr-490	754	59	,	,	PUNCT
ftr-490	754	60	as	as	SCONJ
ftr-490	754	61	opposed	oppose	VERB
ftr-490	754	62	to	to	PART
ftr-490	754	63	amount	amount	NOUN
ftr-490	754	64	realized	realize	VERB
ftr-490	754	65	,	,	PUNCT
ftr-490	754	66	on	on	ADP
ftr-490	754	67	discharge	discharge	NOUN
ftr-490	754	68	.	.	PUNCT
ftr-490	755	1	see	see	VERB
ftr-490	755	2	steven	steven	PROPN
ftr-490	755	3	j.	j.	PROPN
ftr-490	755	4	willis	willis	PROPN
ftr-490	755	5	,	,	PUNCT
ftr-490	755	6	the	the	DET
ftr-490	755	7	option	option	NOUN
ftr-490	755	8	aspect	aspect	NOUN
ftr-490	755	9	of	of	ADP
ftr-490	755	10	nonrecourse	nonrecourse	NOUN
ftr-490	755	11	loans	loan	NOUN
ftr-490	755	12	,	,	PUNCT
ftr-490	755	13	54	54	NUM
ftr-490	755	14	tax	tax	NOUN
ftr-490	755	15	notes	note	NOUN
ftr-490	755	16	441	441	NUM
ftr-490	755	17	,	,	PUNCT
ftr-490	755	18	449	449	NUM
ftr-490	755	19	(	(	PUNCT
ftr-490	755	20	jan	jan	PROPN
ftr-490	755	21	.	.	PROPN
ftr-490	755	22	27	27	NUM
ftr-490	755	23	,	,	PUNCT
ftr-490	755	24	1992	1992	NUM
ftr-490	755	25	)	)	PUNCT
ftr-490	756	1	[	[	X
ftr-490	756	2	hereinafter	hereinafter	NOUN
ftr-490	756	3	willis	willis	PROPN
ftr-490	756	4	ii	ii	PROPN
ftr-490	756	5	]	]	PUNCT
ftr-490	756	6	(	(	PUNCT
ftr-490	756	7	"	"	PUNCT
ftr-490	756	8	ultimately	ultimately	ADV
ftr-490	756	9	this	this	PRON
ftr-490	756	10	is	be	AUX
ftr-490	756	11	an	an	DET
ftr-490	756	12	issue	issue	NOUN
ftr-490	756	13	of	of	ADP
ftr-490	756	14	the	the	DET
ftr-490	756	15	tax	tax	NOUN
ftr-490	756	16	benefit	benefit	NOUN
ftr-490	756	17	rule	rule	NOUN
ftr-490	756	18	and	and	CCONJ
ftr-490	756	19	not	not	PART
ftr-490	756	20	discharge	discharge	VERB
ftr-490	756	21	of	of	ADP
ftr-490	756	22	indebtedness	indebtedness	NOUN
ftr-490	756	23	income	income	NOUN
ftr-490	756	24	"	"	PUNCT
ftr-490	756	25	)	)	PUNCT
ftr-490	756	26	.	.	PUNCT
ftr-490	757	1	[	[	X
ftr-490	757	2	vol	vol	NOUN
ftr-490	757	3	1:3	1:3	NUM
ftr-490	757	4	tufts	tuft	NOUN
ftr-490	757	5	and	and	CCONJ
ftr-490	757	6	the	the	DET
ftr-490	757	7	evolution	evolution	NOUN
ftr-490	757	8	of	of	ADP
ftr-490	757	9	debt	debt	NOUN
ftr-490	757	10	-	-	PUNCT
ftr-490	757	11	discharge	discharge	NOUN
ftr-490	757	12	theory	theory	NOUN
ftr-490	757	13	then	then	ADV
ftr-490	757	14	recognizing	recognize	VERB
ftr-490	757	15	capital	capital	NOUN
ftr-490	757	16	gain	gain	NOUN
ftr-490	757	17	on	on	ADP
ftr-490	757	18	the	the	DET
ftr-490	757	19	discharge	discharge	NOUN
ftr-490	757	20	of	of	ADP
ftr-490	757	21	the	the	DET
ftr-490	757	22	loan	loan	NOUN
ftr-490	757	23	.	.	PUNCT
ftr-490	758	1	"	"	PUNCT
ftr-490	758	2	'	'	PUNCT
ftr-490	758	3	2	2	NUM
ftr-490	758	4	as	as	SCONJ
ftr-490	758	5	willis	willis	PROPN
ftr-490	758	6	also	also	ADV
ftr-490	758	7	noted	note	VERB
ftr-490	758	8	,	,	PUNCT
ftr-490	758	9	however	however	ADV
ftr-490	758	10	,	,	PUNCT
ftr-490	758	11	there	there	PRON
ftr-490	758	12	is	be	VERB
ftr-490	758	13	no	no	DET
ftr-490	758	14	general	general	ADJ
ftr-490	758	15	bar	bar	NOUN
ftr-490	758	16	to	to	ADP
ftr-490	758	17	using	use	VERB
ftr-490	758	18	tax	tax	NOUN
ftr-490	758	19	-	-	PUNCT
ftr-490	758	20	favored	favor	VERB
ftr-490	758	21	income	income	NOUN
ftr-490	758	22	to	to	PART
ftr-490	758	23	pay	pay	VERB
ftr-490	758	24	ordinary	ordinary	ADJ
ftr-490	758	25	expenses	expense	NOUN
ftr-490	758	26	.	.	PUNCT
ftr-490	758	27	'	'	PUNCT
ftr-490	759	1	03	03	NUM
ftr-490	760	1	what	what	PRON
ftr-490	760	2	should	should	AUX
ftr-490	760	3	have	have	AUX
ftr-490	760	4	scandalized	scandalize	VERB
ftr-490	760	5	the	the	DET
ftr-490	760	6	government	government	NOUN
ftr-490	760	7	,	,	PUNCT
ftr-490	760	8	in	in	ADP
ftr-490	760	9	this	this	PRON
ftr-490	760	10	as	as	ADV
ftr-490	760	11	well	well	ADV
ftr-490	760	12	as	as	ADP
ftr-490	760	13	all	all	DET
ftr-490	760	14	nonrecourse	nonrecourse	ADJ
ftr-490	760	15	tufts	tuft	NOUN
ftr-490	760	16	transactions	transaction	NOUN
ftr-490	760	17	,	,	PUNCT
ftr-490	760	18	is	be	AUX
ftr-490	760	19	that	that	SCONJ
ftr-490	760	20	the	the	DET
ftr-490	760	21	exclusion	exclusion	NOUN
ftr-490	760	22	of	of	ADP
ftr-490	760	23	ordinary	ordinary	ADJ
ftr-490	760	24	income	income	NOUN
ftr-490	760	25	on	on	ADP
ftr-490	760	26	receipt	receipt	NOUN
ftr-490	760	27	of	of	ADP
ftr-490	760	28	the	the	DET
ftr-490	760	29	original	original	ADJ
ftr-490	760	30	loan	loan	NOUN
ftr-490	760	31	proceeds	proceed	NOUN
ftr-490	760	32	is	be	AUX
ftr-490	760	33	in	in	ADP
ftr-490	760	34	effect	effect	NOUN
ftr-490	760	35	reversed	reverse	VERB
ftr-490	760	36	in	in	ADP
ftr-490	760	37	a	a	DET
ftr-490	760	38	transaction	transaction	NOUN
ftr-490	760	39	which	which	PRON
ftr-490	760	40	might	might	AUX
ftr-490	760	41	,	,	PUNCT
ftr-490	760	42	depending	depend	VERB
ftr-490	760	43	on	on	ADP
ftr-490	760	44	the	the	DET
ftr-490	760	45	character	character	NOUN
ftr-490	760	46	of	of	ADP
ftr-490	760	47	the	the	DET
ftr-490	760	48	property	property	NOUN
ftr-490	760	49	transferred	transfer	VERB
ftr-490	760	50	,	,	PUNCT
ftr-490	760	51	produce	produce	VERB
ftr-490	760	52	capital	capital	NOUN
ftr-490	760	53	gain	gain	NOUN
ftr-490	760	54	.	.	PUNCT
ftr-490	760	55	'	'	PUNCT
ftr-490	761	1	what	what	PRON
ftr-490	761	2	the	the	DET
ftr-490	761	3	government	government	NOUN
ftr-490	761	4	needed	need	VERB
ftr-490	761	5	to	to	PART
ftr-490	761	6	do	do	VERB
ftr-490	761	7	was	be	AUX
ftr-490	761	8	to	to	PART
ftr-490	761	9	recognize	recognize	VERB
ftr-490	761	10	once	once	ADV
ftr-490	761	11	and	and	CCONJ
ftr-490	761	12	for	for	ADP
ftr-490	761	13	all	all	DET
ftr-490	761	14	the	the	DET
ftr-490	761	15	tax	tax	NOUN
ftr-490	761	16	-	-	PUNCT
ftr-490	761	17	benefit	benefit	NOUN
ftr-490	761	18	underpinnings	underpinning	NOUN
ftr-490	761	19	of	of	ADP
ftr-490	761	20	cod	cod	NOUN
ftr-490	761	21	-	-	PUNCT
ftr-490	761	22	income	income	NOUN
ftr-490	761	23	theory	theory	NOUN
ftr-490	761	24	itself	itself	PRON
ftr-490	761	25	and	and	CCONJ
ftr-490	761	26	reject	reject	VERB
ftr-490	761	27	the	the	DET
ftr-490	761	28	collapsed	collapse	VERB
ftr-490	761	29	approach	approach	NOUN
ftr-490	761	30	affirmed	affirm	VERB
ftr-490	761	31	in	in	ADP
ftr-490	761	32	tufts	tuft	NOUN
ftr-490	761	33	.	.	PUNCT
ftr-490	762	1	had	have	AUX
ftr-490	762	2	the	the	DET
ftr-490	762	3	loan	loan	NOUN
ftr-490	762	4	proceeds	proceed	NOUN
ftr-490	762	5	been	be	AUX
ftr-490	762	6	taxable	taxable	ADJ
ftr-490	762	7	on	on	ADP
ftr-490	762	8	receipt	receipt	NOUN
ftr-490	762	9	,	,	PUNCT
ftr-490	762	10	they	they	PRON
ftr-490	762	11	would	would	AUX
ftr-490	762	12	have	have	AUX
ftr-490	762	13	been	be	AUX
ftr-490	762	14	taxed	tax	VERB
ftr-490	762	15	as	as	ADP
ftr-490	762	16	ordinary	ordinary	ADJ
ftr-490	762	17	income	income	NOUN
ftr-490	762	18	,	,	PUNCT
ftr-490	762	19	as	as	SCONJ
ftr-490	762	20	all	all	DET
ftr-490	762	21	gross	gross	ADJ
ftr-490	762	22	income	income	NOUN
ftr-490	762	23	is	be	AUX
ftr-490	762	24	ordinary	ordinary	ADJ
ftr-490	762	25	unless	unless	SCONJ
ftr-490	762	26	it	it	PRON
ftr-490	762	27	consists	consist	VERB
ftr-490	762	28	of	of	ADP
ftr-490	762	29	gain	gain	NOUN
ftr-490	762	30	realized	realize	VERB
ftr-490	762	31	on	on	ADP
ftr-490	762	32	the	the	DET
ftr-490	762	33	disposition	disposition	NOUN
ftr-490	762	34	by	by	ADP
ftr-490	762	35	sale	sale	NOUN
ftr-490	762	36	or	or	CCONJ
ftr-490	762	37	exchange	exchange	NOUN
ftr-490	762	38	of	of	ADP
ftr-490	762	39	a	a	DET
ftr-490	762	40	capital	capital	NOUN
ftr-490	762	41	asset	asset	NOUN
ftr-490	762	42	under	under	ADP
ftr-490	762	43	sections	section	NOUN
ftr-490	762	44	1001	1001	NUM
ftr-490	762	45	,	,	PUNCT
ftr-490	762	46	1221	1221	NUM
ftr-490	762	47	,	,	PUNCT
ftr-490	762	48	and	and	CCONJ
ftr-490	762	49	1222	1222	NUM
ftr-490	762	50	of	of	ADP
ftr-490	762	51	the	the	DET
ftr-490	762	52	code	code	NOUN
ftr-490	762	53	.	.	PUNCT
ftr-490	763	1	the	the	DET
ftr-490	763	2	debtor	debtor	NOUN
ftr-490	763	3	receives	receive	VERB
ftr-490	763	4	cash	cash	NOUN
ftr-490	763	5	,	,	PUNCT
ftr-490	763	6	either	either	CCONJ
ftr-490	763	7	actually	actually	ADV
ftr-490	763	8	or	or	CCONJ
ftr-490	763	9	constructively	constructively	ADV
ftr-490	763	10	,	,	PUNCT
ftr-490	763	11	when	when	SCONJ
ftr-490	763	12	he	he	PRON
ftr-490	763	13	borrows	borrow	VERB
ftr-490	763	14	;	;	PUNCT
ftr-490	763	15	he	he	PRON
ftr-490	763	16	does	do	AUX
ftr-490	763	17	not	not	PART
ftr-490	763	18	sell	sell	VERB
ftr-490	763	19	a	a	DET
ftr-490	763	20	capital	capital	NOUN
ftr-490	763	21	asset	asset	NOUN
ftr-490	763	22	at	at	ADP
ftr-490	763	23	that	that	DET
ftr-490	763	24	time	time	NOUN
ftr-490	763	25	.	.	PUNCT
ftr-490	763	26	'	'	PUNCT
ftr-490	763	27	'	'	PUNCT
ftr-490	764	1	"	"	PUNCT
ftr-490	764	2	had	have	VERB
ftr-490	764	3	the	the	DET
ftr-490	764	4	initial	initial	ADJ
ftr-490	764	5	assumption	assumption	NOUN
ftr-490	764	6	erroneously	erroneously	ADV
ftr-490	764	7	giving	give	VERB
ftr-490	764	8	rise	rise	NOUN
ftr-490	764	9	to	to	ADP
ftr-490	764	10	the	the	PRON
ftr-490	764	11	...	...	PUNCT
ftr-490	765	1	[	[	X
ftr-490	765	2	exclusion	exclusion	NOUN
ftr-490	765	3	]	]	PUNCT
ftr-490	765	4	in	in	ADP
ftr-490	765	5	year	year	NOUN
ftr-490	765	6	1	1	NUM
ftr-490	765	7	not	not	PART
ftr-490	765	8	been	be	AUX
ftr-490	765	9	made	make	VERB
ftr-490	765	10	,	,	PUNCT
ftr-490	765	11	the	the	DET
ftr-490	765	12	income	income	NOUN
ftr-490	765	13	realized	realize	VERB
ftr-490	765	14	in	in	ADP
ftr-490	765	15	year	year	NOUN
ftr-490	765	16	1	1	NUM
ftr-490	765	17	would	would	AUX
ftr-490	765	18	have	have	AUX
ftr-490	765	19	retained	retain	VERB
ftr-490	765	20	not	not	PART
ftr-490	765	21	only	only	ADV
ftr-490	765	22	its	its	PRON
ftr-490	765	23	status	status	NOUN
ftr-490	765	24	as	as	ADP
ftr-490	765	25	an	an	DET
ftr-490	765	26	element	element	NOUN
ftr-490	765	27	of	of	ADP
ftr-490	765	28	taxable	taxable	ADJ
ftr-490	765	29	income	income	NOUN
ftr-490	765	30	but	but	CCONJ
ftr-490	765	31	its	its	PRON
ftr-490	765	32	character	character	NOUN
ftr-490	765	33	as	as	ADP
ftr-490	765	34	capital	capital	NOUN
ftr-490	765	35	gain	gain	NOUN
ftr-490	765	36	or	or	CCONJ
ftr-490	765	37	ordinary	ordinary	ADJ
ftr-490	765	38	income	income	NOUN
ftr-490	765	39	.	.	PUNCT
ftr-490	766	1	"'0	"'0	PUNCT
ftr-490	766	2	6	6	NUM
ftr-490	766	3	the	the	DET
ftr-490	766	4	correction	correction	NOUN
ftr-490	766	5	that	that	PRON
ftr-490	766	6	arises	arise	VERB
ftr-490	766	7	in	in	ADP
ftr-490	766	8	the	the	DET
ftr-490	766	9	later	later	ADJ
ftr-490	766	10	year	year	NOUN
ftr-490	766	11	produces	produce	VERB
ftr-490	766	12	ordinary	ordinary	ADJ
ftr-490	766	13	income	income	NOUN
ftr-490	766	14	under	under	ADP
ftr-490	766	15	cod	cod	NOUN
ftr-490	766	16	-	-	PUNCT
ftr-490	766	17	income	income	NOUN
ftr-490	766	18	theory	theory	NOUN
ftr-490	766	19	,	,	PUNCT
ftr-490	766	20	which	which	PRON
ftr-490	766	21	is	be	AUX
ftr-490	766	22	itself	itself	PRON
ftr-490	766	23	premised	premise	VERB
ftr-490	766	24	on	on	ADP
ftr-490	766	25	the	the	DET
ftr-490	766	26	broad	broad	ADJ
ftr-490	766	27	articulation	articulation	NOUN
ftr-490	766	28	of	of	ADP
ftr-490	766	29	tax	tax	NOUN
ftr-490	766	30	-	-	PUNCT
ftr-490	766	31	benefit	benefit	NOUN
ftr-490	766	32	theory	theory	NOUN
ftr-490	766	33	,	,	PUNCT
ftr-490	766	34	because	because	SCONJ
ftr-490	766	35	the	the	DET
ftr-490	766	36	exclusion	exclusion	NOUN
ftr-490	766	37	provided	provide	VERB
ftr-490	766	38	in	in	ADP
ftr-490	766	39	the	the	DET
ftr-490	766	40	year	year	NOUN
ftr-490	766	41	the	the	DET
ftr-490	766	42	loan	loan	NOUN
ftr-490	766	43	proceeds	proceed	NOUN
ftr-490	766	44	were	be	AUX
ftr-490	766	45	received	receive	VERB
ftr-490	766	46	was	be	AUX
ftr-490	766	47	an	an	DET
ftr-490	766	48	ordinary	ordinary	ADJ
ftr-490	766	49	-	-	PUNCT
ftr-490	766	50	income	income	NOUN
ftr-490	766	51	exclusion	exclusion	NOUN
ftr-490	766	52	.	.	PUNCT
ftr-490	766	53	"	"	PUNCT
ftr-490	767	1	7	7	NUM
ftr-490	767	2	102	102	NUM
ftr-490	767	3	.	.	PUNCT
ftr-490	768	1	willis	willis	PROPN
ftr-490	768	2	ii	ii	PROPN
ftr-490	768	3	,	,	PUNCT
ftr-490	768	4	supra	supra	PROPN
ftr-490	768	5	note	note	NOUN
ftr-490	768	6	101	101	NUM
ftr-490	768	7	,	,	PUNCT
ftr-490	768	8	at	at	ADP
ftr-490	768	9	450	450	NUM
ftr-490	768	10	.	.	PUNCT
ftr-490	768	11	103	103	NUM
ftr-490	768	12	.	.	PUNCT
ftr-490	769	1	i	i	PRON
ftr-490	769	2	d.	d.	VERB
ftr-490	769	3	there	there	PRON
ftr-490	769	4	are	be	VERB
ftr-490	769	5	some	some	DET
ftr-490	769	6	statutory	statutory	ADJ
ftr-490	769	7	bars	bar	NOUN
ftr-490	769	8	,	,	PUNCT
ftr-490	769	9	however	however	ADV
ftr-490	769	10	.	.	PUNCT
ftr-490	770	1	see	see	VERB
ftr-490	770	2	.	.	PUNCT
ftr-490	771	1	e.g.	e.g.	ADV
ftr-490	771	2	,	,	PUNCT
ftr-490	771	3	section	section	NOUN
ftr-490	771	4	265	265	NUM
ftr-490	771	5	(	(	PUNCT
ftr-490	771	6	disallowing	disallow	VERB
ftr-490	771	7	certain	certain	ADJ
ftr-490	771	8	deductions	deduction	NOUN
ftr-490	771	9	paid	pay	VERB
ftr-490	771	10	with	with	ADP
ftr-490	771	11	tax	tax	NOUN
ftr-490	771	12	-	-	PUNCT
ftr-490	771	13	favored	favor	VERB
ftr-490	771	14	funds	fund	NOUN
ftr-490	771	15	)	)	PUNCT
ftr-490	771	16	.	.	PUNCT
ftr-490	772	1	104	104	NUM
ftr-490	772	2	.	.	PUNCT
ftr-490	773	1	even	even	ADV
ftr-490	773	2	more	more	ADV
ftr-490	773	3	damning	damning	ADJ
ftr-490	773	4	than	than	ADP
ftr-490	773	5	the	the	DET
ftr-490	773	6	character	character	NOUN
ftr-490	773	7	problems	problem	NOUN
ftr-490	773	8	is	be	AUX
ftr-490	773	9	the	the	DET
ftr-490	773	10	potential	potential	ADJ
ftr-490	773	11	backdoor	backdoor	NOUN
ftr-490	773	12	deduction	deduction	NOUN
ftr-490	773	13	of	of	ADP
ftr-490	773	14	nondeductible	nondeductible	ADJ
ftr-490	773	15	personal	personal	ADJ
ftr-490	773	16	consumption	consumption	NOUN
ftr-490	773	17	.	.	PUNCT
ftr-490	774	1	see	see	VERB
ftr-490	774	2	infra	infra	NOUN
ftr-490	774	3	notes	note	VERB
ftr-490	774	4	191	191	NUM
ftr-490	774	5	-	-	SYM
ftr-490	774	6	98	98	NUM
ftr-490	774	7	and	and	CCONJ
ftr-490	774	8	accompanying	accompany	VERB
ftr-490	774	9	text	text	NOUN
ftr-490	774	10	(	(	PUNCT
ftr-490	774	11	describing	describe	VERB
ftr-490	774	12	the	the	DET
ftr-490	774	13	effects	effect	NOUN
ftr-490	774	14	of	of	ADP
ftr-490	774	15	the	the	DET
ftr-490	774	16	collapsed	collapse	VERB
ftr-490	774	17	approach	approach	NOUN
ftr-490	774	18	in	in	ADP
ftr-490	774	19	connection	connection	NOUN
ftr-490	774	20	with	with	ADP
ftr-490	774	21	personal	personal	ADJ
ftr-490	774	22	-	-	PUNCT
ftr-490	774	23	use	use	NOUN
ftr-490	774	24	property	property	NOUN
ftr-490	774	25	)	)	PUNCT
ftr-490	774	26	.	.	PUNCT
ftr-490	775	1	105	105	NUM
ftr-490	775	2	.	.	PUNCT
ftr-490	776	1	professor	professor	PROPN
ftr-490	776	2	cunningham	cunningham	PROPN
ftr-490	776	3	,	,	PUNCT
ftr-490	776	4	however	however	ADV
ftr-490	776	5	,	,	PUNCT
ftr-490	776	6	seems	seem	VERB
ftr-490	776	7	to	to	PART
ftr-490	776	8	disagree	disagree	VERB
ftr-490	776	9	by	by	ADP
ftr-490	776	10	arguing	argue	VERB
ftr-490	776	11	that	that	SCONJ
ftr-490	776	12	the	the	DET
ftr-490	776	13	acquisition	acquisition	NOUN
ftr-490	776	14	of	of	ADP
ftr-490	776	15	the	the	DET
ftr-490	776	16	put	put	NOUN
ftr-490	776	17	option	option	NOUN
ftr-490	776	18	she	she	PRON
ftr-490	776	19	describes	describe	VERB
ftr-490	776	20	as	as	ADP
ftr-490	776	21	implicit	implicit	ADJ
ftr-490	776	22	in	in	ADP
ftr-490	776	23	all	all	DET
ftr-490	776	24	nonrecourse	nonrecourse	NOUN
ftr-490	776	25	debt	debt	NOUN
ftr-490	776	26	would	would	AUX
ftr-490	776	27	transform	transform	VERB
ftr-490	776	28	at	at	ADV
ftr-490	776	29	least	least	ADJ
ftr-490	776	30	an	an	DET
ftr-490	776	31	unspecified	unspecified	ADJ
ftr-490	776	32	portion	portion	NOUN
ftr-490	776	33	of	of	ADP
ftr-490	776	34	such	such	ADJ
ftr-490	776	35	taxable	taxable	ADJ
ftr-490	776	36	loan	loan	NOUN
ftr-490	776	37	proceeds	proceed	NOUN
ftr-490	776	38	into	into	ADP
ftr-490	776	39	capital	capital	NOUN
ftr-490	776	40	gain	gain	NOUN
ftr-490	776	41	if	if	SCONJ
ftr-490	776	42	taxed	tax	VERB
ftr-490	776	43	on	on	ADP
ftr-490	776	44	original	original	ADJ
ftr-490	776	45	receipt	receipt	NOUN
ftr-490	776	46	.	.	PUNCT
ftr-490	777	1	she	she	PRON
ftr-490	777	2	has	have	AUX
ftr-490	777	3	stated	state	VERB
ftr-490	777	4	:	:	PUNCT
ftr-490	777	5	the	the	DET
ftr-490	777	6	question	question	NOUN
ftr-490	777	7	is	be	AUX
ftr-490	777	8	what	what	PRON
ftr-490	777	9	benefit	benefit	VERB
ftr-490	777	10	the	the	DET
ftr-490	777	11	taxpayer	taxpayer	NOUN
ftr-490	777	12	received	receive	VERB
ftr-490	777	13	in	in	ADP
ftr-490	777	14	the	the	DET
ftr-490	777	15	tax	tax	NOUN
ftr-490	777	16	system	system	NOUN
ftr-490	777	17	when	when	SCONJ
ftr-490	777	18	the	the	DET
ftr-490	777	19	debt	debt	NOUN
ftr-490	777	20	was	be	AUX
ftr-490	777	21	incurred	incur	VERB
ftr-490	777	22	.	.	PUNCT
ftr-490	778	1	when	when	SCONJ
ftr-490	778	2	the	the	DET
ftr-490	778	3	benefit	benefit	NOUN
ftr-490	778	4	originally	originally	ADV
ftr-490	778	5	received	receive	VERB
ftr-490	778	6	was	be	AUX
ftr-490	778	7	gain	gain	NOUN
ftr-490	778	8	from	from	ADP
ftr-490	778	9	the	the	DET
ftr-490	778	10	sale	sale	NOUN
ftr-490	778	11	of	of	ADP
ftr-490	778	12	property	property	NOUN
ftr-490	778	13	,	,	PUNCT
ftr-490	778	14	as	as	ADP
ftr-490	778	15	where	where	SCONJ
ftr-490	778	16	the	the	DET
ftr-490	778	17	borrower	borrower	NOUN
ftr-490	778	18	acquires	acquire	VERB
ftr-490	778	19	a	a	DET
ftr-490	778	20	right	right	NOUN
ftr-490	778	21	to	to	PART
ftr-490	778	22	"	"	PUNCT
ftr-490	778	23	put	put	VERB
ftr-490	778	24	"	"	PUNCT
ftr-490	778	25	the	the	DET
ftr-490	778	26	property	property	NOUN
ftr-490	778	27	to	to	ADP
ftr-490	778	28	a	a	DET
ftr-490	778	29	lender	lender	NOUN
ftr-490	778	30	in	in	ADP
ftr-490	778	31	rchange	rchange	NOUN
ftr-490	778	32	for	for	ADP
ftr-490	778	33	the	the	DET
ftr-490	778	34	amount	amount	NOUN
ftr-490	778	35	of	of	ADP
ftr-490	778	36	the	the	DET
ftr-490	778	37	nonrecourse	nonrecourse	NOUN
ftr-490	778	38	debt	debt	NOUN
ftr-490	778	39	,	,	PUNCT
ftr-490	778	40	then	then	ADV
ftr-490	778	41	the	the	DET
ftr-490	778	42	correct	correct	ADJ
ftr-490	778	43	treatment	treatment	NOUN
ftr-490	778	44	on	on	ADP
ftr-490	778	45	discharge	discharge	NOUN
ftr-490	778	46	of	of	ADP
ftr-490	778	47	the	the	DET
ftr-490	778	48	obligation	obligation	NOUN
ftr-490	778	49	to	to	PART
ftr-490	778	50	repay	repay	VERB
ftr-490	778	51	is	be	AUX
ftr-490	778	52	to	to	PART
ftr-490	778	53	recapture	recapture	VERB
ftr-490	778	54	the	the	DET
ftr-490	778	55	income	income	NOUN
ftr-490	778	56	as	as	ADP
ftr-490	778	57	gain	gain	NOUN
ftr-490	778	58	from	from	ADP
ftr-490	778	59	sale	sale	NOUN
ftr-490	778	60	.	.	PUNCT
ftr-490	779	1	cunningham	cunningham	PROPN
ftr-490	779	2	ii	ii	PROPN
ftr-490	779	3	,	,	PUNCT
ftr-490	779	4	supra	supra	PROPN
ftr-490	779	5	note	note	PROPN
ftr-490	779	6	85	85	NUM
ftr-490	779	7	,	,	PUNCT
ftr-490	779	8	at	at	ADP
ftr-490	779	9	147	147	NUM
ftr-490	779	10	-	-	SYM
ftr-490	779	11	48	48	NUM
ftr-490	779	12	(	(	PUNCT
ftr-490	779	13	emphasis	emphasis	NOUN
ftr-490	779	14	added	add	VERB
ftr-490	779	15	)	)	PUNCT
ftr-490	779	16	(	(	PUNCT
ftr-490	779	17	footnoted	footnote	VERB
ftr-490	779	18	omitted	omit	VERB
ftr-490	779	19	)	)	PUNCT
ftr-490	779	20	.	.	PUNCT
ftr-490	780	1	for	for	ADP
ftr-490	780	2	reasons	reason	NOUN
ftr-490	780	3	described	describe	VERB
ftr-490	780	4	below	below	ADV
ftr-490	780	5	(	(	PUNCT
ftr-490	780	6	see	see	VERB
ftr-490	780	7	infra	infra	NOUN
ftr-490	780	8	notes	note	VERB
ftr-490	780	9	157	157	NUM
ftr-490	780	10	-	-	SYM
ftr-490	780	11	73	73	NUM
ftr-490	780	12	and	and	CCONJ
ftr-490	780	13	accompanying	accompany	VERB
ftr-490	780	14	text	text	NOUN
ftr-490	780	15	,	,	PUNCT
ftr-490	780	16	this	this	DET
ftr-490	780	17	article	article	NOUN
ftr-490	780	18	rejects	reject	VERB
ftr-490	780	19	the	the	DET
ftr-490	780	20	deemed	deem	VERB
ftr-490	780	21	-	-	PUNCT
ftr-490	780	22	put	put	VERB
ftr-490	780	23	-	-	PUNCT
ftr-490	780	24	option	option	NOUN
ftr-490	780	25	analysis	analysis	NOUN
ftr-490	780	26	in	in	ADP
ftr-490	780	27	governing	govern	VERB
ftr-490	780	28	the	the	DET
ftr-490	780	29	tax	tax	NOUN
ftr-490	780	30	consequences	consequence	NOUN
ftr-490	780	31	of	of	ADP
ftr-490	780	32	nonrecourse	nonrecourse	ADJ
ftr-490	780	33	debt	debt	NOUN
ftr-490	780	34	on	on	ADP
ftr-490	780	35	a	a	DET
ftr-490	780	36	tufts	tufts	NOUN
ftr-490	780	37	transfer	transfer	NOUN
ftr-490	780	38	.	.	PUNCT
ftr-490	781	1	106	106	NUM
ftr-490	781	2	.	.	PUNCT
ftr-490	782	1	cunningham	cunningham	PROPN
ftr-490	782	2	ii	ii	PROPN
ftr-490	782	3	,	,	PUNCT
ftr-490	782	4	supra	supra	PROPN
ftr-490	782	5	note	note	PROPN
ftr-490	782	6	85	85	NUM
ftr-490	782	7	,	,	PUNCT
ftr-490	782	8	at	at	ADP
ftr-490	782	9	128	128	NUM
ftr-490	782	10	(	(	PUNCT
ftr-490	782	11	footnote	footnote	NOUN
ftr-490	782	12	omitted	omit	VERB
ftr-490	782	13	)	)	PUNCT
ftr-490	782	14	.	.	PUNCT
ftr-490	783	1	107	107	NUM
ftr-490	783	2	.	.	PUNCT
ftr-490	784	1	bittker	bittker	NOUN
ftr-490	784	2	and	and	CCONJ
ftr-490	784	3	thompson	thompson	PROPN
ftr-490	784	4	have	have	AUX
ftr-490	784	5	argued	argue	VERB
ftr-490	784	6	that	that	SCONJ
ftr-490	784	7	"	"	PUNCT
ftr-490	784	8	kirby	kirby	PROPN
ftr-490	784	9	ltmber	ltmber	PROPN
ftr-490	784	10	is	be	AUX
ftr-490	784	11	broader	broad	ADJ
ftr-490	784	12	than	than	ADP
ftr-490	784	13	the	the	DET
ftr-490	784	14	tax	tax	NOUN
ftr-490	784	15	1992	1992	NUM
ftr-490	784	16	]	]	PUNCT
ftr-490	784	17	florida	florida	PROPN
ftr-490	784	18	tax	tax	PROPN
ftr-490	784	19	review	review	NOUN
ftr-490	784	20	the	the	DET
ftr-490	784	21	government	government	NOUN
ftr-490	784	22	's	's	PART
ftr-490	784	23	argument	argument	NOUN
ftr-490	784	24	in	in	ADP
ftr-490	784	25	allan	allan	PROPN
ftr-490	784	26	,	,	PUNCT
ftr-490	784	27	taken	take	VERB
ftr-490	784	28	to	to	ADP
ftr-490	784	29	its	its	PRON
ftr-490	784	30	logical	logical	ADJ
ftr-490	784	31	extreme	extreme	NOUN
ftr-490	784	32	,	,	PUNCT
ftr-490	784	33	demonstrates	demonstrate	VERB
ftr-490	784	34	that	that	SCONJ
ftr-490	784	35	tufts	tuft	NOUN
ftr-490	784	36	was	be	AUX
ftr-490	784	37	wrongly	wrongly	ADV
ftr-490	784	38	decided	decide	VERB
ftr-490	784	39	because	because	SCONJ
ftr-490	784	40	the	the	DET
ftr-490	784	41	loan	loan	NOUN
ftr-490	784	42	proceeds	proceed	VERB
ftr-490	784	43	in	in	ADP
ftr-490	784	44	tufts	tuft	NOUN
ftr-490	784	45	created	create	VERB
ftr-490	784	46	ordinary	ordinary	ADJ
ftr-490	784	47	depreciation	depreciation	NOUN
ftr-490	784	48	deductions	deduction	NOUN
ftr-490	784	49	.	.	PUNCT
ftr-490	785	1	the	the	DET
ftr-490	785	2	narrow	narrow	ADJ
ftr-490	785	3	exception	exception	NOUN
ftr-490	785	4	to	to	ADP
ftr-490	785	5	tufts	tuft	NOUN
ftr-490	785	6	that	that	SCONJ
ftr-490	785	7	the	the	DET
ftr-490	785	8	government	government	NOUN
ftr-490	785	9	requested	request	VERB
ftr-490	785	10	in	in	ADP
ftr-490	785	11	allan	allan	PROPN
ftr-490	785	12	was	be	AUX
ftr-490	785	13	fundamentally	fundamentally	ADV
ftr-490	785	14	inconsistent	inconsistent	ADJ
ftr-490	785	15	with	with	ADP
ftr-490	785	16	tufts	tuft	NOUN
ftr-490	785	17	itself	itself	PRON
ftr-490	785	18	.	.	PUNCT
ftr-490	786	1	thus	thus	ADV
ftr-490	786	2	,	,	PUNCT
ftr-490	786	3	the	the	DET
ftr-490	786	4	tax	tax	NOUN
ftr-490	786	5	court	court	NOUN
ftr-490	786	6	's	's	PART
ftr-490	786	7	opinion	opinion	NOUN
ftr-490	786	8	,	,	PUNCT
ftr-490	786	9	premised	premise	VERB
ftr-490	786	10	on	on	ADP
ftr-490	786	11	tufts	tuft	NOUN
ftr-490	786	12	,	,	PUNCT
ftr-490	786	13	was	be	AUX
ftr-490	786	14	not	not	PART
ftr-490	786	15	surprising	surprising	ADJ
ftr-490	786	16	.	.	PUNCT
ftr-490	787	1	the	the	DET
ftr-490	787	2	government	government	NOUN
ftr-490	787	3	's	's	PART
ftr-490	787	4	insistence	insistence	NOUN
ftr-490	787	5	on	on	ADP
ftr-490	787	6	using	use	VERB
ftr-490	787	7	the	the	DET
ftr-490	787	8	narrowly	narrowly	ADV
ftr-490	787	9	articulated	articulate	VERB
ftr-490	787	10	taxbenefit	taxbenefit	NOUN
ftr-490	787	11	rule	rule	NOUN
ftr-490	787	12	to	to	PART
ftr-490	787	13	require	require	VERB
ftr-490	787	14	the	the	DET
ftr-490	787	15	ordinary	ordinary	ADJ
ftr-490	787	16	income	income	NOUN
ftr-490	787	17	inclusion	inclusion	NOUN
ftr-490	787	18	in	in	ADP
ftr-490	787	19	allan	allan	PROPN
ftr-490	787	20	is	be	AUX
ftr-490	787	21	simply	simply	ADV
ftr-490	787	22	inconsistent	inconsistent	ADJ
ftr-490	787	23	with	with	ADP
ftr-490	787	24	the	the	DET
ftr-490	787	25	tax	tax	NOUN
ftr-490	787	26	-	-	PUNCT
ftr-490	787	27	benefit	benefit	NOUN
ftr-490	787	28	underpinnings	underpinning	NOUN
ftr-490	787	29	of	of	ADP
ftr-490	787	30	debt	debt	NOUN
ftr-490	787	31	-	-	PUNCT
ftr-490	787	32	discharge	discharge	NOUN
ftr-490	787	33	theory	theory	NOUN
ftr-490	787	34	,	,	PUNCT
ftr-490	787	35	and	and	CCONJ
ftr-490	787	36	it	it	PRON
ftr-490	787	37	could	could	AUX
ftr-490	787	38	come	come	VERB
ftr-490	787	39	back	back	ADV
ftr-490	787	40	to	to	PART
ftr-490	787	41	haunt	haunt	VERB
ftr-490	787	42	the	the	DET
ftr-490	787	43	government	government	NOUN
ftr-490	787	44	.	.	PUNCT
ftr-490	788	1	if	if	SCONJ
ftr-490	788	2	the	the	DET
ftr-490	788	3	government	government	NOUN
ftr-490	788	4	had	have	AUX
ftr-490	788	5	won	win	VERB
ftr-490	788	6	allan	allan	PROPN
ftr-490	788	7	,	,	PUNCT
ftr-490	788	8	or	or	CCONJ
ftr-490	788	9	if	if	SCONJ
ftr-490	788	10	another	another	DET
ftr-490	788	11	court	court	NOUN
ftr-490	788	12	in	in	ADP
ftr-490	788	13	another	another	DET
ftr-490	788	14	case	case	NOUN
ftr-490	788	15	is	be	AUX
ftr-490	788	16	persuaded	persuade	VERB
ftr-490	788	17	by	by	ADP
ftr-490	788	18	the	the	DET
ftr-490	788	19	same	same	ADJ
ftr-490	788	20	argument	argument	NOUN
ftr-490	788	21	made	make	VERB
ftr-490	788	22	by	by	ADP
ftr-490	788	23	the	the	DET
ftr-490	788	24	government	government	NOUN
ftr-490	788	25	in	in	ADP
ftr-490	788	26	allan	allan	PROPN
ftr-490	788	27	,	,	PUNCT
ftr-490	788	28	the	the	DET
ftr-490	788	29	amount	amount	NOUN
ftr-490	788	30	taxed	tax	VERB
ftr-490	788	31	as	as	ADP
ftr-490	788	32	ordinary	ordinary	ADJ
ftr-490	788	33	income	income	NOUN
ftr-490	788	34	rather	rather	ADV
ftr-490	788	35	than	than	ADP
ftr-490	788	36	capital	capital	NOUN
ftr-490	788	37	gain	gain	NOUN
ftr-490	788	38	under	under	ADP
ftr-490	788	39	the	the	DET
ftr-490	788	40	collapsed	collapse	VERB
ftr-490	788	41	approach	approach	NOUN
ftr-490	788	42	would	would	AUX
ftr-490	788	43	be	be	AUX
ftr-490	788	44	constrained	constrain	VERB
ftr-490	788	45	by	by	ADP
ftr-490	788	46	the	the	DET
ftr-490	788	47	inquiry	inquiry	NOUN
ftr-490	788	48	into	into	ADP
ftr-490	788	49	how	how	SCONJ
ftr-490	788	50	the	the	DET
ftr-490	788	51	loan	loan	NOUN
ftr-490	788	52	proceeds	proceed	NOUN
ftr-490	788	53	were	be	AUX
ftr-490	788	54	spent	spend	VERB
ftr-490	788	55	.	.	PUNCT
ftr-490	789	1	only	only	ADV
ftr-490	789	2	to	to	ADP
ftr-490	789	3	the	the	DET
ftr-490	789	4	extent	extent	NOUN
ftr-490	789	5	the	the	DET
ftr-490	789	6	loan	loan	NOUN
ftr-490	789	7	proceeds	proceed	NOUN
ftr-490	789	8	were	be	AUX
ftr-490	789	9	expended	expend	VERB
ftr-490	789	10	in	in	ADP
ftr-490	789	11	a	a	DET
ftr-490	789	12	fashion	fashion	NOUN
ftr-490	789	13	producing	produce	VERB
ftr-490	789	14	ordinary	ordinary	ADJ
ftr-490	789	15	tax	tax	NOUN
ftr-490	789	16	deductions	deduction	NOUN
ftr-490	789	17	would	would	AUX
ftr-490	789	18	the	the	DET
ftr-490	789	19	gain	gain	NOUN
ftr-490	789	20	be	be	AUX
ftr-490	789	21	characterized	characterize	VERB
ftr-490	789	22	as	as	ADP
ftr-490	789	23	ordinary	ordinary	ADJ
ftr-490	789	24	;	;	PUNCT
ftr-490	789	25	the	the	DET
ftr-490	789	26	excess	excess	NOUN
ftr-490	789	27	would	would	AUX
ftr-490	789	28	retain	retain	VERB
ftr-490	789	29	its	its	PRON
ftr-490	789	30	character	character	NOUN
ftr-490	789	31	as	as	ADP
ftr-490	789	32	capital	capital	NOUN
ftr-490	789	33	under	under	ADP
ftr-490	789	34	the	the	DET
ftr-490	789	35	collapsed	collapse	VERB
ftr-490	789	36	approach	approach	NOUN
ftr-490	789	37	.	.	PUNCT
ftr-490	790	1	such	such	DET
ftr-490	790	2	an	an	DET
ftr-490	790	3	approach	approach	NOUN
ftr-490	790	4	not	not	PART
ftr-490	790	5	only	only	ADV
ftr-490	790	6	requires	require	VERB
ftr-490	790	7	complex	complex	ADJ
ftr-490	790	8	inquiries	inquiry	NOUN
ftr-490	790	9	and	and	CCONJ
ftr-490	790	10	calculations	calculation	NOUN
ftr-490	790	11	,	,	PUNCT
ftr-490	790	12	it	it	PRON
ftr-490	790	13	is	be	AUX
ftr-490	790	14	unnecessarily	unnecessarily	ADV
ftr-490	790	15	constrained	constrain	VERB
ftr-490	790	16	.	.	PUNCT
ftr-490	791	1	0	0	NUM
ftr-490	791	2	8	8	NUM
ftr-490	791	3	the	the	DET
ftr-490	791	4	entire	entire	ADJ
ftr-490	791	5	amount	amount	NOUN
ftr-490	791	6	of	of	ADP
ftr-490	791	7	the	the	DET
ftr-490	791	8	discharged	discharge	VERB
ftr-490	791	9	debt	debt	NOUN
ftr-490	791	10	(	(	PUNCT
ftr-490	791	11	i.e.	i.e.	X
ftr-490	791	12	,	,	PUNCT
ftr-490	791	13	the	the	DET
ftr-490	791	14	amount	amount	NOUN
ftr-490	791	15	by	by	ADP
ftr-490	791	16	which	which	PRON
ftr-490	791	17	benefit	benefit	NOUN
ftr-490	791	18	rule	rule	NOUN
ftr-490	791	19	,	,	PUNCT
ftr-490	791	20	for	for	SCONJ
ftr-490	791	21	it	it	PRON
ftr-490	791	22	applies	apply	VERB
ftr-490	791	23	even	even	ADV
ftr-490	791	24	if	if	SCONJ
ftr-490	791	25	the	the	DET
ftr-490	791	26	taxpayer	taxpayer	NOUN
ftr-490	791	27	does	do	AUX
ftr-490	791	28	not	not	PART
ftr-490	791	29	receive	receive	VERB
ftr-490	791	30	a	a	DET
ftr-490	791	31	tax	tax	NOUN
ftr-490	791	32	benefit	benefit	NOUN
ftr-490	791	33	from	from	ADP
ftr-490	791	34	the	the	DET
ftr-490	791	35	borrowing	borrowing	NOUN
ftr-490	791	36	transaction	transaction	NOUN
ftr-490	791	37	(	(	PUNCT
ftr-490	791	38	e.g.	e.g.	ADV
ftr-490	791	39	,	,	PUNCT
ftr-490	791	40	if	if	SCONJ
ftr-490	791	41	the	the	DET
ftr-490	791	42	borrowed	borrow	VERB
ftr-490	791	43	funds	fund	NOUN
ftr-490	791	44	are	be	AUX
ftr-490	791	45	expended	expend	VERB
ftr-490	791	46	for	for	ADP
ftr-490	791	47	items	item	NOUN
ftr-490	791	48	of	of	ADP
ftr-490	791	49	a	a	DET
ftr-490	791	50	personal	personal	ADJ
ftr-490	791	51	nature	nature	NOUN
ftr-490	791	52	)	)	PUNCT
ftr-490	791	53	.	.	PUNCT
ftr-490	791	54	"	"	PUNCT
ftr-490	792	1	bittker	bittker	PROPN
ftr-490	792	2	&	&	CCONJ
ftr-490	792	3	thompson	thompson	PROPN
ftr-490	792	4	,	,	PUNCT
ftr-490	792	5	supra	supra	PROPN
ftr-490	792	6	note	note	NOUN
ftr-490	792	7	91	91	NUM
ftr-490	792	8	,	,	PUNCT
ftr-490	792	9	at	at	ADP
ftr-490	792	10	1180	1180	NUM
ftr-490	792	11	n.74	n.74	NOUN
ftr-490	792	12	.	.	PUNCT
ftr-490	793	1	this	this	DET
ftr-490	793	2	formulation	formulation	NOUN
ftr-490	793	3	ignores	ignore	VERB
ftr-490	793	4	the	the	DET
ftr-490	793	5	clear	clear	ADJ
ftr-490	793	6	tax	tax	NOUN
ftr-490	793	7	benefit	benefit	NOUN
ftr-490	793	8	received	receive	VERB
ftr-490	793	9	in	in	ADP
ftr-490	793	10	the	the	DET
ftr-490	793	11	year	year	NOUN
ftr-490	793	12	the	the	DET
ftr-490	793	13	proceeds	proceed	NOUN
ftr-490	793	14	were	be	AUX
ftr-490	793	15	received	receive	VERB
ftr-490	793	16	-	-	PUNCT
ftr-490	793	17	exclusion	exclusion	NOUN
ftr-490	793	18	of	of	ADP
ftr-490	793	19	the	the	DET
ftr-490	793	20	dollars	dollar	NOUN
ftr-490	793	21	received	receive	VERB
ftr-490	793	22	in	in	ADP
ftr-490	793	23	hand	hand	NOUN
ftr-490	793	24	from	from	ADP
ftr-490	793	25	gross	gross	ADJ
ftr-490	793	26	income	income	NOUN
ftr-490	793	27	-	-	PUNCT
ftr-490	793	28	regardless	regardless	ADV
ftr-490	793	29	of	of	ADP
ftr-490	793	30	how	how	SCONJ
ftr-490	793	31	the	the	DET
ftr-490	793	32	proceeds	proceed	NOUN
ftr-490	793	33	were	be	AUX
ftr-490	793	34	spent	spend	VERB
ftr-490	793	35	.	.	PUNCT
ftr-490	794	1	if	if	SCONJ
ftr-490	794	2	spent	spend	VERB
ftr-490	794	3	on	on	ADP
ftr-490	794	4	consumption	consumption	NOUN
ftr-490	794	5	,	,	PUNCT
ftr-490	794	6	the	the	DET
ftr-490	794	7	consumption	consumption	NOUN
ftr-490	794	8	was	be	AUX
ftr-490	794	9	purchased	purchase	VERB
ftr-490	794	10	with	with	ADP
ftr-490	794	11	before	before	ADP
ftr-490	794	12	-	-	PUNCT
ftr-490	794	13	tax	tax	NOUN
ftr-490	794	14	dollars	dollar	NOUN
ftr-490	794	15	,	,	PUNCT
ftr-490	794	16	contrary	contrary	ADV
ftr-490	794	17	to	to	ADP
ftr-490	794	18	the	the	DET
ftr-490	794	19	haig	haig	PROPN
ftr-490	794	20	-	-	PUNCT
ftr-490	794	21	simons	simon	NOUN
ftr-490	794	22	premise	premise	NOUN
ftr-490	794	23	that	that	SCONJ
ftr-490	794	24	the	the	DET
ftr-490	794	25	tax	tax	NOUN
ftr-490	794	26	base	base	NOUN
ftr-490	794	27	consists	consist	VERB
ftr-490	794	28	of	of	ADP
ftr-490	794	29	consumption	consumption	NOUN
ftr-490	794	30	plus	plus	CCONJ
ftr-490	794	31	savings	saving	NOUN
ftr-490	794	32	.	.	PUNCT
ftr-490	795	1	the	the	DET
ftr-490	795	2	taxation	taxation	NOUN
ftr-490	795	3	of	of	ADP
ftr-490	795	4	the	the	DET
ftr-490	795	5	consumption	consumption	NOUN
ftr-490	795	6	is	be	AUX
ftr-490	795	7	deferred	defer	VERB
ftr-490	795	8	until	until	SCONJ
ftr-490	795	9	the	the	DET
ftr-490	795	10	debt	debt	NOUN
ftr-490	795	11	is	be	AUX
ftr-490	795	12	repaid	repay	VERB
ftr-490	795	13	.	.	PUNCT
ftr-490	796	1	108	108	NUM
ftr-490	796	2	.	.	PUNCT
ftr-490	797	1	in	in	ADP
ftr-490	797	2	approximate	approximate	ADJ
ftr-490	797	3	numbers	number	NOUN
ftr-490	797	4	,	,	PUNCT
ftr-490	797	5	the	the	DET
ftr-490	797	6	fair	fair	ADJ
ftr-490	797	7	market	market	NOUN
ftr-490	797	8	value	value	NOUN
ftr-490	797	9	of	of	ADP
ftr-490	797	10	the	the	DET
ftr-490	797	11	property	property	NOUN
ftr-490	797	12	in	in	ADP
ftr-490	797	13	allan	allan	PROPN
ftr-490	797	14	was	be	AUX
ftr-490	797	15	$	$	SYM
ftr-490	797	16	540,000	540,000	NUM
ftr-490	797	17	,	,	PUNCT
ftr-490	797	18	its	its	PRON
ftr-490	797	19	basis	basis	NOUN
ftr-490	797	20	was	be	AUX
ftr-490	797	21	$	$	SYM
ftr-490	797	22	650,000	650,000	NUM
ftr-490	797	23	,	,	PUNCT
ftr-490	797	24	the	the	DET
ftr-490	797	25	total	total	ADJ
ftr-490	797	26	debt	debt	NOUN
ftr-490	797	27	was	be	AUX
ftr-490	797	28	$	$	SYM
ftr-490	797	29	1,500,000	1,500,000	NUM
ftr-490	797	30	,	,	PUNCT
ftr-490	797	31	and	and	CCONJ
ftr-490	797	32	the	the	DET
ftr-490	797	33	portion	portion	NOUN
ftr-490	797	34	of	of	ADP
ftr-490	797	35	the	the	DET
ftr-490	797	36	debt	debt	NOUN
ftr-490	797	37	attributable	attributable	ADJ
ftr-490	797	38	to	to	ADP
ftr-490	797	39	the	the	DET
ftr-490	797	40	advances	advance	NOUN
ftr-490	797	41	for	for	ADP
ftr-490	797	42	interest	interest	NOUN
ftr-490	797	43	and	and	CCONJ
ftr-490	797	44	taxes	taxis	NOUN
ftr-490	797	45	was	be	AUX
ftr-490	797	46	$	$	SYM
ftr-490	797	47	560,000	560,000	NUM
ftr-490	797	48	(	(	PUNCT
ftr-490	797	49	meaning	mean	VERB
ftr-490	797	50	that	that	SCONJ
ftr-490	797	51	$	$	SYM
ftr-490	797	52	940,000	940,000	NUM
ftr-490	797	53	represented	represent	VERB
ftr-490	797	54	the	the	DET
ftr-490	797	55	original	original	ADJ
ftr-490	797	56	debt	debt	NOUN
ftr-490	797	57	)	)	PUNCT
ftr-490	797	58	.	.	PUNCT
ftr-490	798	1	the	the	DET
ftr-490	798	2	tax	tax	NOUN
ftr-490	798	3	court	court	NOUN
ftr-490	798	4	confirmed	confirm	VERB
ftr-490	798	5	that	that	SCONJ
ftr-490	798	6	allan	allan	PROPN
ftr-490	798	7	realized	realize	VERB
ftr-490	798	8	$	$	SYM
ftr-490	798	9	850,000	850,000	NUM
ftr-490	798	10	of	of	ADP
ftr-490	798	11	gain	gain	NOUN
ftr-490	798	12	under	under	ADP
ftr-490	798	13	section	section	NOUN
ftr-490	798	14	1001	1001	NUM
ftr-490	798	15	(	(	PUNCT
ftr-490	798	16	the	the	DET
ftr-490	798	17	difference	difference	NOUN
ftr-490	798	18	between	between	ADP
ftr-490	798	19	the	the	DET
ftr-490	798	20	basis	basis	NOUN
ftr-490	798	21	of	of	ADP
ftr-490	798	22	$	$	SYM
ftr-490	798	23	650,000	650,000	NUM
ftr-490	798	24	and	and	CCONJ
ftr-490	798	25	the	the	DET
ftr-490	798	26	debt	debt	NOUN
ftr-490	798	27	of	of	ADP
ftr-490	798	28	$	$	SYM
ftr-490	798	29	1,500,000	1,500,000	NUM
ftr-490	798	30	)	)	PUNCT
ftr-490	798	31	,	,	PUNCT
ftr-490	798	32	$	$	SYM
ftr-490	798	33	100,000	100,000	NUM
ftr-490	798	34	of	of	ADP
ftr-490	798	35	which	which	PRON
ftr-490	798	36	was	be	AUX
ftr-490	798	37	conceded	concede	VERB
ftr-490	798	38	to	to	PART
ftr-490	798	39	be	be	AUX
ftr-490	798	40	ordinary	ordinary	ADJ
ftr-490	798	41	income	income	NOUN
ftr-490	798	42	under	under	ADP
ftr-490	798	43	the	the	DET
ftr-490	798	44	depreciation	depreciation	NOUN
ftr-490	798	45	recapture	recapture	NOUN
ftr-490	798	46	provisions	provision	NOUN
ftr-490	798	47	.	.	PUNCT
ftr-490	799	1	the	the	DET
ftr-490	799	2	remaining	remain	VERB
ftr-490	799	3	$	$	SYM
ftr-490	799	4	750,000	750,000	NUM
ftr-490	799	5	was	be	AUX
ftr-490	799	6	characterized	characterize	VERB
ftr-490	799	7	as	as	ADP
ftr-490	799	8	capital	capital	NOUN
ftr-490	799	9	gain	gain	NOUN
ftr-490	799	10	.	.	PUNCT
ftr-490	800	1	see	see	VERB
ftr-490	800	2	allan	allan	PROPN
ftr-490	800	3	,	,	PUNCT
ftr-490	800	4	86	86	NUM
ftr-490	800	5	t.c	t.c	PROPN
ftr-490	800	6	.	.	PROPN
ftr-490	800	7	655	655	NUM
ftr-490	800	8	,	,	PUNCT
ftr-490	800	9	659	659	NUM
ftr-490	800	10	,	,	PUNCT
ftr-490	800	11	668	668	NUM
ftr-490	800	12	;	;	PUNCT
ftr-490	800	13	cunningham	cunningham	PROPN
ftr-490	800	14	ii	ii	PROPN
ftr-490	800	15	,	,	PUNCT
ftr-490	800	16	supra	supra	PROPN
ftr-490	800	17	note	note	PROPN
ftr-490	800	18	85	85	NUM
ftr-490	800	19	,	,	PUNCT
ftr-490	800	20	at	at	ADP
ftr-490	800	21	122	122	NUM
ftr-490	800	22	&	&	CCONJ
ftr-490	800	23	n.13	n.13	NUM
ftr-490	800	24	;	;	PUNCT
ftr-490	800	25	alice	alice	PROPN
ftr-490	800	26	w.	w.	PROPN
ftr-490	800	27	cunningham	cunningham	PROPN
ftr-490	800	28	,	,	PUNCT
ftr-490	800	29	reprise	reprise	PROPN
ftr-490	800	30	:	:	PUNCT
ftr-490	800	31	characterization	characterization	NOUN
ftr-490	800	32	of	of	ADP
ftr-490	800	33	income	income	NOUN
ftr-490	800	34	recovered	recover	VERB
ftr-490	800	35	under	under	ADP
ftr-490	800	36	the	the	DET
ftr-490	800	37	tax	tax	NOUN
ftr-490	800	38	benefit	benefit	NOUN
ftr-490	800	39	doctrine	doctrine	NOUN
ftr-490	800	40	,	,	PUNCT
ftr-490	800	41	43	43	NUM
ftr-490	800	42	tax	tax	NOUN
ftr-490	800	43	law	law	NOUN
ftr-490	800	44	.	.	PUNCT
ftr-490	801	1	121	121	NUM
ftr-490	801	2	,	,	PUNCT
ftr-490	801	3	122	122	NUM
ftr-490	801	4	(	(	PUNCT
ftr-490	801	5	1989	1989	NUM
ftr-490	801	6	)	)	PUNCT
ftr-490	802	1	[	[	X
ftr-490	802	2	hereinafter	hereinafter	NOUN
ftr-490	802	3	cunningham	cunningham	PROPN
ftr-490	802	4	ihi	ihi	PROPN
ftr-490	802	5	]	]	PUNCT
ftr-490	802	6	.	.	PUNCT
ftr-490	803	1	if	if	SCONJ
ftr-490	803	2	the	the	DET
ftr-490	803	3	government	government	NOUN
ftr-490	803	4	had	have	AUX
ftr-490	803	5	won	win	VERB
ftr-490	803	6	,	,	PUNCT
ftr-490	803	7	allan	allan	PROPN
ftr-490	803	8	would	would	AUX
ftr-490	803	9	have	have	AUX
ftr-490	803	10	realized	realize	VERB
ftr-490	803	11	$	$	SYM
ftr-490	803	12	560,000	560,000	NUM
ftr-490	803	13	of	of	ADP
ftr-490	803	14	ordinary	ordinary	ADJ
ftr-490	803	15	income	income	NOUN
ftr-490	803	16	in	in	ADP
ftr-490	803	17	addition	addition	NOUN
ftr-490	803	18	to	to	ADP
ftr-490	803	19	the	the	DET
ftr-490	803	20	$	$	SYM
ftr-490	803	21	100,000	100,000	NUM
ftr-490	803	22	conceded	concede	VERB
ftr-490	803	23	to	to	PART
ftr-490	803	24	be	be	AUX
ftr-490	803	25	ordinary	ordinary	ADJ
ftr-490	803	26	income	income	NOUN
ftr-490	803	27	as	as	ADP
ftr-490	803	28	depreciation	depreciation	NOUN
ftr-490	803	29	recapture	recapture	NOUN
ftr-490	803	30	under	under	ADP
ftr-490	803	31	the	the	DET
ftr-490	803	32	government	government	NOUN
ftr-490	803	33	's	's	PART
ftr-490	803	34	tax	tax	NOUN
ftr-490	803	35	-	-	PUNCT
ftr-490	803	36	benefit	benefit	NOUN
ftr-490	803	37	rule	rule	NOUN
ftr-490	803	38	(	(	PUNCT
ftr-490	803	39	which	which	PRON
ftr-490	803	40	presumably	presumably	ADV
ftr-490	803	41	would	would	AUX
ftr-490	803	42	not	not	PART
ftr-490	803	43	have	have	AUX
ftr-490	803	44	been	be	AUX
ftr-490	803	45	cod	cod	NOUN
ftr-490	803	46	income	income	NOUN
ftr-490	803	47	eligible	eligible	ADJ
ftr-490	803	48	for	for	ADP
ftr-490	803	49	deferral	deferral	ADJ
ftr-490	803	50	under	under	ADP
ftr-490	803	51	section	section	NOUN
ftr-490	803	52	108	108	NUM
ftr-490	803	53	if	if	SCONJ
ftr-490	803	54	allan	allan	PROPN
ftr-490	803	55	had	have	AUX
ftr-490	803	56	been	be	AUX
ftr-490	803	57	insolvent	insolvent	ADJ
ftr-490	803	58	or	or	CCONJ
ftr-490	803	59	in	in	ADP
ftr-490	803	60	bankruptcy	bankruptcy	NOUN
ftr-490	803	61	court	court	NOUN
ftr-490	803	62	)	)	PUNCT
ftr-490	803	63	and	and	CCONJ
ftr-490	803	64	only	only	ADV
ftr-490	803	65	$	$	SYM
ftr-490	803	66	190,000	190,000	NUM
ftr-490	803	67	of	of	ADP
ftr-490	803	68	capital	capital	NOUN
ftr-490	803	69	gain	gain	NOUN
ftr-490	803	70	.	.	PUNCT
ftr-490	804	1	professor	professor	NOUN
ftr-490	804	2	cunningham	cunningham	PROPN
ftr-490	804	3	advocates	advocate	VERB
ftr-490	804	4	this	this	DET
ftr-490	804	5	result	result	NOUN
ftr-490	804	6	as	as	ADP
ftr-490	804	7	the	the	DET
ftr-490	804	8	correct	correct	ADJ
ftr-490	804	9	one	one	NUM
ftr-490	804	10	.	.	PUNCT
ftr-490	805	1	see	see	VERB
ftr-490	805	2	cunningham	cunningham	PROPN
ftr-490	805	3	ii	ii	PROPN
ftr-490	805	4	,	,	PUNCT
ftr-490	805	5	supra	supra	PROPN
ftr-490	805	6	note	note	PROPN
ftr-490	805	7	85	85	NUM
ftr-490	805	8	,	,	PUNCT
ftr-490	805	9	at	at	ADP
ftr-490	805	10	133	133	NUM
ftr-490	805	11	-	-	SYM
ftr-490	805	12	35	35	NUM
ftr-490	805	13	.	.	PUNCT
ftr-490	806	1	she	she	PRON
ftr-490	806	2	notes	note	VERB
ftr-490	806	3	that	that	SCONJ
ftr-490	806	4	the	the	DET
ftr-490	806	5	analysis	analysis	NOUN
ftr-490	806	6	would	would	AUX
ftr-490	806	7	have	have	AUX
ftr-490	806	8	been	be	AUX
ftr-490	806	9	more	more	ADV
ftr-490	806	10	difficult	difficult	ADJ
ftr-490	806	11	if	if	SCONJ
ftr-490	806	12	the	the	DET
ftr-490	806	13	property	property	NOUN
ftr-490	806	14	's	's	PART
ftr-490	806	15	fair	fair	ADJ
ftr-490	806	16	market	market	NOUN
ftr-490	806	17	value	value	NOUN
ftr-490	806	18	(	(	PUNCT
ftr-490	806	19	$	$	SYM
ftr-490	806	20	540,000	540,000	NUM
ftr-490	806	21	)	)	PUNCT
ftr-490	806	22	had	have	AUX
ftr-490	806	23	exceeded	exceed	VERB
ftr-490	806	24	the	the	DET
ftr-490	806	25	portion	portion	NOUN
ftr-490	806	26	of	of	ADP
ftr-490	806	27	the	the	DET
ftr-490	806	28	outstanding	outstanding	ADJ
ftr-490	806	29	mortgage	mortgage	NOUN
ftr-490	806	30	balance	balance	NOUN
ftr-490	806	31	not	not	PART
ftr-490	806	32	attributable	attributable	ADJ
ftr-490	806	33	to	to	ADP
ftr-490	806	34	the	the	DET
ftr-490	806	35	advances	advance	NOUN
ftr-490	806	36	for	for	ADP
ftr-490	806	37	deductible	deductible	ADJ
ftr-490	806	38	interest	interest	NOUN
ftr-490	806	39	and	and	CCONJ
ftr-490	806	40	taxes	taxis	NOUN
ftr-490	806	41	[	[	PUNCT
ftr-490	806	42	vol	vol	NOUN
ftr-490	806	43	1:3	1:3	NUM
ftr-490	806	44	tufts	tuft	NOUN
ftr-490	806	45	and	and	CCONJ
ftr-490	806	46	the	the	DET
ftr-490	806	47	evolution	evolution	NOUN
ftr-490	806	48	of	of	ADP
ftr-490	806	49	debt	debt	NOUN
ftr-490	806	50	-	-	PUNCT
ftr-490	806	51	discharge	discharge	NOUN
ftr-490	806	52	theory	theory	NOUN
ftr-490	806	53	the	the	DET
ftr-490	806	54	debt	debt	NOUN
ftr-490	806	55	exceeded	exceed	VERB
ftr-490	806	56	the	the	DET
ftr-490	806	57	fair	fair	ADJ
ftr-490	806	58	market	market	NOUN
ftr-490	806	59	value	value	NOUN
ftr-490	806	60	of	of	ADP
ftr-490	806	61	the	the	DET
ftr-490	806	62	property	property	NOUN
ftr-490	806	63	transferred	transfer	VERB
ftr-490	806	64	to	to	PART
ftr-490	806	65	satisfy	satisfy	VERB
ftr-490	806	66	it	it	PRON
ftr-490	806	67	)	)	PUNCT
ftr-490	806	68	should	should	AUX
ftr-490	806	69	result	result	VERB
ftr-490	806	70	in	in	ADP
ftr-490	806	71	ordinary	ordinary	ADJ
ftr-490	806	72	cod	cod	NOUN
ftr-490	806	73	income	income	NOUN
ftr-490	806	74	-	-	PUNCT
ftr-490	806	75	just	just	ADV
ftr-490	806	76	as	as	SCONJ
ftr-490	806	77	would	would	AUX
ftr-490	806	78	be	be	AUX
ftr-490	806	79	the	the	DET
ftr-490	806	80	case	case	NOUN
ftr-490	806	81	if	if	SCONJ
ftr-490	806	82	the	the	DET
ftr-490	806	83	debt	debt	NOUN
ftr-490	806	84	had	have	AUX
ftr-490	806	85	been	be	AUX
ftr-490	806	86	recourse	recourse	VERB
ftr-490	806	87	debt	debt	NOUN
ftr-490	806	88	-	-	PUNCT
ftr-490	806	89	not	not	PART
ftr-490	806	90	merely	merely	ADV
ftr-490	806	91	the	the	DET
ftr-490	806	92	amount	amount	NOUN
ftr-490	806	93	of	of	ADP
ftr-490	806	94	such	such	ADJ
ftr-490	806	95	debt	debt	NOUN
ftr-490	806	96	representing	represent	VERB
ftr-490	806	97	the	the	DET
ftr-490	806	98	nonrecourse	nonrecourse	NOUN
ftr-490	806	99	loan	loan	NOUN
ftr-490	806	100	proceeds	proceed	NOUN
ftr-490	806	101	used	use	VERB
ftr-490	806	102	to	to	PART
ftr-490	806	103	pay	pay	VERB
ftr-490	806	104	deductible	deductible	ADJ
ftr-490	806	105	expenses	expense	NOUN
ftr-490	806	106	.	.	PUNCT
ftr-490	807	1	a	a	DET
ftr-490	807	2	recent	recent	ADJ
ftr-490	807	3	tax	tax	NOUN
ftr-490	807	4	court	court	NOUN
ftr-490	807	5	case	case	NOUN
ftr-490	807	6	illustrates	illustrate	VERB
ftr-490	807	7	more	more	ADV
ftr-490	807	8	bluntly	bluntly	ADV
ftr-490	807	9	the	the	DET
ftr-490	807	10	close	close	ADJ
ftr-490	807	11	relationship	relationship	NOUN
ftr-490	807	12	between	between	ADP
ftr-490	807	13	the	the	DET
ftr-490	807	14	broad	broad	ADJ
ftr-490	807	15	articulation	articulation	NOUN
ftr-490	807	16	of	of	ADP
ftr-490	807	17	tax	tax	NOUN
ftr-490	807	18	-	-	PUNCT
ftr-490	807	19	benefit	benefit	NOUN
ftr-490	807	20	theory	theory	NOUN
ftr-490	807	21	and	and	CCONJ
ftr-490	807	22	cod	cod	NOUN
ftr-490	807	23	-	-	PUNCT
ftr-490	807	24	income	income	NOUN
ftr-490	807	25	theory	theory	NOUN
ftr-490	807	26	in	in	ADP
ftr-490	807	27	general	general	ADJ
ftr-490	807	28	.	.	PUNCT
ftr-490	808	1	at	at	ADP
ftr-490	808	2	the	the	DET
ftr-490	808	3	same	same	ADJ
ftr-490	808	4	time	time	NOUN
ftr-490	808	5	,	,	PUNCT
ftr-490	808	6	however	however	ADV
ftr-490	808	7	,	,	PUNCT
ftr-490	808	8	the	the	DET
ftr-490	808	9	case	case	NOUN
ftr-490	808	10	demonstrates	demonstrate	VERB
ftr-490	808	11	the	the	DET
ftr-490	808	12	ill	ill	ADV
ftr-490	808	13	-	-	PUNCT
ftr-490	808	14	advised	advise	VERB
ftr-490	808	15	continued	continued	ADJ
ftr-490	808	16	insistence	insistence	NOUN
ftr-490	808	17	by	by	ADP
ftr-490	808	18	both	both	CCONJ
ftr-490	808	19	the	the	DET
ftr-490	808	20	government	government	NOUN
ftr-490	808	21	and	and	CCONJ
ftr-490	808	22	the	the	DET
ftr-490	808	23	courts	court	NOUN
ftr-490	808	24	that	that	PRON
ftr-490	808	25	the	the	DET
ftr-490	808	26	two	two	NUM
ftr-490	808	27	theories	theory	NOUN
ftr-490	808	28	be	be	AUX
ftr-490	808	29	recognized	recognize	VERB
ftr-490	808	30	as	as	ADP
ftr-490	808	31	independent	independent	ADJ
ftr-490	808	32	grounds	ground	NOUN
ftr-490	808	33	for	for	ADP
ftr-490	808	34	generating	generate	VERB
ftr-490	808	35	ordinary	ordinary	ADJ
ftr-490	808	36	income	income	NOUN
ftr-490	808	37	in	in	ADP
ftr-490	808	38	the	the	DET
ftr-490	808	39	debt	debt	NOUN
ftr-490	808	40	-	-	PUNCT
ftr-490	808	41	discharge	discharge	NOUN
ftr-490	808	42	situation	situation	NOUN
ftr-490	808	43	.	.	PUNCT
ftr-490	809	1	(	(	PUNCT
ftr-490	809	2	though	though	SCONJ
ftr-490	809	3	the	the	DET
ftr-490	809	4	case	case	NOUN
ftr-490	809	5	did	do	AUX
ftr-490	809	6	not	not	PART
ftr-490	809	7	involve	involve	VERB
ftr-490	809	8	a	a	DET
ftr-490	809	9	tufts	tufts	NOUN
ftr-490	809	10	transfer	transfer	NOUN
ftr-490	809	11	and	and	CCONJ
ftr-490	809	12	thus	thus	ADV
ftr-490	809	13	in	in	ADP
ftr-490	809	14	that	that	DET
ftr-490	809	15	sense	sense	NOUN
ftr-490	809	16	is	be	AUX
ftr-490	809	17	a	a	DET
ftr-490	809	18	bit	bit	NOUN
ftr-490	809	19	of	of	ADP
ftr-490	809	20	a	a	DET
ftr-490	809	21	diversion	diversion	NOUN
ftr-490	809	22	from	from	ADP
ftr-490	809	23	the	the	DET
ftr-490	809	24	main	main	ADJ
ftr-490	809	25	point	point	NOUN
ftr-490	809	26	of	of	ADP
ftr-490	809	27	this	this	DET
ftr-490	809	28	article	article	NOUN
ftr-490	809	29	,	,	PUNCT
ftr-490	809	30	it	it	PRON
ftr-490	809	31	is	be	AUX
ftr-490	809	32	worth	worth	ADJ
ftr-490	809	33	talking	talk	VERB
ftr-490	809	34	about	about	ADP
ftr-490	809	35	in	in	ADP
ftr-490	809	36	connection	connection	NOUN
ftr-490	809	37	with	with	ADP
ftr-490	809	38	this	this	DET
ftr-490	809	39	section	section	NOUN
ftr-490	809	40	,	,	PUNCT
ftr-490	809	41	which	which	PRON
ftr-490	809	42	discusses	discuss	VERB
ftr-490	809	43	the	the	DET
ftr-490	809	44	outmoded	outmoded	ADJ
ftr-490	809	45	debt	debt	NOUN
ftr-490	809	46	-	-	PUNCT
ftr-490	809	47	discharge	discharge	NOUN
ftr-490	809	48	theory	theory	NOUN
ftr-490	809	49	discussed	discuss	VERB
ftr-490	809	50	in	in	ADP
ftr-490	809	51	footnote	footnote	NOUN
ftr-490	809	52	11	11	NUM
ftr-490	809	53	of	of	ADP
ftr-490	809	54	tufts	tuft	NOUN
ftr-490	809	55	and	and	CCONJ
ftr-490	809	56	the	the	DET
ftr-490	809	57	current	current	ADJ
ftr-490	809	58	tax	tax	NOUN
ftr-490	809	59	-	-	PUNCT
ftr-490	809	60	benefit	benefit	NOUN
ftr-490	809	61	theory	theory	NOUN
ftr-490	809	62	.	.	PUNCT
ftr-490	809	63	)	)	PUNCT
ftr-490	810	1	in	in	ADP
ftr-490	810	2	schlifke	schlifke	PROPN
ftr-490	810	3	v.	v.	ADP
ftr-490	810	4	commissioner,	commissioner,	PROPN
ftr-490	810	5	°	°	PROPN
ftr-490	810	6	9	9	NUM
ftr-490	810	7	the	the	DET
ftr-490	810	8	taxpayers	taxpayer	NOUN
ftr-490	810	9	borrowed	borrow	VERB
ftr-490	810	10	$	$	SYM
ftr-490	810	11	225,000	225,000	NUM
ftr-490	810	12	secured	secure	VERB
ftr-490	810	13	by	by	ADP
ftr-490	810	14	a	a	DET
ftr-490	810	15	second	second	ADJ
ftr-490	810	16	mortgage	mortgage	NOUN
ftr-490	810	17	on	on	ADP
ftr-490	810	18	their	their	PRON
ftr-490	810	19	home	home	NOUN
ftr-490	810	20	.	.	PUNCT
ftr-490	811	1	the	the	DET
ftr-490	811	2	terms	term	NOUN
ftr-490	811	3	of	of	ADP
ftr-490	811	4	the	the	DET
ftr-490	811	5	loan	loan	NOUN
ftr-490	811	6	required	require	VERB
ftr-490	811	7	sixty	sixty	ADJ
ftr-490	811	8	monthly	monthly	ADJ
ftr-490	811	9	payments	payment	NOUN
ftr-490	811	10	of	of	ADP
ftr-490	811	11	interest	interest	NOUN
ftr-490	811	12	and	and	CCONJ
ftr-490	811	13	a	a	DET
ftr-490	811	14	balloon	balloon	NOUN
ftr-490	811	15	payment	payment	NOUN
ftr-490	811	16	of	of	ADP
ftr-490	811	17	the	the	DET
ftr-490	811	18	principal	principal	NOUN
ftr-490	811	19	at	at	ADP
ftr-490	811	20	the	the	DET
ftr-490	811	21	end	end	NOUN
ftr-490	811	22	of	of	ADP
ftr-490	811	23	the	the	DET
ftr-490	811	24	five	five	NUM
ftr-490	811	25	-	-	PUNCT
ftr-490	811	26	year	year	NOUN
ftr-490	811	27	period	period	NOUN
ftr-490	811	28	.	.	PUNCT
ftr-490	812	1	for	for	ADP
ftr-490	812	2	nearly	nearly	ADV
ftr-490	812	3	three	three	NUM
ftr-490	812	4	years	year	NOUN
ftr-490	812	5	,	,	PUNCT
ftr-490	812	6	the	the	DET
ftr-490	812	7	taxpayers	taxpayer	NOUN
ftr-490	812	8	paid	pay	VERB
ftr-490	812	9	(	(	PUNCT
ftr-490	812	10	$	$	SYM
ftr-490	812	11	940,000	940,000	NUM
ftr-490	812	12	)	)	PUNCT
ftr-490	812	13	.	.	PUNCT
ftr-490	813	1	she	she	PRON
ftr-490	813	2	provides	provide	VERB
ftr-490	813	3	:	:	PUNCT
ftr-490	813	4	for	for	ADP
ftr-490	813	5	example	example	NOUN
ftr-490	813	6	,	,	PUNCT
ftr-490	813	7	assume	assume	VERB
ftr-490	813	8	a	a	DET
ftr-490	813	9	mortgage	mortgage	NOUN
ftr-490	813	10	liability	liability	NOUN
ftr-490	813	11	of	of	ADP
ftr-490	813	12	$	$	SYM
ftr-490	813	13	100	100	NUM
ftr-490	813	14	(	(	PUNCT
ftr-490	813	15	including	include	VERB
ftr-490	813	16	$	$	SYM
ftr-490	813	17	20	20	NUM
ftr-490	813	18	of	of	ADP
ftr-490	813	19	unpaid	unpaid	ADJ
ftr-490	813	20	interest	interest	NOUN
ftr-490	813	21	)	)	PUNCT
ftr-490	813	22	discharged	discharge	VERB
ftr-490	813	23	by	by	ADP
ftr-490	813	24	the	the	DET
ftr-490	813	25	transfer	transfer	NOUN
ftr-490	813	26	of	of	ADP
ftr-490	813	27	property	property	NOUN
ftr-490	813	28	worth	worth	ADJ
ftr-490	813	29	$	$	SYM
ftr-490	813	30	95	95	NUM
ftr-490	813	31	.	.	PUNCT
ftr-490	814	1	as	as	SCONJ
ftr-490	814	2	only	only	ADV
ftr-490	814	3	s5	s5	NOUN
ftr-490	814	4	of	of	ADP
ftr-490	814	5	the	the	DET
ftr-490	814	6	mortgage	mortgage	NOUN
ftr-490	814	7	liability	liability	NOUN
ftr-490	814	8	would	would	AUX
ftr-490	814	9	remain	remain	VERB
ftr-490	814	10	unpaid	unpaid	ADJ
ftr-490	814	11	,	,	PUNCT
ftr-490	814	12	the	the	DET
ftr-490	814	13	discharge	discharge	NOUN
ftr-490	814	14	could	could	AUX
ftr-490	814	15	not	not	PART
ftr-490	814	16	undermine	undermine	VERB
ftr-490	814	17	the	the	DET
ftr-490	814	18	full	full	ADJ
ftr-490	814	19	s20	s20	NOUN
ftr-490	814	20	deduction	deduction	NOUN
ftr-490	814	21	.	.	PUNCT
ftr-490	815	1	whether	whether	SCONJ
ftr-490	815	2	the	the	DET
ftr-490	815	3	portion	portion	NOUN
ftr-490	815	4	of	of	ADP
ftr-490	815	5	the	the	DET
ftr-490	815	6	liability	liability	NOUN
ftr-490	815	7	unpaid	unpaid	NOUN
ftr-490	815	8	should	should	AUX
ftr-490	815	9	be	be	AUX
ftr-490	815	10	attributed	attribute	VERB
ftr-490	815	11	in	in	ADP
ftr-490	815	12	tot	tot	NOUN
ftr-490	815	13	to	to	ADP
ftr-490	815	14	the	the	DET
ftr-490	815	15	prior	prior	ADJ
ftr-490	815	16	interest	interest	NOUN
ftr-490	815	17	deduction	deduction	NOUN
ftr-490	815	18	(	(	PUNCT
ftr-490	815	19	yielding	yield	VERB
ftr-490	815	20	a	a	DET
ftr-490	815	21	tax	tax	NOUN
ftr-490	815	22	benefit	benefit	NOUN
ftr-490	815	23	recovery	recovery	NOUN
ftr-490	815	24	of	of	ADP
ftr-490	815	25	s5	s5	PROPN
ftr-490	815	26	)	)	PUNCT
ftr-490	815	27	or	or	CCONJ
ftr-490	815	28	whether	whether	SCONJ
ftr-490	815	29	the	the	DET
ftr-490	815	30	transferred	transfer	VERB
ftr-490	815	31	property	property	NOUN
ftr-490	815	32	should	should	AUX
ftr-490	815	33	be	be	AUX
ftr-490	815	34	regarded	regard	VERB
ftr-490	815	35	as	as	ADP
ftr-490	815	36	having	having	AUX
ftr-490	815	37	contributed	contribute	VERB
ftr-490	815	38	proportionally	proportionally	ADV
ftr-490	815	39	to	to	ADP
ftr-490	815	40	both	both	CCONJ
ftr-490	815	41	the	the	DET
ftr-490	815	42	deductible	deductible	ADJ
ftr-490	815	43	and	and	CCONJ
ftr-490	815	44	to	to	ADP
ftr-490	815	45	the	the	DET
ftr-490	815	46	nondeductible	nondeductible	ADJ
ftr-490	815	47	portions	portion	NOUN
ftr-490	815	48	of	of	ADP
ftr-490	815	49	the	the	DET
ftr-490	815	50	debt	debt	NOUN
ftr-490	815	51	(	(	PUNCT
ftr-490	815	52	yielding	yield	VERB
ftr-490	815	53	a	a	DET
ftr-490	815	54	tax	tax	NOUN
ftr-490	815	55	benefit	benefit	NOUN
ftr-490	815	56	recovery	recovery	NOUN
ftr-490	815	57	of	of	ADP
ftr-490	815	58	5	5	NUM
ftr-490	815	59	%	%	NOUN
ftr-490	815	60	of	of	ADP
ftr-490	815	61	s20	s20	NOUN
ftr-490	815	62	)	)	PUNCT
ftr-490	815	63	remains	remain	VERB
ftr-490	815	64	unclear	unclear	ADJ
ftr-490	815	65	.	.	PUNCT
ftr-490	816	1	cunningham	cunningham	PROPN
ftr-490	816	2	ii	ii	PROPN
ftr-490	816	3	,	,	PUNCT
ftr-490	816	4	supra	supra	PROPN
ftr-490	816	5	note	note	PROPN
ftr-490	816	6	85	85	NUM
ftr-490	816	7	,	,	PUNCT
ftr-490	816	8	at	at	ADP
ftr-490	816	9	128	128	NUM
ftr-490	816	10	-	-	SYM
ftr-490	816	11	29	29	NUM
ftr-490	816	12	n.50	n.50	NOUN
ftr-490	816	13	;	;	PUNCT
ftr-490	816	14	see	see	VERB
ftr-490	816	15	also	also	ADV
ftr-490	816	16	cunningham	cunningham	PROPN
ftr-490	816	17	ill	ill	PROPN
ftr-490	816	18	,	,	PUNCT
ftr-490	816	19	supra	supra	PROPN
ftr-490	816	20	.	.	PUNCT
ftr-490	817	1	at	at	ADP
ftr-490	817	2	142	142	NUM
ftr-490	817	3	.	.	PUNCT
ftr-490	818	1	under	under	ADP
ftr-490	818	2	the	the	DET
ftr-490	818	3	bifurcated	bifurcated	ADJ
ftr-490	818	4	approach	approach	NOUN
ftr-490	818	5	advocated	advocate	VERB
ftr-490	818	6	in	in	ADP
ftr-490	818	7	this	this	DET
ftr-490	818	8	article	article	NOUN
ftr-490	818	9	.	.	PUNCT
ftr-490	819	1	allan	allan	PROPN
ftr-490	819	2	would	would	AUX
ftr-490	819	3	have	have	AUX
ftr-490	819	4	realized	realize	VERB
ftr-490	819	5	a	a	DET
ftr-490	819	6	capital	capital	NOUN
ftr-490	819	7	loss	loss	NOUN
ftr-490	819	8	of	of	ADP
ftr-490	819	9	$	$	SYM
ftr-490	819	10	110,000	110,000	NUM
ftr-490	819	11	(	(	PUNCT
ftr-490	819	12	the	the	DET
ftr-490	819	13	difference	difference	NOUN
ftr-490	819	14	between	between	ADP
ftr-490	819	15	the	the	DET
ftr-490	819	16	property	property	NOUN
ftr-490	819	17	's	's	PART
ftr-490	819	18	fair	fair	ADJ
ftr-490	819	19	market	market	NOUN
ftr-490	819	20	value	value	NOUN
ftr-490	819	21	and	and	CCONJ
ftr-490	819	22	basis	basis	NOUN
ftr-490	819	23	)	)	PUNCT
ftr-490	819	24	and	and	CCONJ
ftr-490	819	25	cod	cod	NOUN
ftr-490	819	26	income	income	NOUN
ftr-490	819	27	of	of	ADP
ftr-490	819	28	s960,000	s960,000	NOUN
ftr-490	819	29	(	(	PUNCT
ftr-490	819	30	the	the	DET
ftr-490	819	31	difference	difference	NOUN
ftr-490	819	32	between	between	ADP
ftr-490	819	33	the	the	DET
ftr-490	819	34	debt	debt	NOUN
ftr-490	819	35	and	and	CCONJ
ftr-490	819	36	the	the	DET
ftr-490	819	37	fair	fair	ADJ
ftr-490	819	38	market	market	NOUN
ftr-490	819	39	value	value	NOUN
ftr-490	819	40	of	of	ADP
ftr-490	819	41	the	the	DET
ftr-490	819	42	property	property	NOUN
ftr-490	819	43	transferred	transfer	VERB
ftr-490	819	44	in	in	ADP
ftr-490	819	45	complete	complete	ADJ
ftr-490	819	46	settlement	settlement	NOUN
ftr-490	819	47	of	of	ADP
ftr-490	819	48	it	it	PRON
ftr-490	819	49	)	)	PUNCT
ftr-490	819	50	.	.	PUNCT
ftr-490	820	1	because	because	SCONJ
ftr-490	820	2	the	the	DET
ftr-490	820	3	ordinary	ordinary	ADJ
ftr-490	820	4	income	income	NOUN
ftr-490	820	5	arises	arise	VERB
ftr-490	820	6	under	under	ADP
ftr-490	820	7	debt	debt	NOUN
ftr-490	820	8	-	-	PUNCT
ftr-490	820	9	discharge	discharge	NOUN
ftr-490	820	10	theory	theory	NOUN
ftr-490	820	11	by	by	ADP
ftr-490	820	12	linking	link	VERB
ftr-490	820	13	the	the	DET
ftr-490	820	14	failure	failure	NOUN
ftr-490	820	15	to	to	PART
ftr-490	820	16	satisfy	satisfy	VERB
ftr-490	820	17	with	with	ADP
ftr-490	820	18	after	after	ADP
ftr-490	820	19	-	-	PUNCT
ftr-490	820	20	tax	tax	NOUN
ftr-490	820	21	dollars	dollar	NOUN
ftr-490	820	22	the	the	DET
ftr-490	820	23	entire	entire	ADJ
ftr-490	820	24	debt	debt	NOUN
ftr-490	820	25	originally	originally	ADV
ftr-490	820	26	excluded	exclude	VERB
ftr-490	820	27	,	,	PUNCT
ftr-490	820	28	the	the	DET
ftr-490	820	29	extent	extent	NOUN
ftr-490	820	30	to	to	PART
ftr-490	820	31	which	which	PRON
ftr-490	820	32	the	the	DET
ftr-490	820	33	proceeds	proceed	NOUN
ftr-490	820	34	were	be	AUX
ftr-490	820	35	used	use	VERB
ftr-490	820	36	for	for	ADP
ftr-490	820	37	deductible	deductible	ADJ
ftr-490	820	38	purposes	purpose	NOUN
ftr-490	820	39	becomes	become	VERB
ftr-490	820	40	irrelevant	irrelevant	ADJ
ftr-490	820	41	,	,	PUNCT
ftr-490	820	42	and	and	CCONJ
ftr-490	820	43	the	the	DET
ftr-490	820	44	difficulty	difficulty	NOUN
ftr-490	820	45	noted	note	VERB
ftr-490	820	46	above	above	ADP
ftr-490	820	47	disappears	disappear	VERB
ftr-490	820	48	.	.	PUNCT
ftr-490	821	1	in	in	ADP
ftr-490	821	2	the	the	DET
ftr-490	821	3	example	example	NOUN
ftr-490	821	4	posited	posit	VERB
ftr-490	821	5	by	by	ADP
ftr-490	821	6	professor	professor	PROPN
ftr-490	821	7	cunningham	cunningham	PROPN
ftr-490	821	8	,	,	PUNCT
ftr-490	821	9	the	the	DET
ftr-490	821	10	transfer	transfer	NOUN
ftr-490	821	11	would	would	AUX
ftr-490	821	12	produce	produce	VERB
ftr-490	821	13	$	$	SYM
ftr-490	821	14	5	5	NUM
ftr-490	821	15	of	of	ADP
ftr-490	821	16	cod	cod	NOUN
ftr-490	821	17	income	income	NOUN
ftr-490	821	18	,	,	PUNCT
ftr-490	821	19	just	just	ADV
ftr-490	821	20	as	as	ADP
ftr-490	821	21	in	in	ADP
ftr-490	821	22	the	the	DET
ftr-490	821	23	case	case	NOUN
ftr-490	821	24	of	of	ADP
ftr-490	821	25	recourse	recourse	NOUN
ftr-490	821	26	debt	debt	NOUN
ftr-490	821	27	.	.	PUNCT
ftr-490	822	1	this	this	PRON
ftr-490	822	2	would	would	AUX
ftr-490	822	3	be	be	AUX
ftr-490	822	4	true	true	ADJ
ftr-490	822	5	regardless	regardless	ADV
ftr-490	822	6	of	of	ADP
ftr-490	822	7	how	how	SCONJ
ftr-490	822	8	much	much	ADJ
ftr-490	822	9	,	,	PUNCT
ftr-490	822	10	if	if	SCONJ
ftr-490	822	11	any	any	PRON
ftr-490	822	12	,	,	PUNCT
ftr-490	822	13	of	of	ADP
ftr-490	822	14	the	the	DET
ftr-490	822	15	principal	principal	ADJ
ftr-490	822	16	amount	amount	NOUN
ftr-490	822	17	of	of	ADP
ftr-490	822	18	the	the	DET
ftr-490	822	19	loan	loan	NOUN
ftr-490	822	20	was	be	AUX
ftr-490	822	21	used	use	VERB
ftr-490	822	22	to	to	PART
ftr-490	822	23	pay	pay	VERB
ftr-490	822	24	deductible	deductible	ADJ
ftr-490	822	25	expenses	expense	NOUN
ftr-490	822	26	such	such	ADJ
ftr-490	822	27	as	as	ADP
ftr-490	822	28	taxes	taxis	NOUN
ftr-490	822	29	and	and	CCONJ
ftr-490	822	30	interest	interest	NOUN
ftr-490	822	31	.	.	PUNCT
ftr-490	823	1	the	the	DET
ftr-490	823	2	use	use	NOUN
ftr-490	823	3	to	to	PART
ftr-490	823	4	which	which	PRON
ftr-490	823	5	the	the	DET
ftr-490	823	6	loan	loan	NOUN
ftr-490	823	7	proceeds	proceed	NOUN
ftr-490	823	8	were	be	AUX
ftr-490	823	9	put	put	VERB
ftr-490	823	10	is	be	AUX
ftr-490	823	11	simply	simply	ADV
ftr-490	823	12	irrelevant	irrelevant	ADJ
ftr-490	823	13	in	in	ADP
ftr-490	823	14	analyzing	analyze	VERB
ftr-490	823	15	the	the	DET
ftr-490	823	16	taxability	taxability	NOUN
ftr-490	823	17	of	of	ADP
ftr-490	823	18	cod	cod	NOUN
ftr-490	823	19	income	income	NOUN
ftr-490	823	20	when	when	SCONJ
ftr-490	823	21	debt	debt	NOUN
ftr-490	823	22	is	be	AUX
ftr-490	823	23	cancelled	cancel	VERB
ftr-490	823	24	.	.	PUNCT
ftr-490	824	1	(	(	PUNCT
ftr-490	824	2	moreover	moreover	ADV
ftr-490	824	3	,	,	PUNCT
ftr-490	824	4	tracing	trace	VERB
ftr-490	824	5	the	the	DET
ftr-490	824	6	use	use	NOUN
ftr-490	824	7	of	of	ADP
ftr-490	824	8	fungible	fungible	ADJ
ftr-490	824	9	loan	loan	NOUN
ftr-490	824	10	proceeds	proceed	NOUN
ftr-490	824	11	is	be	AUX
ftr-490	824	12	a	a	DET
ftr-490	824	13	dubious	dubious	ADJ
ftr-490	824	14	enterprise	enterprise	NOUN
ftr-490	824	15	at	at	ADP
ftr-490	824	16	best	well	ADV
ftr-490	824	17	.	.	PUNCT
ftr-490	825	1	see	see	VERB
ftr-490	825	2	infra	infra	NOUN
ftr-490	825	3	note	note	VERB
ftr-490	825	4	203	203	NUM
ftr-490	825	5	(	(	PUNCT
ftr-490	825	6	discussing	discuss	VERB
ftr-490	825	7	the	the	DET
ftr-490	825	8	futility	futility	NOUN
ftr-490	825	9	of	of	ADP
ftr-490	825	10	tracing	trace	VERB
ftr-490	825	11	the	the	DET
ftr-490	825	12	use	use	NOUN
ftr-490	825	13	of	of	ADP
ftr-490	825	14	loan	loan	NOUN
ftr-490	825	15	proceeds	proceed	NOUN
ftr-490	825	16	in	in	ADP
ftr-490	825	17	order	order	NOUN
ftr-490	825	18	to	to	PART
ftr-490	825	19	determine	determine	VERB
ftr-490	825	20	whether	whether	SCONJ
ftr-490	825	21	discharge	discharge	NOUN
ftr-490	825	22	of	of	ADP
ftr-490	825	23	a	a	DET
ftr-490	825	24	debt	debt	NOUN
ftr-490	825	25	produces	produce	VERB
ftr-490	825	26	cod	cod	NOUN
ftr-490	825	27	income	income	NOUN
ftr-490	825	28	under	under	ADP
ftr-490	825	29	the	the	DET
ftr-490	825	30	kerbaugh	kerbaugh	NOUN
ftr-490	825	31	-	-	PUNCT
ftr-490	825	32	empire	empire	NOUN
ftr-490	825	33	rule	rule	NOUN
ftr-490	825	34	that	that	SCONJ
ftr-490	825	35	no	no	DET
ftr-490	825	36	cod	cod	NOUN
ftr-490	825	37	income	income	NOUN
ftr-490	825	38	arises	arise	VERB
ftr-490	825	39	if	if	SCONJ
ftr-490	825	40	the	the	DET
ftr-490	825	41	loan	loan	NOUN
ftr-490	825	42	proceeds	proceed	NOUN
ftr-490	825	43	were	be	AUX
ftr-490	825	44	expended	expend	VERB
ftr-490	825	45	in	in	ADP
ftr-490	825	46	an	an	DET
ftr-490	825	47	unprofitable	unprofitable	ADJ
ftr-490	825	48	transaction	transaction	NOUN
ftr-490	825	49	)	)	PUNCT
ftr-490	825	50	.	.	PUNCT
ftr-490	825	51	)	)	PUNCT
ftr-490	826	1	109	109	NUM
ftr-490	826	2	.	.	NOUN
ftr-490	826	3	61	61	NUM
ftr-490	826	4	t.c.m	t.c.m	NOUN
ftr-490	826	5	.	.	PUNCT
ftr-490	827	1	(	(	PUNCT
ftr-490	827	2	cch	cch	PROPN
ftr-490	827	3	)	)	PUNCT
ftr-490	827	4	1697	1697	NUM
ftr-490	827	5	,	,	PUNCT
ftr-490	827	6	t.c.m	t.c.m	INTJ
ftr-490	827	7	.	.	PUNCT
ftr-490	828	1	(	(	PUNCT
ftr-490	828	2	p	p	NOUN
ftr-490	828	3	-	-	PUNCT
ftr-490	828	4	h	h	NOUN
ftr-490	828	5	)	)	PUNCT
ftr-490	828	6	1	1	NUM
ftr-490	828	7	91.019	91.019	NUM
ftr-490	828	8	(	(	PUNCT
ftr-490	828	9	1991	1991	NUM
ftr-490	828	10	)	)	PUNCT
ftr-490	828	11	.	.	PUNCT
ftr-490	829	1	19921	19921	NUM
ftr-490	829	2	florida	florida	PROPN
ftr-490	829	3	tax	tax	PROPN
ftr-490	829	4	review	review	NOUN
ftr-490	829	5	deductible	deductible	ADJ
ftr-490	829	6	interest	interest	NOUN
ftr-490	829	7	and	and	CCONJ
ftr-490	829	8	finance	finance	NOUN
ftr-490	829	9	charges	charge	NOUN
ftr-490	829	10	of	of	ADP
ftr-490	829	11	approximately	approximately	ADV
ftr-490	829	12	$	$	SYM
ftr-490	829	13	140,000	140,000	NUM
ftr-490	829	14	,	,	PUNCT
ftr-490	829	15	which	which	PRON
ftr-490	829	16	did	do	AUX
ftr-490	829	17	reduce	reduce	VERB
ftr-490	829	18	the	the	DET
ftr-490	829	19	positive	positive	ADJ
ftr-490	829	20	taxable	taxable	ADJ
ftr-490	829	21	income	income	NOUN
ftr-490	829	22	of	of	ADP
ftr-490	829	23	the	the	DET
ftr-490	829	24	taxpayers	taxpayer	NOUN
ftr-490	829	25	in	in	ADP
ftr-490	829	26	the	the	DET
ftr-490	829	27	years	year	NOUN
ftr-490	829	28	deducted	deduct	VERB
ftr-490	829	29	.	.	PUNCT
ftr-490	830	1	pursuant	pursuant	ADJ
ftr-490	830	2	to	to	ADP
ftr-490	830	3	the	the	DET
ftr-490	830	4	loan	loan	NOUN
ftr-490	830	5	agreement	agreement	NOUN
ftr-490	830	6	,	,	PUNCT
ftr-490	830	7	no	no	DET
ftr-490	830	8	principal	principal	ADJ
ftr-490	830	9	payments	payment	NOUN
ftr-490	830	10	were	be	AUX
ftr-490	830	11	made	make	VERB
ftr-490	830	12	.	.	PUNCT
ftr-490	831	1	the	the	DET
ftr-490	831	2	taxpayers	taxpayer	NOUN
ftr-490	831	3	were	be	AUX
ftr-490	831	4	then	then	ADV
ftr-490	831	5	informed	inform	VERB
ftr-490	831	6	that	that	SCONJ
ftr-490	831	7	the	the	DET
ftr-490	831	8	lender	lender	NOUN
ftr-490	831	9	failed	fail	VERB
ftr-490	831	10	to	to	PART
ftr-490	831	11	comply	comply	VERB
ftr-490	831	12	with	with	ADP
ftr-490	831	13	the	the	DET
ftr-490	831	14	requirements	requirement	NOUN
ftr-490	831	15	of	of	ADP
ftr-490	831	16	the	the	DET
ftr-490	831	17	truth	truth	NOUN
ftr-490	831	18	in	in	ADP
ftr-490	831	19	lending	lending	NOUN
ftr-490	831	20	act	act	NOUN
ftr-490	831	21	,	,	PUNCT
ftr-490	831	22	giving	give	VERB
ftr-490	831	23	the	the	DET
ftr-490	831	24	taxpayers	taxpayer	NOUN
ftr-490	831	25	the	the	DET
ftr-490	831	26	right	right	NOUN
ftr-490	831	27	to	to	PART
ftr-490	831	28	rescind	rescind	VERB
ftr-490	831	29	the	the	DET
ftr-490	831	30	loan	loan	NOUN
ftr-490	831	31	if	if	SCONJ
ftr-490	831	32	they	they	PRON
ftr-490	831	33	wished	wish	VERB
ftr-490	831	34	by	by	ADP
ftr-490	831	35	repaying	repay	VERB
ftr-490	831	36	the	the	DET
ftr-490	831	37	principal	principal	ADJ
ftr-490	831	38	amount	amount	NOUN
ftr-490	831	39	of	of	ADP
ftr-490	831	40	the	the	DET
ftr-490	831	41	loan	loan	NOUN
ftr-490	831	42	"	"	PUNCT
ftr-490	831	43	less	less	ADJ
ftr-490	831	44	any	any	DET
ftr-490	831	45	payments	payment	NOUN
ftr-490	831	46	made	make	VERB
ftr-490	831	47	by	by	ADP
ftr-490	831	48	them	they	PRON
ftr-490	831	49	.	.	PUNCT
ftr-490	831	50	'	'	PUNCT
ftr-490	832	1	'	'	PUNCT
ftr-490	832	2	"	"	PUNCT
ftr-490	832	3	°	°	PROPN
ftr-490	832	4	the	the	DET
ftr-490	832	5	taxpayers	taxpayer	NOUN
ftr-490	832	6	effected	effect	VERB
ftr-490	832	7	the	the	DET
ftr-490	832	8	rescission	rescission	NOUN
ftr-490	832	9	by	by	ADP
ftr-490	832	10	paying	pay	VERB
ftr-490	832	11	the	the	DET
ftr-490	832	12	creditor	creditor	NOUN
ftr-490	832	13	$	$	SYM
ftr-490	832	14	85,000	85,000	NUM
ftr-490	832	15	.	.	PUNCT
ftr-490	833	1	the	the	DET
ftr-490	833	2	taxpayers	taxpayer	NOUN
ftr-490	833	3	,	,	PUNCT
ftr-490	833	4	in	in	ADP
ftr-490	833	5	effect	effect	NOUN
ftr-490	833	6	,	,	PUNCT
ftr-490	833	7	were	be	AUX
ftr-490	833	8	permitted	permit	VERB
ftr-490	833	9	to	to	PART
ftr-490	833	10	charge	charge	VERB
ftr-490	833	11	the	the	DET
ftr-490	833	12	prior	prior	ADJ
ftr-490	833	13	interest	interest	NOUN
ftr-490	833	14	payments	payment	NOUN
ftr-490	833	15	they	they	PRON
ftr-490	833	16	had	have	AUX
ftr-490	833	17	made	make	VERB
ftr-490	833	18	against	against	ADP
ftr-490	833	19	the	the	DET
ftr-490	833	20	$	$	SYM
ftr-490	833	21	225,000	225,000	NUM
ftr-490	833	22	principal	principal	NOUN
ftr-490	833	23	in	in	ADP
ftr-490	833	24	determining	determine	VERB
ftr-490	833	25	the	the	DET
ftr-490	833	26	outstanding	outstanding	ADJ
ftr-490	833	27	principal	principal	NOUN
ftr-490	833	28	that	that	PRON
ftr-490	833	29	needed	need	VERB
ftr-490	833	30	to	to	PART
ftr-490	833	31	be	be	AUX
ftr-490	833	32	repaid	repay	VERB
ftr-490	833	33	to	to	PART
ftr-490	833	34	accomplish	accomplish	VERB
ftr-490	833	35	the	the	DET
ftr-490	833	36	rescission	rescission	NOUN
ftr-490	833	37	.	.	PUNCT
ftr-490	834	1	in	in	ADP
ftr-490	834	2	effect	effect	NOUN
ftr-490	834	3	,	,	PUNCT
ftr-490	834	4	the	the	DET
ftr-490	834	5	loan	loan	NOUN
ftr-490	834	6	was	be	AUX
ftr-490	834	7	converted	convert	VERB
ftr-490	834	8	into	into	ADP
ftr-490	834	9	an	an	DET
ftr-490	834	10	interestfree	interestfree	ADJ
ftr-490	834	11	loan	loan	NOUN
ftr-490	834	12	for	for	ADP
ftr-490	834	13	the	the	DET
ftr-490	834	14	nearly	nearly	ADV
ftr-490	834	15	three	three	NUM
ftr-490	834	16	-	-	PUNCT
ftr-490	834	17	year	year	NOUN
ftr-490	834	18	period	period	NOUN
ftr-490	834	19	it	it	PRON
ftr-490	834	20	was	be	AUX
ftr-490	834	21	outstanding	outstanding	ADJ
ftr-490	834	22	.	.	PUNCT
ftr-490	835	1	"	"	PUNCT
ftr-490	835	2	'	'	PUNCT
ftr-490	835	3	the	the	DET
ftr-490	835	4	commissioner	commissioner	NOUN
ftr-490	835	5	argued	argue	VERB
ftr-490	835	6	that	that	SCONJ
ftr-490	835	7	the	the	DET
ftr-490	835	8	taxpayers	taxpayer	NOUN
ftr-490	835	9	realized	realize	VERB
ftr-490	835	10	$	$	SYM
ftr-490	835	11	140,000	140,000	NUM
ftr-490	835	12	gross	gross	ADJ
ftr-490	835	13	income	income	NOUN
ftr-490	835	14	in	in	ADP
ftr-490	835	15	the	the	DET
ftr-490	835	16	year	year	NOUN
ftr-490	835	17	of	of	ADP
ftr-490	835	18	the	the	DET
ftr-490	835	19	rescission	rescission	NOUN
ftr-490	835	20	under	under	ADP
ftr-490	835	21	alternative	alternative	ADJ
ftr-490	835	22	theories	theory	NOUN
ftr-490	835	23	:	:	PUNCT
ftr-490	835	24	(	(	PUNCT
ftr-490	835	25	1	1	X
ftr-490	835	26	)	)	PUNCT
ftr-490	835	27	the	the	DET
ftr-490	835	28	discharge	discharge	NOUN
ftr-490	835	29	of	of	ADP
ftr-490	835	30	the	the	DET
ftr-490	835	31	$	$	SYM
ftr-490	835	32	225,000	225,000	NUM
ftr-490	835	33	loan	loan	NOUN
ftr-490	835	34	on	on	ADP
ftr-490	835	35	the	the	DET
ftr-490	835	36	payment	payment	NOUN
ftr-490	835	37	of	of	ADP
ftr-490	835	38	$	$	SYM
ftr-490	835	39	85,000	85,000	NUM
ftr-490	835	40	produced	produce	VERB
ftr-490	835	41	$	$	SYM
ftr-490	835	42	140,000	140,000	NUM
ftr-490	835	43	of	of	ADP
ftr-490	835	44	cod	cod	NOUN
ftr-490	835	45	income	income	NOUN
ftr-490	835	46	;	;	PUNCT
ftr-490	835	47	and	and	CCONJ
ftr-490	835	48	(	(	PUNCT
ftr-490	835	49	2	2	X
ftr-490	835	50	)	)	PUNCT
ftr-490	835	51	the	the	DET
ftr-490	835	52	crediting	crediting	NOUN
ftr-490	835	53	of	of	ADP
ftr-490	835	54	the	the	DET
ftr-490	835	55	interest	interest	NOUN
ftr-490	835	56	payments	payment	NOUN
ftr-490	835	57	deducted	deduct	VERB
ftr-490	835	58	in	in	ADP
ftr-490	835	59	prior	prior	ADJ
ftr-490	835	60	years	year	NOUN
ftr-490	835	61	against	against	ADP
ftr-490	835	62	the	the	DET
ftr-490	835	63	principal	principal	NOUN
ftr-490	835	64	of	of	ADP
ftr-490	835	65	the	the	DET
ftr-490	835	66	loan	loan	NOUN
ftr-490	835	67	was	be	AUX
ftr-490	835	68	an	an	DET
ftr-490	835	69	event	event	NOUN
ftr-490	835	70	"	"	PUNCT
ftr-490	835	71	fundamentally	fundamentally	ADV
ftr-490	835	72	inconsistent	inconsistent	ADJ
ftr-490	835	73	'	'	PUNCT
ftr-490	835	74	"	"	PUNCT
ftr-490	835	75	"	"	PUNCT
ftr-490	835	76	2	2	NUM
ftr-490	835	77	with	with	ADP
ftr-490	835	78	the	the	DET
ftr-490	835	79	premise	premise	NOUN
ftr-490	835	80	of	of	ADP
ftr-490	835	81	the	the	DET
ftr-490	835	82	prior	prior	ADJ
ftr-490	835	83	deductions	deduction	NOUN
ftr-490	835	84	(	(	PUNCT
ftr-490	835	85	that	that	SCONJ
ftr-490	835	86	the	the	DET
ftr-490	835	87	payments	payment	NOUN
ftr-490	835	88	were	be	AUX
ftr-490	835	89	interest	interest	NOUN
ftr-490	835	90	,	,	PUNCT
ftr-490	835	91	not	not	PART
ftr-490	835	92	principal	principal	ADJ
ftr-490	835	93	)	)	PUNCT
ftr-490	835	94	,	,	PUNCT
ftr-490	835	95	producing	produce	VERB
ftr-490	835	96	$	$	SYM
ftr-490	835	97	140,000	140,000	NUM
ftr-490	835	98	of	of	ADP
ftr-490	835	99	gross	gross	ADJ
ftr-490	835	100	income	income	NOUN
ftr-490	835	101	under	under	ADP
ftr-490	835	102	the	the	DET
ftr-490	835	103	narrow	narrow	ADJ
ftr-490	835	104	articulation	articulation	NOUN
ftr-490	835	105	of	of	ADP
ftr-490	835	106	the	the	DET
ftr-490	835	107	tax	tax	NOUN
ftr-490	835	108	-	-	PUNCT
ftr-490	835	109	benefit	benefit	NOUN
ftr-490	835	110	rule	rule	NOUN
ftr-490	835	111	.	.	PUNCT
ftr-490	836	1	"3	"3	NOUN
ftr-490	837	1	the	the	DET
ftr-490	837	2	tax	tax	NOUN
ftr-490	837	3	court	court	NOUN
ftr-490	837	4	chose	choose	VERB
ftr-490	837	5	to	to	PART
ftr-490	837	6	hold	hold	VERB
ftr-490	837	7	for	for	ADP
ftr-490	837	8	the	the	DET
ftr-490	837	9	commissioner	commissioner	NOUN
ftr-490	837	10	on	on	ADP
ftr-490	837	11	the	the	DET
ftr-490	837	12	second	second	ADJ
ftr-490	837	13	ground	ground	NOUN
ftr-490	837	14	,	,	PUNCT
ftr-490	837	15	citing	cite	VERB
ftr-490	837	16	its	its	PRON
ftr-490	837	17	aversion	aversion	NOUN
ftr-490	837	18	to	to	ADP
ftr-490	837	19	grappling	grapple	VERB
ftr-490	837	20	with	with	ADP
ftr-490	837	21	the	the	DET
ftr-490	837	22	nuances	nuance	NOUN
ftr-490	837	23	of	of	ADP
ftr-490	837	24	debt	debt	NOUN
ftr-490	837	25	-	-	PUNCT
ftr-490	837	26	discharge	discharge	NOUN
ftr-490	837	27	theory	theory	NOUN
ftr-490	837	28	.	.	PUNCT
ftr-490	838	1	the	the	DET
ftr-490	838	2	issue	issue	NOUN
ftr-490	838	3	of	of	ADP
ftr-490	838	4	income	income	NOUN
ftr-490	838	5	from	from	ADP
ftr-490	838	6	discharge	discharge	NOUN
ftr-490	838	7	of	of	ADP
ftr-490	838	8	an	an	DET
ftr-490	838	9	indebtedness	indebtedness	NOUN
ftr-490	838	10	for	for	ADP
ftr-490	838	11	less	less	ADJ
ftr-490	838	12	than	than	ADP
ftr-490	838	13	its	its	PRON
ftr-490	838	14	face	face	NOUN
ftr-490	838	15	amount	amount	NOUN
ftr-490	838	16	is	be	AUX
ftr-490	838	17	,	,	PUNCT
ftr-490	838	18	to	to	PART
ftr-490	838	19	say	say	VERB
ftr-490	838	20	the	the	DET
ftr-490	838	21	least	least	ADJ
ftr-490	838	22	,	,	PUNCT
ftr-490	838	23	controversial	controversial	ADJ
ftr-490	838	24	.	.	PUNCT
ftr-490	839	1	see	see	VERB
ftr-490	839	2	zarin	zarin	PROPN
ftr-490	839	3	v.	v.	PROPN
ftr-490	839	4	commissioner	commissioner	PROPN
ftr-490	839	5	.	.	PUNCT
ftr-490	840	1	since	since	SCONJ
ftr-490	840	2	we	we	PRON
ftr-490	840	3	conclude	conclude	VERB
ftr-490	840	4	that	that	PRON
ftr-490	840	5	respondent	respondent	NOUN
ftr-490	840	6	's	's	PART
ftr-490	840	7	determination	determination	NOUN
ftr-490	840	8	should	should	AUX
ftr-490	840	9	be	be	AUX
ftr-490	840	10	sustained	sustain	VERB
ftr-490	840	11	under	under	ADP
ftr-490	840	12	the	the	DET
ftr-490	840	13	tax	tax	NOUN
ftr-490	840	14	benefit	benefit	NOUN
ftr-490	840	15	rule	rule	NOUN
ftr-490	840	16	,	,	PUNCT
ftr-490	840	17	we	we	PRON
ftr-490	840	18	find	find	VERB
ftr-490	840	19	it	it	PRON
ftr-490	840	20	unnecessary	unnecessary	ADJ
ftr-490	840	21	to	to	PART
ftr-490	840	22	cut	cut	VERB
ftr-490	840	23	our	our	PRON
ftr-490	840	24	way	way	NOUN
ftr-490	840	25	through	through	ADP
ftr-490	840	26	the	the	DET
ftr-490	840	27	thicket	thicket	NOUN
ftr-490	840	28	of	of	ADP
ftr-490	840	29	sub	sub	NOUN
ftr-490	840	30	-	-	NOUN
ftr-490	840	31	issues	issue	NOUN
ftr-490	840	32	which	which	PRON
ftr-490	840	33	inhere	inhere	VERB
ftr-490	840	34	in	in	ADP
ftr-490	840	35	that	that	DET
ftr-490	840	36	controversy	controversy	NOUN
ftr-490	840	37	,	,	PUNCT
ftr-490	840	38	such	such	ADJ
ftr-490	840	39	as	as	ADP
ftr-490	840	40	the	the	DET
ftr-490	840	41	presence	presence	NOUN
ftr-490	840	42	of	of	ADP
ftr-490	840	43	a	a	DET
ftr-490	840	44	liquidated	liquidate	VERB
ftr-490	840	45	,	,	PUNCT
ftr-490	840	46	as	as	SCONJ
ftr-490	840	47	distinguished	distinguish	VERB
ftr-490	840	48	from	from	ADP
ftr-490	840	49	an	an	DET
ftr-490	840	50	unliquidated	unliquidated	ADJ
ftr-490	840	51	,	,	PUNCT
ftr-490	840	52	indebtedness	indebtedness	NOUN
ftr-490	840	53	,	,	PUNCT
ftr-490	840	54	and	and	CCONJ
ftr-490	840	55	the	the	DET
ftr-490	840	56	enforceability	enforceability	NOUN
ftr-490	840	57	of	of	ADP
ftr-490	840	58	the	the	DET
ftr-490	840	59	underlying	underlie	VERB
ftr-490	840	60	obligation	obligation	NOUN
ftr-490	840	61	,	,	PUNCT
ftr-490	840	62	i.e.	i.e.	X
ftr-490	840	63	,	,	PUNCT
ftr-490	840	64	whether	whether	SCONJ
ftr-490	840	65	it	it	PRON
ftr-490	840	66	is	be	AUX
ftr-490	840	67	void	void	ADJ
ftr-490	840	68	or	or	CCONJ
ftr-490	840	69	voidable	voidable	ADJ
ftr-490	840	70	and	and	CCONJ
ftr-490	840	71	the	the	DET
ftr-490	840	72	impact	impact	NOUN
ftr-490	840	73	of	of	ADP
ftr-490	840	74	the	the	DET
ftr-490	840	75	element	element	NOUN
ftr-490	840	76	of	of	ADP
ftr-490	840	77	rescission	rescission	NOUN
ftr-490	840	78	thereon	thereon	NOUN
ftr-490	840	79	.	.	PUNCT
ftr-490	840	80	'	'	PUNCT
ftr-490	841	1	110	110	NUM
ftr-490	841	2	.	.	PUNCT
ftr-490	842	1	t.c.m	t.c.m	INTJ
ftr-490	842	2	.	.	PUNCT
ftr-490	843	1	(	(	PUNCT
ftr-490	843	2	cch	cch	PROPN
ftr-490	843	3	)	)	PUNCT
ftr-490	843	4	1697	1697	NUM
ftr-490	843	5	,	,	PUNCT
ftr-490	843	6	t.c.m	t.c.m	INTJ
ftr-490	843	7	.	.	PUNCT
ftr-490	844	1	(	(	PUNCT
ftr-490	844	2	p	p	NOUN
ftr-490	844	3	-	-	PUNCT
ftr-490	844	4	h	h	NOUN
ftr-490	844	5	)	)	PUNCT
ftr-490	844	6	91,019	91,019	NUM
ftr-490	844	7	at	at	ADP
ftr-490	844	8	78	78	NUM
ftr-490	844	9	.	.	PUNCT
ftr-490	844	10	111	111	NUM
ftr-490	844	11	.	.	PUNCT
ftr-490	844	12	code	code	NOUN
ftr-490	844	13	section	section	NOUN
ftr-490	844	14	7872	7872	NUM
ftr-490	844	15	,	,	PUNCT
ftr-490	844	16	which	which	PRON
ftr-490	844	17	imputes	impute	VERB
ftr-490	844	18	interest	interest	NOUN
ftr-490	844	19	to	to	ADP
ftr-490	844	20	certain	certain	ADJ
ftr-490	844	21	below	below	ADP
ftr-490	844	22	-	-	PUNCT
ftr-490	844	23	market	market	NOUN
ftr-490	844	24	loans	loan	NOUN
ftr-490	844	25	,	,	PUNCT
ftr-490	844	26	was	be	AUX
ftr-490	844	27	not	not	PART
ftr-490	844	28	yet	yet	ADV
ftr-490	844	29	enacted	enact	VERB
ftr-490	844	30	at	at	ADP
ftr-490	844	31	the	the	DET
ftr-490	844	32	time	time	NOUN
ftr-490	844	33	of	of	ADP
ftr-490	844	34	this	this	DET
ftr-490	844	35	transaction	transaction	NOUN
ftr-490	844	36	.	.	PUNCT
ftr-490	845	1	thus	thus	ADV
ftr-490	845	2	,	,	PUNCT
ftr-490	845	3	characterizing	characterize	VERB
ftr-490	845	4	the	the	DET
ftr-490	845	5	loan	loan	NOUN
ftr-490	845	6	for	for	ADP
ftr-490	845	7	tax	tax	NOUN
ftr-490	845	8	purposes	purpose	NOUN
ftr-490	845	9	as	as	ADP
ftr-490	845	10	an	an	DET
ftr-490	845	11	interest	interest	NOUN
ftr-490	845	12	-	-	PUNCT
ftr-490	845	13	free	free	ADJ
ftr-490	845	14	loan	loan	NOUN
ftr-490	845	15	generated	generate	VERB
ftr-490	845	16	no	no	DET
ftr-490	845	17	further	further	ADJ
ftr-490	845	18	tax	tax	NOUN
ftr-490	845	19	consequences	consequence	NOUN
ftr-490	845	20	.	.	PUNCT
ftr-490	846	1	112	112	NUM
ftr-490	846	2	.	.	PUNCT
ftr-490	847	1	see	see	VERB
ftr-490	847	2	supra	supra	PROPN
ftr-490	847	3	notes	note	VERB
ftr-490	847	4	86	86	NUM
ftr-490	847	5	-	-	SYM
ftr-490	847	6	87	87	NUM
ftr-490	847	7	and	and	CCONJ
ftr-490	847	8	accompanying	accompany	VERB
ftr-490	847	9	text	text	NOUN
ftr-490	847	10	(	(	PUNCT
ftr-490	847	11	discussing	discuss	VERB
ftr-490	847	12	hillsboro	hillsboro	PROPN
ftr-490	847	13	national	national	PROPN
ftr-490	847	14	bank	bank	PROPN
ftr-490	847	15	v.	v.	PROPN
ftr-490	847	16	commissioner	commissioner	PROPN
ftr-490	847	17	,	,	PUNCT
ftr-490	847	18	460	460	NUM
ftr-490	847	19	u.s	u.s	PROPN
ftr-490	847	20	.	.	PROPN
ftr-490	847	21	370	370	NUM
ftr-490	847	22	(	(	PUNCT
ftr-490	847	23	1983	1983	NUM
ftr-490	847	24	)	)	PUNCT
ftr-490	847	25	,	,	PUNCT
ftr-490	847	26	which	which	PRON
ftr-490	847	27	uses	use	VERB
ftr-490	847	28	such	such	ADJ
ftr-490	847	29	language	language	NOUN
ftr-490	847	30	in	in	ADP
ftr-490	847	31	describing	describe	VERB
ftr-490	847	32	when	when	SCONJ
ftr-490	847	33	the	the	DET
ftr-490	847	34	inclusionary	inclusionary	ADJ
ftr-490	847	35	aspect	aspect	NOUN
ftr-490	847	36	of	of	ADP
ftr-490	847	37	the	the	DET
ftr-490	847	38	tax	tax	NOUN
ftr-490	847	39	-	-	PUNCT
ftr-490	847	40	benefit	benefit	NOUN
ftr-490	847	41	rule	rule	NOUN
ftr-490	847	42	operates	operate	NOUN
ftr-490	847	43	)	)	PUNCT
ftr-490	847	44	.	.	PUNCT
ftr-490	848	1	113	113	NUM
ftr-490	848	2	.	.	PUNCT
ftr-490	849	1	see	see	VERB
ftr-490	849	2	supra	supra	PROPN
ftr-490	849	3	note	note	PROPN
ftr-490	849	4	85	85	NUM
ftr-490	849	5	(	(	PUNCT
ftr-490	849	6	describing	describe	VERB
ftr-490	849	7	the	the	DET
ftr-490	849	8	narrowly	narrowly	ADV
ftr-490	849	9	articulated	articulated	ADJ
ftr-490	849	10	version	version	NOUN
ftr-490	849	11	of	of	ADP
ftr-490	849	12	the	the	DET
ftr-490	849	13	tax	tax	NOUN
ftr-490	849	14	-	-	PUNCT
ftr-490	849	15	benefit	benefit	NOUN
ftr-490	849	16	rule	rule	NOUN
ftr-490	849	17	)	)	PUNCT
ftr-490	849	18	.	.	PUNCT
ftr-490	850	1	114	114	NUM
ftr-490	850	2	.	.	X
ftr-490	851	1	61	61	NUM
ftr-490	851	2	t.c.m	t.c.m	NOUN
ftr-490	851	3	.	.	PUNCT
ftr-490	852	1	(	(	PUNCT
ftr-490	852	2	cch	cch	NOUN
ftr-490	852	3	)	)	PUNCT
ftr-490	852	4	1697	1697	NUM
ftr-490	852	5	,	,	PUNCT
ftr-490	852	6	1698	1698	NUM
ftr-490	852	7	,	,	PUNCT
ftr-490	852	8	t.c.m	t.c.m	NOUN
ftr-490	852	9	.	.	PUNCT
ftr-490	853	1	(	(	PUNCT
ftr-490	853	2	p	p	NOUN
ftr-490	853	3	-	-	PUNCT
ftr-490	853	4	h	h	NOUN
ftr-490	853	5	)	)	PUNCT
ftr-490	853	6	91,019	91,019	NUM
ftr-490	853	7	at	at	ADP
ftr-490	853	8	79	79	NUM
ftr-490	853	9	(	(	PUNCT
ftr-490	853	10	citation	citation	NOUN
ftr-490	853	11	omitted	omit	VERB
ftr-490	853	12	)	)	PUNCT
ftr-490	853	13	.	.	PUNCT
ftr-490	854	1	[	[	X
ftr-490	854	2	vol	vol	NOUN
ftr-490	854	3	1:3	1:3	NUM
ftr-490	854	4	tufts	tuft	NOUN
ftr-490	854	5	and	and	CCONJ
ftr-490	854	6	the	the	DET
ftr-490	854	7	evolution	evolution	NOUN
ftr-490	854	8	of	of	ADP
ftr-490	854	9	debt	debt	NOUN
ftr-490	854	10	-	-	PUNCT
ftr-490	854	11	discharge	discharge	NOUN
ftr-490	854	12	theory	theory	NOUN
ftr-490	854	13	the	the	DET
ftr-490	854	14	court	court	NOUN
ftr-490	854	15	's	's	PART
ftr-490	854	16	troublesome	troublesome	ADJ
ftr-490	854	17	language	language	NOUN
ftr-490	854	18	implies	imply	VERB
ftr-490	854	19	that	that	PRON
ftr-490	854	20	absent	absent	ADJ
ftr-490	854	21	the	the	DET
ftr-490	854	22	availability	availability	NOUN
ftr-490	854	23	of	of	ADP
ftr-490	854	24	the	the	DET
ftr-490	854	25	alternative	alternative	ADJ
ftr-490	854	26	tax	tax	NOUN
ftr-490	854	27	-	-	PUNCT
ftr-490	854	28	benefit	benefit	NOUN
ftr-490	854	29	argument	argument	NOUN
ftr-490	854	30	in	in	ADP
ftr-490	854	31	the	the	DET
ftr-490	854	32	case	case	NOUN
ftr-490	854	33	because	because	SCONJ
ftr-490	854	34	of	of	ADP
ftr-490	854	35	the	the	DET
ftr-490	854	36	happenstance	happenstance	NOUN
ftr-490	854	37	that	that	PRON
ftr-490	854	38	the	the	DET
ftr-490	854	39	interest	interest	NOUN
ftr-490	854	40	was	be	AUX
ftr-490	854	41	deducted	deduct	VERB
ftr-490	854	42	and	and	CCONJ
ftr-490	854	43	then	then	ADV
ftr-490	854	44	was	be	AUX
ftr-490	854	45	allowed	allow	VERB
ftr-490	854	46	to	to	PART
ftr-490	854	47	be	be	AUX
ftr-490	854	48	credited	credit	VERB
ftr-490	854	49	against	against	ADP
ftr-490	854	50	principal	principal	NOUN
ftr-490	854	51	,	,	PUNCT
ftr-490	854	52	debt	debt	NOUN
ftr-490	854	53	-	-	PUNCT
ftr-490	854	54	discharge	discharge	NOUN
ftr-490	854	55	theory	theory	NOUN
ftr-490	854	56	alone	alone	ADV
ftr-490	854	57	might	might	AUX
ftr-490	854	58	not	not	PART
ftr-490	854	59	have	have	AUX
ftr-490	854	60	prevailed	prevail	VERB
ftr-490	854	61	to	to	PART
ftr-490	854	62	require	require	VERB
ftr-490	854	63	taxation	taxation	NOUN
ftr-490	854	64	.	.	PUNCT
ftr-490	855	1	the	the	DET
ftr-490	855	2	inclusion	inclusion	NOUN
ftr-490	855	3	in	in	ADP
ftr-490	855	4	gross	gross	ADJ
ftr-490	855	5	income	income	NOUN
ftr-490	855	6	under	under	ADP
ftr-490	855	7	debt	debt	NOUN
ftr-490	855	8	-	-	PUNCT
ftr-490	855	9	discharge	discharge	NOUN
ftr-490	855	10	theory	theory	NOUN
ftr-490	855	11	should	should	AUX
ftr-490	855	12	not	not	PART
ftr-490	855	13	be	be	AUX
ftr-490	855	14	constrained	constrain	VERB
ftr-490	855	15	by	by	ADP
ftr-490	855	16	any	any	DET
ftr-490	855	17	consideration	consideration	NOUN
ftr-490	855	18	of	of	ADP
ftr-490	855	19	the	the	DET
ftr-490	855	20	"	"	PUNCT
ftr-490	855	21	liquidity	liquidity	NOUN
ftr-490	855	22	"	"	PUNCT
ftr-490	855	23	of	of	ADP
ftr-490	855	24	the	the	DET
ftr-490	855	25	loan	loan	NOUN
ftr-490	855	26	or	or	CCONJ
ftr-490	855	27	the	the	DET
ftr-490	855	28	"	"	PUNCT
ftr-490	855	29	enforceability	enforceability	NOUN
ftr-490	855	30	of	of	ADP
ftr-490	855	31	the	the	DET
ftr-490	855	32	underlying	underlie	VERB
ftr-490	855	33	obligation	obligation	NOUN
ftr-490	855	34	"	"	PUNCT
ftr-490	855	35	for	for	ADP
ftr-490	855	36	nontax	nontax	ADJ
ftr-490	855	37	purposes	purpose	NOUN
ftr-490	855	38	-	-	PUNCT
ftr-490	855	39	the	the	DET
ftr-490	855	40	perceived	perceive	VERB
ftr-490	855	41	difficulties	difficulty	NOUN
ftr-490	855	42	quoted	quote	VERB
ftr-490	855	43	above	above	ADP
ftr-490	855	44	which	which	PRON
ftr-490	855	45	the	the	DET
ftr-490	855	46	tax	tax	NOUN
ftr-490	855	47	court	court	NOUN
ftr-490	855	48	felt	feel	VERB
ftr-490	855	49	attached	attach	VERB
ftr-490	855	50	to	to	ADP
ftr-490	855	51	any	any	DET
ftr-490	855	52	analysis	analysis	NOUN
ftr-490	855	53	of	of	ADP
ftr-490	855	54	cod	cod	NOUN
ftr-490	855	55	income	income	NOUN
ftr-490	855	56	--	--	PUNCT
ftr-490	855	57	once	once	SCONJ
ftr-490	855	58	the	the	DET
ftr-490	855	59	tax	tax	NOUN
ftr-490	855	60	-	-	PUNCT
ftr-490	855	61	benefit	benefit	NOUN
ftr-490	855	62	underpinnings	underpinning	NOUN
ftr-490	855	63	of	of	ADP
ftr-490	855	64	debtdischarge	debtdischarge	NOUN
ftr-490	855	65	theory	theory	NOUN
ftr-490	855	66	are	be	AUX
ftr-490	855	67	recognized	recognize	VERB
ftr-490	855	68	.	.	PUNCT
ftr-490	856	1	the	the	DET
ftr-490	856	2	debt	debt	NOUN
ftr-490	856	3	is	be	AUX
ftr-490	856	4	not	not	PART
ftr-490	856	5	"	"	PUNCT
ftr-490	856	6	discharged	discharge	VERB
ftr-490	856	7	,	,	PUNCT
ftr-490	856	8	"	"	PUNCT
ftr-490	856	9	the	the	DET
ftr-490	856	10	argument	argument	NOUN
ftr-490	856	11	goes	go	VERB
ftr-490	856	12	,	,	PUNCT
ftr-490	856	13	if	if	SCONJ
ftr-490	856	14	it	it	PRON
ftr-490	856	15	could	could	AUX
ftr-490	856	16	not	not	PART
ftr-490	856	17	be	be	AUX
ftr-490	856	18	enforced	enforce	VERB
ftr-490	856	19	.	.	PUNCT
ftr-490	857	1	but	but	CCONJ
ftr-490	857	2	the	the	DET
ftr-490	857	3	lack	lack	NOUN
ftr-490	857	4	of	of	ADP
ftr-490	857	5	enforceability	enforceability	NOUN
ftr-490	857	6	simply	simply	ADV
ftr-490	857	7	is	be	AUX
ftr-490	857	8	the	the	DET
ftr-490	857	9	impetus	impetus	NOUN
ftr-490	857	10	for	for	ADP
ftr-490	857	11	the	the	DET
ftr-490	857	12	failure	failure	NOUN
ftr-490	857	13	of	of	ADP
ftr-490	857	14	the	the	DET
ftr-490	857	15	debtor	debtor	NOUN
ftr-490	857	16	to	to	PART
ftr-490	857	17	repay	repay	VERB
ftr-490	857	18	fully	fully	ADV
ftr-490	857	19	the	the	DET
ftr-490	857	20	originally	originally	ADV
ftr-490	857	21	excluded	exclude	VERB
ftr-490	857	22	loan	loan	NOUN
ftr-490	857	23	proceeds	proceed	NOUN
ftr-490	857	24	which	which	PRON
ftr-490	857	25	creates	create	VERB
ftr-490	857	26	the	the	DET
ftr-490	857	27	accession	accession	NOUN
ftr-490	857	28	to	to	ADP
ftr-490	857	29	wealth	wealth	NOUN
ftr-490	857	30	in	in	ADP
ftr-490	857	31	the	the	DET
ftr-490	857	32	first	first	ADJ
ftr-490	857	33	place	place	NOUN
ftr-490	857	34	.	.	PUNCT
ftr-490	858	1	not	not	PART
ftr-490	858	2	only	only	ADV
ftr-490	858	3	should	should	AUX
ftr-490	858	4	the	the	DET
ftr-490	858	5	tax	tax	NOUN
ftr-490	858	6	law	law	NOUN
ftr-490	858	7	avoid	avoid	VERB
ftr-490	858	8	placing	place	VERB
ftr-490	858	9	a	a	DET
ftr-490	858	10	favorable	favorable	ADJ
ftr-490	858	11	premium	premium	NOUN
ftr-490	858	12	on	on	ADP
ftr-490	858	13	entering	enter	VERB
ftr-490	858	14	into	into	ADP
ftr-490	858	15	loan	loan	NOUN
ftr-490	858	16	agreements	agreement	NOUN
ftr-490	858	17	that	that	PRON
ftr-490	858	18	are	be	AUX
ftr-490	858	19	unenforceable	unenforceable	ADJ
ftr-490	858	20	(	(	PUNCT
ftr-490	858	21	as	as	SCONJ
ftr-490	858	22	compared	compare	VERB
ftr-490	858	23	to	to	ADP
ftr-490	858	24	enforceable	enforceable	ADJ
ftr-490	858	25	loan	loan	NOUN
ftr-490	858	26	agreements	agreement	NOUN
ftr-490	858	27	that	that	PRON
ftr-490	858	28	are	be	AUX
ftr-490	858	29	not	not	PART
ftr-490	858	30	enforced	enforce	VERB
ftr-490	858	31	in	in	ADP
ftr-490	858	32	fact	fact	NOUN
ftr-490	858	33	)	)	PUNCT
ftr-490	858	34	,	,	PUNCT
ftr-490	858	35	it	it	PRON
ftr-490	858	36	is	be	AUX
ftr-490	858	37	a	a	DET
ftr-490	858	38	catch-22	catch-22	PROPN
ftr-490	858	39	to	to	PART
ftr-490	858	40	argue	argue	VERB
ftr-490	858	41	that	that	SCONJ
ftr-490	858	42	the	the	DET
ftr-490	858	43	very	very	ADV
ftr-490	858	44	unenforceability	unenforceability	NOUN
ftr-490	858	45	which	which	PRON
ftr-490	858	46	created	create	VERB
ftr-490	858	47	the	the	DET
ftr-490	858	48	debt	debt	NOUN
ftr-490	858	49	cancellation	cancellation	NOUN
ftr-490	858	50	(	(	PUNCT
ftr-490	858	51	because	because	SCONJ
ftr-490	858	52	it	it	PRON
ftr-490	858	53	prevented	prevent	VERB
ftr-490	858	54	the	the	DET
ftr-490	858	55	creditor	creditor	NOUN
ftr-490	858	56	from	from	ADP
ftr-490	858	57	collecting	collect	VERB
ftr-490	858	58	the	the	DET
ftr-490	858	59	debt	debt	NOUN
ftr-490	858	60	in	in	ADP
ftr-490	858	61	full	full	ADJ
ftr-490	858	62	)	)	PUNCT
ftr-490	858	63	saves	save	VERB
ftr-490	858	64	it	it	PRON
ftr-490	858	65	from	from	ADP
ftr-490	858	66	taxation	taxation	NOUN
ftr-490	858	67	.	.	PUNCT
ftr-490	859	1	the	the	DET
ftr-490	859	2	debt	debt	NOUN
ftr-490	859	3	in	in	ADP
ftr-490	859	4	tufts	tuft	NOUN
ftr-490	859	5	was	be	AUX
ftr-490	859	6	,	,	PUNCT
ftr-490	859	7	in	in	ADP
ftr-490	859	8	fact	fact	NOUN
ftr-490	859	9	,	,	PUNCT
ftr-490	859	10	unenforceable	unenforceable	ADJ
ftr-490	859	11	to	to	ADP
ftr-490	859	12	the	the	DET
ftr-490	859	13	extent	extent	NOUN
ftr-490	859	14	that	that	SCONJ
ftr-490	859	15	it	it	PRON
ftr-490	859	16	exceeded	exceed	VERB
ftr-490	859	17	the	the	DET
ftr-490	859	18	fair	fair	ADJ
ftr-490	859	19	market	market	NOUN
ftr-490	859	20	value	value	NOUN
ftr-490	859	21	of	of	ADP
ftr-490	859	22	the	the	DET
ftr-490	859	23	collateral	collateral	NOUN
ftr-490	859	24	,	,	PUNCT
ftr-490	859	25	and	and	CCONJ
ftr-490	859	26	yet	yet	ADV
ftr-490	859	27	the	the	DET
ftr-490	859	28	court	court	NOUN
ftr-490	859	29	confirmed	confirm	VERB
ftr-490	859	30	that	that	SCONJ
ftr-490	859	31	an	an	DET
ftr-490	859	32	accession	accession	NOUN
ftr-490	859	33	to	to	ADP
ftr-490	859	34	wealth	wealth	NOUN
ftr-490	859	35	occurred	occur	VERB
ftr-490	859	36	on	on	ADP
ftr-490	859	37	the	the	DET
ftr-490	859	38	failure	failure	NOUN
ftr-490	859	39	to	to	PART
ftr-490	859	40	repay	repay	VERB
ftr-490	859	41	that	that	DET
ftr-490	859	42	debt	debt	NOUN
ftr-490	859	43	,	,	PUNCT
ftr-490	859	44	even	even	ADV
ftr-490	859	45	though	though	SCONJ
ftr-490	859	46	it	it	PRON
ftr-490	859	47	analyzed	analyze	VERB
ftr-490	859	48	that	that	SCONJ
ftr-490	859	49	accession	accession	NOUN
ftr-490	859	50	to	to	ADP
ftr-490	859	51	wealth	wealth	NOUN
ftr-490	859	52	as	as	ADP
ftr-490	859	53	gain	gain	NOUN
ftr-490	859	54	under	under	ADP
ftr-490	859	55	section	section	NOUN
ftr-490	859	56	1001	1001	NUM
ftr-490	859	57	.	.	PUNCT
ftr-490	860	1	that	that	DET
ftr-490	860	2	accession	accession	NOUN
ftr-490	860	3	to	to	ADP
ftr-490	860	4	wealth	wealth	NOUN
ftr-490	860	5	should	should	AUX
ftr-490	860	6	not	not	PART
ftr-490	860	7	escape	escape	VERB
ftr-490	860	8	taxation	taxation	NOUN
ftr-490	860	9	outside	outside	ADP
ftr-490	860	10	the	the	DET
ftr-490	860	11	transfer	transfer	NOUN
ftr-490	860	12	context	context	NOUN
ftr-490	860	13	,	,	PUNCT
ftr-490	860	14	as	as	SCONJ
ftr-490	860	15	it	it	PRON
ftr-490	860	16	would	would	AUX
ftr-490	860	17	if	if	SCONJ
ftr-490	860	18	the	the	DET
ftr-490	860	19	unenforceability	unenforceability	NOUN
ftr-490	860	20	of	of	ADP
ftr-490	860	21	debt	debt	NOUN
ftr-490	860	22	prevented	prevent	VERB
ftr-490	860	23	taxation	taxation	NOUN
ftr-490	860	24	of	of	ADP
ftr-490	860	25	cod	cod	NOUN
ftr-490	860	26	income	income	NOUN
ftr-490	860	27	when	when	SCONJ
ftr-490	860	28	the	the	DET
ftr-490	860	29	debt	debt	NOUN
ftr-490	860	30	is	be	AUX
ftr-490	860	31	not	not	PART
ftr-490	860	32	repaid	repay	VERB
ftr-490	860	33	in	in	ADP
ftr-490	860	34	full	full	ADJ
ftr-490	860	35	;	;	PUNCT
ftr-490	860	36	the	the	DET
ftr-490	860	37	same	same	ADJ
ftr-490	860	38	accession	accession	NOUN
ftr-490	860	39	to	to	ADP
ftr-490	860	40	wealth	wealth	NOUN
ftr-490	860	41	occurs	occur	VERB
ftr-490	860	42	in	in	ADP
ftr-490	860	43	both	both	CCONJ
ftr-490	860	44	the	the	DET
ftr-490	860	45	transfer	transfer	NOUN
ftr-490	860	46	context	context	NOUN
ftr-490	860	47	and	and	CCONJ
ftr-490	860	48	the	the	DET
ftr-490	860	49	nontransfer	nontransfer	NOUN
ftr-490	860	50	context	context	NOUN
ftr-490	860	51	.	.	PUNCT
ftr-490	861	1	such	such	ADJ
ftr-490	861	2	nonissues	nonissue	NOUN
ftr-490	861	3	as	as	ADP
ftr-490	861	4	unenforceability	unenforceability	ADJ
ftr-490	861	5	cloud	cloud	NOUN
ftr-490	861	6	the	the	DET
ftr-490	861	7	fundamental	fundamental	ADJ
ftr-490	861	8	tax	tax	NOUN
ftr-490	861	9	point	point	NOUN
ftr-490	861	10	confirmed	confirm	VERB
ftr-490	861	11	in	in	ADP
ftr-490	861	12	tufts	tuft	NOUN
ftr-490	861	13	that	that	SCONJ
ftr-490	861	14	the	the	DET
ftr-490	861	15	prior	prior	ADJ
ftr-490	861	16	loan	loan	NOUN
ftr-490	861	17	proceeds	proceed	NOUN
ftr-490	861	18	were	be	AUX
ftr-490	861	19	received	receive	VERB
ftr-490	861	20	free	free	ADJ
ftr-490	861	21	of	of	ADP
ftr-490	861	22	tax	tax	NOUN
ftr-490	861	23	on	on	ADP
ftr-490	861	24	assumptions	assumption	NOUN
ftr-490	861	25	that	that	PRON
ftr-490	861	26	prove	prove	VERB
ftr-490	861	27	to	to	PART
ftr-490	861	28	be	be	AUX
ftr-490	861	29	unwarranted	unwarranted	ADJ
ftr-490	861	30	when	when	SCONJ
ftr-490	861	31	the	the	DET
ftr-490	861	32	loan	loan	NOUN
ftr-490	861	33	proceeds	proceed	NOUN
ftr-490	861	34	are	be	AUX
ftr-490	861	35	not	not	PART
ftr-490	861	36	in	in	ADP
ftr-490	861	37	fact	fact	NOUN
ftr-490	861	38	fully	fully	ADV
ftr-490	861	39	repaid	repay	VERB
ftr-490	861	40	with	with	ADP
ftr-490	861	41	after	after	ADP
ftr-490	861	42	-	-	PUNCT
ftr-490	861	43	tax	tax	NOUN
ftr-490	861	44	dollars	dollar	NOUN
ftr-490	861	45	-	-	PUNCT
ftr-490	861	46	for	for	ADP
ftr-490	861	47	whatever	whatever	DET
ftr-490	861	48	reason	reason	NOUN
ftr-490	861	49	.	.	PUNCT
ftr-490	862	1	the	the	DET
ftr-490	862	2	prior	prior	ADJ
ftr-490	862	3	receipt	receipt	NOUN
ftr-490	862	4	coupled	couple	VERB
ftr-490	862	5	with	with	ADP
ftr-490	862	6	the	the	DET
ftr-490	862	7	failure	failure	NOUN
ftr-490	862	8	to	to	PART
ftr-490	862	9	repay	repay	VERB
ftr-490	862	10	in	in	ADP
ftr-490	862	11	full	full	ADJ
ftr-490	862	12	should	should	AUX
ftr-490	862	13	be	be	AUX
ftr-490	862	14	the	the	DET
ftr-490	862	15	beginning	beginning	NOUN
ftr-490	862	16	and	and	CCONJ
ftr-490	862	17	end	end	NOUN
ftr-490	862	18	of	of	ADP
ftr-490	862	19	the	the	DET
ftr-490	862	20	inquiry	inquiry	NOUN
ftr-490	862	21	under	under	ADP
ftr-490	862	22	debt	debt	NOUN
ftr-490	862	23	-	-	PUNCT
ftr-490	862	24	discharge	discharge	NOUN
ftr-490	862	25	theory)".5	theory)".5	PROPN
ftr-490	862	26	see	see	NOUN
ftr-490	862	27	infra	infra	NOUN
ftr-490	862	28	notes	note	VERB
ftr-490	862	29	206	206	NUM
ftr-490	862	30	-	-	SYM
ftr-490	862	31	17	17	NUM
ftr-490	862	32	and	and	CCONJ
ftr-490	862	33	accompanying	accompany	VERB
ftr-490	862	34	text	text	NOUN
ftr-490	862	35	(	(	PUNCT
ftr-490	862	36	discussing	discuss	VERB
ftr-490	862	37	the	the	DET
ftr-490	862	38	cited	cite	VERB
ftr-490	862	39	zarin	zarin	PROPN
ftr-490	862	40	case	case	NOUN
ftr-490	862	41	)	)	PUNCT
ftr-490	862	42	.	.	PUNCT
ftr-490	863	1	115	115	NUM
ftr-490	863	2	.	.	PUNCT
ftr-490	864	1	reliance	reliance	NOUN
ftr-490	864	2	on	on	ADP
ftr-490	864	3	the	the	DET
ftr-490	864	4	dictionary	dictionary	ADJ
ftr-490	864	5	definition	definition	NOUN
ftr-490	864	6	of	of	ADP
ftr-490	864	7	"	"	PUNCT
ftr-490	864	8	'	'	PUNCT
ftr-490	864	9	discharge	discharge	NOUN
ftr-490	864	10	"	"	PUNCT
ftr-490	864	11	presents	present	VERB
ftr-490	864	12	a	a	DET
ftr-490	864	13	nonissue	nonissue	NOUN
ftr-490	864	14	that	that	PRON
ftr-490	864	15	beclouds	becloud	VERB
ftr-490	864	16	thinking	think	VERB
ftr-490	864	17	in	in	ADP
ftr-490	864	18	this	this	DET
ftr-490	864	19	area	area	NOUN
ftr-490	864	20	because	because	SCONJ
ftr-490	864	21	it	it	PRON
ftr-490	864	22	loses	lose	VERB
ftr-490	864	23	sight	sight	NOUN
ftr-490	864	24	of	of	ADP
ftr-490	864	25	the	the	DET
ftr-490	864	26	underlying	underlying	ADJ
ftr-490	864	27	structural	structural	ADJ
ftr-490	864	28	rationale	rationale	NOUN
ftr-490	864	29	for	for	ADP
ftr-490	864	30	taxing	tax	VERB
ftr-490	864	31	cod	cod	NOUN
ftr-490	864	32	income	income	NOUN
ftr-490	864	33	in	in	ADP
ftr-490	864	34	the	the	DET
ftr-490	864	35	first	first	ADJ
ftr-490	864	36	place	place	NOUN
ftr-490	864	37	.	.	PUNCT
ftr-490	865	1	the	the	DET
ftr-490	865	2	disagreement	disagreement	NOUN
ftr-490	865	3	is	be	AUX
ftr-490	865	4	really	really	ADV
ftr-490	865	5	one	one	NUM
ftr-490	865	6	about	about	ADP
ftr-490	865	7	statutory	statutory	ADJ
ftr-490	865	8	interpretation	interpretation	NOUN
ftr-490	865	9	:	:	PUNCT
ftr-490	865	10	to	to	ADP
ftr-490	865	11	what	what	DET
ftr-490	865	12	extent	extent	NOUN
ftr-490	865	13	should	should	AUX
ftr-490	865	14	the	the	DET
ftr-490	865	15	dictionary	dictionary	ADJ
ftr-490	865	16	definition	definition	NOUN
ftr-490	865	17	of	of	ADP
ftr-490	865	18	words	word	NOUN
ftr-490	865	19	control	control	PROPN
ftr-490	865	20	,	,	PUNCT
ftr-490	865	21	severed	sever	VERB
ftr-490	865	22	from	from	ADP
ftr-490	865	23	context	context	NOUN
ftr-490	865	24	?	?	PUNCT
ftr-490	866	1	see	see	VERB
ftr-490	866	2	lawrence	lawrence	PROPN
ftr-490	866	3	zelenak	zelenak	PROPN
ftr-490	866	4	,	,	PUNCT
ftr-490	866	5	thinking	think	VERB
ftr-490	866	6	about	about	ADP
ftr-490	866	7	nonliteral	nonliteral	ADJ
ftr-490	866	8	interpretations	interpretation	NOUN
ftr-490	866	9	of	of	ADP
ftr-490	866	10	the	the	DET
ftr-490	866	11	internal	internal	ADJ
ftr-490	866	12	revenue	revenue	NOUN
ftr-490	866	13	code	code	NOUN
ftr-490	866	14	,	,	PUNCT
ftr-490	866	15	64	64	NUM
ftr-490	866	16	n.c	n.c	PROPN
ftr-490	866	17	.	.	PROPN
ftr-490	866	18	l.	l.	PROPN
ftr-490	866	19	rev	rev	PROPN
ftr-490	866	20	.	.	PROPN
ftr-490	866	21	623	623	NUM
ftr-490	866	22	(	(	PUNCT
ftr-490	866	23	1986	1986	NUM
ftr-490	866	24	)	)	PUNCT
ftr-490	866	25	.	.	PUNCT
ftr-490	867	1	this	this	DET
ftr-490	867	2	debate	debate	NOUN
ftr-490	867	3	has	have	AUX
ftr-490	867	4	gained	gain	VERB
ftr-490	867	5	a	a	DET
ftr-490	867	6	remarkable	remarkable	ADJ
ftr-490	867	7	renascence	renascence	NOUN
ftr-490	867	8	since	since	SCONJ
ftr-490	867	9	the	the	DET
ftr-490	867	10	elevation	elevation	NOUN
ftr-490	867	11	of	of	ADP
ftr-490	867	12	antonin	antonin	PROPN
ftr-490	867	13	scalia	scalia	PROPN
ftr-490	867	14	to	to	ADP
ftr-490	867	15	the	the	DET
ftr-490	867	16	supreme	supreme	PROPN
ftr-490	867	17	court	court	PROPN
ftr-490	867	18	in	in	ADP
ftr-490	867	19	view	view	NOUN
ftr-490	867	20	of	of	ADP
ftr-490	867	21	his	his	PRON
ftr-490	867	22	strict	strict	ADJ
ftr-490	867	23	adherence	adherence	NOUN
ftr-490	867	24	to	to	ADP
ftr-490	867	25	textualism	textualism	NOUN
ftr-490	867	26	.	.	PUNCT
ftr-490	868	1	see	see	VERB
ftr-490	868	2	william	william	PROPN
ftr-490	868	3	n.	n.	PROPN
ftr-490	868	4	eskridge	eskridge	PROPN
ftr-490	868	5	,	,	PUNCT
ftr-490	868	6	jr	jr	PROPN
ftr-490	868	7	.	.	PROPN
ftr-490	868	8	,	,	PUNCT
ftr-490	868	9	the	the	DET
ftr-490	868	10	new	new	ADJ
ftr-490	868	11	textualism	textualism	NOUN
ftr-490	868	12	,	,	PUNCT
ftr-490	868	13	37	37	NUM
ftr-490	868	14	ucla	ucla	NOUN
ftr-490	868	15	l	l	PROPN
ftr-490	868	16	rev	rev	VERB
ftr-490	868	17	.	.	PROPN
ftr-490	868	18	621	621	NUM
ftr-490	868	19	(	(	PUNCT
ftr-490	868	20	1990	1990	NUM
ftr-490	868	21	)	)	PUNCT
ftr-490	868	22	.	.	PUNCT
ftr-490	869	1	of	of	ADP
ftr-490	869	2	course	course	ADV
ftr-490	869	3	,	,	PUNCT
ftr-490	869	4	textualism	textualism	NOUN
ftr-490	869	5	purports	purport	VERB
ftr-490	869	6	to	to	PART
ftr-490	869	7	take	take	VERB
ftr-490	869	8	account	account	NOUN
ftr-490	869	9	of	of	ADP
ftr-490	869	10	the	the	DET
ftr-490	869	11	larger	large	ADJ
ftr-490	869	12	statutory	statutory	ADJ
ftr-490	869	13	structure	structure	NOUN
ftr-490	869	14	in	in	ADP
ftr-490	869	15	interpreting	interpret	VERB
ftr-490	869	16	words	word	NOUN
ftr-490	869	17	,	,	PUNCT
ftr-490	869	18	but	but	CCONJ
ftr-490	869	19	in	in	ADP
ftr-490	869	20	practice	practice	NOUN
ftr-490	869	21	it	it	PRON
ftr-490	869	22	all	all	PRON
ftr-490	869	23	too	too	ADV
ftr-490	869	24	often	often	ADV
ftr-490	869	25	ignores	ignore	VERB
ftr-490	869	26	the	the	DET
ftr-490	869	27	larger	large	ADJ
ftr-490	869	28	structure	structure	NOUN
ftr-490	869	29	and	and	CCONJ
ftr-490	869	30	falls	fall	VERB
ftr-490	869	31	back	back	ADV
ftr-490	869	32	on	on	ADP
ftr-490	869	33	the	the	DET
ftr-490	869	34	19921	19921	NUM
ftr-490	869	35	florida	florida	PROPN
ftr-490	869	36	tax	tax	NOUN
ftr-490	869	37	review	review	NOUN
ftr-490	869	38	as	as	ADP
ftr-490	869	39	in	in	ADP
ftr-490	869	40	allan	allan	PROPN
ftr-490	869	41	,	,	PUNCT
ftr-490	869	42	the	the	DET
ftr-490	869	43	deductibility	deductibility	NOUN
ftr-490	869	44	of	of	ADP
ftr-490	869	45	the	the	DET
ftr-490	869	46	interest	interest	NOUN
ftr-490	869	47	payments	payment	NOUN
ftr-490	869	48	made	make	VERB
ftr-490	869	49	on	on	ADP
ftr-490	869	50	the	the	DET
ftr-490	869	51	loan	loan	NOUN
ftr-490	869	52	should	should	AUX
ftr-490	869	53	not	not	PART
ftr-490	869	54	have	have	AUX
ftr-490	869	55	controlled	control	VERB
ftr-490	869	56	the	the	DET
ftr-490	869	57	inquiry	inquiry	NOUN
ftr-490	869	58	,	,	PUNCT
ftr-490	869	59	though	though	SCONJ
ftr-490	869	60	once	once	ADV
ftr-490	869	61	again	again	ADV
ftr-490	869	62	the	the	DET
ftr-490	869	63	broad	broad	ADJ
ftr-490	869	64	taxbenefit	taxbenefit	ADJ
ftr-490	869	65	idea	idea	NOUN
ftr-490	869	66	encapsulated	encapsulate	VERB
ftr-490	869	67	in	in	ADP
ftr-490	869	68	cod	cod	NOUN
ftr-490	869	69	income	income	NOUN
ftr-490	869	70	justifies	justify	VERB
ftr-490	869	71	taxation	taxation	NOUN
ftr-490	869	72	here	here	ADV
ftr-490	869	73	.	.	PUNCT
ftr-490	870	1	if	if	SCONJ
ftr-490	870	2	the	the	DET
ftr-490	870	3	interest	interest	NOUN
ftr-490	870	4	paid	pay	VERB
ftr-490	870	5	on	on	ADP
ftr-490	870	6	the	the	DET
ftr-490	870	7	loan	loan	NOUN
ftr-490	870	8	had	have	AUX
ftr-490	870	9	been	be	AUX
ftr-490	870	10	nondeductible	nondeductible	ADJ
ftr-490	870	11	personal	personal	ADJ
ftr-490	870	12	interest	interest	NOUN
ftr-490	870	13	rather	rather	ADV
ftr-490	870	14	than	than	ADP
ftr-490	870	15	deductible	deductible	ADJ
ftr-490	870	16	"	"	PUNCT
ftr-490	870	17	qualified	qualified	ADJ
ftr-490	870	18	residence	residence	NOUN
ftr-490	870	19	interest	interest	NOUN
ftr-490	870	20	"	"	PUNCT
ftr-490	870	21	'	'	NUM
ftr-490	870	22	6	6	NUM
ftr-490	870	23	so	so	SCONJ
ftr-490	870	24	that	that	SCONJ
ftr-490	870	25	the	the	DET
ftr-490	870	26	narrowly	narrowly	ADV
ftr-490	870	27	articulated	articulated	ADJ
ftr-490	870	28	version	version	NOUN
ftr-490	870	29	of	of	ADP
ftr-490	870	30	the	the	DET
ftr-490	870	31	tax	tax	NOUN
ftr-490	870	32	-	-	PUNCT
ftr-490	870	33	benefit	benefit	NOUN
ftr-490	870	34	rule	rule	NOUN
ftr-490	870	35	could	could	AUX
ftr-490	870	36	not	not	PART
ftr-490	870	37	have	have	AUX
ftr-490	870	38	applied	apply	VERB
ftr-490	870	39	,	,	PUNCT
ftr-490	870	40	the	the	DET
ftr-490	870	41	commissioner	commissioner	NOUN
ftr-490	870	42	should	should	AUX
ftr-490	870	43	nevertheless	nevertheless	ADV
ftr-490	870	44	have	have	AUX
ftr-490	870	45	won	win	VERB
ftr-490	870	46	on	on	ADP
ftr-490	870	47	its	its	PRON
ftr-490	870	48	first	first	ADJ
ftr-490	870	49	argument	argument	NOUN
ftr-490	870	50	.	.	PUNCT
ftr-490	871	1	if	if	SCONJ
ftr-490	871	2	the	the	DET
ftr-490	871	3	prior	prior	ADJ
ftr-490	871	4	payments	payment	NOUN
ftr-490	871	5	are	be	AUX
ftr-490	871	6	respected	respect	VERB
ftr-490	871	7	as	as	ADP
ftr-490	871	8	interest	interest	NOUN
ftr-490	871	9	because	because	SCONJ
ftr-490	871	10	paid	pay	VERB
ftr-490	871	11	"	"	PUNCT
ftr-490	871	12	as	as	ADP
ftr-490	871	13	the	the	DET
ftr-490	871	14	amount	amount	NOUN
ftr-490	871	15	one	one	PRON
ftr-490	871	16	has	have	AUX
ftr-490	871	17	contracted	contract	VERB
ftr-490	871	18	to	to	PART
ftr-490	871	19	pay	pay	VERB
ftr-490	871	20	for	for	ADP
ftr-490	871	21	the	the	DET
ftr-490	871	22	use	use	NOUN
ftr-490	871	23	of	of	ADP
ftr-490	871	24	borrowed	borrow	VERB
ftr-490	871	25	money	money	NOUN
ftr-490	871	26	,	,	PUNCT
ftr-490	871	27	and	and	CCONJ
ftr-490	871	28	as	as	ADP
ftr-490	871	29	compensation	compensation	NOUN
ftr-490	871	30	paid	pay	VERB
ftr-490	871	31	for	for	ADP
ftr-490	871	32	the	the	DET
ftr-490	871	33	use	use	NOUN
ftr-490	871	34	or	or	CCONJ
ftr-490	871	35	forbearance	forbearance	NOUN
ftr-490	871	36	of	of	ADP
ftr-490	871	37	money	money	NOUN
ftr-490	871	38	'	'	PUNCT
ftr-490	871	39	'	'	NUM
ftr-490	871	40	1	1	NUM
ftr-490	871	41	7	7	NUM
ftr-490	871	42	(	(	PUNCT
ftr-490	871	43	even	even	ADV
ftr-490	871	44	though	though	SCONJ
ftr-490	871	45	nondeductible	nondeductible	ADJ
ftr-490	871	46	)	)	PUNCT
ftr-490	871	47	,	,	PUNCT
ftr-490	871	48	the	the	DET
ftr-490	871	49	$	$	SYM
ftr-490	871	50	225,000	225,000	NUM
ftr-490	871	51	loan	loan	NOUN
ftr-490	871	52	was	be	AUX
ftr-490	871	53	in	in	ADP
ftr-490	871	54	fact	fact	NOUN
ftr-490	871	55	discharged	discharge	VERB
ftr-490	871	56	for	for	ADP
ftr-490	871	57	a	a	DET
ftr-490	871	58	principal	principal	ADJ
ftr-490	871	59	payment	payment	NOUN
ftr-490	871	60	of	of	ADP
ftr-490	871	61	$	$	SYM
ftr-490	871	62	85,000	85,000	NUM
ftr-490	871	63	,	,	PUNCT
ftr-490	871	64	producing	produce	VERB
ftr-490	871	65	$	$	SYM
ftr-490	871	66	140,000	140,000	NUM
ftr-490	871	67	of	of	ADP
ftr-490	871	68	cod	cod	NOUN
ftr-490	871	69	income	income	NOUN
ftr-490	871	70	.	.	PUNCT
ftr-490	872	1	the	the	DET
ftr-490	872	2	deductibility	deductibility	NOUN
ftr-490	872	3	or	or	CCONJ
ftr-490	872	4	nondeductibility	nondeductibility	NOUN
ftr-490	872	5	of	of	ADP
ftr-490	872	6	the	the	DET
ftr-490	872	7	interest	interest	NOUN
ftr-490	872	8	has	have	VERB
ftr-490	872	9	no	no	DET
ftr-490	872	10	relevancy	relevancy	NOUN
ftr-490	872	11	to	to	ADP
ftr-490	872	12	the	the	DET
ftr-490	872	13	accession	accession	NOUN
ftr-490	872	14	to	to	ADP
ftr-490	872	15	wealth	wealth	NOUN
ftr-490	872	16	obtained	obtain	VERB
ftr-490	872	17	because	because	SCONJ
ftr-490	872	18	of	of	ADP
ftr-490	872	19	the	the	DET
ftr-490	872	20	prior	prior	ADJ
ftr-490	872	21	exclusion	exclusion	NOUN
ftr-490	872	22	from	from	ADP
ftr-490	872	23	gross	gross	ADJ
ftr-490	872	24	income	income	NOUN
ftr-490	872	25	on	on	ADP
ftr-490	872	26	the	the	DET
ftr-490	872	27	receipt	receipt	NOUN
ftr-490	872	28	of	of	ADP
ftr-490	872	29	$	$	SYM
ftr-490	872	30	225,000	225,000	NUM
ftr-490	872	31	viewed	view	VERB
ftr-490	872	32	together	together	ADV
ftr-490	872	33	with	with	ADP
ftr-490	872	34	the	the	DET
ftr-490	872	35	failure	failure	NOUN
ftr-490	872	36	to	to	PART
ftr-490	872	37	repay	repay	VERB
ftr-490	872	38	$	$	SYM
ftr-490	872	39	140,000	140,000	NUM
ftr-490	872	40	of	of	ADP
ftr-490	872	41	that	that	DET
ftr-490	872	42	principal	principal	ADJ
ftr-490	872	43	amount	amount	NOUN
ftr-490	872	44	with	with	ADP
ftr-490	872	45	after	after	ADP
ftr-490	872	46	-	-	PUNCT
ftr-490	872	47	tax	tax	NOUN
ftr-490	872	48	dollars	dollar	NOUN
ftr-490	872	49	.	.	PUNCT
ftr-490	873	1	2	2	X
ftr-490	873	2	.	.	X
ftr-490	873	3	the	the	DET
ftr-490	873	4	outmoded	outmoded	ADJ
ftr-490	873	5	case.-like	case.-like	ADP
ftr-490	873	6	the	the	DET
ftr-490	873	7	outmoded	outmoded	ADJ
ftr-490	873	8	cod	cod	NOUN
ftr-490	873	9	-	-	PUNCT
ftr-490	873	10	income	income	NOUN
ftr-490	873	11	theory	theory	NOUN
ftr-490	873	12	described	describe	VERB
ftr-490	873	13	by	by	ADP
ftr-490	873	14	the	the	DET
ftr-490	873	15	tufts	tuft	NOUN
ftr-490	873	16	court	court	NOUN
ftr-490	873	17	in	in	ADP
ftr-490	873	18	footnote	footnote	NOUN
ftr-490	873	19	11	11	NUM
ftr-490	873	20	,	,	PUNCT
ftr-490	873	21	the	the	DET
ftr-490	873	22	fulton	fulton	PROPN
ftr-490	873	23	gold	gold	NOUN
ftr-490	873	24	case	case	NOUN
ftr-490	873	25	,	,	PUNCT
ftr-490	873	26	"	"	PUNCT
ftr-490	873	27	'	'	PUNCT
ftr-490	873	28	also	also	ADV
ftr-490	873	29	cited	cite	VERB
ftr-490	873	30	in	in	ADP
ftr-490	873	31	tufts,"9	tufts,"9	NOUN
ftr-490	873	32	has	have	AUX
ftr-490	873	33	been	be	AUX
ftr-490	873	34	relegated	relegate	VERB
ftr-490	873	35	to	to	ADP
ftr-490	873	36	a	a	DET
ftr-490	873	37	footnote	footnote	NOUN
ftr-490	873	38	in	in	ADP
ftr-490	873	39	history	history	NOUN
ftr-490	873	40	.	.	PUNCT
ftr-490	874	1	in	in	ADP
ftr-490	874	2	that	that	DET
ftr-490	874	3	case	case	NOUN
ftr-490	874	4	,	,	PUNCT
ftr-490	874	5	the	the	DET
ftr-490	874	6	taxpayer	taxpayer	NOUN
ftr-490	874	7	purchased	purchase	VERB
ftr-490	874	8	property	property	NOUN
ftr-490	874	9	in	in	ADP
ftr-490	874	10	1920	1920	NUM
ftr-490	874	11	subject	subject	NOUN
ftr-490	874	12	to	to	ADP
ftr-490	874	13	a	a	DET
ftr-490	874	14	nonrecourse	nonrecourse	NOUN
ftr-490	874	15	mortgage	mortgage	NOUN
ftr-490	874	16	which	which	PRON
ftr-490	874	17	the	the	DET
ftr-490	874	18	taxpayer	taxpayer	NOUN
ftr-490	874	19	did	do	AUX
ftr-490	874	20	not	not	PART
ftr-490	874	21	assume	assume	VERB
ftr-490	874	22	.	.	PUNCT
ftr-490	875	1	2	2	NUM
ftr-490	875	2	°	°	NOUN
ftr-490	875	3	the	the	DET
ftr-490	875	4	taxpayer	taxpayer	NOUN
ftr-490	875	5	subsequently	subsequently	ADV
ftr-490	875	6	satisfied	satisfy	VERB
ftr-490	875	7	the	the	DET
ftr-490	875	8	nonrecourse	nonrecourse	NOUN
ftr-490	875	9	debt	debt	NOUN
ftr-490	875	10	in	in	ADP
ftr-490	875	11	1922	1922	NUM
ftr-490	875	12	for	for	ADP
ftr-490	875	13	less	less	ADJ
ftr-490	875	14	than	than	ADP
ftr-490	875	15	its	its	PRON
ftr-490	875	16	face	face	NOUN
ftr-490	875	17	amount	amount	NOUN
ftr-490	875	18	.	.	PUNCT
ftr-490	876	1	on	on	ADP
ftr-490	876	2	disposition	disposition	NOUN
ftr-490	876	3	of	of	ADP
ftr-490	876	4	the	the	DET
ftr-490	876	5	property	property	NOUN
ftr-490	876	6	in	in	ADP
ftr-490	876	7	1929	1929	NUM
ftr-490	876	8	-	-	PUNCT
ftr-490	876	9	the	the	DET
ftr-490	876	10	transaction	transaction	NOUN
ftr-490	876	11	before	before	ADP
ftr-490	876	12	the	the	DET
ftr-490	876	13	board	board	NOUN
ftr-490	876	14	of	of	ADP
ftr-490	876	15	tax	tax	NOUN
ftr-490	876	16	appeals	appeal	NOUN
ftr-490	876	17	-	-	PUNCT
ftr-490	876	18	the	the	DET
ftr-490	876	19	board	board	NOUN
ftr-490	876	20	held	hold	VERB
ftr-490	876	21	that	that	SCONJ
ftr-490	876	22	the	the	DET
ftr-490	876	23	property	property	NOUN
ftr-490	876	24	's	's	PART
ftr-490	876	25	basis	basis	NOUN
ftr-490	876	26	equalled	equal	VERB
ftr-490	876	27	the	the	DET
ftr-490	876	28	cash	cash	NOUN
ftr-490	876	29	initially	initially	ADV
ftr-490	876	30	paid	pay	VERB
ftr-490	876	31	for	for	ADP
ftr-490	876	32	it	it	PRON
ftr-490	876	33	plus	plus	CCONJ
ftr-490	876	34	the	the	DET
ftr-490	876	35	amount	amount	NOUN
ftr-490	876	36	subsequently	subsequently	ADV
ftr-490	876	37	paid	pay	VERB
ftr-490	876	38	in	in	ADP
ftr-490	876	39	satisfaction	satisfaction	NOUN
ftr-490	876	40	of	of	ADP
ftr-490	876	41	the	the	DET
ftr-490	876	42	nonrecourse	nonrecourse	NOUN
ftr-490	876	43	debt	debt	NOUN
ftr-490	876	44	.	.	PUNCT
ftr-490	876	45	'	'	PUNCT
ftr-490	876	46	2	2	NUM
ftr-490	876	47	'	'	PART
ftr-490	876	48	basis	basis	NOUN
ftr-490	876	49	did	do	AUX
ftr-490	876	50	not	not	PART
ftr-490	876	51	include	include	VERB
ftr-490	876	52	,	,	PUNCT
ftr-490	876	53	as	as	SCONJ
ftr-490	876	54	the	the	DET
ftr-490	876	55	taxpayer	taxpayer	NOUN
ftr-490	876	56	contended	contend	VERB
ftr-490	876	57	it	it	PRON
ftr-490	876	58	should	should	AUX
ftr-490	876	59	,	,	PUNCT
ftr-490	876	60	the	the	DET
ftr-490	876	61	portion	portion	NOUN
ftr-490	876	62	of	of	ADP
ftr-490	876	63	the	the	DET
ftr-490	876	64	debt	debt	NOUN
ftr-490	876	65	that	that	PRON
ftr-490	876	66	was	be	AUX
ftr-490	876	67	cancelled	cancel	VERB
ftr-490	876	68	.	.	PUNCT
ftr-490	877	1	the	the	DET
ftr-490	877	2	opinion	opinion	NOUN
ftr-490	877	3	does	do	AUX
ftr-490	877	4	not	not	PART
ftr-490	877	5	make	make	VERB
ftr-490	877	6	it	it	PRON
ftr-490	877	7	clear	clear	ADJ
ftr-490	877	8	whether	whether	SCONJ
ftr-490	877	9	the	the	DET
ftr-490	877	10	taxpayer	taxpayer	NOUN
ftr-490	877	11	included	include	VERB
ftr-490	877	12	in	in	ADP
ftr-490	877	13	gross	gross	ADJ
ftr-490	877	14	income	income	NOUN
ftr-490	877	15	the	the	DET
ftr-490	877	16	cod	cod	NOUN
ftr-490	877	17	income	income	NOUN
ftr-490	877	18	realized	realize	VERB
ftr-490	877	19	in	in	ADP
ftr-490	877	20	1922	1922	NUM
ftr-490	877	21	,	,	PUNCT
ftr-490	877	22	though	though	SCONJ
ftr-490	877	23	dictionary	dictionary	ADJ
ftr-490	877	24	definition	definition	NOUN
ftr-490	877	25	of	of	ADP
ftr-490	877	26	words	word	NOUN
ftr-490	877	27	as	as	SCONJ
ftr-490	877	28	they	they	PRON
ftr-490	877	29	are	be	AUX
ftr-490	877	30	"	"	PUNCT
ftr-490	877	31	commonly	commonly	ADV
ftr-490	877	32	understood	understand	VERB
ftr-490	877	33	.	.	PUNCT
ftr-490	877	34	"	"	PUNCT
ftr-490	878	1	for	for	ADP
ftr-490	878	2	example	example	NOUN
ftr-490	878	3	,	,	PUNCT
ftr-490	878	4	justice	justice	PROPN
ftr-490	878	5	scalia	scalia	PROPN
ftr-490	878	6	,	,	PUNCT
ftr-490	878	7	writing	write	VERB
ftr-490	878	8	for	for	ADP
ftr-490	878	9	the	the	DET
ftr-490	878	10	majority	majority	NOUN
ftr-490	878	11	this	this	DET
ftr-490	878	12	past	past	ADJ
ftr-490	878	13	term	term	NOUN
ftr-490	878	14	,	,	PUNCT
ftr-490	878	15	disparagingly	disparagingly	ADV
ftr-490	878	16	stated	state	VERB
ftr-490	878	17	,	,	PUNCT
ftr-490	878	18	"	"	PUNCT
ftr-490	878	19	the	the	DET
ftr-490	878	20	dissent	dissent	NOUN
ftr-490	878	21	believes	believe	VERB
ftr-490	878	22	petitioner	petitioner	NOUN
ftr-490	878	23	's	's	PART
ftr-490	878	24	position	position	NOUN
ftr-490	878	25	on	on	ADP
ftr-490	878	26	this	this	DET
ftr-490	878	27	point	point	NOUN
ftr-490	878	28	to	to	PART
ftr-490	878	29	be	be	AUX
ftr-490	878	30	supported	support	VERB
ftr-490	878	31	by	by	ADP
ftr-490	878	32	the	the	DET
ftr-490	878	33	history	history	NOUN
ftr-490	878	34	and	and	CCONJ
ftr-490	878	35	structure	structure	NOUN
ftr-490	878	36	of	of	ADP
ftr-490	878	37	the	the	DET
ftr-490	878	38	ada	ada	PROPN
ftr-490	878	39	...	...	PUNCT
ftr-490	879	1	sources	source	NOUN
ftr-490	879	2	it	it	PRON
ftr-490	879	3	deems	deem	VERB
ftr-490	879	4	'	'	PUNCT
ftr-490	879	5	more	more	ADV
ftr-490	879	6	illuminating	illuminating	ADJ
ftr-490	879	7	'	'	PUNCT
ftr-490	879	8	than	than	ADP
ftr-490	879	9	a	a	DET
ftr-490	879	10	'	'	PUNCT
ftr-490	879	11	narrow	narrow	ADJ
ftr-490	879	12	focus	focus	NOUN
ftr-490	879	13	'	'	PUNCT
ftr-490	879	14	on	on	ADP
ftr-490	879	15	the	the	DET
ftr-490	879	16	ada	ada	PROPN
ftr-490	879	17	's	's	PART
ftr-490	879	18	language	language	NOUN
ftr-490	879	19	.	.	PUNCT
ftr-490	880	1	morales	morale	NOUN
ftr-490	880	2	v	v	PROPN
ftr-490	880	3	,	,	PUNCT
ftr-490	880	4	trans	trans	PROPN
ftr-490	880	5	world	world	PROPN
ftr-490	880	6	airlines	airlines	PROPN
ftr-490	880	7	,	,	PUNCT
ftr-490	880	8	inc	inc	PROPN
ftr-490	880	9	.	.	PROPN
ftr-490	880	10	,	,	PUNCT
ftr-490	880	11	60	60	NUM
ftr-490	881	1	u.s.l.w	u.s.l.w	NOUN
ftr-490	881	2	.	.	PUNCT
ftr-490	882	1	4444,4446	4444,4446	NUM
ftr-490	882	2	n.2	n.2	NOUN
ftr-490	882	3	(	(	PUNCT
ftr-490	882	4	u.s	u.s	PROPN
ftr-490	882	5	.	.	PROPN
ftr-490	882	6	june	june	PROPN
ftr-490	882	7	1	1	NUM
ftr-490	882	8	,	,	PUNCT
ftr-490	882	9	1992	1992	NUM
ftr-490	882	10	)	)	PUNCT
ftr-490	882	11	(	(	PUNCT
ftr-490	882	12	emphasis	emphasis	NOUN
ftr-490	882	13	added	add	VERB
ftr-490	882	14	)	)	PUNCT
ftr-490	882	15	.	.	PUNCT
ftr-490	883	1	116	116	NUM
ftr-490	883	2	.	.	PUNCT
ftr-490	884	1	the	the	DET
ftr-490	884	2	interest	interest	NOUN
ftr-490	884	3	on	on	ADP
ftr-490	884	4	loan	loan	NOUN
ftr-490	884	5	proceeds	proceed	NOUN
ftr-490	884	6	traced	trace	VERB
ftr-490	884	7	to	to	ADP
ftr-490	884	8	personal	personal	ADJ
ftr-490	884	9	uses	use	NOUN
ftr-490	884	10	is	be	AUX
ftr-490	884	11	nondeductible	nondeductible	ADJ
ftr-490	884	12	unless	unless	SCONJ
ftr-490	884	13	the	the	DET
ftr-490	884	14	interest	interest	NOUN
ftr-490	884	15	is	be	AUX
ftr-490	884	16	"	"	PUNCT
ftr-490	884	17	qualified	qualified	ADJ
ftr-490	884	18	residence	residence	NOUN
ftr-490	884	19	interest	interest	NOUN
ftr-490	884	20	"	"	PUNCT
ftr-490	884	21	within	within	ADP
ftr-490	884	22	the	the	DET
ftr-490	884	23	meaning	meaning	NOUN
ftr-490	884	24	of	of	ADP
ftr-490	884	25	section	section	NOUN
ftr-490	884	26	163(h)(3	163(h)(3	NUM
ftr-490	884	27	)	)	PUNCT
ftr-490	884	28	.	.	PUNCT
ftr-490	885	1	see	see	VERB
ftr-490	885	2	irc	irc	PROPN
ftr-490	885	3	§	§	PROPN
ftr-490	885	4	163(h)(1	163(h)(1	NUM
ftr-490	885	5	)	)	PUNCT
ftr-490	885	6	.	.	PUNCT
ftr-490	886	1	see	see	VERB
ftr-490	886	2	generally	generally	ADV
ftr-490	886	3	temp	temp	ADJ
ftr-490	886	4	.	.	PUNCT
ftr-490	887	1	regs	regs	PROPN
ftr-490	887	2	.	.	PUNCT
ftr-490	888	1	§	§	PROPN
ftr-490	888	2	§	§	PROPN
ftr-490	888	3	1.163	1.163	NUM
ftr-490	888	4	-	-	SYM
ftr-490	888	5	8	8	NUM
ftr-490	888	6	t	t	NOUN
ftr-490	888	7	through	through	ADP
ftr-490	888	8	10	10	NUM
ftr-490	888	9	t.	t.	NOUN
ftr-490	888	10	117	117	NUM
ftr-490	888	11	.	.	PUNCT
ftr-490	889	1	rev	rev	PROPN
ftr-490	889	2	.	.	PUNCT
ftr-490	889	3	rul	rul	PROPN
ftr-490	889	4	.	.	PUNCT
ftr-490	890	1	69	69	NUM
ftr-490	890	2	-	-	SYM
ftr-490	890	3	188	188	NUM
ftr-490	890	4	,	,	PUNCT
ftr-490	890	5	1969	1969	NUM
ftr-490	890	6	-	-	SYM
ftr-490	890	7	1	1	NUM
ftr-490	890	8	c.b	c.b	PROPN
ftr-490	890	9	.	.	PROPN
ftr-490	890	10	54	54	NUM
ftr-490	890	11	(	(	PUNCT
ftr-490	890	12	defining	define	VERB
ftr-490	890	13	the	the	DET
ftr-490	890	14	term	term	NOUN
ftr-490	890	15	"	"	PUNCT
ftr-490	890	16	interest	interest	NOUN
ftr-490	890	17	"	"	PUNCT
ftr-490	890	18	for	for	ADP
ftr-490	890	19	tax	tax	NOUN
ftr-490	890	20	purposes	purpose	NOUN
ftr-490	890	21	by	by	ADP
ftr-490	890	22	citing	cite	VERB
ftr-490	890	23	old	old	ADJ
ftr-490	890	24	colony	colony	NOUN
ftr-490	890	25	railroad	railroad	PROPN
ftr-490	890	26	co.	co.	PROPN
ftr-490	891	1	v.	v.	PROPN
ftr-490	891	2	commissioner	commissioner	PROPN
ftr-490	891	3	,	,	PUNCT
ftr-490	891	4	284	284	NUM
ftr-490	891	5	u.s	u.s	PROPN
ftr-490	891	6	.	.	PROPN
ftr-490	891	7	552	552	NUM
ftr-490	891	8	(	(	PUNCT
ftr-490	891	9	1932	1932	NUM
ftr-490	891	10	)	)	PUNCT
ftr-490	891	11	and	and	CCONJ
ftr-490	891	12	deputy	deputy	NOUN
ftr-490	891	13	v.	v.	ADP
ftr-490	891	14	dupont	dupont	PROPN
ftr-490	891	15	,	,	PUNCT
ftr-490	891	16	308	308	NUM
ftr-490	891	17	u.s	u.s	PROPN
ftr-490	891	18	.	.	PROPN
ftr-490	891	19	488	488	NUM
ftr-490	891	20	(	(	PUNCT
ftr-490	891	21	1940	1940	NUM
ftr-490	891	22	)	)	PUNCT
ftr-490	891	23	)	)	PUNCT
ftr-490	891	24	.	.	PUNCT
ftr-490	892	1	118	118	NUM
ftr-490	892	2	.	.	PUNCT
ftr-490	893	1	fulton	fulton	PROPN
ftr-490	893	2	gold	gold	PROPN
ftr-490	893	3	corp	corp	PROPN
ftr-490	893	4	.	.	PROPN
ftr-490	894	1	v.	v.	PROPN
ftr-490	894	2	commissioner	commissioner	PROPN
ftr-490	894	3	,	,	PUNCT
ftr-490	894	4	31	31	NUM
ftr-490	894	5	b.t.a	b.t.a	NOUN
ftr-490	894	6	.	.	PROPN
ftr-490	894	7	519	519	NUM
ftr-490	894	8	(	(	PUNCT
ftr-490	894	9	1934	1934	NUM
ftr-490	894	10	)	)	PUNCT
ftr-490	894	11	.	.	PUNCT
ftr-490	895	1	119	119	X
ftr-490	895	2	.	.	PUNCT
ftr-490	895	3	see	see	VERB
ftr-490	895	4	supra	supra	PROPN
ftr-490	895	5	text	text	NOUN
ftr-490	895	6	accompanying	accompanying	ADJ
ftr-490	895	7	note	note	NOUN
ftr-490	895	8	80	80	NUM
ftr-490	895	9	.	.	PUNCT
ftr-490	896	1	120	120	NUM
ftr-490	896	2	.	.	PUNCT
ftr-490	897	1	see	see	VERB
ftr-490	897	2	fulton	fulton	PROPN
ftr-490	897	3	gold	gold	PROPN
ftr-490	897	4	corp	corp	PROPN
ftr-490	897	5	.	.	PROPN
ftr-490	897	6	,	,	PUNCT
ftr-490	897	7	31	31	NUM
ftr-490	897	8	b.t.a	b.t.a	NOUN
ftr-490	897	9	.	.	PUNCT
ftr-490	898	1	at	at	ADP
ftr-490	898	2	520	520	NUM
ftr-490	898	3	.	.	NOUN
ftr-490	898	4	121	121	NUM
ftr-490	898	5	.	.	PUNCT
ftr-490	899	1	see	see	VERB
ftr-490	899	2	i	i	PRON
ftr-490	899	3	d.	d.	PROPN
ftr-490	899	4	at	at	ADP
ftr-490	899	5	521	521	NUM
ftr-490	899	6	.	.	PUNCT
ftr-490	900	1	[	[	X
ftr-490	900	2	vol	vol	NOUN
ftr-490	900	3	1:3	1:3	NUM
ftr-490	900	4	tufts	tuft	NOUN
ftr-490	900	5	and	and	CCONJ
ftr-490	900	6	the	the	DET
ftr-490	900	7	evolution	evolution	NOUN
ftr-490	900	8	of	of	ADP
ftr-490	900	9	debt	debt	NOUN
ftr-490	900	10	-	-	PUNCT
ftr-490	900	11	discharge	discharge	NOUN
ftr-490	900	12	theory	theory	NOUN
ftr-490	900	13	the	the	DET
ftr-490	900	14	taxpayer	taxpayer	NOUN
ftr-490	900	15	cited	cite	VERB
ftr-490	900	16	kirby	kirby	PROPN
ftr-490	900	17	lunber	lunber	PROPN
ftr-490	900	18	in	in	ADP
ftr-490	900	19	arguing	argue	VERB
ftr-490	900	20	that	that	SCONJ
ftr-490	900	21	it	it	PRON
ftr-490	900	22	should	should	AUX
ftr-490	900	23	get	get	VERB
ftr-490	900	24	basis	basis	NOUN
ftr-490	900	25	credit	credit	NOUN
ftr-490	900	26	for	for	ADP
ftr-490	900	27	the	the	DET
ftr-490	900	28	cod	cod	NOUN
ftr-490	900	29	income	income	NOUN
ftr-490	900	30	.	.	PUNCT
ftr-490	900	31	"	"	PUNCT
ftr-490	901	1	the	the	DET
ftr-490	901	2	board	board	NOUN
ftr-490	901	3	reasoned	reason	VERB
ftr-490	901	4	,	,	PUNCT
ftr-490	901	5	in	in	ADP
ftr-490	901	6	essence	essence	NOUN
ftr-490	901	7	,	,	PUNCT
ftr-490	901	8	that	that	PRON
ftr-490	901	9	kirby	kirby	PROPN
ftr-490	901	10	lumber	lumber	NOUN
ftr-490	901	11	applied	apply	VERB
ftr-490	901	12	only	only	ADV
ftr-490	901	13	to	to	PART
ftr-490	901	14	recourse	recourse	VERB
ftr-490	901	15	debt	debt	NOUN
ftr-490	901	16	,	,	PUNCT
ftr-490	901	17	that	that	SCONJ
ftr-490	901	18	nonrecourse	nonrecourse	NOUN
ftr-490	901	19	debt	debt	NOUN
ftr-490	901	20	was	be	AUX
ftr-490	901	21	not	not	PART
ftr-490	901	22	really	really	ADV
ftr-490	901	23	"	"	PUNCT
ftr-490	901	24	debt	debt	NOUN
ftr-490	901	25	"	"	PUNCT
ftr-490	901	26	but	but	CCONJ
ftr-490	901	27	only	only	ADV
ftr-490	901	28	an	an	DET
ftr-490	901	29	"	"	PUNCT
ftr-490	901	30	encumbrance	encumbrance	NOUN
ftr-490	901	31	on	on	ADP
ftr-490	901	32	property	property	NOUN
ftr-490	901	33	.	.	PUNCT
ftr-490	901	34	"	"	PUNCT
ftr-490	902	1	here	here	ADV
ftr-490	902	2	the	the	DET
ftr-490	902	3	petitioner	petitioner	NOUN
ftr-490	902	4	,	,	PUNCT
ftr-490	902	5	instead	instead	ADV
ftr-490	902	6	of	of	ADP
ftr-490	902	7	assuming	assume	VERB
ftr-490	902	8	the	the	DET
ftr-490	902	9	mortgage	mortgage	NOUN
ftr-490	902	10	,	,	PUNCT
ftr-490	902	11	bought	buy	VERB
ftr-490	902	12	the	the	DET
ftr-490	902	13	property	property	NOUN
ftr-490	902	14	subject	subject	NOUN
ftr-490	902	15	to	to	ADP
ftr-490	902	16	it	it	PRON
ftr-490	902	17	,	,	PUNCT
ftr-490	902	18	and	and	CCONJ
ftr-490	902	19	by	by	ADP
ftr-490	902	20	making	make	VERB
ftr-490	902	21	the	the	DET
ftr-490	902	22	purchase	purchase	NOUN
ftr-490	902	23	on	on	ADP
ftr-490	902	24	such	such	ADJ
ftr-490	902	25	terms	term	NOUN
ftr-490	902	26	incurred	incur	VERB
ftr-490	902	27	no	no	DET
ftr-490	902	28	personal	personal	ADJ
ftr-490	902	29	liability	liability	NOUN
ftr-490	902	30	for	for	ADP
ftr-490	902	31	the	the	DET
ftr-490	902	32	debt	debt	NOUN
ftr-490	902	33	.	.	PUNCT
ftr-490	903	1	accordingly	accordingly	ADV
ftr-490	903	2	,	,	PUNCT
ftr-490	903	3	payment	payment	NOUN
ftr-490	903	4	of	of	ADP
ftr-490	903	5	the	the	DET
ftr-490	903	6	mortgage	mortgage	NOUN
ftr-490	903	7	did	do	AUX
ftr-490	903	8	not	not	PART
ftr-490	903	9	result	result	VERB
ftr-490	903	10	in	in	ADP
ftr-490	903	11	the	the	DET
ftr-490	903	12	liquidation	liquidation	NOUN
ftr-490	903	13	of	of	ADP
ftr-490	903	14	a	a	DET
ftr-490	903	15	personal	personal	ADJ
ftr-490	903	16	debt	debt	NOUN
ftr-490	903	17	.	.	PUNCT
ftr-490	904	1	by	by	ADP
ftr-490	904	2	it	it	PRON
ftr-490	904	3	the	the	DET
ftr-490	904	4	petitioner	petitioner	NOUN
ftr-490	904	5	merely	merely	ADV
ftr-490	904	6	satisfied	satisfy	VERB
ftr-490	904	7	an	an	DET
ftr-490	904	8	encumbrance	encumbrance	NOUN
ftr-490	904	9	on	on	ADP
ftr-490	904	10	property	property	NOUN
ftr-490	904	11	in	in	ADP
ftr-490	904	12	which	which	PRON
ftr-490	904	13	it	it	PRON
ftr-490	904	14	had	have	VERB
ftr-490	904	15	an	an	DET
ftr-490	904	16	equity	equity	NOUN
ftr-490	904	17	and	and	CCONJ
ftr-490	904	18	there	there	PRON
ftr-490	904	19	was	be	VERB
ftr-490	904	20	no	no	DET
ftr-490	904	21	release	release	NOUN
ftr-490	904	22	of	of	ADP
ftr-490	904	23	assets	asset	NOUN
ftr-490	904	24	"	"	PUNCT
ftr-490	904	25	previously	previously	ADV
ftr-490	904	26	offset	offset	VERB
ftr-490	904	27	by	by	ADP
ftr-490	904	28	the	the	DET
ftr-490	904	29	obligation	obligation	NOUN
ftr-490	904	30	"	"	PUNCT
ftr-490	904	31	of	of	ADP
ftr-490	904	32	the	the	DET
ftr-490	904	33	notes	note	NOUN
ftr-490	904	34	or	or	CCONJ
ftr-490	904	35	bonds	bond	NOUN
ftr-490	904	36	evidencing	evidence	VERB
ftr-490	904	37	the	the	DET
ftr-490	904	38	debt	debt	NOUN
ftr-490	904	39	secured	secure	VERB
ftr-490	904	40	by	by	ADP
ftr-490	904	41	the	the	DET
ftr-490	904	42	mortgage	mortgage	NOUN
ftr-490	904	43	.	.	PUNCT
ftr-490	905	1	'rightly	'rightly	PART
ftr-490	905	2	or	or	CCONJ
ftr-490	905	3	wrongly	wrongly	ADV
ftr-490	905	4	,	,	PUNCT
ftr-490	905	5	fulton	fulton	PROPN
ftr-490	905	6	gold	gold	PROPN
ftr-490	905	7	came	come	VERB
ftr-490	905	8	to	to	PART
ftr-490	905	9	stand	stand	VERB
ftr-490	905	10	for	for	ADP
ftr-490	905	11	the	the	DET
ftr-490	905	12	more	more	ADV
ftr-490	905	13	general	general	ADJ
ftr-490	905	14	proposition	proposition	NOUN
ftr-490	905	15	that	that	SCONJ
ftr-490	905	16	a	a	DET
ftr-490	905	17	cancellation	cancellation	NOUN
ftr-490	905	18	of	of	ADP
ftr-490	905	19	nonrecourse	nonrecourse	NOUN
ftr-490	905	20	debt	debt	NOUN
ftr-490	905	21	not	not	PART
ftr-490	905	22	related	relate	VERB
ftr-490	905	23	to	to	ADP
ftr-490	905	24	a	a	DET
ftr-490	905	25	disposition	disposition	NOUN
ftr-490	905	26	of	of	ADP
ftr-490	905	27	the	the	DET
ftr-490	905	28	property	property	NOUN
ftr-490	905	29	under	under	ADP
ftr-490	905	30	section	section	NOUN
ftr-490	905	31	1001	1001	NUM
ftr-490	905	32	results	result	NOUN
ftr-490	905	33	not	not	PART
ftr-490	905	34	in	in	ADP
ftr-490	905	35	cod	cod	NOUN
ftr-490	905	36	income	income	NOUN
ftr-490	905	37	but	but	CCONJ
ftr-490	905	38	rather	rather	ADV
ftr-490	905	39	results	result	VERB
ftr-490	905	40	only	only	ADV
ftr-490	905	41	in	in	ADP
ftr-490	905	42	a	a	DET
ftr-490	905	43	decrease	decrease	NOUN
ftr-490	905	44	in	in	ADP
ftr-490	905	45	basis	basis	NOUN
ftr-490	905	46	.	.	PUNCT
ftr-490	906	1	this	this	DET
ftr-490	906	2	interpretation	interpretation	NOUN
ftr-490	906	3	of	of	ADP
ftr-490	906	4	fulton	fulton	PROPN
ftr-490	906	5	gold	gold	PROPN
ftr-490	906	6	has	have	AUX
ftr-490	906	7	been	be	AUX
ftr-490	906	8	roundly	roundly	ADV
ftr-490	906	9	criticized	criticize	VERB
ftr-490	906	10	24	24	NUM
ftr-490	906	11	and	and	CCONJ
ftr-490	906	12	,	,	PUNCT
ftr-490	906	13	based	base	VERB
ftr-490	906	14	as	as	SCONJ
ftr-490	906	15	it	it	PRON
ftr-490	906	16	was	be	AUX
ftr-490	906	17	on	on	ADP
ftr-490	906	18	the	the	DET
ftr-490	906	19	freeing	free	VERB
ftr-490	906	20	-	-	PUNCT
ftr-490	906	21	up	up	ADP
ftr-490	906	22	-	-	PUNCT
ftr-490	906	23	of	of	ADP
ftr-490	906	24	-	-	PUNCT
ftr-490	906	25	assets	asset	NOUN
ftr-490	906	26	rationale	rationale	NOUN
ftr-490	906	27	which	which	PRON
ftr-490	906	28	,	,	PUNCT
ftr-490	906	29	as	as	SCONJ
ftr-490	906	30	noted	note	VERB
ftr-490	906	31	above	above	ADV
ftr-490	906	32	,	,	PUNCT
ftr-490	906	33	has	have	AUX
ftr-490	906	34	been	be	AUX
ftr-490	906	35	itself	itself	PRON
ftr-490	906	36	abandoned	abandon	VERB
ftr-490	906	37	as	as	ADP
ftr-490	906	38	the	the	DET
ftr-490	906	39	rationale	rationale	NOUN
ftr-490	906	40	underlying	underlie	VERB
ftr-490	906	41	cod	cod	NOUN
ftr-490	906	42	income	income	NOUN
ftr-490	906	43	,	,	PUNCT
ftr-490	906	44	was	be	AUX
ftr-490	906	45	finally	finally	ADV
ftr-490	906	46	interred	inter	VERB
ftr-490	906	47	by	by	ADP
ftr-490	906	48	both	both	CCONJ
ftr-490	906	49	the	the	DET
ftr-490	906	50	tax	tax	NOUN
ftr-490	906	51	court	court	NOUN
ftr-490	906	52	and	and	CCONJ
ftr-490	906	53	the	the	DET
ftr-490	906	54	internal	internal	ADJ
ftr-490	906	55	revenue	revenue	NOUN
ftr-490	906	56	service	service	NOUN
ftr-490	906	57	.	.	PUNCT
ftr-490	907	1	in	in	ADP
ftr-490	907	2	gershkowitz	gershkowitz	PROPN
ftr-490	907	3	i.	i.	PROPN
ftr-490	907	4	comnissioner,"'the	comnissioner,"'the	PROPN
ftr-490	907	5	very	very	ADV
ftr-490	907	6	much	much	ADV
ftr-490	907	7	simplified	simplified	ADJ
ftr-490	907	8	facts	fact	NOUN
ftr-490	907	9	boil	boil	VERB
ftr-490	907	10	down	down	ADP
ftr-490	907	11	to	to	ADP
ftr-490	907	12	the	the	DET
ftr-490	907	13	discharge	discharge	NOUN
ftr-490	907	14	of	of	ADP
ftr-490	907	15	two	two	NUM
ftr-490	907	16	nonrecourse	nonrecourse	NOUN
ftr-490	907	17	loans	loan	NOUN
ftr-490	907	18	:	:	PUNCT
ftr-490	907	19	one	one	NUM
ftr-490	907	20	a	a	DET
ftr-490	907	21	simple	simple	ADJ
ftr-490	907	22	cancellation	cancellation	NOUN
ftr-490	907	23	without	without	ADP
ftr-490	907	24	surrender	surrender	NOUN
ftr-490	907	25	of	of	ADP
ftr-490	907	26	the	the	DET
ftr-490	907	27	securing	securing	NOUN
ftr-490	907	28	property	property	NOUN
ftr-490	907	29	and	and	CCONJ
ftr-490	907	30	the	the	DET
ftr-490	907	31	other	other	ADJ
ftr-490	907	32	a	a	DET
ftr-490	907	33	cancellation	cancellation	NOUN
ftr-490	907	34	upon	upon	SCONJ
ftr-490	907	35	surrendering	surrender	VERB
ftr-490	907	36	the	the	DET
ftr-490	907	37	securing	securing	NOUN
ftr-490	907	38	property	property	NOUN
ftr-490	907	39	,	,	PUNCT
ftr-490	907	40	which	which	PRON
ftr-490	907	41	,	,	PUNCT
ftr-490	907	42	as	as	ADP
ftr-490	907	43	in	in	ADP
ftr-490	907	44	tufts	tuft	NOUN
ftr-490	907	45	,	,	PUNCT
ftr-490	907	46	had	have	VERB
ftr-490	907	47	a	a	DET
ftr-490	907	48	fair	fair	ADJ
ftr-490	907	49	market	market	NOUN
ftr-490	907	50	value	value	NOUN
ftr-490	907	51	that	that	PRON
ftr-490	907	52	was	be	AUX
ftr-490	907	53	less	less	ADJ
ftr-490	907	54	than	than	ADP
ftr-490	907	55	the	the	DET
ftr-490	907	56	extinguished	extinguished	ADJ
ftr-490	907	57	debt	debt	NOUN
ftr-490	907	58	.	.	PUNCT
ftr-490	908	1	in	in	ADP
ftr-490	908	2	a	a	DET
ftr-490	908	3	reviewed	review	VERB
ftr-490	908	4	decision	decision	NOUN
ftr-490	908	5	with	with	ADP
ftr-490	908	6	no	no	DET
ftr-490	908	7	dissents	dissent	NOUN
ftr-490	908	8	or	or	CCONJ
ftr-490	908	9	separate	separate	ADJ
ftr-490	908	10	concurrences,'26	concurrences,'26	PROPN
ftr-490	908	11	the	the	DET
ftr-490	908	12	tax	tax	NOUN
ftr-490	908	13	court	court	NOUN
ftr-490	908	14	held	hold	VERB
ftr-490	908	15	that	that	SCONJ
ftr-490	908	16	the	the	DET
ftr-490	908	17	cancellation	cancellation	NOUN
ftr-490	908	18	of	of	ADP
ftr-490	908	19	a	a	DET
ftr-490	908	20	$	$	SYM
ftr-490	908	21	250,000	250,000	NUM
ftr-490	908	22	nonrecourse	nonrecourse	NOUN
ftr-490	908	23	debt	debt	NOUN
ftr-490	908	24	without	without	ADP
ftr-490	908	25	surrender	surrender	NOUN
ftr-490	908	26	of	of	ADP
ftr-490	908	27	the	the	DET
ftr-490	908	28	securing	securing	NOUN
ftr-490	908	29	property	property	NOUN
ftr-490	908	30	worth	worth	ADJ
ftr-490	908	31	$	$	SYM
ftr-490	908	32	2,500	2,500	NUM
ftr-490	908	33	and	and	CCONJ
ftr-490	908	34	with	with	ADP
ftr-490	908	35	a	a	DET
ftr-490	908	36	basis	basis	NOUN
ftr-490	908	37	of	of	ADP
ftr-490	908	38	$	$	SYM
ftr-490	908	39	50,000	50,000	NUM
ftr-490	908	40	produced	produce	VERB
ftr-490	908	41	cod	cod	NOUN
ftr-490	908	42	income	income	NOUN
ftr-490	908	43	under	under	ADP
ftr-490	908	44	section	section	NOUN
ftr-490	908	45	61(a)(12	61(a)(12	NUM
ftr-490	908	46	)	)	PUNCT
ftr-490	908	47	to	to	ADP
ftr-490	908	48	the	the	DET
ftr-490	908	49	extent	extent	NOUN
ftr-490	908	50	of	of	ADP
ftr-490	908	51	the	the	DET
ftr-490	908	52	cancelled	cancel	VERB
ftr-490	908	53	debt	debt	NOUN
ftr-490	908	54	.	.	PUNCT
ftr-490	908	55	'z	'z	PART
ftr-490	908	56	in	in	ADP
ftr-490	908	57	so	so	ADV
ftr-490	908	58	holding	holding	NOUN
ftr-490	908	59	,	,	PUNCT
ftr-490	908	60	122	122	NUM
ftr-490	908	61	.	.	PUNCT
ftr-490	909	1	see	see	VERB
ftr-490	909	2	i	i	PRON
ftr-490	909	3	d.	d.	PROPN
ftr-490	909	4	at	at	ADP
ftr-490	909	5	520	520	NUM
ftr-490	909	6	.	.	PUNCT
ftr-490	910	1	professor	professor	NOUN
ftr-490	910	2	cunningham	cunningham	PROPN
ftr-490	910	3	assumes	assume	VERB
ftr-490	910	4	that	that	SCONJ
ftr-490	910	5	the	the	DET
ftr-490	910	6	taxpayer	taxpayer	NOUN
ftr-490	910	7	did	do	AUX
ftr-490	910	8	not	not	PART
ftr-490	910	9	include	include	VERB
ftr-490	910	10	any	any	DET
ftr-490	910	11	cod	cod	NOUN
ftr-490	910	12	income	income	NOUN
ftr-490	910	13	in	in	ADP
ftr-490	910	14	gross	gross	ADJ
ftr-490	910	15	income	income	NOUN
ftr-490	910	16	in	in	ADP
ftr-490	910	17	the	the	DET
ftr-490	910	18	earlier	early	ADJ
ftr-490	910	19	year	year	NOUN
ftr-490	910	20	.	.	PUNCT
ftr-490	911	1	"	"	PUNCT
ftr-490	911	2	'	'	PUNCT
ftr-490	911	3	when	when	SCONJ
ftr-490	911	4	the	the	DET
ftr-490	911	5	taxpayer	taxpayer	NOUN
ftr-490	911	6	subsequently	subsequently	ADV
ftr-490	911	7	discharged	discharge	VERB
ftr-490	911	8	the	the	DET
ftr-490	911	9	mortgage	mortgage	NOUN
ftr-490	911	10	for	for	ADP
ftr-490	911	11	less	less	ADJ
ftr-490	911	12	than	than	ADP
ftr-490	911	13	the	the	DET
ftr-490	911	14	unpaid	unpaid	ADJ
ftr-490	911	15	balance	balance	NOUN
ftr-490	911	16	,	,	PUNCT
ftr-490	911	17	the	the	DET
ftr-490	911	18	debtor	debtor	NOUN
ftr-490	911	19	was	be	AUX
ftr-490	911	20	not	not	PART
ftr-490	911	21	charged	charge	VERB
ftr-490	911	22	with	with	ADP
ftr-490	911	23	cancellation	cancellation	NOUN
ftr-490	911	24	-	-	PUNCT
ftr-490	911	25	of	of	ADP
ftr-490	911	26	-	-	PUNCT
ftr-490	911	27	indebtedness	indebtedness	NOUN
ftr-490	911	28	income	income	NOUN
ftr-490	911	29	.	.	PUNCT
ftr-490	911	30	"	"	PUNCT
ftr-490	912	1	cunningham	cunningham	PROPN
ftr-490	912	2	l	l	PROPN
ftr-490	912	3	,	,	PUNCT
ftr-490	912	4	supra	supra	PROPN
ftr-490	912	5	note	note	NOUN
ftr-490	912	6	14	14	NUM
ftr-490	912	7	,	,	PUNCT
ftr-490	912	8	at	at	ADP
ftr-490	912	9	607	607	NUM
ftr-490	912	10	.	.	PUNCT
ftr-490	913	1	123	123	NUM
ftr-490	913	2	.	.	X
ftr-490	913	3	31	31	NUM
ftr-490	913	4	b.t.a	b.t.a	NOUN
ftr-490	913	5	.	.	PUNCT
ftr-490	914	1	at	at	ADP
ftr-490	914	2	521	521	NUM
ftr-490	914	3	(	(	PUNCT
ftr-490	914	4	citation	citation	NOUN
ftr-490	914	5	omitted	omit	VERB
ftr-490	914	6	)	)	PUNCT
ftr-490	914	7	.	.	PUNCT
ftr-490	915	1	124	124	NUM
ftr-490	915	2	.	.	PUNCT
ftr-490	916	1	see	see	VERB
ftr-490	916	2	,	,	PUNCT
ftr-490	916	3	e.g	e.g	PROPN
ftr-490	916	4	,	,	PUNCT
ftr-490	916	5	blanchard	blanchard	NOUN
ftr-490	916	6	,	,	PUNCT
ftr-490	916	7	supra	supra	PROPN
ftr-490	916	8	note	note	PROPN
ftr-490	916	9	41	41	NUM
ftr-490	916	10	(	(	PUNCT
ftr-490	916	11	criticizing	criticize	VERB
ftr-490	916	12	both	both	PRON
ftr-490	916	13	tufts	tuft	NOUN
ftr-490	916	14	and	and	CCONJ
ftr-490	916	15	fulton	fulton	PROPN
ftr-490	916	16	gold	gold	PROPN
ftr-490	916	17	)	)	PUNCT
ftr-490	916	18	.	.	PUNCT
ftr-490	917	1	125	125	NUM
ftr-490	917	2	.	.	X
ftr-490	917	3	88	88	NUM
ftr-490	917	4	t.c	t.c	PROPN
ftr-490	917	5	.	.	PROPN
ftr-490	917	6	984	984	NUM
ftr-490	917	7	(	(	PUNCT
ftr-490	917	8	1987	1987	NUM
ftr-490	917	9	)	)	PUNCT
ftr-490	917	10	.	.	PUNCT
ftr-490	918	1	126	126	X
ftr-490	918	2	.	.	PUNCT
ftr-490	919	1	see	see	VERB
ftr-490	919	2	i	i	PRON
ftr-490	919	3	d.	d.	PROPN
ftr-490	919	4	at	at	ADP
ftr-490	919	5	1019	1019	NUM
ftr-490	919	6	.	.	PUNCT
ftr-490	920	1	127	127	NUM
ftr-490	920	2	.	.	PUNCT
ftr-490	921	1	see	see	VERB
ftr-490	921	2	i	i	PRON
ftr-490	921	3	d.	d.	PROPN
ftr-490	921	4	at	at	ADP
ftr-490	921	5	1004	1004	NUM
ftr-490	921	6	-	-	SYM
ftr-490	921	7	14	14	NUM
ftr-490	921	8	.	.	PUNCT
ftr-490	922	1	because	because	SCONJ
ftr-490	922	2	the	the	DET
ftr-490	922	3	cod	cod	NOUN
ftr-490	922	4	income	income	NOUN
ftr-490	922	5	was	be	AUX
ftr-490	922	6	realized	realize	VERB
ftr-490	922	7	by	by	ADP
ftr-490	922	8	a	a	DET
ftr-490	922	9	partnership	partnership	NOUN
ftr-490	922	10	,	,	PUNCT
ftr-490	922	11	most	most	ADJ
ftr-490	922	12	of	of	ADP
ftr-490	922	13	the	the	DET
ftr-490	922	14	analysis	analysis	NOUN
ftr-490	922	15	dealt	deal	VERB
ftr-490	922	16	with	with	ADP
ftr-490	922	17	whether	whether	SCONJ
ftr-490	922	18	the	the	DET
ftr-490	922	19	insolvency	insolvency	NOUN
ftr-490	922	20	exception	exception	NOUN
ftr-490	922	21	to	to	ADP
ftr-490	922	22	the	the	DET
ftr-490	922	23	recognition	recognition	NOUN
ftr-490	922	24	of	of	ADP
ftr-490	922	25	realized	realize	VERB
ftr-490	922	26	19921	19921	NUM
ftr-490	922	27	florida	florida	PROPN
ftr-490	922	28	tax	tax	PROPN
ftr-490	922	29	review	review	NOUN
ftr-490	922	30	the	the	DET
ftr-490	922	31	court	court	NOUN
ftr-490	922	32	quoted	quote	VERB
ftr-490	922	33	the	the	DET
ftr-490	922	34	portion	portion	NOUN
ftr-490	922	35	of	of	ADP
ftr-490	922	36	footnote	footnote	NOUN
ftr-490	922	37	11	11	NUM
ftr-490	922	38	of	of	ADP
ftr-490	922	39	tufts	tuft	NOUN
ftr-490	922	40	quoted	quote	VERB
ftr-490	922	41	above	above	ADV
ftr-490	922	42	,	,	PUNCT
ftr-490	922	43	2	2	NUM
ftr-490	922	44	'	'	PART
ftr-490	922	45	containing	contain	VERB
ftr-490	922	46	the	the	DET
ftr-490	922	47	reference	reference	NOUN
ftr-490	922	48	to	to	ADP
ftr-490	922	49	fulton	fulton	PROPN
ftr-490	922	50	gold	gold	NOUN
ftr-490	922	51	,	,	PUNCT
ftr-490	922	52	and	and	CCONJ
ftr-490	922	53	rejected	reject	VERB
ftr-490	922	54	an	an	DET
ftr-490	922	55	argument	argument	NOUN
ftr-490	922	56	that	that	SCONJ
ftr-490	922	57	the	the	DET
ftr-490	922	58	amount	amount	NOUN
ftr-490	922	59	of	of	ADP
ftr-490	922	60	cod	cod	NOUN
ftr-490	922	61	income	income	NOUN
ftr-490	922	62	must	must	AUX
ftr-490	922	63	be	be	AUX
ftr-490	922	64	limited	limit	VERB
ftr-490	922	65	to	to	ADP
ftr-490	922	66	the	the	DET
ftr-490	922	67	$	$	SYM
ftr-490	922	68	2,500	2,500	NUM
ftr-490	922	69	value	value	NOUN
ftr-490	922	70	of	of	ADP
ftr-490	922	71	the	the	DET
ftr-490	922	72	collateral	collateral	NOUN
ftr-490	922	73	under	under	ADP
ftr-490	922	74	a	a	DET
ftr-490	922	75	freeing	free	VERB
ftr-490	922	76	-	-	PUNCT
ftr-490	922	77	up	up	ADP
ftr-490	922	78	-	-	PUNCT
ftr-490	922	79	of	of	ADP
ftr-490	922	80	-	-	PUNCT
ftr-490	922	81	assets	asset	NOUN
ftr-490	922	82	rationale	rationale	NOUN
ftr-490	922	83	.	.	PUNCT
ftr-490	923	1	while	while	SCONJ
ftr-490	923	2	not	not	PART
ftr-490	923	3	very	very	ADV
ftr-490	923	4	clearly	clearly	ADV
ftr-490	923	5	written	write	VERB
ftr-490	923	6	,	,	PUNCT
ftr-490	923	7	the	the	DET
ftr-490	923	8	opinion	opinion	NOUN
ftr-490	923	9	also	also	ADV
ftr-490	923	10	seemed	seem	VERB
ftr-490	923	11	to	to	PART
ftr-490	923	12	reject	reject	VERB
ftr-490	923	13	any	any	DET
ftr-490	923	14	extrapolation	extrapolation	NOUN
ftr-490	923	15	from	from	ADP
ftr-490	923	16	fulton	fulton	PROPN
ftr-490	923	17	gold	gold	PROPN
ftr-490	923	18	that	that	PRON
ftr-490	923	19	cod	cod	NOUN
ftr-490	923	20	income	income	NOUN
ftr-490	923	21	could	could	AUX
ftr-490	923	22	be	be	AUX
ftr-490	923	23	recognized	recognize	VERB
ftr-490	923	24	only	only	ADV
ftr-490	923	25	to	to	ADP
ftr-490	923	26	the	the	DET
ftr-490	923	27	extent	extent	NOUN
ftr-490	923	28	of	of	ADP
ftr-490	923	29	the	the	DET
ftr-490	923	30	basis	basis	NOUN
ftr-490	923	31	in	in	ADP
ftr-490	923	32	the	the	DET
ftr-490	923	33	securing	securing	NOUN
ftr-490	923	34	property	property	NOUN
ftr-490	923	35	because	because	SCONJ
ftr-490	923	36	of	of	ADP
ftr-490	923	37	the	the	DET
ftr-490	923	38	anathema	anathema	NOUN
ftr-490	923	39	of	of	ADP
ftr-490	923	40	a	a	DET
ftr-490	923	41	negative	negative	ADJ
ftr-490	923	42	basis	basis	NOUN
ftr-490	923	43	.	.	PUNCT
ftr-490	924	1	the	the	DET
ftr-490	924	2	opinion	opinion	NOUN
ftr-490	924	3	has	have	VERB
ftr-490	924	4	to	to	PART
ftr-490	924	5	be	be	AUX
ftr-490	924	6	read	read	VERB
ftr-490	924	7	more	more	ADV
ftr-490	924	8	broadly	broadly	ADV
ftr-490	924	9	as	as	ADP
ftr-490	924	10	rejecting	reject	VERB
ftr-490	924	11	the	the	DET
ftr-490	924	12	dubious	dubious	ADJ
ftr-490	924	13	rule	rule	NOUN
ftr-490	924	14	attributed	attribute	VERB
ftr-490	924	15	to	to	ADP
ftr-490	924	16	fulton	fulton	PROPN
ftr-490	924	17	gold	gold	PROPN
ftr-490	924	18	in	in	ADP
ftr-490	924	19	the	the	DET
ftr-490	924	20	first	first	ADJ
ftr-490	924	21	instance	instance	NOUN
ftr-490	924	22	that	that	SCONJ
ftr-490	924	23	cancellation	cancellation	NOUN
ftr-490	924	24	of	of	ADP
ftr-490	924	25	nonrecourse	nonrecourse	ADJ
ftr-490	924	26	debt	debt	NOUN
ftr-490	924	27	without	without	ADP
ftr-490	924	28	a	a	DET
ftr-490	924	29	transfer	transfer	NOUN
ftr-490	924	30	of	of	ADP
ftr-490	924	31	the	the	DET
ftr-490	924	32	securing	securing	NOUN
ftr-490	924	33	property	property	NOUN
ftr-490	924	34	automatically	automatically	ADV
ftr-490	924	35	results	result	VERB
ftr-490	924	36	in	in	ADP
ftr-490	924	37	a	a	DET
ftr-490	924	38	decrease	decrease	NOUN
ftr-490	924	39	in	in	ADP
ftr-490	924	40	basis	basis	NOUN
ftr-490	924	41	(	(	PUNCT
ftr-490	924	42	to	to	ADP
ftr-490	924	43	the	the	DET
ftr-490	924	44	extent	extent	NOUN
ftr-490	924	45	thereof	thereof	ADV
ftr-490	924	46	)	)	PUNCT
ftr-490	924	47	and	and	CCONJ
ftr-490	924	48	no	no	DET
ftr-490	924	49	cod	cod	NOUN
ftr-490	924	50	income	income	NOUN
ftr-490	924	51	.	.	PUNCT
ftr-490	925	1	the	the	DET
ftr-490	925	2	actual	actual	ADJ
ftr-490	925	3	result	result	NOUN
ftr-490	925	4	in	in	ADP
ftr-490	925	5	the	the	DET
ftr-490	925	6	case	case	NOUN
ftr-490	925	7	is	be	AUX
ftr-490	925	8	simply	simply	ADV
ftr-490	925	9	incompatible	incompatible	ADJ
ftr-490	925	10	with	with	ADP
ftr-490	925	11	the	the	DET
ftr-490	925	12	approach	approach	NOUN
ftr-490	925	13	attributed	attribute	VERB
ftr-490	925	14	to	to	ADP
ftr-490	925	15	fulton	fulton	PROPN
ftr-490	925	16	gold'29	gold'29	PROPN
ftr-490	925	17	when	when	SCONJ
ftr-490	925	18	nonrecourse	nonrecourse	NOUN
ftr-490	925	19	debt	debt	NOUN
ftr-490	925	20	is	be	AUX
ftr-490	925	21	cancelled	cancel	VERB
ftr-490	925	22	without	without	ADP
ftr-490	925	23	the	the	DET
ftr-490	925	24	surrender	surrender	NOUN
ftr-490	925	25	of	of	ADP
ftr-490	925	26	the	the	DET
ftr-490	925	27	securing	securing	NOUN
ftr-490	925	28	property	property	NOUN
ftr-490	925	29	.	.	PUNCT
ftr-490	926	1	3	3	NUM
ftr-490	926	2	cod	cod	NOUN
ftr-490	926	3	income	income	NOUN
ftr-490	926	4	should	should	AUX
ftr-490	926	5	be	be	AUX
ftr-490	926	6	applied	apply	VERB
ftr-490	926	7	at	at	ADP
ftr-490	926	8	the	the	DET
ftr-490	926	9	partnership	partnership	NOUN
ftr-490	926	10	or	or	CCONJ
ftr-490	926	11	partner	partner	NOUN
ftr-490	926	12	level	level	NOUN
ftr-490	926	13	.	.	PUNCT
ftr-490	927	1	the	the	DET
ftr-490	927	2	tax	tax	NOUN
ftr-490	927	3	court	court	NOUN
ftr-490	927	4	concluded	conclude	VERB
ftr-490	927	5	that	that	SCONJ
ftr-490	927	6	the	the	DET
ftr-490	927	7	insolvency	insolvency	NOUN
ftr-490	927	8	exception	exception	NOUN
ftr-490	927	9	applied	apply	VERB
ftr-490	927	10	at	at	ADP
ftr-490	927	11	the	the	DET
ftr-490	927	12	partner	partner	NOUN
ftr-490	927	13	level	level	NOUN
ftr-490	927	14	,	,	PUNCT
ftr-490	927	15	a	a	DET
ftr-490	927	16	result	result	NOUN
ftr-490	927	17	now	now	ADV
ftr-490	927	18	codified	codify	VERB
ftr-490	927	19	in	in	ADP
ftr-490	927	20	section	section	NOUN
ftr-490	927	21	108(d)(6	108(d)(6	NUM
ftr-490	927	22	)	)	PUNCT
ftr-490	927	23	.	.	PUNCT
ftr-490	928	1	although	although	SCONJ
ftr-490	928	2	the	the	DET
ftr-490	928	3	court	court	NOUN
ftr-490	928	4	refers	refer	VERB
ftr-490	928	5	at	at	ADP
ftr-490	928	6	some	some	DET
ftr-490	928	7	points	point	NOUN
ftr-490	928	8	to	to	ADP
ftr-490	928	9	the	the	DET
ftr-490	928	10	amount	amount	NOUN
ftr-490	928	11	taken	take	VERB
ftr-490	928	12	into	into	ADP
ftr-490	928	13	account	account	NOUN
ftr-490	928	14	as	as	ADP
ftr-490	928	15	"	"	PUNCT
ftr-490	928	16	gain	gain	NOUN
ftr-490	928	17	"	"	PUNCT
ftr-490	928	18	(	(	PUNCT
ftr-490	928	19	see	see	VERB
ftr-490	928	20	i	i	PRON
ftr-490	928	21	d.	d.	PROPN
ftr-490	928	22	at	at	ADP
ftr-490	928	23	1014	1014	NUM
ftr-490	928	24	)	)	PUNCT
ftr-490	928	25	and	and	CCONJ
ftr-490	928	26	refers	refer	VERB
ftr-490	928	27	to	to	ADP
ftr-490	928	28	the	the	DET
ftr-490	928	29	amount	amount	NOUN
ftr-490	928	30	of	of	ADP
ftr-490	928	31	debt	debt	NOUN
ftr-490	928	32	discharged	discharge	VERB
ftr-490	928	33	as	as	ADP
ftr-490	928	34	"	"	PUNCT
ftr-490	928	35	amount	amount	NOUN
ftr-490	928	36	realized	realize	VERB
ftr-490	928	37	"	"	PUNCT
ftr-490	928	38	(	(	PUNCT
ftr-490	928	39	see	see	VERB
ftr-490	928	40	i	i	PRON
ftr-490	928	41	d.	d.	PROPN
ftr-490	928	42	at	at	ADP
ftr-490	928	43	1012	1012	NUM
ftr-490	928	44	)	)	PUNCT
ftr-490	928	45	,	,	PUNCT
ftr-490	928	46	cod	cod	NOUN
ftr-490	928	47	income	income	NOUN
ftr-490	928	48	is	be	AUX
ftr-490	928	49	not	not	PART
ftr-490	928	50	"	"	PUNCT
ftr-490	928	51	gain	gain	VERB
ftr-490	928	52	"	"	PUNCT
ftr-490	928	53	under	under	ADP
ftr-490	928	54	section	section	NOUN
ftr-490	928	55	1001	1001	NUM
ftr-490	928	56	but	but	CCONJ
ftr-490	928	57	rather	rather	ADV
ftr-490	928	58	is	be	AUX
ftr-490	928	59	ordinary	ordinary	ADJ
ftr-490	928	60	income	income	NOUN
ftr-490	928	61	,	,	PUNCT
ftr-490	928	62	and	and	CCONJ
ftr-490	928	63	there	there	PRON
ftr-490	928	64	is	be	VERB
ftr-490	928	65	no	no	DET
ftr-490	928	66	"	"	PUNCT
ftr-490	928	67	amount	amount	NOUN
ftr-490	928	68	realized	realize	VERB
ftr-490	928	69	"	"	PUNCT
ftr-490	928	70	on	on	ADP
ftr-490	928	71	debt	debt	NOUN
ftr-490	928	72	cancellation	cancellation	NOUN
ftr-490	928	73	.	.	PUNCT
ftr-490	929	1	"	"	PUNCT
ftr-490	929	2	gain	gain	NOUN
ftr-490	929	3	"	"	PUNCT
ftr-490	929	4	and	and	CCONJ
ftr-490	929	5	"	"	PUNCT
ftr-490	929	6	amount	amount	NOUN
ftr-490	929	7	realized	realize	VERB
ftr-490	929	8	"	"	PUNCT
ftr-490	929	9	are	be	AUX
ftr-490	929	10	words	word	NOUN
ftr-490	929	11	of	of	ADP
ftr-490	929	12	art	art	NOUN
ftr-490	929	13	under	under	ADP
ftr-490	929	14	section	section	NOUN
ftr-490	929	15	1001	1001	NUM
ftr-490	929	16	,	,	PUNCT
ftr-490	929	17	dealing	deal	VERB
ftr-490	929	18	with	with	ADP
ftr-490	929	19	property	property	NOUN
ftr-490	929	20	dispositions	disposition	NOUN
ftr-490	929	21	.	.	PUNCT
ftr-490	930	1	in	in	ADP
ftr-490	930	2	the	the	DET
ftr-490	930	3	end	end	NOUN
ftr-490	930	4	,	,	PUNCT
ftr-490	930	5	however	however	ADV
ftr-490	930	6	,	,	PUNCT
ftr-490	930	7	the	the	DET
ftr-490	930	8	opinion	opinion	NOUN
ftr-490	930	9	has	have	VERB
ftr-490	930	10	to	to	PART
ftr-490	930	11	be	be	AUX
ftr-490	930	12	read	read	VERB
ftr-490	930	13	as	as	ADP
ftr-490	930	14	holding	hold	VERB
ftr-490	930	15	that	that	PRON
ftr-490	930	16	cod	cod	NOUN
ftr-490	930	17	income	income	NOUN
ftr-490	930	18	was	be	AUX
ftr-490	930	19	realized	realize	VERB
ftr-490	930	20	on	on	ADP
ftr-490	930	21	the	the	DET
ftr-490	930	22	transaction	transaction	NOUN
ftr-490	930	23	and	and	CCONJ
ftr-490	930	24	that	that	SCONJ
ftr-490	930	25	no	no	DET
ftr-490	930	26	transaction	transaction	NOUN
ftr-490	930	27	under	under	ADP
ftr-490	930	28	section	section	NOUN
ftr-490	930	29	1001	1001	NUM
ftr-490	930	30	occurred	occur	VERB
ftr-490	930	31	as	as	SCONJ
ftr-490	930	32	the	the	DET
ftr-490	930	33	court	court	NOUN
ftr-490	930	34	stated	state	VERB
ftr-490	930	35	:	:	PUNCT
ftr-490	930	36	"	"	PUNCT
ftr-490	930	37	having	having	AUX
ftr-490	930	38	concluded	conclude	VERB
ftr-490	930	39	that	that	SCONJ
ftr-490	930	40	each	each	DET
ftr-490	930	41	partner	partner	NOUN
ftr-490	930	42	must	must	AUX
ftr-490	930	43	recognize	recognize	VERB
ftr-490	930	44	ordinary	ordinary	ADJ
ftr-490	930	45	income	income	NOUN
ftr-490	930	46	from	from	ADP
ftr-490	930	47	the	the	DET
ftr-490	930	48	discharge	discharge	NOUN
ftr-490	930	49	of	of	ADP
ftr-490	930	50	indebtedness	indebtedness	NOUN
ftr-490	930	51	as	as	ADP
ftr-490	930	52	a	a	DET
ftr-490	930	53	result	result	NOUN
ftr-490	930	54	of	of	ADP
ftr-490	930	55	the	the	DET
ftr-490	930	56	prentice	prentice	NOUN
ftr-490	930	57	-	-	PUNCT
ftr-490	930	58	hall	hall	NOUN
ftr-490	930	59	transaction	transaction	NOUN
ftr-490	930	60	,	,	PUNCT
ftr-490	930	61	we	we	PRON
ftr-490	930	62	must	must	AUX
ftr-490	930	63	now	now	ADV
ftr-490	930	64	consider	consider	VERB
ftr-490	930	65	the	the	DET
ftr-490	930	66	amount	amount	NOUN
ftr-490	930	67	of	of	ADP
ftr-490	930	68	that	that	DET
ftr-490	930	69	income	income	NOUN
ftr-490	930	70	.	.	PUNCT
ftr-490	930	71	"	"	PUNCT
ftr-490	931	1	i	i	PRON
ftr-490	931	2	d.	d.	PROPN
ftr-490	931	3	at	at	ADP
ftr-490	931	4	1010	1010	NUM
ftr-490	931	5	.	.	PUNCT
ftr-490	932	1	128	128	NUM
ftr-490	932	2	.	.	PUNCT
ftr-490	933	1	see	see	VERB
ftr-490	933	2	i	i	PRON
ftr-490	933	3	d.	d.	PROPN
ftr-490	933	4	at	at	ADP
ftr-490	933	5	1011	1011	NUM
ftr-490	933	6	-	-	SYM
ftr-490	933	7	12	12	NUM
ftr-490	933	8	.	.	PUNCT
ftr-490	934	1	129	129	NUM
ftr-490	934	2	.	.	PUNCT
ftr-490	935	1	"	"	PUNCT
ftr-490	935	2	although	although	SCONJ
ftr-490	935	3	the	the	DET
ftr-490	935	4	tax	tax	NOUN
ftr-490	935	5	court	court	NOUN
ftr-490	935	6	has	have	AUX
ftr-490	935	7	not	not	PART
ftr-490	935	8	actually	actually	ADV
ftr-490	935	9	overruled	overrule	VERB
ftr-490	935	10	fulton	fulton	PROPN
ftr-490	935	11	gold	gold	PROPN
ftr-490	935	12	,	,	PUNCT
ftr-490	935	13	the	the	DET
ftr-490	935	14	court	court	NOUN
ftr-490	935	15	has	have	AUX
ftr-490	935	16	severely	severely	ADV
ftr-490	935	17	limited	limit	VERB
ftr-490	935	18	its	its	PRON
ftr-490	935	19	application	application	NOUN
ftr-490	935	20	.	.	PUNCT
ftr-490	935	21	"	"	PUNCT
ftr-490	936	1	witt	witt	PROPN
ftr-490	936	2	&	&	CCONJ
ftr-490	936	3	lyons	lyons	PROPN
ftr-490	936	4	,	,	PUNCT
ftr-490	936	5	supra	supra	PROPN
ftr-490	936	6	note	note	PROPN
ftr-490	936	7	8	8	NUM
ftr-490	936	8	,	,	PUNCT
ftr-490	936	9	at	at	ADP
ftr-490	936	10	64	64	NUM
ftr-490	936	11	n.280	n.280	ADJ
ftr-490	936	12	.	.	PUNCT
ftr-490	936	13	130	130	NUM
ftr-490	936	14	.	.	PUNCT
ftr-490	937	1	the	the	DET
ftr-490	937	2	tax	tax	NOUN
ftr-490	937	3	court	court	NOUN
ftr-490	937	4	quite	quite	ADV
ftr-490	937	5	rightly	rightly	ADV
ftr-490	937	6	saw	see	VERB
ftr-490	937	7	the	the	DET
ftr-490	937	8	potential	potential	NOUN
ftr-490	937	9	for	for	ADP
ftr-490	937	10	abuse	abuse	NOUN
ftr-490	937	11	if	if	SCONJ
ftr-490	937	12	it	it	PRON
ftr-490	937	13	were	be	AUX
ftr-490	937	14	to	to	PART
ftr-490	937	15	limit	limit	VERB
ftr-490	937	16	the	the	DET
ftr-490	937	17	amount	amount	NOUN
ftr-490	937	18	of	of	ADP
ftr-490	937	19	cod	cod	NOUN
ftr-490	937	20	income	income	NOUN
ftr-490	937	21	to	to	ADP
ftr-490	937	22	either	either	CCONJ
ftr-490	937	23	the	the	DET
ftr-490	937	24	$	$	SYM
ftr-490	937	25	2,500	2,500	NUM
ftr-490	937	26	value	value	NOUN
ftr-490	937	27	of	of	ADP
ftr-490	937	28	the	the	DET
ftr-490	937	29	retained	retain	VERB
ftr-490	937	30	collateral	collateral	NOUN
ftr-490	937	31	based	base	VERB
ftr-490	937	32	on	on	ADP
ftr-490	937	33	the	the	DET
ftr-490	937	34	freeing	free	VERB
ftr-490	937	35	-	-	PUNCT
ftr-490	937	36	up	up	ADP
ftr-490	937	37	-	-	PUNCT
ftr-490	937	38	of	of	ADP
ftr-490	937	39	-	-	PUNCT
ftr-490	937	40	assets	asset	NOUN
ftr-490	937	41	rationale	rationale	NOUN
ftr-490	937	42	or	or	CCONJ
ftr-490	937	43	the	the	DET
ftr-490	937	44	$	$	SYM
ftr-490	937	45	50,000	50,000	NUM
ftr-490	937	46	basis	basis	NOUN
ftr-490	937	47	of	of	ADP
ftr-490	937	48	the	the	DET
ftr-490	937	49	collateral	collateral	NOUN
ftr-490	937	50	based	base	VERB
ftr-490	937	51	on	on	ADP
ftr-490	937	52	an	an	DET
ftr-490	937	53	extrapolation	extrapolation	NOUN
ftr-490	937	54	from	from	ADP
ftr-490	937	55	fulton	fulton	PROPN
ftr-490	937	56	gold	gold	PROPN
ftr-490	937	57	.	.	PUNCT
ftr-490	938	1	see	see	VERB
ftr-490	938	2	88	88	NUM
ftr-490	938	3	t.c	t.c	PROPN
ftr-490	938	4	.	.	PUNCT
ftr-490	939	1	at	at	ADP
ftr-490	939	2	1014	1014	NUM
ftr-490	939	3	.	.	PUNCT
ftr-490	940	1	if	if	SCONJ
ftr-490	940	2	the	the	DET
ftr-490	940	3	taxpayer	taxpayer	NOUN
ftr-490	940	4	had	have	AUX
ftr-490	940	5	transferred	transfer	VERB
ftr-490	940	6	the	the	DET
ftr-490	940	7	collateral	collateral	NOUN
ftr-490	940	8	in	in	ADP
ftr-490	940	9	foreclosure	foreclosure	NOUN
ftr-490	940	10	without	without	ADP
ftr-490	940	11	the	the	DET
ftr-490	940	12	payment	payment	NOUN
ftr-490	940	13	of	of	ADP
ftr-490	940	14	a	a	DET
ftr-490	940	15	cent	cent	NOUN
ftr-490	940	16	,	,	PUNCT
ftr-490	940	17	it	it	PRON
ftr-490	940	18	would	would	AUX
ftr-490	940	19	have	have	AUX
ftr-490	940	20	realized	realize	VERB
ftr-490	940	21	gain	gain	NOUN
ftr-490	940	22	under	under	ADP
ftr-490	940	23	tufts	tuft	NOUN
ftr-490	940	24	and	and	CCONJ
ftr-490	940	25	section	section	NOUN
ftr-490	940	26	1001	1001	NUM
ftr-490	940	27	to	to	ADP
ftr-490	940	28	the	the	DET
ftr-490	940	29	extent	extent	NOUN
ftr-490	940	30	of	of	ADP
ftr-490	940	31	the	the	DET
ftr-490	940	32	excess	excess	NOUN
ftr-490	940	33	of	of	ADP
ftr-490	940	34	the	the	DET
ftr-490	940	35	$	$	SYM
ftr-490	940	36	250,000	250,000	NUM
ftr-490	940	37	nonrecourse	nonrecourse	NOUN
ftr-490	940	38	debt	debt	NOUN
ftr-490	940	39	over	over	ADP
ftr-490	940	40	the	the	DET
ftr-490	940	41	taxpayer	taxpayer	NOUN
ftr-490	940	42	's	's	PART
ftr-490	940	43	$	$	SYM
ftr-490	940	44	50,000	50,000	NUM
ftr-490	940	45	basis	basis	NOUN
ftr-490	940	46	in	in	ADP
ftr-490	940	47	the	the	DET
ftr-490	940	48	collateral	collateral	NOUN
ftr-490	940	49	.	.	PUNCT
ftr-490	941	1	in	in	ADP
ftr-490	941	2	an	an	DET
ftr-490	941	3	attempt	attempt	NOUN
ftr-490	941	4	to	to	PART
ftr-490	941	5	avoid	avoid	VERB
ftr-490	941	6	this	this	DET
ftr-490	941	7	result	result	NOUN
ftr-490	941	8	,	,	PUNCT
ftr-490	941	9	the	the	DET
ftr-490	941	10	taxpayer	taxpayer	NOUN
ftr-490	941	11	actually	actually	ADV
ftr-490	941	12	paid	pay	VERB
ftr-490	941	13	80	80	NUM
ftr-490	941	14	%	%	NOUN
ftr-490	941	15	of	of	ADP
ftr-490	941	16	the	the	DET
ftr-490	941	17	collateral	collateral	NOUN
ftr-490	941	18	's	's	PART
ftr-490	941	19	basis-40,000	basis-40,000	VERB
ftr-490	941	20	in	in	ADP
ftr-490	941	21	cash	cash	NOUN
ftr-490	941	22	-	-	PUNCT
ftr-490	941	23	to	to	ADP
ftr-490	941	24	the	the	DET
ftr-490	941	25	creditor	creditor	NOUN
ftr-490	941	26	in	in	ADP
ftr-490	941	27	exchange	exchange	NOUN
ftr-490	941	28	for	for	ADP
ftr-490	941	29	extinguishment	extinguishment	NOUN
ftr-490	941	30	of	of	ADP
ftr-490	941	31	the	the	DET
ftr-490	941	32	debt	debt	NOUN
ftr-490	941	33	,	,	PUNCT
ftr-490	941	34	apparently	apparently	ADV
ftr-490	941	35	banking	bank	VERB
ftr-490	941	36	on	on	ADP
ftr-490	941	37	being	be	AUX
ftr-490	941	38	able	able	ADJ
ftr-490	941	39	to	to	PART
ftr-490	941	40	use	use	VERB
ftr-490	941	41	the	the	DET
ftr-490	941	42	insolvency	insolvency	NOUN
ftr-490	941	43	exception	exception	NOUN
ftr-490	941	44	to	to	ADP
ftr-490	941	45	immediate	immediate	ADJ
ftr-490	941	46	recognition	recognition	NOUN
ftr-490	941	47	of	of	ADP
ftr-490	941	48	the	the	DET
ftr-490	941	49	cod	cod	NOUN
ftr-490	941	50	income	income	NOUN
ftr-490	941	51	created	create	VERB
ftr-490	941	52	.	.	PUNCT
ftr-490	942	1	see	see	VERB
ftr-490	942	2	i	i	PRON
ftr-490	942	3	d.	d.	PROPN
ftr-490	942	4	at	at	ADP
ftr-490	942	5	1013	1013	NUM
ftr-490	942	6	.	.	PUNCT
ftr-490	943	1	the	the	DET
ftr-490	943	2	government	government	NOUN
ftr-490	943	3	was	be	AUX
ftr-490	943	4	the	the	DET
ftr-490	943	5	party	party	NOUN
ftr-490	943	6	that	that	PRON
ftr-490	943	7	actually	actually	ADV
ftr-490	943	8	argued	argue	VERB
ftr-490	943	9	that	that	SCONJ
ftr-490	943	10	the	the	DET
ftr-490	943	11	cod	cod	NOUN
ftr-490	943	12	income	income	NOUN
ftr-490	943	13	was	be	AUX
ftr-490	943	14	limited	limit	VERB
ftr-490	943	15	to	to	ADP
ftr-490	943	16	the	the	DET
ftr-490	943	17	$	$	SYM
ftr-490	943	18	2,500	2,500	NUM
ftr-490	943	19	value	value	NOUN
ftr-490	943	20	of	of	ADP
ftr-490	943	21	the	the	DET
ftr-490	943	22	collateral	collateral	NOUN
ftr-490	943	23	,	,	PUNCT
ftr-490	943	24	and	and	CCONJ
ftr-490	943	25	it	it	PRON
ftr-490	943	26	did	do	VERB
ftr-490	943	27	so	so	ADV
ftr-490	943	28	because	because	SCONJ
ftr-490	943	29	of	of	ADP
ftr-490	943	30	the	the	DET
ftr-490	943	31	increase	increase	NOUN
ftr-490	943	32	in	in	ADP
ftr-490	943	33	the	the	DET
ftr-490	943	34	outside	outside	ADJ
ftr-490	943	35	basis	basis	NOUN
ftr-490	943	36	of	of	ADP
ftr-490	943	37	the	the	DET
ftr-490	943	38	partners	partner	NOUN
ftr-490	943	39	in	in	ADP
ftr-490	943	40	their	their	PRON
ftr-490	943	41	partnership	partnership	NOUN
ftr-490	943	42	interests	interest	NOUN
ftr-490	943	43	under	under	ADP
ftr-490	943	44	section	section	NOUN
ftr-490	943	45	705(a)(1)(a	705(a)(1)(a	NUM
ftr-490	943	46	)	)	PUNCT
ftr-490	943	47	that	that	PRON
ftr-490	943	48	accompanied	accompany	VERB
ftr-490	943	49	the	the	DET
ftr-490	943	50	realization	realization	NOUN
ftr-490	943	51	of	of	ADP
ftr-490	943	52	the	the	DET
ftr-490	943	53	larger	large	ADJ
ftr-490	943	54	amount	amount	NOUN
ftr-490	943	55	of	of	ADP
ftr-490	943	56	cod	cod	NOUN
ftr-490	943	57	income	income	NOUN
ftr-490	943	58	by	by	ADP
ftr-490	943	59	the	the	DET
ftr-490	943	60	partnership	partnership	NOUN
ftr-490	943	61	.	.	PUNCT
ftr-490	944	1	see	see	VERB
ftr-490	944	2	i	i	PRON
ftr-490	944	3	d.	d.	PROPN
ftr-490	944	4	at	at	ADP
ftr-490	944	5	1009	1009	NUM
ftr-490	944	6	.	.	PUNCT
ftr-490	945	1	the	the	DET
ftr-490	945	2	inflated	inflated	ADJ
ftr-490	945	3	outside	outside	ADJ
ftr-490	945	4	basis	basis	NOUN
ftr-490	945	5	permitted	permit	VERB
ftr-490	945	6	flow	flow	NOUN
ftr-490	945	7	through	through	ADP
ftr-490	945	8	of	of	ADP
ftr-490	945	9	large	large	ADJ
ftr-490	945	10	losses	loss	NOUN
ftr-490	945	11	to	to	ADP
ftr-490	945	12	each	each	DET
ftr-490	945	13	partner	partner	NOUN
ftr-490	945	14	under	under	ADP
ftr-490	945	15	section	section	NOUN
ftr-490	945	16	704(a	704(a	PROPN
ftr-490	945	17	)	)	PUNCT
ftr-490	945	18	and	and	CCONJ
ftr-490	945	19	(	(	PUNCT
ftr-490	945	20	d	d	NOUN
ftr-490	945	21	)	)	PUNCT
ftr-490	945	22	.	.	PUNCT
ftr-490	946	1	if	if	SCONJ
ftr-490	946	2	the	the	DET
ftr-490	946	3	tax	tax	NOUN
ftr-490	946	4	court	court	NOUN
ftr-490	946	5	had	have	AUX
ftr-490	946	6	accepted	accept	VERB
ftr-490	946	7	the	the	DET
ftr-490	946	8	government	government	NOUN
ftr-490	946	9	's	's	PART
ftr-490	946	10	position	position	NOUN
ftr-490	946	11	that	that	PRON
ftr-490	946	12	cod	cod	NOUN
ftr-490	946	13	income	income	NOUN
ftr-490	946	14	was	be	AUX
ftr-490	946	15	limited	limit	VERB
ftr-490	946	16	to	to	ADP
ftr-490	946	17	either	either	CCONJ
ftr-490	946	18	the	the	DET
ftr-490	946	19	value	value	NOUN
ftr-490	946	20	or	or	CCONJ
ftr-490	946	21	basis	basis	NOUN
ftr-490	946	22	of	of	ADP
ftr-490	946	23	the	the	DET
ftr-490	946	24	collateral	collateral	NOUN
ftr-490	946	25	when	when	SCONJ
ftr-490	946	26	nonrecourse	nonrecourse	NOUN
ftr-490	946	27	debt	debt	NOUN
ftr-490	946	28	is	be	AUX
ftr-490	946	29	forgiven	forgive	VERB
ftr-490	946	30	without	without	ADP
ftr-490	946	31	surrender	surrender	NOUN
ftr-490	946	32	of	of	ADP
ftr-490	946	33	the	the	DET
ftr-490	946	34	collateral	collateral	NOUN
ftr-490	946	35	,	,	PUNCT
ftr-490	946	36	it	it	PRON
ftr-490	946	37	no	no	ADV
ftr-490	946	38	doubt	doubt	ADV
ftr-490	946	39	would	would	AUX
ftr-490	946	40	have	have	AUX
ftr-490	946	41	come	come	VERB
ftr-490	946	42	back	back	ADV
ftr-490	946	43	to	to	PART
ftr-490	946	44	haunt	haunt	VERB
ftr-490	946	45	the	the	DET
ftr-490	946	46	government	government	NOUN
ftr-490	946	47	.	.	PUNCT
ftr-490	947	1	the	the	DET
ftr-490	947	2	advantages	advantage	NOUN
ftr-490	947	3	of	of	ADP
ftr-490	947	4	structuring	structure	VERB
ftr-490	947	5	such	such	ADJ
ftr-490	947	6	transactions	transaction	NOUN
ftr-490	947	7	outside	outside	ADP
ftr-490	947	8	the	the	DET
ftr-490	947	9	partnership	partnership	NOUN
ftr-490	947	10	context	context	NOUN
ftr-490	947	11	by	by	ADP
ftr-490	947	12	avoiding	avoid	VERB
ftr-490	947	13	the	the	DET
ftr-490	947	14	[	[	X
ftr-490	947	15	vol	vol	NOUN
ftr-490	947	16	1:3	1:3	NUM
ftr-490	947	17	tufts	tuft	NOUN
ftr-490	947	18	mid	mid	ADP
ftr-490	947	19	the	the	DET
ftr-490	947	20	evolution	evolution	NOUN
ftr-490	947	21	of	of	ADP
ftr-490	947	22	debt	debt	NOUN
ftr-490	947	23	-	-	PUNCT
ftr-490	947	24	discharge	discharge	NOUN
ftr-490	947	25	theory	theory	NOUN
ftr-490	947	26	with	with	ADP
ftr-490	947	27	respect	respect	NOUN
ftr-490	947	28	to	to	ADP
ftr-490	947	29	the	the	DET
ftr-490	947	30	nonrecourse	nonrecourse	NOUN
ftr-490	947	31	loan	loan	NOUN
ftr-490	947	32	extinguished	extinguish	VERB
ftr-490	947	33	on	on	ADP
ftr-490	947	34	transfer	transfer	NOUN
ftr-490	947	35	of	of	ADP
ftr-490	947	36	the	the	DET
ftr-490	947	37	securing	secure	VERB
ftr-490	947	38	property	property	NOUN
ftr-490	947	39	to	to	ADP
ftr-490	947	40	the	the	DET
ftr-490	947	41	creditor	creditor	NOUN
ftr-490	947	42	,	,	PUNCT
ftr-490	947	43	the	the	DET
ftr-490	947	44	gershkowiitz	gershkowiitz	PROPN
ftr-490	947	45	court	court	NOUN
ftr-490	947	46	applied	apply	VERB
ftr-490	947	47	tufts	tuft	NOUN
ftr-490	947	48	and	and	CCONJ
ftr-490	947	49	ruled	rule	VERB
ftr-490	947	50	that	that	SCONJ
ftr-490	947	51	the	the	DET
ftr-490	947	52	entire	entire	ADJ
ftr-490	947	53	indebtedness	indebtedness	NOUN
ftr-490	947	54	,	,	PUNCT
ftr-490	947	55	including	include	VERB
ftr-490	947	56	that	that	DET
ftr-490	947	57	portion	portion	NOUN
ftr-490	947	58	in	in	ADP
ftr-490	947	59	excess	excess	NOUN
ftr-490	947	60	of	of	ADP
ftr-490	947	61	the	the	DET
ftr-490	947	62	fair	fair	ADJ
ftr-490	947	63	market	market	NOUN
ftr-490	947	64	value	value	NOUN
ftr-490	947	65	of	of	ADP
ftr-490	947	66	the	the	DET
ftr-490	947	67	collateral	collateral	NOUN
ftr-490	947	68	transferred	transfer	VERB
ftr-490	947	69	,	,	PUNCT
ftr-490	947	70	was	be	AUX
ftr-490	947	71	included	include	VERB
ftr-490	947	72	in	in	ADP
ftr-490	947	73	amount	amount	NOUN
ftr-490	947	74	realized	realize	VERB
ftr-490	947	75	in	in	ADP
ftr-490	947	76	the	the	DET
ftr-490	947	77	calculation	calculation	NOUN
ftr-490	947	78	of	of	ADP
ftr-490	947	79	gain	gain	NOUN
ftr-490	947	80	under	under	ADP
ftr-490	947	81	section	section	NOUN
ftr-490	947	82	1001	1001	NUM
ftr-490	947	83	.	.	PUNCT
ftr-490	948	1	no	no	DET
ftr-490	948	2	cod	cod	NOUN
ftr-490	948	3	income	income	NOUN
ftr-490	948	4	was	be	AUX
ftr-490	948	5	deemed	deem	VERB
ftr-490	948	6	realized	realize	VERB
ftr-490	948	7	,	,	PUNCT
ftr-490	948	8	so	so	CCONJ
ftr-490	948	9	the	the	DET
ftr-490	948	10	insolvency	insolvency	NOUN
ftr-490	948	11	exception	exception	NOUN
ftr-490	948	12	was	be	AUX
ftr-490	948	13	irrelevant	irrelevant	ADJ
ftr-490	948	14	.	.	PUNCT
ftr-490	948	15	'	'	PUNCT
ftr-490	949	1	the	the	DET
ftr-490	949	2	internal	internal	ADJ
ftr-490	949	3	revenue	revenue	NOUN
ftr-490	949	4	service	service	NOUN
ftr-490	949	5	certainly	certainly	ADV
ftr-490	949	6	has	have	AUX
ftr-490	949	7	read	read	VERB
ftr-490	949	8	gershkowitz	gershkowitz	NOUN
ftr-490	949	9	as	as	ADP
ftr-490	949	10	an	an	DET
ftr-490	949	11	abandonment	abandonment	NOUN
ftr-490	949	12	of	of	ADP
ftr-490	949	13	fulton	fulton	PROPN
ftr-490	949	14	gold	gold	NOUN
ftr-490	949	15	.	.	PUNCT
ftr-490	950	1	in	in	ADP
ftr-490	950	2	revenue	revenue	NOUN
ftr-490	950	3	ruling	rule	VERB
ftr-490	950	4	91	91	NUM
ftr-490	950	5	-	-	SYM
ftr-490	950	6	31,'2	31,'2	NUM
ftr-490	950	7	the	the	DET
ftr-490	950	8	internal	internal	ADJ
ftr-490	950	9	revenue	revenue	NOUN
ftr-490	950	10	service	service	NOUN
ftr-490	950	11	cited	cite	VERB
ftr-490	950	12	gershkowitz	gershkowitz	NOUN
ftr-490	950	13	in	in	ADP
ftr-490	950	14	ruling	rule	VERB
ftr-490	950	15	that	that	SCONJ
ftr-490	950	16	"	"	PUNCT
ftr-490	950	17	[	[	X
ftr-490	950	18	t]he	t]he	X
ftr-490	950	19	reduction	reduction	NOUN
ftr-490	950	20	of	of	ADP
ftr-490	950	21	the	the	DET
ftr-490	950	22	principal	principal	ADJ
ftr-490	950	23	amount	amount	NOUN
ftr-490	950	24	of	of	ADP
ftr-490	950	25	an	an	DET
ftr-490	950	26	undersecured	undersecured	ADJ
ftr-490	950	27	nonrecourse	nonrecourse	NOUN
ftr-490	950	28	debt	debt	NOUN
ftr-490	950	29	by	by	ADP
ftr-490	950	30	the	the	DET
ftr-490	950	31	holder	holder	NOUN
ftr-490	950	32	of	of	ADP
ftr-490	950	33	a	a	DET
ftr-490	950	34	debt	debt	NOUN
ftr-490	950	35	who	who	PRON
ftr-490	950	36	was	be	AUX
ftr-490	950	37	not	not	PART
ftr-490	950	38	the	the	DET
ftr-490	950	39	seller	seller	NOUN
ftr-490	950	40	of	of	ADP
ftr-490	950	41	the	the	DET
ftr-490	950	42	property	property	NOUN
ftr-490	950	43	securing	secure	VERB
ftr-490	950	44	the	the	DET
ftr-490	950	45	debt	debt	NOUN
ftr-490	950	46	results	result	NOUN
ftr-490	950	47	in	in	ADP
ftr-490	950	48	the	the	DET
ftr-490	950	49	realization	realization	NOUN
ftr-490	950	50	of	of	ADP
ftr-490	950	51	discharge	discharge	NOUN
ftr-490	950	52	of	of	ADP
ftr-490	950	53	indebtedness	indebtedness	NOUN
ftr-490	950	54	income	income	NOUN
ftr-490	950	55	....	....	PUNCT
ftr-490	950	56	"	"	PUNCT
ftr-490	950	57	'	'	PUNCT
ftr-490	950	58	the	the	DET
ftr-490	950	59	facts	fact	NOUN
ftr-490	950	60	of	of	ADP
ftr-490	950	61	the	the	DET
ftr-490	950	62	ruling	ruling	NOUN
ftr-490	950	63	concerned	concern	VERB
ftr-490	950	64	a	a	DET
ftr-490	950	65	debtor	debtor	NOUN
ftr-490	950	66	who	who	PRON
ftr-490	950	67	borrowed	borrow	VERB
ftr-490	950	68	$	$	SYM
ftr-490	950	69	1,000,000	1,000,000	NUM
ftr-490	950	70	from	from	ADP
ftr-490	950	71	a	a	DET
ftr-490	950	72	creditor	creditor	NOUN
ftr-490	950	73	on	on	ADP
ftr-490	950	74	a	a	DET
ftr-490	950	75	nonrecourse	nonrecourse	ADJ
ftr-490	950	76	basis	basis	NOUN
ftr-490	950	77	in	in	ADP
ftr-490	950	78	1988	1988	NUM
ftr-490	950	79	in	in	ADP
ftr-490	950	80	order	order	NOUN
ftr-490	950	81	to	to	PART
ftr-490	950	82	purchase	purchase	VERB
ftr-490	950	83	an	an	DET
ftr-490	950	84	office	office	NOUN
ftr-490	950	85	building	building	NOUN
ftr-490	950	86	from	from	ADP
ftr-490	950	87	a	a	DET
ftr-490	950	88	seller	seller	NOUN
ftr-490	950	89	for	for	ADP
ftr-490	950	90	$	$	SYM
ftr-490	950	91	1,000,000	1,000,000	NUM
ftr-490	950	92	.	.	PUNCT
ftr-490	951	1	the	the	DET
ftr-490	951	2	debt	debt	NOUN
ftr-490	951	3	was	be	AUX
ftr-490	951	4	secured	secure	VERB
ftr-490	951	5	by	by	ADP
ftr-490	951	6	the	the	DET
ftr-490	951	7	office	office	NOUN
ftr-490	951	8	building	building	NOUN
ftr-490	951	9	,	,	PUNCT
ftr-490	951	10	and	and	CCONJ
ftr-490	951	11	the	the	DET
ftr-490	951	12	creditor	creditor	NOUN
ftr-490	951	13	was	be	AUX
ftr-490	951	14	not	not	PART
ftr-490	951	15	the	the	DET
ftr-490	951	16	seller	seller	NOUN
ftr-490	951	17	of	of	ADP
ftr-490	951	18	the	the	DET
ftr-490	951	19	building	building	NOUN
ftr-490	951	20	.	.	PUNCT
ftr-490	952	1	"u	"u	VERB
ftr-490	952	2	when	when	SCONJ
ftr-490	952	3	the	the	DET
ftr-490	952	4	value	value	NOUN
ftr-490	952	5	of	of	ADP
ftr-490	952	6	the	the	DET
ftr-490	952	7	disposition	disposition	NOUN
ftr-490	952	8	of	of	ADP
ftr-490	952	9	the	the	DET
ftr-490	952	10	collateral	collateral	NOUN
ftr-490	952	11	are	be	AUX
ftr-490	952	12	obvious	obvious	ADJ
ftr-490	952	13	:	:	PUNCT
ftr-490	952	14	both	both	PRON
ftr-490	952	15	gain	gain	VERB
ftr-490	952	16	under	under	ADP
ftr-490	952	17	section	section	NOUN
ftr-490	952	18	1001	1001	NUM
ftr-490	952	19	and	and	CCONJ
ftr-490	952	20	substantial	substantial	ADJ
ftr-490	952	21	cod	cod	NOUN
ftr-490	952	22	income	income	NOUN
ftr-490	952	23	could	could	AUX
ftr-490	952	24	be	be	AUX
ftr-490	952	25	avoided	avoid	VERB
ftr-490	952	26	on	on	ADP
ftr-490	952	27	the	the	DET
ftr-490	952	28	debt	debt	NOUN
ftr-490	952	29	discharge	discharge	NOUN
ftr-490	952	30	.	.	PUNCT
ftr-490	953	1	the	the	DET
ftr-490	953	2	tax	tax	NOUN
ftr-490	953	3	court	court	NOUN
ftr-490	953	4	,	,	PUNCT
ftr-490	953	5	however	however	ADV
ftr-490	953	6	,	,	PUNCT
ftr-490	953	7	was	be	AUX
ftr-490	953	8	not	not	PART
ftr-490	953	9	very	very	ADV
ftr-490	953	10	clear	clear	ADJ
ftr-490	953	11	regarding	regard	VERB
ftr-490	953	12	precisely	precisely	ADV
ftr-490	953	13	how	how	SCONJ
ftr-490	953	14	it	it	PRON
ftr-490	953	15	reached	reach	VERB
ftr-490	953	16	its	its	PRON
ftr-490	953	17	result	result	NOUN
ftr-490	953	18	analytically	analytically	ADV
ftr-490	953	19	.	.	PUNCT
ftr-490	954	1	the	the	DET
ftr-490	954	2	tax	tax	NOUN
ftr-490	954	3	court	court	NOUN
ftr-490	954	4	should	should	AUX
ftr-490	954	5	have	have	AUX
ftr-490	954	6	simply	simply	ADV
ftr-490	954	7	rejected	reject	VERB
ftr-490	954	8	outright	outright	ADV
ftr-490	954	9	the	the	DET
ftr-490	954	10	rule	rule	NOUN
ftr-490	954	11	attributed	attribute	VERB
ftr-490	954	12	to	to	ADP
ftr-490	954	13	fulton	fulton	PROPN
ftr-490	954	14	gold	gold	PROPN
ftr-490	954	15	as	as	ADP
ftr-490	954	16	inconsistent	inconsistent	ADJ
ftr-490	954	17	with	with	ADP
ftr-490	954	18	the	the	DET
ftr-490	954	19	development	development	NOUN
ftr-490	954	20	of	of	ADP
ftr-490	954	21	theory	theory	NOUN
ftr-490	954	22	since	since	SCONJ
ftr-490	954	23	tufts	tuft	NOUN
ftr-490	954	24	(	(	PUNCT
ftr-490	954	25	even	even	ADV
ftr-490	954	26	if	if	SCONJ
ftr-490	954	27	fulton	fulton	PROPN
ftr-490	954	28	gold	gold	NOUN
ftr-490	954	29	could	could	AUX
ftr-490	954	30	be	be	AUX
ftr-490	954	31	considered	consider	VERB
ftr-490	954	32	correct	correct	ADJ
ftr-490	954	33	when	when	SCONJ
ftr-490	954	34	decided	decide	VERB
ftr-490	954	35	)	)	PUNCT
ftr-490	954	36	,	,	PUNCT
ftr-490	954	37	then	then	ADV
ftr-490	954	38	rejected	reject	VERB
ftr-490	954	39	the	the	DET
ftr-490	954	40	freeing	free	VERB
ftr-490	954	41	-	-	PUNCT
ftr-490	954	42	up	up	ADP
ftr-490	954	43	-	-	PUNCT
ftr-490	954	44	of	of	ADP
ftr-490	954	45	-	-	PUNCT
ftr-490	954	46	assets	asset	NOUN
ftr-490	954	47	rationale	rationale	NOUN
ftr-490	954	48	as	as	ADP
ftr-490	954	49	an	an	DET
ftr-490	954	50	historical	historical	ADJ
ftr-490	954	51	footnote	footnote	NOUN
ftr-490	954	52	in	in	ADP
ftr-490	954	53	view	view	NOUN
ftr-490	954	54	of	of	ADP
ftr-490	954	55	the	the	DET
ftr-490	954	56	symmetry	symmetry	NOUN
ftr-490	954	57	rationale	rationale	NOUN
ftr-490	954	58	now	now	ADV
ftr-490	954	59	accepted	accept	VERB
ftr-490	954	60	as	as	ADP
ftr-490	954	61	the	the	DET
ftr-490	954	62	premise	premise	NOUN
ftr-490	954	63	underlying	underlie	VERB
ftr-490	954	64	the	the	DET
ftr-490	954	65	realization	realization	NOUN
ftr-490	954	66	of	of	ADP
ftr-490	954	67	cod	cod	NOUN
ftr-490	954	68	income	income	NOUN
ftr-490	954	69	,	,	PUNCT
ftr-490	954	70	and	and	CCONJ
ftr-490	954	71	finally	finally	ADV
ftr-490	954	72	held	hold	VERB
ftr-490	954	73	that	that	SCONJ
ftr-490	954	74	under	under	ADP
ftr-490	954	75	that	that	DET
ftr-490	954	76	symmetry	symmetry	NOUN
ftr-490	954	77	rationale	rationale	NOUN
ftr-490	954	78	the	the	DET
ftr-490	954	79	taxpayer	taxpayer	NOUN
ftr-490	954	80	realized	realize	VERB
ftr-490	954	81	cod	cod	NOUN
ftr-490	954	82	income	income	NOUN
ftr-490	954	83	to	to	ADP
ftr-490	954	84	the	the	DET
ftr-490	954	85	extent	extent	NOUN
ftr-490	954	86	of	of	ADP
ftr-490	954	87	the	the	DET
ftr-490	954	88	cancelled	cancel	VERB
ftr-490	954	89	debt	debt	NOUN
ftr-490	954	90	.	.	PUNCT
ftr-490	955	1	131	131	X
ftr-490	955	2	.	.	PUNCT
ftr-490	956	1	see	see	VERB
ftr-490	956	2	gershkowitz	gershkowitz	NOUN
ftr-490	956	3	,	,	PUNCT
ftr-490	956	4	88	88	NUM
ftr-490	956	5	t.c	t.c	PROPN
ftr-490	956	6	.	.	PUNCT
ftr-490	957	1	at	at	ADP
ftr-490	957	2	1016	1016	NUM
ftr-490	957	3	;	;	PUNCT
ftr-490	957	4	see	see	VERB
ftr-490	957	5	infra	infra	NOUN
ftr-490	957	6	notes	note	VERB
ftr-490	957	7	141	141	NUM
ftr-490	957	8	-	-	SYM
ftr-490	957	9	52	52	NUM
ftr-490	957	10	(	(	PUNCT
ftr-490	957	11	discussing	discuss	VERB
ftr-490	957	12	inability	inability	NOUN
ftr-490	957	13	to	to	PART
ftr-490	957	14	defer	defer	VERB
ftr-490	957	15	under	under	ADP
ftr-490	957	16	section	section	NOUN
ftr-490	957	17	108(a	108(a	NUM
ftr-490	957	18	)	)	PUNCT
ftr-490	957	19	gain	gain	NOUN
ftr-490	957	20	realized	realize	VERB
ftr-490	957	21	under	under	ADP
ftr-490	957	22	section	section	NOUN
ftr-490	957	23	1001	1001	NUM
ftr-490	957	24	in	in	ADP
ftr-490	957	25	the	the	DET
ftr-490	957	26	tufts	tuft	NOUN
ftr-490	957	27	situation	situation	NOUN
ftr-490	957	28	,	,	PUNCT
ftr-490	957	29	even	even	ADV
ftr-490	957	30	though	though	SCONJ
ftr-490	957	31	the	the	DET
ftr-490	957	32	accession	accession	NOUN
ftr-490	957	33	to	to	ADP
ftr-490	957	34	wealth	wealth	NOUN
ftr-490	957	35	arises	arise	VERB
ftr-490	957	36	because	because	SCONJ
ftr-490	957	37	of	of	ADP
ftr-490	957	38	the	the	DET
ftr-490	957	39	failure	failure	NOUN
ftr-490	957	40	to	to	PART
ftr-490	957	41	repay	repay	VERB
ftr-490	957	42	debt	debt	NOUN
ftr-490	957	43	)	)	PUNCT
ftr-490	957	44	.	.	PUNCT
ftr-490	958	1	132	132	NUM
ftr-490	958	2	.	.	X
ftr-490	958	3	1991	1991	NUM
ftr-490	958	4	-	-	SYM
ftr-490	958	5	1	1	NUM
ftr-490	958	6	c.b	c.b	PROPN
ftr-490	958	7	.	.	PROPN
ftr-490	958	8	19	19	NUM
ftr-490	958	9	.	.	X
ftr-490	958	10	133	133	NUM
ftr-490	958	11	.	.	PUNCT
ftr-490	959	1	i	i	PRON
ftr-490	959	2	d.	d.	PROPN
ftr-490	959	3	at	at	ADP
ftr-490	959	4	20	20	NUM
ftr-490	959	5	.	.	PUNCT
ftr-490	959	6	134	134	NUM
ftr-490	959	7	.	.	PUNCT
ftr-490	960	1	i	i	PRON
ftr-490	960	2	d.	d.	PROPN
ftr-490	960	3	at	at	ADP
ftr-490	960	4	19	19	NUM
ftr-490	960	5	.	.	PUNCT
ftr-490	961	1	if	if	SCONJ
ftr-490	961	2	the	the	DET
ftr-490	961	3	debt	debt	NOUN
ftr-490	961	4	had	have	AUX
ftr-490	961	5	been	be	AUX
ftr-490	961	6	a	a	DET
ftr-490	961	7	purchase	purchase	NOUN
ftr-490	961	8	-	-	PUNCT
ftr-490	961	9	money	money	NOUN
ftr-490	961	10	mortgage	mortgage	NOUN
ftr-490	961	11	,	,	PUNCT
ftr-490	961	12	forgiveness	forgiveness	NOUN
ftr-490	961	13	of	of	ADP
ftr-490	961	14	the	the	DET
ftr-490	961	15	debt	debt	NOUN
ftr-490	961	16	would	would	AUX
ftr-490	961	17	have	have	AUX
ftr-490	961	18	been	be	AUX
ftr-490	961	19	treated	treat	VERB
ftr-490	961	20	for	for	ADP
ftr-490	961	21	tax	tax	NOUN
ftr-490	961	22	purposes	purpose	NOUN
ftr-490	961	23	as	as	ADP
ftr-490	961	24	a	a	DET
ftr-490	961	25	renegotiation	renegotiation	NOUN
ftr-490	961	26	of	of	ADP
ftr-490	961	27	the	the	DET
ftr-490	961	28	purchase	purchase	NOUN
ftr-490	961	29	price	price	NOUN
ftr-490	961	30	under	under	ADP
ftr-490	961	31	section	section	NOUN
ftr-490	961	32	108(e)(5	108(e)(5	NUM
ftr-490	961	33	)	)	PUNCT
ftr-490	961	34	,	,	PUNCT
ftr-490	961	35	even	even	ADV
ftr-490	961	36	if	if	SCONJ
ftr-490	961	37	the	the	DET
ftr-490	961	38	surrounding	surround	VERB
ftr-490	961	39	facts	fact	NOUN
ftr-490	961	40	clearly	clearly	ADV
ftr-490	961	41	indicated	indicate	VERB
ftr-490	961	42	an	an	DET
ftr-490	961	43	intention	intention	NOUN
ftr-490	961	44	to	to	PART
ftr-490	961	45	forgive	forgive	VERB
ftr-490	961	46	debt	debt	NOUN
ftr-490	961	47	rather	rather	ADV
ftr-490	961	48	than	than	ADP
ftr-490	961	49	lower	lower	VERB
ftr-490	961	50	the	the	DET
ftr-490	961	51	purchase	purchase	NOUN
ftr-490	961	52	price	price	NOUN
ftr-490	961	53	.	.	PUNCT
ftr-490	962	1	the	the	DET
ftr-490	962	2	statutory	statutory	ADJ
ftr-490	962	3	rule	rule	NOUN
ftr-490	962	4	was	be	AUX
ftr-490	962	5	enacted	enact	VERB
ftr-490	962	6	in	in	ADP
ftr-490	962	7	order	order	NOUN
ftr-490	962	8	to	to	PART
ftr-490	962	9	eliminate	eliminate	VERB
ftr-490	962	10	such	such	ADJ
ftr-490	962	11	factual	factual	ADJ
ftr-490	962	12	inquiries	inquiry	NOUN
ftr-490	962	13	when	when	SCONJ
ftr-490	962	14	the	the	DET
ftr-490	962	15	creditor	creditor	NOUN
ftr-490	962	16	and	and	CCONJ
ftr-490	962	17	seller	seller	NOUN
ftr-490	962	18	are	be	AUX
ftr-490	962	19	the	the	DET
ftr-490	962	20	same	same	ADJ
ftr-490	962	21	person	person	NOUN
ftr-490	962	22	.	.	PUNCT
ftr-490	963	1	see	see	VERB
ftr-490	963	2	discussion	discussion	NOUN
ftr-490	963	3	supra	supra	PROPN
ftr-490	963	4	note	note	PROPN
ftr-490	963	5	8	8	NUM
ftr-490	963	6	.	.	PUNCT
ftr-490	964	1	no	no	DET
ftr-490	964	2	cod	cod	NOUN
ftr-490	964	3	income	income	NOUN
ftr-490	964	4	would	would	AUX
ftr-490	964	5	have	have	AUX
ftr-490	964	6	been	be	AUX
ftr-490	964	7	created	create	VERB
ftr-490	964	8	,	,	PUNCT
ftr-490	964	9	but	but	CCONJ
ftr-490	964	10	the	the	DET
ftr-490	964	11	cost	cost	NOUN
ftr-490	964	12	basis	basis	NOUN
ftr-490	964	13	of	of	ADP
ftr-490	964	14	the	the	DET
ftr-490	964	15	property	property	NOUN
ftr-490	964	16	under	under	ADP
ftr-490	964	17	section	section	NOUN
ftr-490	964	18	1012	1012	NUM
ftr-490	964	19	would	would	AUX
ftr-490	964	20	have	have	AUX
ftr-490	964	21	been	be	AUX
ftr-490	964	22	reduced	reduce	VERB
ftr-490	964	23	,	,	PUNCT
ftr-490	964	24	accordingly	accordingly	ADV
ftr-490	964	25	.	.	PUNCT
ftr-490	965	1	while	while	SCONJ
ftr-490	965	2	the	the	DET
ftr-490	965	3	approach	approach	NOUN
ftr-490	965	4	taken	take	VERB
ftr-490	965	5	by	by	ADP
ftr-490	965	6	the	the	DET
ftr-490	965	7	statutory	statutory	ADJ
ftr-490	965	8	purchase	purchase	NOUN
ftr-490	965	9	-	-	PUNCT
ftr-490	965	10	money	money	NOUN
ftr-490	965	11	-	-	PUNCT
ftr-490	965	12	mortgage	mortgage	NOUN
ftr-490	965	13	rule	rule	NOUN
ftr-490	965	14	is	be	AUX
ftr-490	965	15	similar	similar	ADJ
ftr-490	965	16	to	to	ADP
ftr-490	965	17	that	that	PRON
ftr-490	965	18	of	of	ADP
ftr-490	965	19	fulton	fulton	PROPN
ftr-490	965	20	gold	gold	PROPN
ftr-490	965	21	,	,	PUNCT
ftr-490	965	22	its	its	PRON
ftr-490	965	23	application	application	NOUN
ftr-490	965	24	is	be	AUX
ftr-490	965	25	both	both	CCONJ
ftr-490	965	26	narrower	narrow	ADJ
ftr-490	965	27	and	and	CCONJ
ftr-490	965	28	broader	broad	ADJ
ftr-490	965	29	.	.	PUNCT
ftr-490	966	1	it	it	PRON
ftr-490	966	2	is	be	AUX
ftr-490	966	3	narrower	narrow	ADJ
ftr-490	966	4	in	in	ADP
ftr-490	966	5	the	the	DET
ftr-490	966	6	sense	sense	NOUN
ftr-490	966	7	that	that	SCONJ
ftr-490	966	8	it	it	PRON
ftr-490	966	9	applies	apply	VERB
ftr-490	966	10	to	to	PART
ftr-490	966	11	reduce	reduce	VERB
ftr-490	966	12	basis	basis	NOUN
ftr-490	966	13	rather	rather	ADV
ftr-490	966	14	than	than	ADP
ftr-490	966	15	create	create	VERB
ftr-490	966	16	cod	cod	NOUN
ftr-490	966	17	income	income	NOUN
ftr-490	966	18	only	only	ADV
ftr-490	966	19	in	in	ADP
ftr-490	966	20	the	the	DET
ftr-490	966	21	case	case	NOUN
ftr-490	966	22	of	of	ADP
ftr-490	966	23	a	a	DET
ftr-490	966	24	purchasemoney	purchasemoney	NOUN
ftr-490	966	25	mortgage	mortgage	NOUN
ftr-490	966	26	.	.	PUNCT
ftr-490	967	1	see	see	VERB
ftr-490	967	2	irc	irc	PROPN
ftr-490	967	3	§	§	PROPN
ftr-490	967	4	108(e)(5	108(e)(5	PROPN
ftr-490	967	5	)	)	PUNCT
ftr-490	967	6	.	.	PUNCT
ftr-490	968	1	the	the	DET
ftr-490	968	2	forgiveness	forgiveness	NOUN
ftr-490	968	3	of	of	ADP
ftr-490	968	4	indebtedness	indebtedness	NOUN
ftr-490	968	5	by	by	ADP
ftr-490	968	6	a	a	DET
ftr-490	968	7	third	third	ADJ
ftr-490	968	8	-	-	PUNCT
ftr-490	968	9	party	party	NOUN
ftr-490	968	10	creditor	creditor	NOUN
ftr-490	968	11	who	who	PRON
ftr-490	968	12	is	be	AUX
ftr-490	968	13	not	not	PART
ftr-490	968	14	the	the	DET
ftr-490	968	15	seller	seller	NOUN
ftr-490	968	16	of	of	ADP
ftr-490	968	17	the	the	DET
ftr-490	968	18	property	property	NOUN
ftr-490	968	19	purchased	purchase	VERB
ftr-490	968	20	with	with	ADP
ftr-490	968	21	the	the	DET
ftr-490	968	22	debt	debt	NOUN
ftr-490	968	23	results	result	NOUN
ftr-490	968	24	in	in	ADP
ftr-490	968	25	the	the	DET
ftr-490	968	26	realization	realization	NOUN
ftr-490	968	27	of	of	ADP
ftr-490	968	28	cod	cod	NOUN
ftr-490	968	29	income	income	NOUN
ftr-490	968	30	,	,	PUNCT
ftr-490	968	31	the	the	DET
ftr-490	968	32	recognition	recognition	NOUN
ftr-490	968	33	of	of	ADP
ftr-490	968	34	which	which	PRON
ftr-490	968	35	can	can	AUX
ftr-490	968	36	be	be	AUX
ftr-490	968	37	deferred	defer	VERB
ftr-490	968	38	only	only	ADV
ftr-490	968	39	by	by	ADP
ftr-490	968	40	bankrupt	bankrupt	ADJ
ftr-490	968	41	or	or	CCONJ
ftr-490	968	42	insolvent	insolvent	ADJ
ftr-490	968	43	debtors	debtor	NOUN
ftr-490	968	44	and	and	CCONJ
ftr-490	968	45	certain	certain	ADJ
ftr-490	968	46	farmers	farmer	NOUN
ftr-490	968	47	under	under	ADP
ftr-490	968	48	section	section	NOUN
ftr-490	968	49	108(a	108(a	PROPN
ftr-490	968	50	)	)	PUNCT
ftr-490	968	51	.	.	PUNCT
ftr-490	969	1	the	the	DET
ftr-490	969	2	deferral	deferral	ADJ
ftr-490	969	3	mechanism	mechanism	NOUN
ftr-490	969	4	in	in	ADP
ftr-490	969	5	those	those	DET
ftr-490	969	6	instances	instance	NOUN
ftr-490	969	7	might	might	AUX
ftr-490	969	8	in	in	ADP
ftr-490	969	9	fact	fact	NOUN
ftr-490	969	10	be	be	AUX
ftr-490	969	11	the	the	DET
ftr-490	969	12	lowering	lowering	NOUN
ftr-490	969	13	of	of	ADP
ftr-490	969	14	basis	basis	NOUN
ftr-490	969	15	of	of	ADP
ftr-490	969	16	property	property	NOUN
ftr-490	969	17	owned	own	VERB
ftr-490	969	18	by	by	ADP
ftr-490	969	19	the	the	DET
ftr-490	969	20	taxpayer	taxpayer	NOUN
ftr-490	969	21	,	,	PUNCT
ftr-490	969	22	including	include	VERB
ftr-490	969	23	property	property	NOUN
ftr-490	969	24	purchased	purchase	VERB
ftr-490	969	25	with	with	ADP
ftr-490	969	26	the	the	DET
ftr-490	969	27	debt	debt	NOUN
ftr-490	969	28	proceeds	proceed	NOUN
ftr-490	969	29	.	.	PUNCT
ftr-490	970	1	see	see	VERB
ftr-490	970	2	i	i	PRON
ftr-490	970	3	d.	d.	PROPN
ftr-490	970	4	§	§	PROPN
ftr-490	970	5	§	§	PROPN
ftr-490	970	6	108(a	108(a	PROPN
ftr-490	970	7	)	)	PUNCT
ftr-490	970	8	,	,	PUNCT
ftr-490	970	9	(	(	PUNCT
ftr-490	970	10	b)(2)(d	b)(2)(d	NOUN
ftr-490	970	11	)	)	PUNCT
ftr-490	970	12	.	.	PUNCT
ftr-490	971	1	(	(	PUNCT
ftr-490	971	2	b)15	b)15	PROPN
ftr-490	971	3	)	)	PUNCT
ftr-490	971	4	,	,	PUNCT
ftr-490	971	5	1017	1017	NUM
ftr-490	971	6	:	:	PUNCT
ftr-490	971	7	regs	reg	NOUN
ftr-490	971	8	.	.	PUNCT
ftr-490	972	1	§	§	PROPN
ftr-490	972	2	1.101719921	1.101719921	NUM
ftr-490	972	3	florida	florida	PROPN
ftr-490	972	4	tax	tax	NOUN
ftr-490	972	5	review	review	NOUN
ftr-490	972	6	building	building	NOUN
ftr-490	972	7	fell	fall	VERB
ftr-490	972	8	to	to	ADP
ftr-490	972	9	$	$	SYM
ftr-490	972	10	800,000	800,000	NUM
ftr-490	972	11	in	in	ADP
ftr-490	972	12	1989	1989	NUM
ftr-490	972	13	,	,	PUNCT
ftr-490	972	14	the	the	DET
ftr-490	972	15	creditor	creditor	NOUN
ftr-490	972	16	agreed	agree	VERB
ftr-490	972	17	to	to	ADP
ftr-490	972	18	a	a	DET
ftr-490	972	19	modification	modification	NOUN
ftr-490	972	20	of	of	ADP
ftr-490	972	21	the	the	DET
ftr-490	972	22	debt	debt	NOUN
ftr-490	972	23	to	to	PART
ftr-490	972	24	reduce	reduce	VERB
ftr-490	972	25	the	the	DET
ftr-490	972	26	outstanding	outstanding	ADJ
ftr-490	972	27	principal	principal	ADJ
ftr-490	972	28	amount	amount	NOUN
ftr-490	972	29	from	from	ADP
ftr-490	972	30	$	$	SYM
ftr-490	972	31	1,000,000	1,000,000	NUM
ftr-490	972	32	to	to	PART
ftr-490	972	33	$	$	SYM
ftr-490	972	34	800,000.11	800,000.11	NUM
ftr-490	972	35	the	the	DET
ftr-490	972	36	ruling	ruling	NOUN
ftr-490	972	37	determined	determine	VERB
ftr-490	972	38	that	that	SCONJ
ftr-490	972	39	the	the	DET
ftr-490	972	40	debtor	debtor	NOUN
ftr-490	972	41	realized	realize	VERB
ftr-490	972	42	$	$	SYM
ftr-490	972	43	200,000	200,000	NUM
ftr-490	972	44	of	of	ADP
ftr-490	972	45	cod	cod	NOUN
ftr-490	972	46	income	income	NOUN
ftr-490	972	47	.	.	PUNCT
ftr-490	973	1	after	after	ADP
ftr-490	973	2	describing	describe	VERB
ftr-490	973	3	tufts	tuft	NOUN
ftr-490	973	4	,	,	PUNCT
ftr-490	973	5	gershkowitz	gershkowitz	NOUN
ftr-490	973	6	,	,	PUNCT
ftr-490	973	7	and	and	CCONJ
ftr-490	973	8	fulton	fulton	PROPN
ftr-490	973	9	gold	gold	PROPN
ftr-490	973	10	,	,	PUNCT
ftr-490	973	11	the	the	DET
ftr-490	973	12	ruling	ruling	NOUN
ftr-490	973	13	concludes	conclude	VERB
ftr-490	973	14	:	:	PUNCT
ftr-490	973	15	the	the	DET
ftr-490	973	16	tufts	tuft	NOUN
ftr-490	973	17	and	and	CCONJ
ftr-490	973	18	gershkowitz	gershkowitz	NOUN
ftr-490	973	19	decisions	decision	NOUN
ftr-490	973	20	implicitly	implicitly	ADV
ftr-490	973	21	reject	reject	VERB
ftr-490	973	22	any	any	DET
ftr-490	973	23	interpretation	interpretation	NOUN
ftr-490	973	24	of	of	ADP
ftr-490	973	25	fulton	fulton	PROPN
ftr-490	973	26	gold	gold	PROPN
ftr-490	973	27	that	that	SCONJ
ftr-490	973	28	a	a	DET
ftr-490	973	29	reduction	reduction	NOUN
ftr-490	973	30	in	in	ADP
ftr-490	973	31	the	the	DET
ftr-490	973	32	amount	amount	NOUN
ftr-490	973	33	of	of	ADP
ftr-490	973	34	a	a	DET
ftr-490	973	35	nonrecourse	nonrecourse	NOUN
ftr-490	973	36	liability	liability	NOUN
ftr-490	973	37	by	by	ADP
ftr-490	973	38	the	the	DET
ftr-490	973	39	holder	holder	NOUN
ftr-490	973	40	of	of	ADP
ftr-490	973	41	the	the	DET
ftr-490	973	42	debt	debt	NOUN
ftr-490	973	43	who	who	PRON
ftr-490	973	44	was	be	AUX
ftr-490	973	45	not	not	PART
ftr-490	973	46	the	the	DET
ftr-490	973	47	seller	seller	NOUN
ftr-490	973	48	of	of	ADP
ftr-490	973	49	the	the	DET
ftr-490	973	50	property	property	NOUN
ftr-490	973	51	securing	secure	VERB
ftr-490	973	52	the	the	DET
ftr-490	973	53	liability	liability	NOUN
ftr-490	973	54	results	result	NOUN
ftr-490	973	55	in	in	ADP
ftr-490	973	56	a	a	DET
ftr-490	973	57	reduction	reduction	NOUN
ftr-490	973	58	of	of	ADP
ftr-490	973	59	the	the	DET
ftr-490	973	60	basis	basis	NOUN
ftr-490	973	61	in	in	ADP
ftr-490	973	62	that	that	DET
ftr-490	973	63	property	property	NOUN
ftr-490	973	64	,	,	PUNCT
ftr-490	973	65	rather	rather	ADV
ftr-490	973	66	than	than	ADP
ftr-490	973	67	discharge	discharge	VERB
ftr-490	973	68	of	of	ADP
ftr-490	973	69	indebtedness	indebtedness	NOUN
ftr-490	973	70	income	income	NOUN
ftr-490	973	71	for	for	ADP
ftr-490	973	72	the	the	DET
ftr-490	973	73	year	year	NOUN
ftr-490	973	74	of	of	ADP
ftr-490	973	75	the	the	DET
ftr-490	973	76	reduction	reduction	NOUN
ftr-490	973	77	.	.	PUNCT
ftr-490	974	1	fulton	fulton	PROPN
ftr-490	974	2	gold	gold	PROPN
ftr-490	974	3	,	,	PUNCT
ftr-490	974	4	interpreted	interpret	VERB
ftr-490	974	5	in	in	ADP
ftr-490	974	6	this	this	DET
ftr-490	974	7	manner	manner	NOUN
ftr-490	974	8	,	,	PUNCT
ftr-490	974	9	is	be	AUX
ftr-490	974	10	inconsistent	inconsistent	ADJ
ftr-490	974	11	with	with	ADP
ftr-490	974	12	tufts	tuft	NOUN
ftr-490	974	13	and	and	CCONJ
ftr-490	974	14	gershkowitz	gershkowitz	NOUN
ftr-490	974	15	.	.	PUNCT
ftr-490	975	1	therefore	therefore	ADV
ftr-490	975	2	,	,	PUNCT
ftr-490	975	3	that	that	DET
ftr-490	975	4	interpretation	interpretation	NOUN
ftr-490	975	5	is	be	AUX
ftr-490	975	6	rejected	reject	VERB
ftr-490	975	7	and	and	CCONJ
ftr-490	975	8	will	will	AUX
ftr-490	975	9	not	not	PART
ftr-490	975	10	be	be	AUX
ftr-490	975	11	followed	follow	VERB
ftr-490	975	12	.	.	PUNCT
ftr-490	976	1	36	36	NUM
ftr-490	976	2	the	the	DET
ftr-490	976	3	internal	internal	ADJ
ftr-490	976	4	revenue	revenue	NOUN
ftr-490	976	5	service	service	NOUN
ftr-490	976	6	and	and	CCONJ
ftr-490	976	7	the	the	DET
ftr-490	976	8	courts	court	NOUN
ftr-490	976	9	have	have	AUX
ftr-490	976	10	thus	thus	ADV
ftr-490	976	11	laid	lay	VERB
ftr-490	976	12	to	to	PART
ftr-490	976	13	rest	rest	VERB
ftr-490	976	14	any	any	DET
ftr-490	976	15	putative	putative	ADJ
ftr-490	976	16	dichotomy	dichotomy	NOUN
ftr-490	976	17	between	between	ADP
ftr-490	976	18	the	the	DET
ftr-490	976	19	treatment	treatment	NOUN
ftr-490	976	20	of	of	ADP
ftr-490	976	21	discharged	discharge	VERB
ftr-490	976	22	recourse	recourse	NOUN
ftr-490	976	23	and	and	CCONJ
ftr-490	976	24	nonrecourse	nonrecourse	NOUN
ftr-490	976	25	debt	debt	NOUN
ftr-490	976	26	that	that	PRON
ftr-490	976	27	may	may	AUX
ftr-490	976	28	have	have	AUX
ftr-490	976	29	once	once	ADV
ftr-490	976	30	reigned	reign	VERB
ftr-490	976	31	,	,	PUNCT
ftr-490	976	32	at	at	ADP
ftr-490	976	33	least	least	ADJ
ftr-490	976	34	in	in	ADP
ftr-490	976	35	theory	theory	NOUN
ftr-490	976	36	,	,	PUNCT
ftr-490	976	37	when	when	SCONJ
ftr-490	976	38	the	the	DET
ftr-490	976	39	debt	debt	NOUN
ftr-490	976	40	discharge	discharge	NOUN
ftr-490	976	41	does	do	AUX
ftr-490	976	42	not	not	PART
ftr-490	976	43	arise	arise	VERB
ftr-490	976	44	by	by	ADP
ftr-490	976	45	reason	reason	NOUN
ftr-490	976	46	of	of	ADP
ftr-490	976	47	transfer	transfer	NOUN
ftr-490	976	48	of	of	ADP
ftr-490	976	49	the	the	DET
ftr-490	976	50	securing	securing	NOUN
ftr-490	976	51	property	property	NOUN
ftr-490	976	52	.	.	PUNCT
ftr-490	977	1	whether	whether	SCONJ
ftr-490	977	2	recourse	recourse	NOUN
ftr-490	977	3	or	or	CCONJ
ftr-490	977	4	nonrecourse	nonrecourse	NOUN
ftr-490	977	5	,	,	PUNCT
ftr-490	977	6	the	the	DET
ftr-490	977	7	discharged	discharge	VERB
ftr-490	977	8	debt	debt	NOUN
ftr-490	977	9	creates	create	VERB
ftr-490	977	10	cod	cod	NOUN
ftr-490	977	11	income	income	NOUN
ftr-490	977	12	.	.	PUNCT
ftr-490	978	1	the	the	DET
ftr-490	978	2	conceptual	conceptual	ADJ
ftr-490	978	3	approach	approach	NOUN
ftr-490	978	4	evident	evident	ADJ
ftr-490	978	5	in	in	ADP
ftr-490	978	6	the	the	DET
ftr-490	978	7	rejection	rejection	NOUN
ftr-490	978	8	of	of	ADP
ftr-490	978	9	fulton	fulton	PROPN
ftr-490	978	10	gold	gold	PROPN
ftr-490	978	11	is	be	AUX
ftr-490	978	12	the	the	DET
ftr-490	978	13	view	view	NOUN
ftr-490	978	14	that	that	SCONJ
ftr-490	978	15	the	the	DET
ftr-490	978	16	tax	tax	NOUN
ftr-490	978	17	consequences	consequence	NOUN
ftr-490	978	18	of	of	ADP
ftr-490	978	19	the	the	DET
ftr-490	978	20	debt	debt	NOUN
ftr-490	978	21	,	,	PUNCT
ftr-490	978	22	whether	whether	SCONJ
ftr-490	978	23	recourse	recourse	NOUN
ftr-490	978	24	or	or	CCONJ
ftr-490	978	25	nonrecourse	nonrecourse	NOUN
ftr-490	978	26	,	,	PUNCT
ftr-490	978	27	should	should	AUX
ftr-490	978	28	be	be	AUX
ftr-490	978	29	considered	consider	VERB
ftr-490	978	30	separately	separately	ADV
ftr-490	978	31	from	from	ADP
ftr-490	978	32	the	the	DET
ftr-490	978	33	tax	tax	NOUN
ftr-490	978	34	consequences	consequence	NOUN
ftr-490	978	35	of	of	ADP
ftr-490	978	36	the	the	DET
ftr-490	978	37	ownership	ownership	NOUN
ftr-490	978	38	of	of	ADP
ftr-490	978	39	the	the	DET
ftr-490	978	40	securing	securing	NOUN
ftr-490	978	41	property	property	NOUN
ftr-490	978	42	.	.	PUNCT
ftr-490	979	1	the	the	DET
ftr-490	979	2	rule	rule	NOUN
ftr-490	979	3	attributed	attribute	VERB
ftr-490	979	4	to	to	ADP
ftr-490	979	5	fulton	fulton	PROPN
ftr-490	979	6	gold	gold	NOUN
ftr-490	979	7	,	,	PUNCT
ftr-490	979	8	under	under	ADP
ftr-490	979	9	which	which	DET
ftr-490	979	10	discharge	discharge	NOUN
ftr-490	979	11	of	of	ADP
ftr-490	979	12	nonrecourse	nonrecourse	NOUN
ftr-490	979	13	debt	debt	NOUN
ftr-490	979	14	resulted	result	VERB
ftr-490	979	15	in	in	ADP
ftr-490	979	16	a	a	DET
ftr-490	979	17	reduction	reduction	NOUN
ftr-490	979	18	of	of	ADP
ftr-490	979	19	the	the	DET
ftr-490	979	20	securing	securing	NOUN
ftr-490	979	21	property	property	NOUN
ftr-490	979	22	's	's	PART
ftr-490	979	23	basis	basis	NOUN
ftr-490	979	24	,	,	PUNCT
ftr-490	979	25	did	do	AUX
ftr-490	979	26	not	not	PART
ftr-490	979	27	view	view	VERB
ftr-490	979	28	nonrecourse	nonrecourse	NOUN
ftr-490	979	29	debt	debt	NOUN
ftr-490	979	30	as	as	ADP
ftr-490	979	31	a	a	DET
ftr-490	979	32	tax	tax	NOUN
ftr-490	979	33	incident	incident	NOUN
ftr-490	979	34	separate	separate	ADJ
ftr-490	979	35	from	from	ADP
ftr-490	979	36	the	the	DET
ftr-490	979	37	taxpayer	taxpayer	NOUN
ftr-490	979	38	's	's	PART
ftr-490	979	39	ownership	ownership	NOUN
ftr-490	979	40	interest	interest	NOUN
ftr-490	979	41	in	in	ADP
ftr-490	979	42	the	the	DET
ftr-490	979	43	securing	securing	NOUN
ftr-490	979	44	property	property	NOUN
ftr-490	979	45	.	.	PUNCT
ftr-490	980	1	the	the	DET
ftr-490	980	2	nonrecourse	nonrecourse	NOUN
ftr-490	980	3	debt	debt	NOUN
ftr-490	980	4	was	be	AUX
ftr-490	980	5	considered	consider	VERB
ftr-490	980	6	so	so	ADV
ftr-490	980	7	intimately	intimately	ADV
ftr-490	980	8	bound	bind	VERB
ftr-490	980	9	with	with	ADP
ftr-490	980	10	the	the	DET
ftr-490	980	11	ownership	ownership	NOUN
ftr-490	980	12	interest	interest	NOUN
ftr-490	980	13	in	in	ADP
ftr-490	980	14	the	the	DET
ftr-490	980	15	securing	securing	NOUN
ftr-490	980	16	property	property	NOUN
ftr-490	980	17	that	that	PRON
ftr-490	980	18	a	a	DET
ftr-490	980	19	cancellation	cancellation	NOUN
ftr-490	980	20	of	of	ADP
ftr-490	980	21	all	all	PRON
ftr-490	980	22	or	or	CCONJ
ftr-490	980	23	part	part	NOUN
ftr-490	980	24	of	of	ADP
ftr-490	980	25	the	the	DET
ftr-490	980	26	debt	debt	NOUN
ftr-490	980	27	simply	simply	ADV
ftr-490	980	28	reduced	reduce	VERB
ftr-490	980	29	the	the	DET
ftr-490	980	30	property	property	NOUN
ftr-490	980	31	's	's	PART
ftr-490	980	32	basis	basis	NOUN
ftr-490	980	33	.	.	PUNCT
ftr-490	981	1	(	(	PUNCT
ftr-490	981	2	it	it	PRON
ftr-490	981	3	is	be	AUX
ftr-490	981	4	ironic	ironic	ADJ
ftr-490	981	5	that	that	SCONJ
ftr-490	981	6	both	both	CCONJ
ftr-490	981	7	the	the	DET
ftr-490	981	8	service	service	NOUN
ftr-490	981	9	and	and	CCONJ
ftr-490	981	10	the	the	DET
ftr-490	981	11	tax	tax	NOUN
ftr-490	981	12	court	court	NOUN
ftr-490	981	13	cited	cite	VERB
ftr-490	981	14	tufts	tuft	NOUN
ftr-490	981	15	,	,	PUNCT
ftr-490	981	16	the	the	DET
ftr-490	981	17	case	case	NOUN
ftr-490	981	18	which	which	PRON
ftr-490	981	19	cemented	cement	VERB
ftr-490	981	20	the	the	DET
ftr-490	981	21	dichotomous	dichotomous	ADJ
ftr-490	981	22	approaches	approach	NOUN
ftr-490	981	23	to	to	PART
ftr-490	981	24	recourse	recourse	VERB
ftr-490	981	25	and	and	CCONJ
ftr-490	981	26	nonrecourse	nonrecourse	NOUN
ftr-490	981	27	debt	debt	NOUN
ftr-490	981	28	contained	contain	VERB
ftr-490	981	29	in	in	ADP
ftr-490	981	30	the	the	DET
ftr-490	981	31	regulations	regulation	NOUN
ftr-490	981	32	on	on	ADP
ftr-490	981	33	the	the	DET
ftr-490	981	34	transfer	transfer	NOUN
ftr-490	981	35	of	of	ADP
ftr-490	981	36	property	property	NOUN
ftr-490	981	37	resulting	result	VERB
ftr-490	981	38	in	in	ADP
ftr-490	981	39	the	the	DET
ftr-490	981	40	cancellation	cancellation	NOUN
ftr-490	981	41	of	of	ADP
ftr-490	981	42	debt	debt	NOUN
ftr-490	981	43	,	,	PUNCT
ftr-490	981	44	as	as	ADP
ftr-490	981	45	requiring	require	VERB
ftr-490	981	46	an	an	DET
ftr-490	981	47	abandonment	abandonment	NOUN
ftr-490	981	48	l(a)(1	l(a)(1	PROPN
ftr-490	981	49	)	)	PUNCT
ftr-490	981	50	.	.	PUNCT
ftr-490	982	1	it	it	PRON
ftr-490	982	2	is	be	AUX
ftr-490	982	3	broader	broad	ADJ
ftr-490	982	4	in	in	ADP
ftr-490	982	5	the	the	DET
ftr-490	982	6	sense	sense	NOUN
ftr-490	982	7	that	that	SCONJ
ftr-490	982	8	it	it	PRON
ftr-490	982	9	applies	apply	VERB
ftr-490	982	10	to	to	ADP
ftr-490	982	11	both	both	PRON
ftr-490	982	12	recourse	recourse	VERB
ftr-490	982	13	and	and	CCONJ
ftr-490	982	14	nonrecourse	nonrecourse	NOUN
ftr-490	982	15	debt	debt	NOUN
ftr-490	982	16	whereas	whereas	SCONJ
ftr-490	982	17	fulton	fulton	PROPN
ftr-490	982	18	gold	gold	PROPN
ftr-490	982	19	applied	apply	VERB
ftr-490	982	20	only	only	ADV
ftr-490	982	21	in	in	ADP
ftr-490	982	22	the	the	DET
ftr-490	982	23	case	case	NOUN
ftr-490	982	24	of	of	ADP
ftr-490	982	25	nonrecourse	nonrecourse	NOUN
ftr-490	982	26	debt	debt	NOUN
ftr-490	982	27	.	.	PUNCT
ftr-490	983	1	cf	cf	X
ftr-490	983	2	.	.	PUNCT
ftr-490	984	1	rev	rev	PROPN
ftr-490	984	2	.	.	PUNCT
ftr-490	985	1	rul	rul	PROPN
ftr-490	985	2	.	.	PUNCT
ftr-490	986	1	92	92	NUM
ftr-490	986	2	-	-	SYM
ftr-490	986	3	99	99	NUM
ftr-490	986	4	,	,	PUNCT
ftr-490	986	5	1992	1992	NUM
ftr-490	986	6	-	-	SYM
ftr-490	986	7	46	46	NUM
ftr-490	986	8	i.r.b	i.r.b	NOUN
ftr-490	986	9	.	.	PUNCT
ftr-490	986	10	5	5	NUM
ftr-490	986	11	(	(	PUNCT
ftr-490	986	12	reduction	reduction	NOUN
ftr-490	986	13	of	of	ADP
ftr-490	986	14	nonrecourse	nonrecourse	NOUN
ftr-490	986	15	purchase	purchase	NOUN
ftr-490	986	16	debt	debt	NOUN
ftr-490	986	17	held	hold	VERB
ftr-490	986	18	by	by	ADP
ftr-490	986	19	third	third	ADJ
ftr-490	986	20	-	-	PUNCT
ftr-490	986	21	party	party	NOUN
ftr-490	986	22	lender	lender	NOUN
ftr-490	986	23	results	result	VERB
ftr-490	986	24	in	in	ADP
ftr-490	986	25	cod	cod	NOUN
ftr-490	986	26	income	income	NOUN
ftr-490	986	27	,	,	PUNCT
ftr-490	986	28	not	not	PART
ftr-490	986	29	a	a	DET
ftr-490	986	30	basis	basis	NOUN
ftr-490	986	31	reduction	reduction	NOUN
ftr-490	986	32	under	under	ADP
ftr-490	986	33	section	section	NOUN
ftr-490	986	34	108(e)(5	108(e)(5	NUM
ftr-490	986	35	)	)	PUNCT
ftr-490	986	36	,	,	PUNCT
ftr-490	986	37	because	because	SCONJ
ftr-490	986	38	the	the	DET
ftr-490	986	39	debt	debt	NOUN
ftr-490	986	40	was	be	AUX
ftr-490	986	41	not	not	PART
ftr-490	986	42	of	of	ADP
ftr-490	986	43	the	the	DET
ftr-490	986	44	purchaser	purchaser	NOUN
ftr-490	986	45	"	"	PUNCT
ftr-490	986	46	to	to	ADP
ftr-490	986	47	the	the	DET
ftr-490	986	48	seller	seller	NOUN
ftr-490	986	49	"	"	PUNCT
ftr-490	986	50	)	)	PUNCT
ftr-490	986	51	.	.	PUNCT
ftr-490	987	1	135	135	NUM
ftr-490	987	2	.	.	PUNCT
ftr-490	988	1	rev	rev	PROPN
ftr-490	988	2	.	.	PUNCT
ftr-490	989	1	rul	rul	PROPN
ftr-490	989	2	.	.	PUNCT
ftr-490	990	1	91	91	NUM
ftr-490	990	2	-	-	SYM
ftr-490	990	3	31	31	NUM
ftr-490	990	4	,	,	PUNCT
ftr-490	990	5	1991	1991	NUM
ftr-490	990	6	-	-	SYM
ftr-490	990	7	1	1	NUM
ftr-490	990	8	c.b	c.b	PROPN
ftr-490	990	9	.	.	PROPN
ftr-490	991	1	at	at	ADP
ftr-490	991	2	19	19	NUM
ftr-490	991	3	.	.	NOUN
ftr-490	991	4	136	136	NUM
ftr-490	991	5	.	.	PUNCT
ftr-490	992	1	i	i	PRON
ftr-490	992	2	d.	d.	PROPN
ftr-490	992	3	at	at	ADP
ftr-490	992	4	20	20	NUM
ftr-490	992	5	.	.	PUNCT
ftr-490	993	1	[	[	X
ftr-490	993	2	vol	vol	NOUN
ftr-490	993	3	1:3	1:3	NUM
ftr-490	993	4	tufts	tuft	NOUN
ftr-490	993	5	md	md	VERB
ftr-490	993	6	the	the	DET
ftr-490	993	7	evolution	evolution	NOUN
ftr-490	993	8	of	of	ADP
ftr-490	993	9	debt	debt	NOUN
ftr-490	993	10	-	-	PUNCT
ftr-490	993	11	discharge	discharge	NOUN
ftr-490	993	12	themy	themy	NOUN
ftr-490	993	13	of	of	ADP
ftr-490	993	14	such	such	ADJ
ftr-490	993	15	dichotomous	dichotomous	ADJ
ftr-490	993	16	approaches	approach	NOUN
ftr-490	993	17	when	when	SCONJ
ftr-490	993	18	the	the	DET
ftr-490	993	19	securing	securing	NOUN
ftr-490	993	20	property	property	NOUN
ftr-490	993	21	is	be	AUX
ftr-490	993	22	not	not	PART
ftr-490	993	23	transferred	transfer	VERB
ftr-490	993	24	.	.	PUNCT
ftr-490	994	1	tufts	tuft	NOUN
ftr-490	994	2	,	,	PUNCT
ftr-490	994	3	after	after	ADV
ftr-490	994	4	all	all	ADV
ftr-490	994	5	,	,	PUNCT
ftr-490	994	6	is	be	AUX
ftr-490	994	7	the	the	DET
ftr-490	994	8	quintessential	quintessential	ADJ
ftr-490	994	9	case	case	NOUN
ftr-490	994	10	treating	treat	VERB
ftr-490	994	11	nonrecourse	nonrecourse	ADJ
ftr-490	994	12	debt	debt	NOUN
ftr-490	994	13	as	as	ADP
ftr-490	994	14	part	part	NOUN
ftr-490	994	15	and	and	CCONJ
ftr-490	994	16	parcel	parcel	NOUN
ftr-490	994	17	of	of	ADP
ftr-490	994	18	ownership	ownership	NOUN
ftr-490	994	19	of	of	ADP
ftr-490	994	20	the	the	DET
ftr-490	994	21	property	property	NOUN
ftr-490	994	22	rather	rather	ADV
ftr-490	994	23	than	than	ADP
ftr-490	994	24	as	as	ADP
ftr-490	994	25	an	an	DET
ftr-490	994	26	independent	independent	ADJ
ftr-490	994	27	tax	tax	NOUN
ftr-490	994	28	attribute	attribute	NOUN
ftr-490	994	29	.	.	PUNCT
ftr-490	994	30	)	)	PUNCT
ftr-490	995	1	in	in	ADP
ftr-490	995	2	short	short	ADJ
ftr-490	995	3	,	,	PUNCT
ftr-490	995	4	discharged	discharge	VERB
ftr-490	995	5	nonrecourse	nonrecourse	NOUN
ftr-490	995	6	debt	debt	NOUN
ftr-490	995	7	is	be	AUX
ftr-490	995	8	now	now	ADV
ftr-490	995	9	analyzed	analyze	VERB
ftr-490	995	10	separately	separately	ADV
ftr-490	995	11	from	from	ADP
ftr-490	995	12	the	the	DET
ftr-490	995	13	ownership	ownership	NOUN
ftr-490	995	14	of	of	ADP
ftr-490	995	15	the	the	DET
ftr-490	995	16	underlying	underlie	VERB
ftr-490	995	17	property	property	NOUN
ftr-490	995	18	securing	secure	VERB
ftr-490	995	19	the	the	DET
ftr-490	995	20	debt	debt	NOUN
ftr-490	995	21	when	when	SCONJ
ftr-490	995	22	the	the	DET
ftr-490	995	23	securing	securing	NOUN
ftr-490	995	24	property	property	NOUN
ftr-490	995	25	is	be	AUX
ftr-490	995	26	retained	retain	VERB
ftr-490	995	27	.	.	PUNCT
ftr-490	996	1	137	137	NUM
ftr-490	996	2	this	this	DET
ftr-490	996	3	evolution	evolution	NOUN
ftr-490	996	4	in	in	ADP
ftr-490	996	5	thinking	thinking	NOUN
ftr-490	996	6	is	be	AUX
ftr-490	996	7	critical	critical	ADJ
ftr-490	996	8	to	to	ADP
ftr-490	996	9	considering	consider	VERB
ftr-490	996	10	the	the	DET
ftr-490	996	11	continued	continue	VERB
ftr-490	996	12	defensibility	defensibility	NOUN
ftr-490	996	13	of	of	ADP
ftr-490	996	14	using	use	VERB
ftr-490	996	15	different	different	ADJ
ftr-490	996	16	approaches	approach	NOUN
ftr-490	996	17	to	to	PART
ftr-490	996	18	recourse	recourse	VERB
ftr-490	996	19	debt	debt	NOUN
ftr-490	996	20	and	and	CCONJ
ftr-490	996	21	nonrecourse	nonrecourse	NOUN
ftr-490	996	22	debt	debt	NOUN
ftr-490	996	23	when	when	SCONJ
ftr-490	996	24	the	the	DET
ftr-490	996	25	debt	debt	NOUN
ftr-490	996	26	discharge	discharge	NOUN
ftr-490	996	27	occurs	occur	VERB
ftr-490	996	28	upon	upon	SCONJ
ftr-490	996	29	transfer	transfer	NOUN
ftr-490	996	30	of	of	ADP
ftr-490	996	31	the	the	DET
ftr-490	996	32	securing	securing	NOUN
ftr-490	996	33	property	property	NOUN
ftr-490	996	34	because	because	SCONJ
ftr-490	996	35	the	the	DET
ftr-490	996	36	debt	debt	NOUN
ftr-490	996	37	is	be	AUX
ftr-490	996	38	satisfied	satisfied	ADJ
ftr-490	996	39	with	with	ADP
ftr-490	996	40	property	property	NOUN
ftr-490	996	41	worth	worth	ADJ
ftr-490	996	42	less	less	ADJ
ftr-490	996	43	than	than	ADP
ftr-490	996	44	the	the	DET
ftr-490	996	45	debt	debt	NOUN
ftr-490	996	46	and	and	CCONJ
ftr-490	996	47	the	the	DET
ftr-490	996	48	lender	lender	NOUN
ftr-490	996	49	either	either	CCONJ
ftr-490	996	50	chooses	choose	VERB
ftr-490	996	51	not	not	PART
ftr-490	996	52	to	to	PART
ftr-490	996	53	collect	collect	VERB
ftr-490	996	54	or	or	CCONJ
ftr-490	996	55	is	be	AUX
ftr-490	996	56	precluded	preclude	VERB
ftr-490	996	57	from	from	ADP
ftr-490	996	58	collecting	collect	VERB
ftr-490	996	59	the	the	DET
ftr-490	996	60	deficiency	deficiency	NOUN
ftr-490	996	61	.	.	PUNCT
ftr-490	997	1	in	in	ADP
ftr-490	997	2	view	view	NOUN
ftr-490	997	3	of	of	ADP
ftr-490	997	4	the	the	DET
ftr-490	997	5	conforming	conform	VERB
ftr-490	997	6	conceptual	conceptual	ADJ
ftr-490	997	7	approach	approach	NOUN
ftr-490	997	8	regarding	regard	VERB
ftr-490	997	9	recourse	recourse	NOUN
ftr-490	997	10	and	and	CCONJ
ftr-490	997	11	nonrecourse	nonrecourse	NOUN
ftr-490	997	12	debt	debt	NOUN
ftr-490	997	13	in	in	ADP
ftr-490	997	14	the	the	DET
ftr-490	997	15	context	context	NOUN
ftr-490	997	16	in	in	ADP
ftr-490	997	17	which	which	PRON
ftr-490	997	18	the	the	DET
ftr-490	997	19	collateral	collateral	NOUN
ftr-490	997	20	is	be	AUX
ftr-490	997	21	retained	retain	VERB
ftr-490	997	22	,	,	PUNCT
ftr-490	997	23	the	the	DET
ftr-490	997	24	question	question	NOUN
ftr-490	997	25	regarding	regard	VERB
ftr-490	997	26	the	the	DET
ftr-490	997	27	disparate	disparate	ADJ
ftr-490	997	28	treatment	treatment	NOUN
ftr-490	997	29	when	when	SCONJ
ftr-490	997	30	the	the	DET
ftr-490	997	31	collateral	collateral	NOUN
ftr-490	997	32	is	be	AUX
ftr-490	997	33	transferred	transfer	VERB
ftr-490	997	34	becomes	become	VERB
ftr-490	997	35	all	all	DET
ftr-490	997	36	the	the	PRON
ftr-490	997	37	more	more	ADV
ftr-490	997	38	pointed	pointed	ADJ
ftr-490	997	39	.	.	PUNCT
ftr-490	998	1	the	the	DET
ftr-490	998	2	bifurcated	bifurcated	ADJ
ftr-490	998	3	approach	approach	NOUN
ftr-490	998	4	in	in	ADP
ftr-490	998	5	the	the	DET
ftr-490	998	6	transfer	transfer	NOUN
ftr-490	998	7	context	context	NOUN
ftr-490	998	8	analyzes	analyze	VERB
ftr-490	998	9	the	the	DET
ftr-490	998	10	debt	debt	NOUN
ftr-490	998	11	discharge	discharge	VERB
ftr-490	998	12	separately	separately	ADV
ftr-490	998	13	from	from	ADP
ftr-490	998	14	ownership	ownership	NOUN
ftr-490	998	15	of	of	ADP
ftr-490	998	16	the	the	DET
ftr-490	998	17	underlying	underlying	ADJ
ftr-490	998	18	property	property	NOUN
ftr-490	998	19	,	,	PUNCT
ftr-490	998	20	but	but	CCONJ
ftr-490	998	21	that	that	DET
ftr-490	998	22	approach	approach	NOUN
ftr-490	998	23	currently	currently	ADV
ftr-490	998	24	applies	apply	VERB
ftr-490	998	25	only	only	ADV
ftr-490	998	26	in	in	ADP
ftr-490	998	27	the	the	DET
ftr-490	998	28	case	case	NOUN
ftr-490	998	29	of	of	ADP
ftr-490	998	30	recourse	recourse	NOUN
ftr-490	998	31	debt	debt	NOUN
ftr-490	998	32	.	.	PUNCT
ftr-490	999	1	in	in	ADP
ftr-490	999	2	the	the	DET
ftr-490	999	3	case	case	NOUN
ftr-490	999	4	of	of	ADP
ftr-490	999	5	nonrecourse	nonrecourse	NOUN
ftr-490	999	6	debt	debt	NOUN
ftr-490	999	7	,	,	PUNCT
ftr-490	999	8	the	the	DET
ftr-490	999	9	approach	approach	NOUN
ftr-490	999	10	inherent	inherent	ADJ
ftr-490	999	11	in	in	ADP
ftr-490	999	12	revenue	revenue	NOUN
ftr-490	999	13	ruling	rule	VERB
ftr-490	999	14	91	91	NUM
ftr-490	999	15	-	-	SYM
ftr-490	999	16	31	31	NUM
ftr-490	999	17	-	-	PUNCT
ftr-490	999	18	i.e.	i.e.	X
ftr-490	999	19	,	,	PUNCT
ftr-490	999	20	similarly	similarly	ADV
ftr-490	999	21	treating	treat	VERB
ftr-490	999	22	the	the	DET
ftr-490	999	23	nonrecourse	nonrecourse	NOUN
ftr-490	999	24	debt	debt	NOUN
ftr-490	999	25	discharge	discharge	VERB
ftr-490	999	26	separately	separately	ADV
ftr-490	999	27	from	from	ADP
ftr-490	999	28	ownership	ownership	NOUN
ftr-490	999	29	of	of	ADP
ftr-490	999	30	the	the	DET
ftr-490	999	31	securing	securing	NOUN
ftr-490	999	32	property	property	NOUN
ftr-490	999	33	-	-	PUNCT
ftr-490	999	34	is	be	AUX
ftr-490	999	35	rejected	reject	VERB
ftr-490	999	36	when	when	SCONJ
ftr-490	999	37	the	the	DET
ftr-490	999	38	debt	debt	NOUN
ftr-490	999	39	discharge	discharge	NOUN
ftr-490	999	40	arises	arise	VERB
ftr-490	999	41	by	by	ADP
ftr-490	999	42	reason	reason	NOUN
ftr-490	999	43	of	of	ADP
ftr-490	999	44	transfer	transfer	NOUN
ftr-490	999	45	of	of	ADP
ftr-490	999	46	the	the	DET
ftr-490	999	47	property	property	NOUN
ftr-490	999	48	.	.	PUNCT
ftr-490	1000	1	thus	thus	ADV
ftr-490	1000	2	,	,	PUNCT
ftr-490	1000	3	in	in	ADP
ftr-490	1000	4	the	the	DET
ftr-490	1000	5	transfer	transfer	NOUN
ftr-490	1000	6	context	context	NOUN
ftr-490	1000	7	alone	alone	ADV
ftr-490	1000	8	does	do	AUX
ftr-490	1000	9	the	the	DET
ftr-490	1000	10	view	view	NOUN
ftr-490	1000	11	that	that	SCONJ
ftr-490	1000	12	nonrecourse	nonrecourse	NOUN
ftr-490	1000	13	debt	debt	NOUN
ftr-490	1000	14	and	and	CCONJ
ftr-490	1000	15	ownership	ownership	NOUN
ftr-490	1000	16	of	of	ADP
ftr-490	1000	17	the	the	DET
ftr-490	1000	18	securing	securing	NOUN
ftr-490	1000	19	property	property	NOUN
ftr-490	1000	20	are	be	AUX
ftr-490	1000	21	a	a	DET
ftr-490	1000	22	single	single	ADJ
ftr-490	1000	23	,	,	PUNCT
ftr-490	1000	24	inseparable	inseparable	ADJ
ftr-490	1000	25	construct	construct	NOUN
ftr-490	1000	26	(	(	PUNCT
ftr-490	1000	27	which	which	PRON
ftr-490	1000	28	requires	require	VERB
ftr-490	1000	29	the	the	DET
ftr-490	1000	30	collapsed	collapse	VERB
ftr-490	1000	31	approach	approach	NOUN
ftr-490	1000	32	under	under	ADP
ftr-490	1000	33	section	section	NOUN
ftr-490	1000	34	1001	1001	NUM
ftr-490	1000	35	)	)	PUNCT
ftr-490	1000	36	continue	continue	VERB
ftr-490	1000	37	to	to	PART
ftr-490	1000	38	hold	hold	VERB
ftr-490	1000	39	sway	sway	NOUN
ftr-490	1000	40	.	.	PUNCT
ftr-490	1001	1	the	the	DET
ftr-490	1001	2	only	only	ADJ
ftr-490	1001	3	distinguishing	distinguish	VERB
ftr-490	1001	4	feature	feature	NOUN
ftr-490	1001	5	between	between	ADP
ftr-490	1001	6	the	the	DET
ftr-490	1001	7	situation	situation	NOUN
ftr-490	1001	8	in	in	SCONJ
ftr-490	1001	9	which	which	DET
ftr-490	1001	10	relief	relief	NOUN
ftr-490	1001	11	from	from	ADP
ftr-490	1001	12	nonrecourse	nonrecourse	NOUN
ftr-490	1001	13	debt	debt	NOUN
ftr-490	1001	14	arises	arise	VERB
ftr-490	1001	15	without	without	ADP
ftr-490	1001	16	a	a	DET
ftr-490	1001	17	transfer	transfer	NOUN
ftr-490	1001	18	of	of	ADP
ftr-490	1001	19	the	the	DET
ftr-490	1001	20	securing	securing	NOUN
ftr-490	1001	21	property	property	NOUN
ftr-490	1001	22	and	and	CCONJ
ftr-490	1001	23	the	the	DET
ftr-490	1001	24	situation	situation	NOUN
ftr-490	1001	25	in	in	ADP
ftr-490	1001	26	which	which	DET
ftr-490	1001	27	relief	relief	NOUN
ftr-490	1001	28	from	from	ADP
ftr-490	1001	29	nonrecourse	nonrecourse	NOUN
ftr-490	1001	30	debt	debt	NOUN
ftr-490	1001	31	arises	arise	VERB
ftr-490	1001	32	by	by	ADP
ftr-490	1001	33	reason	reason	NOUN
ftr-490	1001	34	of	of	ADP
ftr-490	1001	35	a	a	DET
ftr-490	1001	36	transfer	transfer	NOUN
ftr-490	1001	37	of	of	ADP
ftr-490	1001	38	the	the	DET
ftr-490	1001	39	securing	securing	NOUN
ftr-490	1001	40	property	property	NOUN
ftr-490	1001	41	is	be	AUX
ftr-490	1001	42	,	,	PUNCT
ftr-490	1001	43	of	of	ADP
ftr-490	1001	44	course	course	NOUN
ftr-490	1001	45	,	,	PUNCT
ftr-490	1001	46	the	the	DET
ftr-490	1001	47	transfer	transfer	NOUN
ftr-490	1001	48	itself	itself	PRON
ftr-490	1001	49	.	.	PUNCT
ftr-490	1002	1	yet	yet	ADV
ftr-490	1002	2	,	,	PUNCT
ftr-490	1002	3	in	in	ADP
ftr-490	1002	4	the	the	DET
ftr-490	1002	5	first	first	ADJ
ftr-490	1002	6	situation	situation	NOUN
ftr-490	1002	7	the	the	DET
ftr-490	1002	8	nonrecourse	nonrecourse	NOUN
ftr-490	1002	9	debt	debt	NOUN
ftr-490	1002	10	is	be	AUX
ftr-490	1002	11	,	,	PUNCT
ftr-490	1002	12	as	as	ADP
ftr-490	1002	13	a	a	DET
ftr-490	1002	14	conceptual	conceptual	ADJ
ftr-490	1002	15	matter	matter	NOUN
ftr-490	1002	16	,	,	PUNCT
ftr-490	1002	17	considered	consider	VERB
ftr-490	1002	18	separately	separately	ADV
ftr-490	1002	19	from	from	ADP
ftr-490	1002	20	the	the	DET
ftr-490	1002	21	property	property	NOUN
ftr-490	1002	22	ownership	ownership	NOUN
ftr-490	1002	23	(	(	PUNCT
ftr-490	1002	24	resulting	result	VERB
ftr-490	1002	25	in	in	ADP
ftr-490	1002	26	cod	cod	NOUN
ftr-490	1002	27	income	income	NOUN
ftr-490	1002	28	rather	rather	ADV
ftr-490	1002	29	than	than	ADP
ftr-490	1002	30	a	a	DET
ftr-490	1002	31	reduced	reduced	ADJ
ftr-490	1002	32	basis	basis	NOUN
ftr-490	1002	33	in	in	ADP
ftr-490	1002	34	the	the	DET
ftr-490	1002	35	securing	securing	NOUN
ftr-490	1002	36	property	property	NOUN
ftr-490	1002	37	under	under	ADP
ftr-490	1002	38	the	the	DET
ftr-490	1002	39	cost	cost	NOUN
ftr-490	1002	40	basis	basis	NOUN
ftr-490	1002	41	rule	rule	NOUN
ftr-490	1002	42	of	of	ADP
ftr-490	1002	43	section	section	NOUN
ftr-490	1002	44	1012	1012	NUM
ftr-490	1002	45	)	)	PUNCT
ftr-490	1002	46	while	while	SCONJ
ftr-490	1002	47	in	in	ADP
ftr-490	1002	48	the	the	DET
ftr-490	1002	49	second	second	ADJ
ftr-490	1002	50	situation	situation	NOUN
ftr-490	1002	51	the	the	DET
ftr-490	1002	52	nonrecourse	nonrecourse	NOUN
ftr-490	1002	53	debt	debt	NOUN
ftr-490	1002	54	is	be	AUX
ftr-490	1002	55	,	,	PUNCT
ftr-490	1002	56	as	as	ADP
ftr-490	1002	57	a	a	DET
ftr-490	1002	58	conceptual	conceptual	ADJ
ftr-490	1002	59	matter	matter	NOUN
ftr-490	1002	60	,	,	PUNCT
ftr-490	1002	61	viewed	view	VERB
ftr-490	1002	62	as	as	ADP
ftr-490	1002	63	inseparable	inseparable	ADJ
ftr-490	1002	64	from	from	ADP
ftr-490	1002	65	the	the	DET
ftr-490	1002	66	property	property	NOUN
ftr-490	1002	67	ownership	ownership	NOUN
ftr-490	1002	68	(	(	PUNCT
ftr-490	1002	69	entering	enter	VERB
ftr-490	1002	70	into	into	ADP
ftr-490	1002	71	the	the	DET
ftr-490	1002	72	calculation	calculation	NOUN
ftr-490	1002	73	of	of	ADP
ftr-490	1002	74	"	"	PUNCT
ftr-490	1002	75	gain	gain	NOUN
ftr-490	1002	76	from	from	ADP
ftr-490	1002	77	dealings	dealing	NOUN
ftr-490	1002	78	in	in	ADP
ftr-490	1002	79	property	property	NOUN
ftr-490	1002	80	"	"	PUNCT
ftr-490	1002	81	under	under	ADP
ftr-490	1002	82	sections	section	NOUN
ftr-490	1002	83	1001	1001	NUM
ftr-490	1002	84	and	and	CCONJ
ftr-490	1002	85	137	137	NUM
ftr-490	1002	86	.	.	PUNCT
ftr-490	1003	1	the	the	DET
ftr-490	1003	2	only	only	ADJ
ftr-490	1003	3	exception	exception	NOUN
ftr-490	1003	4	arises	arise	VERB
ftr-490	1003	5	in	in	ADP
ftr-490	1003	6	the	the	DET
ftr-490	1003	7	case	case	NOUN
ftr-490	1003	8	of	of	ADP
ftr-490	1003	9	purchase	purchase	NOUN
ftr-490	1003	10	-	-	PUNCT
ftr-490	1003	11	money	money	NOUN
ftr-490	1003	12	debt	debt	NOUN
ftr-490	1003	13	.	.	PUNCT
ftr-490	1004	1	w	w	VERB
ftr-490	1004	2	here	here	ADV
ftr-490	1004	3	the	the	DET
ftr-490	1004	4	statute	statute	NOUN
ftr-490	1004	5	itself	itself	PRON
ftr-490	1004	6	treats	treat	VERB
ftr-490	1004	7	the	the	DET
ftr-490	1004	8	transaction	transaction	NOUN
ftr-490	1004	9	as	as	ADP
ftr-490	1004	10	a	a	DET
ftr-490	1004	11	renegotiation	renegotiation	NOUN
ftr-490	1004	12	of	of	ADP
ftr-490	1004	13	the	the	DET
ftr-490	1004	14	purchase	purchase	NOUN
ftr-490	1004	15	price	price	NOUN
ftr-490	1004	16	by	by	ADP
ftr-490	1004	17	the	the	DET
ftr-490	1004	18	seller	seller	NOUN
ftr-490	1004	19	rather	rather	ADV
ftr-490	1004	20	than	than	ADP
ftr-490	1004	21	as	as	ADP
ftr-490	1004	22	debt	debt	NOUN
ftr-490	1004	23	discharge	discharge	NOUN
ftr-490	1004	24	.	.	PUNCT
ftr-490	1005	1	see	see	VERB
ftr-490	1005	2	supra	supra	PROPN
ftr-490	1005	3	notes	note	NOUN
ftr-490	1005	4	8	8	NUM
ftr-490	1005	5	.	.	NOUN
ftr-490	1005	6	134	134	NUM
ftr-490	1005	7	(	(	PUNCT
ftr-490	1005	8	discussing	discuss	VERB
ftr-490	1005	9	section	section	NOUN
ftr-490	1005	10	108ielt5	108ielt5	PROPN
ftr-490	1005	11	)	)	PUNCT
ftr-490	1005	12	)	)	PUNCT
ftr-490	1005	13	.	.	PUNCT
ftr-490	1006	1	because	because	SCONJ
ftr-490	1006	2	of	of	ADP
ftr-490	1006	3	the	the	DET
ftr-490	1006	4	competing	compete	VERB
ftr-490	1006	5	factual	factual	ADJ
ftr-490	1006	6	characterization	characterization	NOUN
ftr-490	1006	7	vying	vie	VERB
ftr-490	1006	8	for	for	ADP
ftr-490	1006	9	attention	attention	NOUN
ftr-490	1006	10	in	in	ADP
ftr-490	1006	11	the	the	DET
ftr-490	1006	12	context	context	NOUN
ftr-490	1006	13	of	of	ADP
ftr-490	1006	14	a	a	DET
ftr-490	1006	15	purchase	purchase	NOUN
ftr-490	1006	16	-	-	PUNCT
ftr-490	1006	17	money	money	NOUN
ftr-490	1006	18	mortgage	mortgage	NOUN
ftr-490	1006	19	(	(	PUNCT
ftr-490	1006	20	see	see	VERB
ftr-490	1006	21	discussion	discussion	NOUN
ftr-490	1006	22	supra	supra	PROPN
ftr-490	1006	23	note	note	PROPN
ftr-490	1006	24	8)	8)	NUM
ftr-490	1006	25	.	.	PUNCT
ftr-490	1007	1	that	that	SCONJ
ftr-490	1007	2	statutory	statutory	ADJ
ftr-490	1007	3	rule	rule	NOUN
ftr-490	1007	4	does	do	AUX
ftr-490	1007	5	not	not	PART
ftr-490	1007	6	shed	shed	VERB
ftr-490	1007	7	light	light	NOUN
ftr-490	1007	8	on	on	ADP
ftr-490	1007	9	the	the	DET
ftr-490	1007	10	proper	proper	ADJ
ftr-490	1007	11	conceptual	conceptual	ADJ
ftr-490	1007	12	approach	approach	NOUN
ftr-490	1007	13	to	to	PART
ftr-490	1007	14	take	take	VERB
ftr-490	1007	15	in	in	ADP
ftr-490	1007	16	the	the	DET
ftr-490	1007	17	absence	absence	NOUN
ftr-490	1007	18	of	of	ADP
ftr-490	1007	19	a	a	DET
ftr-490	1007	20	competing	compete	VERB
ftr-490	1007	21	factual	factual	ADJ
ftr-490	1007	22	interpretation	interpretation	NOUN
ftr-490	1007	23	of	of	ADP
ftr-490	1007	24	the	the	DET
ftr-490	1007	25	transaction	transaction	NOUN
ftr-490	1007	26	.	.	PUNCT
ftr-490	1008	1	1992	1992	NUM
ftr-490	1008	2	]	]	PUNCT
ftr-490	1008	3	florida	florida	PROPN
ftr-490	1008	4	tax	tax	PROPN
ftr-490	1008	5	review	review	NOUN
ftr-490	1008	6	61	61	NUM
ftr-490	1008	7	(	(	PUNCT
ftr-490	1008	8	a)(3	a)(3	NOUN
ftr-490	1008	9	)	)	PUNCT
ftr-490	1008	10	rather	rather	ADV
ftr-490	1008	11	than	than	ADP
ftr-490	1008	12	resulting	result	VERB
ftr-490	1008	13	in	in	ADP
ftr-490	1008	14	cod	cod	NOUN
ftr-490	1008	15	income	income	NOUN
ftr-490	1008	16	)	)	PUNCT
ftr-490	1008	17	.	.	PUNCT
ftr-490	1009	1	thus	thus	ADV
ftr-490	1009	2	,	,	PUNCT
ftr-490	1009	3	the	the	DET
ftr-490	1009	4	act	act	NOUN
ftr-490	1009	5	of	of	ADP
ftr-490	1009	6	transfer	transfer	NOUN
ftr-490	1009	7	itself	itself	PRON
ftr-490	1009	8	must	must	AUX
ftr-490	1009	9	somehow	somehow	ADV
ftr-490	1009	10	hold	hold	VERB
ftr-490	1009	11	the	the	DET
ftr-490	1009	12	key	key	NOUN
ftr-490	1009	13	to	to	ADP
ftr-490	1009	14	the	the	DET
ftr-490	1009	15	justification	justification	NOUN
ftr-490	1009	16	for	for	ADP
ftr-490	1009	17	viewing	view	VERB
ftr-490	1009	18	the	the	DET
ftr-490	1009	19	nonrecourse	nonrecourse	NOUN
ftr-490	1009	20	debt	debt	NOUN
ftr-490	1009	21	in	in	ADP
ftr-490	1009	22	fundamentally	fundamentally	ADV
ftr-490	1009	23	different	different	ADJ
ftr-490	1009	24	ways	way	NOUN
ftr-490	1009	25	as	as	ADP
ftr-490	1009	26	a	a	DET
ftr-490	1009	27	conceptual	conceptual	ADJ
ftr-490	1009	28	matter	matter	NOUN
ftr-490	1009	29	at	at	ADP
ftr-490	1009	30	different	different	ADJ
ftr-490	1009	31	times	time	NOUN
ftr-490	1009	32	in	in	ADP
ftr-490	1009	33	the	the	DET
ftr-490	1009	34	ownership	ownership	NOUN
ftr-490	1009	35	period	period	NOUN
ftr-490	1009	36	.	.	PUNCT
ftr-490	1010	1	does	do	VERB
ftr-490	1010	2	it	it	PRON
ftr-490	1010	3	?	?	PUNCT
ftr-490	1011	1	subsection	subsection	NOUN
ftr-490	1011	2	d	d	NOUN
ftr-490	1011	3	considers	consider	VERB
ftr-490	1011	4	two	two	NUM
ftr-490	1011	5	possible	possible	ADJ
ftr-490	1011	6	arguments	argument	NOUN
ftr-490	1011	7	.	.	PUNCT
ftr-490	1012	1	identifying	identify	VERB
ftr-490	1012	2	the	the	DET
ftr-490	1012	3	conceptual	conceptual	ADJ
ftr-490	1012	4	argument	argument	NOUN
ftr-490	1012	5	,	,	PUNCT
ftr-490	1012	6	if	if	SCONJ
ftr-490	1012	7	any	any	PRON
ftr-490	1012	8	,	,	PUNCT
ftr-490	1012	9	that	that	PRON
ftr-490	1012	10	justifies	justify	VERB
ftr-490	1012	11	these	these	DET
ftr-490	1012	12	disparate	disparate	ADJ
ftr-490	1012	13	approaches	approach	NOUN
ftr-490	1012	14	becomes	become	VERB
ftr-490	1012	15	critical	critical	ADJ
ftr-490	1012	16	when	when	SCONJ
ftr-490	1012	17	one	one	PRON
ftr-490	1012	18	considers	consider	VERB
ftr-490	1012	19	the	the	DET
ftr-490	1012	20	consequences	consequence	NOUN
ftr-490	1012	21	,	,	PUNCT
ftr-490	1012	22	even	even	ADV
ftr-490	1012	23	manipulation	manipulation	NOUN
ftr-490	1012	24	(	(	PUNCT
ftr-490	1012	25	described	describe	VERB
ftr-490	1012	26	next	next	ADV
ftr-490	1012	27	in	in	ADP
ftr-490	1012	28	subsection	subsection	NOUN
ftr-490	1012	29	c	c	PROPN
ftr-490	1012	30	)	)	PUNCT
ftr-490	1012	31	,	,	PUNCT
ftr-490	1012	32	that	that	PRON
ftr-490	1012	33	can	can	AUX
ftr-490	1012	34	occur	occur	VERB
ftr-490	1012	35	because	because	SCONJ
ftr-490	1012	36	of	of	ADP
ftr-490	1012	37	the	the	DET
ftr-490	1012	38	disparate	disparate	ADJ
ftr-490	1012	39	approaches	approach	NOUN
ftr-490	1012	40	.	.	PUNCT
ftr-490	1013	1	what	what	PRON
ftr-490	1013	2	appear	appear	VERB
ftr-490	1013	3	to	to	PART
ftr-490	1013	4	be	be	AUX
ftr-490	1013	5	improper	improper	ADJ
ftr-490	1013	6	consequences	consequence	NOUN
ftr-490	1013	7	,	,	PUNCT
ftr-490	1013	8	after	after	ADV
ftr-490	1013	9	all	all	ADV
ftr-490	1013	10	,	,	PUNCT
ftr-490	1013	11	are	be	AUX
ftr-490	1013	12	not	not	PART
ftr-490	1013	13	improper	improper	ADJ
ftr-490	1013	14	if	if	SCONJ
ftr-490	1013	15	there	there	PRON
ftr-490	1013	16	truly	truly	ADV
ftr-490	1013	17	is	be	AUX
ftr-490	1013	18	a	a	DET
ftr-490	1013	19	conceptual	conceptual	ADJ
ftr-490	1013	20	,	,	PUNCT
ftr-490	1013	21	substantive	substantive	ADJ
ftr-490	1013	22	basis	basis	NOUN
ftr-490	1013	23	justifying	justify	VERB
ftr-490	1013	24	these	these	DET
ftr-490	1013	25	incongruous	incongruous	ADJ
ftr-490	1013	26	results	result	NOUN
ftr-490	1013	27	.	.	PUNCT
ftr-490	1014	1	c.	c.	PROPN
ftr-490	1014	2	real	real	ADJ
ftr-490	1014	3	-	-	PUNCT
ftr-490	1014	4	world	world	NOUN
ftr-490	1014	5	consequences	consequence	NOUN
ftr-490	1014	6	of	of	ADP
ftr-490	1014	7	the	the	DET
ftr-490	1014	8	dichotomy	dichotomy	NOUN
ftr-490	1014	9	most	most	ADJ
ftr-490	1014	10	of	of	ADP
ftr-490	1014	11	the	the	DET
ftr-490	1014	12	real	real	ADJ
ftr-490	1014	13	-	-	PUNCT
ftr-490	1014	14	world	world	NOUN
ftr-490	1014	15	consequences	consequence	NOUN
ftr-490	1014	16	described	describe	VERB
ftr-490	1014	17	below	below	ADP
ftr-490	1014	18	no	no	DET
ftr-490	1014	19	doubt	doubt	NOUN
ftr-490	1014	20	ran	run	VERB
ftr-490	1014	21	through	through	ADP
ftr-490	1014	22	the	the	DET
ftr-490	1014	23	reader	reader	NOUN
ftr-490	1014	24	's	's	PART
ftr-490	1014	25	mind	mind	NOUN
ftr-490	1014	26	upon	upon	SCONJ
ftr-490	1014	27	considering	consider	VERB
ftr-490	1014	28	the	the	DET
ftr-490	1014	29	composite	composite	ADJ
ftr-490	1014	30	result	result	NOUN
ftr-490	1014	31	of	of	ADP
ftr-490	1014	32	the	the	DET
ftr-490	1014	33	section	section	NOUN
ftr-490	1014	34	108	108	NUM
ftr-490	1014	35	rules	rule	NOUN
ftr-490	1014	36	,	,	PUNCT
ftr-490	1014	37	the	the	DET
ftr-490	1014	38	dichotomous	dichotomous	ADJ
ftr-490	1014	39	approaches	approach	NOUN
ftr-490	1014	40	used	use	VERB
ftr-490	1014	41	on	on	ADP
ftr-490	1014	42	the	the	DET
ftr-490	1014	43	transfer	transfer	NOUN
ftr-490	1014	44	of	of	ADP
ftr-490	1014	45	property	property	NOUN
ftr-490	1014	46	depending	depend	VERB
ftr-490	1014	47	on	on	ADP
ftr-490	1014	48	whether	whether	SCONJ
ftr-490	1014	49	debt	debt	NOUN
ftr-490	1014	50	is	be	AUX
ftr-490	1014	51	recourse	recourse	NOUN
ftr-490	1014	52	or	or	CCONJ
ftr-490	1014	53	nonrecourse	nonrecourse	NOUN
ftr-490	1014	54	,	,	PUNCT
ftr-490	1014	55	the	the	DET
ftr-490	1014	56	gershkowitz	gershkowitz	NOUN
ftr-490	1014	57	case	case	NOUN
ftr-490	1014	58	,	,	PUNCT
ftr-490	1014	59	and	and	CCONJ
ftr-490	1014	60	revenue	revenue	NOUN
ftr-490	1014	61	ruling	rule	VERB
ftr-490	1014	62	91	91	NUM
ftr-490	1014	63	-	-	SYM
ftr-490	1014	64	31	31	NUM
ftr-490	1014	65	.	.	PUNCT
ftr-490	1015	1	the	the	DET
ftr-490	1015	2	results	result	NOUN
ftr-490	1015	3	described	describe	VERB
ftr-490	1015	4	below	below	ADV
ftr-490	1015	5	are	be	AUX
ftr-490	1015	6	the	the	DET
ftr-490	1015	7	product	product	NOUN
ftr-490	1015	8	of	of	ADP
ftr-490	1015	9	the	the	DET
ftr-490	1015	10	intersection	intersection	NOUN
ftr-490	1015	11	of	of	ADP
ftr-490	1015	12	three	three	NUM
ftr-490	1015	13	sets	set	NOUN
ftr-490	1015	14	of	of	ADP
ftr-490	1015	15	rules	rule	NOUN
ftr-490	1015	16	:	:	PUNCT
ftr-490	1015	17	(	(	PUNCT
ftr-490	1015	18	1	1	X
ftr-490	1015	19	)	)	PUNCT
ftr-490	1015	20	section	section	NOUN
ftr-490	1015	21	108	108	NUM
ftr-490	1015	22	allows	allow	VERB
ftr-490	1015	23	deferral	deferral	ADJ
ftr-490	1015	24	of	of	ADP
ftr-490	1015	25	cod	cod	NOUN
ftr-490	1015	26	income	income	NOUN
ftr-490	1015	27	realized	realize	VERB
ftr-490	1015	28	under	under	ADP
ftr-490	1015	29	section	section	NOUN
ftr-490	1015	30	61(a)(12	61(a)(12	NUM
ftr-490	1015	31	)	)	PUNCT
ftr-490	1015	32	by	by	ADP
ftr-490	1015	33	financially	financially	ADV
ftr-490	1015	34	strapped	strap	VERB
ftr-490	1015	35	debtors	debtor	NOUN
ftr-490	1015	36	but	but	CCONJ
ftr-490	1015	37	not	not	PART
ftr-490	1015	38	deferral	deferral	ADJ
ftr-490	1015	39	of	of	ADP
ftr-490	1015	40	gain	gain	NOUN
ftr-490	1015	41	realized	realize	VERB
ftr-490	1015	42	from	from	ADP
ftr-490	1015	43	property	property	NOUN
ftr-490	1015	44	under	under	ADP
ftr-490	1015	45	sections	section	NOUN
ftr-490	1015	46	1001	1001	NUM
ftr-490	1015	47	and	and	CCONJ
ftr-490	1015	48	61(a)(3	61(a)(3	NUM
ftr-490	1015	49	)	)	PUNCT
ftr-490	1015	50	that	that	PRON
ftr-490	1015	51	results	result	VERB
ftr-490	1015	52	because	because	SCONJ
ftr-490	1015	53	of	of	ADP
ftr-490	1015	54	debt	debt	NOUN
ftr-490	1015	55	discharge;'38	discharge;'38	NOUN
ftr-490	1015	56	(	(	PUNCT
ftr-490	1015	57	2	2	X
ftr-490	1015	58	)	)	PUNCT
ftr-490	1015	59	the	the	DET
ftr-490	1015	60	cancellation	cancellation	NOUN
ftr-490	1015	61	of	of	ADP
ftr-490	1015	62	recourse	recourse	NOUN
ftr-490	1015	63	debt	debt	NOUN
ftr-490	1015	64	is	be	AUX
ftr-490	1015	65	treated	treat	VERB
ftr-490	1015	66	differently	differently	ADV
ftr-490	1015	67	from	from	ADP
ftr-490	1015	68	nonrecourse	nonrecourse	NOUN
ftr-490	1015	69	debt	debt	NOUN
ftr-490	1015	70	when	when	SCONJ
ftr-490	1015	71	the	the	DET
ftr-490	1015	72	securing	securing	NOUN
ftr-490	1015	73	property	property	NOUN
ftr-490	1015	74	is	be	AUX
ftr-490	1015	75	transferred	transfer	VERB
ftr-490	1015	76	in	in	ADP
ftr-490	1015	77	satisfaction	satisfaction	NOUN
ftr-490	1015	78	of	of	ADP
ftr-490	1015	79	a	a	DET
ftr-490	1015	80	debt	debt	NOUN
ftr-490	1015	81	exceeding	exceed	VERB
ftr-490	1015	82	the	the	DET
ftr-490	1015	83	property	property	NOUN
ftr-490	1015	84	's	's	PART
ftr-490	1015	85	value	value	NOUN
ftr-490	1015	86	;	;	PUNCT
ftr-490	1015	87	'	'	PUNCT
ftr-490	1015	88	39	39	NUM
ftr-490	1015	89	and	and	CCONJ
ftr-490	1015	90	(	(	PUNCT
ftr-490	1015	91	3	3	X
ftr-490	1015	92	)	)	PUNCT
ftr-490	1015	93	the	the	DET
ftr-490	1015	94	cancellation	cancellation	NOUN
ftr-490	1015	95	of	of	ADP
ftr-490	1015	96	nonrecourse	nonrecourse	NOUN
ftr-490	1015	97	debt	debt	NOUN
ftr-490	1015	98	itself	itself	PRON
ftr-490	1015	99	is	be	AUX
ftr-490	1015	100	treated	treat	VERB
ftr-490	1015	101	differently	differently	ADV
ftr-490	1015	102	depending	depend	VERB
ftr-490	1015	103	upon	upon	SCONJ
ftr-490	1015	104	whether	whether	SCONJ
ftr-490	1015	105	the	the	DET
ftr-490	1015	106	securing	securing	NOUN
ftr-490	1015	107	property	property	NOUN
ftr-490	1015	108	is	be	AUX
ftr-490	1015	109	transferred	transfer	VERB
ftr-490	1015	110	or	or	CCONJ
ftr-490	1015	111	retained	retain	VERB
ftr-490	1015	112	upon	upon	SCONJ
ftr-490	1015	113	discharge	discharge	NOUN
ftr-490	1015	114	of	of	ADP
ftr-490	1015	115	the	the	DET
ftr-490	1015	116	debt	debt	NOUN
ftr-490	1015	117	.	.	PUNCT
ftr-490	1016	1	4	4	NUM
ftr-490	1016	2	°	°	NOUN
ftr-490	1016	3	as	as	SCONJ
ftr-490	1016	4	described	describe	VERB
ftr-490	1016	5	below	below	ADV
ftr-490	1016	6	,	,	PUNCT
ftr-490	1016	7	these	these	DET
ftr-490	1016	8	results	result	NOUN
ftr-490	1016	9	could	could	AUX
ftr-490	1016	10	all	all	PRON
ftr-490	1016	11	be	be	AUX
ftr-490	1016	12	conformed	conform	VERB
ftr-490	1016	13	if	if	SCONJ
ftr-490	1016	14	the	the	DET
ftr-490	1016	15	bifurcated	bifurcated	ADJ
ftr-490	1016	16	approach	approach	NOUN
ftr-490	1016	17	were	be	AUX
ftr-490	1016	18	adopted	adopt	VERB
ftr-490	1016	19	for	for	ADP
ftr-490	1016	20	nonrecourse	nonrecourse	ADJ
ftr-490	1016	21	debt	debt	NOUN
ftr-490	1016	22	in	in	ADP
ftr-490	1016	23	the	the	DET
ftr-490	1016	24	transfer	transfer	NOUN
ftr-490	1016	25	context	context	NOUN
ftr-490	1016	26	.	.	PUNCT
ftr-490	1017	1	congress	congress	PROPN
ftr-490	1017	2	has	have	AUX
ftr-490	1017	3	decided	decide	VERB
ftr-490	1017	4	as	as	ADP
ftr-490	1017	5	a	a	DET
ftr-490	1017	6	policy	policy	NOUN
ftr-490	1017	7	matter	matter	NOUN
ftr-490	1017	8	(	(	PUNCT
ftr-490	1017	9	whether	whether	SCONJ
ftr-490	1017	10	wise	wise	ADJ
ftr-490	1017	11	or	or	CCONJ
ftr-490	1017	12	unwise	unwise	ADJ
ftr-490	1017	13	)	)	PUNCT
ftr-490	1017	14	that	that	SCONJ
ftr-490	1017	15	financially	financially	ADV
ftr-490	1017	16	strapped	strapped	ADJ
ftr-490	1017	17	debtors	debtor	NOUN
ftr-490	1017	18	ought	ought	AUX
ftr-490	1017	19	to	to	PART
ftr-490	1017	20	be	be	AUX
ftr-490	1017	21	able	able	ADJ
ftr-490	1017	22	to	to	PART
ftr-490	1017	23	defer	defer	VERB
ftr-490	1017	24	the	the	DET
ftr-490	1017	25	recognition	recognition	NOUN
ftr-490	1017	26	of	of	ADP
ftr-490	1017	27	realized	realize	VERB
ftr-490	1017	28	income	income	NOUN
ftr-490	1017	29	arising	arise	VERB
ftr-490	1017	30	from	from	ADP
ftr-490	1017	31	the	the	DET
ftr-490	1017	32	discharge	discharge	NOUN
ftr-490	1017	33	of	of	ADP
ftr-490	1017	34	indebtedness	indebtedness	NOUN
ftr-490	1017	35	and	and	CCONJ
ftr-490	1017	36	pay	pay	VERB
ftr-490	1017	37	tax	tax	NOUN
ftr-490	1017	38	on	on	ADP
ftr-490	1017	39	it	it	PRON
ftr-490	1017	40	138	138	NUM
ftr-490	1017	41	.	.	PUNCT
ftr-490	1018	1	see	see	VERB
ftr-490	1018	2	discussion	discussion	NOUN
ftr-490	1018	3	supra	supra	PROPN
ftr-490	1018	4	note	note	PROPN
ftr-490	1018	5	8	8	NUM
ftr-490	1018	6	(	(	PUNCT
ftr-490	1018	7	describing	describe	VERB
ftr-490	1018	8	deferral	deferral	NOUN
ftr-490	1018	9	under	under	ADP
ftr-490	1018	10	section	section	NOUN
ftr-490	1018	11	108(a	108(a	PROPN
ftr-490	1018	12	)	)	PUNCT
ftr-490	1018	13	)	)	PUNCT
ftr-490	1018	14	.	.	PUNCT
ftr-490	1019	1	cf	cf	NOUN
ftr-490	1019	2	.	.	PUNCT
ftr-490	1020	1	timothy	timothy	PROPN
ftr-490	1020	2	m.	m.	PROPN
ftr-490	1020	3	larason	larason	PROPN
ftr-490	1020	4	,	,	PUNCT
ftr-490	1020	5	is	be	AUX
ftr-490	1020	6	gain	gain	NOUN
ftr-490	1020	7	on	on	ADP
ftr-490	1020	8	transfer	transfer	NOUN
ftr-490	1020	9	of	of	ADP
ftr-490	1020	10	property	property	NOUN
ftr-490	1020	11	to	to	PART
ftr-490	1020	12	creditor	creditor	VERB
ftr-490	1020	13	by	by	ADP
ftr-490	1020	14	insolvent	insolvent	ADJ
ftr-490	1020	15	taxpayer	taxpayer	NOUN
ftr-490	1020	16	subject	subject	NOUN
ftr-490	1020	17	to	to	ADP
ftr-490	1020	18	income	income	NOUN
ftr-490	1020	19	tax	tax	NOUN
ftr-490	1020	20	?	?	PUNCT
ftr-490	1020	21	,	,	PUNCT
ftr-490	1020	22	special	special	ADJ
ftr-490	1020	23	report	report	NOUN
ftr-490	1020	24	,	,	PUNCT
ftr-490	1020	25	49	49	NUM
ftr-490	1020	26	tax	tax	NOUN
ftr-490	1020	27	notes	note	NOUN
ftr-490	1020	28	1135	1135	NUM
ftr-490	1020	29	(	(	PUNCT
ftr-490	1020	30	dec	dec	PROPN
ftr-490	1020	31	.	.	PROPN
ftr-490	1020	32	3	3	NUM
ftr-490	1020	33	,	,	PUNCT
ftr-490	1020	34	1990	1990	NUM
ftr-490	1020	35	)	)	PUNCT
ftr-490	1020	36	(	(	PUNCT
ftr-490	1020	37	arguing	argue	VERB
ftr-490	1020	38	that	that	SCONJ
ftr-490	1020	39	congress	congress	PROPN
ftr-490	1020	40	may	may	AUX
ftr-490	1020	41	have	have	AUX
ftr-490	1020	42	intended	intend	VERB
ftr-490	1020	43	gain	gain	NOUN
ftr-490	1020	44	realized	realize	VERB
ftr-490	1020	45	under	under	ADP
ftr-490	1020	46	section	section	NOUN
ftr-490	1020	47	1001	1001	NUM
ftr-490	1020	48	on	on	ADP
ftr-490	1020	49	the	the	DET
ftr-490	1020	50	transfer	transfer	NOUN
ftr-490	1020	51	of	of	ADP
ftr-490	1020	52	property	property	NOUN
ftr-490	1020	53	in	in	ADP
ftr-490	1020	54	discharge	discharge	NOUN
ftr-490	1020	55	of	of	ADP
ftr-490	1020	56	a	a	DET
ftr-490	1020	57	nonrecourse	nonrecourse	NOUN
ftr-490	1020	58	debt	debt	NOUN
ftr-490	1020	59	to	to	PART
ftr-490	1020	60	be	be	AUX
ftr-490	1020	61	excludable	excludable	ADJ
ftr-490	1020	62	under	under	ADP
ftr-490	1020	63	section	section	NOUN
ftr-490	1020	64	108(a	108(a	NUM
ftr-490	1020	65	)	)	PUNCT
ftr-490	1020	66	by	by	ADP
ftr-490	1020	67	insolvent	insolvent	ADJ
ftr-490	1020	68	debtors	debtor	NOUN
ftr-490	1020	69	)	)	PUNCT
ftr-490	1020	70	.	.	PUNCT
ftr-490	1021	1	139	139	NUM
ftr-490	1021	2	.	.	PUNCT
ftr-490	1022	1	see	see	VERB
ftr-490	1022	2	supra	supra	PROPN
ftr-490	1022	3	notes	note	VERB
ftr-490	1022	4	4	4	NUM
ftr-490	1022	5	-	-	SYM
ftr-490	1022	6	14	14	NUM
ftr-490	1022	7	and	and	CCONJ
ftr-490	1022	8	accompanying	accompany	VERB
ftr-490	1022	9	text	text	NOUN
ftr-490	1022	10	(	(	PUNCT
ftr-490	1022	11	describing	describe	VERB
ftr-490	1022	12	the	the	DET
ftr-490	1022	13	bifurcated	bifurcated	ADJ
ftr-490	1022	14	and	and	CCONJ
ftr-490	1022	15	collapsed	collapse	VERB
ftr-490	1022	16	approaches	approach	NOUN
ftr-490	1022	17	)	)	PUNCT
ftr-490	1022	18	.	.	PUNCT
ftr-490	1023	1	140	140	X
ftr-490	1023	2	.	.	PUNCT
ftr-490	1024	1	see	see	VERB
ftr-490	1024	2	supra	supra	PROPN
ftr-490	1024	3	notes	note	VERB
ftr-490	1024	4	9	9	NUM
ftr-490	1024	5	-	-	SYM
ftr-490	1024	6	14	14	NUM
ftr-490	1024	7	and	and	CCONJ
ftr-490	1024	8	accompanying	accompany	VERB
ftr-490	1024	9	text	text	NOUN
ftr-490	1024	10	(	(	PUNCT
ftr-490	1024	11	describing	describe	VERB
ftr-490	1024	12	the	the	DET
ftr-490	1024	13	collapsed	collapse	VERB
ftr-490	1024	14	approach	approach	NOUN
ftr-490	1024	15	in	in	ADP
ftr-490	1024	16	the	the	DET
ftr-490	1024	17	transfer	transfer	NOUN
ftr-490	1024	18	context	context	NOUN
ftr-490	1024	19	)	)	PUNCT
ftr-490	1024	20	and	and	CCONJ
ftr-490	1024	21	notes	note	VERB
ftr-490	1024	22	132	132	NUM
ftr-490	1024	23	-	-	SYM
ftr-490	1024	24	37	37	NUM
ftr-490	1024	25	and	and	CCONJ
ftr-490	1024	26	accompanying	accompany	VERB
ftr-490	1024	27	text	text	NOUN
ftr-490	1024	28	(	(	PUNCT
ftr-490	1024	29	describing	describe	VERB
ftr-490	1024	30	revenue	revenue	NOUN
ftr-490	1024	31	ruling	rule	VERB
ftr-490	1024	32	91	91	NUM
ftr-490	1024	33	-	-	SYM
ftr-490	1024	34	31	31	NUM
ftr-490	1024	35	,	,	PUNCT
ftr-490	1024	36	1991	1991	NUM
ftr-490	1024	37	-	-	SYM
ftr-490	1024	38	1	1	NUM
ftr-490	1024	39	c.b	c.b	PROPN
ftr-490	1024	40	.	.	PROPN
ftr-490	1024	41	19	19	NUM
ftr-490	1024	42	,	,	PUNCT
ftr-490	1024	43	in	in	ADP
ftr-490	1024	44	the	the	DET
ftr-490	1024	45	retained	retain	VERB
ftr-490	1024	46	-	-	PUNCT
ftr-490	1024	47	collateral	collateral	NOUN
ftr-490	1024	48	context	context	NOUN
ftr-490	1024	49	)	)	PUNCT
ftr-490	1024	50	.	.	PUNCT
ftr-490	1025	1	[	[	X
ftr-490	1025	2	val	val	X
ftr-490	1025	3	1:3	1:3	NUM
ftr-490	1025	4	tufts	tuft	NOUN
ftr-490	1025	5	and	and	CCONJ
ftr-490	1025	6	rite	rite	VERB
ftr-490	1025	7	evolution	evolution	NOUN
ftr-490	1025	8	of	of	ADP
ftr-490	1025	9	debt	debt	NOUN
ftr-490	1025	10	-	-	PUNCT
ftr-490	1025	11	discharge	discharge	NOUN
ftr-490	1025	12	theorv	theorv	NOUN
ftr-490	1025	13	slowly	slowly	ADV
ftr-490	1025	14	over	over	ADP
ftr-490	1025	15	time	time	NOUN
ftr-490	1025	16	(	(	PUNCT
ftr-490	1025	17	presumably	presumably	ADV
ftr-490	1025	18	when	when	SCONJ
ftr-490	1025	19	they	they	PRON
ftr-490	1025	20	are	be	AUX
ftr-490	1025	21	in	in	ADP
ftr-490	1025	22	a	a	DET
ftr-490	1025	23	healthier	healthy	ADJ
ftr-490	1025	24	financial	financial	ADJ
ftr-490	1025	25	condition	condition	NOUN
ftr-490	1025	26	)	)	PUNCT
ftr-490	1025	27	by	by	ADP
ftr-490	1025	28	reducing	reduce	VERB
ftr-490	1025	29	favorable	favorable	ADJ
ftr-490	1025	30	tax	tax	NOUN
ftr-490	1025	31	attributes	attribute	NOUN
ftr-490	1025	32	,	,	PUNCT
ftr-490	1025	33	including	include	VERB
ftr-490	1025	34	the	the	DET
ftr-490	1025	35	depreciable	depreciable	ADJ
ftr-490	1025	36	basis	basis	NOUN
ftr-490	1025	37	of	of	ADP
ftr-490	1025	38	property.4	property.4	NOUN
ftr-490	1025	39	such	such	ADJ
ftr-490	1025	40	debtors	debtor	NOUN
ftr-490	1025	41	can	can	AUX
ftr-490	1025	42	not	not	PART
ftr-490	1025	43	defer	defer	VERB
ftr-490	1025	44	tufts	tufts	NOUN
ftr-490	1025	45	gain	gain	NOUN
ftr-490	1025	46	arising	arise	VERB
ftr-490	1025	47	under	under	ADP
ftr-490	1025	48	section	section	NOUN
ftr-490	1025	49	1001	1001	NUM
ftr-490	1025	50	because	because	SCONJ
ftr-490	1025	51	of	of	ADP
ftr-490	1025	52	the	the	DET
ftr-490	1025	53	discharge	discharge	NOUN
ftr-490	1025	54	of	of	ADP
ftr-490	1025	55	previously	previously	ADV
ftr-490	1025	56	untaxed	untaxed	ADJ
ftr-490	1025	57	loan	loan	NOUN
ftr-490	1025	58	proceeds	proceed	NOUN
ftr-490	1025	59	,	,	PUNCT
ftr-490	1025	60	notwithstanding	notwithstanding	SCONJ
ftr-490	1025	61	that	that	SCONJ
ftr-490	1025	62	the	the	DET
ftr-490	1025	63	justification	justification	NOUN
ftr-490	1025	64	for	for	ADP
ftr-490	1025	65	taxing	tax	VERB
ftr-490	1025	66	both	both	DET
ftr-490	1025	67	cod	cod	NOUN
ftr-490	1025	68	income	income	NOUN
ftr-490	1025	69	and	and	CCONJ
ftr-490	1025	70	the	the	DET
ftr-490	1025	71	gain	gain	NOUN
ftr-490	1025	72	arising	arise	VERB
ftr-490	1025	73	under	under	ADP
ftr-490	1025	74	the	the	DET
ftr-490	1025	75	collapsed	collapse	VERB
ftr-490	1025	76	approach	approach	NOUN
ftr-490	1025	77	is	be	AUX
ftr-490	1025	78	the	the	DET
ftr-490	1025	79	same	same	ADJ
ftr-490	1025	80	:	:	PUNCT
ftr-490	1025	81	the	the	DET
ftr-490	1025	82	release	release	NOUN
ftr-490	1025	83	from	from	ADP
ftr-490	1025	84	the	the	DET
ftr-490	1025	85	obligation	obligation	NOUN
ftr-490	1025	86	to	to	PART
ftr-490	1025	87	repay	repay	AUX
ftr-490	1025	88	previously	previously	ADV
ftr-490	1025	89	received	receive	VERB
ftr-490	1025	90	untaxed	untaxed	ADJ
ftr-490	1025	91	loan	loan	NOUN
ftr-490	1025	92	proceeds	proceed	NOUN
ftr-490	1025	93	with	with	ADP
ftr-490	1025	94	after	after	ADP
ftr-490	1025	95	-	-	PUNCT
ftr-490	1025	96	tax	tax	NOUN
ftr-490	1025	97	dollars	dollar	NOUN
ftr-490	1025	98	.	.	PUNCT
ftr-490	1026	1	42	42	NUM
ftr-490	1026	2	thus	thus	ADV
ftr-490	1026	3	,	,	PUNCT
ftr-490	1026	4	an	an	DET
ftr-490	1026	5	insolvent	insolvent	ADJ
ftr-490	1026	6	or	or	CCONJ
ftr-490	1026	7	bankrupt	bankrupt	ADJ
ftr-490	1026	8	debtor	debtor	NOUN
ftr-490	1026	9	who	who	PRON
ftr-490	1026	10	transfers	transfer	VERB
ftr-490	1026	11	property	property	NOUN
ftr-490	1026	12	in	in	ADP
ftr-490	1026	13	foreclosure	foreclosure	NOUN
ftr-490	1026	14	to	to	ADP
ftr-490	1026	15	a	a	DET
ftr-490	1026	16	creditor	creditor	NOUN
ftr-490	1026	17	in	in	ADP
ftr-490	1026	18	satisfaction	satisfaction	NOUN
ftr-490	1026	19	of	of	ADP
ftr-490	1026	20	a	a	DET
ftr-490	1026	21	nonrecourse	nonrecourse	NOUN
ftr-490	1026	22	debt	debt	NOUN
ftr-490	1026	23	exceeding	exceed	VERB
ftr-490	1026	24	the	the	DET
ftr-490	1026	25	value	value	NOUN
ftr-490	1026	26	of	of	ADP
ftr-490	1026	27	the	the	DET
ftr-490	1026	28	property	property	NOUN
ftr-490	1026	29	transferred	transfer	VERB
ftr-490	1026	30	can	can	AUX
ftr-490	1026	31	not	not	PART
ftr-490	1026	32	defer	defer	VERB
ftr-490	1026	33	the	the	DET
ftr-490	1026	34	portion	portion	NOUN
ftr-490	1026	35	of	of	ADP
ftr-490	1026	36	the	the	DET
ftr-490	1026	37	gain	gain	NOUN
ftr-490	1026	38	realized	realize	VERB
ftr-490	1026	39	under	under	ADP
ftr-490	1026	40	the	the	DET
ftr-490	1026	41	collapsed	collapsed	ADJ
ftr-490	1026	42	approach	approach	NOUN
ftr-490	1026	43	that	that	PRON
ftr-490	1026	44	would	would	AUX
ftr-490	1026	45	have	have	AUX
ftr-490	1026	46	been	be	AUX
ftr-490	1026	47	cod	cod	NOUN
ftr-490	1026	48	income	income	NOUN
ftr-490	1026	49	under	under	ADP
ftr-490	1026	50	the	the	DET
ftr-490	1026	51	bifurcated	bifurcated	ADJ
ftr-490	1026	52	approach	approach	NOUN
ftr-490	1026	53	.	.	PUNCT
ftr-490	1027	1	in	in	ADP
ftr-490	1027	2	estate	estate	NOUN
ftr-490	1027	3	of	of	ADP
ftr-490	1027	4	delnan	delnan	NUM
ftr-490	1027	5	v.	v.	ADP
ftr-490	1027	6	conmnissioner,14-	conmnissioner,14-	PROPN
ftr-490	1027	7	'	'	PUNCT
ftr-490	1027	8	for	for	ADP
ftr-490	1027	9	example	example	NOUN
ftr-490	1027	10	,	,	PUNCT
ftr-490	1027	11	an	an	DET
ftr-490	1027	12	insolvent	insolvent	ADJ
ftr-490	1027	13	taxpayer	taxpayer	NOUN
ftr-490	1027	14	transferred	transfer	VERB
ftr-490	1027	15	property	property	NOUN
ftr-490	1027	16	with	with	ADP
ftr-490	1027	17	a	a	DET
ftr-490	1027	18	fair	fair	ADJ
ftr-490	1027	19	market	market	NOUN
ftr-490	1027	20	value	value	NOUN
ftr-490	1027	21	of	of	ADP
ftr-490	1027	22	$	$	SYM
ftr-490	1027	23	400,000	400,000	NUM
ftr-490	1027	24	and	and	CCONJ
ftr-490	1027	25	adjusted	adjusted	ADJ
ftr-490	1027	26	basis	basis	NOUN
ftr-490	1027	27	of	of	ADP
ftr-490	1027	28	$	$	SYM
ftr-490	1027	29	500,000	500,000	NUM
ftr-490	1027	30	to	to	ADP
ftr-490	1027	31	a	a	DET
ftr-490	1027	32	creditor	creditor	NOUN
ftr-490	1027	33	in	in	ADP
ftr-490	1027	34	foreclosure	foreclosure	NOUN
ftr-490	1027	35	of	of	ADP
ftr-490	1027	36	a	a	DET
ftr-490	1027	37	$	$	SYM
ftr-490	1027	38	1,200,000	1,200,000	NUM
ftr-490	1027	39	nonrecourse	nonrecourse	NOUN
ftr-490	1027	40	debt	debt	NOUN
ftr-490	1027	41	.	.	PUNCT
ftr-490	1027	42	'	'	PUNCT
ftr-490	1027	43	"	"	PUNCT
ftr-490	1028	1	under	under	ADP
ftr-490	1028	2	the	the	DET
ftr-490	1028	3	collapsed	collapse	VERB
ftr-490	1028	4	approach	approach	NOUN
ftr-490	1028	5	used	use	VERB
ftr-490	1028	6	for	for	ADP
ftr-490	1028	7	nonrecourse	nonrecourse	NOUN
ftr-490	1028	8	debt	debt	NOUN
ftr-490	1028	9	,	,	PUNCT
ftr-490	1028	10	the	the	DET
ftr-490	1028	11	tax	tax	NOUN
ftr-490	1028	12	court	court	NOUN
ftr-490	1028	13	confirmed	confirm	VERB
ftr-490	1028	14	that	that	SCONJ
ftr-490	1028	15	the	the	DET
ftr-490	1028	16	transfer	transfer	NOUN
ftr-490	1028	17	produced	produce	VERB
ftr-490	1028	18	a	a	DET
ftr-490	1028	19	gain	gain	NOUN
ftr-490	1028	20	of	of	ADP
ftr-490	1028	21	$	$	SYM
ftr-490	1028	22	700,000	700,000	NUM
ftr-490	1028	23	under	under	ADP
ftr-490	1028	24	section	section	NOUN
ftr-490	1028	25	1001	1001	NUM
ftr-490	1028	26	.	.	PUNCT
ftr-490	1029	1	such	such	ADJ
ftr-490	1029	2	gain	gain	NOUN
ftr-490	1029	3	could	could	AUX
ftr-490	1029	4	not	not	PART
ftr-490	1029	5	be	be	AUX
ftr-490	1029	6	deferred	defer	VERB
ftr-490	1029	7	under	under	ADP
ftr-490	1029	8	section	section	NOUN
ftr-490	1029	9	108(a	108(a	NUM
ftr-490	1029	10	)	)	PUNCT
ftr-490	1029	11	by	by	ADP
ftr-490	1029	12	reducing	reduce	VERB
ftr-490	1029	13	the	the	DET
ftr-490	1029	14	basis	basis	NOUN
ftr-490	1029	15	of	of	ADP
ftr-490	1029	16	property	property	NOUN
ftr-490	1029	17	held	hold	VERB
ftr-490	1029	18	by	by	ADP
ftr-490	1029	19	the	the	DET
ftr-490	1029	20	taxpayer	taxpayer	NOUN
ftr-490	1029	21	under	under	ADP
ftr-490	1029	22	section	section	NOUN
ftr-490	1029	23	108(b	108(b	PROPN
ftr-490	1029	24	)	)	PUNCT
ftr-490	1029	25	(	(	PUNCT
ftr-490	1029	26	as	as	SCONJ
ftr-490	1029	27	the	the	DET
ftr-490	1029	28	taxpayer	taxpayer	NOUN
ftr-490	1029	29	argued	argue	VERB
ftr-490	1029	30	)	)	PUNCT
ftr-490	1029	31	because	because	SCONJ
ftr-490	1029	32	the	the	DET
ftr-490	1029	33	"	"	PUNCT
ftr-490	1029	34	gain	gain	NOUN
ftr-490	1029	35	"	"	PUNCT
ftr-490	1029	36	arising	arise	VERB
ftr-490	1029	37	under	under	ADP
ftr-490	1029	38	section	section	NOUN
ftr-490	1029	39	1001	1001	NUM
ftr-490	1029	40	is	be	AUX
ftr-490	1029	41	by	by	ADP
ftr-490	1029	42	definition	definition	NOUN
ftr-490	1029	43	not	not	PART
ftr-490	1029	44	cod	cod	VERB
ftr-490	1029	45	income	income	NOUN
ftr-490	1029	46	.	.	PUNCT
ftr-490	1030	1	had	have	VERB
ftr-490	1030	2	the	the	DET
ftr-490	1030	3	debt	debt	NOUN
ftr-490	1030	4	been	be	AUX
ftr-490	1030	5	recourse	recourse	NOUN
ftr-490	1030	6	,	,	PUNCT
ftr-490	1030	7	the	the	DET
ftr-490	1030	8	bifurcated	bifurcated	ADJ
ftr-490	1030	9	approach	approach	NOUN
ftr-490	1030	10	would	would	AUX
ftr-490	1030	11	have	have	AUX
ftr-490	1030	12	controlled	control	VERB
ftr-490	1030	13	,	,	PUNCT
ftr-490	1030	14	producing	produce	VERB
ftr-490	1030	15	$	$	SYM
ftr-490	1030	16	800,000	800,000	NUM
ftr-490	1030	17	of	of	ADP
ftr-490	1030	18	deferrable	deferrable	ADJ
ftr-490	1030	19	cod	cod	NOUN
ftr-490	1030	20	income	income	NOUN
ftr-490	1030	21	and	and	CCONJ
ftr-490	1030	22	a	a	DET
ftr-490	1030	23	$	$	SYM
ftr-490	1030	24	100,000	100,000	NUM
ftr-490	1030	25	deductible	deductible	ADJ
ftr-490	1030	26	loss	loss	NOUN
ftr-490	1030	27	.	.	PUNCT
ftr-490	1031	1	45	45	NUM
ftr-490	1031	2	just	just	ADV
ftr-490	1031	3	as	as	ADP
ftr-490	1031	4	in	in	ADP
ftr-490	1031	5	tufts	tuft	NOUN
ftr-490	1031	6	,	,	PUNCT
ftr-490	1031	7	the	the	DET
ftr-490	1031	8	net	net	ADJ
ftr-490	1031	9	anount	anount	PROPN
ftr-490	1031	10	taken	take	VERB
ftr-490	1031	11	into	into	ADP
ftr-490	1031	12	account	account	NOUN
ftr-490	1031	13	for	for	ADP
ftr-490	1031	14	tax	tax	NOUN
ftr-490	1031	15	purposes	purpose	NOUN
ftr-490	1031	16	would	would	AUX
ftr-490	1031	17	have	have	AUX
ftr-490	1031	18	been	be	AUX
ftr-490	1031	19	the	the	DET
ftr-490	1031	20	same	same	ADJ
ftr-490	1031	21	whether	whether	SCONJ
ftr-490	1031	22	the	the	DET
ftr-490	1031	23	collapsed	collapse	VERB
ftr-490	1031	24	approach	approach	NOUN
ftr-490	1031	25	or	or	CCONJ
ftr-490	1031	26	bifurcated	bifurcated	ADJ
ftr-490	1031	27	approach	approach	NOUN
ftr-490	1031	28	controlled	control	VERB
ftr-490	1031	29	.	.	PUNCT
ftr-490	1031	30	'	'	PUNCT
ftr-490	1032	1	6	6	NUM
ftr-490	1032	2	however	however	ADV
ftr-490	1032	3	,	,	PUNCT
ftr-490	1032	4	because	because	SCONJ
ftr-490	1032	5	only	only	ADV
ftr-490	1032	6	the	the	DET
ftr-490	1032	7	bifurcated	bifurcated	ADJ
ftr-490	1032	8	approach	approach	NOUN
ftr-490	1032	9	creates	create	VERB
ftr-490	1032	10	cod	cod	NOUN
ftr-490	1032	11	income	income	NOUN
ftr-490	1032	12	,	,	PUNCT
ftr-490	1032	13	the	the	DET
ftr-490	1032	14	nature	nature	NOUN
ftr-490	1032	15	of	of	ADP
ftr-490	1032	16	the	the	DET
ftr-490	1032	17	debt	debt	NOUN
ftr-490	1032	18	as	as	ADP
ftr-490	1032	19	recourse	recourse	NOUN
ftr-490	1032	20	or	or	CCONJ
ftr-490	1032	21	nonrecourse	nonrecourse	NOUN
ftr-490	1032	22	determined	determine	VERB
ftr-490	1032	23	whether	whether	SCONJ
ftr-490	1032	24	the	the	DET
ftr-490	1032	25	taxpayer	taxpayer	NOUN
ftr-490	1032	26	was	be	AUX
ftr-490	1032	27	entitled	entitle	VERB
ftr-490	1032	28	to	to	ADP
ftr-490	1032	29	deferral	deferral	ADJ
ftr-490	1032	30	of	of	ADP
ftr-490	1032	31	the	the	DET
ftr-490	1032	32	tax	tax	NOUN
ftr-490	1032	33	bill	bill	NOUN
ftr-490	1032	34	on	on	ADP
ftr-490	1032	35	that	that	DET
ftr-490	1032	36	amount	amount	NOUN
ftr-490	1032	37	.	.	PUNCT
ftr-490	1033	1	although	although	SCONJ
ftr-490	1033	2	the	the	DET
ftr-490	1033	3	tax	tax	NOUN
ftr-490	1033	4	court	court	NOUN
ftr-490	1033	5	correctly	correctly	ADV
ftr-490	1033	6	applied	apply	VERB
ftr-490	1033	7	tufts	tuft	NOUN
ftr-490	1033	8	in	in	ADP
ftr-490	1033	9	the	the	DET
ftr-490	1033	10	delman	delman	NOUN
ftr-490	1033	11	case	case	NOUN
ftr-490	1033	12	,	,	PUNCT
ftr-490	1033	13	141	141	NUM
ftr-490	1033	14	.	.	PUNCT
ftr-490	1034	1	see	see	VERB
ftr-490	1034	2	supra	supra	PROPN
ftr-490	1034	3	note	note	PROPN
ftr-490	1034	4	8	8	NUM
ftr-490	1034	5	(	(	PUNCT
ftr-490	1034	6	describing	describe	VERB
ftr-490	1034	7	deferral	deferral	NOUN
ftr-490	1034	8	under	under	ADP
ftr-490	1034	9	section	section	NOUN
ftr-490	1034	10	108(a1	108(a1	NUM
ftr-490	1034	11	)	)	PUNCT
ftr-490	1034	12	.	.	PUNCT
ftr-490	1035	1	142	142	NUM
ftr-490	1035	2	.	.	PUNCT
ftr-490	1036	1	see	see	VERB
ftr-490	1036	2	supra	supra	PROPN
ftr-490	1036	3	notes	note	VERB
ftr-490	1036	4	81	81	NUM
ftr-490	1036	5	-	-	SYM
ftr-490	1036	6	117	117	NUM
ftr-490	1036	7	and	and	CCONJ
ftr-490	1036	8	accompanying	accompany	VERB
ftr-490	1036	9	text	text	NOUN
ftr-490	1036	10	(	(	PUNCT
ftr-490	1036	11	discussing	discuss	VERB
ftr-490	1036	12	the	the	DET
ftr-490	1036	13	overlap	overlap	NOUN
ftr-490	1036	14	of	of	ADP
ftr-490	1036	15	justice	justice	NOUN
ftr-490	1036	16	blackmun	blackmun	PROPN
ftr-490	1036	17	's	's	PART
ftr-490	1036	18	rationale	rationale	NOUN
ftr-490	1036	19	in	in	ADP
ftr-490	1036	20	tufts	tuft	NOUN
ftr-490	1036	21	with	with	ADP
ftr-490	1036	22	cod	cod	NOUN
ftr-490	1036	23	-	-	PUNCT
ftr-490	1036	24	income	income	NOUN
ftr-490	1036	25	theory	theory	NOUN
ftr-490	1036	26	)	)	PUNCT
ftr-490	1036	27	.	.	PUNCT
ftr-490	1037	1	143	143	NUM
ftr-490	1037	2	.	.	PUNCT
ftr-490	1038	1	73	73	NUM
ftr-490	1039	1	t.c	t.c	PROPN
ftr-490	1039	2	.	.	PROPN
ftr-490	1039	3	15	15	NUM
ftr-490	1039	4	(	(	PUNCT
ftr-490	1039	5	1979	1979	NUM
ftr-490	1039	6	)	)	PUNCT
ftr-490	1039	7	.	.	PUNCT
ftr-490	1040	1	144	144	NUM
ftr-490	1040	2	.	.	PUNCT
ftr-490	1041	1	the	the	DET
ftr-490	1041	2	numbers	number	NOUN
ftr-490	1041	3	are	be	AUX
ftr-490	1041	4	rounded	round	VERB
ftr-490	1041	5	for	for	ADP
ftr-490	1041	6	ease	ease	NOUN
ftr-490	1041	7	of	of	ADP
ftr-490	1041	8	discussion	discussion	NOUN
ftr-490	1041	9	.	.	PUNCT
ftr-490	1042	1	145	145	NUM
ftr-490	1042	2	.	.	PUNCT
ftr-490	1043	1	the	the	DET
ftr-490	1043	2	s1,200,000	s1,200,000	ADJ
ftr-490	1043	3	debt	debt	NOUN
ftr-490	1043	4	would	would	AUX
ftr-490	1043	5	be	be	AUX
ftr-490	1043	6	considered	consider	VERB
ftr-490	1043	7	satisfied	satisfied	ADJ
ftr-490	1043	8	with	with	ADP
ftr-490	1043	9	the	the	DET
ftr-490	1043	10	property	property	NOUN
ftr-490	1043	11	valued	value	VERB
ftr-490	1043	12	at	at	ADP
ftr-490	1043	13	$	$	SYM
ftr-490	1043	14	400,000	400,000	NUM
ftr-490	1043	15	,	,	PUNCT
ftr-490	1043	16	producing	produce	VERB
ftr-490	1043	17	$	$	SYM
ftr-490	1043	18	800,000	800,000	NUM
ftr-490	1043	19	of	of	ADP
ftr-490	1043	20	cod	cod	NOUN
ftr-490	1043	21	income	income	NOUN
ftr-490	1043	22	.	.	PUNCT
ftr-490	1044	1	the	the	DET
ftr-490	1044	2	difference	difference	NOUN
ftr-490	1044	3	between	between	ADP
ftr-490	1044	4	the	the	DET
ftr-490	1044	5	value	value	NOUN
ftr-490	1044	6	of	of	ADP
ftr-490	1044	7	the	the	DET
ftr-490	1044	8	property	property	NOUN
ftr-490	1044	9	and	and	CCONJ
ftr-490	1044	10	its	its	PRON
ftr-490	1044	11	adjusted	adjusted	ADJ
ftr-490	1044	12	basis	basis	NOUN
ftr-490	1044	13	would	would	AUX
ftr-490	1044	14	produce	produce	VERB
ftr-490	1044	15	a	a	DET
ftr-490	1044	16	deductible	deductible	ADJ
ftr-490	1044	17	loss	loss	NOUN
ftr-490	1044	18	under	under	ADP
ftr-490	1044	19	sections	section	NOUN
ftr-490	1044	20	1001	1001	NUM
ftr-490	1044	21	and	and	CCONJ
ftr-490	1044	22	165	165	NUM
ftr-490	1044	23	,	,	PUNCT
ftr-490	1044	24	as	as	SCONJ
ftr-490	1044	25	the	the	DET
ftr-490	1044	26	property	property	NOUN
ftr-490	1044	27	was	be	AUX
ftr-490	1044	28	held	hold	VERB
ftr-490	1044	29	for	for	ADP
ftr-490	1044	30	investment	investment	NOUN
ftr-490	1044	31	.	.	PUNCT
ftr-490	1045	1	146	146	NUM
ftr-490	1045	2	.	.	PUNCT
ftr-490	1046	1	see	see	VERB
ftr-490	1046	2	supra	supra	PROPN
ftr-490	1046	3	notes	note	VERB
ftr-490	1046	4	35	35	NUM
ftr-490	1046	5	-	-	SYM
ftr-490	1046	6	36	36	NUM
ftr-490	1046	7	and	and	CCONJ
ftr-490	1046	8	accompanying	accompany	VERB
ftr-490	1046	9	text	text	NOUN
ftr-490	1046	10	.	.	PUNCT
ftr-490	1047	1	just	just	ADV
ftr-490	1047	2	as	as	ADP
ftr-490	1047	3	in	in	ADP
ftr-490	1047	4	tufts	tuft	NOUN
ftr-490	1047	5	,	,	PUNCT
ftr-490	1047	6	however	however	ADV
ftr-490	1047	7	,	,	PUNCT
ftr-490	1047	8	the	the	DET
ftr-490	1047	9	character	character	NOUN
ftr-490	1047	10	of	of	ADP
ftr-490	1047	11	the	the	DET
ftr-490	1047	12	gain	gain	NOUN
ftr-490	1047	13	might	might	AUX
ftr-490	1047	14	have	have	AUX
ftr-490	1047	15	been	be	AUX
ftr-490	1047	16	different	different	ADJ
ftr-490	1047	17	.	.	PUNCT
ftr-490	1048	1	see	see	VERB
ftr-490	1048	2	supra	supra	PROPN
ftr-490	1048	3	notes	note	VERB
ftr-490	1048	4	35	35	NUM
ftr-490	1048	5	-	-	SYM
ftr-490	1048	6	36	36	NUM
ftr-490	1048	7	and	and	CCONJ
ftr-490	1048	8	accompanying	accompany	VERB
ftr-490	1048	9	text	text	NOUN
ftr-490	1048	10	.	.	PUNCT
ftr-490	1049	1	even	even	ADV
ftr-490	1049	2	the	the	DET
ftr-490	1049	3	amount	amount	NOUN
ftr-490	1049	4	would	would	AUX
ftr-490	1049	5	have	have	AUX
ftr-490	1049	6	been	be	AUX
ftr-490	1049	7	different	different	ADJ
ftr-490	1049	8	if	if	SCONJ
ftr-490	1049	9	the	the	DET
ftr-490	1049	10	taxpayer	taxpayer	NOUN
ftr-490	1049	11	had	have	VERB
ftr-490	1049	12	insufficient	insufficient	ADJ
ftr-490	1049	13	tax	tax	NOUN
ftr-490	1049	14	attributes	attribute	NOUN
ftr-490	1049	15	and	and	CCONJ
ftr-490	1049	16	depreciable	depreciable	ADJ
ftr-490	1049	17	property	property	NOUN
ftr-490	1049	18	to	to	PART
ftr-490	1049	19	cover	cover	VERB
ftr-490	1049	20	the	the	DET
ftr-490	1049	21	amount	amount	NOUN
ftr-490	1049	22	of	of	ADP
ftr-490	1049	23	realized	realize	VERB
ftr-490	1049	24	cod	cod	NOUN
ftr-490	1049	25	income	income	NOUN
ftr-490	1049	26	.	.	PUNCT
ftr-490	1050	1	see	see	VERB
ftr-490	1050	2	supra	supra	PROPN
ftr-490	1050	3	note	note	PROPN
ftr-490	1050	4	8	8	NUM
ftr-490	1050	5	.	.	SYM
ftr-490	1050	6	19921	19921	NUM
ftr-490	1051	1	florida	florida	PROPN
ftr-490	1051	2	tax	tax	PROPN
ftr-490	1051	3	review	review	NOUN
ftr-490	1051	4	the	the	DET
ftr-490	1051	5	case	case	NOUN
ftr-490	1051	6	illustrates	illustrate	VERB
ftr-490	1051	7	one	one	NUM
ftr-490	1051	8	of	of	ADP
ftr-490	1051	9	the	the	DET
ftr-490	1051	10	incongruities	incongruity	NOUN
ftr-490	1051	11	produced	produce	VERB
ftr-490	1051	12	by	by	ADP
ftr-490	1051	13	tufts	tuft	NOUN
ftr-490	1051	14	.	.	PUNCT
ftr-490	1052	1	in	in	ADP
ftr-490	1052	2	the	the	DET
ftr-490	1052	3	delman	delman	NOUN
ftr-490	1052	4	situation	situation	NOUN
ftr-490	1052	5	,	,	PUNCT
ftr-490	1052	6	the	the	DET
ftr-490	1052	7	taxpayer	taxpayer	NOUN
ftr-490	1052	8	is	be	AUX
ftr-490	1052	9	insolvent	insolvent	ADJ
ftr-490	1052	10	whether	whether	SCONJ
ftr-490	1052	11	the	the	DET
ftr-490	1052	12	debt	debt	NOUN
ftr-490	1052	13	is	be	AUX
ftr-490	1052	14	recourse	recourse	NOUN
ftr-490	1052	15	or	or	CCONJ
ftr-490	1052	16	nonrecourse	nonrecourse	NOUN
ftr-490	1052	17	;	;	PUNCT
ftr-490	1052	18	the	the	DET
ftr-490	1052	19	accession	accession	NOUN
ftr-490	1052	20	to	to	ADP
ftr-490	1052	21	wealth	wealth	NOUN
ftr-490	1052	22	arises	arise	VERB
ftr-490	1052	23	by	by	ADP
ftr-490	1052	24	reason	reason	NOUN
ftr-490	1052	25	of	of	ADP
ftr-490	1052	26	debt	debt	NOUN
ftr-490	1052	27	cancellation	cancellation	NOUN
ftr-490	1052	28	whether	whether	SCONJ
ftr-490	1052	29	the	the	DET
ftr-490	1052	30	debt	debt	NOUN
ftr-490	1052	31	is	be	AUX
ftr-490	1052	32	recourse	recourse	NOUN
ftr-490	1052	33	or	or	CCONJ
ftr-490	1052	34	nonrecourse	nonrecourse	NOUN
ftr-490	1052	35	;	;	PUNCT
ftr-490	1052	36	but	but	CCONJ
ftr-490	1052	37	if	if	SCONJ
ftr-490	1052	38	the	the	DET
ftr-490	1052	39	debt	debt	NOUN
ftr-490	1052	40	is	be	AUX
ftr-490	1052	41	recourse	recourse	NOUN
ftr-490	1052	42	,	,	PUNCT
ftr-490	1052	43	the	the	DET
ftr-490	1052	44	tax	tax	NOUN
ftr-490	1052	45	bill	bill	NOUN
ftr-490	1052	46	is	be	AUX
ftr-490	1052	47	deferred	defer	VERB
ftr-490	1052	48	,	,	PUNCT
ftr-490	1052	49	while	while	SCONJ
ftr-490	1052	50	if	if	SCONJ
ftr-490	1052	51	the	the	DET
ftr-490	1052	52	debt	debt	NOUN
ftr-490	1052	53	is	be	AUX
ftr-490	1052	54	nonrecourse	nonrecourse	NOUN
ftr-490	1052	55	,	,	PUNCT
ftr-490	1052	56	the	the	DET
ftr-490	1052	57	bill	bill	NOUN
ftr-490	1052	58	is	be	AUX
ftr-490	1052	59	not	not	PART
ftr-490	1052	60	deferred	defer	VERB
ftr-490	1052	61	.	.	PUNCT
ftr-490	1053	1	it	it	PRON
ftr-490	1053	2	seems	seem	VERB
ftr-490	1053	3	that	that	SCONJ
ftr-490	1053	4	horizontal	horizontal	ADJ
ftr-490	1053	5	equity	equity	NOUN
ftr-490	1053	6	"	"	PUNCT
ftr-490	1053	7	7	7	NUM
ftr-490	1053	8	is	be	AUX
ftr-490	1053	9	violated	violate	VERB
ftr-490	1053	10	for	for	ADP
ftr-490	1053	11	no	no	DET
ftr-490	1053	12	justifiable	justifiable	ADJ
ftr-490	1053	13	reason	reason	NOUN
ftr-490	1053	14	unless	unless	SCONJ
ftr-490	1053	15	there	there	PRON
ftr-490	1053	16	is	be	VERB
ftr-490	1053	17	a	a	DET
ftr-490	1053	18	satisfactory	satisfactory	ADJ
ftr-490	1053	19	conceptual	conceptual	ADJ
ftr-490	1053	20	justification	justification	NOUN
ftr-490	1053	21	for	for	ADP
ftr-490	1053	22	viewing	view	VERB
ftr-490	1053	23	nonrecourse	nonrecourse	NOUN
ftr-490	1053	24	debt	debt	NOUN
ftr-490	1053	25	at	at	ADP
ftr-490	1053	26	the	the	DET
ftr-490	1053	27	point	point	NOUN
ftr-490	1053	28	of	of	ADP
ftr-490	1053	29	transfer	transfer	NOUN
ftr-490	1053	30	as	as	ADP
ftr-490	1053	31	part	part	NOUN
ftr-490	1053	32	of	of	ADP
ftr-490	1053	33	the	the	DET
ftr-490	1053	34	ownership	ownership	NOUN
ftr-490	1053	35	interest	interest	NOUN
ftr-490	1053	36	in	in	ADP
ftr-490	1053	37	the	the	DET
ftr-490	1053	38	underlying	underlie	VERB
ftr-490	1053	39	property	property	NOUN
ftr-490	1053	40	,	,	PUNCT
ftr-490	1053	41	while	while	SCONJ
ftr-490	1053	42	at	at	ADP
ftr-490	1053	43	the	the	DET
ftr-490	1053	44	same	same	ADJ
ftr-490	1053	45	time	time	NOUN
ftr-490	1053	46	viewing	view	VERB
ftr-490	1053	47	recourse	recourse	NOUN
ftr-490	1053	48	debt	debt	NOUN
ftr-490	1053	49	at	at	ADP
ftr-490	1053	50	the	the	DET
ftr-490	1053	51	point	point	NOUN
ftr-490	1053	52	of	of	ADP
ftr-490	1053	53	transfer	transfer	NOUN
ftr-490	1053	54	as	as	ADV
ftr-490	1053	55	separate	separate	ADJ
ftr-490	1053	56	from	from	ADP
ftr-490	1053	57	the	the	DET
ftr-490	1053	58	underlying	underlying	ADJ
ftr-490	1053	59	property	property	NOUN
ftr-490	1053	60	,	,	PUNCT
ftr-490	1053	61	as	as	ADV
ftr-490	1053	62	well	well	ADV
ftr-490	1053	63	as	as	ADP
ftr-490	1053	64	viewing	view	VERB
ftr-490	1053	65	nonrecourse	nonrecourse	NOUN
ftr-490	1053	66	debt	debt	NOUN
ftr-490	1053	67	at	at	ADP
ftr-490	1053	68	all	all	DET
ftr-490	1053	69	times	time	NOUN
ftr-490	1053	70	prior	prior	ADV
ftr-490	1053	71	to	to	ADP
ftr-490	1053	72	the	the	DET
ftr-490	1053	73	point	point	NOUN
ftr-490	1053	74	of	of	ADP
ftr-490	1053	75	transfer	transfer	NOUN
ftr-490	1053	76	as	as	ADV
ftr-490	1053	77	separate	separate	ADJ
ftr-490	1053	78	from	from	ADP
ftr-490	1053	79	the	the	DET
ftr-490	1053	80	underlying	underlie	VERB
ftr-490	1053	81	property.1	property.1	NOUN
ftr-490	1053	82	48	48	NUM
ftr-490	1053	83	the	the	DET
ftr-490	1053	84	difference	difference	NOUN
ftr-490	1053	85	in	in	ADP
ftr-490	1053	86	treatment	treatment	NOUN
ftr-490	1053	87	encourages	encourage	VERB
ftr-490	1053	88	the	the	DET
ftr-490	1053	89	structuring	structuring	NOUN
ftr-490	1053	90	of	of	ADP
ftr-490	1053	91	transactions	transaction	NOUN
ftr-490	1053	92	that	that	PRON
ftr-490	1053	93	differ	differ	VERB
ftr-490	1053	94	in	in	ADP
ftr-490	1053	95	form	form	NOUN
ftr-490	1053	96	but	but	CCONJ
ftr-490	1053	97	not	not	PART
ftr-490	1053	98	substance	substance	NOUN
ftr-490	1053	99	'	'	PUNCT
ftr-490	1053	100	49	49	NUM
ftr-490	1053	101	-	-	SYM
ftr-490	1053	102	a	a	DET
ftr-490	1053	103	boon	boon	NOUN
ftr-490	1053	104	perhaps	perhaps	ADV
ftr-490	1053	105	to	to	ADP
ftr-490	1053	106	tax	tax	NOUN
ftr-490	1053	107	lawyers	lawyer	NOUN
ftr-490	1053	108	advising	advise	VERB
ftr-490	1053	109	their	their	PRON
ftr-490	1053	110	clients	client	NOUN
ftr-490	1053	111	but	but	CCONJ
ftr-490	1053	112	at	at	ADP
ftr-490	1053	113	the	the	DET
ftr-490	1053	114	least	least	ADJ
ftr-490	1053	115	unsettling	unsettling	ADJ
ftr-490	1053	116	to	to	ADP
ftr-490	1053	117	those	those	PRON
ftr-490	1053	118	who	who	PRON
ftr-490	1053	119	believe	believe	VERB
ftr-490	1053	120	that	that	SCONJ
ftr-490	1053	121	disparate	disparate	ADJ
ftr-490	1053	122	treatment	treatment	NOUN
ftr-490	1053	123	should	should	AUX
ftr-490	1053	124	be	be	AUX
ftr-490	1053	125	soundly	soundly	ADV
ftr-490	1053	126	based	base	VERB
ftr-490	1053	127	in	in	ADP
ftr-490	1053	128	theory	theory	NOUN
ftr-490	1053	129	.	.	PUNCT
ftr-490	1054	1	witt	witt	PROPN
ftr-490	1054	2	and	and	CCONJ
ftr-490	1054	3	lyons	lyons	PROPN
ftr-490	1054	4	advise	advise	VERB
ftr-490	1054	5	that	that	SCONJ
ftr-490	1054	6	[	[	X
ftr-490	1054	7	i]f	i]f	ADP
ftr-490	1054	8	the	the	DET
ftr-490	1054	9	nonrecourse	nonrecourse	NOUN
ftr-490	1054	10	debt	debt	NOUN
ftr-490	1054	11	is	be	AUX
ftr-490	1054	12	to	to	PART
ftr-490	1054	13	be	be	AUX
ftr-490	1054	14	discharged	discharge	VERB
ftr-490	1054	15	in	in	ADP
ftr-490	1054	16	full	full	ADJ
ftr-490	1054	17	as	as	ADP
ftr-490	1054	18	a	a	DET
ftr-490	1054	19	result	result	NOUN
ftr-490	1054	20	of	of	ADP
ftr-490	1054	21	the	the	DET
ftr-490	1054	22	transfer	transfer	NOUN
ftr-490	1054	23	of	of	ADP
ftr-490	1054	24	the	the	DET
ftr-490	1054	25	collateral	collateral	NOUN
ftr-490	1054	26	back	back	ADV
ftr-490	1054	27	to	to	ADP
ftr-490	1054	28	the	the	DET
ftr-490	1054	29	lender	lender	NOUN
ftr-490	1054	30	,	,	PUNCT
ftr-490	1054	31	then	then	ADV
ftr-490	1054	32	an	an	DET
ftr-490	1054	33	insolvent	insolvent	ADJ
ftr-490	1054	34	taxpayer	taxpayer	NOUN
ftr-490	1054	35	might	might	AUX
ftr-490	1054	36	consider	consider	VERB
ftr-490	1054	37	(	(	PUNCT
ftr-490	1054	38	1	1	X
ftr-490	1054	39	)	)	PUNCT
ftr-490	1054	40	converting	convert	VERB
ftr-490	1054	41	a	a	DET
ftr-490	1054	42	nonrecourse	nonrecourse	NOUN
ftr-490	1054	43	debt	debt	NOUN
ftr-490	1054	44	into	into	ADP
ftr-490	1054	45	a	a	DET
ftr-490	1054	46	recourse	recourse	NOUN
ftr-490	1054	47	debt	debt	NOUN
ftr-490	1054	48	prior	prior	ADV
ftr-490	1054	49	to	to	ADP
ftr-490	1054	50	the	the	DET
ftr-490	1054	51	disposition	disposition	NOUN
ftr-490	1054	52	of	of	ADP
ftr-490	1054	53	the	the	DET
ftr-490	1054	54	collateral	collateral	NOUN
ftr-490	1054	55	;	;	PUNCT
ftr-490	1054	56	(	(	PUNCT
ftr-490	1054	57	2	2	X
ftr-490	1054	58	)	)	PUNCT
ftr-490	1054	59	selling	sell	VERB
ftr-490	1054	60	the	the	DET
ftr-490	1054	61	collateral	collateral	NOUN
ftr-490	1054	62	with	with	ADP
ftr-490	1054	63	the	the	DET
ftr-490	1054	64	lender	lender	NOUN
ftr-490	1054	65	's	's	PART
ftr-490	1054	66	consent	consent	NOUN
ftr-490	1054	67	and	and	CCONJ
ftr-490	1054	68	cooperation	cooperation	NOUN
ftr-490	1054	69	and	and	CCONJ
ftr-490	1054	70	using	use	VERB
ftr-490	1054	71	the	the	DET
ftr-490	1054	72	proceeds	proceed	NOUN
ftr-490	1054	73	to	to	PART
ftr-490	1054	74	satisfy	satisfy	VERB
ftr-490	1054	75	the	the	DET
ftr-490	1054	76	nonrecourse	nonrecourse	NOUN
ftr-490	1054	77	debt	debt	NOUN
ftr-490	1054	78	;	;	PUNCT
ftr-490	1054	79	or	or	CCONJ
ftr-490	1054	80	(	(	PUNCT
ftr-490	1054	81	3	3	X
ftr-490	1054	82	)	)	PUNCT
ftr-490	1054	83	discharging	discharge	VERB
ftr-490	1054	84	a	a	DET
ftr-490	1054	85	portion	portion	NOUN
ftr-490	1054	86	of	of	ADP
ftr-490	1054	87	the	the	DET
ftr-490	1054	88	debt	debt	NOUN
ftr-490	1054	89	by	by	ADP
ftr-490	1054	90	making	make	VERB
ftr-490	1054	91	a	a	DET
ftr-490	1054	92	cash	cash	NOUN
ftr-490	1054	93	payment	payment	NOUN
ftr-490	1054	94	on	on	ADP
ftr-490	1054	95	the	the	DET
ftr-490	1054	96	debt	debt	NOUN
ftr-490	1054	97	and	and	CCONJ
ftr-490	1054	98	then	then	ADV
ftr-490	1054	99	transferring	transfer	VERB
ftr-490	1054	100	the	the	DET
ftr-490	1054	101	property	property	NOUN
ftr-490	1054	102	to	to	ADP
ftr-490	1054	103	the	the	DET
ftr-490	1054	104	original	original	ADJ
ftr-490	1054	105	lender	lender	NOUN
ftr-490	1054	106	.	.	PUNCT
ftr-490	1055	1	the	the	DET
ftr-490	1055	2	third	third	ADJ
ftr-490	1055	3	alternative	alternative	NOUN
ftr-490	1055	4	should	should	AUX
ftr-490	1055	5	prevent	prevent	VERB
ftr-490	1055	6	classification	classification	NOUN
ftr-490	1055	7	of	of	ADP
ftr-490	1055	8	the	the	DET
ftr-490	1055	9	transaction	transaction	NOUN
ftr-490	1055	10	as	as	ADP
ftr-490	1055	11	a	a	DET
ftr-490	1055	12	sale	sale	NOUN
ftr-490	1055	13	of	of	ADP
ftr-490	1055	14	the	the	DET
ftr-490	1055	15	collateral	collateral	NOUN
ftr-490	1055	16	because	because	SCONJ
ftr-490	1055	17	the	the	DET
ftr-490	1055	18	taxpayer	taxpayer	NOUN
ftr-490	1055	19	has	have	AUX
ftr-490	1055	20	not	not	PART
ftr-490	1055	21	satisfied	satisfy	VERB
ftr-490	1055	22	the	the	DET
ftr-490	1055	23	nonrecourse	nonrecourse	NOUN
ftr-490	1055	24	debt	debt	NOUN
ftr-490	1055	25	according	accord	VERB
ftr-490	1055	26	to	to	ADP
ftr-490	1055	27	its	its	PRON
ftr-490	1055	28	terms	term	NOUN
ftr-490	1055	29	.	.	PUNCT
ftr-490	1056	1	thus	thus	ADV
ftr-490	1056	2	,	,	PUNCT
ftr-490	1056	3	the	the	DET
ftr-490	1056	4	justification	justification	NOUN
ftr-490	1056	5	...	...	PUNCT
ftr-490	1056	6	for	for	ADP
ftr-490	1056	7	treating	treat	VERB
ftr-490	1056	8	the	the	DET
ftr-490	1056	9	transfer	transfer	NOUN
ftr-490	1056	10	of	of	ADP
ftr-490	1056	11	collateral	collateral	NOUN
ftr-490	1056	12	to	to	ADP
ftr-490	1056	13	the	the	DET
ftr-490	1056	14	lender	lender	NOUN
ftr-490	1056	15	in	in	ADP
ftr-490	1056	16	satisfaction	satisfaction	NOUN
ftr-490	1056	17	of	of	ADP
ftr-490	1056	18	nonrecourse	nonrecourse	NOUN
ftr-490	1056	19	debt	debt	NOUN
ftr-490	1056	20	as	as	ADP
ftr-490	1056	21	a	a	DET
ftr-490	1056	22	sale	sale	NOUN
ftr-490	1056	23	of	of	ADP
ftr-490	1056	24	the	the	DET
ftr-490	1056	25	collateral	collateral	NOUN
ftr-490	1056	26	does	do	VERB
ftr-490	1056	27	not	not	PART
ftr-490	1056	28	147	147	NUM
ftr-490	1056	29	.	.	PUNCT
ftr-490	1057	1	"	"	PUNCT
ftr-490	1057	2	horizontal	horizontal	ADJ
ftr-490	1057	3	equity	equity	NOUN
ftr-490	1057	4	"	"	PUNCT
ftr-490	1057	5	refers	refer	VERB
ftr-490	1057	6	to	to	ADP
ftr-490	1057	7	the	the	DET
ftr-490	1057	8	maxim	maxim	NOUN
ftr-490	1057	9	that	that	PRON
ftr-490	1057	10	similarly	similarly	ADV
ftr-490	1057	11	situated	situate	VERB
ftr-490	1057	12	taxpayers	taxpayer	NOUN
ftr-490	1057	13	ought	ought	AUX
ftr-490	1057	14	to	to	PART
ftr-490	1057	15	be	be	AUX
ftr-490	1057	16	taxed	tax	VERB
ftr-490	1057	17	similarly	similarly	ADV
ftr-490	1057	18	.	.	PUNCT
ftr-490	1058	1	148	148	NUM
ftr-490	1058	2	.	.	PUNCT
ftr-490	1059	1	see	see	VERB
ftr-490	1059	2	supra	supra	PROPN
ftr-490	1059	3	notes	note	VERB
ftr-490	1059	4	137	137	NUM
ftr-490	1059	5	-	-	SYM
ftr-490	1059	6	38	38	NUM
ftr-490	1059	7	and	and	CCONJ
ftr-490	1059	8	accompanying	accompany	VERB
ftr-490	1059	9	text	text	NOUN
ftr-490	1059	10	(	(	PUNCT
ftr-490	1059	11	discussing	discuss	VERB
ftr-490	1059	12	the	the	DET
ftr-490	1059	13	differing	differ	VERB
ftr-490	1059	14	conceptual	conceptual	ADJ
ftr-490	1059	15	approaches	approach	NOUN
ftr-490	1059	16	apparent	apparent	ADJ
ftr-490	1059	17	in	in	ADP
ftr-490	1059	18	the	the	DET
ftr-490	1059	19	collapsed	collapsed	ADJ
ftr-490	1059	20	approach	approach	NOUN
ftr-490	1059	21	on	on	ADP
ftr-490	1059	22	the	the	DET
ftr-490	1059	23	one	one	NUM
ftr-490	1059	24	hand	hand	NOUN
ftr-490	1059	25	and	and	CCONJ
ftr-490	1059	26	both	both	CCONJ
ftr-490	1059	27	the	the	DET
ftr-490	1059	28	bifurcated	bifurcated	ADJ
ftr-490	1059	29	approach	approach	NOUN
ftr-490	1059	30	and	and	CCONJ
ftr-490	1059	31	the	the	DET
ftr-490	1059	32	approach	approach	NOUN
ftr-490	1059	33	of	of	ADP
ftr-490	1059	34	revenue	revenue	NOUN
ftr-490	1059	35	ruling	rule	VERB
ftr-490	1059	36	91	91	NUM
ftr-490	1059	37	-	-	SYM
ftr-490	1059	38	31	31	NUM
ftr-490	1059	39	,	,	PUNCT
ftr-490	1059	40	1991	1991	NUM
ftr-490	1059	41	-	-	SYM
ftr-490	1059	42	1	1	NUM
ftr-490	1059	43	c.b	c.b	PROPN
ftr-490	1059	44	.	.	PROPN
ftr-490	1059	45	19	19	NUM
ftr-490	1059	46	,	,	PUNCT
ftr-490	1059	47	on	on	ADP
ftr-490	1059	48	the	the	DET
ftr-490	1059	49	other	other	ADJ
ftr-490	1059	50	)	)	PUNCT
ftr-490	1059	51	.	.	PUNCT
ftr-490	1060	1	149	149	NUM
ftr-490	1060	2	.	.	PUNCT
ftr-490	1061	1	witt	witt	PROPN
ftr-490	1061	2	and	and	CCONJ
ftr-490	1061	3	lyons	lyons	PROPN
ftr-490	1061	4	have	have	AUX
ftr-490	1061	5	(	(	PUNCT
ftr-490	1061	6	euphemistically	euphemistically	ADV
ftr-490	1061	7	?	?	PUNCT
ftr-490	1061	8	)	)	PUNCT
ftr-490	1061	9	referred	refer	VERB
ftr-490	1061	10	to	to	ADP
ftr-490	1061	11	the	the	DET
ftr-490	1061	12	ability	ability	NOUN
ftr-490	1061	13	to	to	PART
ftr-490	1061	14	structure	structure	VERB
ftr-490	1061	15	a	a	DET
ftr-490	1061	16	transaction	transaction	NOUN
ftr-490	1061	17	to	to	PART
ftr-490	1061	18	suit	suit	VERB
ftr-490	1061	19	these	these	DET
ftr-490	1061	20	disparate	disparate	ADJ
ftr-490	1061	21	tax	tax	NOUN
ftr-490	1061	22	results	result	NOUN
ftr-490	1061	23	as	as	ADP
ftr-490	1061	24	a	a	DET
ftr-490	1061	25	"	"	PUNCT
ftr-490	1061	26	planning	planning	NOUN
ftr-490	1061	27	opportunity	opportunity	NOUN
ftr-490	1061	28	.	.	PUNCT
ftr-490	1061	29	"	"	PUNCT
ftr-490	1062	1	see	see	VERB
ftr-490	1062	2	witt	witt	PROPN
ftr-490	1062	3	&	&	CCONJ
ftr-490	1062	4	lyons	lyons	PROPN
ftr-490	1062	5	,	,	PUNCT
ftr-490	1062	6	supra	supra	PROPN
ftr-490	1062	7	note	note	PROPN
ftr-490	1062	8	8	8	NUM
ftr-490	1062	9	,	,	PUNCT
ftr-490	1062	10	at	at	ADP
ftr-490	1062	11	61	61	NUM
ftr-490	1062	12	.	.	PUNCT
ftr-490	1063	1	professor	professor	NOUN
ftr-490	1063	2	shaviro	shaviro	VERB
ftr-490	1063	3	labels	label	NOUN
ftr-490	1063	4	as	as	ADP
ftr-490	1063	5	"	"	PUNCT
ftr-490	1063	6	tax	tax	NOUN
ftr-490	1063	7	overhead	overhead	ADJ
ftr-490	1063	8	costs	cost	NOUN
ftr-490	1063	9	"	"	PUNCT
ftr-490	1063	10	or	or	CCONJ
ftr-490	1063	11	"	"	PUNCT
ftr-490	1063	12	deadweight	deadweight	ADJ
ftr-490	1063	13	costs	cost	NOUN
ftr-490	1063	14	"	"	PUNCT
ftr-490	1063	15	the	the	DET
ftr-490	1063	16	increased	increase	VERB
ftr-490	1063	17	resources	resource	NOUN
ftr-490	1063	18	devoted	devote	VERB
ftr-490	1063	19	to	to	ADP
ftr-490	1063	20	tax	tax	NOUN
ftr-490	1063	21	planning	planning	NOUN
ftr-490	1063	22	,	,	PUNCT
ftr-490	1063	23	compliance	compliance	NOUN
ftr-490	1063	24	,	,	PUNCT
ftr-490	1063	25	and	and	CCONJ
ftr-490	1063	26	administration	administration	NOUN
ftr-490	1063	27	stemming	stem	VERB
ftr-490	1063	28	from	from	ADP
ftr-490	1063	29	tax	tax	NOUN
ftr-490	1063	30	rules	rule	NOUN
ftr-490	1063	31	that	that	PRON
ftr-490	1063	32	may	may	AUX
ftr-490	1063	33	not	not	PART
ftr-490	1063	34	be	be	AUX
ftr-490	1063	35	soundly	soundly	ADV
ftr-490	1063	36	based	base	VERB
ftr-490	1063	37	.	.	PUNCT
ftr-490	1064	1	see	see	VERB
ftr-490	1064	2	shaviro	shaviro	NOUN
ftr-490	1064	3	,	,	PUNCT
ftr-490	1064	4	supra	supra	NOUN
ftr-490	1064	5	note	note	NOUN
ftr-490	1064	6	9	9	NUM
ftr-490	1064	7	,	,	PUNCT
ftr-490	1064	8	at	at	ADP
ftr-490	1064	9	437	437	NUM
ftr-490	1064	10	.	.	PUNCT
ftr-490	1065	1	[	[	X
ftr-490	1065	2	vol	vol	NOUN
ftr-490	1065	3	1:3	1:3	NUM
ftr-490	1065	4	tufts	tuft	NOUN
ftr-490	1065	5	and	and	CCONJ
ftr-490	1065	6	the	the	DET
ftr-490	1065	7	evolution	evolution	NOUN
ftr-490	1065	8	of	of	ADP
ftr-490	1065	9	debt	debt	NOUN
ftr-490	1065	10	-	-	PUNCT
ftr-490	1065	11	discharge	discharge	NOUN
ftr-490	1065	12	theory	theory	NOUN
ftr-490	1065	13	exist	exist	VERB
ftr-490	1065	14	50	50	NUM
ftr-490	1065	15	the	the	DET
ftr-490	1065	16	first	first	ADJ
ftr-490	1065	17	of	of	ADP
ftr-490	1065	18	these	these	DET
ftr-490	1065	19	"	"	PUNCT
ftr-490	1065	20	planning	planning	NOUN
ftr-490	1065	21	opportunities	opportunity	NOUN
ftr-490	1065	22	"	"	PUNCT
ftr-490	1065	23	'	'	PUNCT
ftr-490	1065	24	"	"	PUNCT
ftr-490	1065	25	'	'	PUNCT
ftr-490	1065	26	described	describe	VERB
ftr-490	1065	27	by	by	ADP
ftr-490	1065	28	witt	witt	PROPN
ftr-490	1065	29	and	and	CCONJ
ftr-490	1065	30	lyons	lyons	PROPN
ftr-490	1065	31	arises	arise	VERB
ftr-490	1065	32	because	because	SCONJ
ftr-490	1065	33	of	of	ADP
ftr-490	1065	34	the	the	DET
ftr-490	1065	35	dichotomous	dichotomous	ADJ
ftr-490	1065	36	approaches	approach	NOUN
ftr-490	1065	37	to	to	PART
ftr-490	1065	38	nonrecourse	nonrecourse	VERB
ftr-490	1065	39	debt	debt	NOUN
ftr-490	1065	40	and	and	CCONJ
ftr-490	1065	41	recourse	recourse	VERB
ftr-490	1065	42	debt	debt	NOUN
ftr-490	1065	43	in	in	ADP
ftr-490	1065	44	the	the	DET
ftr-490	1065	45	transfer	transfer	NOUN
ftr-490	1065	46	context	context	NOUN
ftr-490	1065	47	.	.	PUNCT
ftr-490	1066	1	whether	whether	SCONJ
ftr-490	1066	2	the	the	DET
ftr-490	1066	3	debt	debt	NOUN
ftr-490	1066	4	is	be	AUX
ftr-490	1066	5	considered	consider	VERB
ftr-490	1066	6	recourse	recourse	NOUN
ftr-490	1066	7	or	or	CCONJ
ftr-490	1066	8	nonrecourse	nonrecourse	NOUN
ftr-490	1066	9	in	in	ADP
ftr-490	1066	10	this	this	DET
ftr-490	1066	11	context	context	NOUN
ftr-490	1066	12	proves	prove	VERB
ftr-490	1066	13	to	to	PART
ftr-490	1066	14	be	be	AUX
ftr-490	1066	15	crucial	crucial	ADJ
ftr-490	1066	16	,	,	PUNCT
ftr-490	1066	17	as	as	ADP
ftr-490	1066	18	in	in	ADP
ftr-490	1066	19	the	the	DET
ftr-490	1066	20	delman	delman	NOUN
ftr-490	1066	21	case.152	case.152	PROPN
ftr-490	1066	22	if	if	SCONJ
ftr-490	1066	23	the	the	DET
ftr-490	1066	24	bifurcated	bifurcated	ADJ
ftr-490	1066	25	approach	approach	NOUN
ftr-490	1066	26	were	be	AUX
ftr-490	1066	27	applied	apply	VERB
ftr-490	1066	28	to	to	ADP
ftr-490	1066	29	nonrecourse	nonrecourse	NOUN
ftr-490	1066	30	debt	debt	NOUN
ftr-490	1066	31	as	as	ADV
ftr-490	1066	32	well	well	ADV
ftr-490	1066	33	150	150	NUM
ftr-490	1066	34	.	.	PUNCT
ftr-490	1067	1	witt	witt	PROPN
ftr-490	1067	2	&	&	CCONJ
ftr-490	1067	3	lyons	lyons	PROPN
ftr-490	1067	4	,	,	PUNCT
ftr-490	1067	5	supra	supra	PROPN
ftr-490	1067	6	note	note	PROPN
ftr-490	1067	7	8	8	NUM
ftr-490	1067	8	,	,	PUNCT
ftr-490	1067	9	at	at	ADP
ftr-490	1067	10	61	61	NUM
ftr-490	1067	11	.	.	PUNCT
ftr-490	1068	1	witt	witt	PROPN
ftr-490	1068	2	and	and	CCONJ
ftr-490	1068	3	lyons	lyons	PROPN
ftr-490	1068	4	exemplify	exemplify	VERB
ftr-490	1068	5	the	the	DET
ftr-490	1068	6	benefits	benefit	NOUN
ftr-490	1068	7	of	of	ADP
ftr-490	1068	8	these	these	DET
ftr-490	1068	9	alternatives	alternative	NOUN
ftr-490	1068	10	with	with	ADP
ftr-490	1068	11	the	the	DET
ftr-490	1068	12	following	follow	VERB
ftr-490	1068	13	example	example	NOUN
ftr-490	1068	14	.	.	PUNCT
ftr-490	1069	1	donald	donald	PROPN
ftr-490	1069	2	debtor	debtor	PROPN
ftr-490	1069	3	purchases	purchase	VERB
ftr-490	1069	4	a	a	DET
ftr-490	1069	5	building	building	NOUN
ftr-490	1069	6	,	,	PUNCT
ftr-490	1069	7	giving	give	VERB
ftr-490	1069	8	the	the	DET
ftr-490	1069	9	seller	seller	NOUN
ftr-490	1069	10	a	a	DET
ftr-490	1069	11	nonrecourse	nonrecourse	NOUN
ftr-490	1069	12	note	note	NOUN
ftr-490	1069	13	for	for	ADP
ftr-490	1069	14	$	$	SYM
ftr-490	1069	15	20,000	20,000	NUM
ftr-490	1069	16	.	.	PUNCT
ftr-490	1070	1	in	in	ADP
ftr-490	1070	2	1990	1990	NUM
ftr-490	1070	3	,	,	PUNCT
ftr-490	1070	4	the	the	DET
ftr-490	1070	5	note	note	NOUN
ftr-490	1070	6	remains	remain	VERB
ftr-490	1070	7	unpaid	unpaid	ADJ
ftr-490	1070	8	and	and	CCONJ
ftr-490	1070	9	the	the	DET
ftr-490	1070	10	building	building	NOUN
ftr-490	1070	11	has	have	VERB
ftr-490	1070	12	a	a	DET
ftr-490	1070	13	fair	fair	ADJ
ftr-490	1070	14	market	market	NOUN
ftr-490	1070	15	value	value	NOUN
ftr-490	1070	16	of	of	ADP
ftr-490	1070	17	$	$	SYM
ftr-490	1070	18	15,000	15,000	NUM
ftr-490	1070	19	and	and	CCONJ
ftr-490	1070	20	an	an	DET
ftr-490	1070	21	adjusted	adjusted	ADJ
ftr-490	1070	22	basis	basis	NOUN
ftr-490	1070	23	to	to	ADP
ftr-490	1070	24	debtor	debtor	NOUN
ftr-490	1070	25	of	of	ADP
ftr-490	1070	26	s16,000	s16,000	PROPN
ftr-490	1070	27	.	.	PUNCT
ftr-490	1071	1	if	if	SCONJ
ftr-490	1071	2	debtor	debtor	NOUN
ftr-490	1071	3	transfers	transfer	VERB
ftr-490	1071	4	the	the	DET
ftr-490	1071	5	building	building	NOUN
ftr-490	1071	6	back	back	ADV
ftr-490	1071	7	to	to	ADP
ftr-490	1071	8	the	the	DET
ftr-490	1071	9	original	original	ADJ
ftr-490	1071	10	seller	seller	NOUN
ftr-490	1071	11	,	,	PUNCT
ftr-490	1071	12	the	the	DET
ftr-490	1071	13	service	service	NOUN
ftr-490	1071	14	would	would	AUX
ftr-490	1071	15	treat	treat	VERB
ftr-490	1071	16	the	the	DET
ftr-490	1071	17	transfer	transfer	NOUN
ftr-490	1071	18	as	as	ADP
ftr-490	1071	19	a	a	DET
ftr-490	1071	20	sale	sale	NOUN
ftr-490	1071	21	of	of	ADP
ftr-490	1071	22	the	the	DET
ftr-490	1071	23	building	building	NOUN
ftr-490	1071	24	and	and	CCONJ
ftr-490	1071	25	debtor	debtor	NOUN
ftr-490	1071	26	would	would	AUX
ftr-490	1071	27	realize	realize	VERB
ftr-490	1071	28	and	and	CCONJ
ftr-490	1071	29	recognize	recognize	VERB
ftr-490	1071	30	$	$	SYM
ftr-490	1071	31	4,000	4,000	NUM
ftr-490	1071	32	of	of	ADP
ftr-490	1071	33	gain	gain	NOUN
ftr-490	1071	34	...	...	PUNCT
ftr-490	1071	35	,	,	PUNCT
ftr-490	1071	36	none	none	NOUN
ftr-490	1071	37	of	of	ADP
ftr-490	1071	38	which	which	PRON
ftr-490	1071	39	would	would	AUX
ftr-490	1071	40	be	be	AUX
ftr-490	1071	41	eligible	eligible	ADJ
ftr-490	1071	42	for	for	ADP
ftr-490	1071	43	exclusion	exclusion	NOUN
ftr-490	1071	44	under	under	ADP
ftr-490	1071	45	section	section	NOUN
ftr-490	1071	46	108	108	NUM
ftr-490	1071	47	.	.	PUNCT
ftr-490	1072	1	to	to	PART
ftr-490	1072	2	avoid	avoid	VERB
ftr-490	1072	3	this	this	DET
ftr-490	1072	4	result	result	NOUN
ftr-490	1072	5	.	.	PUNCT
ftr-490	1073	1	debtor	debtor	NOUN
ftr-490	1073	2	should	should	AUX
ftr-490	1073	3	consider	consider	VERB
ftr-490	1073	4	the	the	DET
ftr-490	1073	5	following	following	ADJ
ftr-490	1073	6	alternatives	alternative	NOUN
ftr-490	1073	7	:	:	PUNCT
ftr-490	1073	8	(	(	PUNCT
ftr-490	1073	9	1	1	X
ftr-490	1073	10	)	)	PUNCT
ftr-490	1073	11	convert	convert	VERB
ftr-490	1073	12	the	the	DET
ftr-490	1073	13	nonrecourse	nonrecourse	NOUN
ftr-490	1073	14	debt	debt	NOUN
ftr-490	1073	15	to	to	PART
ftr-490	1073	16	recourse	recourse	VERB
ftr-490	1073	17	debt	debt	NOUN
ftr-490	1073	18	.	.	PUNCT
ftr-490	1074	1	then	then	ADV
ftr-490	1074	2	transfer	transfer	VERB
ftr-490	1074	3	the	the	DET
ftr-490	1074	4	building	building	NOUN
ftr-490	1074	5	to	to	ADP
ftr-490	1074	6	the	the	DET
ftr-490	1074	7	original	original	ADJ
ftr-490	1074	8	seller	seller	NOUN
ftr-490	1074	9	in	in	ADP
ftr-490	1074	10	satisfaction	satisfaction	NOUN
ftr-490	1074	11	of	of	ADP
ftr-490	1074	12	the	the	DET
ftr-490	1074	13	debt	debt	NOUN
ftr-490	1074	14	.	.	PUNCT
ftr-490	1075	1	under	under	ADP
ftr-490	1075	2	the	the	DET
ftr-490	1075	3	regulations	regulation	NOUN
ftr-490	1075	4	,	,	PUNCT
ftr-490	1075	5	debtor	debtor	NOUN
ftr-490	1075	6	would	would	AUX
ftr-490	1075	7	have	have	VERB
ftr-490	1075	8	to	to	PART
ftr-490	1075	9	bifurcate	bifurcate	VERB
ftr-490	1075	10	the	the	DET
ftr-490	1075	11	transaction	transaction	NOUN
ftr-490	1075	12	,	,	PUNCT
ftr-490	1075	13	recognizing	recognize	VERB
ftr-490	1075	14	a	a	DET
ftr-490	1075	15	$	$	SYM
ftr-490	1075	16	1,000	1,000	NUM
ftr-490	1075	17	loss	loss	NOUN
ftr-490	1075	18	on	on	ADP
ftr-490	1075	19	the	the	DET
ftr-490	1075	20	transfer	transfer	NOUN
ftr-490	1075	21	...	...	PUNCT
ftr-490	1075	22	and	and	CCONJ
ftr-490	1075	23	$	$	SYM
ftr-490	1075	24	5,000	5,000	NUM
ftr-490	1075	25	of	of	ADP
ftr-490	1075	26	discharge	discharge	NOUN
ftr-490	1075	27	of	of	ADP
ftr-490	1075	28	indebtedness	indebtedness	NOUN
ftr-490	1075	29	income	income	NOUN
ftr-490	1075	30	....	....	PUNCT
ftr-490	1076	1	if	if	SCONJ
ftr-490	1076	2	debtor	debtor	NOUN
ftr-490	1076	3	is	be	AUX
ftr-490	1076	4	insolvent	insolvent	ADJ
ftr-490	1076	5	or	or	CCONJ
ftr-490	1076	6	the	the	DET
ftr-490	1076	7	subject	subject	NOUN
ftr-490	1076	8	of	of	ADP
ftr-490	1076	9	a	a	DET
ftr-490	1076	10	title	title	NOUN
ftr-490	1076	11	ii	ii	NOUN
ftr-490	1076	12	proceeding	proceeding	NOUN
ftr-490	1076	13	....	....	PUNCT
ftr-490	1077	1	he	he	PRON
ftr-490	1077	2	could	could	AUX
ftr-490	1077	3	take	take	VERB
ftr-490	1077	4	advantage	advantage	NOUN
ftr-490	1077	5	of	of	ADP
ftr-490	1077	6	the	the	DET
ftr-490	1077	7	benefits	benefit	NOUN
ftr-490	1077	8	of	of	ADP
ftr-490	1077	9	section	section	NOUN
ftr-490	1077	10	108	108	NUM
ftr-490	1077	11	.	.	PUNCT
ftr-490	1078	1	(	(	PUNCT
ftr-490	1078	2	2	2	NUM
ftr-490	1078	3	)	)	PUNCT
ftr-490	1078	4	with	with	ADP
ftr-490	1078	5	the	the	DET
ftr-490	1078	6	consent	consent	NOUN
ftr-490	1078	7	and	and	CCONJ
ftr-490	1078	8	cooperation	cooperation	NOUN
ftr-490	1078	9	of	of	ADP
ftr-490	1078	10	the	the	DET
ftr-490	1078	11	nonrecourse	nonrecourse	NOUN
ftr-490	1078	12	lender	lender	NOUN
ftr-490	1078	13	,	,	PUNCT
ftr-490	1078	14	sell	sell	VERB
ftr-490	1078	15	the	the	DET
ftr-490	1078	16	building	building	NOUN
ftr-490	1078	17	to	to	ADP
ftr-490	1078	18	a	a	DET
ftr-490	1078	19	third	third	ADJ
ftr-490	1078	20	party	party	NOUN
ftr-490	1078	21	for	for	ADP
ftr-490	1078	22	$	$	SYM
ftr-490	1078	23	15,000	15,000	NUM
ftr-490	1078	24	and	and	CCONJ
ftr-490	1078	25	use	use	VERB
ftr-490	1078	26	the	the	DET
ftr-490	1078	27	proceeds	proceed	NOUN
ftr-490	1078	28	to	to	PART
ftr-490	1078	29	satisfy	satisfy	VERB
ftr-490	1078	30	the	the	DET
ftr-490	1078	31	nonrecourse	nonrecourse	NOUN
ftr-490	1078	32	debt	debt	NOUN
ftr-490	1078	33	.	.	PUNCT
ftr-490	1079	1	debtor	debtor	NOUN
ftr-490	1079	2	would	would	AUX
ftr-490	1079	3	have	have	VERB
ftr-490	1079	4	the	the	DET
ftr-490	1079	5	same	same	ADJ
ftr-490	1079	6	tax	tax	NOUN
ftr-490	1079	7	results	result	NOUN
ftr-490	1079	8	as	as	ADP
ftr-490	1079	9	in	in	ADP
ftr-490	1079	10	alternative	alternative	ADJ
ftr-490	1079	11	(	(	PUNCT
ftr-490	1079	12	1	1	NUM
ftr-490	1079	13	)	)	PUNCT
ftr-490	1079	14	.	.	PUNCT
ftr-490	1080	1	(	(	PUNCT
ftr-490	1080	2	3	3	X
ftr-490	1080	3	)	)	PUNCT
ftr-490	1080	4	make	make	VERB
ftr-490	1080	5	a	a	DET
ftr-490	1080	6	partial	partial	ADJ
ftr-490	1080	7	payment	payment	NOUN
ftr-490	1080	8	of	of	ADP
ftr-490	1080	9	,	,	PUNCT
ftr-490	1080	10	for	for	ADP
ftr-490	1080	11	example	example	NOUN
ftr-490	1080	12	,	,	PUNCT
ftr-490	1080	13	si.000	si.000	PROPN
ftr-490	1080	14	on	on	ADP
ftr-490	1080	15	the	the	DET
ftr-490	1080	16	$	$	SYM
ftr-490	1080	17	20,000	20,000	NUM
ftr-490	1080	18	nonrecourse	nonrecourse	NOUN
ftr-490	1080	19	debt	debt	NOUN
ftr-490	1080	20	,	,	PUNCT
ftr-490	1080	21	then	then	ADV
ftr-490	1080	22	transfer	transfer	VERB
ftr-490	1080	23	the	the	DET
ftr-490	1080	24	building	building	NOUN
ftr-490	1080	25	to	to	ADP
ftr-490	1080	26	the	the	DET
ftr-490	1080	27	original	original	ADJ
ftr-490	1080	28	seller	seller	NOUN
ftr-490	1080	29	in	in	ADP
ftr-490	1080	30	satisfaction	satisfaction	NOUN
ftr-490	1080	31	of	of	ADP
ftr-490	1080	32	the	the	DET
ftr-490	1080	33	remaining	remain	VERB
ftr-490	1080	34	debt	debt	NOUN
ftr-490	1080	35	.	.	PUNCT
ftr-490	1081	1	although	although	SCONJ
ftr-490	1081	2	the	the	DET
ftr-490	1081	3	service	service	NOUN
ftr-490	1081	4	would	would	AUX
ftr-490	1081	5	treat	treat	VERB
ftr-490	1081	6	a	a	DET
ftr-490	1081	7	discharge	discharge	NOUN
ftr-490	1081	8	accomplished	accomplish	VERB
ftr-490	1081	9	solely	solely	ADV
ftr-490	1081	10	by	by	ADP
ftr-490	1081	11	the	the	DET
ftr-490	1081	12	transfer	transfer	NOUN
ftr-490	1081	13	of	of	ADP
ftr-490	1081	14	the	the	DET
ftr-490	1081	15	building	building	NOUN
ftr-490	1081	16	back	back	ADV
ftr-490	1081	17	to	to	ADP
ftr-490	1081	18	the	the	DET
ftr-490	1081	19	original	original	ADJ
ftr-490	1081	20	seller	seller	NOUN
ftr-490	1081	21	as	as	ADP
ftr-490	1081	22	a	a	DET
ftr-490	1081	23	sale	sale	NOUN
ftr-490	1081	24	of	of	ADP
ftr-490	1081	25	the	the	DET
ftr-490	1081	26	building	building	NOUN
ftr-490	1081	27	,	,	PUNCT
ftr-490	1081	28	the	the	DET
ftr-490	1081	29	cash	cash	NOUN
ftr-490	1081	30	payment	payment	NOUN
ftr-490	1081	31	should	should	AUX
ftr-490	1081	32	change	change	VERB
ftr-490	1081	33	that	that	DET
ftr-490	1081	34	result	result	NOUN
ftr-490	1081	35	.	.	PUNCT
ftr-490	1082	1	debtor	debtor	NOUN
ftr-490	1082	2	would	would	AUX
ftr-490	1082	3	have	have	VERB
ftr-490	1082	4	$	$	SYM
ftr-490	1082	5	4,000	4,000	NUM
ftr-490	1082	6	of	of	ADP
ftr-490	1082	7	discharge	discharge	NOUN
ftr-490	1082	8	income	income	NOUN
ftr-490	1082	9	...	...	PUNCT
ftr-490	1082	10	and	and	CCONJ
ftr-490	1082	11	would	would	AUX
ftr-490	1082	12	realize	realize	VERB
ftr-490	1082	13	a	a	DET
ftr-490	1082	14	loss	loss	NOUN
ftr-490	1082	15	of	of	ADP
ftr-490	1082	16	$	$	SYM
ftr-490	1082	17	1,000	1,000	NUM
ftr-490	1082	18	....	....	PUNCT
ftr-490	1083	1	witt	witt	PROPN
ftr-490	1083	2	&	&	CCONJ
ftr-490	1083	3	lyons	lyons	PROPN
ftr-490	1083	4	,	,	PUNCT
ftr-490	1083	5	supra	supra	PROPN
ftr-490	1083	6	note	note	PROPN
ftr-490	1083	7	8	8	NUM
ftr-490	1083	8	,	,	PUNCT
ftr-490	1083	9	at	at	ADP
ftr-490	1083	10	62	62	NUM
ftr-490	1083	11	-	-	SYM
ftr-490	1083	12	63	63	NUM
ftr-490	1083	13	(	(	PUNCT
ftr-490	1083	14	footnote	footnote	NOUN
ftr-490	1083	15	omitted	omit	VERB
ftr-490	1083	16	)	)	PUNCT
ftr-490	1083	17	.	.	PUNCT
ftr-490	1084	1	151	151	NUM
ftr-490	1084	2	.	.	PUNCT
ftr-490	1085	1	see	see	VERB
ftr-490	1085	2	supra	supra	PROPN
ftr-490	1085	3	note	note	PROPN
ftr-490	1085	4	149	149	NUM
ftr-490	1085	5	.	.	PUNCT
ftr-490	1086	1	152	152	NUM
ftr-490	1086	2	.	.	PUNCT
ftr-490	1087	1	in	in	ADP
ftr-490	1087	2	bressi	bressi	PROPN
ftr-490	1087	3	v.	v.	PROPN
ftr-490	1087	4	commissioner	commissioner	PROPN
ftr-490	1087	5	,	,	PUNCT
ftr-490	1087	6	62	62	NUM
ftr-490	1087	7	t.c.m	t.c.m	NOUN
ftr-490	1087	8	.	.	PUNCT
ftr-490	1088	1	(	(	PUNCT
ftr-490	1088	2	cch	cch	NOUN
ftr-490	1088	3	)	)	PUNCT
ftr-490	1088	4	1668	1668	NUM
ftr-490	1088	5	.	.	PUNCT
ftr-490	1089	1	t.c.m	t.c.m	INTJ
ftr-490	1089	2	.	.	PUNCT
ftr-490	1090	1	(	(	PUNCT
ftr-490	1090	2	p	p	NOUN
ftr-490	1090	3	-	-	PUNCT
ftr-490	1090	4	h	h	NOUN
ftr-490	1090	5	)	)	PUNCT
ftr-490	1090	6	1	1	NUM
ftr-490	1090	7	91,651	91,651	NUM
ftr-490	1090	8	(	(	PUNCT
ftr-490	1090	9	1991	1991	NUM
ftr-490	1090	10	)	)	PUNCT
ftr-490	1090	11	,	,	PUNCT
ftr-490	1090	12	discussed	discuss	VERB
ftr-490	1090	13	supra	supra	PROPN
ftr-490	1090	14	note	note	PROPN
ftr-490	1090	15	72	72	NUM
ftr-490	1090	16	,	,	PUNCT
ftr-490	1090	17	the	the	DET
ftr-490	1090	18	taxpayer	taxpayer	NOUN
ftr-490	1090	19	argued	argue	VERB
ftr-490	1090	20	that	that	SCONJ
ftr-490	1090	21	the	the	DET
ftr-490	1090	22	debt	debt	NOUN
ftr-490	1090	23	discharged	discharge	VERB
ftr-490	1090	24	on	on	ADP
ftr-490	1090	25	a	a	DET
ftr-490	1090	26	transfer	transfer	NOUN
ftr-490	1090	27	of	of	ADP
ftr-490	1090	28	property	property	NOUN
ftr-490	1090	29	in	in	ADP
ftr-490	1090	30	lieu	lieu	NOUN
ftr-490	1090	31	of	of	ADP
ftr-490	1090	32	foreclosure	foreclosure	NOUN
ftr-490	1090	33	was	be	AUX
ftr-490	1090	34	nonrecourse	nonrecourse	ADJ
ftr-490	1090	35	.	.	PUNCT
ftr-490	1091	1	requiring	require	VERB
ftr-490	1091	2	the	the	DET
ftr-490	1091	3	collapsed	collapsed	ADJ
ftr-490	1091	4	approach	approach	NOUN
ftr-490	1091	5	to	to	ADP
ftr-490	1091	6	control	control	NOUN
ftr-490	1091	7	.	.	PUNCT
ftr-490	1092	1	(	(	PUNCT
ftr-490	1092	2	apparently	apparently	ADV
ftr-490	1092	3	the	the	DET
ftr-490	1092	4	solvent	solvent	ADJ
ftr-490	1092	5	taxpayer	taxpayer	NOUN
ftr-490	1092	6	preferred	prefer	VERB
ftr-490	1092	7	gain	gain	NOUN
ftr-490	1092	8	under	under	ADP
ftr-490	1092	9	section	section	NOUN
ftr-490	1092	10	1001	1001	NUM
ftr-490	1092	11	to	to	PART
ftr-490	1092	12	cod	cod	VERB
ftr-490	1092	13	income	income	NOUN
ftr-490	1092	14	under	under	ADP
ftr-490	1092	15	section	section	NOUN
ftr-490	1092	16	61(a)(12	61(a)(12	NUM
ftr-490	1092	17	)	)	PUNCT
ftr-490	1092	18	because	because	SCONJ
ftr-490	1092	19	at	at	ADV
ftr-490	1092	20	least	least	ADJ
ftr-490	1092	21	part	part	NOUN
ftr-490	1092	22	of	of	ADP
ftr-490	1092	23	the	the	DET
ftr-490	1092	24	gain	gain	NOUN
ftr-490	1092	25	would	would	AUX
ftr-490	1092	26	have	have	AUX
ftr-490	1092	27	been	be	AUX
ftr-490	1092	28	taxed	tax	VERB
ftr-490	1092	29	as	as	ADP
ftr-490	1092	30	capital	capital	NOUN
ftr-490	1092	31	gain	gain	NOUN
ftr-490	1092	32	.	.	PUNCT
ftr-490	1092	33	)	)	PUNCT
ftr-490	1093	1	the	the	DET
ftr-490	1093	2	tax	tax	NOUN
ftr-490	1093	3	court	court	NOUN
ftr-490	1093	4	concluded	conclude	VERB
ftr-490	1093	5	that	that	SCONJ
ftr-490	1093	6	the	the	DET
ftr-490	1093	7	debt	debt	NOUN
ftr-490	1093	8	was	be	AUX
ftr-490	1093	9	recourse	recourse	NOUN
ftr-490	1093	10	,	,	PUNCT
ftr-490	1093	11	applied	apply	VERB
ftr-490	1093	12	the	the	DET
ftr-490	1093	13	bifurcated	bifurcated	ADJ
ftr-490	1093	14	approach	approach	NOUN
ftr-490	1093	15	,	,	PUNCT
ftr-490	1093	16	and	and	CCONJ
ftr-490	1093	17	held	hold	VERB
ftr-490	1093	18	that	that	SCONJ
ftr-490	1093	19	the	the	DET
ftr-490	1093	20	taxpayer	taxpayer	NOUN
ftr-490	1093	21	realized	realize	VERB
ftr-490	1093	22	cod	cod	NOUN
ftr-490	1093	23	income	income	NOUN
ftr-490	1093	24	instead	instead	ADV
ftr-490	1093	25	of	of	ADP
ftr-490	1093	26	gain	gain	NOUN
ftr-490	1093	27	.	.	PUNCT
ftr-490	1094	1	the	the	DET
ftr-490	1094	2	bottom	bottom	ADJ
ftr-490	1094	3	line	line	NOUN
ftr-490	1094	4	was	be	AUX
ftr-490	1094	5	that	that	SCONJ
ftr-490	1094	6	the	the	DET
ftr-490	1094	7	taxpayer	taxpayer	NOUN
ftr-490	1094	8	paid	pay	VERB
ftr-490	1094	9	a	a	DET
ftr-490	1094	10	premium	premium	NOUN
ftr-490	1094	11	for	for	ADP
ftr-490	1094	12	failing	fail	VERB
ftr-490	1094	13	to	to	PART
ftr-490	1094	14	consult	consult	VERB
ftr-490	1094	15	a	a	DET
ftr-490	1094	16	sage	sage	NOUN
ftr-490	1094	17	tax	tax	NOUN
ftr-490	1094	18	advisor	advisor	NOUN
ftr-490	1094	19	prior	prior	ADV
ftr-490	1094	20	to	to	ADP
ftr-490	1094	21	transferring	transfer	VERB
ftr-490	1094	22	the	the	DET
ftr-490	1094	23	property	property	NOUN
ftr-490	1094	24	back	back	ADV
ftr-490	1094	25	to	to	ADP
ftr-490	1094	26	the	the	DET
ftr-490	1094	27	creditor	creditor	NOUN
ftr-490	1094	28	in	in	ADP
ftr-490	1094	29	lieu	lieu	NOUN
ftr-490	1094	30	of	of	ADP
ftr-490	1094	31	foreclosure	foreclosure	NOUN
ftr-490	1094	32	.	.	PUNCT
ftr-490	1095	1	as	as	SCONJ
ftr-490	1095	2	the	the	DET
ftr-490	1095	3	creditor	creditor	NOUN
ftr-490	1095	4	received	receive	VERB
ftr-490	1095	5	nothing	nothing	PRON
ftr-490	1095	6	but	but	SCONJ
ftr-490	1095	7	the	the	DET
ftr-490	1095	8	property	property	NOUN
ftr-490	1095	9	anyway	anyway	ADV
ftr-490	1095	10	,	,	PUNCT
ftr-490	1095	11	the	the	DET
ftr-490	1095	12	creditor	creditor	NOUN
ftr-490	1095	13	might	might	AUX
ftr-490	1095	14	have	have	AUX
ftr-490	1095	15	been	be	AUX
ftr-490	1095	16	willing	willing	ADJ
ftr-490	1095	17	to	to	PART
ftr-490	1095	18	convert	convert	VERB
ftr-490	1095	19	the	the	DET
ftr-490	1095	20	nominally	nominally	ADV
ftr-490	1095	21	recourse	recourse	NOUN
ftr-490	1095	22	loan	loan	NOUN
ftr-490	1095	23	into	into	ADP
ftr-490	1095	24	a	a	DET
ftr-490	1095	25	nonrecourse	nonrecourse	NOUN
ftr-490	1095	26	loan	loan	NOUN
ftr-490	1095	27	prior	prior	ADV
ftr-490	1095	28	to	to	ADP
ftr-490	1095	29	the	the	DET
ftr-490	1095	30	transfer	transfer	NOUN
ftr-490	1095	31	.	.	PUNCT
ftr-490	1096	1	see	see	VERB
ftr-490	1096	2	also	also	ADV
ftr-490	1096	3	lee	lee	PROPN
ftr-490	1096	4	a.	a.	PROPN
ftr-490	1096	5	sheppard	sheppard	PROPN
ftr-490	1096	6	.	.	PUNCT
ftr-490	1097	1	forgiveness	forgiveness	NOUN
ftr-490	1097	2	of	of	ADP
ftr-490	1097	3	nonrecourse	nonrecourse	NOUN
ftr-490	1097	4	debt	debt	NOUN
ftr-490	1097	5	and	and	CCONJ
ftr-490	1097	6	other	other	ADJ
ftr-490	1097	7	problems	problem	NOUN
ftr-490	1097	8	,	,	PUNCT
ftr-490	1097	9	news	news	NOUN
ftr-490	1097	10	analysis	analysis	NOUN
ftr-490	1097	11	,	,	PUNCT
ftr-490	1097	12	54	54	NUM
ftr-490	1097	13	tax	tax	NOUN
ftr-490	1097	14	notes	note	NOUN
ftr-490	1097	15	784	784	NUM
ftr-490	1097	16	(	(	PUNCT
ftr-490	1097	17	feb	feb	PROPN
ftr-490	1097	18	.	.	PROPN
ftr-490	1097	19	17	17	NUM
ftr-490	1097	20	.	.	NOUN
ftr-490	1097	21	1992	1992	NUM
ftr-490	1097	22	)	)	PUNCT
ftr-490	1097	23	(	(	PUNCT
ftr-490	1097	24	considering	consider	VERB
ftr-490	1097	25	,	,	PUNCT
ftr-490	1097	26	among	among	ADP
ftr-490	1097	27	other	other	ADJ
ftr-490	1097	28	19921	19921	NUM
ftr-490	1097	29	florida	florida	PROPN
ftr-490	1097	30	tax	tax	NOUN
ftr-490	1097	31	review	review	NOUN
ftr-490	1097	32	as	as	ADP
ftr-490	1097	33	recourse	recourse	VERB
ftr-490	1097	34	debt	debt	NOUN
ftr-490	1097	35	in	in	ADP
ftr-490	1097	36	the	the	DET
ftr-490	1097	37	transfer	transfer	NOUN
ftr-490	1097	38	context	context	NOUN
ftr-490	1097	39	,	,	PUNCT
ftr-490	1097	40	this	this	DET
ftr-490	1097	41	difference	difference	NOUN
ftr-490	1097	42	would	would	AUX
ftr-490	1097	43	disappear	disappear	VERB
ftr-490	1097	44	.	.	PUNCT
ftr-490	1098	1	there	there	PRON
ftr-490	1098	2	would	would	AUX
ftr-490	1098	3	be	be	AUX
ftr-490	1098	4	no	no	DET
ftr-490	1098	5	need	need	NOUN
ftr-490	1098	6	to	to	PART
ftr-490	1098	7	convert	convert	VERB
ftr-490	1098	8	the	the	DET
ftr-490	1098	9	debt	debt	NOUN
ftr-490	1098	10	to	to	ADP
ftr-490	1098	11	the	the	DET
ftr-490	1098	12	desired	desire	VERB
ftr-490	1098	13	status	status	NOUN
ftr-490	1098	14	in	in	ADP
ftr-490	1098	15	order	order	NOUN
ftr-490	1098	16	to	to	PART
ftr-490	1098	17	choose	choose	VERB
ftr-490	1098	18	a	a	DET
ftr-490	1098	19	desired	desire	VERB
ftr-490	1098	20	treatment	treatment	NOUN
ftr-490	1098	21	or	or	CCONJ
ftr-490	1098	22	avoid	avoid	VERB
ftr-490	1098	23	an	an	DET
ftr-490	1098	24	undesired	undesired	ADJ
ftr-490	1098	25	treatment	treatment	NOUN
ftr-490	1098	26	.	.	PUNCT
ftr-490	1099	1	cod	cod	NOUN
ftr-490	1099	2	income	income	NOUN
ftr-490	1099	3	would	would	AUX
ftr-490	1099	4	be	be	AUX
ftr-490	1099	5	created	create	VERB
ftr-490	1099	6	on	on	ADP
ftr-490	1099	7	the	the	DET
ftr-490	1099	8	relief	relief	NOUN
ftr-490	1099	9	from	from	ADP
ftr-490	1099	10	debt	debt	NOUN
ftr-490	1099	11	-	-	PUNCT
ftr-490	1099	12	whether	whether	SCONJ
ftr-490	1099	13	recourse	recourse	NOUN
ftr-490	1099	14	or	or	CCONJ
ftr-490	1099	15	nonrecourse	nonrecourse	NOUN
ftr-490	1099	16	-	-	PUNCT
ftr-490	1099	17	not	not	PART
ftr-490	1099	18	additional	additional	ADJ
ftr-490	1099	19	gain	gain	NOUN
ftr-490	1099	20	under	under	ADP
ftr-490	1099	21	section	section	NOUN
ftr-490	1099	22	1001	1001	NUM
ftr-490	1099	23	,	,	PUNCT
ftr-490	1099	24	and	and	CCONJ
ftr-490	1099	25	the	the	DET
ftr-490	1099	26	chips	chip	NOUN
ftr-490	1099	27	would	would	AUX
ftr-490	1099	28	fall	fall	VERB
ftr-490	1099	29	where	where	SCONJ
ftr-490	1099	30	they	they	PRON
ftr-490	1099	31	would	would	AUX
ftr-490	1099	32	.	.	PUNCT
ftr-490	1100	1	insolvent	insolvent	ADJ
ftr-490	1100	2	and	and	CCONJ
ftr-490	1100	3	bankrupt	bankrupt	ADJ
ftr-490	1100	4	debtors	debtor	NOUN
ftr-490	1100	5	would	would	AUX
ftr-490	1100	6	be	be	AUX
ftr-490	1100	7	able	able	ADJ
ftr-490	1100	8	to	to	PART
ftr-490	1100	9	defer	defer	VERB
ftr-490	1100	10	the	the	DET
ftr-490	1100	11	income	income	NOUN
ftr-490	1100	12	,	,	PUNCT
ftr-490	1100	13	which	which	PRON
ftr-490	1100	14	seems	seem	VERB
ftr-490	1100	15	to	to	PART
ftr-490	1100	16	be	be	AUX
ftr-490	1100	17	consistent	consistent	ADJ
ftr-490	1100	18	with	with	ADP
ftr-490	1100	19	congress	congress	PROPN
ftr-490	1100	20	's	's	PART
ftr-490	1100	21	desire	desire	NOUN
ftr-490	1100	22	with	with	ADP
ftr-490	1100	23	respect	respect	NOUN
ftr-490	1100	24	to	to	ADP
ftr-490	1100	25	debt	debt	NOUN
ftr-490	1100	26	relief	relief	NOUN
ftr-490	1100	27	,	,	PUNCT
ftr-490	1100	28	and	and	CCONJ
ftr-490	1100	29	solvent	solvent	ADJ
ftr-490	1100	30	debtors	debtor	NOUN
ftr-490	1100	31	would	would	AUX
ftr-490	1100	32	pay	pay	VERB
ftr-490	1100	33	tax	tax	NOUN
ftr-490	1100	34	immediately	immediately	ADV
ftr-490	1100	35	on	on	ADP
ftr-490	1100	36	the	the	DET
ftr-490	1100	37	accession	accession	NOUN
ftr-490	1100	38	to	to	ADP
ftr-490	1100	39	wealth	wealth	NOUN
ftr-490	1100	40	at	at	ADP
ftr-490	1100	41	ordinary	ordinary	ADJ
ftr-490	1100	42	income	income	NOUN
ftr-490	1100	43	tax	tax	NOUN
ftr-490	1100	44	rates	rate	NOUN
ftr-490	1100	45	.	.	PUNCT
ftr-490	1101	1	the	the	DET
ftr-490	1101	2	second	second	ADJ
ftr-490	1101	3	and	and	CCONJ
ftr-490	1101	4	third	third	ADJ
ftr-490	1101	5	"	"	PUNCT
ftr-490	1101	6	planning	planning	NOUN
ftr-490	1101	7	opportunities	opportunity	NOUN
ftr-490	1101	8	"	"	PUNCT
ftr-490	1101	9	described	describe	VERB
ftr-490	1101	10	by	by	ADP
ftr-490	1101	11	witt	witt	PROPN
ftr-490	1101	12	and	and	CCONJ
ftr-490	1101	13	lyons	lyons	PROPN
ftr-490	1101	14	arise	arise	VERB
ftr-490	1101	15	because	because	SCONJ
ftr-490	1101	16	of	of	ADP
ftr-490	1101	17	the	the	DET
ftr-490	1101	18	disparate	disparate	ADJ
ftr-490	1101	19	treatments	treatment	NOUN
ftr-490	1101	20	accorded	accord	VERB
ftr-490	1101	21	a	a	DET
ftr-490	1101	22	discharge	discharge	NOUN
ftr-490	1101	23	of	of	ADP
ftr-490	1101	24	nonrecourse	nonrecourse	NOUN
ftr-490	1101	25	debt	debt	NOUN
ftr-490	1101	26	itself	itself	PRON
ftr-490	1101	27	depending	depend	VERB
ftr-490	1101	28	upon	upon	SCONJ
ftr-490	1101	29	whether	whether	SCONJ
ftr-490	1101	30	the	the	DET
ftr-490	1101	31	discharge	discharge	NOUN
ftr-490	1101	32	occurs	occur	VERB
ftr-490	1101	33	because	because	SCONJ
ftr-490	1101	34	of	of	ADP
ftr-490	1101	35	a	a	DET
ftr-490	1101	36	transfer	transfer	NOUN
ftr-490	1101	37	of	of	ADP
ftr-490	1101	38	the	the	DET
ftr-490	1101	39	collateral	collateral	NOUN
ftr-490	1101	40	or	or	CCONJ
ftr-490	1101	41	a	a	DET
ftr-490	1101	42	transfer	transfer	NOUN
ftr-490	1101	43	of	of	ADP
ftr-490	1101	44	cash	cash	NOUN
ftr-490	1101	45	.	.	PUNCT
ftr-490	1102	1	the	the	DET
ftr-490	1102	2	facts	fact	NOUN
ftr-490	1102	3	of	of	ADP
ftr-490	1102	4	gershkowitz	gershkowitz	NOUN
ftr-490	1102	5	,	,	PUNCT
ftr-490	1102	6	described	describe	VERB
ftr-490	1102	7	earlier,'53	earlier,'53	PROPN
ftr-490	1102	8	exemplify	exemplify	VERB
ftr-490	1102	9	this	this	DET
ftr-490	1102	10	disparate	disparate	ADJ
ftr-490	1102	11	treatment	treatment	NOUN
ftr-490	1102	12	most	most	ADV
ftr-490	1102	13	dramatically	dramatically	ADV
ftr-490	1102	14	.	.	PUNCT
ftr-490	1103	1	the	the	DET
ftr-490	1103	2	structure	structure	NOUN
ftr-490	1103	3	used	use	VERB
ftr-490	1103	4	in	in	ADP
ftr-490	1103	5	gershkowitz	gershkowitz	NOUN
ftr-490	1103	6	was	be	AUX
ftr-490	1103	7	prompted	prompt	VERB
ftr-490	1103	8	by	by	ADP
ftr-490	1103	9	the	the	DET
ftr-490	1103	10	fact	fact	NOUN
ftr-490	1103	11	that	that	SCONJ
ftr-490	1103	12	the	the	DET
ftr-490	1103	13	cancellation	cancellation	NOUN
ftr-490	1103	14	of	of	ADP
ftr-490	1103	15	nonrecourse	nonrecourse	ADJ
ftr-490	1103	16	debt	debt	NOUN
ftr-490	1103	17	without	without	ADP
ftr-490	1103	18	a	a	DET
ftr-490	1103	19	transfer	transfer	NOUN
ftr-490	1103	20	of	of	ADP
ftr-490	1103	21	the	the	DET
ftr-490	1103	22	securing	securing	NOUN
ftr-490	1103	23	property	property	NOUN
ftr-490	1103	24	produces	produce	VERB
ftr-490	1103	25	cod	cod	NOUN
ftr-490	1103	26	income	income	NOUN
ftr-490	1103	27	while	while	SCONJ
ftr-490	1103	28	the	the	DET
ftr-490	1103	29	cancellation	cancellation	NOUN
ftr-490	1103	30	of	of	ADP
ftr-490	1103	31	nonrecourse	nonrecourse	NOUN
ftr-490	1103	32	debt	debt	NOUN
ftr-490	1103	33	by	by	ADP
ftr-490	1103	34	reason	reason	NOUN
ftr-490	1103	35	of	of	ADP
ftr-490	1103	36	a	a	DET
ftr-490	1103	37	transfer	transfer	NOUN
ftr-490	1103	38	of	of	ADP
ftr-490	1103	39	the	the	DET
ftr-490	1103	40	securing	securing	NOUN
ftr-490	1103	41	property	property	NOUN
ftr-490	1103	42	produces	produce	VERB
ftr-490	1103	43	property	property	NOUN
ftr-490	1103	44	gain	gain	NOUN
ftr-490	1103	45	.	.	PUNCT
ftr-490	1104	1	recall	recall	VERB
ftr-490	1104	2	that	that	PRON
ftr-490	1104	3	in	in	ADP
ftr-490	1104	4	gershkowitz	gershkowitz	NOUN
ftr-490	1104	5	the	the	DET
ftr-490	1104	6	collateral	collateral	NOUN
ftr-490	1104	7	securing	secure	VERB
ftr-490	1104	8	a	a	DET
ftr-490	1104	9	$	$	SYM
ftr-490	1104	10	250,000	250,000	NUM
ftr-490	1104	11	nonrecourse	nonrecourse	NOUN
ftr-490	1104	12	debt	debt	NOUN
ftr-490	1104	13	had	have	VERB
ftr-490	1104	14	an	an	DET
ftr-490	1104	15	adjusted	adjusted	ADJ
ftr-490	1104	16	basis	basis	NOUN
ftr-490	1104	17	of	of	ADP
ftr-490	1104	18	$	$	SYM
ftr-490	1104	19	50,000	50,000	NUM
ftr-490	1104	20	and	and	CCONJ
ftr-490	1104	21	a	a	DET
ftr-490	1104	22	fair	fair	ADJ
ftr-490	1104	23	market	market	NOUN
ftr-490	1104	24	value	value	NOUN
ftr-490	1104	25	of	of	ADP
ftr-490	1104	26	only	only	ADV
ftr-490	1104	27	$	$	SYM
ftr-490	1104	28	2,500	2,500	NUM
ftr-490	1104	29	at	at	ADP
ftr-490	1104	30	the	the	DET
ftr-490	1104	31	time	time	NOUN
ftr-490	1104	32	of	of	ADP
ftr-490	1104	33	the	the	DET
ftr-490	1104	34	transaction	transaction	NOUN
ftr-490	1104	35	at	at	ADP
ftr-490	1104	36	issue	issue	NOUN
ftr-490	1104	37	.	.	PUNCT
ftr-490	1105	1	54	54	NUM
ftr-490	1105	2	under	under	ADP
ftr-490	1105	3	the	the	DET
ftr-490	1105	4	collapsed	collapse	VERB
ftr-490	1105	5	approach	approach	NOUN
ftr-490	1105	6	,	,	PUNCT
ftr-490	1105	7	the	the	DET
ftr-490	1105	8	taxpayer	taxpayer	NOUN
ftr-490	1105	9	,	,	PUNCT
ftr-490	1105	10	a	a	DET
ftr-490	1105	11	partnership	partnership	NOUN
ftr-490	1105	12	,	,	PUNCT
ftr-490	1105	13	would	would	AUX
ftr-490	1105	14	have	have	AUX
ftr-490	1105	15	realized	realize	VERB
ftr-490	1105	16	and	and	CCONJ
ftr-490	1105	17	recognized	recognize	VERB
ftr-490	1105	18	$	$	SYM
ftr-490	1105	19	200,000	200,000	NUM
ftr-490	1105	20	of	of	ADP
ftr-490	1105	21	gain	gain	NOUN
ftr-490	1105	22	under	under	ADP
ftr-490	1105	23	sections	section	NOUN
ftr-490	1105	24	1001	1001	NUM
ftr-490	1105	25	and	and	CCONJ
ftr-490	1105	26	61(a)(3	61(a)(3	NUM
ftr-490	1105	27	)	)	PUNCT
ftr-490	1105	28	if	if	SCONJ
ftr-490	1105	29	it	it	PRON
ftr-490	1105	30	simply	simply	ADV
ftr-490	1105	31	transferred	transfer	VERB
ftr-490	1105	32	the	the	DET
ftr-490	1105	33	property	property	NOUN
ftr-490	1105	34	back	back	ADV
ftr-490	1105	35	to	to	ADP
ftr-490	1105	36	the	the	DET
ftr-490	1105	37	creditor	creditor	NOUN
ftr-490	1105	38	.	.	PUNCT
ftr-490	1106	1	the	the	DET
ftr-490	1106	2	partnership	partnership	NOUN
ftr-490	1106	3	was	be	AUX
ftr-490	1106	4	insolvent	insolvent	ADJ
ftr-490	1106	5	at	at	ADP
ftr-490	1106	6	the	the	DET
ftr-490	1106	7	time	time	NOUN
ftr-490	1106	8	and	and	CCONJ
ftr-490	1106	9	so	so	ADV
ftr-490	1106	10	negotiated	negotiate	VERB
ftr-490	1106	11	with	with	ADP
ftr-490	1106	12	the	the	DET
ftr-490	1106	13	creditor	creditor	NOUN
ftr-490	1106	14	a	a	DET
ftr-490	1106	15	discharge	discharge	NOUN
ftr-490	1106	16	of	of	ADP
ftr-490	1106	17	the	the	DET
ftr-490	1106	18	nonrecourse	nonrecourse	NOUN
ftr-490	1106	19	debt	debt	NOUN
ftr-490	1106	20	for	for	ADP
ftr-490	1106	21	a	a	DET
ftr-490	1106	22	payment	payment	NOUN
ftr-490	1106	23	of	of	ADP
ftr-490	1106	24	$	$	SYM
ftr-490	1106	25	40,000	40,000	NUM
ftr-490	1106	26	-	-	PUNCT
ftr-490	1106	27	an	an	DET
ftr-490	1106	28	amount	amount	NOUN
ftr-490	1106	29	far	far	ADV
ftr-490	1106	30	in	in	ADP
ftr-490	1106	31	excess	excess	NOUN
ftr-490	1106	32	of	of	ADP
ftr-490	1106	33	the	the	DET
ftr-490	1106	34	value	value	NOUN
ftr-490	1106	35	of	of	ADP
ftr-490	1106	36	the	the	DET
ftr-490	1106	37	collateral	collateral	NOUN
ftr-490	1106	38	the	the	DET
ftr-490	1106	39	creditor	creditor	NOUN
ftr-490	1106	40	would	would	AUX
ftr-490	1106	41	have	have	AUX
ftr-490	1106	42	received	receive	VERB
ftr-490	1106	43	on	on	ADP
ftr-490	1106	44	foreclosure	foreclosure	NOUN
ftr-490	1106	45	-	-	PUNCT
ftr-490	1106	46	in	in	ADP
ftr-490	1106	47	the	the	DET
ftr-490	1106	48	hope	hope	NOUN
ftr-490	1106	49	of	of	ADP
ftr-490	1106	50	creating	create	VERB
ftr-490	1106	51	deferrable	deferrable	ADJ
ftr-490	1106	52	cod	cod	NOUN
ftr-490	1106	53	income	income	NOUN
ftr-490	1106	54	instead	instead	ADV
ftr-490	1106	55	of	of	ADP
ftr-490	1106	56	gain	gain	NOUN
ftr-490	1106	57	.	.	PUNCT
ftr-490	1107	1	because	because	SCONJ
ftr-490	1107	2	the	the	DET
ftr-490	1107	3	collateral	collateral	NOUN
ftr-490	1107	4	was	be	AUX
ftr-490	1107	5	retained	retain	VERB
ftr-490	1107	6	,	,	PUNCT
ftr-490	1107	7	there	there	PRON
ftr-490	1107	8	was	be	VERB
ftr-490	1107	9	no	no	DET
ftr-490	1107	10	realization	realization	NOUN
ftr-490	1107	11	event	event	NOUN
ftr-490	1107	12	under	under	ADP
ftr-490	1107	13	section	section	NOUN
ftr-490	1107	14	1001	1001	NUM
ftr-490	1107	15	,	,	PUNCT
ftr-490	1107	16	and	and	CCONJ
ftr-490	1107	17	so	so	ADV
ftr-490	1107	18	the	the	DET
ftr-490	1107	19	court	court	NOUN
ftr-490	1107	20	held	hold	VERB
ftr-490	1107	21	that	that	SCONJ
ftr-490	1107	22	the	the	DET
ftr-490	1107	23	taxpayer	taxpayer	NOUN
ftr-490	1107	24	realized	realize	VERB
ftr-490	1107	25	$	$	SYM
ftr-490	1107	26	210,000	210,000	NUM
ftr-490	1107	27	of	of	ADP
ftr-490	1107	28	cod	cod	NOUN
ftr-490	1107	29	income	income	NOUN
ftr-490	1107	30	.	.	PUNCT
ftr-490	1108	1	55	55	NUM
ftr-490	1108	2	things	thing	NOUN
ftr-490	1108	3	,	,	PUNCT
ftr-490	1108	4	whether	whether	SCONJ
ftr-490	1108	5	parties	party	NOUN
ftr-490	1108	6	can	can	AUX
ftr-490	1108	7	ensure	ensure	VERB
ftr-490	1108	8	cod	cod	NOUN
ftr-490	1108	9	income	income	NOUN
ftr-490	1108	10	rather	rather	ADV
ftr-490	1108	11	than	than	ADP
ftr-490	1108	12	gain	gain	VERB
ftr-490	1108	13	under	under	ADP
ftr-490	1108	14	section	section	NOUN
ftr-490	1108	15	1001	1001	NUM
ftr-490	1108	16	by	by	ADP
ftr-490	1108	17	converting	convert	VERB
ftr-490	1108	18	nonrecourse	nonrecourse	ADJ
ftr-490	1108	19	debt	debt	NOUN
ftr-490	1108	20	into	into	ADP
ftr-490	1108	21	recourse	recourse	NOUN
ftr-490	1108	22	debt	debt	NOUN
ftr-490	1108	23	shortly	shortly	ADV
ftr-490	1108	24	before	before	ADP
ftr-490	1108	25	a	a	DET
ftr-490	1108	26	forced	force	VERB
ftr-490	1108	27	sale	sale	NOUN
ftr-490	1108	28	)	)	PUNCT
ftr-490	1108	29	.	.	PUNCT
ftr-490	1109	1	153	153	NUM
ftr-490	1109	2	.	.	PUNCT
ftr-490	1110	1	see	see	VERB
ftr-490	1110	2	supra	supra	PROPN
ftr-490	1110	3	notes	note	VERB
ftr-490	1110	4	125	125	NUM
ftr-490	1110	5	-	-	SYM
ftr-490	1110	6	31	31	NUM
ftr-490	1110	7	and	and	CCONJ
ftr-490	1110	8	accompanying	accompany	VERB
ftr-490	1110	9	text	text	NOUN
ftr-490	1110	10	(	(	PUNCT
ftr-490	1110	11	discussing	discuss	VERB
ftr-490	1110	12	gershkowitz	gershkowitz	NOUN
ftr-490	1110	13	)	)	PUNCT
ftr-490	1110	14	.	.	PUNCT
ftr-490	1111	1	154	154	NUM
ftr-490	1111	2	.	.	PUNCT
ftr-490	1112	1	see	see	VERB
ftr-490	1112	2	supra	supra	PROPN
ftr-490	1112	3	notes	note	VERB
ftr-490	1112	4	125	125	NUM
ftr-490	1112	5	-	-	SYM
ftr-490	1112	6	31	31	NUM
ftr-490	1112	7	and	and	CCONJ
ftr-490	1112	8	accompanying	accompany	VERB
ftr-490	1112	9	text	text	NOUN
ftr-490	1112	10	(	(	PUNCT
ftr-490	1112	11	discussing	discuss	VERB
ftr-490	1112	12	gershkowitz	gershkowitz	NOUN
ftr-490	1112	13	)	)	PUNCT
ftr-490	1112	14	.	.	PUNCT
ftr-490	1113	1	155	155	NUM
ftr-490	1113	2	.	.	PUNCT
ftr-490	1113	3	gershkowitz	gershkowitz	PROPN
ftr-490	1113	4	v.	v.	PROPN
ftr-490	1113	5	commissioner	commissioner	PROPN
ftr-490	1113	6	,	,	PUNCT
ftr-490	1113	7	88	88	NUM
ftr-490	1113	8	t.c	t.c	PROPN
ftr-490	1113	9	.	.	PROPN
ftr-490	1113	10	984	984	NUM
ftr-490	1113	11	,	,	PUNCT
ftr-490	1113	12	1009	1009	NUM
ftr-490	1113	13	(	(	PUNCT
ftr-490	1113	14	1987	1987	NUM
ftr-490	1113	15	)	)	PUNCT
ftr-490	1113	16	.	.	PUNCT
ftr-490	1114	1	on	on	ADP
ftr-490	1114	2	the	the	DET
ftr-490	1114	3	particular	particular	ADJ
ftr-490	1114	4	facts	fact	NOUN
ftr-490	1114	5	of	of	ADP
ftr-490	1114	6	the	the	DET
ftr-490	1114	7	case	case	NOUN
ftr-490	1114	8	,	,	PUNCT
ftr-490	1114	9	the	the	DET
ftr-490	1114	10	partners	partner	NOUN
ftr-490	1114	11	'	'	PART
ftr-490	1114	12	hopes	hope	NOUN
ftr-490	1114	13	of	of	ADP
ftr-490	1114	14	deferral	deferral	NOUN
ftr-490	1114	15	were	be	AUX
ftr-490	1114	16	dashed	dash	VERB
ftr-490	1114	17	in	in	ADP
ftr-490	1114	18	any	any	DET
ftr-490	1114	19	event	event	NOUN
ftr-490	1114	20	.	.	PUNCT
ftr-490	1115	1	the	the	DET
ftr-490	1115	2	partners	partner	NOUN
ftr-490	1115	3	themselves	themselves	PRON
ftr-490	1115	4	were	be	AUX
ftr-490	1115	5	all	all	ADV
ftr-490	1115	6	solvent	solvent	ADJ
ftr-490	1115	7	,	,	PUNCT
ftr-490	1115	8	and	and	CCONJ
ftr-490	1115	9	the	the	DET
ftr-490	1115	10	court	court	NOUN
ftr-490	1115	11	held	hold	VERB
ftr-490	1115	12	that	that	SCONJ
ftr-490	1115	13	the	the	DET
ftr-490	1115	14	insolvency	insolvency	NOUN
ftr-490	1115	15	exception	exception	NOUN
ftr-490	1115	16	of	of	ADP
ftr-490	1115	17	section	section	NOUN
ftr-490	1115	18	108(a	108(a	NUM
ftr-490	1115	19	)	)	PUNCT
ftr-490	1115	20	should	should	AUX
ftr-490	1115	21	be	be	AUX
ftr-490	1115	22	applied	apply	VERB
ftr-490	1115	23	at	at	ADP
ftr-490	1115	24	the	the	DET
ftr-490	1115	25	partner	partner	NOUN
ftr-490	1115	26	,	,	PUNCT
ftr-490	1115	27	not	not	PART
ftr-490	1115	28	the	the	DET
ftr-490	1115	29	partnership	partnership	NOUN
ftr-490	1115	30	,	,	PUNCT
ftr-490	1115	31	level	level	NOUN
ftr-490	1115	32	.	.	PUNCT
ftr-490	1116	1	this	this	DET
ftr-490	1116	2	result	result	NOUN
ftr-490	1116	3	is	be	AUX
ftr-490	1116	4	now	now	ADV
ftr-490	1116	5	codified	codify	VERB
ftr-490	1116	6	at	at	ADP
ftr-490	1116	7	section	section	NOUN
ftr-490	1116	8	108(d)(6	108(d)(6	NUM
ftr-490	1116	9	)	)	PUNCT
ftr-490	1116	10	.	.	PUNCT
ftr-490	1117	1	other	other	ADJ
ftr-490	1117	2	taxpayers	taxpayer	NOUN
ftr-490	1117	3	outside	outside	ADP
ftr-490	1117	4	the	the	DET
ftr-490	1117	5	partnership	partnership	NOUN
ftr-490	1117	6	context	context	NOUN
ftr-490	1117	7	,	,	PUNCT
ftr-490	1117	8	however	however	ADV
ftr-490	1117	9	,	,	PUNCT
ftr-490	1117	10	learned	learn	VERB
ftr-490	1117	11	of	of	ADP
ftr-490	1117	12	a	a	DET
ftr-490	1117	13	wonderful	wonderful	ADJ
ftr-490	1117	14	"	"	PUNCT
ftr-490	1117	15	planning	planning	NOUN
ftr-490	1117	16	opportunity	opportunity	NOUN
ftr-490	1117	17	"	"	PUNCT
ftr-490	1117	18	(	(	PUNCT
ftr-490	1117	19	see	see	VERB
ftr-490	1117	20	discussion	discussion	NOUN
ftr-490	1117	21	supra	supra	PROPN
ftr-490	1117	22	note	note	PROPN
ftr-490	1117	23	149	149	NUM
ftr-490	1117	24	)	)	PUNCT
ftr-490	1117	25	upon	upon	SCONJ
ftr-490	1117	26	reading	read	VERB
ftr-490	1117	27	the	the	DET
ftr-490	1117	28	case	case	NOUN
ftr-490	1117	29	.	.	PUNCT
ftr-490	1118	1	as	as	SCONJ
ftr-490	1118	2	witt	witt	PROPN
ftr-490	1118	3	and	and	CCONJ
ftr-490	1118	4	lyons	lyons	PROPN
ftr-490	1118	5	put	put	VERB
ftr-490	1118	6	it	it	PRON
ftr-490	1118	7	:	:	PUNCT
ftr-490	1118	8	gershkowitz	gershkowitz	PROPN
ftr-490	1118	9	is	be	AUX
ftr-490	1118	10	significant	significant	ADJ
ftr-490	1118	11	for	for	ADP
ftr-490	1118	12	a	a	DET
ftr-490	1118	13	number	number	NOUN
ftr-490	1118	14	of	of	ADP
ftr-490	1118	15	reasons	reason	NOUN
ftr-490	1118	16	.	.	PUNCT
ftr-490	1119	1	principally	principally	ADV
ftr-490	1119	2	,	,	PUNCT
ftr-490	1119	3	it	it	PRON
ftr-490	1119	4	illustrates	illustrate	VERB
ftr-490	1119	5	the	the	DET
ftr-490	1119	6	differing	differ	VERB
ftr-490	1119	7	tax	tax	NOUN
ftr-490	1119	8	consequences	consequence	NOUN
ftr-490	1119	9	that	that	PRON
ftr-490	1119	10	will	will	AUX
ftr-490	1119	11	result	result	VERB
ftr-490	1119	12	depending	depend	VERB
ftr-490	1119	13	upon	upon	SCONJ
ftr-490	1119	14	[	[	X
ftr-490	1119	15	vol	vol	NOUN
ftr-490	1119	16	1:3	1:3	NUM
ftr-490	1119	17	tufts	tuft	NOUN
ftr-490	1119	18	and	and	CCONJ
ftr-490	1119	19	the	the	DET
ftr-490	1119	20	evolution	evolution	NOUN
ftr-490	1119	21	of	of	ADP
ftr-490	1119	22	debt	debt	NOUN
ftr-490	1119	23	-	-	PUNCT
ftr-490	1119	24	discharge	discharge	NOUN
ftr-490	1119	25	theory	theory	NOUN
ftr-490	1119	26	in	in	ADP
ftr-490	1119	27	so	so	ADV
ftr-490	1119	28	doing	do	VERB
ftr-490	1119	29	,	,	PUNCT
ftr-490	1119	30	the	the	DET
ftr-490	1119	31	court	court	NOUN
ftr-490	1119	32	,	,	PUNCT
ftr-490	1119	33	at	at	ADP
ftr-490	1119	34	least	least	ADJ
ftr-490	1119	35	implicitly	implicitly	ADV
ftr-490	1119	36	,	,	PUNCT
ftr-490	1119	37	rejected	reject	VERB
ftr-490	1119	38	the	the	DET
ftr-490	1119	39	fulton	fulton	PROPN
ftr-490	1119	40	gold	gold	PROPN
ftr-490	1119	41	approach	approach	NOUN
ftr-490	1119	42	to	to	ADP
ftr-490	1119	43	the	the	DET
ftr-490	1119	44	discharge	discharge	NOUN
ftr-490	1119	45	of	of	ADP
ftr-490	1119	46	nonrecourse	nonrecourse	ADJ
ftr-490	1119	47	debt	debt	NOUN
ftr-490	1119	48	in	in	ADP
ftr-490	1119	49	the	the	DET
ftr-490	1119	50	retained	retain	VERB
ftr-490	1119	51	-	-	PUNCT
ftr-490	1119	52	collateral	collateral	NOUN
ftr-490	1119	53	context	context	NOUN
ftr-490	1119	54	.	.	PUNCT
ftr-490	1120	1	that	that	DET
ftr-490	1120	2	case	case	NOUN
ftr-490	1120	3	,	,	PUNCT
ftr-490	1120	4	as	as	SCONJ
ftr-490	1120	5	discussed	discuss	VERB
ftr-490	1120	6	above	above	ADV
ftr-490	1120	7	,	,	PUNCT
ftr-490	1120	8	56	56	NUM
ftr-490	1120	9	came	come	VERB
ftr-490	1120	10	to	to	PART
ftr-490	1120	11	stand	stand	VERB
ftr-490	1120	12	for	for	ADP
ftr-490	1120	13	the	the	DET
ftr-490	1120	14	proposition	proposition	NOUN
ftr-490	1120	15	that	that	SCONJ
ftr-490	1120	16	a	a	DET
ftr-490	1120	17	discharge	discharge	NOUN
ftr-490	1120	18	of	of	ADP
ftr-490	1120	19	nonrecourse	nonrecourse	ADJ
ftr-490	1120	20	debt	debt	NOUN
ftr-490	1120	21	without	without	ADP
ftr-490	1120	22	a	a	DET
ftr-490	1120	23	transfer	transfer	NOUN
ftr-490	1120	24	of	of	ADP
ftr-490	1120	25	the	the	DET
ftr-490	1120	26	securing	securing	NOUN
ftr-490	1120	27	property	property	NOUN
ftr-490	1120	28	does	do	AUX
ftr-490	1120	29	not	not	PART
ftr-490	1120	30	result	result	VERB
ftr-490	1120	31	in	in	ADP
ftr-490	1120	32	cod	cod	NOUN
ftr-490	1120	33	income	income	NOUN
ftr-490	1120	34	but	but	CCONJ
ftr-490	1120	35	rather	rather	ADV
ftr-490	1120	36	results	result	NOUN
ftr-490	1120	37	in	in	ADP
ftr-490	1120	38	a	a	DET
ftr-490	1120	39	decrease	decrease	NOUN
ftr-490	1120	40	in	in	ADP
ftr-490	1120	41	basis	basis	NOUN
ftr-490	1120	42	to	to	ADP
ftr-490	1120	43	the	the	DET
ftr-490	1120	44	extent	extent	NOUN
ftr-490	1120	45	thereof	thereof	ADV
ftr-490	1120	46	.	.	PUNCT
ftr-490	1121	1	the	the	DET
ftr-490	1121	2	implicit	implicit	ADJ
ftr-490	1121	3	conceptual	conceptual	ADJ
ftr-490	1121	4	underpinning	underpinning	NOUN
ftr-490	1121	5	of	of	ADP
ftr-490	1121	6	the	the	DET
ftr-490	1121	7	fulton	fulton	PROPN
ftr-490	1121	8	gold	gold	NOUN
ftr-490	1121	9	approach	approach	NOUN
ftr-490	1121	10	is	be	AUX
ftr-490	1121	11	that	that	SCONJ
ftr-490	1121	12	the	the	DET
ftr-490	1121	13	debt	debt	NOUN
ftr-490	1121	14	should	should	AUX
ftr-490	1121	15	not	not	PART
ftr-490	1121	16	be	be	AUX
ftr-490	1121	17	considered	consider	VERB
ftr-490	1121	18	a	a	DET
ftr-490	1121	19	tax	tax	NOUN
ftr-490	1121	20	attribute	attribute	NOUN
ftr-490	1121	21	separate	separate	ADJ
ftr-490	1121	22	from	from	ADP
ftr-490	1121	23	the	the	DET
ftr-490	1121	24	underlying	underlie	VERB
ftr-490	1121	25	property	property	NOUN
ftr-490	1121	26	securing	secure	VERB
ftr-490	1121	27	the	the	DET
ftr-490	1121	28	debt	debt	NOUN
ftr-490	1121	29	.	.	PUNCT
ftr-490	1122	1	that	that	PRON
ftr-490	1122	2	is	be	AUX
ftr-490	1122	3	the	the	DET
ftr-490	1122	4	approach	approach	NOUN
ftr-490	1122	5	inherent	inherent	ADJ
ftr-490	1122	6	in	in	ADP
ftr-490	1122	7	the	the	DET
ftr-490	1122	8	collapsed	collapsed	ADJ
ftr-490	1122	9	approach	approach	NOUN
ftr-490	1122	10	to	to	ADP
ftr-490	1122	11	nonrecourse	nonrecourse	VERB
ftr-490	1122	12	debt	debt	NOUN
ftr-490	1122	13	in	in	ADP
ftr-490	1122	14	the	the	DET
ftr-490	1122	15	transfer	transfer	NOUN
ftr-490	1122	16	context	context	NOUN
ftr-490	1122	17	and	and	CCONJ
ftr-490	1122	18	the	the	DET
ftr-490	1122	19	approach	approach	NOUN
ftr-490	1122	20	rejected	reject	VERB
ftr-490	1122	21	in	in	ADP
ftr-490	1122	22	the	the	DET
ftr-490	1122	23	bifurcated	bifurcated	ADJ
ftr-490	1122	24	approach	approach	NOUN
ftr-490	1122	25	to	to	PART
ftr-490	1122	26	recourse	recourse	VERB
ftr-490	1122	27	debt	debt	NOUN
ftr-490	1122	28	in	in	ADP
ftr-490	1122	29	the	the	DET
ftr-490	1122	30	transfer	transfer	NOUN
ftr-490	1122	31	context	context	NOUN
ftr-490	1122	32	.	.	PUNCT
ftr-490	1123	1	the	the	DET
ftr-490	1123	2	fulton	fulton	PROPN
ftr-490	1123	3	gold	gold	NOUN
ftr-490	1123	4	approach	approach	NOUN
ftr-490	1123	5	would	would	AUX
ftr-490	1123	6	have	have	AUX
ftr-490	1123	7	produced	produce	VERB
ftr-490	1123	8	either	either	CCONJ
ftr-490	1123	9	a	a	DET
ftr-490	1123	10	negative	negative	ADJ
ftr-490	1123	11	basis	basis	NOUN
ftr-490	1123	12	or	or	CCONJ
ftr-490	1123	13	income	income	NOUN
ftr-490	1123	14	that	that	PRON
ftr-490	1123	15	escapes	escape	VERB
ftr-490	1123	16	taxation	taxation	NOUN
ftr-490	1123	17	and	and	CCONJ
ftr-490	1123	18	so	so	ADV
ftr-490	1123	19	its	its	PRON
ftr-490	1123	20	rejection	rejection	NOUN
ftr-490	1123	21	in	in	ADP
ftr-490	1123	22	gershkowitz	gershkowitz	NOUN
ftr-490	1123	23	might	might	AUX
ftr-490	1123	24	be	be	AUX
ftr-490	1123	25	easily	easily	ADV
ftr-490	1123	26	defended	defend	VERB
ftr-490	1123	27	.	.	PUNCT
ftr-490	1124	1	but	but	CCONJ
ftr-490	1124	2	its	its	PRON
ftr-490	1124	3	rejection	rejection	NOUN
ftr-490	1124	4	is	be	AUX
ftr-490	1124	5	an	an	DET
ftr-490	1124	6	implicit	implicit	ADJ
ftr-490	1124	7	rejection	rejection	NOUN
ftr-490	1124	8	of	of	ADP
ftr-490	1124	9	its	its	PRON
ftr-490	1124	10	conceptual	conceptual	ADJ
ftr-490	1124	11	basis	basis	NOUN
ftr-490	1124	12	as	as	ADV
ftr-490	1124	13	well	well	ADV
ftr-490	1124	14	,	,	PUNCT
ftr-490	1124	15	which	which	PRON
ftr-490	1124	16	collapsed	collapse	VERB
ftr-490	1124	17	the	the	DET
ftr-490	1124	18	nonrecourse	nonrecourse	NOUN
ftr-490	1124	19	debt	debt	NOUN
ftr-490	1124	20	into	into	ADP
ftr-490	1124	21	the	the	DET
ftr-490	1124	22	property	property	NOUN
ftr-490	1124	23	ownership	ownership	NOUN
ftr-490	1124	24	,	,	PUNCT
ftr-490	1124	25	the	the	DET
ftr-490	1124	26	conceptual	conceptual	ADJ
ftr-490	1124	27	basis	basis	NOUN
ftr-490	1124	28	which	which	PRON
ftr-490	1124	29	continues	continue	VERB
ftr-490	1124	30	to	to	PART
ftr-490	1124	31	control	control	VERB
ftr-490	1124	32	the	the	DET
ftr-490	1124	33	very	very	ADV
ftr-490	1124	34	same	same	ADJ
ftr-490	1124	35	debt	debt	NOUN
ftr-490	1124	36	in	in	ADP
ftr-490	1124	37	the	the	DET
ftr-490	1124	38	transfer	transfer	NOUN
ftr-490	1124	39	context	context	NOUN
ftr-490	1124	40	.	.	PUNCT
ftr-490	1125	1	if	if	SCONJ
ftr-490	1125	2	the	the	DET
ftr-490	1125	3	bifurcated	bifurcated	ADJ
ftr-490	1125	4	approach	approach	NOUN
ftr-490	1125	5	were	be	AUX
ftr-490	1125	6	extended	extend	VERB
ftr-490	1125	7	to	to	ADP
ftr-490	1125	8	nonrecourse	nonrecourse	VERB
ftr-490	1125	9	debt	debt	NOUN
ftr-490	1125	10	in	in	ADP
ftr-490	1125	11	the	the	DET
ftr-490	1125	12	transfer	transfer	NOUN
ftr-490	1125	13	context	context	NOUN
ftr-490	1125	14	,	,	PUNCT
ftr-490	1125	15	this	this	DET
ftr-490	1125	16	"	"	PUNCT
ftr-490	1125	17	planning	planning	NOUN
ftr-490	1125	18	opportunity	opportunity	NOUN
ftr-490	1125	19	,	,	PUNCT
ftr-490	1125	20	"	"	PUNCT
ftr-490	1125	21	too	too	ADV
ftr-490	1125	22	,	,	PUNCT
ftr-490	1125	23	would	would	AUX
ftr-490	1125	24	disappear	disappear	VERB
ftr-490	1125	25	.	.	PUNCT
ftr-490	1126	1	whether	whether	SCONJ
ftr-490	1126	2	the	the	DET
ftr-490	1126	3	discharge	discharge	NOUN
ftr-490	1126	4	of	of	ADP
ftr-490	1126	5	the	the	DET
ftr-490	1126	6	nonrecourse	nonrecourse	NOUN
ftr-490	1126	7	debt	debt	NOUN
ftr-490	1126	8	in	in	ADP
ftr-490	1126	9	gershkowitz	gershkowitz	NOUN
ftr-490	1126	10	resulted	result	VERB
ftr-490	1126	11	because	because	SCONJ
ftr-490	1126	12	of	of	ADP
ftr-490	1126	13	a	a	DET
ftr-490	1126	14	transfer	transfer	NOUN
ftr-490	1126	15	of	of	ADP
ftr-490	1126	16	collateral	collateral	NOUN
ftr-490	1126	17	worth	worth	ADJ
ftr-490	1126	18	$	$	SYM
ftr-490	1126	19	2,500	2,500	NUM
ftr-490	1126	20	or	or	CCONJ
ftr-490	1126	21	a	a	DET
ftr-490	1126	22	transfer	transfer	NOUN
ftr-490	1126	23	of	of	ADP
ftr-490	1126	24	$	$	SYM
ftr-490	1126	25	2,500	2,500	NUM
ftr-490	1126	26	in	in	ADP
ftr-490	1126	27	cash	cash	NOUN
ftr-490	1126	28	,	,	PUNCT
ftr-490	1126	29	the	the	DET
ftr-490	1126	30	discharge	discharge	NOUN
ftr-490	1126	31	would	would	AUX
ftr-490	1126	32	produce	produce	VERB
ftr-490	1126	33	cod	cod	NOUN
ftr-490	1126	34	income	income	NOUN
ftr-490	1126	35	,	,	PUNCT
ftr-490	1126	36	and	and	CCONJ
ftr-490	1126	37	the	the	DET
ftr-490	1126	38	chips	chip	NOUN
ftr-490	1126	39	would	would	AUX
ftr-490	1126	40	fall	fall	VERB
ftr-490	1126	41	where	where	SCONJ
ftr-490	1126	42	they	they	PRON
ftr-490	1126	43	would	would	AUX
ftr-490	1126	44	.	.	PUNCT
ftr-490	1127	1	insolvent	insolvent	ADJ
ftr-490	1127	2	or	or	CCONJ
ftr-490	1127	3	bankrupt	bankrupt	ADJ
ftr-490	1127	4	taxpayers	taxpayer	NOUN
ftr-490	1127	5	could	could	AUX
ftr-490	1127	6	defer	defer	VERB
ftr-490	1127	7	the	the	DET
ftr-490	1127	8	income	income	NOUN
ftr-490	1127	9	;	;	PUNCT
ftr-490	1127	10	others	other	NOUN
ftr-490	1127	11	could	could	AUX
ftr-490	1127	12	not	not	PART
ftr-490	1127	13	.	.	PUNCT
ftr-490	1128	1	once	once	ADV
ftr-490	1128	2	again	again	ADV
ftr-490	1128	3	,	,	PUNCT
ftr-490	1128	4	there	there	PRON
ftr-490	1128	5	would	would	AUX
ftr-490	1128	6	be	be	AUX
ftr-490	1128	7	no	no	DET
ftr-490	1128	8	need	need	NOUN
ftr-490	1128	9	to	to	PART
ftr-490	1128	10	make	make	VERB
ftr-490	1128	11	sure	sure	ADJ
ftr-490	1128	12	the	the	DET
ftr-490	1128	13	correct	correct	ADJ
ftr-490	1128	14	item	item	NOUN
ftr-490	1128	15	is	be	AUX
ftr-490	1128	16	transferred	transfer	VERB
ftr-490	1128	17	in	in	ADP
ftr-490	1128	18	connection	connection	NOUN
ftr-490	1128	19	with	with	ADP
ftr-490	1128	20	the	the	DET
ftr-490	1128	21	debt	debt	NOUN
ftr-490	1128	22	cancellation	cancellation	NOUN
ftr-490	1128	23	in	in	ADP
ftr-490	1128	24	order	order	NOUN
ftr-490	1128	25	to	to	PART
ftr-490	1128	26	produce	produce	VERB
ftr-490	1128	27	the	the	DET
ftr-490	1128	28	desired	desire	VERB
ftr-490	1128	29	tax	tax	NOUN
ftr-490	1128	30	results	result	NOUN
ftr-490	1128	31	or	or	CCONJ
ftr-490	1128	32	avoid	avoid	VERB
ftr-490	1128	33	undesired	undesired	ADJ
ftr-490	1128	34	tax	tax	NOUN
ftr-490	1128	35	results	result	NOUN
ftr-490	1128	36	.	.	PUNCT
ftr-490	1129	1	for	for	ADP
ftr-490	1129	2	these	these	DET
ftr-490	1129	3	"	"	PUNCT
ftr-490	1129	4	planning	planning	NOUN
ftr-490	1129	5	opportunities	opportunity	NOUN
ftr-490	1129	6	"	"	PUNCT
ftr-490	1129	7	to	to	PART
ftr-490	1129	8	be	be	AUX
ftr-490	1129	9	justified	justify	VERB
ftr-490	1129	10	,	,	PUNCT
ftr-490	1129	11	the	the	DET
ftr-490	1129	12	dichotomous	dichotomous	ADJ
ftr-490	1129	13	approaches	approach	NOUN
ftr-490	1129	14	to	to	PART
ftr-490	1129	15	recourse	recourse	VERB
ftr-490	1129	16	and	and	CCONJ
ftr-490	1129	17	nonrecourse	nonrecourse	ADJ
ftr-490	1129	18	debt	debt	NOUN
ftr-490	1129	19	in	in	ADP
ftr-490	1129	20	the	the	DET
ftr-490	1129	21	transfer	transfer	NOUN
ftr-490	1129	22	context	context	NOUN
ftr-490	1129	23	must	must	AUX
ftr-490	1129	24	be	be	AUX
ftr-490	1129	25	justifiable	justifiable	ADJ
ftr-490	1129	26	as	as	ADP
ftr-490	1129	27	a	a	DET
ftr-490	1129	28	conceptual	conceptual	ADJ
ftr-490	1129	29	matter	matter	NOUN
ftr-490	1129	30	.	.	PUNCT
ftr-490	1130	1	d.	d.	PROPN
ftr-490	1130	2	asserted	assert	VERB
ftr-490	1130	3	justifications	justification	NOUN
ftr-490	1130	4	for	for	ADP
ftr-490	1130	5	the	the	DET
ftr-490	1130	6	dichotomy	dichotomy	NOUN
ftr-490	1130	7	the	the	DET
ftr-490	1130	8	collapsed	collapsed	ADJ
ftr-490	1130	9	approach	approach	NOUN
ftr-490	1130	10	is	be	AUX
ftr-490	1130	11	certainly	certainly	ADV
ftr-490	1130	12	not	not	PART
ftr-490	1130	13	without	without	ADP
ftr-490	1130	14	its	its	PRON
ftr-490	1130	15	supporters	supporter	NOUN
ftr-490	1130	16	.	.	PUNCT
ftr-490	1131	1	since	since	SCONJ
ftr-490	1131	2	tufts	tuft	NOUN
ftr-490	1131	3	,	,	PUNCT
ftr-490	1131	4	many	many	ADJ
ftr-490	1131	5	commentators	commentator	NOUN
ftr-490	1131	6	,	,	PUNCT
ftr-490	1131	7	including	include	VERB
ftr-490	1131	8	eminent	eminent	ADJ
ftr-490	1131	9	professors	professor	NOUN
ftr-490	1131	10	such	such	ADJ
ftr-490	1131	11	as	as	ADP
ftr-490	1131	12	douglas	douglas	PROPN
ftr-490	1131	13	a.	a.	PROPN
ftr-490	1131	14	the	the	DET
ftr-490	1131	15	form	form	NOUN
ftr-490	1131	16	in	in	ADP
ftr-490	1131	17	which	which	PRON
ftr-490	1131	18	taxpayers	taxpayer	NOUN
ftr-490	1131	19	structure	structure	VERB
ftr-490	1131	20	a	a	DET
ftr-490	1131	21	debt	debt	NOUN
ftr-490	1131	22	cancellation	cancellation	NOUN
ftr-490	1131	23	transaction	transaction	NOUN
ftr-490	1131	24	.	.	PUNCT
ftr-490	1132	1	in	in	ADP
ftr-490	1132	2	the	the	DET
ftr-490	1132	3	context	context	NOUN
ftr-490	1132	4	of	of	ADP
ftr-490	1132	5	a	a	DET
ftr-490	1132	6	nonrecourse	nonrecourse	NOUN
ftr-490	1132	7	debt	debt	NOUN
ftr-490	1132	8	,	,	PUNCT
ftr-490	1132	9	the	the	DET
ftr-490	1132	10	case	case	NOUN
ftr-490	1132	11	confirms	confirm	VERB
ftr-490	1132	12	that	that	SCONJ
ftr-490	1132	13	a	a	DET
ftr-490	1132	14	taxpayer	taxpayer	NOUN
ftr-490	1132	15	can	can	AUX
ftr-490	1132	16	realize	realize	VERB
ftr-490	1132	17	discharge	discharge	NOUN
ftr-490	1132	18	of	of	ADP
ftr-490	1132	19	indebtedness	indebtedness	NOUN
ftr-490	1132	20	income	income	NOUN
ftr-490	1132	21	by	by	ADP
ftr-490	1132	22	paying	pay	VERB
ftr-490	1132	23	cash	cash	NOUN
ftr-490	1132	24	in	in	ADP
ftr-490	1132	25	satisfaction	satisfaction	NOUN
ftr-490	1132	26	of	of	ADP
ftr-490	1132	27	the	the	DET
ftr-490	1132	28	debt	debt	NOUN
ftr-490	1132	29	.	.	PUNCT
ftr-490	1133	1	on	on	ADP
ftr-490	1133	2	the	the	DET
ftr-490	1133	3	other	other	ADJ
ftr-490	1133	4	hand	hand	NOUN
ftr-490	1133	5	,	,	PUNCT
ftr-490	1133	6	if	if	SCONJ
ftr-490	1133	7	capital	capital	NOUN
ftr-490	1133	8	gain	gain	NOUN
ftr-490	1133	9	or	or	CCONJ
ftr-490	1133	10	loss	loss	NOUN
ftr-490	1133	11	is	be	AUX
ftr-490	1133	12	desirable	desirable	ADJ
ftr-490	1133	13	,	,	PUNCT
ftr-490	1133	14	then	then	ADV
ftr-490	1133	15	the	the	DET
ftr-490	1133	16	taxpayer	taxpayer	NOUN
ftr-490	1133	17	can	can	AUX
ftr-490	1133	18	produce	produce	VERB
ftr-490	1133	19	a	a	DET
ftr-490	1133	20	section	section	NOUN
ftr-490	1133	21	1001	1001	NUM
ftr-490	1133	22	sale	sale	NOUN
ftr-490	1133	23	or	or	CCONJ
ftr-490	1133	24	exchange	exchange	NOUN
ftr-490	1133	25	by	by	ADP
ftr-490	1133	26	transferring	transfer	VERB
ftr-490	1133	27	the	the	DET
ftr-490	1133	28	property	property	NOUN
ftr-490	1133	29	securing	secure	VERB
ftr-490	1133	30	the	the	DET
ftr-490	1133	31	debt	debt	NOUN
ftr-490	1133	32	or	or	CCONJ
ftr-490	1133	33	property	property	NOUN
ftr-490	1133	34	with	with	ADP
ftr-490	1133	35	no	no	DET
ftr-490	1133	36	relation	relation	NOUN
ftr-490	1133	37	to	to	ADP
ftr-490	1133	38	the	the	DET
ftr-490	1133	39	initial	initial	ADJ
ftr-490	1133	40	borrowing	borrowing	NOUN
ftr-490	1133	41	transaction	transaction	NOUN
ftr-490	1133	42	to	to	ADP
ftr-490	1133	43	the	the	DET
ftr-490	1133	44	lender	lender	NOUN
ftr-490	1133	45	in	in	ADP
ftr-490	1133	46	satisfaction	satisfaction	NOUN
ftr-490	1133	47	of	of	ADP
ftr-490	1133	48	the	the	DET
ftr-490	1133	49	debt	debt	NOUN
ftr-490	1133	50	.	.	PUNCT
ftr-490	1134	1	witt	witt	PROPN
ftr-490	1134	2	&	&	CCONJ
ftr-490	1134	3	lyons	lyons	PROPN
ftr-490	1134	4	,	,	PUNCT
ftr-490	1134	5	supra	supra	PROPN
ftr-490	1134	6	note	note	PROPN
ftr-490	1134	7	8	8	NUM
ftr-490	1134	8	,	,	PUNCT
ftr-490	1134	9	at	at	ADP
ftr-490	1134	10	80	80	NUM
ftr-490	1134	11	.	.	PUNCT
ftr-490	1135	1	the	the	DET
ftr-490	1135	2	service	service	NOUN
ftr-490	1135	3	confirmed	confirm	VERB
ftr-490	1135	4	these	these	DET
ftr-490	1135	5	results	result	NOUN
ftr-490	1135	6	regarding	regard	VERB
ftr-490	1135	7	cod	cod	NOUN
ftr-490	1135	8	income	income	NOUN
ftr-490	1135	9	in	in	ADP
ftr-490	1135	10	revenue	revenue	NOUN
ftr-490	1135	11	ruling	rule	VERB
ftr-490	1135	12	91	91	NUM
ftr-490	1135	13	-	-	SYM
ftr-490	1135	14	31	31	NUM
ftr-490	1135	15	,	,	PUNCT
ftr-490	1135	16	1991	1991	NUM
ftr-490	1135	17	-	-	SYM
ftr-490	1135	18	1	1	NUM
ftr-490	1135	19	c.b	c.b	PROPN
ftr-490	1135	20	.	.	PROPN
ftr-490	1135	21	19	19	NUM
ftr-490	1135	22	.	.	PUNCT
ftr-490	1136	1	see	see	VERB
ftr-490	1136	2	supra	supra	PROPN
ftr-490	1136	3	notes	note	VERB
ftr-490	1136	4	132	132	NUM
ftr-490	1136	5	-	-	SYM
ftr-490	1136	6	36	36	NUM
ftr-490	1136	7	and	and	CCONJ
ftr-490	1136	8	accompanying	accompany	VERB
ftr-490	1136	9	text	text	NOUN
ftr-490	1136	10	.	.	PUNCT
ftr-490	1137	1	156	156	NUM
ftr-490	1137	2	.	.	PUNCT
ftr-490	1138	1	see	see	VERB
ftr-490	1138	2	supra	supra	PROPN
ftr-490	1138	3	notes	note	VERB
ftr-490	1138	4	118	118	NUM
ftr-490	1138	5	-	-	SYM
ftr-490	1138	6	24	24	NUM
ftr-490	1138	7	and	and	CCONJ
ftr-490	1138	8	accompanying	accompany	VERB
ftr-490	1138	9	text	text	NOUN
ftr-490	1138	10	(	(	PUNCT
ftr-490	1138	11	discussing	discuss	VERB
ftr-490	1138	12	fulton	fulton	PROPN
ftr-490	1138	13	gold	gold	PROPN
ftr-490	1138	14	)	)	PUNCT
ftr-490	1138	15	.	.	PUNCT
ftr-490	1139	1	19921	19921	NUM
ftr-490	1139	2	florida	florida	PROPN
ftr-490	1139	3	tax	tax	PROPN
ftr-490	1139	4	review	review	PROPN
ftr-490	1139	5	kahn	kahn	PROPN
ftr-490	1139	6	,	,	PUNCT
ftr-490	1139	7	57	57	NUM
ftr-490	1139	8	have	have	AUX
ftr-490	1139	9	defended	defend	VERB
ftr-490	1139	10	the	the	DET
ftr-490	1139	11	use	use	NOUN
ftr-490	1139	12	of	of	ADP
ftr-490	1139	13	the	the	DET
ftr-490	1139	14	collapsed	collapse	VERB
ftr-490	1139	15	approach	approach	NOUN
ftr-490	1139	16	for	for	ADP
ftr-490	1139	17	nonrecourse	nonrecourse	NOUN
ftr-490	1139	18	debt	debt	NOUN
ftr-490	1139	19	while	while	SCONJ
ftr-490	1139	20	maintaining	maintain	VERB
ftr-490	1139	21	the	the	DET
ftr-490	1139	22	use	use	NOUN
ftr-490	1139	23	of	of	ADP
ftr-490	1139	24	the	the	DET
ftr-490	1139	25	bifurcated	bifurcated	ADJ
ftr-490	1139	26	approach	approach	NOUN
ftr-490	1139	27	for	for	ADP
ftr-490	1139	28	recourse	recourse	NOUN
ftr-490	1139	29	debt	debt	NOUN
ftr-490	1139	30	for	for	ADP
ftr-490	1139	31	reasons	reason	NOUN
ftr-490	1139	32	independent	independent	ADJ
ftr-490	1139	33	of	of	ADP
ftr-490	1139	34	the	the	DET
ftr-490	1139	35	stated	stated	ADJ
ftr-490	1139	36	reasoning	reasoning	NOUN
ftr-490	1139	37	of	of	ADP
ftr-490	1139	38	the	the	DET
ftr-490	1139	39	tufts	tufts	NOUN
ftr-490	1139	40	court	court	NOUN
ftr-490	1139	41	majority	majority	NOUN
ftr-490	1139	42	.	.	PUNCT
ftr-490	1140	1	they	they	PRON
ftr-490	1140	2	defend	defend	VERB
ftr-490	1140	3	the	the	DET
ftr-490	1140	4	collapsed	collapse	VERB
ftr-490	1140	5	approach	approach	NOUN
ftr-490	1140	6	,	,	PUNCT
ftr-490	1140	7	under	under	ADP
ftr-490	1140	8	which	which	PRON
ftr-490	1140	9	the	the	DET
ftr-490	1140	10	debt	debt	NOUN
ftr-490	1140	11	relief	relief	NOUN
ftr-490	1140	12	is	be	AUX
ftr-490	1140	13	deemed	deem	VERB
ftr-490	1140	14	tied	tie	VERB
ftr-490	1140	15	too	too	ADV
ftr-490	1140	16	intimately	intimately	ADV
ftr-490	1140	17	to	to	ADP
ftr-490	1140	18	the	the	DET
ftr-490	1140	19	property	property	NOUN
ftr-490	1140	20	disposition	disposition	NOUN
ftr-490	1140	21	to	to	PART
ftr-490	1140	22	be	be	AUX
ftr-490	1140	23	treated	treat	VERB
ftr-490	1140	24	independently	independently	ADV
ftr-490	1140	25	,	,	PUNCT
ftr-490	1140	26	by	by	ADP
ftr-490	1140	27	arguing	argue	VERB
ftr-490	1140	28	that	that	SCONJ
ftr-490	1140	29	there	there	PRON
ftr-490	1140	30	is	be	VERB
ftr-490	1140	31	,	,	PUNCT
ftr-490	1140	32	in	in	ADP
ftr-490	1140	33	fact	fact	NOUN
ftr-490	1140	34	,	,	PUNCT
ftr-490	1140	35	no	no	DET
ftr-490	1140	36	debt	debt	NOUN
ftr-490	1140	37	discharge	discharge	NOUN
ftr-490	1140	38	.	.	PUNCT
ftr-490	1141	1	some	some	PRON
ftr-490	1141	2	simply	simply	ADV
ftr-490	1141	3	argue	argue	VERB
ftr-490	1141	4	that	that	SCONJ
ftr-490	1141	5	the	the	DET
ftr-490	1141	6	debt	debt	NOUN
ftr-490	1141	7	is	be	AUX
ftr-490	1141	8	satisfied	satisfied	ADJ
ftr-490	1141	9	in	in	ADP
ftr-490	1141	10	full	full	ADJ
ftr-490	1141	11	according	accord	VERB
ftr-490	1141	12	to	to	ADP
ftr-490	1141	13	the	the	DET
ftr-490	1141	14	terms	term	NOUN
ftr-490	1141	15	of	of	ADP
ftr-490	1141	16	the	the	DET
ftr-490	1141	17	debt	debt	NOUN
ftr-490	1141	18	obligation	obligation	NOUN
ftr-490	1141	19	by	by	ADP
ftr-490	1141	20	the	the	DET
ftr-490	1141	21	transfer	transfer	NOUN
ftr-490	1141	22	of	of	ADP
ftr-490	1141	23	the	the	DET
ftr-490	1141	24	property	property	NOUN
ftr-490	1141	25	and	and	CCONJ
ftr-490	1141	26	thus	thus	ADV
ftr-490	1141	27	there	there	PRON
ftr-490	1141	28	is	be	VERB
ftr-490	1141	29	no	no	DET
ftr-490	1141	30	income	income	NOUN
ftr-490	1141	31	from	from	ADP
ftr-490	1141	32	the	the	DET
ftr-490	1141	33	"	"	PUNCT
ftr-490	1141	34	discharge	discharge	NOUN
ftr-490	1141	35	"	"	PUNCT
ftr-490	1141	36	of	of	ADP
ftr-490	1141	37	indebtedness	indebtedness	NOUN
ftr-490	1141	38	within	within	ADP
ftr-490	1141	39	the	the	DET
ftr-490	1141	40	meaning	meaning	NOUN
ftr-490	1141	41	of	of	ADP
ftr-490	1141	42	section	section	NOUN
ftr-490	1141	43	61(a)(12	61(a)(12	NUM
ftr-490	1141	44	)	)	PUNCT
ftr-490	1141	45	by	by	ADP
ftr-490	1141	46	definition	definition	NOUN
ftr-490	1141	47	.	.	PUNCT
ftr-490	1141	48	'	'	PUNCT
ftr-490	1142	1	some	some	PRON
ftr-490	1142	2	take	take	VERB
ftr-490	1142	3	the	the	DET
ftr-490	1142	4	analysis	analysis	NOUN
ftr-490	1142	5	a	a	DET
ftr-490	1142	6	step	step	NOUN
ftr-490	1142	7	further	far	ADV
ftr-490	1142	8	by	by	ADP
ftr-490	1142	9	viewing	view	VERB
ftr-490	1142	10	nonrecourse	nonrecourse	NOUN
ftr-490	1142	11	debt	debt	NOUN
ftr-490	1142	12	as	as	ADP
ftr-490	1142	13	encompassing	encompass	VERB
ftr-490	1142	14	an	an	DET
ftr-490	1142	15	option	option	NOUN
ftr-490	1142	16	component	component	NOUN
ftr-490	1142	17	to	to	ADP
ftr-490	1142	18	put'59	put'59	PROPN
ftr-490	1142	19	the	the	DET
ftr-490	1142	20	property	property	NOUN
ftr-490	1142	21	back	back	ADV
ftr-490	1142	22	to	to	ADP
ftr-490	1142	23	the	the	DET
ftr-490	1142	24	creditor	creditor	NOUN
ftr-490	1142	25	if	if	SCONJ
ftr-490	1142	26	the	the	DET
ftr-490	1142	27	fair	fair	ADJ
ftr-490	1142	28	market	market	NOUN
ftr-490	1142	29	value	value	NOUN
ftr-490	1142	30	of	of	ADP
ftr-490	1142	31	the	the	DET
ftr-490	1142	32	property	property	NOUN
ftr-490	1142	33	falls	fall	VERB
ftr-490	1142	34	157	157	NUM
ftr-490	1142	35	.	.	PUNCT
ftr-490	1143	1	professor	professor	NOUN
ftr-490	1143	2	kahn	kahn	PROPN
ftr-490	1143	3	is	be	AUX
ftr-490	1143	4	the	the	DET
ftr-490	1143	5	paul	paul	PROPN
ftr-490	1143	6	g.	g.	PROPN
ftr-490	1143	7	kauper	kauper	PROPN
ftr-490	1143	8	professor	professor	PROPN
ftr-490	1143	9	of	of	ADP
ftr-490	1143	10	law	law	NOUN
ftr-490	1143	11	at	at	ADP
ftr-490	1143	12	the	the	DET
ftr-490	1143	13	university	university	PROPN
ftr-490	1143	14	of	of	ADP
ftr-490	1143	15	michigan	michigan	PROPN
ftr-490	1143	16	.	.	PUNCT
ftr-490	1144	1	see	see	VERB
ftr-490	1144	2	the	the	DET
ftr-490	1144	3	directory	directory	NOUN
ftr-490	1144	4	,	,	PUNCT
ftr-490	1144	5	supra	supra	PROPN
ftr-490	1144	6	note	note	NOUN
ftr-490	1144	7	31	31	NUM
ftr-490	1144	8	,	,	PUNCT
ftr-490	1144	9	at	at	ADP
ftr-490	1144	10	501	501	NUM
ftr-490	1144	11	.	.	PUNCT
ftr-490	1145	1	see	see	VERB
ftr-490	1145	2	also	also	ADV
ftr-490	1145	3	infra	infra	VERB
ftr-490	1145	4	notes	note	VERB
ftr-490	1145	5	162	162	NUM
ftr-490	1145	6	-	-	SYM
ftr-490	1145	7	73	73	NUM
ftr-490	1145	8	and	and	CCONJ
ftr-490	1145	9	accompanying	accompany	VERB
ftr-490	1145	10	text	text	NOUN
ftr-490	1145	11	(	(	PUNCT
ftr-490	1145	12	discussing	discuss	VERB
ftr-490	1145	13	professor	professor	PROPN
ftr-490	1145	14	kahn	kahn	PROPN
ftr-490	1145	15	's	's	PART
ftr-490	1145	16	position	position	NOUN
ftr-490	1145	17	)	)	PUNCT
ftr-490	1145	18	.	.	PUNCT
ftr-490	1146	1	158	158	X
ftr-490	1146	2	.	.	PUNCT
ftr-490	1147	1	see	see	VERB
ftr-490	1147	2	,	,	PUNCT
ftr-490	1147	3	for	for	ADP
ftr-490	1147	4	example	example	NOUN
ftr-490	1147	5	,	,	PUNCT
ftr-490	1147	6	the	the	DET
ftr-490	1147	7	following	follow	VERB
ftr-490	1147	8	quotation	quotation	NOUN
ftr-490	1147	9	from	from	ADP
ftr-490	1147	10	fred	fred	PROPN
ftr-490	1147	11	t.	t.	PROPN
ftr-490	1147	12	witt	witt	PROPN
ftr-490	1147	13	and	and	CCONJ
ftr-490	1147	14	william	william	PROPN
ftr-490	1147	15	h.	h.	PROPN
ftr-490	1147	16	lyons	lyons	PROPN
ftr-490	1147	17	:	:	PUNCT
ftr-490	1148	1	[	[	X
ftr-490	1148	2	t]he	t]he	X
ftr-490	1148	3	distinction	distinction	NOUN
ftr-490	1148	4	drawn	draw	VERB
ftr-490	1148	5	by	by	ADP
ftr-490	1148	6	the	the	DET
ftr-490	1148	7	regulations	regulation	NOUN
ftr-490	1148	8	between	between	ADP
ftr-490	1148	9	recourse	recourse	NOUN
ftr-490	1148	10	and	and	CCONJ
ftr-490	1148	11	nonrecourse	nonrecourse	NOUN
ftr-490	1148	12	debt	debt	NOUN
ftr-490	1148	13	is	be	AUX
ftr-490	1148	14	necessary	necessary	ADJ
ftr-490	1148	15	because	because	SCONJ
ftr-490	1148	16	treasury	treasury	PROPN
ftr-490	1148	17	and	and	CCONJ
ftr-490	1148	18	the	the	DET
ftr-490	1148	19	service	service	NOUN
ftr-490	1148	20	have	have	AUX
ftr-490	1148	21	adopted	adopt	VERB
ftr-490	1148	22	the	the	DET
ftr-490	1148	23	position	position	NOUN
ftr-490	1148	24	,	,	PUNCT
ftr-490	1148	25	accepted	accept	VERB
ftr-490	1148	26	by	by	ADP
ftr-490	1148	27	the	the	DET
ftr-490	1148	28	supreme	supreme	PROPN
ftr-490	1148	29	court	court	PROPN
ftr-490	1148	30	in	in	ADP
ftr-490	1148	31	commissioner	commissioner	PROPN
ftr-490	1148	32	v.	v.	ADP
ftr-490	1148	33	tufts	tuft	NOUN
ftr-490	1148	34	,	,	PUNCT
ftr-490	1148	35	that	that	SCONJ
ftr-490	1148	36	nonrecourse	nonrecourse	NOUN
ftr-490	1148	37	debt	debt	NOUN
ftr-490	1148	38	is	be	AUX
ftr-490	1148	39	true	true	ADJ
ftr-490	1148	40	debt	debt	NOUN
ftr-490	1148	41	.	.	PUNCT
ftr-490	1149	1	under	under	ADP
ftr-490	1149	2	this	this	DET
ftr-490	1149	3	position	position	NOUN
ftr-490	1149	4	,	,	PUNCT
ftr-490	1149	5	a	a	DET
ftr-490	1149	6	transfer	transfer	NOUN
ftr-490	1149	7	of	of	ADP
ftr-490	1149	8	collateral	collateral	NOUN
ftr-490	1149	9	to	to	ADP
ftr-490	1149	10	the	the	DET
ftr-490	1149	11	lender	lender	NOUN
ftr-490	1149	12	in	in	ADP
ftr-490	1149	13	satisfaction	satisfaction	NOUN
ftr-490	1149	14	of	of	ADP
ftr-490	1149	15	a	a	DET
ftr-490	1149	16	nonrecourse	nonrecourse	NOUN
ftr-490	1149	17	debt	debt	NOUN
ftr-490	1149	18	will	will	AUX
ftr-490	1149	19	not	not	PART
ftr-490	1149	20	give	give	VERB
ftr-490	1149	21	rise	rise	NOUN
ftr-490	1149	22	to	to	PART
ftr-490	1149	23	discharge	discharge	VERB
ftr-490	1149	24	of	of	ADP
ftr-490	1149	25	indebtedness	indebtedness	NOUN
ftr-490	1149	26	income	income	NOUN
ftr-490	1149	27	because	because	SCONJ
ftr-490	1149	28	the	the	DET
ftr-490	1149	29	debt	debt	NOUN
ftr-490	1149	30	has	have	AUX
ftr-490	1149	31	been	be	AUX
ftr-490	1149	32	satisfied	satisfied	ADJ
ftr-490	1149	33	according	accord	VERB
ftr-490	1149	34	to	to	ADP
ftr-490	1149	35	its	its	PRON
ftr-490	1149	36	terms	term	NOUN
ftr-490	1149	37	.	.	PUNCT
ftr-490	1150	1	that	that	PRON
ftr-490	1150	2	is	is	ADV
ftr-490	1150	3	,	,	PUNCT
ftr-490	1150	4	the	the	DET
ftr-490	1150	5	lender	lender	NOUN
ftr-490	1150	6	's	's	PART
ftr-490	1150	7	only	only	ADJ
ftr-490	1150	8	recourse	recourse	NOUN
ftr-490	1150	9	in	in	ADP
ftr-490	1150	10	the	the	DET
ftr-490	1150	11	event	event	NOUN
ftr-490	1150	12	of	of	ADP
ftr-490	1150	13	a	a	DET
ftr-490	1150	14	default	default	NOUN
ftr-490	1150	15	on	on	ADP
ftr-490	1150	16	the	the	DET
ftr-490	1150	17	debt	debt	NOUN
ftr-490	1150	18	instrument	instrument	NOUN
ftr-490	1150	19	is	be	AUX
ftr-490	1150	20	repossession	repossession	NOUN
ftr-490	1150	21	of	of	ADP
ftr-490	1150	22	the	the	DET
ftr-490	1150	23	collateral	collateral	NOUN
ftr-490	1150	24	.	.	PUNCT
ftr-490	1151	1	witt	witt	PROPN
ftr-490	1151	2	&	&	CCONJ
ftr-490	1151	3	lyons	lyons	PROPN
ftr-490	1151	4	,	,	PUNCT
ftr-490	1151	5	supra	supra	PROPN
ftr-490	1151	6	note	note	PROPN
ftr-490	1151	7	8	8	NUM
ftr-490	1151	8	,	,	PUNCT
ftr-490	1151	9	at	at	ADP
ftr-490	1151	10	59	59	NUM
ftr-490	1151	11	(	(	PUNCT
ftr-490	1151	12	emphasis	emphasis	NOUN
ftr-490	1151	13	added	add	VERB
ftr-490	1151	14	)	)	PUNCT
ftr-490	1151	15	(	(	PUNCT
ftr-490	1151	16	footnotes	footnote	NOUN
ftr-490	1151	17	omitted	omit	VERB
ftr-490	1151	18	)	)	PUNCT
ftr-490	1151	19	.	.	PUNCT
ftr-490	1152	1	159	159	NUM
ftr-490	1152	2	.	.	PUNCT
ftr-490	1153	1	a	a	DET
ftr-490	1153	2	"	"	PUNCT
ftr-490	1153	3	put	put	NOUN
ftr-490	1153	4	"	"	PUNCT
ftr-490	1153	5	is	be	AUX
ftr-490	1153	6	an	an	DET
ftr-490	1153	7	option	option	NOUN
ftr-490	1153	8	entitling	entitle	VERB
ftr-490	1153	9	the	the	DET
ftr-490	1153	10	holder	holder	NOUN
ftr-490	1153	11	to	to	PART
ftr-490	1153	12	sell	sell	VERB
ftr-490	1153	13	property	property	NOUN
ftr-490	1153	14	for	for	ADP
ftr-490	1153	15	a	a	DET
ftr-490	1153	16	specified	specify	VERB
ftr-490	1153	17	price	price	NOUN
ftr-490	1153	18	to	to	ADP
ftr-490	1153	19	the	the	DET
ftr-490	1153	20	other	other	ADJ
ftr-490	1153	21	party	party	NOUN
ftr-490	1153	22	to	to	ADP
ftr-490	1153	23	the	the	DET
ftr-490	1153	24	option	option	NOUN
ftr-490	1153	25	.	.	PUNCT
ftr-490	1154	1	a	a	DET
ftr-490	1154	2	more	more	ADV
ftr-490	1154	3	far	far	ADV
ftr-490	1154	4	-	-	PUNCT
ftr-490	1154	5	reaching	reach	VERB
ftr-490	1154	6	analysis	analysis	NOUN
ftr-490	1154	7	of	of	ADP
ftr-490	1154	8	nonrecourse	nonrecourse	NOUN
ftr-490	1154	9	debt	debt	NOUN
ftr-490	1154	10	is	be	AUX
ftr-490	1154	11	to	to	PART
ftr-490	1154	12	view	view	VERB
ftr-490	1154	13	the	the	DET
ftr-490	1154	14	lender	lender	NOUN
ftr-490	1154	15	as	as	ADP
ftr-490	1154	16	the	the	DET
ftr-490	1154	17	true	true	ADJ
ftr-490	1154	18	owner	owner	NOUN
ftr-490	1154	19	of	of	ADP
ftr-490	1154	20	the	the	DET
ftr-490	1154	21	property	property	NOUN
ftr-490	1154	22	with	with	ADP
ftr-490	1154	23	the	the	DET
ftr-490	1154	24	debtor	debtor	NOUN
ftr-490	1154	25	as	as	ADP
ftr-490	1154	26	the	the	DET
ftr-490	1154	27	holder	holder	NOUN
ftr-490	1154	28	of	of	ADP
ftr-490	1154	29	a	a	DET
ftr-490	1154	30	"	"	PUNCT
ftr-490	1154	31	call	call	NOUN
ftr-490	1154	32	"	"	PUNCT
ftr-490	1154	33	option	option	NOUN
ftr-490	1154	34	,	,	PUNCT
ftr-490	1154	35	an	an	DET
ftr-490	1154	36	option	option	NOUN
ftr-490	1154	37	entitling	entitle	VERB
ftr-490	1154	38	the	the	DET
ftr-490	1154	39	holder	holder	NOUN
ftr-490	1154	40	to	to	PART
ftr-490	1154	41	purchase	purchase	VERB
ftr-490	1154	42	property	property	NOUN
ftr-490	1154	43	for	for	ADP
ftr-490	1154	44	a	a	DET
ftr-490	1154	45	specified	specify	VERB
ftr-490	1154	46	price	price	NOUN
ftr-490	1154	47	from	from	ADP
ftr-490	1154	48	the	the	DET
ftr-490	1154	49	other	other	ADJ
ftr-490	1154	50	party	party	NOUN
ftr-490	1154	51	to	to	ADP
ftr-490	1154	52	the	the	DET
ftr-490	1154	53	option	option	NOUN
ftr-490	1154	54	,	,	PUNCT
ftr-490	1154	55	which	which	PRON
ftr-490	1154	56	the	the	DET
ftr-490	1154	57	debtor	debtor	NOUN
ftr-490	1154	58	would	would	AUX
ftr-490	1154	59	exercise	exercise	VERB
ftr-490	1154	60	by	by	ADP
ftr-490	1154	61	paying	pay	VERB
ftr-490	1154	62	off	off	ADP
ftr-490	1154	63	the	the	DET
ftr-490	1154	64	purported	purport	VERB
ftr-490	1154	65	"	"	PUNCT
ftr-490	1154	66	principal	principal	ADJ
ftr-490	1154	67	amount	amount	NOUN
ftr-490	1154	68	"	"	PUNCT
ftr-490	1154	69	if	if	SCONJ
ftr-490	1154	70	the	the	DET
ftr-490	1154	71	fair	fair	ADJ
ftr-490	1154	72	market	market	NOUN
ftr-490	1154	73	value	value	NOUN
ftr-490	1154	74	of	of	ADP
ftr-490	1154	75	the	the	DET
ftr-490	1154	76	property	property	NOUN
ftr-490	1154	77	continues	continue	VERB
ftr-490	1154	78	to	to	PART
ftr-490	1154	79	exceed	exceed	VERB
ftr-490	1154	80	the	the	DET
ftr-490	1154	81	amount	amount	NOUN
ftr-490	1154	82	of	of	ADP
ftr-490	1154	83	the	the	DET
ftr-490	1154	84	purported	purport	VERB
ftr-490	1154	85	debt	debt	NOUN
ftr-490	1154	86	.	.	PUNCT
ftr-490	1155	1	see	see	VERB
ftr-490	1155	2	robinson	robinson	PROPN
ftr-490	1155	3	,	,	PUNCT
ftr-490	1155	4	supra	supra	PROPN
ftr-490	1155	5	note	note	NOUN
ftr-490	1155	6	9	9	NUM
ftr-490	1155	7	,	,	PUNCT
ftr-490	1155	8	at	at	ADP
ftr-490	1155	9	42	42	NUM
ftr-490	1155	10	-	-	SYM
ftr-490	1155	11	43	43	NUM
ftr-490	1155	12	(	(	PUNCT
ftr-490	1155	13	discussing	discuss	VERB
ftr-490	1155	14	this	this	DET
ftr-490	1155	15	approach	approach	NOUN
ftr-490	1155	16	in	in	ADP
ftr-490	1155	17	extreme	extreme	ADJ
ftr-490	1155	18	cases	case	NOUN
ftr-490	1155	19	)	)	PUNCT
ftr-490	1155	20	.	.	PUNCT
ftr-490	1156	1	this	this	DET
ftr-490	1156	2	analysis	analysis	NOUN
ftr-490	1156	3	was	be	AUX
ftr-490	1156	4	suggested	suggest	VERB
ftr-490	1156	5	by	by	ADP
ftr-490	1156	6	the	the	DET
ftr-490	1156	7	tax	tax	NOUN
ftr-490	1156	8	court	court	NOUN
ftr-490	1156	9	in	in	ADP
ftr-490	1156	10	estate	estate	NOUN
ftr-490	1156	11	of	of	ADP
ftr-490	1156	12	franklin	franklin	PROPN
ftr-490	1156	13	v.	v.	PROPN
ftr-490	1156	14	commissioner	commissioner	PROPN
ftr-490	1156	15	,	,	PUNCT
ftr-490	1156	16	64	64	NUM
ftr-490	1156	17	t.c	t.c	PROPN
ftr-490	1156	18	.	.	PROPN
ftr-490	1157	1	752	752	NUM
ftr-490	1157	2	(	(	PUNCT
ftr-490	1157	3	1975	1975	NUM
ftr-490	1157	4	)	)	PUNCT
ftr-490	1158	1	,	,	PUNCT
ftr-490	1158	2	aff'd	aff'd	NOUN
ftr-490	1158	3	,	,	PUNCT
ftr-490	1158	4	544	544	NUM
ftr-490	1158	5	f.2d	f.2d	NOUN
ftr-490	1158	6	1045	1045	NUM
ftr-490	1158	7	(	(	PUNCT
ftr-490	1158	8	9th	9th	ADJ
ftr-490	1158	9	cir	cir	NOUN
ftr-490	1158	10	.	.	PROPN
ftr-490	1158	11	1976	1976	NUM
ftr-490	1158	12	)	)	PUNCT
ftr-490	1158	13	,	,	PUNCT
ftr-490	1158	14	in	in	ADP
ftr-490	1158	15	which	which	PRON
ftr-490	1158	16	the	the	DET
ftr-490	1158	17	amount	amount	NOUN
ftr-490	1158	18	of	of	ADP
ftr-490	1158	19	nonrecourse	nonrecourse	NOUN
ftr-490	1158	20	debt	debt	NOUN
ftr-490	1158	21	exceeded	exceed	VERB
ftr-490	1158	22	the	the	DET
ftr-490	1158	23	fair	fair	ADJ
ftr-490	1158	24	market	market	NOUN
ftr-490	1158	25	value	value	NOUN
ftr-490	1158	26	of	of	ADP
ftr-490	1158	27	the	the	DET
ftr-490	1158	28	property	property	NOUN
ftr-490	1158	29	ostensibly	ostensibly	ADV
ftr-490	1158	30	purchased	purchase	VERB
ftr-490	1158	31	with	with	ADP
ftr-490	1158	32	the	the	DET
ftr-490	1158	33	debt	debt	NOUN
ftr-490	1158	34	by	by	ADP
ftr-490	1158	35	such	such	DET
ftr-490	1158	36	an	an	DET
ftr-490	1158	37	exorbitant	exorbitant	ADJ
ftr-490	1158	38	amount	amount	NOUN
ftr-490	1158	39	that	that	PRON
ftr-490	1158	40	the	the	DET
ftr-490	1158	41	tax	tax	NOUN
ftr-490	1158	42	court	court	NOUN
ftr-490	1158	43	concluded	conclude	VERB
ftr-490	1158	44	that	that	SCONJ
ftr-490	1158	45	all	all	DET
ftr-490	1158	46	the	the	DET
ftr-490	1158	47	buyers	buyer	NOUN
ftr-490	1158	48	had	have	AUX
ftr-490	1158	49	done	do	VERB
ftr-490	1158	50	in	in	ADP
ftr-490	1158	51	effect	effect	NOUN
ftr-490	1158	52	was	be	AUX
ftr-490	1158	53	to	to	PART
ftr-490	1158	54	purchase	purchase	VERB
ftr-490	1158	55	a	a	DET
ftr-490	1158	56	call	call	NOUN
ftr-490	1158	57	option	option	NOUN
ftr-490	1158	58	for	for	ADP
ftr-490	1158	59	the	the	DET
ftr-490	1158	60	property	property	NOUN
ftr-490	1158	61	with	with	ADP
ftr-490	1158	62	the	the	DET
ftr-490	1158	63	purported	purport	VERB
ftr-490	1158	64	"	"	PUNCT
ftr-490	1158	65	down	down	ADP
ftr-490	1158	66	payment	payment	NOUN
ftr-490	1158	67	.	.	PUNCT
ftr-490	1158	68	"	"	PUNCT
ftr-490	1159	1	64	64	NUM
ftr-490	1159	2	t.c	t.c	PROPN
ftr-490	1159	3	.	.	PUNCT
ftr-490	1160	1	at	at	ADP
ftr-490	1160	2	762	762	NUM
ftr-490	1160	3	&	&	CCONJ
ftr-490	1160	4	n.7	n.7	PROPN
ftr-490	1160	5	;	;	PUNCT
ftr-490	1160	6	544	544	NUM
ftr-490	1160	7	f.2d	f.2d	X
ftr-490	1160	8	at	at	ADP
ftr-490	1160	9	1047	1047	NUM
ftr-490	1160	10	n.3	n.3	NOUN
ftr-490	1160	11	.	.	PUNCT
ftr-490	1161	1	in	in	ADP
ftr-490	1161	2	such	such	ADJ
ftr-490	1161	3	cases	case	NOUN
ftr-490	1161	4	,	,	PUNCT
ftr-490	1161	5	foreclosure	foreclosure	NOUN
ftr-490	1161	6	would	would	AUX
ftr-490	1161	7	not	not	PART
ftr-490	1161	8	result	result	VERB
ftr-490	1161	9	in	in	ADP
ftr-490	1161	10	a	a	DET
ftr-490	1161	11	property	property	NOUN
ftr-490	1161	12	disposition	disposition	NOUN
ftr-490	1161	13	under	under	ADP
ftr-490	1161	14	section	section	NOUN
ftr-490	1161	15	1001	1001	NUM
ftr-490	1161	16	for	for	ADP
ftr-490	1161	17	the	the	DET
ftr-490	1161	18	debtor	debtor	NOUN
ftr-490	1161	19	,	,	PUNCT
ftr-490	1161	20	as	as	SCONJ
ftr-490	1161	21	the	the	DET
ftr-490	1161	22	debtor	debtor	NOUN
ftr-490	1161	23	is	be	AUX
ftr-490	1161	24	never	never	ADV
ftr-490	1161	25	considered	consider	VERB
ftr-490	1161	26	as	as	ADP
ftr-490	1161	27	owning	own	VERB
ftr-490	1161	28	the	the	DET
ftr-490	1161	29	property	property	NOUN
ftr-490	1161	30	for	for	ADP
ftr-490	1161	31	tax	tax	NOUN
ftr-490	1161	32	purposes	purpose	NOUN
ftr-490	1161	33	.	.	PUNCT
ftr-490	1162	1	the	the	DET
ftr-490	1162	2	debt	debt	NOUN
ftr-490	1162	3	is	be	AUX
ftr-490	1162	4	not	not	PART
ftr-490	1162	5	respected	respect	VERB
ftr-490	1162	6	as	as	ADP
ftr-490	1162	7	bona	bona	ADJ
ftr-490	1162	8	fide	fide	ADJ
ftr-490	1162	9	debt	debt	NOUN
ftr-490	1162	10	.	.	PUNCT
ftr-490	1163	1	in	in	ADP
ftr-490	1163	2	less	less	ADV
ftr-490	1163	3	extreme	extreme	ADJ
ftr-490	1163	4	cases	case	NOUN
ftr-490	1163	5	,	,	PUNCT
ftr-490	1163	6	in	in	ADP
ftr-490	1163	7	those	those	DET
ftr-490	1163	8	run	run	NOUN
ftr-490	1163	9	-	-	PUNCT
ftr-490	1163	10	of	of	ADP
ftr-490	1163	11	-	-	PUNCT
ftr-490	1163	12	the	the	DET
ftr-490	1163	13	-	-	PUNCT
ftr-490	1163	14	mill	mill	NOUN
ftr-490	1163	15	situations	situation	NOUN
ftr-490	1163	16	in	in	ADP
ftr-490	1163	17	which	which	PRON
ftr-490	1163	18	the	the	DET
ftr-490	1163	19	nonrecourse	nonrecourse	NOUN
ftr-490	1163	20	purchase	purchase	NOUN
ftr-490	1163	21	debt	debt	NOUN
ftr-490	1163	22	is	be	AUX
ftr-490	1163	23	not	not	PART
ftr-490	1163	24	so	so	ADV
ftr-490	1163	25	inflated	inflated	ADJ
ftr-490	1163	26	that	that	SCONJ
ftr-490	1163	27	no	no	DET
ftr-490	1163	28	purchase	purchase	NOUN
ftr-490	1163	29	is	be	AUX
ftr-490	1163	30	deemed	deem	VERB
ftr-490	1163	31	to	to	PART
ftr-490	1163	32	occur	occur	VERB
ftr-490	1163	33	in	in	ADP
ftr-490	1163	34	the	the	DET
ftr-490	1163	35	first	first	ADJ
ftr-490	1163	36	instance	instance	NOUN
ftr-490	1163	37	,	,	PUNCT
ftr-490	1163	38	the	the	DET
ftr-490	1163	39	debtor	debtor	NOUN
ftr-490	1163	40	is	be	AUX
ftr-490	1163	41	considered	consider	VERB
ftr-490	1163	42	as	as	ADP
ftr-490	1163	43	the	the	DET
ftr-490	1163	44	owner	owner	NOUN
ftr-490	1163	45	of	of	ADP
ftr-490	1163	46	the	the	DET
ftr-490	1163	47	property	property	NOUN
ftr-490	1163	48	for	for	ADP
ftr-490	1163	49	tax	tax	NOUN
ftr-490	1163	50	purposes	purpose	NOUN
ftr-490	1163	51	,	,	PUNCT
ftr-490	1163	52	which	which	PRON
ftr-490	1163	53	raises	raise	VERB
ftr-490	1163	54	the	the	DET
ftr-490	1163	55	question	question	NOUN
ftr-490	1163	56	of	of	ADP
ftr-490	1163	57	the	the	DET
ftr-490	1163	58	debtor	debtor	NOUN
ftr-490	1163	59	's	's	PART
ftr-490	1163	60	proper	proper	ADJ
ftr-490	1163	61	treatment	treatment	NOUN
ftr-490	1163	62	on	on	ADP
ftr-490	1163	63	disposition	disposition	NOUN
ftr-490	1163	64	.	.	PUNCT
ftr-490	1164	1	it	it	PRON
ftr-490	1164	2	is	be	AUX
ftr-490	1164	3	to	to	ADP
ftr-490	1164	4	that	that	DET
ftr-490	1164	5	more	more	ADV
ftr-490	1164	6	common	common	ADJ
ftr-490	1164	7	situation	situation	NOUN
ftr-490	1164	8	that	that	SCONJ
ftr-490	1164	9	the	the	DET
ftr-490	1164	10	put	put	VERB
ftr-490	1164	11	-	-	PUNCT
ftr-490	1164	12	option	option	NOUN
ftr-490	1164	13	analysis	analysis	NOUN
ftr-490	1164	14	is	be	AUX
ftr-490	1164	15	argued	argue	VERB
ftr-490	1164	16	to	to	PART
ftr-490	1164	17	apply	apply	VERB
ftr-490	1164	18	.	.	PUNCT
ftr-490	1165	1	[	[	X
ftr-490	1165	2	val	val	X
ftr-490	1165	3	.	.	PUNCT
ftr-490	1166	1	1:3	1:3	NUM
ftr-490	1166	2	tufts	tuft	NOUN
ftr-490	1166	3	and	and	CCONJ
ftr-490	1166	4	the	the	DET
ftr-490	1166	5	evolution	evolution	NOUN
ftr-490	1166	6	of	of	ADP
ftr-490	1166	7	debt	debt	NOUN
ftr-490	1166	8	-	-	PUNCT
ftr-490	1166	9	discharge	discharge	NOUN
ftr-490	1166	10	theory	theory	NOUN
ftr-490	1166	11	below	below	ADP
ftr-490	1166	12	the	the	DET
ftr-490	1166	13	principal	principal	ADJ
ftr-490	1166	14	amount	amount	NOUN
ftr-490	1166	15	of	of	ADP
ftr-490	1166	16	the	the	DET
ftr-490	1166	17	indebtedness	indebtedness	NOUN
ftr-490	1166	18	.	.	PUNCT
ftr-490	1167	1	16	16	NUM
ftr-490	1168	1	the	the	DET
ftr-490	1168	2	agreed	agree	VERB
ftr-490	1168	3	strike	strike	NOUN
ftr-490	1168	4	price	price	NOUN
ftr-490	1168	5	of	of	ADP
ftr-490	1168	6	the	the	DET
ftr-490	1168	7	put	put	NOUN
ftr-490	1168	8	is	be	AUX
ftr-490	1168	9	whatever	whatever	PRON
ftr-490	1168	10	the	the	DET
ftr-490	1168	11	amount	amount	NOUN
ftr-490	1168	12	of	of	ADP
ftr-490	1168	13	the	the	DET
ftr-490	1168	14	outstanding	outstanding	ADJ
ftr-490	1168	15	indebtedness	indebtedness	NOUN
ftr-490	1168	16	happens	happen	VERB
ftr-490	1168	17	to	to	PART
ftr-490	1168	18	be	be	AUX
ftr-490	1168	19	at	at	ADP
ftr-490	1168	20	the	the	DET
ftr-490	1168	21	time	time	NOUN
ftr-490	1168	22	of	of	ADP
ftr-490	1168	23	transfer	transfer	NOUN
ftr-490	1168	24	.	.	PUNCT
ftr-490	1169	1	the	the	DET
ftr-490	1169	2	accession	accession	NOUN
ftr-490	1169	3	to	to	ADP
ftr-490	1169	4	wealth	wealth	NOUN
ftr-490	1169	5	is	be	AUX
ftr-490	1169	6	so	so	ADV
ftr-490	1169	7	intimately	intimately	ADV
ftr-490	1169	8	tied	tie	VERB
ftr-490	1169	9	to	to	ADP
ftr-490	1169	10	the	the	DET
ftr-490	1169	11	property	property	NOUN
ftr-490	1169	12	disposition	disposition	NOUN
ftr-490	1169	13	,	,	PUNCT
ftr-490	1169	14	arising	arise	VERB
ftr-490	1169	15	as	as	SCONJ
ftr-490	1169	16	it	it	PRON
ftr-490	1169	17	does	do	VERB
ftr-490	1169	18	because	because	SCONJ
ftr-490	1169	19	of	of	ADP
ftr-490	1169	20	an	an	DET
ftr-490	1169	21	imputed	impute	VERB
ftr-490	1169	22	contract	contract	NOUN
ftr-490	1169	23	right	right	NOUN
ftr-490	1169	24	to	to	PART
ftr-490	1169	25	sell	sell	VERB
ftr-490	1169	26	the	the	DET
ftr-490	1169	27	property	property	NOUN
ftr-490	1169	28	to	to	ADP
ftr-490	1169	29	the	the	DET
ftr-490	1169	30	creditor	creditor	NOUN
ftr-490	1169	31	(	(	PUNCT
ftr-490	1169	32	in	in	ADP
ftr-490	1169	33	effect	effect	NOUN
ftr-490	1169	34	)	)	PUNCT
ftr-490	1169	35	,	,	PUNCT
ftr-490	1169	36	that	that	SCONJ
ftr-490	1169	37	the	the	DET
ftr-490	1169	38	accession	accession	NOUN
ftr-490	1169	39	to	to	ADP
ftr-490	1169	40	wealth	wealth	NOUN
ftr-490	1169	41	is	be	AUX
ftr-490	1169	42	properly	properly	ADV
ftr-490	1169	43	analyzed	analyze	VERB
ftr-490	1169	44	under	under	ADP
ftr-490	1169	45	section	section	NOUN
ftr-490	1169	46	1001	1001	NUM
ftr-490	1169	47	rather	rather	ADV
ftr-490	1169	48	than	than	ADP
ftr-490	1169	49	section	section	NOUN
ftr-490	1169	50	61(a)(12	61(a)(12	NUM
ftr-490	1169	51	)	)	PUNCT
ftr-490	1169	52	.	.	PUNCT
ftr-490	1170	1	the	the	DET
ftr-490	1170	2	more	more	ADV
ftr-490	1170	3	simplistic	simplistic	ADJ
ftr-490	1170	4	version	version	NOUN
ftr-490	1170	5	of	of	ADP
ftr-490	1170	6	the	the	DET
ftr-490	1170	7	argument	argument	NOUN
ftr-490	1170	8	-	-	PUNCT
ftr-490	1170	9	that	that	SCONJ
ftr-490	1170	10	the	the	DET
ftr-490	1170	11	debt	debt	NOUN
ftr-490	1170	12	is	be	AUX
ftr-490	1170	13	satisfied	satisfied	ADJ
ftr-490	1170	14	in	in	ADP
ftr-490	1170	15	full	full	ADJ
ftr-490	1170	16	according	accord	VERB
ftr-490	1170	17	to	to	ADP
ftr-490	1170	18	its	its	PRON
ftr-490	1170	19	terms	term	NOUN
ftr-490	1170	20	and	and	CCONJ
ftr-490	1170	21	thus	thus	ADV
ftr-490	1170	22	can	can	AUX
ftr-490	1170	23	not	not	PART
ftr-490	1170	24	by	by	ADP
ftr-490	1170	25	definition	definition	NOUN
ftr-490	1170	26	give	give	VERB
ftr-490	1170	27	rise	rise	NOUN
ftr-490	1170	28	to	to	PART
ftr-490	1170	29	cod	cod	VERB
ftr-490	1170	30	income	income	NOUN
ftr-490	1170	31	-	-	PUNCT
ftr-490	1170	32	is	be	AUX
ftr-490	1170	33	beguiling	beguiling	ADJ
ftr-490	1170	34	but	but	CCONJ
ftr-490	1170	35	is	be	AUX
ftr-490	1170	36	a	a	DET
ftr-490	1170	37	red	red	ADJ
ftr-490	1170	38	herring	herring	NOUN
ftr-490	1170	39	.	.	PUNCT
ftr-490	1171	1	it	it	PRON
ftr-490	1171	2	attaches	attach	VERB
ftr-490	1171	3	too	too	ADV
ftr-490	1171	4	much	much	ADJ
ftr-490	1171	5	significance	significance	NOUN
ftr-490	1171	6	to	to	ADP
ftr-490	1171	7	the	the	DET
ftr-490	1171	8	raw	raw	ADJ
ftr-490	1171	9	terminology	terminology	NOUN
ftr-490	1171	10	in	in	ADP
ftr-490	1171	11	section	section	NOUN
ftr-490	1171	12	61(a)(12	61(a)(12	NUM
ftr-490	1171	13	)	)	PUNCT
ftr-490	1171	14	,	,	PUNCT
ftr-490	1171	15	on	on	ADP
ftr-490	1171	16	the	the	DET
ftr-490	1171	17	literal	literal	ADJ
ftr-490	1171	18	meaning	meaning	NOUN
ftr-490	1171	19	of	of	ADP
ftr-490	1171	20	the	the	DET
ftr-490	1171	21	word	word	NOUN
ftr-490	1171	22	"	"	PUNCT
ftr-490	1171	23	satisfied	satisfied	ADJ
ftr-490	1171	24	"	"	PUNCT
ftr-490	1171	25	as	as	ADV
ftr-490	1171	26	well	well	ADV
ftr-490	1171	27	as	as	ADP
ftr-490	1171	28	the	the	DET
ftr-490	1171	29	literal	literal	ADJ
ftr-490	1171	30	meaning	meaning	NOUN
ftr-490	1171	31	of	of	ADP
ftr-490	1171	32	the	the	DET
ftr-490	1171	33	word	word	NOUN
ftr-490	1171	34	"	"	PUNCT
ftr-490	1171	35	discharged	discharge	VERB
ftr-490	1171	36	,	,	PUNCT
ftr-490	1171	37	"	"	PUNCT
ftr-490	1171	38	while	while	SCONJ
ftr-490	1171	39	losing	lose	VERB
ftr-490	1171	40	sight	sight	NOUN
ftr-490	1171	41	of	of	ADP
ftr-490	1171	42	the	the	DET
ftr-490	1171	43	structural	structural	ADJ
ftr-490	1171	44	reason	reason	NOUN
ftr-490	1171	45	why	why	SCONJ
ftr-490	1171	46	the	the	DET
ftr-490	1171	47	accession	accession	NOUN
ftr-490	1171	48	to	to	ADP
ftr-490	1171	49	wealth	wealth	NOUN
ftr-490	1171	50	which	which	PRON
ftr-490	1171	51	that	that	DET
ftr-490	1171	52	section	section	NOUN
ftr-490	1171	53	labels	label	VERB
ftr-490	1171	54	"	"	PUNCT
ftr-490	1171	55	income	income	NOUN
ftr-490	1171	56	from	from	ADP
ftr-490	1171	57	the	the	DET
ftr-490	1171	58	discharge	discharge	NOUN
ftr-490	1171	59	of	of	ADP
ftr-490	1171	60	indebtedness	indebtedness	NOUN
ftr-490	1171	61	"	"	PUNCT
ftr-490	1171	62	is	be	AUX
ftr-490	1171	63	included	include	VERB
ftr-490	1171	64	in	in	ADP
ftr-490	1171	65	gross	gross	ADJ
ftr-490	1171	66	income	income	NOUN
ftr-490	1171	67	in	in	ADP
ftr-490	1171	68	the	the	DET
ftr-490	1171	69	first	first	ADJ
ftr-490	1171	70	place	place	NOUN
ftr-490	1171	71	.	.	PUNCT
ftr-490	1172	1	6	6	NUM
ftr-490	1172	2	'	'	PART
ftr-490	1172	3	such	such	DET
ftr-490	1172	4	a	a	DET
ftr-490	1172	5	reliance	reliance	NOUN
ftr-490	1172	6	on	on	ADP
ftr-490	1172	7	the	the	DET
ftr-490	1172	8	dictionary	dictionary	ADJ
ftr-490	1172	9	definition	definition	NOUN
ftr-490	1172	10	of	of	ADP
ftr-490	1172	11	words	word	NOUN
ftr-490	1172	12	focuses	focus	VERB
ftr-490	1172	13	on	on	ADP
ftr-490	1172	14	nonissues	nonissue	NOUN
ftr-490	1172	15	that	that	PRON
ftr-490	1172	16	arise	arise	VERB
ftr-490	1172	17	because	because	SCONJ
ftr-490	1172	18	of	of	ADP
ftr-490	1172	19	an	an	DET
ftr-490	1172	20	excessive	excessive	ADJ
ftr-490	1172	21	solicitude	solicitude	NOUN
ftr-490	1172	22	to	to	ADP
ftr-490	1172	23	the	the	DET
ftr-490	1172	24	perceived	perceive	VERB
ftr-490	1172	25	exactitude	exactitude	NOUN
ftr-490	1172	26	of	of	ADP
ftr-490	1172	27	the	the	DET
ftr-490	1172	28	meaning	meaning	NOUN
ftr-490	1172	29	of	of	ADP
ftr-490	1172	30	words	word	NOUN
ftr-490	1172	31	severed	sever	VERB
ftr-490	1172	32	from	from	ADP
ftr-490	1172	33	their	their	PRON
ftr-490	1172	34	structural	structural	ADJ
ftr-490	1172	35	context	context	NOUN
ftr-490	1172	36	as	as	ADP
ftr-490	1172	37	part	part	NOUN
ftr-490	1172	38	of	of	ADP
ftr-490	1172	39	the	the	DET
ftr-490	1172	40	internal	internal	ADJ
ftr-490	1172	41	revenue	revenue	NOUN
ftr-490	1172	42	code	code	NOUN
ftr-490	1172	43	.	.	PUNCT
ftr-490	1173	1	the	the	DET
ftr-490	1173	2	point	point	NOUN
ftr-490	1173	3	is	be	AUX
ftr-490	1173	4	not	not	PART
ftr-490	1173	5	that	that	SCONJ
ftr-490	1173	6	congress	congress	PROPN
ftr-490	1173	7	should	should	AUX
ftr-490	1173	8	have	have	AUX
ftr-490	1173	9	chosen	choose	VERB
ftr-490	1173	10	better	well	ADJ
ftr-490	1173	11	words	word	NOUN
ftr-490	1173	12	than	than	ADP
ftr-490	1173	13	"	"	PUNCT
ftr-490	1173	14	discharge	discharge	NOUN
ftr-490	1173	15	of	of	ADP
ftr-490	1173	16	indebtedness	indebtedness	NOUN
ftr-490	1173	17	"	"	PUNCT
ftr-490	1173	18	to	to	PART
ftr-490	1173	19	describe	describe	VERB
ftr-490	1173	20	the	the	DET
ftr-490	1173	21	accession	accession	NOUN
ftr-490	1173	22	to	to	ADP
ftr-490	1173	23	wealth	wealth	NOUN
ftr-490	1173	24	-	-	PUNCT
ftr-490	1173	25	the	the	DET
ftr-490	1173	26	words	word	NOUN
ftr-490	1173	27	are	be	AUX
ftr-490	1173	28	as	as	ADV
ftr-490	1173	29	clear	clear	ADJ
ftr-490	1173	30	as	as	SCONJ
ftr-490	1173	31	they	they	PRON
ftr-490	1173	32	probably	probably	ADV
ftr-490	1173	33	can	can	AUX
ftr-490	1173	34	be	be	AUX
ftr-490	1173	35	-	-	PUNCT
ftr-490	1173	36	but	but	CCONJ
ftr-490	1173	37	rather	rather	ADV
ftr-490	1173	38	that	that	SCONJ
ftr-490	1173	39	those	those	DET
ftr-490	1173	40	words	word	NOUN
ftr-490	1173	41	must	must	AUX
ftr-490	1173	42	be	be	AUX
ftr-490	1173	43	given	give	VERB
ftr-490	1173	44	meaning	meaning	NOUN
ftr-490	1173	45	by	by	ADP
ftr-490	1173	46	taking	take	VERB
ftr-490	1173	47	account	account	NOUN
ftr-490	1173	48	of	of	ADP
ftr-490	1173	49	the	the	DET
ftr-490	1173	50	larger	large	ADJ
ftr-490	1173	51	structural	structural	ADJ
ftr-490	1173	52	context	context	NOUN
ftr-490	1173	53	in	in	ADP
ftr-490	1173	54	which	which	PRON
ftr-490	1173	55	they	they	PRON
ftr-490	1173	56	are	be	AUX
ftr-490	1173	57	used	use	VERB
ftr-490	1173	58	.	.	PUNCT
ftr-490	1174	1	the	the	DET
ftr-490	1174	2	salient	salient	ADJ
ftr-490	1174	3	inquiry	inquiry	NOUN
ftr-490	1174	4	is	be	AUX
ftr-490	1174	5	not	not	PART
ftr-490	1174	6	whether	whether	SCONJ
ftr-490	1174	7	the	the	DET
ftr-490	1174	8	debt	debt	NOUN
ftr-490	1174	9	is	be	AUX
ftr-490	1174	10	"	"	PUNCT
ftr-490	1174	11	'	'	PUNCT
ftr-490	1174	12	satisfied	satisfied	ADJ
ftr-490	1174	13	"	"	PUNCT
ftr-490	1174	14	according	accord	VERB
ftr-490	1174	15	to	to	ADP
ftr-490	1174	16	its	its	PRON
ftr-490	1174	17	terms	term	NOUN
ftr-490	1174	18	for	for	ADP
ftr-490	1174	19	commercial	commercial	ADJ
ftr-490	1174	20	law	law	NOUN
ftr-490	1174	21	purposes	purpose	NOUN
ftr-490	1174	22	,	,	PUNCT
ftr-490	1174	23	as	as	SCONJ
ftr-490	1174	24	surely	surely	ADV
ftr-490	1174	25	it	it	PRON
ftr-490	1174	26	is	be	AUX
ftr-490	1174	27	in	in	ADP
ftr-490	1174	28	such	such	ADJ
ftr-490	1174	29	situations	situation	NOUN
ftr-490	1174	30	,	,	PUNCT
ftr-490	1174	31	but	but	CCONJ
ftr-490	1174	32	rather	rather	ADV
ftr-490	1174	33	how	how	SCONJ
ftr-490	1174	34	the	the	DET
ftr-490	1174	35	accession	accession	NOUN
ftr-490	1174	36	to	to	ADP
ftr-490	1174	37	wealth	wealth	NOUN
ftr-490	1174	38	that	that	PRON
ftr-490	1174	39	arises	arise	VERB
ftr-490	1174	40	on	on	ADP
ftr-490	1174	41	the	the	DET
ftr-490	1174	42	transfer	transfer	NOUN
ftr-490	1174	43	,	,	PUNCT
ftr-490	1174	44	because	because	SCONJ
ftr-490	1174	45	of	of	ADP
ftr-490	1174	46	the	the	DET
ftr-490	1174	47	prior	prior	ADJ
ftr-490	1174	48	tax	tax	NOUN
ftr-490	1174	49	exclusion	exclusion	NOUN
ftr-490	1174	50	of	of	ADP
ftr-490	1174	51	the	the	DET
ftr-490	1174	52	full	full	ADJ
ftr-490	1174	53	amount	amount	NOUN
ftr-490	1174	54	of	of	ADP
ftr-490	1174	55	the	the	DET
ftr-490	1174	56	loan	loan	NOUN
ftr-490	1174	57	proceeds	proceed	NOUN
ftr-490	1174	58	that	that	PRON
ftr-490	1174	59	are	be	AUX
ftr-490	1174	60	in	in	ADP
ftr-490	1174	61	fact	fact	NOUN
ftr-490	1174	62	not	not	PART
ftr-490	1174	63	fully	fully	ADV
ftr-490	1174	64	repaid	repay	VERB
ftr-490	1174	65	,	,	PUNCT
ftr-490	1174	66	should	should	AUX
ftr-490	1174	67	be	be	AUX
ftr-490	1174	68	taken	take	VERB
ftr-490	1174	69	into	into	ADP
ftr-490	1174	70	account	account	NOUN
ftr-490	1174	71	for	for	ADP
ftr-490	1174	72	tax	tax	NOUN
ftr-490	1174	73	purposes	purpose	NOUN
ftr-490	1174	74	.	.	PUNCT
ftr-490	1175	1	making	make	VERB
ftr-490	1175	2	the	the	DET
ftr-490	1175	3	semantic	semantic	ADJ
ftr-490	1175	4	argument	argument	NOUN
ftr-490	1175	5	that	that	SCONJ
ftr-490	1175	6	the	the	DET
ftr-490	1175	7	debt	debt	NOUN
ftr-490	1175	8	is	be	AUX
ftr-490	1175	9	"	"	PUNCT
ftr-490	1175	10	satisfied	satisfied	ADJ
ftr-490	1175	11	"	"	PUNCT
ftr-490	1175	12	(	(	PUNCT
ftr-490	1175	13	or	or	CCONJ
ftr-490	1175	14	"	"	PUNCT
ftr-490	1175	15	unenforceable	unenforceable	ADJ
ftr-490	1175	16	"	"	PUNCT
ftr-490	1175	17	)	)	PUNCT
ftr-490	1175	18	for	for	ADP
ftr-490	1175	19	commercial	commercial	ADJ
ftr-490	1175	20	law	law	NOUN
ftr-490	1175	21	purposes	purpose	NOUN
ftr-490	1175	22	does	do	AUX
ftr-490	1175	23	not	not	PART
ftr-490	1175	24	help	help	VERB
ftr-490	1175	25	answer	answer	VERB
ftr-490	1175	26	that	that	DET
ftr-490	1175	27	tar	tar	NOUN
ftr-490	1175	28	question	question	NOUN
ftr-490	1175	29	.	.	PUNCT
ftr-490	1176	1	the	the	DET
ftr-490	1176	2	fact	fact	NOUN
ftr-490	1176	3	remains	remain	VERB
ftr-490	1176	4	that	that	SCONJ
ftr-490	1176	5	there	there	PRON
ftr-490	1176	6	is	be	VERB
ftr-490	1176	7	an	an	DET
ftr-490	1176	8	accession	accession	NOUN
ftr-490	1176	9	to	to	ADP
ftr-490	1176	10	wealth	wealth	NOUN
ftr-490	1176	11	that	that	PRON
ftr-490	1176	12	must	must	AUX
ftr-490	1176	13	be	be	AUX
ftr-490	1176	14	accounted	account	VERB
ftr-490	1176	15	for	for	ADP
ftr-490	1176	16	,	,	PUNCT
ftr-490	1176	17	it	it	PRON
ftr-490	1176	18	arises	arise	VERB
ftr-490	1176	19	solely	solely	ADV
ftr-490	1176	20	because	because	SCONJ
ftr-490	1176	21	of	of	ADP
ftr-490	1176	22	the	the	DET
ftr-490	1176	23	prior	prior	ADJ
ftr-490	1176	24	exclusion	exclusion	NOUN
ftr-490	1176	25	of	of	ADP
ftr-490	1176	26	loan	loan	NOUN
ftr-490	1176	27	proceeds	proceed	NOUN
ftr-490	1176	28	,	,	PUNCT
ftr-490	1176	29	and	and	CCONJ
ftr-490	1176	30	thus	thus	ADV
ftr-490	1176	31	it	it	PRON
ftr-490	1176	32	is	be	AUX
ftr-490	1176	33	intimately	intimately	ADV
ftr-490	1176	34	tied	tie	VERB
ftr-490	1176	35	to	to	ADP
ftr-490	1176	36	the	the	DET
ftr-490	1176	37	failure	failure	NOUN
ftr-490	1176	38	to	to	PART
ftr-490	1176	39	repay	repay	VERB
ftr-490	1176	40	that	that	DET
ftr-490	1176	41	full	full	ADJ
ftr-490	1176	42	amount	amount	NOUN
ftr-490	1176	43	of	of	ADP
ftr-490	1176	44	previously	previously	ADV
ftr-490	1176	45	excluded	exclude	VERB
ftr-490	1176	46	dollars	dollar	NOUN
ftr-490	1176	47	with	with	ADP
ftr-490	1176	48	after	after	ADP
ftr-490	1176	49	-	-	PUNCT
ftr-490	1176	50	tax	tax	NOUN
ftr-490	1176	51	dollars	dollar	NOUN
ftr-490	1176	52	.	.	PUNCT
ftr-490	1177	1	that	that	DET
ftr-490	1177	2	relationship	relationship	NOUN
ftr-490	1177	3	between	between	ADP
ftr-490	1177	4	the	the	DET
ftr-490	1177	5	prior	prior	ADJ
ftr-490	1177	6	exclusion	exclusion	NOUN
ftr-490	1177	7	and	and	CCONJ
ftr-490	1177	8	failure	failure	NOUN
ftr-490	1177	9	to	to	PART
ftr-490	1177	10	repay	repay	VERB
ftr-490	1177	11	with	with	ADP
ftr-490	1177	12	after	after	ADP
ftr-490	1177	13	-	-	PUNCT
ftr-490	1177	14	tax	tax	NOUN
ftr-490	1177	15	dollars	dollar	NOUN
ftr-490	1177	16	is	be	AUX
ftr-490	1177	17	the	the	DET
ftr-490	1177	18	conceptual	conceptual	ADJ
ftr-490	1177	19	underpinning	underpinning	NOUN
ftr-490	1177	20	for	for	ADP
ftr-490	1177	21	taxing	tax	VERB
ftr-490	1177	22	cod	cod	NOUN
ftr-490	1177	23	income	income	NOUN
ftr-490	1177	24	,	,	PUNCT
ftr-490	1177	25	160	160	NUM
ftr-490	1177	26	.	.	PUNCT
ftr-490	1178	1	see	see	VERB
ftr-490	1178	2	,	,	PUNCT
ftr-490	1178	3	e.g.	e.g.	ADV
ftr-490	1178	4	,	,	PUNCT
ftr-490	1178	5	yishai	yishai	ADJ
ftr-490	1178	6	beer	beer	NOUN
ftr-490	1178	7	,	,	PUNCT
ftr-490	1178	8	nonrecourse	nonrecourse	NOUN
ftr-490	1178	9	loans	loan	NOUN
ftr-490	1178	10	:	:	PUNCT
ftr-490	1178	11	do	do	AUX
ftr-490	1178	12	not	not	PART
ftr-490	1178	13	forget	forget	VERB
ftr-490	1178	14	to	to	PART
ftr-490	1178	15	tax	tax	VERB
ftr-490	1178	16	the	the	DET
ftr-490	1178	17	option	option	NOUN
ftr-490	1178	18	.	.	PUNCT
ftr-490	1179	1	special	special	ADJ
ftr-490	1179	2	report	report	NOUN
ftr-490	1179	3	,	,	PUNCT
ftr-490	1179	4	53	53	NUM
ftr-490	1179	5	tax	tax	NOUN
ftr-490	1179	6	notes	note	NOUN
ftr-490	1179	7	837	837	NUM
ftr-490	1179	8	(	(	PUNCT
ftr-490	1179	9	nov	nov	PROPN
ftr-490	1179	10	.	.	PROPN
ftr-490	1179	11	18	18	NUM
ftr-490	1179	12	.	.	NOUN
ftr-490	1179	13	1991	1991	NUM
ftr-490	1179	14	)	)	PUNCT
ftr-490	1179	15	;	;	PUNCT
ftr-490	1179	16	cunningham	cunningham	PROPN
ftr-490	1179	17	1	1	NUM
ftr-490	1179	18	,	,	PUNCT
ftr-490	1179	19	supra	supra	PROPN
ftr-490	1179	20	note	note	NOUN
ftr-490	1179	21	14	14	NUM
ftr-490	1179	22	,	,	PUNCT
ftr-490	1179	23	at	at	ADP
ftr-490	1179	24	593	593	NUM
ftr-490	1179	25	;	;	PUNCT
ftr-490	1179	26	alvin	alvin	PROPN
ftr-490	1179	27	d.	d.	PROPN
ftr-490	1179	28	lurie	lurie	PROPN
ftr-490	1179	29	,	,	PUNCT
ftr-490	1179	30	new	new	ADJ
ftr-490	1179	31	ghosts	ghost	NOUN
ftr-490	1179	32	for	for	ADP
ftr-490	1179	33	old	old	ADJ
ftr-490	1179	34	-	-	PUNCT
ftr-490	1179	35	crane	crane	NOUN
ftr-490	1179	36	footnote	footnote	NOUN
ftr-490	1179	37	37	37	NUM
ftr-490	1179	38	is	be	AUX
ftr-490	1179	39	dead	dead	ADJ
ftr-490	1179	40	(	(	PUNCT
ftr-490	1179	41	or	or	CCONJ
ftr-490	1179	42	is	be	AUX
ftr-490	1179	43	it	it	PRON
ftr-490	1179	44	?	?	PUNCT
ftr-490	1179	45	)	)	PUNCT
ftr-490	1179	46	.	.	PUNCT
ftr-490	1180	1	2	2	NUM
ftr-490	1180	2	am	be	AUX
ftr-490	1180	3	.	.	PUNCT
ftr-490	1181	1	j.	j.	PROPN
ftr-490	1181	2	tax	tax	PROPN
ftr-490	1181	3	pol'y	pol'y	NOUN
ftr-490	1181	4	89	89	NUM
ftr-490	1181	5	,	,	PUNCT
ftr-490	1181	6	96	96	NUM
ftr-490	1181	7	n.15	n.15	X
ftr-490	1181	8	(	(	PUNCT
ftr-490	1181	9	1983	1983	NUM
ftr-490	1181	10	)	)	PUNCT
ftr-490	1181	11	;	;	PUNCT
ftr-490	1181	12	willis	willis	PROPN
ftr-490	1181	13	ii	ii	PROPN
ftr-490	1181	14	,	,	PUNCT
ftr-490	1181	15	supra	supra	PROPN
ftr-490	1181	16	note	note	PROPN
ftr-490	1181	17	101	101	NUM
ftr-490	1181	18	;	;	PUNCT
ftr-490	1181	19	willis	willis	PROPN
ftr-490	1181	20	i	i	PROPN
ftr-490	1181	21	,	,	PUNCT
ftr-490	1181	22	supra	supra	PROPN
ftr-490	1181	23	note	note	PROPN
ftr-490	1181	24	85	85	NUM
ftr-490	1181	25	.	.	PUNCT
ftr-490	1182	1	at	at	ADP
ftr-490	1182	2	634	634	NUM
ftr-490	1182	3	-	-	SYM
ftr-490	1182	4	35	35	NUM
ftr-490	1182	5	.	.	NOUN
ftr-490	1182	6	161	161	NUM
ftr-490	1182	7	.	.	PUNCT
ftr-490	1183	1	similarly	similarly	ADV
ftr-490	1183	2	,	,	PUNCT
ftr-490	1183	3	unenforceability	unenforceability	NOUN
ftr-490	1183	4	of	of	ADP
ftr-490	1183	5	a	a	DET
ftr-490	1183	6	debt	debt	NOUN
ftr-490	1183	7	is	be	AUX
ftr-490	1183	8	thought	think	VERB
ftr-490	1183	9	by	by	ADP
ftr-490	1183	10	some	some	PRON
ftr-490	1183	11	to	to	PART
ftr-490	1183	12	be	be	AUX
ftr-490	1183	13	a	a	DET
ftr-490	1183	14	significant	significant	ADJ
ftr-490	1183	15	factor	factor	NOUN
ftr-490	1183	16	to	to	PART
ftr-490	1183	17	consider	consider	VERB
ftr-490	1183	18	in	in	ADP
ftr-490	1183	19	the	the	DET
ftr-490	1183	20	debt	debt	NOUN
ftr-490	1183	21	-	-	PUNCT
ftr-490	1183	22	discharge	discharge	NOUN
ftr-490	1183	23	area	area	NOUN
ftr-490	1183	24	because	because	SCONJ
ftr-490	1183	25	of	of	ADP
ftr-490	1183	26	the	the	DET
ftr-490	1183	27	terminology	terminology	NOUN
ftr-490	1183	28	used	use	VERB
ftr-490	1183	29	.	.	PUNCT
ftr-490	1184	1	a	a	DET
ftr-490	1184	2	debt	debt	NOUN
ftr-490	1184	3	is	be	AUX
ftr-490	1184	4	not	not	PART
ftr-490	1184	5	"	"	PUNCT
ftr-490	1184	6	discharged	discharge	VERB
ftr-490	1184	7	,	,	PUNCT
ftr-490	1184	8	"	"	PUNCT
ftr-490	1184	9	the	the	DET
ftr-490	1184	10	argument	argument	NOUN
ftr-490	1184	11	goes	go	VERB
ftr-490	1184	12	,	,	PUNCT
ftr-490	1184	13	if	if	SCONJ
ftr-490	1184	14	it	it	PRON
ftr-490	1184	15	could	could	AUX
ftr-490	1184	16	not	not	PART
ftr-490	1184	17	be	be	AUX
ftr-490	1184	18	enforced	enforce	VERB
ftr-490	1184	19	.	.	PUNCT
ftr-490	1185	1	see	see	VERB
ftr-490	1185	2	discussion	discussion	NOUN
ftr-490	1185	3	supra	supra	PROPN
ftr-490	1185	4	notes	note	VERB
ftr-490	1185	5	114	114	NUM
ftr-490	1185	6	-	-	SYM
ftr-490	1185	7	15	15	NUM
ftr-490	1185	8	and	and	CCONJ
ftr-490	1185	9	accompanying	accompany	VERB
ftr-490	1185	10	text	text	NOUN
ftr-490	1185	11	;	;	PUNCT
ftr-490	1185	12	discussion	discussion	NOUN
ftr-490	1185	13	infra	infra	NOUN
ftr-490	1185	14	notes	note	VERB
ftr-490	1185	15	167	167	NUM
ftr-490	1185	16	.	.	PUNCT
ftr-490	1186	1	217	217	NUM
ftr-490	1186	2	.	.	PUNCT
ftr-490	1187	1	19921	19921	NUM
ftr-490	1187	2	florida	florida	PROPN
ftr-490	1187	3	tax	tax	NOUN
ftr-490	1187	4	review	review	NOUN
ftr-490	1187	5	not	not	PART
ftr-490	1187	6	property	property	NOUN
ftr-490	1187	7	gain	gain	NOUN
ftr-490	1187	8	.	.	PUNCT
ftr-490	1188	1	after	after	ADV
ftr-490	1188	2	all	all	ADV
ftr-490	1188	3	,	,	PUNCT
ftr-490	1188	4	the	the	DET
ftr-490	1188	5	amount	amount	NOUN
ftr-490	1188	6	of	of	ADP
ftr-490	1188	7	gain	gain	NOUN
ftr-490	1188	8	inherent	inherent	ADJ
ftr-490	1188	9	in	in	ADP
ftr-490	1188	10	property	property	NOUN
ftr-490	1188	11	is	be	AUX
ftr-490	1188	12	related	relate	VERB
ftr-490	1188	13	to	to	ADP
ftr-490	1188	14	the	the	DET
ftr-490	1188	15	yet	yet	ADV
ftr-490	1188	16	-	-	PUNCT
ftr-490	1188	17	untaxed	untaxed	ADJ
ftr-490	1188	18	appreciation	appreciation	NOUN
ftr-490	1188	19	in	in	ADP
ftr-490	1188	20	value	value	NOUN
ftr-490	1188	21	since	since	SCONJ
ftr-490	1188	22	purchase	purchase	NOUN
ftr-490	1188	23	owing	owe	VERB
ftr-490	1188	24	to	to	ADP
ftr-490	1188	25	the	the	DET
ftr-490	1188	26	rule	rule	NOUN
ftr-490	1188	27	of	of	ADP
ftr-490	1188	28	administrative	administrative	ADJ
ftr-490	1188	29	convenience	convenience	NOUN
ftr-490	1188	30	embodied	embody	VERB
ftr-490	1188	31	in	in	ADP
ftr-490	1188	32	the	the	DET
ftr-490	1188	33	realization	realization	NOUN
ftr-490	1188	34	requirement	requirement	NOUN
ftr-490	1188	35	(	(	PUNCT
ftr-490	1188	36	that	that	SCONJ
ftr-490	1188	37	such	such	ADJ
ftr-490	1188	38	gain	gain	NOUN
ftr-490	1188	39	will	will	AUX
ftr-490	1188	40	be	be	AUX
ftr-490	1188	41	deferred	defer	VERB
ftr-490	1188	42	during	during	ADP
ftr-490	1188	43	ownership	ownership	NOUN
ftr-490	1188	44	in	in	ADP
ftr-490	1188	45	order	order	NOUN
ftr-490	1188	46	to	to	PART
ftr-490	1188	47	avoid	avoid	VERB
ftr-490	1188	48	annual	annual	ADJ
ftr-490	1188	49	valuations	valuation	NOUN
ftr-490	1188	50	)	)	PUNCT
ftr-490	1188	51	.	.	PUNCT
ftr-490	1189	1	property	property	NOUN
ftr-490	1189	2	gain	gain	NOUN
ftr-490	1189	3	(	(	PUNCT
ftr-490	1189	4	or	or	CCONJ
ftr-490	1189	5	loss	loss	NOUN
ftr-490	1189	6	)	)	PUNCT
ftr-490	1189	7	is	be	AUX
ftr-490	1189	8	thus	thus	ADV
ftr-490	1189	9	intimately	intimately	ADV
ftr-490	1189	10	tied	tie	VERB
ftr-490	1189	11	to	to	ADP
ftr-490	1189	12	value	value	NOUN
ftr-490	1189	13	,	,	PUNCT
ftr-490	1189	14	not	not	PART
ftr-490	1189	15	to	to	ADP
ftr-490	1189	16	the	the	DET
ftr-490	1189	17	excess	excess	ADJ
ftr-490	1189	18	debt	debt	NOUN
ftr-490	1189	19	encumbering	encumber	VERB
ftr-490	1189	20	it	it	PRON
ftr-490	1189	21	.	.	PUNCT
ftr-490	1190	1	the	the	DET
ftr-490	1190	2	collapsed	collapse	VERB
ftr-490	1190	3	approach	approach	NOUN
ftr-490	1190	4	distorts	distort	VERB
ftr-490	1190	5	the	the	DET
ftr-490	1190	6	gain	gain	NOUN
ftr-490	1190	7	component	component	NOUN
ftr-490	1190	8	of	of	ADP
ftr-490	1190	9	the	the	DET
ftr-490	1190	10	transaction	transaction	NOUN
ftr-490	1190	11	,	,	PUNCT
ftr-490	1190	12	transforming	transform	VERB
ftr-490	1190	13	a	a	DET
ftr-490	1190	14	mere	mere	ADJ
ftr-490	1190	15	deferral	deferral	ADJ
ftr-490	1190	16	rule	rule	NOUN
ftr-490	1190	17	(	(	PUNCT
ftr-490	1190	18	the	the	DET
ftr-490	1190	19	realization	realization	NOUN
ftr-490	1190	20	requirement	requirement	NOUN
ftr-490	1190	21	)	)	PUNCT
ftr-490	1190	22	into	into	ADP
ftr-490	1190	23	a	a	DET
ftr-490	1190	24	rule	rule	NOUN
ftr-490	1190	25	that	that	PRON
ftr-490	1190	26	alters	alter	VERB
ftr-490	1190	27	the	the	DET
ftr-490	1190	28	amount	amount	NOUN
ftr-490	1190	29	of	of	ADP
ftr-490	1190	30	gain	gain	NOUN
ftr-490	1190	31	.	.	PUNCT
ftr-490	1191	1	analyzing	analyze	VERB
ftr-490	1191	2	whether	whether	SCONJ
ftr-490	1191	3	a	a	DET
ftr-490	1191	4	debt	debt	NOUN
ftr-490	1191	5	is	be	AUX
ftr-490	1191	6	literally	literally	ADV
ftr-490	1191	7	"	"	PUNCT
ftr-490	1191	8	discharged	discharge	VERB
ftr-490	1191	9	"	"	PUNCT
ftr-490	1191	10	for	for	ADP
ftr-490	1191	11	commercial	commercial	ADJ
ftr-490	1191	12	law	law	NOUN
ftr-490	1191	13	purposes	purpose	NOUN
ftr-490	1191	14	and	and	CCONJ
ftr-490	1191	15	,	,	PUNCT
ftr-490	1191	16	since	since	SCONJ
ftr-490	1191	17	it	it	PRON
ftr-490	1191	18	is	be	AUX
ftr-490	1191	19	not	not	PART
ftr-490	1191	20	,	,	PUNCT
ftr-490	1191	21	then	then	ADV
ftr-490	1191	22	relying	rely	VERB
ftr-490	1191	23	on	on	ADP
ftr-490	1191	24	the	the	DET
ftr-490	1191	25	fallback	fallback	NOUN
ftr-490	1191	26	provisions	provision	NOUN
ftr-490	1191	27	of	of	ADP
ftr-490	1191	28	the	the	DET
ftr-490	1191	29	gain	gain	NOUN
ftr-490	1191	30	-	-	PUNCT
ftr-490	1191	31	realization	realization	NOUN
ftr-490	1191	32	provisions	provision	NOUN
ftr-490	1191	33	(	(	PUNCT
ftr-490	1191	34	in	in	ADP
ftr-490	1191	35	order	order	NOUN
ftr-490	1191	36	to	to	PART
ftr-490	1191	37	ensure	ensure	VERB
ftr-490	1191	38	that	that	SCONJ
ftr-490	1191	39	the	the	DET
ftr-490	1191	40	accession	accession	NOUN
ftr-490	1191	41	to	to	ADP
ftr-490	1191	42	wealth	wealth	NOUN
ftr-490	1191	43	that	that	PRON
ftr-490	1191	44	indisputably	indisputably	ADV
ftr-490	1191	45	occurs	occur	VERB
ftr-490	1191	46	on	on	ADP
ftr-490	1191	47	the	the	DET
ftr-490	1191	48	transaction	transaction	NOUN
ftr-490	1191	49	does	do	AUX
ftr-490	1191	50	not	not	PART
ftr-490	1191	51	escape	escape	VERB
ftr-490	1191	52	taxation	taxation	NOUN
ftr-490	1191	53	altogether	altogether	ADV
ftr-490	1191	54	)	)	PUNCT
ftr-490	1191	55	loses	lose	VERB
ftr-490	1191	56	sight	sight	NOUN
ftr-490	1191	57	of	of	ADP
ftr-490	1191	58	the	the	DET
ftr-490	1191	59	underlying	underlying	ADJ
ftr-490	1191	60	conceptual	conceptual	ADJ
ftr-490	1191	61	rationale	rationale	NOUN
ftr-490	1191	62	for	for	ADP
ftr-490	1191	63	taxing	tax	VERB
ftr-490	1191	64	the	the	DET
ftr-490	1191	65	accession	accession	NOUN
ftr-490	1191	66	to	to	ADP
ftr-490	1191	67	wealth	wealth	NOUN
ftr-490	1191	68	that	that	PRON
ftr-490	1191	69	arises	arise	VERB
ftr-490	1191	70	in	in	ADP
ftr-490	1191	71	these	these	DET
ftr-490	1191	72	situations	situation	NOUN
ftr-490	1191	73	in	in	ADP
ftr-490	1191	74	the	the	DET
ftr-490	1191	75	first	first	ADJ
ftr-490	1191	76	place	place	NOUN
ftr-490	1191	77	.	.	PUNCT
ftr-490	1192	1	the	the	DET
ftr-490	1192	2	failure	failure	NOUN
ftr-490	1192	3	to	to	PART
ftr-490	1192	4	repay	repay	VERB
ftr-490	1192	5	debt	debt	NOUN
ftr-490	1192	6	is	be	AUX
ftr-490	1192	7	the	the	DET
ftr-490	1192	8	only	only	ADJ
ftr-490	1192	9	fact	fact	NOUN
ftr-490	1192	10	that	that	PRON
ftr-490	1192	11	is	be	AUX
ftr-490	1192	12	relevant	relevant	ADJ
ftr-490	1192	13	.	.	PUNCT
ftr-490	1193	1	the	the	DET
ftr-490	1193	2	more	more	ADV
ftr-490	1193	3	sophisticated	sophisticated	ADJ
ftr-490	1193	4	version	version	NOUN
ftr-490	1193	5	of	of	ADP
ftr-490	1193	6	the	the	DET
ftr-490	1193	7	argument	argument	NOUN
ftr-490	1193	8	(	(	PUNCT
ftr-490	1193	9	which	which	PRON
ftr-490	1193	10	seems	seem	VERB
ftr-490	1193	11	to	to	PART
ftr-490	1193	12	be	be	AUX
ftr-490	1193	13	at	at	ADP
ftr-490	1193	14	the	the	DET
ftr-490	1193	15	root	root	NOUN
ftr-490	1193	16	of	of	ADP
ftr-490	1193	17	even	even	ADV
ftr-490	1193	18	the	the	DET
ftr-490	1193	19	more	more	ADV
ftr-490	1193	20	simplistic	simplistic	ADJ
ftr-490	1193	21	version)-that	version)-that	ADP
ftr-490	1193	22	nonrecourse	nonrecourse	NOUN
ftr-490	1193	23	debt	debt	NOUN
ftr-490	1193	24	should	should	AUX
ftr-490	1193	25	be	be	AUX
ftr-490	1193	26	considered	consider	VERB
ftr-490	1193	27	as	as	ADP
ftr-490	1193	28	encompassing	encompass	VERB
ftr-490	1193	29	a	a	DET
ftr-490	1193	30	put	put	NOUN
ftr-490	1193	31	option	option	NOUN
ftr-490	1193	32	that	that	PRON
ftr-490	1193	33	is	be	AUX
ftr-490	1193	34	exercised	exercise	VERB
ftr-490	1193	35	on	on	ADP
ftr-490	1193	36	transfer	transfer	NOUN
ftr-490	1193	37	which	which	PRON
ftr-490	1193	38	requires	require	VERB
ftr-490	1193	39	the	the	DET
ftr-490	1193	40	accession	accession	NOUN
ftr-490	1193	41	to	to	ADP
ftr-490	1193	42	wealth	wealth	NOUN
ftr-490	1193	43	to	to	PART
ftr-490	1193	44	be	be	AUX
ftr-490	1193	45	controlled	control	VERB
ftr-490	1193	46	by	by	ADP
ftr-490	1193	47	the	the	DET
ftr-490	1193	48	provisions	provision	NOUN
ftr-490	1193	49	pertaining	pertain	VERB
ftr-490	1193	50	to	to	ADP
ftr-490	1193	51	property	property	NOUN
ftr-490	1193	52	dispositions	disposition	NOUN
ftr-490	1193	53	-	-	PUNCT
ftr-490	1193	54	is	be	AUX
ftr-490	1193	55	more	more	ADV
ftr-490	1193	56	beguiling	beguiling	ADJ
ftr-490	1193	57	still	still	ADV
ftr-490	1193	58	because	because	SCONJ
ftr-490	1193	59	of	of	ADP
ftr-490	1193	60	its	its	PRON
ftr-490	1193	61	technicality	technicality	NOUN
ftr-490	1193	62	.	.	PUNCT
ftr-490	1194	1	without	without	ADP
ftr-490	1194	2	using	use	VERB
ftr-490	1194	3	the	the	DET
ftr-490	1194	4	term	term	NOUN
ftr-490	1194	5	"	"	PUNCT
ftr-490	1194	6	option	option	NOUN
ftr-490	1194	7	,	,	PUNCT
ftr-490	1194	8	"	"	PUNCT
ftr-490	1194	9	professor	professor	NOUN
ftr-490	1194	10	kahn	kahn	PROPN
ftr-490	1194	11	,	,	PUNCT
ftr-490	1194	12	in	in	ADP
ftr-490	1194	13	his	his	PRON
ftr-490	1194	14	student	student	NOUN
ftr-490	1194	15	treatise	treatise	NOUN
ftr-490	1194	16	,	,	PUNCT
ftr-490	1194	17	states	state	VERB
ftr-490	1194	18	the	the	DET
ftr-490	1194	19	argument	argument	NOUN
ftr-490	1194	20	in	in	ADP
ftr-490	1194	21	the	the	DET
ftr-490	1194	22	following	following	ADJ
ftr-490	1194	23	way	way	NOUN
ftr-490	1194	24	in	in	ADP
ftr-490	1194	25	defending	defend	VERB
ftr-490	1194	26	the	the	DET
ftr-490	1194	27	disparate	disparate	ADJ
ftr-490	1194	28	treatment	treatment	NOUN
ftr-490	1194	29	between	between	ADP
ftr-490	1194	30	recourse	recourse	NOUN
ftr-490	1194	31	and	and	CCONJ
ftr-490	1194	32	nonrecourse	nonrecourse	NOUN
ftr-490	1194	33	debt	debt	NOUN
ftr-490	1194	34	in	in	ADP
ftr-490	1194	35	the	the	DET
ftr-490	1194	36	tufts	tuft	NOUN
ftr-490	1194	37	situation	situation	NOUN
ftr-490	1194	38	.	.	PUNCT
ftr-490	1195	1	if	if	SCONJ
ftr-490	1195	2	a	a	DET
ftr-490	1195	3	loan	loan	NOUN
ftr-490	1195	4	is	be	AUX
ftr-490	1195	5	made	make	VERB
ftr-490	1195	6	to	to	ADP
ftr-490	1195	7	a	a	DET
ftr-490	1195	8	taxpayer	taxpayer	NOUN
ftr-490	1195	9	on	on	ADP
ftr-490	1195	10	a	a	DET
ftr-490	1195	11	nonrecourse	nonrecourse	ADJ
ftr-490	1195	12	basis	basis	NOUN
ftr-490	1195	13	,	,	PUNCT
ftr-490	1195	14	the	the	DET
ftr-490	1195	15	lender	lender	NOUN
ftr-490	1195	16	implicitly	implicitly	ADV
ftr-490	1195	17	agrees	agree	VERB
ftr-490	1195	18	to	to	PART
ftr-490	1195	19	accept	accept	VERB
ftr-490	1195	20	the	the	DET
ftr-490	1195	21	encumbered	encumber	VERB
ftr-490	1195	22	property	property	NOUN
ftr-490	1195	23	as	as	ADP
ftr-490	1195	24	full	full	ADJ
ftr-490	1195	25	payment	payment	NOUN
ftr-490	1195	26	for	for	ADP
ftr-490	1195	27	the	the	DET
ftr-490	1195	28	outstanding	outstanding	ADJ
ftr-490	1195	29	balance	balance	NOUN
ftr-490	1195	30	of	of	ADP
ftr-490	1195	31	the	the	DET
ftr-490	1195	32	debt	debt	NOUN
ftr-490	1195	33	if	if	SCONJ
ftr-490	1195	34	the	the	DET
ftr-490	1195	35	debtor	debtor	NOUN
ftr-490	1195	36	does	do	AUX
ftr-490	1195	37	not	not	PART
ftr-490	1195	38	satisfy	satisfy	VERB
ftr-490	1195	39	the	the	DET
ftr-490	1195	40	debt	debt	NOUN
ftr-490	1195	41	in	in	ADP
ftr-490	1195	42	cash	cash	NOUN
ftr-490	1195	43	or	or	CCONJ
ftr-490	1195	44	other	other	ADJ
ftr-490	1195	45	property	property	NOUN
ftr-490	1195	46	.	.	PUNCT
ftr-490	1196	1	in	in	ADP
ftr-490	1196	2	effect	effect	NOUN
ftr-490	1196	3	,	,	PUNCT
ftr-490	1196	4	the	the	DET
ftr-490	1196	5	parties	party	NOUN
ftr-490	1196	6	agree	agree	VERB
ftr-490	1196	7	at	at	ADP
ftr-490	1196	8	arms	arm	NOUN
ftr-490	1196	9	'	'	PART
ftr-490	1196	10	length	length	NOUN
ftr-490	1196	11	that	that	PRON
ftr-490	1196	12	the	the	DET
ftr-490	1196	13	property	property	NOUN
ftr-490	1196	14	will	will	AUX
ftr-490	1196	15	be	be	AUX
ftr-490	1196	16	treated	treat	VERB
ftr-490	1196	17	by	by	ADP
ftr-490	1196	18	them	they	PRON
ftr-490	1196	19	as	as	ADP
ftr-490	1196	20	never	never	ADV
ftr-490	1196	21	having	have	VERB
ftr-490	1196	22	a	a	DET
ftr-490	1196	23	value	value	NOUN
ftr-490	1196	24	that	that	PRON
ftr-490	1196	25	is	be	AUX
ftr-490	1196	26	less	less	ADJ
ftr-490	1196	27	than	than	ADP
ftr-490	1196	28	the	the	DET
ftr-490	1196	29	amount	amount	NOUN
ftr-490	1196	30	of	of	ADP
ftr-490	1196	31	the	the	DET
ftr-490	1196	32	outstanding	outstanding	ADJ
ftr-490	1196	33	debt	debt	NOUN
ftr-490	1196	34	.	.	PUNCT
ftr-490	1197	1	so	so	ADV
ftr-490	1197	2	,	,	PUNCT
ftr-490	1197	3	if	if	SCONJ
ftr-490	1197	4	the	the	DET
ftr-490	1197	5	property	property	NOUN
ftr-490	1197	6	is	be	AUX
ftr-490	1197	7	acquired	acquire	VERB
ftr-490	1197	8	by	by	ADP
ftr-490	1197	9	the	the	DET
ftr-490	1197	10	creditor	creditor	NOUN
ftr-490	1197	11	as	as	ADP
ftr-490	1197	12	the	the	DET
ftr-490	1197	13	final	final	ADJ
ftr-490	1197	14	payment	payment	NOUN
ftr-490	1197	15	on	on	ADP
ftr-490	1197	16	the	the	DET
ftr-490	1197	17	debt	debt	NOUN
ftr-490	1197	18	,	,	PUNCT
ftr-490	1197	19	there	there	PRON
ftr-490	1197	20	is	be	VERB
ftr-490	1197	21	reason	reason	NOUN
ftr-490	1197	22	to	to	PART
ftr-490	1197	23	treat	treat	VERB
ftr-490	1197	24	the	the	DET
ftr-490	1197	25	property	property	NOUN
ftr-490	1197	26	as	as	ADP
ftr-490	1197	27	having	having	AUX
ftr-490	1197	28	been	be	AUX
ftr-490	1197	29	valued	value	VERB
ftr-490	1197	30	by	by	ADP
ftr-490	1197	31	the	the	DET
ftr-490	1197	32	creditor	creditor	NOUN
ftr-490	1197	33	and	and	CCONJ
ftr-490	1197	34	the	the	DET
ftr-490	1197	35	debtor	debtor	NOUN
ftr-490	1197	36	at	at	ADP
ftr-490	1197	37	a	a	DET
ftr-490	1197	38	figure	figure	NOUN
ftr-490	1197	39	that	that	PRON
ftr-490	1197	40	is	be	AUX
ftr-490	1197	41	equal	equal	ADJ
ftr-490	1197	42	to	to	ADP
ftr-490	1197	43	the	the	DET
ftr-490	1197	44	outstanding	outstanding	ADJ
ftr-490	1197	45	debt	debt	NOUN
ftr-490	1197	46	.	.	PUNCT
ftr-490	1198	1	the	the	DET
ftr-490	1198	2	treatment	treatment	NOUN
ftr-490	1198	3	of	of	ADP
ftr-490	1198	4	the	the	DET
ftr-490	1198	5	entire	entire	ADJ
ftr-490	1198	6	debt	debt	NOUN
ftr-490	1198	7	as	as	ADP
ftr-490	1198	8	consideration	consideration	NOUN
ftr-490	1198	9	for	for	ADP
ftr-490	1198	10	the	the	DET
ftr-490	1198	11	transferred	transfer	VERB
ftr-490	1198	12	property	property	NOUN
ftr-490	1198	13	in	in	ADP
ftr-490	1198	14	such	such	ADJ
ftr-490	1198	15	cases	case	NOUN
ftr-490	1198	16	is	be	AUX
ftr-490	1198	17	warranted	warrant	VERB
ftr-490	1198	18	by	by	ADP
ftr-490	1198	19	the	the	DET
ftr-490	1198	20	usual	usual	ADJ
ftr-490	1198	21	rule	rule	NOUN
ftr-490	1198	22	that	that	SCONJ
ftr-490	1198	23	a	a	DET
ftr-490	1198	24	value	value	NOUN
ftr-490	1198	25	set	set	VERB
ftr-490	1198	26	at	at	ADP
ftr-490	1198	27	an	an	DET
ftr-490	1198	28	arms	arm	NOUN
ftr-490	1198	29	'	'	PART
ftr-490	1198	30	length	length	NOUN
ftr-490	1198	31	bargain	bargain	NOUN
ftr-490	1198	32	will	will	AUX
ftr-490	1198	33	not	not	PART
ftr-490	1198	34	be	be	AUX
ftr-490	1198	35	disturbed	disturb	VERB
ftr-490	1198	36	by	by	ADP
ftr-490	1198	37	the	the	DET
ftr-490	1198	38	tax	tax	NOUN
ftr-490	1198	39	authorities	authority	NOUN
ftr-490	1198	40	.	.	PUNCT
ftr-490	1199	1	on	on	ADP
ftr-490	1199	2	the	the	DET
ftr-490	1199	3	other	other	ADJ
ftr-490	1199	4	hand	hand	NOUN
ftr-490	1199	5	,	,	PUNCT
ftr-490	1199	6	when	when	SCONJ
ftr-490	1199	7	the	the	DET
ftr-490	1199	8	debt	debt	NOUN
ftr-490	1199	9	is	be	AUX
ftr-490	1199	10	a	a	DET
ftr-490	1199	11	recourse	recourse	NOUN
ftr-490	1199	12	debt	debt	NOUN
ftr-490	1199	13	,	,	PUNCT
ftr-490	1199	14	the	the	DET
ftr-490	1199	15	creditor	creditor	NOUN
ftr-490	1199	16	has	have	AUX
ftr-490	1199	17	not	not	PART
ftr-490	1199	18	consented	consent	VERB
ftr-490	1199	19	at	at	ADP
ftr-490	1199	20	the	the	DET
ftr-490	1199	21	time	time	NOUN
ftr-490	1199	22	of	of	ADP
ftr-490	1199	23	the	the	DET
ftr-490	1199	24	loan	loan	NOUN
ftr-490	1199	25	to	to	PART
ftr-490	1199	26	treat	treat	VERB
ftr-490	1199	27	the	the	DET
ftr-490	1199	28	underlying	underlie	VERB
ftr-490	1199	29	property	property	NOUN
ftr-490	1199	30	as	as	ADP
ftr-490	1199	31	never	never	ADV
ftr-490	1199	32	having	have	VERB
ftr-490	1199	33	a	a	DET
ftr-490	1199	34	value	value	NOUN
ftr-490	1199	35	that	that	PRON
ftr-490	1199	36	is	be	AUX
ftr-490	1199	37	less	less	ADJ
ftr-490	1199	38	than	than	ADP
ftr-490	1199	39	the	the	DET
ftr-490	1199	40	outstanding	outstanding	ADJ
ftr-490	1199	41	debt	debt	NOUN
ftr-490	1199	42	.	.	PUNCT
ftr-490	1200	1	to	to	ADP
ftr-490	1200	2	the	the	DET
ftr-490	1200	3	contrary	contrary	NOUN
ftr-490	1200	4	,	,	PUNCT
ftr-490	1200	5	the	the	DET
ftr-490	1200	6	creditor	creditor	NOUN
ftr-490	1200	7	has	have	AUX
ftr-490	1200	8	retained	retain	VERB
ftr-490	1200	9	the	the	DET
ftr-490	1200	10	right	right	NOUN
ftr-490	1200	11	to	to	PART
ftr-490	1200	12	collect	collect	VERB
ftr-490	1200	13	from	from	ADP
ftr-490	1200	14	the	the	DET
ftr-490	1200	15	debtor	debtor	NOUN
ftr-490	1200	16	any	any	DET
ftr-490	1200	17	deficiency	deficiency	NOUN
ftr-490	1200	18	in	in	ADP
ftr-490	1200	19	the	the	DET
ftr-490	1200	20	payment	payment	NOUN
ftr-490	1200	21	received	receive	VERB
ftr-490	1200	22	that	that	SCONJ
ftr-490	1200	23	results	result	VERB
ftr-490	1200	24	from	from	ADP
ftr-490	1200	25	an	an	DET
ftr-490	1200	26	inadequacy	inadequacy	NOUN
ftr-490	1200	27	in	in	ADP
ftr-490	1200	28	the	the	DET
ftr-490	1200	29	[	[	X
ftr-490	1200	30	vol	vol	NOUN
ftr-490	1200	31	1:3	1:3	NUM
ftr-490	1200	32	tufts	tuft	NOUN
ftr-490	1200	33	and	and	CCONJ
ftr-490	1200	34	the	the	DET
ftr-490	1200	35	evoluion	evoluion	NOUN
ftr-490	1200	36	of	of	ADP
ftr-490	1200	37	debt	debt	NOUN
ftr-490	1200	38	-	-	PUNCT
ftr-490	1200	39	discharge	discharge	NOUN
ftr-490	1200	40	theorn	theorn	VERB
ftr-490	1200	41	value	value	NOUN
ftr-490	1200	42	of	of	ADP
ftr-490	1200	43	the	the	DET
ftr-490	1200	44	encumbered	encumbered	ADJ
ftr-490	1200	45	property	property	NOUN
ftr-490	1200	46	.	.	PUNCT
ftr-490	1201	1	so	so	ADV
ftr-490	1201	2	,	,	PUNCT
ftr-490	1201	3	if	if	SCONJ
ftr-490	1201	4	the	the	DET
ftr-490	1201	5	creditor	creditor	NOUN
ftr-490	1201	6	agrees	agree	VERB
ftr-490	1201	7	to	to	PART
ftr-490	1201	8	forego	forego	VERB
ftr-490	1201	9	his	his	PRON
ftr-490	1201	10	right	right	NOUN
ftr-490	1201	11	to	to	PART
ftr-490	1201	12	collect	collect	VERB
ftr-490	1201	13	the	the	DET
ftr-490	1201	14	deficiency	deficiency	NOUN
ftr-490	1201	15	from	from	ADP
ftr-490	1201	16	the	the	DET
ftr-490	1201	17	debtor	debtor	NOUN
ftr-490	1201	18	,	,	PUNCT
ftr-490	1201	19	that	that	PRON
ftr-490	1201	20	constitutes	constitute	VERB
ftr-490	1201	21	a	a	DET
ftr-490	1201	22	forgiveness	forgiveness	NOUN
ftr-490	1201	23	by	by	ADP
ftr-490	1201	24	the	the	DET
ftr-490	1201	25	creditor	creditor	NOUN
ftr-490	1201	26	of	of	ADP
ftr-490	1201	27	that	that	DET
ftr-490	1201	28	portion	portion	NOUN
ftr-490	1201	29	of	of	ADP
ftr-490	1201	30	the	the	DET
ftr-490	1201	31	debt	debt	NOUN
ftr-490	1201	32	.	.	PUNCT
ftr-490	1202	1	the	the	DET
ftr-490	1202	2	regulation	regulation	NOUN
ftr-490	1202	3	reflects	reflect	VERB
ftr-490	1202	4	the	the	DET
ftr-490	1202	5	reality	reality	NOUN
ftr-490	1202	6	that	that	SCONJ
ftr-490	1202	7	the	the	DET
ftr-490	1202	8	creditor	creditor	NOUN
ftr-490	1202	9	does	do	AUX
ftr-490	1202	10	forgive	forgive	VERB
ftr-490	1202	11	a	a	DET
ftr-490	1202	12	portion	portion	NOUN
ftr-490	1202	13	of	of	ADP
ftr-490	1202	14	the	the	DET
ftr-490	1202	15	debt	debt	NOUN
ftr-490	1202	16	when	when	SCONJ
ftr-490	1202	17	he	he	PRON
ftr-490	1202	18	chooses	choose	VERB
ftr-490	1202	19	not	not	PART
ftr-490	1202	20	to	to	PART
ftr-490	1202	21	enforce	enforce	VERB
ftr-490	1202	22	his	his	PRON
ftr-490	1202	23	right	right	NOUN
ftr-490	1202	24	to	to	PART
ftr-490	1202	25	require	require	VERB
ftr-490	1202	26	the	the	DET
ftr-490	1202	27	debtor	debtor	NOUN
ftr-490	1202	28	to	to	PART
ftr-490	1202	29	make	make	VERB
ftr-490	1202	30	-	-	PUNCT
ftr-490	1202	31	up	up	ADP
ftr-490	1202	32	[	[	X
ftr-490	1202	33	sic	sic	ADJ
ftr-490	1202	34	]	]	PUNCT
ftr-490	1202	35	the	the	DET
ftr-490	1202	36	unpaid	unpaid	ADJ
ftr-490	1202	37	portion	portion	NOUN
ftr-490	1202	38	of	of	ADP
ftr-490	1202	39	the	the	DET
ftr-490	1202	40	debt	debt	NOUN
ftr-490	1202	41	.	.	PUNCT
ftr-490	1203	1	62	62	NUM
ftr-490	1203	2	the	the	DET
ftr-490	1203	3	quoted	quote	VERB
ftr-490	1203	4	analysis	analysis	NOUN
ftr-490	1203	5	turns	turn	VERB
ftr-490	1203	6	on	on	ADP
ftr-490	1203	7	one	one	NUM
ftr-490	1203	8	misplaced	misplaced	ADJ
ftr-490	1203	9	assumption	assumption	NOUN
ftr-490	1203	10	and	and	CCONJ
ftr-490	1203	11	two	two	NUM
ftr-490	1203	12	items	item	NOUN
ftr-490	1203	13	that	that	PRON
ftr-490	1203	14	should	should	AUX
ftr-490	1203	15	have	have	VERB
ftr-490	1203	16	no	no	DET
ftr-490	1203	17	relevance	relevance	NOUN
ftr-490	1203	18	in	in	ADP
ftr-490	1203	19	determining	determine	VERB
ftr-490	1203	20	the	the	DET
ftr-490	1203	21	proper	proper	ADJ
ftr-490	1203	22	tax	tax	NOUN
ftr-490	1203	23	consequences	consequence	NOUN
ftr-490	1203	24	of	of	ADP
ftr-490	1203	25	the	the	DET
ftr-490	1203	26	accession	accession	NOUN
ftr-490	1203	27	to	to	ADP
ftr-490	1203	28	wealth	wealth	NOUN
ftr-490	1203	29	that	that	PRON
ftr-490	1203	30	arises	arise	VERB
ftr-490	1203	31	in	in	ADP
ftr-490	1203	32	these	these	DET
ftr-490	1203	33	transfer	transfer	NOUN
ftr-490	1203	34	situations	situation	NOUN
ftr-490	1203	35	.	.	PUNCT
ftr-490	1204	1	the	the	DET
ftr-490	1204	2	assertion	assertion	NOUN
ftr-490	1204	3	that	that	SCONJ
ftr-490	1204	4	the	the	DET
ftr-490	1204	5	arm's	arm'	NOUN
ftr-490	1204	6	-	-	PUNCT
ftr-490	1204	7	length	length	NOUN
ftr-490	1204	8	agreement	agreement	NOUN
ftr-490	1204	9	between	between	ADP
ftr-490	1204	10	creditor	creditor	NOUN
ftr-490	1204	11	and	and	CCONJ
ftr-490	1204	12	debtor	debtor	NOUN
ftr-490	1204	13	(	(	PUNCT
ftr-490	1204	14	that	that	SCONJ
ftr-490	1204	15	the	the	DET
ftr-490	1204	16	value	value	NOUN
ftr-490	1204	17	of	of	ADP
ftr-490	1204	18	the	the	DET
ftr-490	1204	19	property	property	NOUN
ftr-490	1204	20	should	should	AUX
ftr-490	1204	21	always	always	ADV
ftr-490	1204	22	be	be	AUX
ftr-490	1204	23	deemed	deem	VERB
ftr-490	1204	24	to	to	PART
ftr-490	1204	25	equal	equal	VERB
ftr-490	1204	26	the	the	DET
ftr-490	1204	27	outstanding	outstanding	ADJ
ftr-490	1204	28	principal	principal	NOUN
ftr-490	1204	29	at	at	ADP
ftr-490	1204	30	any	any	DET
ftr-490	1204	31	point	point	NOUN
ftr-490	1204	32	in	in	ADP
ftr-490	1204	33	time	time	NOUN
ftr-490	1204	34	)	)	PUNCT
ftr-490	1204	35	should	should	AUX
ftr-490	1204	36	be	be	AUX
ftr-490	1204	37	respected	respect	VERB
ftr-490	1204	38	for	for	ADP
ftr-490	1204	39	tax	tax	NOUN
ftr-490	1204	40	purposes	purpose	NOUN
ftr-490	1204	41	is	be	AUX
ftr-490	1204	42	not	not	PART
ftr-490	1204	43	convincing	convincing	ADJ
ftr-490	1204	44	.	.	PUNCT
ftr-490	1205	1	even	even	ADV
ftr-490	1205	2	ann's	ann's	NOUN
ftr-490	1205	3	-	-	PUNCT
ftr-490	1205	4	length	length	NOUN
ftr-490	1205	5	agreements	agreement	NOUN
ftr-490	1205	6	are	be	AUX
ftr-490	1205	7	suspect	suspect	ADJ
ftr-490	1205	8	if	if	SCONJ
ftr-490	1205	9	the	the	DET
ftr-490	1205	10	parties	party	NOUN
ftr-490	1205	11	'	'	PART
ftr-490	1205	12	tax	tax	NOUN
ftr-490	1205	13	positions	position	NOUN
ftr-490	1205	14	are	be	AUX
ftr-490	1205	15	not	not	PART
ftr-490	1205	16	adverse	adverse	ADJ
ftr-490	1205	17	or	or	CCONJ
ftr-490	1205	18	if	if	SCONJ
ftr-490	1205	19	they	they	PRON
ftr-490	1205	20	do	do	AUX
ftr-490	1205	21	not	not	PART
ftr-490	1205	22	report	report	VERB
ftr-490	1205	23	the	the	DET
ftr-490	1205	24	arm's	arm'	NOUN
ftr-490	1205	25	-	-	PUNCT
ftr-490	1205	26	length	length	NOUN
ftr-490	1205	27	allocation	allocation	NOUN
ftr-490	1205	28	consistently	consistently	ADV
ftr-490	1205	29	,	,	PUNCT
ftr-490	1205	30	and	and	CCONJ
ftr-490	1205	31	the	the	DET
ftr-490	1205	32	fact	fact	NOUN
ftr-490	1205	33	is	be	AUX
ftr-490	1205	34	that	that	SCONJ
ftr-490	1205	35	,	,	PUNCT
ftr-490	1205	36	notwithstanding	notwithstanding	ADP
ftr-490	1205	37	the	the	DET
ftr-490	1205	38	implicit	implicit	ADJ
ftr-490	1205	39	agreement	agreement	NOUN
ftr-490	1205	40	described	describe	VERB
ftr-490	1205	41	above	above	ADV
ftr-490	1205	42	,	,	PUNCT
ftr-490	1205	43	the	the	DET
ftr-490	1205	44	lender	lender	NOUN
ftr-490	1205	45	will	will	AUX
ftr-490	1205	46	not	not	PART
ftr-490	1205	47	treat	treat	VERB
ftr-490	1205	48	the	the	DET
ftr-490	1205	49	value	value	NOUN
ftr-490	1205	50	of	of	ADP
ftr-490	1205	51	the	the	DET
ftr-490	1205	52	property	property	NOUN
ftr-490	1205	53	on	on	ADP
ftr-490	1205	54	foreclosure	foreclosure	NOUN
ftr-490	1205	55	as	as	ADV
ftr-490	1205	56	equal	equal	ADJ
ftr-490	1205	57	to	to	ADP
ftr-490	1205	58	the	the	DET
ftr-490	1205	59	outstanding	outstanding	ADJ
ftr-490	1205	60	loan	loan	NOUN
ftr-490	1205	61	amount	amount	NOUN
ftr-490	1205	62	for	for	ADP
ftr-490	1205	63	tax	tax	NOUN
ftr-490	1205	64	purposes	purpose	NOUN
ftr-490	1205	65	.	.	PUNCT
ftr-490	1206	1	rather	rather	ADV
ftr-490	1206	2	,	,	PUNCT
ftr-490	1206	3	the	the	DET
ftr-490	1206	4	lender	lender	NOUN
ftr-490	1206	5	will	will	AUX
ftr-490	1206	6	value	value	VERB
ftr-490	1206	7	it	it	PRON
ftr-490	1206	8	at	at	ADP
ftr-490	1206	9	fair	fair	ADJ
ftr-490	1206	10	market	market	NOUN
ftr-490	1206	11	value	value	NOUN
ftr-490	1206	12	and	and	CCONJ
ftr-490	1206	13	take	take	VERB
ftr-490	1206	14	a	a	DET
ftr-490	1206	15	deduction	deduction	NOUN
ftr-490	1206	16	for	for	ADP
ftr-490	1206	17	the	the	DET
ftr-490	1206	18	resulting	result	VERB
ftr-490	1206	19	"	"	PUNCT
ftr-490	1206	20	bad	bad	ADJ
ftr-490	1206	21	debt	debt	NOUN
ftr-490	1206	22	"	"	PUNCT
ftr-490	1206	23	under	under	ADP
ftr-490	1206	24	section	section	NOUN
ftr-490	1206	25	166.16moreover	166.16moreover	NUM
ftr-490	1206	26	,	,	PUNCT
ftr-490	1206	27	requiring	require	VERB
ftr-490	1206	28	the	the	DET
ftr-490	1206	29	lender	lender	NOUN
ftr-490	1206	30	to	to	PART
ftr-490	1206	31	honor	honor	VERB
ftr-490	1206	32	the	the	DET
ftr-490	1206	33	implicit	implicit	ADJ
ftr-490	1206	34	agreement	agreement	NOUN
ftr-490	1206	35	by	by	ADP
ftr-490	1206	36	disallowing	disallow	VERB
ftr-490	1206	37	a	a	DET
ftr-490	1206	38	bad	bad	ADJ
ftr-490	1206	39	debt	debt	NOUN
ftr-490	1206	40	deduction	deduction	NOUN
ftr-490	1206	41	,	,	PUNCT
ftr-490	1206	42	if	if	SCONJ
ftr-490	1206	43	that	that	PRON
ftr-490	1206	44	is	be	AUX
ftr-490	1206	45	the	the	DET
ftr-490	1206	46	alternative	alternative	ADJ
ftr-490	1206	47	suggestion	suggestion	NOUN
ftr-490	1206	48	to	to	ADP
ftr-490	1206	49	the	the	DET
ftr-490	1206	50	one	one	NOUN
ftr-490	1206	51	advanced	advanced	ADJ
ftr-490	1206	52	in	in	ADP
ftr-490	1206	53	this	this	DET
ftr-490	1206	54	article	article	NOUN
ftr-490	1206	55	,	,	PUNCT
ftr-490	1206	56	fails	fail	VERB
ftr-490	1206	57	to	to	PART
ftr-490	1206	58	account	account	VERB
ftr-490	1206	59	for	for	ADP
ftr-490	1206	60	the	the	DET
ftr-490	1206	61	other	other	ADJ
ftr-490	1206	62	weaknesses	weakness	NOUN
ftr-490	1206	63	of	of	ADP
ftr-490	1206	64	this	this	DET
ftr-490	1206	65	analysis	analysis	NOUN
ftr-490	1206	66	.	.	PUNCT
ftr-490	1207	1	two	two	NUM
ftr-490	1207	2	items	item	NOUN
ftr-490	1207	3	accorded	accord	VERB
ftr-490	1207	4	persuasive	persuasive	ADJ
ftr-490	1207	5	force	force	NOUN
ftr-490	1207	6	in	in	ADP
ftr-490	1207	7	the	the	DET
ftr-490	1207	8	recourse	recourse	NOUN
ftr-490	1207	9	context	context	NOUN
ftr-490	1207	10	by	by	ADP
ftr-490	1207	11	professor	professor	NOUN
ftr-490	1207	12	kahn	kahn	PROPN
ftr-490	1207	13	but	but	CCONJ
ftr-490	1207	14	that	that	PRON
ftr-490	1207	15	should	should	AUX
ftr-490	1207	16	be	be	AUX
ftr-490	1207	17	irrelevant	irrelevant	ADJ
ftr-490	1207	18	in	in	ADP
ftr-490	1207	19	determining	determine	VERB
ftr-490	1207	20	the	the	DET
ftr-490	1207	21	proper	proper	ADJ
ftr-490	1207	22	tax	tax	NOUN
ftr-490	1207	23	consequences	consequence	NOUN
ftr-490	1207	24	of	of	ADP
ftr-490	1207	25	the	the	DET
ftr-490	1207	26	accession	accession	NOUN
ftr-490	1207	27	to	to	ADP
ftr-490	1207	28	wealth	wealth	NOUN
ftr-490	1207	29	in	in	ADP
ftr-490	1207	30	the	the	DET
ftr-490	1207	31	transfer	transfer	NOUN
ftr-490	1207	32	situation	situation	NOUN
ftr-490	1207	33	are	be	AUX
ftr-490	1207	34	(	(	PUNCT
ftr-490	1207	35	1	1	X
ftr-490	1207	36	)	)	PUNCT
ftr-490	1207	37	the	the	DET
ftr-490	1207	38	timzing	timzing	NOUN
ftr-490	1207	39	of	of	ADP
ftr-490	1207	40	the	the	DET
ftr-490	1207	41	agreement	agreement	NOUN
ftr-490	1207	42	that	that	PRON
ftr-490	1207	43	a	a	DET
ftr-490	1207	44	deficiency	deficiency	NOUN
ftr-490	1207	45	in	in	ADP
ftr-490	1207	46	repayment	repayment	NOUN
ftr-490	1207	47	will	will	AUX
ftr-490	1207	48	not	not	PART
ftr-490	1207	49	be	be	AUX
ftr-490	1207	50	pursued	pursue	VERB
ftr-490	1207	51	and	and	CCONJ
ftr-490	1207	52	(	(	PUNCT
ftr-490	1207	53	2	2	X
ftr-490	1207	54	)	)	PUNCT
ftr-490	1207	55	the	the	DET
ftr-490	1207	56	unilateral	unilateral	ADJ
ftr-490	1207	57	versus	versus	ADP
ftr-490	1207	58	bilateral	bilateral	ADJ
ftr-490	1207	59	nature	nature	NOUN
ftr-490	1207	60	of	of	ADP
ftr-490	1207	61	the	the	DET
ftr-490	1207	62	agreement	agreement	NOUN
ftr-490	1207	63	not	not	PART
ftr-490	1207	64	to	to	PART
ftr-490	1207	65	pursue	pursue	VERB
ftr-490	1207	66	a	a	DET
ftr-490	1207	67	deficiency	deficiency	NOUN
ftr-490	1207	68	.	.	PUNCT
ftr-490	1208	1	professor	professor	NOUN
ftr-490	1208	2	kahn	kahn	PROPN
ftr-490	1208	3	notes	note	VERB
ftr-490	1208	4	that	that	SCONJ
ftr-490	1208	5	the	the	DET
ftr-490	1208	6	feature	feature	NOUN
ftr-490	1208	7	distinguishing	distinguish	VERB
ftr-490	1208	8	a	a	DET
ftr-490	1208	9	recourse	recourse	NOUN
ftr-490	1208	10	debt	debt	NOUN
ftr-490	1208	11	from	from	ADP
ftr-490	1208	12	a	a	DET
ftr-490	1208	13	nonrecourse	nonrecourse	NOUN
ftr-490	1208	14	debt	debt	NOUN
ftr-490	1208	15	is	be	AUX
ftr-490	1208	16	that	that	SCONJ
ftr-490	1208	17	in	in	ADP
ftr-490	1208	18	the	the	DET
ftr-490	1208	19	former	former	ADJ
ftr-490	1208	20	"	"	PUNCT
ftr-490	1208	21	the	the	DET
ftr-490	1208	22	creditor	creditor	NOUN
ftr-490	1208	23	has	have	AUX
ftr-490	1208	24	not	not	PART
ftr-490	1208	25	consented	consent	VERB
ftr-490	1208	26	at	at	ADP
ftr-490	1208	27	the	the	DET
ftr-490	1208	28	time	time	NOUN
ftr-490	1208	29	of	of	ADP
ftr-490	1208	30	the	the	DET
ftr-490	1208	31	loan	loan	NOUN
ftr-490	1208	32	to	to	PART
ftr-490	1208	33	treat	treat	VERB
ftr-490	1208	34	the	the	DET
ftr-490	1208	35	underlying	underlie	VERB
ftr-490	1208	36	property	property	NOUN
ftr-490	1208	37	as	as	ADP
ftr-490	1208	38	never	never	ADV
ftr-490	1208	39	having	have	VERB
ftr-490	1208	40	a	a	DET
ftr-490	1208	41	value	value	NOUN
ftr-490	1208	42	that	that	PRON
ftr-490	1208	43	is	be	AUX
ftr-490	1208	44	less	less	ADJ
ftr-490	1208	45	than	than	ADP
ftr-490	1208	46	the	the	DET
ftr-490	1208	47	outstanding	outstanding	ADJ
ftr-490	1208	48	debt	debt	NOUN
ftr-490	1208	49	"	"	PUNCT
ftr-490	1208	50	'	'	PUNCT
ftr-490	1208	51	"	"	PUNCT
ftr-490	1208	52	and	and	CCONJ
ftr-490	1208	53	"	"	PUNCT
ftr-490	1208	54	that	that	SCONJ
ftr-490	1208	55	the	the	DET
ftr-490	1208	56	creditor	creditor	NOUN
ftr-490	1208	57	does	do	AUX
ftr-490	1208	58	forgive	forgive	VERB
ftr-490	1208	59	a	a	DET
ftr-490	1208	60	portion	portion	NOUN
ftr-490	1208	61	of	of	ADP
ftr-490	1208	62	the	the	DET
ftr-490	1208	63	debt	debt	NOUN
ftr-490	1208	64	when	when	SCONJ
ftr-490	1208	65	he	he	PRON
ftr-490	1208	66	chooses	choose	VERB
ftr-490	1208	67	not	not	PART
ftr-490	1208	68	to	to	PART
ftr-490	1208	69	enforce	enforce	VERB
ftr-490	1208	70	his	his	PRON
ftr-490	1208	71	right	right	NOUN
ftr-490	1208	72	'	'	PUNCT
ftr-490	1208	73	1	1	NUM
ftr-490	1208	74	to	to	PART
ftr-490	1208	75	collect	collect	VERB
ftr-490	1208	76	any	any	DET
ftr-490	1208	77	deficiency	deficiency	NOUN
ftr-490	1208	78	remaining	remain	VERB
ftr-490	1208	79	upon	upon	SCONJ
ftr-490	1208	80	transfer	transfer	NOUN
ftr-490	1208	81	of	of	ADP
ftr-490	1208	82	the	the	DET
ftr-490	1208	83	property	property	NOUN
ftr-490	1208	84	.	.	PUNCT
ftr-490	1209	1	after	after	ADP
ftr-490	1209	2	stating	state	VERB
ftr-490	1209	3	these	these	DET
ftr-490	1209	4	assertions	assertion	NOUN
ftr-490	1209	5	,	,	PUNCT
ftr-490	1209	6	he	he	PRON
ftr-490	1209	7	fails	fail	VERB
ftr-490	1209	8	to	to	PART
ftr-490	1209	9	explain	explain	VERB
ftr-490	1209	10	why	why	SCONJ
ftr-490	1209	11	they	they	PRON
ftr-490	1209	12	are	be	AUX
ftr-490	1209	13	relevant	relevant	ADJ
ftr-490	1209	14	.	.	PUNCT
ftr-490	1210	1	162	162	NUM
ftr-490	1210	2	.	.	PUNCT
ftr-490	1211	1	douglas	douglas	PROPN
ftr-490	1211	2	a.	a.	PROPN
ftr-490	1211	3	kahn	kahn	PROPN
ftr-490	1211	4	,	,	PUNCT
ftr-490	1211	5	federal	federal	ADJ
ftr-490	1211	6	income	income	NOUN
ftr-490	1211	7	tax	tax	NOUN
ftr-490	1211	8	:	:	PUNCT
ftr-490	1211	9	a	a	DET
ftr-490	1211	10	student	student	NOUN
ftr-490	1211	11	's	's	PART
ftr-490	1211	12	guide	guide	NOUN
ftr-490	1211	13	to	to	ADP
ftr-490	1211	14	the	the	DET
ftr-490	1211	15	internal	internal	ADJ
ftr-490	1211	16	revenue	revenue	NOUN
ftr-490	1211	17	code	code	PROPN
ftr-490	1211	18	492	492	NUM
ftr-490	1211	19	-	-	SYM
ftr-490	1211	20	93	93	NUM
ftr-490	1211	21	(	(	PUNCT
ftr-490	1211	22	2d	2d	NUM
ftr-490	1211	23	ed	ed	NOUN
ftr-490	1211	24	.	.	PROPN
ftr-490	1211	25	1992	1992	NUM
ftr-490	1211	26	)	)	PUNCT
ftr-490	1211	27	.	.	PUNCT
ftr-490	1212	1	163	163	NUM
ftr-490	1212	2	.	.	PUNCT
ftr-490	1212	3	see	see	VERB
ftr-490	1212	4	cunningham	cunningham	PROPN
ftr-490	1212	5	i	i	PROPN
ftr-490	1212	6	,	,	PUNCT
ftr-490	1212	7	supra	supra	PROPN
ftr-490	1212	8	note	note	NOUN
ftr-490	1212	9	14	14	NUM
ftr-490	1212	10	.	.	PUNCT
ftr-490	1213	1	at	at	ADP
ftr-490	1213	2	595	595	NUM
ftr-490	1213	3	(	(	PUNCT
ftr-490	1213	4	discussing	discuss	VERB
ftr-490	1213	5	authority	authority	NOUN
ftr-490	1213	6	confirming	confirm	VERB
ftr-490	1213	7	this	this	DET
ftr-490	1213	8	result	result	NOUN
ftr-490	1213	9	)	)	PUNCT
ftr-490	1213	10	.	.	PUNCT
ftr-490	1214	1	164	164	NUM
ftr-490	1214	2	.	.	PUNCT
ftr-490	1215	1	kahn	kahn	PROPN
ftr-490	1215	2	,	,	PUNCT
ftr-490	1215	3	supra	supra	PROPN
ftr-490	1215	4	note	note	PROPN
ftr-490	1215	5	162	162	NUM
ftr-490	1215	6	,	,	PUNCT
ftr-490	1215	7	at	at	ADP
ftr-490	1215	8	493	493	NUM
ftr-490	1215	9	(	(	PUNCT
ftr-490	1215	10	emphasis	emphasis	NOUN
ftr-490	1215	11	added	add	VERB
ftr-490	1215	12	)	)	PUNCT
ftr-490	1215	13	.	.	PUNCT
ftr-490	1216	1	165	165	NUM
ftr-490	1216	2	.	.	PUNCT
ftr-490	1217	1	i	i	PRON
ftr-490	1217	2	d.	d.	PROPN
ftr-490	1217	3	(	(	PUNCT
ftr-490	1217	4	emphasis	emphasis	NOUN
ftr-490	1217	5	added	add	VERB
ftr-490	1217	6	)	)	PUNCT
ftr-490	1217	7	.	.	PUNCT
ftr-490	1218	1	19921	19921	NUM
ftr-490	1218	2	florida	florida	PROPN
ftr-490	1218	3	tax	tax	NOUN
ftr-490	1218	4	review	review	NOUN
ftr-490	1218	5	why	why	SCONJ
ftr-490	1218	6	should	should	AUX
ftr-490	1218	7	the	the	DET
ftr-490	1218	8	timing	timing	NOUN
ftr-490	1218	9	of	of	ADP
ftr-490	1218	10	the	the	DET
ftr-490	1218	11	agreement	agreement	NOUN
ftr-490	1218	12	not	not	PART
ftr-490	1218	13	to	to	PART
ftr-490	1218	14	pursue	pursue	VERB
ftr-490	1218	15	a	a	DET
ftr-490	1218	16	deficiency	deficiency	NOUN
ftr-490	1218	17	matter	matter	NOUN
ftr-490	1218	18	in	in	ADP
ftr-490	1218	19	determining	determine	VERB
ftr-490	1218	20	the	the	DET
ftr-490	1218	21	proper	proper	ADJ
ftr-490	1218	22	tax	tax	NOUN
ftr-490	1218	23	consequences	consequence	NOUN
ftr-490	1218	24	of	of	ADP
ftr-490	1218	25	the	the	DET
ftr-490	1218	26	debtor	debtor	NOUN
ftr-490	1218	27	's	's	PART
ftr-490	1218	28	accession	accession	NOUN
ftr-490	1218	29	to	to	ADP
ftr-490	1218	30	wealth	wealth	NOUN
ftr-490	1218	31	that	that	PRON
ftr-490	1218	32	occurs	occur	VERB
ftr-490	1218	33	only	only	ADV
ftr-490	1218	34	at	at	ADP
ftr-490	1218	35	the	the	DET
ftr-490	1218	36	time	time	NOUN
ftr-490	1218	37	the	the	DET
ftr-490	1218	38	deficiency	deficiency	NOUN
ftr-490	1218	39	is	be	AUX
ftr-490	1218	40	not	not	PART
ftr-490	1218	41	,	,	PUNCT
ftr-490	1218	42	in	in	ADP
ftr-490	1218	43	fact	fact	NOUN
ftr-490	1218	44	,	,	PUNCT
ftr-490	1218	45	pursued	pursue	VERB
ftr-490	1218	46	?	?	PUNCT
ftr-490	1219	1	in	in	ADP
ftr-490	1219	2	the	the	DET
ftr-490	1219	3	nonrecourse	nonrecourse	NOUN
ftr-490	1219	4	situation	situation	NOUN
ftr-490	1219	5	,	,	PUNCT
ftr-490	1219	6	much	much	ADV
ftr-490	1219	7	seems	seem	VERB
ftr-490	1219	8	to	to	PART
ftr-490	1219	9	be	be	AUX
ftr-490	1219	10	made	make	VERB
ftr-490	1219	11	of	of	ADP
ftr-490	1219	12	the	the	DET
ftr-490	1219	13	fact	fact	NOUN
ftr-490	1219	14	that	that	SCONJ
ftr-490	1219	15	the	the	DET
ftr-490	1219	16	creditor	creditor	NOUN
ftr-490	1219	17	foregoes	forego	VERB
ftr-490	1219	18	collection	collection	NOUN
ftr-490	1219	19	of	of	ADP
ftr-490	1219	20	the	the	DET
ftr-490	1219	21	deficiency	deficiency	NOUN
ftr-490	1219	22	before	before	SCONJ
ftr-490	1219	23	any	any	DET
ftr-490	1219	24	deficiency	deficiency	NOUN
ftr-490	1219	25	arises	arise	VERB
ftr-490	1219	26	whereas	whereas	SCONJ
ftr-490	1219	27	in	in	ADP
ftr-490	1219	28	the	the	DET
ftr-490	1219	29	recourse	recourse	NOUN
ftr-490	1219	30	situation	situation	NOUN
ftr-490	1219	31	the	the	DET
ftr-490	1219	32	creditor	creditor	NOUN
ftr-490	1219	33	does	do	AUX
ftr-490	1219	34	not	not	PART
ftr-490	1219	35	forego	forego	VERB
ftr-490	1219	36	collection	collection	NOUN
ftr-490	1219	37	of	of	ADP
ftr-490	1219	38	the	the	DET
ftr-490	1219	39	deficiency	deficiency	NOUN
ftr-490	1219	40	until	until	ADP
ftr-490	1219	41	such	such	ADJ
ftr-490	1219	42	time	time	NOUN
ftr-490	1219	43	as	as	SCONJ
ftr-490	1219	44	the	the	DET
ftr-490	1219	45	deficiency	deficiency	NOUN
ftr-490	1219	46	arises	arise	VERB
ftr-490	1219	47	.	.	PUNCT
ftr-490	1220	1	why	why	SCONJ
ftr-490	1220	2	should	should	AUX
ftr-490	1220	3	that	that	DET
ftr-490	1220	4	timing	timing	NOUN
ftr-490	1220	5	difference	difference	NOUN
ftr-490	1220	6	affect	affect	VERB
ftr-490	1220	7	the	the	DET
ftr-490	1220	8	tax	tax	NOUN
ftr-490	1220	9	analysis	analysis	NOUN
ftr-490	1220	10	of	of	ADP
ftr-490	1220	11	the	the	DET
ftr-490	1220	12	conceded	conceded	ADJ
ftr-490	1220	13	accession	accession	NOUN
ftr-490	1220	14	to	to	ADP
ftr-490	1220	15	wealth	wealth	NOUN
ftr-490	1220	16	that	that	PRON
ftr-490	1220	17	arises	arise	VERB
ftr-490	1220	18	in	in	ADP
ftr-490	1220	19	both	both	DET
ftr-490	1220	20	situations	situation	NOUN
ftr-490	1220	21	solely	solely	ADV
ftr-490	1220	22	because	because	SCONJ
ftr-490	1220	23	the	the	DET
ftr-490	1220	24	creditor	creditor	NOUN
ftr-490	1220	25	will	will	AUX
ftr-490	1220	26	not	not	PART
ftr-490	1220	27	,	,	PUNCT
ftr-490	1220	28	in	in	ADP
ftr-490	1220	29	fact	fact	NOUN
ftr-490	1220	30	,	,	PUNCT
ftr-490	1220	31	collect	collect	VERB
ftr-490	1220	32	the	the	DET
ftr-490	1220	33	entire	entire	ADJ
ftr-490	1220	34	loan	loan	NOUN
ftr-490	1220	35	amount	amount	NOUN
ftr-490	1220	36	previously	previously	ADV
ftr-490	1220	37	advanced	advanced	ADJ
ftr-490	1220	38	to	to	ADP
ftr-490	1220	39	the	the	DET
ftr-490	1220	40	debtor	debtor	NOUN
ftr-490	1220	41	and	and	CCONJ
ftr-490	1220	42	previously	previously	ADV
ftr-490	1220	43	excluded	exclude	VERB
ftr-490	1220	44	from	from	ADP
ftr-490	1220	45	gross	gross	ADJ
ftr-490	1220	46	income	income	NOUN
ftr-490	1220	47	for	for	ADP
ftr-490	1220	48	tax	tax	NOUN
ftr-490	1220	49	purposes	purpose	NOUN
ftr-490	1220	50	?	?	PUNCT
ftr-490	1221	1	moreover	moreover	ADV
ftr-490	1221	2	,	,	PUNCT
ftr-490	1221	3	why	why	SCONJ
ftr-490	1221	4	should	should	AUX
ftr-490	1221	5	the	the	DET
ftr-490	1221	6	voluntariness	voluntariness	NOUN
ftr-490	1221	7	or	or	CCONJ
ftr-490	1221	8	involuntariness	involuntariness	NOUN
ftr-490	1221	9	of	of	ADP
ftr-490	1221	10	the	the	DET
ftr-490	1221	11	creditor	creditor	NOUN
ftr-490	1221	12	's	's	PART
ftr-490	1221	13	actions	action	NOUN
ftr-490	1221	14	in	in	ADP
ftr-490	1221	15	foregoing	forego	VERB
ftr-490	1221	16	collection	collection	NOUN
ftr-490	1221	17	of	of	ADP
ftr-490	1221	18	the	the	DET
ftr-490	1221	19	deficiency	deficiency	NOUN
ftr-490	1221	20	affect	affect	VERB
ftr-490	1221	21	the	the	DET
ftr-490	1221	22	tax	tax	NOUN
ftr-490	1221	23	analysis	analysis	NOUN
ftr-490	1221	24	of	of	ADP
ftr-490	1221	25	the	the	DET
ftr-490	1221	26	conceded	conceded	ADJ
ftr-490	1221	27	accession	accession	NOUN
ftr-490	1221	28	to	to	ADP
ftr-490	1221	29	wealth	wealth	NOUN
ftr-490	1221	30	that	that	PRON
ftr-490	1221	31	arises	arise	VERB
ftr-490	1221	32	in	in	ADP
ftr-490	1221	33	both	both	DET
ftr-490	1221	34	situations	situation	NOUN
ftr-490	1221	35	solely	solely	ADV
ftr-490	1221	36	because	because	SCONJ
ftr-490	1221	37	the	the	DET
ftr-490	1221	38	creditor	creditor	NOUN
ftr-490	1221	39	will	will	AUX
ftr-490	1221	40	not	not	PART
ftr-490	1221	41	,	,	PUNCT
ftr-490	1221	42	in	in	ADP
ftr-490	1221	43	fact	fact	NOUN
ftr-490	1221	44	,	,	PUNCT
ftr-490	1221	45	collect	collect	VERB
ftr-490	1221	46	the	the	DET
ftr-490	1221	47	entire	entire	ADJ
ftr-490	1221	48	loan	loan	NOUN
ftr-490	1221	49	amount	amount	NOUN
ftr-490	1221	50	previously	previously	ADV
ftr-490	1221	51	excluded	exclude	VERB
ftr-490	1221	52	from	from	ADP
ftr-490	1221	53	gross	gross	ADJ
ftr-490	1221	54	income	income	NOUN
ftr-490	1221	55	for	for	ADP
ftr-490	1221	56	tax	tax	NOUN
ftr-490	1221	57	purposes	purpose	NOUN
ftr-490	1221	58	?	?	PUNCT
ftr-490	1222	1	professor	professor	PROPN
ftr-490	1222	2	kahn	kahn	PROPN
ftr-490	1222	3	implies	imply	VERB
ftr-490	1222	4	that	that	SCONJ
ftr-490	1222	5	if	if	SCONJ
ftr-490	1222	6	the	the	DET
ftr-490	1222	7	creditor	creditor	NOUN
ftr-490	1222	8	voluntarily	voluntarily	ADV
ftr-490	1222	9	chooses	choose	VERB
ftr-490	1222	10	to	to	PART
ftr-490	1222	11	"	"	PUNCT
ftr-490	1222	12	forgive	forgive	VERB
ftr-490	1222	13	"	"	PUNCT
ftr-490	1222	14	a	a	DET
ftr-490	1222	15	loan	loan	NOUN
ftr-490	1222	16	,	,	PUNCT
ftr-490	1222	17	the	the	DET
ftr-490	1222	18	debtor	debtor	NOUN
ftr-490	1222	19	realizes	realize	VERB
ftr-490	1222	20	cod	cod	NOUN
ftr-490	1222	21	income	income	NOUN
ftr-490	1222	22	but	but	CCONJ
ftr-490	1222	23	that	that	SCONJ
ftr-490	1222	24	if	if	SCONJ
ftr-490	1222	25	the	the	DET
ftr-490	1222	26	creditor	creditor	NOUN
ftr-490	1222	27	does	do	AUX
ftr-490	1222	28	not	not	PART
ftr-490	1222	29	voluntarily	voluntarily	ADV
ftr-490	1222	30	choose	choose	VERB
ftr-490	1222	31	to	to	PART
ftr-490	1222	32	"	"	PUNCT
ftr-490	1222	33	forgive	forgive	VERB
ftr-490	1222	34	"	"	PUNCT
ftr-490	1222	35	a	a	DET
ftr-490	1222	36	loan	loan	NOUN
ftr-490	1222	37	but	but	CCONJ
ftr-490	1222	38	rather	rather	ADV
ftr-490	1222	39	fails	fail	VERB
ftr-490	1222	40	to	to	PART
ftr-490	1222	41	collect	collect	VERB
ftr-490	1222	42	because	because	SCONJ
ftr-490	1222	43	of	of	ADP
ftr-490	1222	44	a	a	DET
ftr-490	1222	45	bilateral	bilateral	ADJ
ftr-490	1222	46	agreement	agreement	NOUN
ftr-490	1222	47	with	with	ADP
ftr-490	1222	48	the	the	DET
ftr-490	1222	49	debtor	debtor	NOUN
ftr-490	1222	50	,	,	PUNCT
ftr-490	1222	51	the	the	DET
ftr-490	1222	52	debtor	debtor	NOUN
ftr-490	1222	53	does	do	AUX
ftr-490	1222	54	not	not	PART
ftr-490	1222	55	realize	realize	VERB
ftr-490	1222	56	cod	cod	NOUN
ftr-490	1222	57	income	income	NOUN
ftr-490	1222	58	,	,	PUNCT
ftr-490	1222	59	so	so	SCONJ
ftr-490	1222	60	the	the	DET
ftr-490	1222	61	accession	accession	NOUN
ftr-490	1222	62	to	to	ADP
ftr-490	1222	63	wealth	wealth	NOUN
ftr-490	1222	64	is	be	AUX
ftr-490	1222	65	properly	properly	ADV
ftr-490	1222	66	analyzed	analyze	VERB
ftr-490	1222	67	as	as	SCONJ
ftr-490	1222	68	amount	amount	NOUN
ftr-490	1222	69	realized	realize	VERB
ftr-490	1222	70	.	.	PUNCT
ftr-490	1223	1	'66	'66	NUM
ftr-490	1223	2	this	this	DET
ftr-490	1223	3	reasoning	reasoning	NOUN
ftr-490	1223	4	ignores	ignore	VERB
ftr-490	1223	5	the	the	DET
ftr-490	1223	6	conceptual	conceptual	ADJ
ftr-490	1223	7	underpinnings	underpinning	NOUN
ftr-490	1223	8	for	for	ADP
ftr-490	1223	9	taxing	tax	VERB
ftr-490	1223	10	debtors	debtor	NOUN
ftr-490	1223	11	when	when	SCONJ
ftr-490	1223	12	they	they	PRON
ftr-490	1223	13	fail	fail	VERB
ftr-490	1223	14	to	to	PART
ftr-490	1223	15	repay	repay	VERB
ftr-490	1223	16	the	the	DET
ftr-490	1223	17	full	full	ADJ
ftr-490	1223	18	amount	amount	NOUN
ftr-490	1223	19	of	of	ADP
ftr-490	1223	20	previously	previously	ADV
ftr-490	1223	21	excluded	exclude	VERB
ftr-490	1223	22	loan	loan	NOUN
ftr-490	1223	23	proceeds	proceed	NOUN
ftr-490	1223	24	.	.	PUNCT
ftr-490	1224	1	while	while	SCONJ
ftr-490	1224	2	some	some	PRON
ftr-490	1224	3	do	do	AUX
ftr-490	1224	4	loosely	loosely	ADV
ftr-490	1224	5	refer	refer	VERB
ftr-490	1224	6	to	to	ADP
ftr-490	1224	7	income	income	NOUN
ftr-490	1224	8	arising	arise	VERB
ftr-490	1224	9	under	under	ADP
ftr-490	1224	10	section	section	NOUN
ftr-490	1224	11	61	61	NUM
ftr-490	1224	12	(	(	PUNCT
ftr-490	1224	13	a)(12	a)(12	PROPN
ftr-490	1224	14	)	)	PUNCT
ftr-490	1224	15	as	as	ADP
ftr-490	1224	16	"	"	PUNCT
ftr-490	1224	17	debt	debt	NOUN
ftr-490	1224	18	-	-	PUNCT
ftr-490	1224	19	forgiveness	forgiveness	NOUN
ftr-490	1224	20	income	income	NOUN
ftr-490	1224	21	,	,	PUNCT
ftr-490	1224	22	"	"	PUNCT
ftr-490	1224	23	the	the	DET
ftr-490	1224	24	conceptual	conceptual	ADJ
ftr-490	1224	25	underpinnings	underpinning	NOUN
ftr-490	1224	26	justifying	justify	VERB
ftr-490	1224	27	the	the	DET
ftr-490	1224	28	inclusion	inclusion	NOUN
ftr-490	1224	29	in	in	ADP
ftr-490	1224	30	gross	gross	ADJ
ftr-490	1224	31	income	income	NOUN
ftr-490	1224	32	under	under	ADP
ftr-490	1224	33	section	section	NOUN
ftr-490	1224	34	61(a)(12	61(a)(12	NUM
ftr-490	1224	35	)	)	PUNCT
ftr-490	1224	36	of	of	ADP
ftr-490	1224	37	recourse	recourse	NOUN
ftr-490	1224	38	debt	debt	NOUN
ftr-490	1224	39	that	that	PRON
ftr-490	1224	40	is	be	AUX
ftr-490	1224	41	not	not	PART
ftr-490	1224	42	fully	fully	ADV
ftr-490	1224	43	repaid	repay	VERB
ftr-490	1224	44	has	have	VERB
ftr-490	1224	45	nothing	nothing	PRON
ftr-490	1224	46	to	to	PART
ftr-490	1224	47	do	do	VERB
ftr-490	1224	48	with	with	ADP
ftr-490	1224	49	the	the	DET
ftr-490	1224	50	subjective	subjective	ADJ
ftr-490	1224	51	state	state	NOUN
ftr-490	1224	52	of	of	ADP
ftr-490	1224	53	mind	mind	NOUN
ftr-490	1224	54	of	of	ADP
ftr-490	1224	55	the	the	DET
ftr-490	1224	56	creditor	creditor	NOUN
ftr-490	1224	57	in	in	ADP
ftr-490	1224	58	failing	fail	VERB
ftr-490	1224	59	to	to	PART
ftr-490	1224	60	collect	collect	VERB
ftr-490	1224	61	the	the	DET
ftr-490	1224	62	entire	entire	ADJ
ftr-490	1224	63	amount	amount	NOUN
ftr-490	1224	64	of	of	ADP
ftr-490	1224	65	previously	previously	ADV
ftr-490	1224	66	advanced	advanced	ADJ
ftr-490	1224	67	(	(	PUNCT
ftr-490	1224	68	and	and	CCONJ
ftr-490	1224	69	untaxed	untaxe	VERB
ftr-490	1224	70	as	as	ADP
ftr-490	1224	71	ordinary	ordinary	ADJ
ftr-490	1224	72	income	income	NOUN
ftr-490	1224	73	)	)	PUNCT
ftr-490	1224	74	loan	loan	NOUN
ftr-490	1224	75	proceeds	proceed	NOUN
ftr-490	1224	76	.	.	PUNCT
ftr-490	1225	1	the	the	DET
ftr-490	1225	2	reason	reason	NOUN
ftr-490	1225	3	the	the	DET
ftr-490	1225	4	debtor	debtor	NOUN
ftr-490	1225	5	is	be	AUX
ftr-490	1225	6	taxed	tax	VERB
ftr-490	1225	7	under	under	ADP
ftr-490	1225	8	section	section	NOUN
ftr-490	1225	9	61(a)(12	61(a)(12	NUM
ftr-490	1225	10	)	)	PUNCT
ftr-490	1225	11	is	be	AUX
ftr-490	1225	12	simply	simply	ADV
ftr-490	1225	13	because	because	SCONJ
ftr-490	1225	14	of	of	ADP
ftr-490	1225	15	the	the	DET
ftr-490	1225	16	failure	failure	NOUN
ftr-490	1225	17	to	to	PART
ftr-490	1225	18	repay	repay	VERB
ftr-490	1225	19	with	with	ADP
ftr-490	1225	20	after	after	ADP
ftr-490	1225	21	-	-	PUNCT
ftr-490	1225	22	tax	tax	NOUN
ftr-490	1225	23	dollars	dollar	NOUN
ftr-490	1225	24	the	the	DET
ftr-490	1225	25	amount	amount	NOUN
ftr-490	1225	26	previously	previously	ADV
ftr-490	1225	27	received	receive	VERB
ftr-490	1225	28	from	from	ADP
ftr-490	1225	29	the	the	DET
ftr-490	1225	30	lender	lender	NOUN
ftr-490	1225	31	and	and	CCONJ
ftr-490	1225	32	excluded	exclude	VERB
ftr-490	1225	33	from	from	ADP
ftr-490	1225	34	gross	gross	ADJ
ftr-490	1225	35	income	income	NOUN
ftr-490	1225	36	solely	solely	ADV
ftr-490	1225	37	on	on	ADP
ftr-490	1225	38	the	the	DET
ftr-490	1225	39	assumption	assumption	NOUN
ftr-490	1225	40	that	that	SCONJ
ftr-490	1225	41	the	the	DET
ftr-490	1225	42	full	full	ADJ
ftr-490	1225	43	principal	principal	ADJ
ftr-490	1225	44	amount	amount	NOUN
ftr-490	1225	45	would	would	AUX
ftr-490	1225	46	,	,	PUNCT
ftr-490	1225	47	in	in	ADP
ftr-490	1225	48	fact	fact	NOUN
ftr-490	1225	49	,	,	PUNCT
ftr-490	1225	50	be	be	AUX
ftr-490	1225	51	repaid	repay	VERB
ftr-490	1225	52	with	with	ADP
ftr-490	1225	53	after	after	ADP
ftr-490	1225	54	-	-	PUNCT
ftr-490	1225	55	tax	tax	NOUN
ftr-490	1225	56	dollars	dollar	NOUN
ftr-490	1225	57	.	.	PUNCT
ftr-490	1226	1	the	the	DET
ftr-490	1226	2	proper	proper	ADJ
ftr-490	1226	3	perspective	perspective	NOUN
ftr-490	1226	4	for	for	ADP
ftr-490	1226	5	the	the	DET
ftr-490	1226	6	analysis	analysis	NOUN
ftr-490	1226	7	is	be	AUX
ftr-490	1226	8	from	from	ADP
ftr-490	1226	9	the	the	DET
ftr-490	1226	10	taxpayer	taxpayer	NOUN
ftr-490	1226	11	-	-	PUNCT
ftr-490	1226	12	debtor	debtor	NOUN
ftr-490	1226	13	's	's	PART
ftr-490	1226	14	point	point	NOUN
ftr-490	1226	15	of	of	ADP
ftr-490	1226	16	view	view	NOUN
ftr-490	1226	17	.	.	PUNCT
ftr-490	1227	1	thus	thus	ADV
ftr-490	1227	2	,	,	PUNCT
ftr-490	1227	3	the	the	DET
ftr-490	1227	4	absence	absence	NOUN
ftr-490	1227	5	of	of	ADP
ftr-490	1227	6	that	that	DET
ftr-490	1227	7	subjective	subjective	ADJ
ftr-490	1227	8	state	state	NOUN
ftr-490	1227	9	of	of	ADP
ftr-490	1227	10	mind	mind	NOUN
ftr-490	1227	11	on	on	ADP
ftr-490	1227	12	the	the	DET
ftr-490	1227	13	part	part	NOUN
ftr-490	1227	14	of	of	ADP
ftr-490	1227	15	the	the	DET
ftr-490	1227	16	creditor	creditor	NOUN
ftr-490	1227	17	to	to	PART
ftr-490	1227	18	"	"	PUNCT
ftr-490	1227	19	forgive	forgive	VERB
ftr-490	1227	20	"	"	PUNCT
ftr-490	1227	21	voluntarily	voluntarily	ADV
ftr-490	1227	22	the	the	DET
ftr-490	1227	23	debt	debt	NOUN
ftr-490	1227	24	in	in	ADP
ftr-490	1227	25	the	the	DET
ftr-490	1227	26	nonrecourse	nonrecourse	NOUN
ftr-490	1227	27	context	context	NOUN
ftr-490	1227	28	does	do	AUX
ftr-490	1227	29	not	not	PART
ftr-490	1227	30	justify	justify	VERB
ftr-490	1227	31	the	the	DET
ftr-490	1227	32	conclusion	conclusion	NOUN
ftr-490	1227	33	that	that	SCONJ
ftr-490	1227	34	the	the	DET
ftr-490	1227	35	accession	accession	NOUN
ftr-490	1227	36	to	to	ADP
ftr-490	1227	37	wealth	wealth	NOUN
ftr-490	1227	38	that	that	PRON
ftr-490	1227	39	arises	arise	VERB
ftr-490	1227	40	in	in	ADP
ftr-490	1227	41	the	the	DET
ftr-490	1227	42	nonrecourse	nonrecourse	NOUN
ftr-490	1227	43	context	context	NOUN
ftr-490	1227	44	should	should	AUX
ftr-490	1227	45	not	not	PART
ftr-490	1227	46	be	be	AUX
ftr-490	1227	47	analyzed	analyze	VERB
ftr-490	1227	48	as	as	ADP
ftr-490	1227	49	cod	cod	NOUN
ftr-490	1227	50	income	income	NOUN
ftr-490	1227	51	under	under	ADP
ftr-490	1227	52	section	section	NOUN
ftr-490	1227	53	61(a)(12	61(a)(12	NUM
ftr-490	1227	54	)	)	PUNCT
ftr-490	1227	55	.	.	PUNCT
ftr-490	1228	1	indeed	indeed	ADV
ftr-490	1228	2	,	,	PUNCT
ftr-490	1228	3	a	a	DET
ftr-490	1228	4	bilateral	bilateral	ADJ
ftr-490	1228	5	agree166	agree166	PROPN
ftr-490	1228	6	.	.	PUNCT
ftr-490	1229	1	the	the	DET
ftr-490	1229	2	very	very	ADJ
ftr-490	1229	3	evidence	evidence	NOUN
ftr-490	1229	4	professor	professor	NOUN
ftr-490	1229	5	kahn	kahn	PROPN
ftr-490	1229	6	seems	seem	VERB
ftr-490	1229	7	to	to	PART
ftr-490	1229	8	require	require	VERB
ftr-490	1229	9	to	to	PART
ftr-490	1229	10	create	create	VERB
ftr-490	1229	11	cod	cod	NOUN
ftr-490	1229	12	income	income	NOUN
ftr-490	1229	13	could	could	AUX
ftr-490	1229	14	result	result	VERB
ftr-490	1229	15	in	in	ADP
ftr-490	1229	16	its	its	PRON
ftr-490	1229	17	nontaxability	nontaxability	NOUN
ftr-490	1229	18	.	.	PUNCT
ftr-490	1230	1	if	if	SCONJ
ftr-490	1230	2	the	the	DET
ftr-490	1230	3	"	"	PUNCT
ftr-490	1230	4	forgiveness	forgiveness	NOUN
ftr-490	1230	5	"	"	PUNCT
ftr-490	1230	6	arises	arise	VERB
ftr-490	1230	7	out	out	ADP
ftr-490	1230	8	of	of	ADP
ftr-490	1230	9	"	"	PUNCT
ftr-490	1230	10	detached	detached	ADJ
ftr-490	1230	11	and	and	CCONJ
ftr-490	1230	12	disinterested	disinterested	ADJ
ftr-490	1230	13	generosity	generosity	NOUN
ftr-490	1230	14	,	,	PUNCT
ftr-490	1230	15	"	"	PUNCT
ftr-490	1230	16	commissioner	commissioner	NOUN
ftr-490	1230	17	v.	v.	PROPN
ftr-490	1230	18	duberstein	duberstein	PROPN
ftr-490	1230	19	,	,	PUNCT
ftr-490	1230	20	363	363	NUM
ftr-490	1230	21	u.s	u.s	PROPN
ftr-490	1230	22	.	.	PROPN
ftr-490	1230	23	278	278	NUM
ftr-490	1230	24	(	(	PUNCT
ftr-490	1230	25	1960	1960	NUM
ftr-490	1230	26	)	)	PUNCT
ftr-490	1230	27	,	,	PUNCT
ftr-490	1230	28	the	the	DET
ftr-490	1230	29	realized	realize	VERB
ftr-490	1230	30	cod	cod	NOUN
ftr-490	1230	31	income	income	NOUN
ftr-490	1230	32	could	could	AUX
ftr-490	1230	33	be	be	AUX
ftr-490	1230	34	excluded	exclude	VERB
ftr-490	1230	35	from	from	ADP
ftr-490	1230	36	gross	gross	ADJ
ftr-490	1230	37	income	income	NOUN
ftr-490	1230	38	as	as	ADP
ftr-490	1230	39	a	a	DET
ftr-490	1230	40	gift	gift	NOUN
ftr-490	1230	41	under	under	ADP
ftr-490	1230	42	section	section	NOUN
ftr-490	1230	43	102	102	NUM
ftr-490	1230	44	.	.	PUNCT
ftr-490	1231	1	[	[	X
ftr-490	1231	2	vol	vol	NOUN
ftr-490	1231	3	1:3	1:3	NUM
ftr-490	1231	4	tufts	tuft	NOUN
ftr-490	1231	5	and	and	CCONJ
ftr-490	1231	6	the	the	DET
ftr-490	1231	7	evohtion	evohtion	NOUN
ftr-490	1231	8	of	of	ADP
ftr-490	1231	9	debt	debt	NOUN
ftr-490	1231	10	-	-	PUNCT
ftr-490	1231	11	discharge	discharge	NOUN
ftr-490	1231	12	theory	theory	NOUN
ftr-490	1231	13	ment	ment	NOUN
ftr-490	1231	14	entered	enter	VERB
ftr-490	1231	15	into	into	ADP
ftr-490	1231	16	between	between	ADP
ftr-490	1231	17	the	the	DET
ftr-490	1231	18	debtor	debtor	NOUN
ftr-490	1231	19	and	and	CCONJ
ftr-490	1231	20	lender	lender	NOUN
ftr-490	1231	21	to	to	PART
ftr-490	1231	22	reduce	reduce	VERB
ftr-490	1231	23	nonrecourse	nonrecourse	NOUN
ftr-490	1231	24	debt	debt	NOUN
ftr-490	1231	25	after	after	SCONJ
ftr-490	1231	26	the	the	DET
ftr-490	1231	27	initial	initial	ADJ
ftr-490	1231	28	loan	loan	NOUN
ftr-490	1231	29	is	be	AUX
ftr-490	1231	30	incurred	incur	VERB
ftr-490	1231	31	will	will	AUX
ftr-490	1231	32	result	result	VERB
ftr-490	1231	33	in	in	ADP
ftr-490	1231	34	cod	cod	NOUN
ftr-490	1231	35	income	income	NOUN
ftr-490	1231	36	if	if	SCONJ
ftr-490	1231	37	the	the	DET
ftr-490	1231	38	collateral	collateral	NOUN
ftr-490	1231	39	is	be	AUX
ftr-490	1231	40	retained	retain	VERB
ftr-490	1231	41	t67	t67	NOUN
ftr-490	1231	42	nonrecourse	nonrecourse	NOUN
ftr-490	1231	43	debt	debt	NOUN
ftr-490	1231	44	simply	simply	ADV
ftr-490	1231	45	limits	limit	VERB
ftr-490	1231	46	the	the	DET
ftr-490	1231	47	creditor	creditor	NOUN
ftr-490	1231	48	's	's	PART
ftr-490	1231	49	ability	ability	NOUN
ftr-490	1231	50	to	to	PART
ftr-490	1231	51	pursue	pursue	VERB
ftr-490	1231	52	full	full	ADJ
ftr-490	1231	53	collection	collection	NOUN
ftr-490	1231	54	under	under	ADP
ftr-490	1231	55	commercial	commercial	ADJ
ftr-490	1231	56	law	law	NOUN
ftr-490	1231	57	of	of	ADP
ftr-490	1231	58	the	the	DET
ftr-490	1231	59	amount	amount	NOUN
ftr-490	1231	60	previously	previously	ADV
ftr-490	1231	61	received	receive	VERB
ftr-490	1231	62	untaxed	untaxe	VERB
ftr-490	1231	63	by	by	ADP
ftr-490	1231	64	the	the	DET
ftr-490	1231	65	debtor	debtor	NOUN
ftr-490	1231	66	-	-	PUNCT
ftr-490	1231	67	no	no	ADV
ftr-490	1231	68	more	more	ADJ
ftr-490	1231	69	.	.	PUNCT
ftr-490	1232	1	as	as	SCONJ
ftr-490	1232	2	justice	justice	NOUN
ftr-490	1232	3	blackmun	blackmun	NOUN
ftr-490	1232	4	emphasized	emphasize	VERB
ftr-490	1232	5	in	in	ADP
ftr-490	1232	6	tufts	tuft	NOUN
ftr-490	1232	7	itself	itself	PRON
ftr-490	1232	8	:	:	PUNCT
ftr-490	1232	9	the	the	DET
ftr-490	1232	10	only	only	ADJ
ftr-490	1232	11	difference	difference	NOUN
ftr-490	1232	12	between	between	ADP
ftr-490	1232	13	[	[	PUNCT
ftr-490	1232	14	a	a	DET
ftr-490	1232	15	nonrecoursel	nonrecoursel	ADJ
ftr-490	1232	16	mortgage	mortgage	NOUN
ftr-490	1232	17	and	and	CCONJ
ftr-490	1232	18	one	one	NUM
ftr-490	1232	19	on	on	ADP
ftr-490	1232	20	which	which	PRON
ftr-490	1232	21	the	the	DET
ftr-490	1232	22	borrower	borrower	NOUN
ftr-490	1232	23	is	be	AUX
ftr-490	1232	24	personally	personally	ADV
ftr-490	1232	25	liable	liable	ADJ
ftr-490	1232	26	is	be	AUX
ftr-490	1232	27	that	that	SCONJ
ftr-490	1232	28	the	the	DET
ftr-490	1232	29	mortgagee	mortgagee	PROPN
ftr-490	1232	30	's	's	PART
ftr-490	1232	31	remedy	remedy	NOUN
ftr-490	1232	32	is	be	AUX
ftr-490	1232	33	limited	limit	VERB
ftr-490	1232	34	to	to	ADP
ftr-490	1232	35	foreclosing	foreclose	VERB
ftr-490	1232	36	on	on	ADP
ftr-490	1232	37	the	the	DET
ftr-490	1232	38	securing	securing	NOUN
ftr-490	1232	39	property	property	NOUN
ftr-490	1232	40	.	.	PUNCT
ftr-490	1233	1	this	this	DET
ftr-490	1233	2	difference	difference	NOUN
ftr-490	1233	3	does	do	AUX
ftr-490	1233	4	not	not	PART
ftr-490	1233	5	alter	alter	VERB
ftr-490	1233	6	the	the	DET
ftr-490	1233	7	nature	nature	NOUN
ftr-490	1233	8	of	of	ADP
ftr-490	1233	9	the	the	DET
ftr-490	1233	10	obligation	obligation	NOUN
ftr-490	1233	11	;	;	PUNCT
ftr-490	1233	12	its	its	PRON
ftr-490	1233	13	only	only	ADJ
ftr-490	1233	14	effect	effect	NOUN
ftr-490	1233	15	is	be	AUX
ftr-490	1233	16	to	to	PART
ftr-490	1233	17	shift	shift	VERB
ftr-490	1233	18	from	from	ADP
ftr-490	1233	19	the	the	DET
ftr-490	1233	20	borrower	borrower	NOUN
ftr-490	1233	21	to	to	ADP
ftr-490	1233	22	the	the	DET
ftr-490	1233	23	lender	lender	NOUN
ftr-490	1233	24	any	any	DET
ftr-490	1233	25	potential	potential	ADJ
ftr-490	1233	26	loss	loss	NOUN
ftr-490	1233	27	caused	cause	VERB
ftr-490	1233	28	by	by	ADP
ftr-490	1233	29	devaluation	devaluation	NOUN
ftr-490	1233	30	of	of	ADP
ftr-490	1233	31	the	the	DET
ftr-490	1233	32	property	property	NOUN
ftr-490	1233	33	.	.	PUNCT
ftr-490	1234	1	if	if	SCONJ
ftr-490	1234	2	the	the	DET
ftr-490	1234	3	fair	fair	ADJ
ftr-490	1234	4	market	market	NOUN
ftr-490	1234	5	value	value	NOUN
ftr-490	1234	6	of	of	ADP
ftr-490	1234	7	the	the	DET
ftr-490	1234	8	property	property	NOUN
ftr-490	1234	9	falls	fall	VERB
ftr-490	1234	10	below	below	ADP
ftr-490	1234	11	the	the	DET
ftr-490	1234	12	amount	amount	NOUN
ftr-490	1234	13	of	of	ADP
ftr-490	1234	14	the	the	DET
ftr-490	1234	15	outstanding	outstanding	ADJ
ftr-490	1234	16	obligation	obligation	NOUN
ftr-490	1234	17	,	,	PUNCT
ftr-490	1234	18	the	the	DET
ftr-490	1234	19	mortgagee	mortgagee	NOUN
ftr-490	1234	20	's	's	PART
ftr-490	1234	21	ability	ability	NOUN
ftr-490	1234	22	to	to	PART
ftr-490	1234	23	protect	protect	VERB
ftr-490	1234	24	its	its	PRON
ftr-490	1234	25	interests	interest	NOUN
ftr-490	1234	26	is	be	AUX
ftr-490	1234	27	impaired	impair	VERB
ftr-490	1234	28	,	,	PUNCT
ftr-490	1234	29	for	for	ADP
ftr-490	1234	30	the	the	DET
ftr-490	1234	31	mortgagor	mortgagor	NOUN
ftr-490	1234	32	is	be	AUX
ftr-490	1234	33	free	free	ADJ
ftr-490	1234	34	to	to	PART
ftr-490	1234	35	abandon	abandon	VERB
ftr-490	1234	36	the	the	DET
ftr-490	1234	37	property	property	NOUN
ftr-490	1234	38	to	to	ADP
ftr-490	1234	39	the	the	DET
ftr-490	1234	40	mortgagee	mortgagee	NOUN
ftr-490	1234	41	and	and	CCONJ
ftr-490	1234	42	be	be	AUX
ftr-490	1234	43	relieved	relieve	VERB
ftr-490	1234	44	of	of	ADP
ftr-490	1234	45	his	his	PRON
ftr-490	1234	46	obligation	obligation	NOUN
ftr-490	1234	47	.	.	PUNCT
ftr-490	1235	1	this	this	PRON
ftr-490	1235	2	,	,	PUNCT
ftr-490	1235	3	however	however	ADV
ftr-490	1235	4	,	,	PUNCT
ftr-490	1235	5	does	do	AUX
ftr-490	1235	6	not	not	PART
ftr-490	1235	7	erase	erase	VERB
ftr-490	1235	8	the	the	DET
ftr-490	1235	9	fact	fact	NOUN
ftr-490	1235	10	that	that	SCONJ
ftr-490	1235	11	the	the	DET
ftr-490	1235	12	mortgagor	mortgagor	NOUN
ftr-490	1235	13	received	receive	VERB
ftr-490	1235	14	the	the	DET
ftr-490	1235	15	loan	loan	NOUN
ftr-490	1235	16	proceeds	proceed	VERB
ftr-490	1235	17	tax	tax	NOUN
ftr-490	1235	18	-	-	PUNCT
ftr-490	1235	19	free	free	ADJ
ftr-490	1235	20	and	and	CCONJ
ftr-490	1235	21	included	include	VERB
ftr-490	1235	22	them	they	PRON
ftr-490	1235	23	in	in	ADP
ftr-490	1235	24	his	his	PRON
ftr-490	1235	25	basis	basis	NOUN
ftr-490	1235	26	on	on	ADP
ftr-490	1235	27	the	the	DET
ftr-490	1235	28	understanding	understanding	NOUN
ftr-490	1235	29	that	that	PRON
ftr-490	1235	30	he	he	PRON
ftr-490	1235	31	had	have	VERB
ftr-490	1235	32	an	an	DET
ftr-490	1235	33	obligation	obligation	NOUN
ftr-490	1235	34	to	to	PART
ftr-490	1235	35	repay	repay	VERB
ftr-490	1235	36	the	the	DET
ftr-490	1235	37	full	full	ADJ
ftr-490	1235	38	amount	amount	NOUN
ftr-490	1235	39	.	.	PUNCT
ftr-490	1236	1	when	when	SCONJ
ftr-490	1236	2	the	the	DET
ftr-490	1236	3	obligation	obligation	NOUN
ftr-490	1236	4	is	be	AUX
ftr-490	1236	5	canceled	cancel	VERB
ftr-490	1236	6	,	,	PUNCT
ftr-490	1236	7	the	the	DET
ftr-490	1236	8	mortgagor	mortgagor	NOUN
ftr-490	1236	9	is	be	AUX
ftr-490	1236	10	relieved	relieve	VERB
ftr-490	1236	11	of	of	ADP
ftr-490	1236	12	his	his	PRON
ftr-490	1236	13	responsibility	responsibility	NOUN
ftr-490	1236	14	to	to	PART
ftr-490	1236	15	repay	repay	VERB
ftr-490	1236	16	the	the	DET
ftr-490	1236	17	sum	sum	NOUN
ftr-490	1236	18	he	he	PRON
ftr-490	1236	19	originally	originally	ADV
ftr-490	1236	20	received	receive	VERB
ftr-490	1236	21	and	and	CCONJ
ftr-490	1236	22	thus	thus	ADV
ftr-490	1236	23	realizes	realize	VERB
ftr-490	1236	24	value	value	NOUN
ftr-490	1236	25	to	to	ADP
ftr-490	1236	26	that	that	DET
ftr-490	1236	27	extent	extent	NOUN
ftr-490	1236	28	....	....	PUNCT
ftr-490	1237	1	68	68	NUM
ftr-490	1237	2	there	there	PRON
ftr-490	1237	3	is	be	VERB
ftr-490	1237	4	no	no	DET
ftr-490	1237	5	getting	get	VERB
ftr-490	1237	6	around	around	ADP
ftr-490	1237	7	the	the	DET
ftr-490	1237	8	fact	fact	NOUN
ftr-490	1237	9	that	that	SCONJ
ftr-490	1237	10	the	the	DET
ftr-490	1237	11	accession	accession	NOUN
ftr-490	1237	12	to	to	ADP
ftr-490	1237	13	wealth	wealth	NOUN
ftr-490	1237	14	for	for	ADP
ftr-490	1237	15	tax	tax	NOUN
ftr-490	1237	16	purposes	purpose	NOUN
ftr-490	1237	17	arises	arise	VERB
ftr-490	1237	18	solely	solely	ADV
ftr-490	1237	19	because	because	SCONJ
ftr-490	1237	20	of	of	ADP
ftr-490	1237	21	that	that	DET
ftr-490	1237	22	previous	previous	ADJ
ftr-490	1237	23	exclusion	exclusion	NOUN
ftr-490	1237	24	of	of	ADP
ftr-490	1237	25	loan	loan	NOUN
ftr-490	1237	26	proceeds	proceed	NOUN
ftr-490	1237	27	-	-	PUNCT
ftr-490	1237	28	the	the	DET
ftr-490	1237	29	very	very	ADJ
ftr-490	1237	30	heart	heart	NOUN
ftr-490	1237	31	of	of	ADP
ftr-490	1237	32	cod	cod	NOUN
ftr-490	1237	33	-	-	PUNCT
ftr-490	1237	34	income	income	NOUN
ftr-490	1237	35	theory	theory	NOUN
ftr-490	1237	36	-	-	PUNCT
ftr-490	1237	37	whether	whether	SCONJ
ftr-490	1237	38	or	or	CCONJ
ftr-490	1237	39	not	not	PART
ftr-490	1237	40	the	the	DET
ftr-490	1237	41	loan	loan	NOUN
ftr-490	1237	42	proceeds	proceed	NOUN
ftr-490	1237	43	were	be	AUX
ftr-490	1237	44	advanced	advanced	ADJ
ftr-490	1237	45	on	on	ADP
ftr-490	1237	46	terms	term	NOUN
ftr-490	1237	47	giving	give	VERB
ftr-490	1237	48	the	the	DET
ftr-490	1237	49	lender	lender	NOUN
ftr-490	1237	50	recourse	recourse	NOUN
ftr-490	1237	51	beyond	beyond	ADP
ftr-490	1237	52	the	the	DET
ftr-490	1237	53	value	value	NOUN
ftr-490	1237	54	of	of	ADP
ftr-490	1237	55	the	the	DET
ftr-490	1237	56	collateral	collateral	NOUN
ftr-490	1237	57	and	and	CCONJ
ftr-490	1237	58	whether	whether	SCONJ
ftr-490	1237	59	or	or	CCONJ
ftr-490	1237	60	not	not	PART
ftr-490	1237	61	the	the	DET
ftr-490	1237	62	occasion	occasion	NOUN
ftr-490	1237	63	for	for	ADP
ftr-490	1237	64	failure	failure	NOUN
ftr-490	1237	65	to	to	PART
ftr-490	1237	66	pay	pay	VERB
ftr-490	1237	67	the	the	DET
ftr-490	1237	68	entire	entire	ADJ
ftr-490	1237	69	nonrecourse	nonrecourse	NOUN
ftr-490	1237	70	indebtedness	indebtedness	NOUN
ftr-490	1237	71	is	be	AUX
ftr-490	1237	72	a	a	DET
ftr-490	1237	73	transfer	transfer	NOUN
ftr-490	1237	74	of	of	ADP
ftr-490	1237	75	the	the	DET
ftr-490	1237	76	collateral	collateral	NOUN
ftr-490	1237	77	(	(	PUNCT
ftr-490	1237	78	which	which	PRON
ftr-490	1237	79	produces	produce	VERB
ftr-490	1237	80	gain	gain	NOUN
ftr-490	1237	81	under	under	ADP
ftr-490	1237	82	current	current	ADJ
ftr-490	1237	83	law	law	NOUN
ftr-490	1237	84	)	)	PUNCT
ftr-490	1237	85	or	or	CCONJ
ftr-490	1237	86	a	a	DET
ftr-490	1237	87	bilateral	bilateral	ADJ
ftr-490	1237	88	modification	modification	NOUN
ftr-490	1237	89	of	of	ADP
ftr-490	1237	90	the	the	DET
ftr-490	1237	91	loan	loan	NOUN
ftr-490	1237	92	agreement	agreement	NOUN
ftr-490	1237	93	(	(	PUNCT
ftr-490	1237	94	which	which	PRON
ftr-490	1237	95	167	167	NUM
ftr-490	1237	96	.	.	PUNCT
ftr-490	1238	1	see	see	VERB
ftr-490	1238	2	supra	supra	PROPN
ftr-490	1238	3	notes	note	VERB
ftr-490	1238	4	132	132	NUM
ftr-490	1238	5	-	-	SYM
ftr-490	1238	6	36	36	NUM
ftr-490	1238	7	and	and	CCONJ
ftr-490	1238	8	accompanying	accompany	VERB
ftr-490	1238	9	text	text	NOUN
ftr-490	1238	10	discussing	discuss	VERB
ftr-490	1238	11	revenue	revenue	NOUN
ftr-490	1238	12	ruling	rule	VERB
ftr-490	1238	13	91	91	NUM
ftr-490	1238	14	-	-	SYM
ftr-490	1238	15	31	31	NUM
ftr-490	1238	16	,	,	PUNCT
ftr-490	1238	17	1991	1991	NUM
ftr-490	1238	18	-	-	SYM
ftr-490	1238	19	1	1	NUM
ftr-490	1238	20	c.b	c.b	PROPN
ftr-490	1238	21	.	.	PROPN
ftr-490	1238	22	19	19	NUM
ftr-490	1238	23	.	.	PUNCT
ftr-490	1239	1	professor	professor	PROPN
ftr-490	1239	2	kahn	kahn	PROPN
ftr-490	1239	3	's	's	PART
ftr-490	1239	4	implicit	implicit	ADJ
ftr-490	1239	5	argument	argument	NOUN
ftr-490	1239	6	-	-	PUNCT
ftr-490	1239	7	that	that	SCONJ
ftr-490	1239	8	in	in	ADP
ftr-490	1239	9	order	order	NOUN
ftr-490	1239	10	for	for	SCONJ
ftr-490	1239	11	a	a	DET
ftr-490	1239	12	debtor	debtor	NOUN
ftr-490	1239	13	to	to	PART
ftr-490	1239	14	realize	realize	VERB
ftr-490	1239	15	cod	cod	NOUN
ftr-490	1239	16	income	income	NOUN
ftr-490	1239	17	the	the	DET
ftr-490	1239	18	creditor	creditor	NOUN
ftr-490	1239	19	must	must	AUX
ftr-490	1239	20	"	"	PUNCT
ftr-490	1239	21	forgive	forgive	VERB
ftr-490	1239	22	"	"	PUNCT
ftr-490	1239	23	the	the	DET
ftr-490	1239	24	debt	debt	NOUN
ftr-490	1239	25	by	by	ADP
ftr-490	1239	26	"	"	PUNCT
ftr-490	1239	27	choos[ingl	choos[ingl	NOUN
ftr-490	1239	28	not	not	PART
ftr-490	1239	29	to	to	PART
ftr-490	1239	30	enforce	enforce	VERB
ftr-490	1239	31	his	his	PRON
ftr-490	1239	32	right	right	NOUN
ftr-490	1239	33	"	"	PUNCT
ftr-490	1239	34	to	to	PART
ftr-490	1239	35	collect	collect	VERB
ftr-490	1239	36	the	the	DET
ftr-490	1239	37	debt	debt	NOUN
ftr-490	1239	38	in	in	ADP
ftr-490	1239	39	full	full	ADJ
ftr-490	1239	40	--	--	PUNCT
ftr-490	1239	41	suffers	suffer	VERB
ftr-490	1239	42	from	from	ADP
ftr-490	1239	43	the	the	DET
ftr-490	1239	44	same	same	ADJ
ftr-490	1239	45	weakness	weakness	NOUN
ftr-490	1239	46	of	of	ADP
ftr-490	1239	47	looking	look	VERB
ftr-490	1239	48	to	to	ADP
ftr-490	1239	49	the	the	DET
ftr-490	1239	50	enforceability	enforceability	NOUN
ftr-490	1239	51	of	of	ADP
ftr-490	1239	52	the	the	DET
ftr-490	1239	53	debt	debt	NOUN
ftr-490	1239	54	that	that	PRON
ftr-490	1239	55	is	be	AUX
ftr-490	1239	56	found	find	VERB
ftr-490	1239	57	in	in	ADP
ftr-490	1239	58	the	the	DET
ftr-490	1239	59	zarin	zarin	PROPN
ftr-490	1239	60	and	and	CCONJ
ftr-490	1239	61	schlifke	schlifke	ADJ
ftr-490	1239	62	cases	case	NOUN
ftr-490	1239	63	.	.	PUNCT
ftr-490	1240	1	see	see	VERB
ftr-490	1240	2	supra	supra	PROPN
ftr-490	1240	3	notes	note	VERB
ftr-490	1240	4	114	114	NUM
ftr-490	1240	5	-	-	SYM
ftr-490	1240	6	15	15	NUM
ftr-490	1240	7	and	and	CCONJ
ftr-490	1240	8	accompanying	accompany	VERB
ftr-490	1240	9	text	text	NOUN
ftr-490	1240	10	;	;	PUNCT
ftr-490	1240	11	supra	supra	PROPN
ftr-490	1240	12	note	note	NOUN
ftr-490	1240	13	162	162	NUM
ftr-490	1240	14	and	and	CCONJ
ftr-490	1240	15	accompanying	accompany	VERB
ftr-490	1240	16	text	text	NOUN
ftr-490	1240	17	.	.	PUNCT
ftr-490	1241	1	discussion	discussion	NOUN
ftr-490	1241	2	infra	infra	NOUN
ftr-490	1241	3	note	note	VERB
ftr-490	1241	4	217	217	NUM
ftr-490	1241	5	.	.	PUNCT
ftr-490	1242	1	the	the	DET
ftr-490	1242	2	implicit	implicit	ADJ
ftr-490	1242	3	message	message	NOUN
ftr-490	1242	4	is	be	AUX
ftr-490	1242	5	that	that	SCONJ
ftr-490	1242	6	only	only	ADJ
ftr-490	1242	7	debt	debt	NOUN
ftr-490	1242	8	that	that	PRON
ftr-490	1242	9	is	be	AUX
ftr-490	1242	10	enforceable	enforceable	ADJ
ftr-490	1242	11	but	but	CCONJ
ftr-490	1242	12	that	that	PRON
ftr-490	1242	13	is	be	AUX
ftr-490	1242	14	not	not	PART
ftr-490	1242	15	in	in	ADP
ftr-490	1242	16	fact	fact	NOUN
ftr-490	1242	17	enforced	enforce	VERB
ftr-490	1242	18	by	by	ADP
ftr-490	1242	19	the	the	DET
ftr-490	1242	20	creditor	creditor	NOUN
ftr-490	1242	21	can	can	AUX
ftr-490	1242	22	result	result	VERB
ftr-490	1242	23	in	in	ADP
ftr-490	1242	24	cod	cod	NOUN
ftr-490	1242	25	income	income	NOUN
ftr-490	1242	26	when	when	SCONJ
ftr-490	1242	27	not	not	PART
ftr-490	1242	28	collected	collect	VERB
ftr-490	1242	29	in	in	ADP
ftr-490	1242	30	full	full	ADJ
ftr-490	1242	31	.	.	PUNCT
ftr-490	1243	1	that	that	DET
ftr-490	1243	2	reasoning	reasoning	NOUN
ftr-490	1243	3	simply	simply	ADV
ftr-490	1243	4	loses	lose	VERB
ftr-490	1243	5	sight	sight	NOUN
ftr-490	1243	6	of	of	ADP
ftr-490	1243	7	the	the	DET
ftr-490	1243	8	conceptual	conceptual	ADJ
ftr-490	1243	9	basis	basis	NOUN
ftr-490	1243	10	for	for	ADP
ftr-490	1243	11	taxing	tax	VERB
ftr-490	1243	12	cod	cod	NOUN
ftr-490	1243	13	income	income	NOUN
ftr-490	1243	14	in	in	ADP
ftr-490	1243	15	the	the	DET
ftr-490	1243	16	first	first	ADJ
ftr-490	1243	17	place	place	NOUN
ftr-490	1243	18	.	.	PUNCT
ftr-490	1244	1	168	168	NUM
ftr-490	1244	2	.	.	PUNCT
ftr-490	1245	1	tufts	tuft	NOUN
ftr-490	1245	2	v.	v.	ADP
ftr-490	1245	3	commissioner	commissioner	NOUN
ftr-490	1245	4	.	.	PUNCT
ftr-490	1246	1	461	461	NUM
ftr-490	1246	2	u.s	u.s	PROPN
ftr-490	1246	3	.	.	PROPN
ftr-490	1246	4	300	300	NUM
ftr-490	1246	5	.	.	PUNCT
ftr-490	1246	6	311	311	NUM
ftr-490	1246	7	-	-	SYM
ftr-490	1246	8	12	12	NUM
ftr-490	1246	9	(	(	PUNCT
ftr-490	1246	10	1983	1983	NUM
ftr-490	1246	11	)	)	PUNCT
ftr-490	1246	12	(	(	PUNCT
ftr-490	1246	13	citations	citation	NOUN
ftr-490	1246	14	omitted	omit	VERB
ftr-490	1246	15	)	)	PUNCT
ftr-490	1246	16	.	.	PUNCT
ftr-490	1247	1	19921	19921	NUM
ftr-490	1248	1	florida	florida	PROPN
ftr-490	1248	2	tax	tax	NOUN
ftr-490	1248	3	review	review	NOUN
ftr-490	1248	4	produces	produce	VERB
ftr-490	1248	5	cod	cod	NOUN
ftr-490	1248	6	income	income	NOUN
ftr-490	1248	7	under	under	ADP
ftr-490	1248	8	current	current	ADJ
ftr-490	1248	9	law	law	NOUN
ftr-490	1248	10	)	)	PUNCT
ftr-490	1248	11	.	.	PUNCT
ftr-490	1249	1	the	the	DET
ftr-490	1249	2	reason	reason	NOUN
ftr-490	1249	3	the	the	DET
ftr-490	1249	4	lender	lender	NOUN
ftr-490	1249	5	fails	fail	VERB
ftr-490	1249	6	to	to	PART
ftr-490	1249	7	collect	collect	VERB
ftr-490	1249	8	does	do	AUX
ftr-490	1249	9	not	not	PART
ftr-490	1249	10	affect	affect	VERB
ftr-490	1249	11	the	the	DET
ftr-490	1249	12	debtor	debtor	NOUN
ftr-490	1249	13	's	's	PART
ftr-490	1249	14	accession	accession	NOUN
ftr-490	1249	15	to	to	ADP
ftr-490	1249	16	wealth	wealth	NOUN
ftr-490	1249	17	for	for	ADP
ftr-490	1249	18	tax	tax	NOUN
ftr-490	1249	19	purposes	purpose	NOUN
ftr-490	1249	20	,	,	PUNCT
ftr-490	1249	21	and	and	CCONJ
ftr-490	1249	22	the	the	DET
ftr-490	1249	23	transfer	transfer	NOUN
ftr-490	1249	24	of	of	ADP
ftr-490	1249	25	the	the	DET
ftr-490	1249	26	collateral	collateral	NOUN
ftr-490	1249	27	is	be	AUX
ftr-490	1249	28	simply	simply	ADV
ftr-490	1249	29	the	the	DET
ftr-490	1249	30	event	event	NOUN
ftr-490	1249	31	that	that	PRON
ftr-490	1249	32	identifies	identify	VERB
ftr-490	1249	33	that	that	SCONJ
ftr-490	1249	34	the	the	DET
ftr-490	1249	35	remaining	remain	VERB
ftr-490	1249	36	indebtedness	indebtedness	NOUN
ftr-490	1249	37	will	will	AUX
ftr-490	1249	38	never	never	ADV
ftr-490	1249	39	be	be	AUX
ftr-490	1249	40	repaid	repay	VERB
ftr-490	1249	41	,	,	PUNCT
ftr-490	1249	42	thus	thus	ADV
ftr-490	1249	43	triggering	trigger	VERB
ftr-490	1249	44	the	the	DET
ftr-490	1249	45	realization	realization	NOUN
ftr-490	1249	46	of	of	ADP
ftr-490	1249	47	ordinary	ordinary	ADJ
ftr-490	1249	48	income	income	NOUN
ftr-490	1249	49	previously	previously	ADV
ftr-490	1249	50	deferred	defer	VERB
ftr-490	1249	51	on	on	ADP
ftr-490	1249	52	the	the	DET
ftr-490	1249	53	assumption	assumption	NOUN
ftr-490	1249	54	the	the	DET
ftr-490	1249	55	loan	loan	NOUN
ftr-490	1249	56	proceeds	proceed	NOUN
ftr-490	1249	57	previously	previously	ADV
ftr-490	1249	58	received	receive	VERB
ftr-490	1249	59	would	would	AUX
ftr-490	1249	60	be	be	AUX
ftr-490	1249	61	repaid	repay	VERB
ftr-490	1249	62	in	in	ADP
ftr-490	1249	63	full	full	ADJ
ftr-490	1249	64	.	.	PUNCT
ftr-490	1250	1	the	the	DET
ftr-490	1250	2	most	most	ADV
ftr-490	1250	3	fundamental	fundamental	ADJ
ftr-490	1250	4	problem	problem	NOUN
ftr-490	1250	5	with	with	ADP
ftr-490	1250	6	the	the	DET
ftr-490	1250	7	put	put	VERB
ftr-490	1250	8	-	-	PUNCT
ftr-490	1250	9	option	option	NOUN
ftr-490	1250	10	justification	justification	NOUN
ftr-490	1250	11	for	for	ADP
ftr-490	1250	12	the	the	DET
ftr-490	1250	13	collapsed	collapse	VERB
ftr-490	1250	14	approach	approach	NOUN
ftr-490	1250	15	,	,	PUNCT
ftr-490	1250	16	however	however	ADV
ftr-490	1250	17	,	,	PUNCT
ftr-490	1250	18	is	be	AUX
ftr-490	1250	19	that	that	SCONJ
ftr-490	1250	20	it	it	PRON
ftr-490	1250	21	is	be	AUX
ftr-490	1250	22	inconsistent	inconsistent	ADJ
ftr-490	1250	23	with	with	ADP
ftr-490	1250	24	treating	treat	VERB
ftr-490	1250	25	nonrecourse	nonrecourse	ADJ
ftr-490	1250	26	debt	debt	NOUN
ftr-490	1250	27	as	as	ADP
ftr-490	1250	28	"	"	PUNCT
ftr-490	1250	29	true	true	ADJ
ftr-490	1250	30	debt	debt	NOUN
ftr-490	1250	31	"	"	PUNCT
ftr-490	1250	32	in	in	ADP
ftr-490	1250	33	full	full	ADJ
ftr-490	1250	34	as	as	SCONJ
ftr-490	1250	35	does	do	VERB
ftr-490	1250	36	current	current	ADJ
ftr-490	1250	37	law	law	NOUN
ftr-490	1250	38	except	except	SCONJ
ftr-490	1250	39	in	in	ADP
ftr-490	1250	40	the	the	DET
ftr-490	1250	41	most	most	ADV
ftr-490	1250	42	abusive	abusive	ADJ
ftr-490	1250	43	of	of	ADP
ftr-490	1250	44	situations	situation	NOUN
ftr-490	1250	45	.	.	PUNCT
ftr-490	1250	46	'69	'69	X
ftr-490	1250	47	the	the	DET
ftr-490	1250	48	put	put	NOUN
ftr-490	1250	49	option	option	NOUN
ftr-490	1250	50	that	that	PRON
ftr-490	1250	51	is	be	AUX
ftr-490	1250	52	deemed	deem	VERB
ftr-490	1250	53	embedded	embed	VERB
ftr-490	1250	54	in	in	ADP
ftr-490	1250	55	all	all	DET
ftr-490	1250	56	nonrecourse	nonrecourse	NOUN
ftr-490	1250	57	debt	debt	NOUN
ftr-490	1250	58	under	under	ADP
ftr-490	1250	59	this	this	DET
ftr-490	1250	60	approach	approach	NOUN
ftr-490	1250	61	is	be	AUX
ftr-490	1250	62	never	never	ADV
ftr-490	1250	63	taxed	tax	VERB
ftr-490	1250	64	as	as	ADP
ftr-490	1250	65	an	an	DET
ftr-490	1250	66	option	option	NOUN
ftr-490	1250	67	during	during	ADP
ftr-490	1250	68	the	the	DET
ftr-490	1250	69	ownership	ownership	NOUN
ftr-490	1250	70	of	of	ADP
ftr-490	1250	71	the	the	DET
ftr-490	1250	72	property	property	NOUN
ftr-490	1250	73	.	.	PUNCT
ftr-490	1251	1	for	for	ADP
ftr-490	1251	2	example	example	NOUN
ftr-490	1251	3	,	,	PUNCT
ftr-490	1251	4	the	the	DET
ftr-490	1251	5	premium	premium	NOUN
ftr-490	1251	6	deemed	deem	VERB
ftr-490	1251	7	paid	pay	VERB
ftr-490	1251	8	for	for	ADP
ftr-490	1251	9	the	the	DET
ftr-490	1251	10	put	put	NOUN
ftr-490	1251	11	is	be	AUX
ftr-490	1251	12	never	never	ADV
ftr-490	1251	13	treated	treat	VERB
ftr-490	1251	14	as	as	ADP
ftr-490	1251	15	a	a	DET
ftr-490	1251	16	premium	premium	NOUN
ftr-490	1251	17	paid	pay	VERB
ftr-490	1251	18	for	for	ADP
ftr-490	1251	19	a	a	DET
ftr-490	1251	20	put	put	NOUN
ftr-490	1251	21	;	;	PUNCT
ftr-490	1251	22	it	it	PRON
ftr-490	1251	23	is	be	AUX
ftr-490	1251	24	treated	treat	VERB
ftr-490	1251	25	as	as	ADP
ftr-490	1251	26	additional	additional	ADJ
ftr-490	1251	27	interest.17	interest.17	NOUN
ftr-490	1251	28	°	°	ADP
ftr-490	1252	1	it	it	PRON
ftr-490	1252	2	is	be	AUX
ftr-490	1252	3	inconsistent	inconsistent	ADJ
ftr-490	1252	4	to	to	PART
ftr-490	1252	5	argue	argue	VERB
ftr-490	1252	6	on	on	ADP
ftr-490	1252	7	the	the	DET
ftr-490	1252	8	one	one	NUM
ftr-490	1252	9	hand	hand	NOUN
ftr-490	1252	10	that	that	PRON
ftr-490	1252	11	a	a	DET
ftr-490	1252	12	put	put	NOUN
ftr-490	1252	13	should	should	AUX
ftr-490	1252	14	be	be	AUX
ftr-490	1252	15	deemed	deem	VERB
ftr-490	1252	16	to	to	PART
ftr-490	1252	17	be	be	AUX
ftr-490	1252	18	a	a	DET
ftr-490	1252	19	part	part	NOUN
ftr-490	1252	20	of	of	ADP
ftr-490	1252	21	all	all	DET
ftr-490	1252	22	nonrecourse	nonrecourse	NOUN
ftr-490	1252	23	debt	debt	NOUN
ftr-490	1252	24	at	at	ADP
ftr-490	1252	25	the	the	DET
ftr-490	1252	26	time	time	NOUN
ftr-490	1252	27	the	the	DET
ftr-490	1252	28	property	property	NOUN
ftr-490	1252	29	is	be	AUX
ftr-490	1252	30	transferred	transfer	VERB
ftr-490	1252	31	in	in	ADP
ftr-490	1252	32	satisfaction	satisfaction	NOUN
ftr-490	1252	33	of	of	ADP
ftr-490	1252	34	a	a	DET
ftr-490	1252	35	debt	debt	NOUN
ftr-490	1252	36	exceeding	exceed	VERB
ftr-490	1252	37	the	the	DET
ftr-490	1252	38	property	property	NOUN
ftr-490	1252	39	's	's	PART
ftr-490	1252	40	value	value	NOUN
ftr-490	1252	41	(	(	PUNCT
ftr-490	1252	42	justifying	justify	VERB
ftr-490	1252	43	the	the	DET
ftr-490	1252	44	collapsed	collapse	VERB
ftr-490	1252	45	approach	approach	NOUN
ftr-490	1252	46	)	)	PUNCT
ftr-490	1252	47	but	but	CCONJ
ftr-490	1252	48	to	to	PART
ftr-490	1252	49	ignore	ignore	VERB
ftr-490	1252	50	the	the	DET
ftr-490	1252	51	put	put	NOUN
ftr-490	1252	52	on	on	ADP
ftr-490	1252	53	the	the	DET
ftr-490	1252	54	other	other	ADJ
ftr-490	1252	55	hand	hand	NOUN
ftr-490	1252	56	at	at	ADP
ftr-490	1252	57	all	all	DET
ftr-490	1252	58	other	other	ADJ
ftr-490	1252	59	times	time	NOUN
ftr-490	1252	60	during	during	ADP
ftr-490	1252	61	the	the	DET
ftr-490	1252	62	property	property	NOUN
ftr-490	1252	63	ownership	ownership	NOUN
ftr-490	1252	64	.	.	PUNCT
ftr-490	1253	1	7	7	NUM
ftr-490	1253	2	'	'	PUNCT
ftr-490	1253	3	that	that	DET
ftr-490	1253	4	conclusion	conclusion	NOUN
ftr-490	1253	5	,	,	PUNCT
ftr-490	1253	6	however	however	ADV
ftr-490	1253	7	,	,	PUNCT
ftr-490	1253	8	does	do	AUX
ftr-490	1253	9	not	not	PART
ftr-490	1253	10	mean	mean	VERB
ftr-490	1253	11	169	169	NUM
ftr-490	1253	12	.	.	PUNCT
ftr-490	1254	1	see	see	VERB
ftr-490	1254	2	supra	supra	ADJ
ftr-490	1254	3	text	text	NOUN
ftr-490	1254	4	accompanying	accompanying	ADJ
ftr-490	1254	5	note	note	NOUN
ftr-490	1254	6	25	25	NUM
ftr-490	1254	7	(	(	PUNCT
ftr-490	1254	8	quoting	quote	VERB
ftr-490	1254	9	justice	justice	NOUN
ftr-490	1254	10	blackmun	blackmun	NOUN
ftr-490	1254	11	as	as	ADP
ftr-490	1254	12	characterizing	characterize	VERB
ftr-490	1254	13	the	the	DET
ftr-490	1254	14	nonrecourse	nonrecourse	NOUN
ftr-490	1254	15	debt	debt	NOUN
ftr-490	1254	16	in	in	ADP
ftr-490	1254	17	tufts	tuft	NOUN
ftr-490	1254	18	as	as	ADP
ftr-490	1254	19	a	a	DET
ftr-490	1254	20	"	"	PUNCT
ftr-490	1254	21	true	true	ADJ
ftr-490	1254	22	loan	loan	NOUN
ftr-490	1254	23	"	"	PUNCT
ftr-490	1254	24	for	for	ADP
ftr-490	1254	25	tax	tax	NOUN
ftr-490	1254	26	purposes	purpose	NOUN
ftr-490	1254	27	)	)	PUNCT
ftr-490	1254	28	.	.	PUNCT
ftr-490	1255	1	while	while	SCONJ
ftr-490	1255	2	not	not	PART
ftr-490	1255	3	addressing	address	VERB
ftr-490	1255	4	in	in	ADP
ftr-490	1255	5	particular	particular	ADJ
ftr-490	1255	6	the	the	DET
ftr-490	1255	7	dichotomy	dichotomy	NOUN
ftr-490	1255	8	between	between	ADP
ftr-490	1255	9	the	the	DET
ftr-490	1255	10	bifurcated	bifurcated	ADJ
ftr-490	1255	11	and	and	CCONJ
ftr-490	1255	12	collapsed	collapse	VERB
ftr-490	1255	13	approaches	approach	NOUN
ftr-490	1255	14	in	in	ADP
ftr-490	1255	15	the	the	DET
ftr-490	1255	16	tufts	tuft	NOUN
ftr-490	1255	17	situation	situation	NOUN
ftr-490	1255	18	,	,	PUNCT
ftr-490	1255	19	professor	professor	NOUN
ftr-490	1255	20	shaviro	shaviro	NOUN
ftr-490	1255	21	argues	argue	VERB
ftr-490	1255	22	that	that	SCONJ
ftr-490	1255	23	"	"	PUNCT
ftr-490	1255	24	the	the	DET
ftr-490	1255	25	existing	exist	VERB
ftr-490	1255	26	nonrecourse	nonrecourse	NOUN
ftr-490	1255	27	debt	debt	NOUN
ftr-490	1255	28	rules	rule	NOUN
ftr-490	1255	29	involve	involve	VERB
ftr-490	1255	30	an	an	DET
ftr-490	1255	31	absurd	absurd	ADJ
ftr-490	1255	32	and	and	CCONJ
ftr-490	1255	33	unnecessary	unnecessary	ADJ
ftr-490	1255	34	level	level	NOUN
ftr-490	1255	35	of	of	ADP
ftr-490	1255	36	contradiction	contradiction	NOUN
ftr-490	1255	37	and	and	CCONJ
ftr-490	1255	38	complexity	complexity	NOUN
ftr-490	1255	39	.	.	PUNCT
ftr-490	1256	1	the	the	DET
ftr-490	1256	2	rules	rule	NOUN
ftr-490	1256	3	should	should	AUX
ftr-490	1256	4	be	be	AUX
ftr-490	1256	5	consolidated	consolidate	VERB
ftr-490	1256	6	and	and	CCONJ
ftr-490	1256	7	changed	change	VERB
ftr-490	1256	8	to	to	PART
ftr-490	1256	9	treat	treat	VERB
ftr-490	1256	10	nonrecourse	nonrecourse	NOUN
ftr-490	1256	11	debt	debt	NOUN
ftr-490	1256	12	somewhat	somewhat	ADV
ftr-490	1256	13	more	more	ADV
ftr-490	1256	14	like	like	ADP
ftr-490	1256	15	personal	personal	ADJ
ftr-490	1256	16	liability	liability	NOUN
ftr-490	1256	17	debt	debt	NOUN
ftr-490	1256	18	.	.	PUNCT
ftr-490	1256	19	"	"	PUNCT
ftr-490	1257	1	shaviro	shaviro	NOUN
ftr-490	1257	2	,	,	PUNCT
ftr-490	1257	3	supra	supra	NOUN
ftr-490	1257	4	note	note	NOUN
ftr-490	1257	5	9	9	NUM
ftr-490	1257	6	,	,	PUNCT
ftr-490	1257	7	at	at	ADP
ftr-490	1257	8	405	405	NUM
ftr-490	1257	9	.	.	PUNCT
ftr-490	1258	1	"	"	PUNCT
ftr-490	1258	2	[	[	X
ftr-490	1258	3	o]nly	o]nly	ADV
ftr-490	1258	4	the	the	DET
ftr-490	1258	5	overstatement	overstatement	NOUN
ftr-490	1258	6	of	of	ADP
ftr-490	1258	7	purchase	purchase	NOUN
ftr-490	1258	8	price	price	NOUN
ftr-490	1258	9	argument	argument	NOUN
ftr-490	1258	10	provides	provide	VERB
ftr-490	1258	11	a	a	DET
ftr-490	1258	12	convincing	convincing	ADJ
ftr-490	1258	13	ground	ground	NOUN
ftr-490	1258	14	for	for	ADP
ftr-490	1258	15	treating	treat	VERB
ftr-490	1258	16	nonrecourse	nonrecourse	NOUN
ftr-490	1258	17	debt	debt	NOUN
ftr-490	1258	18	differently	differently	ADV
ftr-490	1258	19	than	than	ADP
ftr-490	1258	20	personal	personal	ADJ
ftr-490	1258	21	liability	liability	NOUN
ftr-490	1258	22	debt	debt	NOUN
ftr-490	1258	23	.	.	PUNCT
ftr-490	1258	24	"	"	PUNCT
ftr-490	1259	1	i	i	PRON
ftr-490	1259	2	d.	d.	PROPN
ftr-490	1259	3	at	at	ADP
ftr-490	1259	4	432	432	NUM
ftr-490	1259	5	.	.	PUNCT
ftr-490	1260	1	professor	professor	NOUN
ftr-490	1260	2	shaviro	shaviro	NOUN
ftr-490	1260	3	is	be	AUX
ftr-490	1260	4	referring	refer	VERB
ftr-490	1260	5	to	to	ADP
ftr-490	1260	6	the	the	DET
ftr-490	1260	7	issue	issue	NOUN
ftr-490	1260	8	left	leave	VERB
ftr-490	1260	9	unanswered	unanswered	ADJ
ftr-490	1260	10	in	in	ADP
ftr-490	1260	11	the	the	DET
ftr-490	1260	12	tufts	tuft	NOUN
ftr-490	1260	13	case	case	NOUN
ftr-490	1260	14	itself	itself	PRON
ftr-490	1260	15	:	:	PUNCT
ftr-490	1260	16	what	what	PRON
ftr-490	1260	17	was	be	AUX
ftr-490	1260	18	the	the	DET
ftr-490	1260	19	purchaser	purchaser	NOUN
ftr-490	1260	20	's	's	PART
ftr-490	1260	21	basis	basis	NOUN
ftr-490	1260	22	?	?	PUNCT
ftr-490	1261	1	see	see	VERB
ftr-490	1261	2	jensen	jensen	PROPN
ftr-490	1261	3	i	i	PROPN
ftr-490	1261	4	,	,	PUNCT
ftr-490	1261	5	supra	supra	PROPN
ftr-490	1261	6	note	note	NOUN
ftr-490	1261	7	21	21	NUM
ftr-490	1261	8	.	.	PUNCT
ftr-490	1262	1	because	because	SCONJ
ftr-490	1262	2	acquisition	acquisition	NOUN
ftr-490	1262	3	nonrecourse	nonrecourse	NOUN
ftr-490	1262	4	liability	liability	NOUN
ftr-490	1262	5	is	be	AUX
ftr-490	1262	6	included	include	VERB
ftr-490	1262	7	in	in	ADP
ftr-490	1262	8	basis	basis	NOUN
ftr-490	1262	9	,	,	PUNCT
ftr-490	1262	10	the	the	DET
ftr-490	1262	11	potential	potential	NOUN
ftr-490	1262	12	for	for	ADP
ftr-490	1262	13	abuse	abuse	NOUN
ftr-490	1262	14	in	in	ADP
ftr-490	1262	15	overstating	overstate	VERB
ftr-490	1262	16	the	the	DET
ftr-490	1262	17	amount	amount	NOUN
ftr-490	1262	18	of	of	ADP
ftr-490	1262	19	acquisition	acquisition	NOUN
ftr-490	1262	20	nonrecourse	nonrecourse	NOUN
ftr-490	1262	21	indebtedness	indebtedness	NOUN
ftr-490	1262	22	can	can	AUX
ftr-490	1262	23	be	be	AUX
ftr-490	1262	24	a	a	DET
ftr-490	1262	25	problem	problem	NOUN
ftr-490	1262	26	.	.	PUNCT
ftr-490	1263	1	this	this	DET
ftr-490	1263	2	potential	potential	NOUN
ftr-490	1263	3	is	be	AUX
ftr-490	1263	4	greatest	great	ADJ
ftr-490	1263	5	in	in	ADP
ftr-490	1263	6	the	the	DET
ftr-490	1263	7	case	case	NOUN
ftr-490	1263	8	of	of	ADP
ftr-490	1263	9	sellerprovided	sellerprovide	VERB
ftr-490	1263	10	nonrecourse	nonrecourse	NOUN
ftr-490	1263	11	financing	financing	NOUN
ftr-490	1263	12	(	(	PUNCT
ftr-490	1263	13	as	as	SCONJ
ftr-490	1263	14	opposed	oppose	VERB
ftr-490	1263	15	to	to	ADP
ftr-490	1263	16	the	the	DET
ftr-490	1263	17	acquisition	acquisition	NOUN
ftr-490	1263	18	of	of	ADP
ftr-490	1263	19	property	property	NOUN
ftr-490	1263	20	subject	subject	NOUN
ftr-490	1263	21	to	to	ADP
ftr-490	1263	22	preexisting	preexist	VERB
ftr-490	1263	23	nonrecourse	nonrecourse	NOUN
ftr-490	1263	24	indebtedness	indebtedness	NOUN
ftr-490	1263	25	)	)	PUNCT
ftr-490	1263	26	.	.	PUNCT
ftr-490	1264	1	see	see	VERB
ftr-490	1264	2	generally	generally	ADV
ftr-490	1264	3	jensen	jensen	PROPN
ftr-490	1264	4	ii	ii	PROPN
ftr-490	1264	5	,	,	PUNCT
ftr-490	1264	6	supra	supra	PROPN
ftr-490	1264	7	note	note	PROPN
ftr-490	1264	8	41	41	NUM
ftr-490	1264	9	,	,	PUNCT
ftr-490	1264	10	at	at	ADP
ftr-490	1264	11	645	645	NUM
ftr-490	1264	12	-	-	SYM
ftr-490	1264	13	46	46	NUM
ftr-490	1264	14	(	(	PUNCT
ftr-490	1264	15	discussing	discuss	VERB
ftr-490	1264	16	these	these	DET
ftr-490	1264	17	different	different	ADJ
ftr-490	1264	18	abuse	abuse	NOUN
ftr-490	1264	19	potentials	potential	NOUN
ftr-490	1264	20	)	)	PUNCT
ftr-490	1264	21	;	;	PUNCT
ftr-490	1264	22	discussion	discussion	NOUN
ftr-490	1264	23	supra	supra	PROPN
ftr-490	1264	24	note	note	PROPN
ftr-490	1264	25	159	159	NUM
ftr-490	1264	26	(	(	PUNCT
ftr-490	1264	27	discussing	discuss	VERB
ftr-490	1264	28	the	the	DET
ftr-490	1264	29	estate	estate	NOUN
ftr-490	1264	30	of	of	ADP
ftr-490	1264	31	franklin	franklin	PROPN
ftr-490	1264	32	case	case	NOUN
ftr-490	1264	33	)	)	PUNCT
ftr-490	1264	34	;	;	PUNCT
ftr-490	1264	35	discussion	discussion	NOUN
ftr-490	1264	36	supra	supra	PROPN
ftr-490	1264	37	note	note	PROPN
ftr-490	1264	38	76	76	NUM
ftr-490	1264	39	(	(	PUNCT
ftr-490	1264	40	citing	cite	VERB
ftr-490	1264	41	and	and	CCONJ
ftr-490	1264	42	discussing	discuss	VERB
ftr-490	1264	43	the	the	DET
ftr-490	1264	44	pertinent	pertinent	ADJ
ftr-490	1264	45	regulation	regulation	NOUN
ftr-490	1264	46	)	)	PUNCT
ftr-490	1264	47	.	.	PUNCT
ftr-490	1265	1	however	however	ADV
ftr-490	1265	2	,	,	PUNCT
ftr-490	1265	3	once	once	SCONJ
ftr-490	1265	4	the	the	DET
ftr-490	1265	5	purchaser	purchaser	NOUN
ftr-490	1265	6	's	's	PART
ftr-490	1265	7	appropriate	appropriate	ADJ
ftr-490	1265	8	cost	cost	NOUN
ftr-490	1265	9	basis	basis	NOUN
ftr-490	1265	10	is	be	AUX
ftr-490	1265	11	determined	determine	VERB
ftr-490	1265	12	under	under	ADP
ftr-490	1265	13	the	the	DET
ftr-490	1265	14	analysis	analysis	NOUN
ftr-490	1265	15	set	set	VERB
ftr-490	1265	16	forth	forth	ADV
ftr-490	1265	17	in	in	ADP
ftr-490	1265	18	professor	professor	PROPN
ftr-490	1265	19	jensen	jensen	PROPN
ftr-490	1265	20	's	's	PART
ftr-490	1265	21	article	article	NOUN
ftr-490	1265	22	(	(	PUNCT
ftr-490	1265	23	i.e.	i.e.	X
ftr-490	1265	24	,	,	PUNCT
ftr-490	1265	25	once	once	SCONJ
ftr-490	1265	26	it	it	PRON
ftr-490	1265	27	is	be	AUX
ftr-490	1265	28	determined	determine	VERB
ftr-490	1265	29	whether	whether	SCONJ
ftr-490	1265	30	to	to	PART
ftr-490	1265	31	respect	respect	VERB
ftr-490	1265	32	the	the	DET
ftr-490	1265	33	debt	debt	NOUN
ftr-490	1265	34	as	as	ADP
ftr-490	1265	35	"	"	PUNCT
ftr-490	1265	36	true	true	ADJ
ftr-490	1265	37	debt	debt	NOUN
ftr-490	1265	38	"	"	PUNCT
ftr-490	1265	39	)	)	PUNCT
ftr-490	1265	40	,	,	PUNCT
ftr-490	1265	41	the	the	DET
ftr-490	1265	42	tax	tax	NOUN
ftr-490	1265	43	consequences	consequence	NOUN
ftr-490	1265	44	on	on	ADP
ftr-490	1265	45	disposition	disposition	NOUN
ftr-490	1265	46	of	of	ADP
ftr-490	1265	47	the	the	DET
ftr-490	1265	48	property	property	NOUN
ftr-490	1265	49	should	should	AUX
ftr-490	1265	50	not	not	PART
ftr-490	1265	51	differ	differ	VERB
ftr-490	1265	52	depending	depend	VERB
ftr-490	1265	53	on	on	ADP
ftr-490	1265	54	whether	whether	SCONJ
ftr-490	1265	55	that	that	DET
ftr-490	1265	56	debt	debt	NOUN
ftr-490	1265	57	is	be	AUX
ftr-490	1265	58	labelled	label	VERB
ftr-490	1265	59	recourse	recourse	NOUN
ftr-490	1265	60	or	or	CCONJ
ftr-490	1265	61	nonrecourse	nonrecourse	NOUN
ftr-490	1265	62	.	.	PUNCT
ftr-490	1266	1	170	170	NUM
ftr-490	1266	2	.	.	PUNCT
ftr-490	1267	1	see	see	VERB
ftr-490	1267	2	generally	generally	ADV
ftr-490	1267	3	beer	beer	NOUN
ftr-490	1267	4	,	,	PUNCT
ftr-490	1267	5	supra	supra	PROPN
ftr-490	1267	6	note	note	PROPN
ftr-490	1267	7	160	160	NUM
ftr-490	1267	8	;	;	PUNCT
ftr-490	1267	9	willis	willis	PROPN
ftr-490	1267	10	ii	ii	PROPN
ftr-490	1267	11	,	,	PUNCT
ftr-490	1268	1	supra	supra	PROPN
ftr-490	1268	2	note	note	NOUN
ftr-490	1268	3	101	101	NUM
ftr-490	1268	4	(	(	PUNCT
ftr-490	1268	5	both	both	PRON
ftr-490	1268	6	describing	describe	VERB
ftr-490	1268	7	what	what	PRON
ftr-490	1268	8	the	the	DET
ftr-490	1268	9	authors	author	NOUN
ftr-490	1268	10	conclude	conclude	VERB
ftr-490	1268	11	should	should	AUX
ftr-490	1268	12	be	be	AUX
ftr-490	1268	13	the	the	DET
ftr-490	1268	14	appropriate	appropriate	ADJ
ftr-490	1268	15	tax	tax	NOUN
ftr-490	1268	16	consequences	consequence	NOUN
ftr-490	1268	17	under	under	ADP
ftr-490	1268	18	the	the	DET
ftr-490	1268	19	option	option	NOUN
ftr-490	1268	20	rules	rule	NOUN
ftr-490	1268	21	if	if	SCONJ
ftr-490	1268	22	the	the	DET
ftr-490	1268	23	put	put	NOUN
ftr-490	1268	24	option	option	NOUN
ftr-490	1268	25	is	be	AUX
ftr-490	1268	26	recognized	recognize	VERB
ftr-490	1268	27	and	and	CCONJ
ftr-490	1268	28	given	give	VERB
ftr-490	1268	29	effect	effect	NOUN
ftr-490	1268	30	during	during	ADP
ftr-490	1268	31	the	the	DET
ftr-490	1268	32	ownership	ownership	NOUN
ftr-490	1268	33	period	period	NOUN
ftr-490	1268	34	)	)	PUNCT
ftr-490	1268	35	.	.	PUNCT
ftr-490	1269	1	171	171	NUM
ftr-490	1269	2	.	.	PUNCT
ftr-490	1270	1	the	the	DET
ftr-490	1270	2	put	put	VERB
ftr-490	1270	3	-	-	PUNCT
ftr-490	1270	4	option	option	NOUN
ftr-490	1270	5	argument	argument	NOUN
ftr-490	1270	6	is	be	AUX
ftr-490	1270	7	less	less	ADV
ftr-490	1270	8	extreme	extreme	ADJ
ftr-490	1270	9	than	than	ADP
ftr-490	1270	10	some	some	DET
ftr-490	1270	11	other	other	ADJ
ftr-490	1270	12	views	view	NOUN
ftr-490	1270	13	of	of	ADP
ftr-490	1270	14	nonrecourse	nonrecourse	ADJ
ftr-490	1270	15	debt	debt	NOUN
ftr-490	1270	16	because	because	SCONJ
ftr-490	1270	17	it	it	PRON
ftr-490	1270	18	recognizes	recognize	VERB
ftr-490	1270	19	the	the	DET
ftr-490	1270	20	debt	debt	NOUN
ftr-490	1270	21	as	as	ADP
ftr-490	1270	22	true	true	ADJ
ftr-490	1270	23	debt	debt	NOUN
ftr-490	1270	24	to	to	ADP
ftr-490	1270	25	a	a	DET
ftr-490	1270	26	great	great	ADJ
ftr-490	1270	27	extent	extent	NOUN
ftr-490	1270	28	.	.	PUNCT
ftr-490	1271	1	it	it	PRON
ftr-490	1271	2	simply	simply	ADV
ftr-490	1271	3	adds	add	VERB
ftr-490	1271	4	the	the	DET
ftr-490	1271	5	put	put	NOUN
ftr-490	1271	6	option	option	NOUN
ftr-490	1271	7	to	to	ADP
ftr-490	1271	8	the	the	DET
ftr-490	1271	9	deal	deal	NOUN
ftr-490	1271	10	.	.	PUNCT
ftr-490	1272	1	other	other	ADJ
ftr-490	1272	2	arguments	argument	NOUN
ftr-490	1272	3	that	that	PRON
ftr-490	1272	4	are	be	AUX
ftr-490	1272	5	also	also	ADV
ftr-490	1272	6	far	far	ADV
ftr-490	1272	7	from	from	ADP
ftr-490	1272	8	absurd	absurd	ADJ
ftr-490	1272	9	can	can	AUX
ftr-490	1272	10	be	be	AUX
ftr-490	1272	11	made	make	VERB
ftr-490	1272	12	that	that	SCONJ
ftr-490	1272	13	nonrecourse	nonrecourse	ADJ
ftr-490	1272	14	debt	debt	NOUN
ftr-490	1272	15	should	should	AUX
ftr-490	1272	16	not	not	PART
ftr-490	1272	17	be	be	AUX
ftr-490	1272	18	treated	treat	VERB
ftr-490	1272	19	as	as	ADP
ftr-490	1272	20	debt	debt	NOUN
ftr-490	1272	21	to	to	ADP
ftr-490	1272	22	any	any	DET
ftr-490	1272	23	extent	extent	NOUN
ftr-490	1272	24	.	.	PUNCT
ftr-490	1273	1	one	one	PRON
ftr-490	1273	2	can	can	AUX
ftr-490	1273	3	argue	argue	VERB
ftr-490	1273	4	that	that	SCONJ
ftr-490	1273	5	nonrecourse	nonrecourse	NOUN
ftr-490	1273	6	debt	debt	NOUN
ftr-490	1273	7	is	be	AUX
ftr-490	1273	8	nothing	nothing	PRON
ftr-490	1273	9	more	more	ADJ
ftr-490	1273	10	than	than	ADP
ftr-490	1273	11	an	an	DET
ftr-490	1273	12	opportunity	opportunity	NOUN
ftr-490	1273	13	to	to	PART
ftr-490	1273	14	purchase	purchase	VERB
ftr-490	1273	15	the	the	DET
ftr-490	1273	16	property	property	NOUN
ftr-490	1273	17	securing	secure	VERB
ftr-490	1273	18	the	the	DET
ftr-490	1273	19	debt	debt	NOUN
ftr-490	1273	20	.	.	PUNCT
ftr-490	1274	1	see	see	VERB
ftr-490	1274	2	discussion	discussion	NOUN
ftr-490	1274	3	supra	supra	PROPN
ftr-490	1274	4	note	note	NOUN
ftr-490	1275	1	[	[	X
ftr-490	1275	2	vol	vol	NOUN
ftr-490	1275	3	1:3	1:3	NUM
ftr-490	1275	4	tufts	tuft	NOUN
ftr-490	1275	5	and	and	CCONJ
ftr-490	1275	6	tire	tire	NOUN
ftr-490	1275	7	evolution	evolution	NOUN
ftr-490	1275	8	of	of	ADP
ftr-490	1275	9	debt	debt	NOUN
ftr-490	1275	10	-	-	PUNCT
ftr-490	1275	11	discharge	discharge	NOUN
ftr-490	1275	12	theory	theory	NOUN
ftr-490	1275	13	that	that	SCONJ
ftr-490	1275	14	a	a	DET
ftr-490	1275	15	put	put	NOUN
ftr-490	1275	16	option	option	NOUN
ftr-490	1275	17	should	should	AUX
ftr-490	1275	18	,	,	PUNCT
ftr-490	1275	19	in	in	ADP
ftr-490	1275	20	fact	fact	NOUN
ftr-490	1275	21	,	,	PUNCT
ftr-490	1275	22	be	be	AUX
ftr-490	1275	23	given	give	VERB
ftr-490	1275	24	credence	credence	NOUN
ftr-490	1275	25	during	during	ADP
ftr-490	1275	26	the	the	DET
ftr-490	1275	27	owner	owner	NOUN
ftr-490	1275	28	-	-	PUNCT
ftr-490	1275	29	ship	ship	NOUN
ftr-490	1275	30	period	period	NOUN
ftr-490	1275	31	as	as	ADV
ftr-490	1275	32	well	well	ADV
ftr-490	1275	33	.	.	PUNCT
ftr-490	1276	1	as	as	SCONJ
ftr-490	1276	2	professor	professor	PROPN
ftr-490	1276	3	willis	willis	PROPN
ftr-490	1276	4	has	have	AUX
ftr-490	1276	5	persuasively	persuasively	ADV
ftr-490	1276	6	illustrated	illustrate	VERB
ftr-490	1276	7	,	,	PUNCT
ftr-490	1276	8	the	the	DET
ftr-490	1276	9	put	put	NOUN
ftr-490	1276	10	option	option	NOUN
ftr-490	1276	11	some	some	DET
ftr-490	1276	12	deem	deem	NOUN
ftr-490	1276	13	embedded	embed	VERB
ftr-490	1276	14	in	in	ADP
ftr-490	1276	15	all	all	DET
ftr-490	1276	16	nonrecourse	nonrecourse	NOUN
ftr-490	1276	17	debt	debt	NOUN
ftr-490	1276	18	is	be	AUX
ftr-490	1276	19	really	really	ADV
ftr-490	1276	20	nothing	nothing	PRON
ftr-490	1276	21	more	more	ADJ
ftr-490	1276	22	than	than	ADP
ftr-490	1276	23	a	a	DET
ftr-490	1276	24	risk	risk	NOUN
ftr-490	1276	25	premium	premium	NOUN
ftr-490	1276	26	-	-	PUNCT
ftr-490	1276	27	a	a	DET
ftr-490	1276	28	premium	premium	NOUN
ftr-490	1276	29	paid	pay	VERB
ftr-490	1276	30	to	to	ADP
ftr-490	1276	31	the	the	DET
ftr-490	1276	32	lender	lender	NOUN
ftr-490	1276	33	for	for	ADP
ftr-490	1276	34	agreeing	agree	VERB
ftr-490	1276	35	to	to	PART
ftr-490	1276	36	shoulder	shoulder	VERB
ftr-490	1276	37	the	the	DET
ftr-490	1276	38	downside	downside	ADJ
ftr-490	1276	39	risk	risk	NOUN
ftr-490	1276	40	that	that	SCONJ
ftr-490	1276	41	the	the	DET
ftr-490	1276	42	collateral	collateral	NOUN
ftr-490	1276	43	will	will	AUX
ftr-490	1276	44	lose	lose	VERB
ftr-490	1276	45	value	value	NOUN
ftr-490	1276	46	-	-	PUNCT
ftr-490	1276	47	and	and	CCONJ
ftr-490	1276	48	risk	risk	NOUN
ftr-490	1276	49	premiums	premium	NOUN
ftr-490	1276	50	are	be	AUX
ftr-490	1276	51	not	not	PART
ftr-490	1276	52	similarly	similarly	ADV
ftr-490	1276	53	segregated	segregate	VERB
ftr-490	1276	54	from	from	ADP
ftr-490	1276	55	recourse	recourse	NOUN
ftr-490	1276	56	debt	debt	NOUN
ftr-490	1276	57	and	and	CCONJ
ftr-490	1276	58	treated	treat	VERB
ftr-490	1276	59	as	as	ADP
ftr-490	1276	60	a	a	DET
ftr-490	1276	61	put	put	NOUN
ftr-490	1276	62	option	option	NOUN
ftr-490	1276	63	,	,	PUNCT
ftr-490	1276	64	requiring	require	VERB
ftr-490	1276	65	application	application	NOUN
ftr-490	1276	66	of	of	ADP
ftr-490	1276	67	the	the	DET
ftr-490	1276	68	collapsed	collapse	VERB
ftr-490	1276	69	approach	approach	NOUN
ftr-490	1276	70	on	on	ADP
ftr-490	1276	71	transfer	transfer	NOUN
ftr-490	1276	72	of	of	ADP
ftr-490	1276	73	the	the	DET
ftr-490	1276	74	collateral	collateral	NOUN
ftr-490	1276	75	.	.	PUNCT
ftr-490	1276	76	"	"	PUNCT
ftr-490	1277	1	while	while	SCONJ
ftr-490	1277	2	clearly	clearly	ADV
ftr-490	1277	3	not	not	PART
ftr-490	1277	4	absurd	absurd	ADJ
ftr-490	1277	5	if	if	SCONJ
ftr-490	1277	6	viewed	view	VERB
ftr-490	1277	7	in	in	ADP
ftr-490	1277	8	isolation	isolation	NOUN
ftr-490	1277	9	of	of	ADP
ftr-490	1277	10	other	other	ADJ
ftr-490	1277	11	rules	rule	NOUN
ftr-490	1277	12	considered	consider	VERB
ftr-490	1277	13	in	in	ADP
ftr-490	1277	14	this	this	DET
ftr-490	1277	15	article,'73	article,'73	PROPN
ftr-490	1277	16	the	the	DET
ftr-490	1277	17	put	put	VERB
ftr-490	1277	18	-	-	PUNCT
ftr-490	1277	19	option	option	NOUN
ftr-490	1277	20	justification	justification	NOUN
ftr-490	1277	21	for	for	ADP
ftr-490	1277	22	the	the	DET
ftr-490	1277	23	collapsed	collapse	VERB
ftr-490	1277	24	approach	approach	NOUN
ftr-490	1277	25	does	do	AUX
ftr-490	1277	26	not	not	PART
ftr-490	1277	27	have	have	VERB
ftr-490	1277	28	such	such	ADJ
ftr-490	1277	29	strong	strong	ADJ
ftr-490	1277	30	conceptual	conceptual	ADJ
ftr-490	1277	31	force	force	NOUN
ftr-490	1277	32	that	that	PRON
ftr-490	1277	33	the	the	DET
ftr-490	1277	34	discontinuities	discontinuity	NOUN
ftr-490	1277	35	described	describe	VERB
ftr-490	1277	36	above	above	ADV
ftr-490	1277	37	in	in	ADP
ftr-490	1277	38	subsection	subsection	NOUN
ftr-490	1277	39	c	c	PROPN
ftr-490	1277	40	(	(	PUNCT
ftr-490	1277	41	which	which	PRON
ftr-490	1277	42	arise	arise	VERB
ftr-490	1277	43	solely	solely	ADV
ftr-490	1277	44	because	because	SCONJ
ftr-490	1277	45	of	of	ADP
ftr-490	1277	46	the	the	DET
ftr-490	1277	47	collapsed	collapse	VERB
ftr-490	1277	48	approach	approach	NOUN
ftr-490	1277	49	)	)	PUNCT
ftr-490	1277	50	should	should	AUX
ftr-490	1277	51	be	be	AUX
ftr-490	1277	52	tolerated	tolerate	VERB
ftr-490	1277	53	with	with	ADP
ftr-490	1277	54	an	an	DET
ftr-490	1277	55	easy	easy	ADJ
ftr-490	1277	56	mind	mind	NOUN
ftr-490	1277	57	.	.	PUNCT
ftr-490	1278	1	the	the	DET
ftr-490	1278	2	mind	mind	NOUN
ftr-490	1278	3	becomes	become	VERB
ftr-490	1278	4	more	more	ADV
ftr-490	1278	5	uneasy	uneasy	ADJ
ftr-490	1278	6	yet	yet	ADV
ftr-490	1278	7	when	when	SCONJ
ftr-490	1278	8	the	the	DET
ftr-490	1278	9	collapsed	collapsed	ADJ
ftr-490	1278	10	approach	approach	NOUN
ftr-490	1278	11	is	be	AUX
ftr-490	1278	12	considered	consider	VERB
ftr-490	1278	13	in	in	ADP
ftr-490	1278	14	the	the	DET
ftr-490	1278	15	context	context	NOUN
ftr-490	1278	16	of	of	ADP
ftr-490	1278	17	personal	personal	ADJ
ftr-490	1278	18	-	-	PUNCT
ftr-490	1278	19	use	use	NOUN
ftr-490	1278	20	property	property	NOUN
ftr-490	1278	21	,	,	PUNCT
ftr-490	1278	22	discussed	discuss	VERB
ftr-490	1278	23	in	in	ADP
ftr-490	1278	24	part	part	NOUN
ftr-490	1278	25	iv	iv	NUM
ftr-490	1278	26	.	.	PUNCT
ftr-490	1278	27	iv	iv	X
ftr-490	1278	28	.	.	PUNCT
ftr-490	1279	1	personal	personal	ADJ
ftr-490	1279	2	-	-	PUNCT
ftr-490	1279	3	use	use	NOUN
ftr-490	1279	4	property	property	NOUN
ftr-490	1279	5	:	:	PUNCT
ftr-490	1279	6	providing	provide	VERB
ftr-490	1279	7	the	the	DET
ftr-490	1279	8	answer	answer	NOUN
ftr-490	1279	9	it	it	PRON
ftr-490	1279	10	is	be	AUX
ftr-490	1279	11	time	time	NOUN
ftr-490	1279	12	to	to	PART
ftr-490	1279	13	return	return	VERB
ftr-490	1279	14	to	to	ADP
ftr-490	1279	15	the	the	DET
ftr-490	1279	16	facts	fact	NOUN
ftr-490	1279	17	of	of	ADP
ftr-490	1279	18	the	the	DET
ftr-490	1279	19	technical	technical	ADJ
ftr-490	1279	20	advice	advice	NOUN
ftr-490	1279	21	memorandum	memorandum	NOUN
ftr-490	1279	22	159	159	NUM
ftr-490	1279	23	(	(	PUNCT
ftr-490	1279	24	discussing	discuss	VERB
ftr-490	1279	25	the	the	DET
ftr-490	1279	26	call	call	NOUN
ftr-490	1279	27	-	-	PUNCT
ftr-490	1279	28	option	option	NOUN
ftr-490	1279	29	approach	approach	NOUN
ftr-490	1279	30	in	in	ADP
ftr-490	1279	31	the	the	DET
ftr-490	1279	32	estate	estate	NOUN
ftr-490	1279	33	of	of	ADP
ftr-490	1279	34	franklin	franklin	PROPN
ftr-490	1279	35	casel	casel	PROPN
ftr-490	1279	36	.	.	PUNCT
ftr-490	1280	1	alternatively	alternatively	ADV
ftr-490	1280	2	,	,	PUNCT
ftr-490	1280	3	one	one	PRON
ftr-490	1280	4	can	can	AUX
ftr-490	1280	5	view	view	VERB
ftr-490	1280	6	nonrecourse	nonrecourse	NOUN
ftr-490	1280	7	debt	debt	NOUN
ftr-490	1280	8	as	as	ADP
ftr-490	1280	9	co	co	NOUN
ftr-490	1280	10	-	-	NOUN
ftr-490	1280	11	ownership	ownership	NOUN
ftr-490	1280	12	of	of	ADP
ftr-490	1280	13	the	the	DET
ftr-490	1280	14	securing	securing	NOUN
ftr-490	1280	15	property	property	NOUN
ftr-490	1280	16	by	by	ADP
ftr-490	1280	17	the	the	DET
ftr-490	1280	18	debtor	debtor	NOUN
ftr-490	1280	19	and	and	CCONJ
ftr-490	1280	20	creditor	creditor	NOUN
ftr-490	1280	21	or	or	CCONJ
ftr-490	1280	22	as	as	ADP
ftr-490	1280	23	some	some	DET
ftr-490	1280	24	other	other	ADJ
ftr-490	1280	25	form	form	NOUN
ftr-490	1280	26	of	of	ADP
ftr-490	1280	27	shared	share	VERB
ftr-490	1280	28	equity	equity	NOUN
ftr-490	1280	29	investment	investment	NOUN
ftr-490	1280	30	.	.	PUNCT
ftr-490	1281	1	see	see	VERB
ftr-490	1281	2	tufts	tuft	NOUN
ftr-490	1281	3	.	.	PUNCT
ftr-490	1282	1	461	461	NUM
ftr-490	1282	2	u.s	u.s	PROPN
ftr-490	1282	3	.	.	PROPN
ftr-490	1283	1	at	at	ADP
ftr-490	1283	2	308	308	NUM
ftr-490	1283	3	n.5	n.5	PRON
ftr-490	1283	4	(	(	PUNCT
ftr-490	1283	5	considering	consider	VERB
ftr-490	1283	6	this	this	DET
ftr-490	1283	7	alternative	alternative	NOUN
ftr-490	1283	8	)	)	PUNCT
ftr-490	1283	9	.	.	PUNCT
ftr-490	1284	1	as	as	SCONJ
ftr-490	1284	2	robinson	robinson	PROPN
ftr-490	1284	3	notes	notes	PROPN
ftr-490	1284	4	,	,	PUNCT
ftr-490	1284	5	however	however	ADV
ftr-490	1284	6	,	,	PUNCT
ftr-490	1284	7	these	these	DET
ftr-490	1284	8	alternative	alternative	ADJ
ftr-490	1284	9	conceptions	conception	NOUN
ftr-490	1284	10	of	of	ADP
ftr-490	1284	11	nonrcourse	nonrcourse	ADJ
ftr-490	1284	12	debt	debt	NOUN
ftr-490	1284	13	have	have	VERB
ftr-490	1284	14	as	as	ADP
ftr-490	1284	15	their	their	PRON
ftr-490	1284	16	common	common	ADJ
ftr-490	1284	17	denominator	denominator	NOUN
ftr-490	1284	18	the	the	DET
ftr-490	1284	19	view	view	NOUN
ftr-490	1284	20	that	that	SCONJ
ftr-490	1284	21	a	a	DET
ftr-490	1284	22	nonrecourse	nonrecourse	NOUN
ftr-490	1284	23	loan	loan	NOUN
ftr-490	1284	24	is	be	AUX
ftr-490	1284	25	something	something	PRON
ftr-490	1284	26	other	other	ADJ
ftr-490	1284	27	than	than	ADP
ftr-490	1284	28	true	true	ADJ
ftr-490	1284	29	debt	debt	NOUN
ftr-490	1284	30	.	.	PUNCT
ftr-490	1285	1	robinson	robinson	PROPN
ftr-490	1285	2	,	,	PUNCT
ftr-490	1285	3	supra	supra	PROPN
ftr-490	1285	4	note	note	NOUN
ftr-490	1285	5	9	9	NUM
ftr-490	1285	6	,	,	PUNCT
ftr-490	1285	7	at	at	ADP
ftr-490	1285	8	41	41	NUM
ftr-490	1285	9	.	.	PUNCT
ftr-490	1286	1	thus	thus	ADV
ftr-490	1286	2	,	,	PUNCT
ftr-490	1286	3	these	these	DET
ftr-490	1286	4	differing	differ	VERB
ftr-490	1286	5	conceptions	conception	NOUN
ftr-490	1286	6	carry	carry	VERB
ftr-490	1286	7	with	with	ADP
ftr-490	1286	8	them	they	PRON
ftr-490	1286	9	"	"	PUNCT
ftr-490	1286	10	far	far	ADV
ftr-490	1286	11	different	different	ADJ
ftr-490	1286	12	tax	tax	NOUN
ftr-490	1286	13	treatment[s	treatment[s	NOUN
ftr-490	1286	14	]	]	PUNCT
ftr-490	1286	15	"	"	PUNCT
ftr-490	1286	16	(	(	PUNCT
ftr-490	1286	17	robinson	robinson	PROPN
ftr-490	1286	18	,	,	PUNCT
ftr-490	1286	19	supra	supra	PROPN
ftr-490	1286	20	note	note	NOUN
ftr-490	1286	21	9	9	NUM
ftr-490	1286	22	,	,	PUNCT
ftr-490	1286	23	at	at	ADP
ftr-490	1286	24	41	41	NUM
ftr-490	1286	25	)	)	PUNCT
ftr-490	1286	26	than	than	SCONJ
ftr-490	1286	27	arise	arise	VERB
ftr-490	1286	28	under	under	ADP
ftr-490	1286	29	current	current	ADJ
ftr-490	1286	30	law	law	NOUN
ftr-490	1286	31	.	.	PUNCT
ftr-490	1287	1	for	for	ADP
ftr-490	1287	2	example	example	NOUN
ftr-490	1287	3	,	,	PUNCT
ftr-490	1287	4	such	such	ADJ
ftr-490	1287	5	conceptions	conception	NOUN
ftr-490	1287	6	would	would	AUX
ftr-490	1287	7	alter	alter	VERB
ftr-490	1287	8	the	the	DET
ftr-490	1287	9	availability	availability	NOUN
ftr-490	1287	10	of	of	ADP
ftr-490	1287	11	depreciation	depreciation	NOUN
ftr-490	1287	12	deductions	deduction	NOUN
ftr-490	1287	13	to	to	ADP
ftr-490	1287	14	the	the	DET
ftr-490	1287	15	debtor	debtor	NOUN
ftr-490	1287	16	who	who	PRON
ftr-490	1287	17	takes	take	VERB
ftr-490	1287	18	them	they	PRON
ftr-490	1287	19	in	in	ADP
ftr-490	1287	20	full	full	ADJ
ftr-490	1287	21	under	under	ADP
ftr-490	1287	22	the	the	DET
ftr-490	1287	23	current	current	ADJ
ftr-490	1287	24	approach	approach	NOUN
ftr-490	1287	25	.	.	PUNCT
ftr-490	1288	1	except	except	SCONJ
ftr-490	1288	2	in	in	ADP
ftr-490	1288	3	abusive	abusive	ADJ
ftr-490	1288	4	cases	case	NOUN
ftr-490	1288	5	,	,	PUNCT
ftr-490	1288	6	the	the	DET
ftr-490	1288	7	code	code	NOUN
ftr-490	1288	8	-	-	PUNCT
ftr-490	1288	9	as	as	ADV
ftr-490	1288	10	well	well	ADV
ftr-490	1288	11	as	as	ADP
ftr-490	1288	12	the	the	DET
ftr-490	1288	13	supreme	supreme	PROPN
ftr-490	1288	14	court	court	NOUN
ftr-490	1288	15	-	-	PUNCT
ftr-490	1288	16	rejects	reject	VERB
ftr-490	1288	17	these	these	DET
ftr-490	1288	18	more	more	ADV
ftr-490	1288	19	radical	radical	ADJ
ftr-490	1288	20	approaches	approach	NOUN
ftr-490	1288	21	to	to	ADP
ftr-490	1288	22	nonrecourse	nonrecourse	VERB
ftr-490	1288	23	debt	debt	NOUN
ftr-490	1288	24	.	.	PUNCT
ftr-490	1289	1	viewing	view	VERB
ftr-490	1289	2	nonrecourse	nonrecourse	NOUN
ftr-490	1289	3	debt	debt	NOUN
ftr-490	1289	4	as	as	ADP
ftr-490	1289	5	true	true	ADJ
ftr-490	1289	6	debt	debt	NOUN
ftr-490	1289	7	.	.	PUNCT
ftr-490	1290	1	see	see	VERB
ftr-490	1290	2	supra	supra	ADJ
ftr-490	1290	3	text	text	NOUN
ftr-490	1290	4	accompanying	accompany	VERB
ftr-490	1290	5	note	note	NOUN
ftr-490	1290	6	168	168	NUM
ftr-490	1290	7	(	(	PUNCT
ftr-490	1290	8	quoting	quote	VERB
ftr-490	1290	9	tufts	tuft	NOUN
ftr-490	1290	10	):	):	PUNCT
ftr-490	1290	11	discussion	discussion	NOUN
ftr-490	1290	12	supra	supra	PROPN
ftr-490	1290	13	note	note	PROPN
ftr-490	1290	14	44	44	NUM
ftr-490	1290	15	(	(	PUNCT
ftr-490	1290	16	describing	describe	VERB
ftr-490	1290	17	the	the	DET
ftr-490	1290	18	unsuccessful	unsuccessful	ADJ
ftr-490	1290	19	argument	argument	NOUN
ftr-490	1290	20	made	make	VERB
ftr-490	1290	21	in	in	ADP
ftr-490	1290	22	tufts	tuft	NOUN
ftr-490	1290	23	's	's	PART
ftr-490	1290	24	brief	brief	NOUN
ftr-490	1290	25	that	that	SCONJ
ftr-490	1290	26	nonrecourse	nonrecourse	NOUN
ftr-490	1290	27	debt	debt	NOUN
ftr-490	1290	28	is	be	AUX
ftr-490	1290	29	"	"	PUNCT
ftr-490	1290	30	not	not	PART
ftr-490	1290	31	truly	truly	ADV
ftr-490	1290	32	debt	debt	NOUN
ftr-490	1290	33	"	"	PUNCT
ftr-490	1290	34	)	)	PUNCT
ftr-490	1290	35	.	.	PUNCT
ftr-490	1291	1	the	the	DET
ftr-490	1291	2	evaluation	evaluation	NOUN
ftr-490	1291	3	of	of	ADP
ftr-490	1291	4	the	the	DET
ftr-490	1291	5	collapsed	collapse	VERB
ftr-490	1291	6	approach	approach	NOUN
ftr-490	1291	7	has	have	VERB
ftr-490	1291	8	to	to	PART
ftr-490	1291	9	be	be	AUX
ftr-490	1291	10	made	make	VERB
ftr-490	1291	11	with	with	ADP
ftr-490	1291	12	this	this	DET
ftr-490	1291	13	fundamental	fundamental	ADJ
ftr-490	1291	14	structural	structural	ADJ
ftr-490	1291	15	decision	decision	NOUN
ftr-490	1291	16	to	to	PART
ftr-490	1291	17	respect	respect	VERB
ftr-490	1291	18	typical	typical	ADJ
ftr-490	1291	19	nonrecourse	nonrecourse	NOUN
ftr-490	1291	20	debt	debt	NOUN
ftr-490	1291	21	as	as	ADP
ftr-490	1291	22	"	"	PUNCT
ftr-490	1291	23	true	true	ADJ
ftr-490	1291	24	debt	debt	NOUN
ftr-490	1291	25	"	"	PUNCT
ftr-490	1291	26	in	in	ADP
ftr-490	1291	27	mind	mind	NOUN
ftr-490	1291	28	.	.	PUNCT
ftr-490	1292	1	172	172	X
ftr-490	1292	2	.	.	PUNCT
ftr-490	1293	1	professor	professor	PROPN
ftr-490	1293	2	willis	willis	PROPN
ftr-490	1293	3	illustrates	illustrate	VERB
ftr-490	1293	4	this	this	DET
ftr-490	1293	5	phenomenon	phenomenon	NOUN
ftr-490	1293	6	with	with	ADP
ftr-490	1293	7	the	the	DET
ftr-490	1293	8	hypothetical	hypothetical	ADJ
ftr-490	1293	9	described	describe	VERB
ftr-490	1293	10	infra	infra	NOUN
ftr-490	1293	11	text	text	NOUN
ftr-490	1293	12	accompanying	accompany	VERB
ftr-490	1293	13	notes	note	NOUN
ftr-490	1293	14	188	188	NUM
ftr-490	1293	15	-	-	SYM
ftr-490	1293	16	90	90	NUM
ftr-490	1293	17	.	.	PUNCT
ftr-490	1294	1	see	see	VERB
ftr-490	1294	2	willis	willis	PROPN
ftr-490	1294	3	ii	ii	PROPN
ftr-490	1294	4	.	.	PUNCT
ftr-490	1295	1	supra	supra	PROPN
ftr-490	1295	2	note	note	PROPN
ftr-490	1295	3	101	101	NUM
ftr-490	1295	4	.	.	PUNCT
ftr-490	1296	1	at	at	ADP
ftr-490	1296	2	447	447	NUM
ftr-490	1296	3	.	.	PUNCT
ftr-490	1297	1	shortly	shortly	ADV
ftr-490	1297	2	before	before	SCONJ
ftr-490	1297	3	this	this	DET
ftr-490	1297	4	article	article	NOUN
ftr-490	1297	5	went	go	VERB
ftr-490	1297	6	to	to	ADP
ftr-490	1297	7	press	press	VERB
ftr-490	1297	8	,	,	PUNCT
ftr-490	1297	9	beer	beer	NOUN
ftr-490	1297	10	published	publish	VERB
ftr-490	1297	11	his	his	PRON
ftr-490	1297	12	views	view	NOUN
ftr-490	1297	13	that	that	SCONJ
ftr-490	1297	14	even	even	ADV
ftr-490	1297	15	recourse	recourse	VERB
ftr-490	1297	16	debt	debt	NOUN
ftr-490	1297	17	should	should	AUX
ftr-490	1297	18	be	be	AUX
ftr-490	1297	19	considered	consider	VERB
ftr-490	1297	20	to	to	PART
ftr-490	1297	21	encompass	encompass	VERB
ftr-490	1297	22	a	a	DET
ftr-490	1297	23	put	put	NOUN
ftr-490	1297	24	option	option	NOUN
ftr-490	1297	25	,	,	PUNCT
ftr-490	1297	26	and	and	CCONJ
ftr-490	1297	27	taxed	tax	VERB
ftr-490	1297	28	accordingly	accordingly	ADV
ftr-490	1297	29	,	,	PUNCT
ftr-490	1297	30	to	to	ADP
ftr-490	1297	31	the	the	DET
ftr-490	1297	32	extent	extent	NOUN
ftr-490	1297	33	the	the	DET
ftr-490	1297	34	creditor	creditor	NOUN
ftr-490	1297	35	shoulders	shoulder	NOUN
ftr-490	1297	36	a	a	DET
ftr-490	1297	37	risk	risk	NOUN
ftr-490	1297	38	of	of	ADP
ftr-490	1297	39	default	default	NOUN
ftr-490	1297	40	in	in	ADP
ftr-490	1297	41	the	the	DET
ftr-490	1297	42	particular	particular	ADJ
ftr-490	1297	43	facts	fact	NOUN
ftr-490	1297	44	and	and	CCONJ
ftr-490	1297	45	circumstances	circumstance	NOUN
ftr-490	1297	46	.	.	PUNCT
ftr-490	1298	1	see	see	VERB
ftr-490	1298	2	yishai	yishai	PROPN
ftr-490	1298	3	beer	beer	PROPN
ftr-490	1298	4	,	,	PUNCT
ftr-490	1298	5	the	the	DET
ftr-490	1298	6	taxation	taxation	NOUN
ftr-490	1298	7	of	of	ADP
ftr-490	1298	8	the	the	DET
ftr-490	1298	9	risk	risk	NOUN
ftr-490	1298	10	component	component	NOUN
ftr-490	1298	11	in	in	ADP
ftr-490	1298	12	a	a	DET
ftr-490	1298	13	loan	loan	NOUN
ftr-490	1298	14	:	:	PUNCT
ftr-490	1298	15	an	an	DET
ftr-490	1298	16	option	option	NOUN
ftr-490	1298	17	analysis	analysis	NOUN
ftr-490	1298	18	,	,	PUNCT
ftr-490	1298	19	special	special	ADJ
ftr-490	1298	20	report	report	NOUN
ftr-490	1298	21	,	,	PUNCT
ftr-490	1298	22	57	57	NUM
ftr-490	1298	23	tax	tax	NOUN
ftr-490	1298	24	notes	note	NOUN
ftr-490	1298	25	525	525	NUM
ftr-490	1298	26	(	(	PUNCT
ftr-490	1298	27	oct	oct	PROPN
ftr-490	1298	28	.	.	PROPN
ftr-490	1298	29	26	26	NUM
ftr-490	1298	30	.	.	NOUN
ftr-490	1298	31	19912	19912	NUM
ftr-490	1298	32	)	)	PUNCT
ftr-490	1298	33	.	.	PUNCT
ftr-490	1299	1	beer	beer	PROPN
ftr-490	1299	2	's	's	PART
ftr-490	1299	3	approach	approach	NOUN
ftr-490	1299	4	argues	argue	VERB
ftr-490	1299	5	for	for	ADP
ftr-490	1299	6	the	the	DET
ftr-490	1299	7	adoption	adoption	NOUN
ftr-490	1299	8	of	of	ADP
ftr-490	1299	9	the	the	DET
ftr-490	1299	10	collapsed	collapse	VERB
ftr-490	1299	11	approach	approach	NOUN
ftr-490	1299	12	for	for	ADP
ftr-490	1299	13	both	both	CCONJ
ftr-490	1299	14	recourse	recourse	NOUN
ftr-490	1299	15	and	and	CCONJ
ftr-490	1299	16	nonrecourse	nonrecourse	NOUN
ftr-490	1299	17	debt	debt	NOUN
ftr-490	1299	18	,	,	PUNCT
ftr-490	1299	19	a	a	DET
ftr-490	1299	20	result	result	NOUN
ftr-490	1299	21	which	which	PRON
ftr-490	1299	22	would	would	AUX
ftr-490	1299	23	,	,	PUNCT
ftr-490	1299	24	at	at	ADP
ftr-490	1299	25	the	the	DET
ftr-490	1299	26	least	least	ADJ
ftr-490	1299	27	,	,	PUNCT
ftr-490	1299	28	continue	continue	VERB
ftr-490	1299	29	the	the	DET
ftr-490	1299	30	disparate	disparate	ADJ
ftr-490	1299	31	results	result	NOUN
ftr-490	1299	32	that	that	PRON
ftr-490	1299	33	occur	occur	VERB
ftr-490	1299	34	between	between	ADP
ftr-490	1299	35	the	the	DET
ftr-490	1299	36	transfer	transfer	NOUN
ftr-490	1299	37	and	and	CCONJ
ftr-490	1299	38	nontransfer	nontransfer	NOUN
ftr-490	1299	39	contexts	context	NOUN
ftr-490	1299	40	and	and	CCONJ
ftr-490	1299	41	which	which	PRON
ftr-490	1299	42	would	would	AUX
ftr-490	1299	43	continue	continue	VERB
ftr-490	1299	44	to	to	PART
ftr-490	1299	45	present	present	VERB
ftr-490	1299	46	problems	problem	NOUN
ftr-490	1299	47	in	in	ADP
ftr-490	1299	48	the	the	DET
ftr-490	1299	49	context	context	NOUN
ftr-490	1299	50	of	of	ADP
ftr-490	1299	51	personal	personal	ADJ
ftr-490	1299	52	-	-	PUNCT
ftr-490	1299	53	use	use	NOUN
ftr-490	1299	54	property	property	NOUN
ftr-490	1299	55	.	.	PUNCT
ftr-490	1300	1	see	see	VERB
ftr-490	1300	2	infra	infra	NOUN
ftr-490	1300	3	part	part	NOUN
ftr-490	1300	4	iv	iv	NOUN
ftr-490	1300	5	.	.	PUNCT
ftr-490	1300	6	173	173	NUM
ftr-490	1300	7	.	.	PUNCT
ftr-490	1301	1	see	see	VERB
ftr-490	1301	2	supra	supra	PROPN
ftr-490	1301	3	text	text	NOUN
ftr-490	1301	4	accompanying	accompany	VERB
ftr-490	1301	5	notes	note	VERB
ftr-490	1301	6	138	138	NUM
ftr-490	1301	7	-	-	SYM
ftr-490	1301	8	40	40	NUM
ftr-490	1301	9	(	(	PUNCT
ftr-490	1301	10	describing	describe	VERB
ftr-490	1301	11	the	the	DET
ftr-490	1301	12	intersection	intersection	NOUN
ftr-490	1301	13	of	of	ADP
ftr-490	1301	14	the	the	DET
ftr-490	1301	15	collapsed	collapse	VERB
ftr-490	1301	16	approach	approach	NOUN
ftr-490	1301	17	with	with	ADP
ftr-490	1301	18	related	related	ADJ
ftr-490	1301	19	rules	rule	NOUN
ftr-490	1301	20	)	)	PUNCT
ftr-490	1301	21	.	.	PUNCT
ftr-490	1302	1	19921	19921	NUM
ftr-490	1302	2	florida	florida	PROPN
ftr-490	1302	3	tax	tax	NOUN
ftr-490	1302	4	review	review	NOUN
ftr-490	1302	5	with	with	ADP
ftr-490	1302	6	which	which	PRON
ftr-490	1302	7	this	this	DET
ftr-490	1302	8	article	article	NOUN
ftr-490	1302	9	began.174	began.174	ADJ
ftr-490	1302	10	in	in	ADP
ftr-490	1302	11	that	that	DET
ftr-490	1302	12	memorandum	memorandum	NOUN
ftr-490	1302	13	,	,	PUNCT
ftr-490	1302	14	the	the	DET
ftr-490	1302	15	creditor	creditor	NOUN
ftr-490	1302	16	foreclosed	foreclose	VERB
ftr-490	1302	17	on	on	ADP
ftr-490	1302	18	a	a	DET
ftr-490	1302	19	personal	personal	ADJ
ftr-490	1302	20	residence	residence	NOUN
ftr-490	1302	21	in	in	ADP
ftr-490	1302	22	a	a	DET
ftr-490	1302	23	nonjudicial	nonjudicial	ADJ
ftr-490	1302	24	foreclosure	foreclosure	NOUN
ftr-490	1302	25	proceeding	proceeding	NOUN
ftr-490	1302	26	.	.	PUNCT
ftr-490	1303	1	the	the	DET
ftr-490	1303	2	debtor	debtor	NOUN
ftr-490	1303	3	had	have	AUX
ftr-490	1303	4	purchased	purchase	VERB
ftr-490	1303	5	the	the	DET
ftr-490	1303	6	residence	residence	NOUN
ftr-490	1303	7	for	for	ADP
ftr-490	1303	8	$	$	SYM
ftr-490	1303	9	130,000	130,000	NUM
ftr-490	1303	10	;	;	PUNCT
ftr-490	1303	11	the	the	DET
ftr-490	1303	12	residence	residence	NOUN
ftr-490	1303	13	had	have	VERB
ftr-490	1303	14	a	a	DET
ftr-490	1303	15	fair	fair	ADJ
ftr-490	1303	16	market	market	NOUN
ftr-490	1303	17	value	value	NOUN
ftr-490	1303	18	of	of	ADP
ftr-490	1303	19	$	$	SYM
ftr-490	1303	20	100,000	100,000	NUM
ftr-490	1303	21	at	at	ADP
ftr-490	1303	22	the	the	DET
ftr-490	1303	23	time	time	NOUN
ftr-490	1303	24	of	of	ADP
ftr-490	1303	25	foreclosure	foreclosure	NOUN
ftr-490	1303	26	;	;	PUNCT
ftr-490	1303	27	and	and	CCONJ
ftr-490	1303	28	the	the	DET
ftr-490	1303	29	outstanding	outstanding	ADJ
ftr-490	1303	30	indebtedness	indebtedness	NOUN
ftr-490	1303	31	at	at	ADP
ftr-490	1303	32	that	that	DET
ftr-490	1303	33	time	time	NOUN
ftr-490	1303	34	was	be	AUX
ftr-490	1303	35	$	$	SYM
ftr-490	1303	36	122,000	122,000	NUM
ftr-490	1303	37	.	.	PUNCT
ftr-490	1304	1	although	although	SCONJ
ftr-490	1304	2	the	the	DET
ftr-490	1304	3	loan	loan	NOUN
ftr-490	1304	4	documents	document	NOUN
ftr-490	1304	5	themselves	themselves	PRON
ftr-490	1304	6	apparently	apparently	ADV
ftr-490	1304	7	did	do	AUX
ftr-490	1304	8	not	not	PART
ftr-490	1304	9	limit	limit	VERB
ftr-490	1304	10	the	the	DET
ftr-490	1304	11	creditor	creditor	NOUN
ftr-490	1304	12	's	's	PART
ftr-490	1304	13	recourse	recourse	NOUN
ftr-490	1304	14	rights	right	NOUN
ftr-490	1304	15	,	,	PUNCT
ftr-490	1304	16	the	the	DET
ftr-490	1304	17	creditor	creditor	NOUN
ftr-490	1304	18	was	be	AUX
ftr-490	1304	19	barred	bar	VERB
ftr-490	1304	20	from	from	ADP
ftr-490	1304	21	pursuing	pursue	VERB
ftr-490	1304	22	the	the	DET
ftr-490	1304	23	deficiency	deficiency	NOUN
ftr-490	1304	24	in	in	ADP
ftr-490	1304	25	debt	debt	NOUN
ftr-490	1304	26	satisfaction	satisfaction	NOUN
ftr-490	1304	27	under	under	ADP
ftr-490	1304	28	a	a	DET
ftr-490	1304	29	state	state	NOUN
ftr-490	1304	30	(	(	PUNCT
ftr-490	1304	31	alaska	alaska	PROPN
ftr-490	1304	32	)	)	PUNCT
ftr-490	1304	33	antideficiency	antideficiency	NOUN
ftr-490	1304	34	statute	statute	NOUN
ftr-490	1304	35	.	.	PUNCT
ftr-490	1305	1	'75	'75	NUM
ftr-490	1305	2	how	how	SCONJ
ftr-490	1305	3	was	be	AUX
ftr-490	1305	4	the	the	DET
ftr-490	1305	5	debtor	debtor	NOUN
ftr-490	1305	6	's	's	PART
ftr-490	1305	7	accession	accession	NOUN
ftr-490	1305	8	to	to	ADP
ftr-490	1305	9	wealth	wealth	NOUN
ftr-490	1305	10	upon	upon	SCONJ
ftr-490	1305	11	failure	failure	NOUN
ftr-490	1305	12	to	to	PART
ftr-490	1305	13	pay	pay	VERB
ftr-490	1305	14	the	the	DET
ftr-490	1305	15	remaining	remain	VERB
ftr-490	1305	16	$	$	SYM
ftr-490	1305	17	22,000	22,000	NUM
ftr-490	1305	18	of	of	ADP
ftr-490	1305	19	principal	principal	NOUN
ftr-490	1305	20	originally	originally	ADV
ftr-490	1305	21	borrowed	borrow	VERB
ftr-490	1305	22	and	and	CCONJ
ftr-490	1305	23	excluded	exclude	VERB
ftr-490	1305	24	from	from	ADP
ftr-490	1305	25	gross	gross	ADJ
ftr-490	1305	26	income	income	NOUN
ftr-490	1305	27	treated	treat	VERB
ftr-490	1305	28	for	for	ADP
ftr-490	1305	29	tax	tax	NOUN
ftr-490	1305	30	purposes	purpose	NOUN
ftr-490	1305	31	?	?	PUNCT
ftr-490	1306	1	one	one	PRON
ftr-490	1306	2	could	could	AUX
ftr-490	1306	3	easily	easily	ADV
ftr-490	1306	4	argue	argue	VERB
ftr-490	1306	5	that	that	SCONJ
ftr-490	1306	6	the	the	DET
ftr-490	1306	7	effect	effect	NOUN
ftr-490	1306	8	of	of	ADP
ftr-490	1306	9	the	the	DET
ftr-490	1306	10	state	state	NOUN
ftr-490	1306	11	statute	statute	NOUN
ftr-490	1306	12	preventing	prevent	VERB
ftr-490	1306	13	the	the	DET
ftr-490	1306	14	creditor	creditor	NOUN
ftr-490	1306	15	from	from	ADP
ftr-490	1306	16	pursuing	pursue	VERB
ftr-490	1306	17	the	the	DET
ftr-490	1306	18	deficiency	deficiency	NOUN
ftr-490	1306	19	against	against	ADP
ftr-490	1306	20	the	the	DET
ftr-490	1306	21	debtor	debtor	NOUN
ftr-490	1306	22	's	's	PART
ftr-490	1306	23	other	other	ADJ
ftr-490	1306	24	assets	asset	NOUN
ftr-490	1306	25	was	be	AUX
ftr-490	1306	26	to	to	PART
ftr-490	1306	27	transform	transform	VERB
ftr-490	1306	28	the	the	DET
ftr-490	1306	29	nominally	nominally	ADV
ftr-490	1306	30	recourse	recourse	NOUN
ftr-490	1306	31	loan	loan	NOUN
ftr-490	1306	32	into	into	ADP
ftr-490	1306	33	a	a	DET
ftr-490	1306	34	nonrecourse	nonrecourse	NOUN
ftr-490	1306	35	loan	loan	NOUN
ftr-490	1306	36	.	.	PUNCT
ftr-490	1307	1	under	under	ADP
ftr-490	1307	2	the	the	DET
ftr-490	1307	3	collapsed	collapsed	ADJ
ftr-490	1307	4	approach	approach	NOUN
ftr-490	1307	5	for	for	ADP
ftr-490	1307	6	nonrecourse	nonrecourse	NOUN
ftr-490	1307	7	debt	debt	NOUN
ftr-490	1307	8	,	,	PUNCT
ftr-490	1307	9	no	no	DET
ftr-490	1307	10	cod	cod	NOUN
ftr-490	1307	11	income	income	NOUN
ftr-490	1307	12	would	would	AUX
ftr-490	1307	13	be	be	AUX
ftr-490	1307	14	considered	consider	VERB
ftr-490	1307	15	realized	realize	VERB
ftr-490	1307	16	.	.	PUNCT
ftr-490	1308	1	176	176	NUM
ftr-490	1308	2	the	the	DET
ftr-490	1308	3	debtor	debtor	NOUN
ftr-490	1308	4	would	would	AUX
ftr-490	1308	5	be	be	AUX
ftr-490	1308	6	considered	consider	VERB
ftr-490	1308	7	as	as	ADP
ftr-490	1308	8	transferring	transfer	VERB
ftr-490	1308	9	his	his	PRON
ftr-490	1308	10	property	property	NOUN
ftr-490	1308	11	with	with	ADP
ftr-490	1308	12	a	a	DET
ftr-490	1308	13	basis	basis	NOUN
ftr-490	1308	14	of	of	ADP
ftr-490	1308	15	$	$	SYM
ftr-490	1308	16	130,000	130,000	NUM
ftr-490	1308	17	for	for	ADP
ftr-490	1308	18	an	an	DET
ftr-490	1308	19	amount	amount	NOUN
ftr-490	1308	20	realized	realize	VERB
ftr-490	1308	21	that	that	PRON
ftr-490	1308	22	included	include	VERB
ftr-490	1308	23	the	the	DET
ftr-490	1308	24	remaining	remain	VERB
ftr-490	1308	25	$	$	SYM
ftr-490	1308	26	122,000	122,000	NUM
ftr-490	1308	27	indebtedness	indebtedness	NOUN
ftr-490	1308	28	,	,	PUNCT
ftr-490	1308	29	producing	produce	VERB
ftr-490	1308	30	an	an	DET
ftr-490	1308	31	$	$	SYM
ftr-490	1308	32	8,000	8,000	NUM
ftr-490	1308	33	nondeductible	nondeductible	ADJ
ftr-490	1308	34	personal	personal	ADJ
ftr-490	1308	35	loss	loss	NOUN
ftr-490	1308	36	.	.	PUNCT
ftr-490	1308	37	'77	'77	NUM
ftr-490	1308	38	without	without	ADP
ftr-490	1308	39	even	even	ADV
ftr-490	1308	40	considering	consider	VERB
ftr-490	1308	41	the	the	DET
ftr-490	1308	42	effect	effect	NOUN
ftr-490	1308	43	of	of	ADP
ftr-490	1308	44	the	the	DET
ftr-490	1308	45	state	state	NOUN
ftr-490	1308	46	antideficiency	antideficiency	NOUN
ftr-490	1308	47	statute	statute	NOUN
ftr-490	1308	48	on	on	ADP
ftr-490	1308	49	the	the	DET
ftr-490	1308	50	debt	debt	NOUN
ftr-490	1308	51	's	's	PART
ftr-490	1308	52	status	status	NOUN
ftr-490	1308	53	as	as	ADP
ftr-490	1308	54	"	"	PUNCT
ftr-490	1308	55	recourse	recourse	NOUN
ftr-490	1308	56	"	"	PUNCT
ftr-490	1308	57	or	or	CCONJ
ftr-490	1308	58	"	"	PUNCT
ftr-490	1308	59	nonrecourse	nonrecourse	NOUN
ftr-490	1308	60	,	,	PUNCT
ftr-490	1308	61	"	"	PUNCT
ftr-490	1308	62	however	however	ADV
ftr-490	1308	63	,	,	PUNCT
ftr-490	1308	64	the	the	DET
ftr-490	1308	65	ruling	ruling	NOUN
ftr-490	1308	66	simply	simply	ADV
ftr-490	1308	67	cited	cite	VERB
ftr-490	1308	68	the	the	DET
ftr-490	1308	69	bifurcated	bifurcated	ADJ
ftr-490	1308	70	rule	rule	NOUN
ftr-490	1308	71	that	that	PRON
ftr-490	1308	72	applies	apply	VERB
ftr-490	1308	73	in	in	ADP
ftr-490	1308	74	the	the	DET
ftr-490	1308	75	case	case	NOUN
ftr-490	1308	76	of	of	ADP
ftr-490	1308	77	recourse	recourse	NOUN
ftr-490	1308	78	debt	debt	NOUN
ftr-490	1308	79	found	find	VERB
ftr-490	1308	80	in	in	ADP
ftr-490	1308	81	treasury	treasury	NOUN
ftr-490	1308	82	regulation	regulation	NOUN
ftr-490	1308	83	section	section	NOUN
ftr-490	1308	84	1.1001	1.1001	NUM
ftr-490	1308	85	-	-	SYM
ftr-490	1308	86	2(c	2(c	NUM
ftr-490	1308	87	)	)	PUNCT
ftr-490	1308	88	,	,	PUNCT
ftr-490	1308	89	example	example	NOUN
ftr-490	1308	90	8	8	NUM
ftr-490	1308	91	,	,	PUNCT
ftr-490	1308	92	and	and	CCONJ
ftr-490	1308	93	ruled	rule	VERB
ftr-490	1308	94	that	that	SCONJ
ftr-490	1308	95	the	the	DET
ftr-490	1308	96	debtor	debtor	NOUN
ftr-490	1308	97	realized	realize	VERB
ftr-490	1308	98	$	$	SYM
ftr-490	1308	99	22,000	22,000	NUM
ftr-490	1308	100	in	in	ADP
ftr-490	1308	101	cod	cod	NOUN
ftr-490	1308	102	income	income	NOUN
ftr-490	1308	103	.	.	PUNCT
ftr-490	1309	1	'78	'78	NUM
ftr-490	1309	2	under	under	ADP
ftr-490	1309	3	the	the	DET
ftr-490	1309	4	bifurcated	bifurcated	ADJ
ftr-490	1309	5	approach	approach	NOUN
ftr-490	1309	6	,	,	PUNCT
ftr-490	1309	7	the	the	DET
ftr-490	1309	8	debtor	debtor	NOUN
ftr-490	1309	9	also	also	ADV
ftr-490	1309	10	realized	realize	VERB
ftr-490	1309	11	a	a	DET
ftr-490	1309	12	$	$	SYM
ftr-490	1309	13	30,000	30,000	NUM
ftr-490	1309	14	nondeductible	nondeductible	ADJ
ftr-490	1309	15	personal	personal	ADJ
ftr-490	1309	16	loss	loss	NOUN
ftr-490	1309	17	.	.	PUNCT
ftr-490	1309	18	'	'	PUNCT
ftr-490	1310	1	79	79	NUM
ftr-490	1310	2	the	the	DET
ftr-490	1310	3	issue	issue	NOUN
ftr-490	1310	4	actually	actually	ADV
ftr-490	1310	5	considered	consider	VERB
ftr-490	1310	6	in	in	ADP
ftr-490	1310	7	the	the	DET
ftr-490	1310	8	ruling	ruling	NOUN
ftr-490	1310	9	was	be	AUX
ftr-490	1310	10	whether	whether	SCONJ
ftr-490	1310	11	the	the	DET
ftr-490	1310	12	value	value	NOUN
ftr-490	1310	13	of	of	ADP
ftr-490	1310	14	the	the	DET
ftr-490	1310	15	residence	residence	NOUN
ftr-490	1310	16	should	should	AUX
ftr-490	1310	17	be	be	AUX
ftr-490	1310	18	considered	consider	VERB
ftr-490	1310	19	in	in	ADP
ftr-490	1310	20	determining	determine	VERB
ftr-490	1310	21	whether	whether	SCONJ
ftr-490	1310	22	the	the	DET
ftr-490	1310	23	debtor	debtor	NOUN
ftr-490	1310	24	was	be	AUX
ftr-490	1310	25	"	"	PUNCT
ftr-490	1310	26	insolvent	insolvent	ADJ
ftr-490	1310	27	"	"	PUNCT
ftr-490	1310	28	within	within	ADP
ftr-490	1310	29	the	the	DET
ftr-490	1310	30	meaning	meaning	NOUN
ftr-490	1310	31	of	of	ADP
ftr-490	1310	32	section	section	NOUN
ftr-490	1310	33	108(d)(3	108(d)(3	NUM
ftr-490	1310	34	)	)	PUNCT
ftr-490	1311	1	i	i	PRON
ftr-490	1311	2	's	be	AUX
ftr-490	1311	3	and	and	CCONJ
ftr-490	1311	4	thus	thus	ADV
ftr-490	1311	5	entitled	entitle	VERB
ftr-490	1311	6	to	to	ADP
ftr-490	1311	7	174	174	NUM
ftr-490	1311	8	.	.	PUNCT
ftr-490	1312	1	i.r.s	i.r.s	PROPN
ftr-490	1312	2	.	.	PUNCT
ftr-490	1313	1	t.a.m	t.a.m	PROPN
ftr-490	1313	2	.	.	PROPN
ftr-490	1313	3	9130005	9130005	NUM
ftr-490	1313	4	(	(	PUNCT
ftr-490	1313	5	march	march	PROPN
ftr-490	1313	6	29	29	NUM
ftr-490	1313	7	,	,	PUNCT
ftr-490	1313	8	1991	1991	NUM
ftr-490	1313	9	)	)	PUNCT
ftr-490	1313	10	.	.	PUNCT
ftr-490	1314	1	see	see	VERB
ftr-490	1314	2	supra	supra	ADJ
ftr-490	1314	3	text	text	NOUN
ftr-490	1314	4	accompanying	accompanying	ADJ
ftr-490	1314	5	note	note	NOUN
ftr-490	1314	6	2	2	NUM
ftr-490	1314	7	.	.	NUM
ftr-490	1314	8	175	175	NUM
ftr-490	1314	9	.	.	PUNCT
ftr-490	1315	1	the	the	DET
ftr-490	1315	2	ruling	ruling	NOUN
ftr-490	1315	3	fails	fail	VERB
ftr-490	1315	4	to	to	PART
ftr-490	1315	5	cite	cite	VERB
ftr-490	1315	6	the	the	DET
ftr-490	1315	7	alaska	alaska	PROPN
ftr-490	1315	8	statute	statute	PROPN
ftr-490	1315	9	,	,	PUNCT
ftr-490	1315	10	but	but	CCONJ
ftr-490	1315	11	apparently	apparently	ADV
ftr-490	1315	12	the	the	DET
ftr-490	1315	13	statute	statute	NOUN
ftr-490	1315	14	prevented	prevent	VERB
ftr-490	1315	15	creditors	creditor	NOUN
ftr-490	1315	16	from	from	ADP
ftr-490	1315	17	pursuing	pursue	VERB
ftr-490	1315	18	deficiencies	deficiency	NOUN
ftr-490	1315	19	arising	arise	VERB
ftr-490	1315	20	on	on	ADP
ftr-490	1315	21	foreclosure	foreclosure	NOUN
ftr-490	1315	22	of	of	ADP
ftr-490	1315	23	personal	personal	ADJ
ftr-490	1315	24	residences	residence	NOUN
ftr-490	1315	25	or	or	CCONJ
ftr-490	1315	26	purchasemoney	purchasemoney	NOUN
ftr-490	1315	27	mortgages	mortgage	NOUN
ftr-490	1315	28	pertaining	pertain	VERB
ftr-490	1315	29	to	to	ADP
ftr-490	1315	30	real	real	ADJ
ftr-490	1315	31	estate	estate	NOUN
ftr-490	1315	32	.	.	PUNCT
ftr-490	1316	1	see	see	VERB
ftr-490	1316	2	i.r.s	i.r.	NOUN
ftr-490	1316	3	.	.	PUNCT
ftr-490	1317	1	t.a.m	t.a.m	PROPN
ftr-490	1317	2	.	.	PROPN
ftr-490	1317	3	9130005	9130005	NUM
ftr-490	1318	1	(	(	PUNCT
ftr-490	1318	2	march	march	PROPN
ftr-490	1318	3	29	29	NUM
ftr-490	1318	4	,	,	PUNCT
ftr-490	1318	5	1991	1991	NUM
ftr-490	1318	6	)	)	PUNCT
ftr-490	1318	7	.	.	PUNCT
ftr-490	1319	1	cf	cf	NOUN
ftr-490	1319	2	.	.	PUNCT
ftr-490	1320	1	infra	infra	NOUN
ftr-490	1320	2	note	note	VERB
ftr-490	1320	3	186	186	NUM
ftr-490	1320	4	(	(	PUNCT
ftr-490	1320	5	quoting	quote	VERB
ftr-490	1320	6	california	california	PROPN
ftr-490	1320	7	antideficiency	antideficiency	PROPN
ftr-490	1320	8	statute	statute	PROPN
ftr-490	1320	9	)	)	PUNCT
ftr-490	1320	10	.	.	PUNCT
ftr-490	1321	1	176	176	NUM
ftr-490	1321	2	.	.	PUNCT
ftr-490	1322	1	see	see	VERB
ftr-490	1322	2	supra	supra	PROPN
ftr-490	1322	3	notes	note	VERB
ftr-490	1322	4	9	9	NUM
ftr-490	1322	5	-	-	SYM
ftr-490	1322	6	14	14	NUM
ftr-490	1322	7	and	and	CCONJ
ftr-490	1322	8	accompanying	accompany	VERB
ftr-490	1322	9	text	text	NOUN
ftr-490	1322	10	(	(	PUNCT
ftr-490	1322	11	describing	describe	VERB
ftr-490	1322	12	collapsed	collapse	VERB
ftr-490	1322	13	approach	approach	NOUN
ftr-490	1322	14	for	for	ADP
ftr-490	1322	15	nonrecourse	nonrecourse	NOUN
ftr-490	1322	16	debt	debt	NOUN
ftr-490	1322	17	)	)	PUNCT
ftr-490	1322	18	.	.	PUNCT
ftr-490	1323	1	177	177	NUM
ftr-490	1323	2	.	.	PUNCT
ftr-490	1324	1	see	see	VERB
ftr-490	1324	2	discussion	discussion	NOUN
ftr-490	1324	3	supra	supra	PROPN
ftr-490	1324	4	note	note	VERB
ftr-490	1324	5	13	13	NUM
ftr-490	1324	6	.	.	NOUN
ftr-490	1324	7	178	178	NUM
ftr-490	1324	8	.	.	PUNCT
ftr-490	1325	1	i.r.s	i.r.s	PROPN
ftr-490	1325	2	.	.	PUNCT
ftr-490	1326	1	t.a.m	t.a.m	PROPN
ftr-490	1326	2	.	.	PROPN
ftr-490	1326	3	9130005	9130005	NUM
ftr-490	1326	4	(	(	PUNCT
ftr-490	1326	5	march	march	PROPN
ftr-490	1326	6	29	29	NUM
ftr-490	1326	7	,	,	PUNCT
ftr-490	1326	8	1991	1991	NUM
ftr-490	1326	9	)	)	PUNCT
ftr-490	1326	10	.	.	PUNCT
ftr-490	1327	1	179	179	NUM
ftr-490	1327	2	.	.	PUNCT
ftr-490	1328	1	see	see	VERB
ftr-490	1328	2	discussion	discussion	NOUN
ftr-490	1328	3	supra	supra	PROPN
ftr-490	1328	4	note	note	VERB
ftr-490	1328	5	7	7	NUM
ftr-490	1328	6	.	.	NOUN
ftr-490	1328	7	180	180	NUM
ftr-490	1328	8	.	.	PUNCT
ftr-490	1329	1	that	that	DET
ftr-490	1329	2	subsection	subsection	NOUN
ftr-490	1329	3	defines	define	VERB
ftr-490	1329	4	insolvency	insolvency	NOUN
ftr-490	1329	5	as	as	ADP
ftr-490	1329	6	"	"	PUNCT
ftr-490	1329	7	the	the	DET
ftr-490	1329	8	excess	excess	NOUN
ftr-490	1329	9	of	of	ADP
ftr-490	1329	10	liabilities	liability	NOUN
ftr-490	1329	11	over	over	ADP
ftr-490	1329	12	the	the	DET
ftr-490	1329	13	fair	fair	ADJ
ftr-490	1329	14	market	market	NOUN
ftr-490	1329	15	value	value	NOUN
ftr-490	1329	16	of	of	ADP
ftr-490	1329	17	assets	asset	NOUN
ftr-490	1329	18	.	.	PUNCT
ftr-490	1330	1	with	with	ADP
ftr-490	1330	2	respect	respect	NOUN
ftr-490	1330	3	to	to	ADP
ftr-490	1330	4	any	any	DET
ftr-490	1330	5	discharge	discharge	NOUN
ftr-490	1330	6	,	,	PUNCT
ftr-490	1330	7	whether	whether	SCONJ
ftr-490	1330	8	or	or	CCONJ
ftr-490	1330	9	not	not	PART
ftr-490	1330	10	the	the	DET
ftr-490	1330	11	taxpayer	taxpayer	NOUN
ftr-490	1330	12	is	be	AUX
ftr-490	1330	13	insolvent	insolvent	ADJ
ftr-490	1330	14	,	,	PUNCT
ftr-490	1330	15	and	and	CCONJ
ftr-490	1330	16	the	the	DET
ftr-490	1330	17	amount	amount	NOUN
ftr-490	1330	18	by	by	ADP
ftr-490	1330	19	which	which	PRON
ftr-490	1330	20	the	the	DET
ftr-490	1330	21	taxpayer	taxpayer	NOUN
ftr-490	1330	22	is	be	AUX
ftr-490	1330	23	insolvent	insolvent	ADJ
ftr-490	1330	24	,	,	PUNCT
ftr-490	1330	25	shall	shall	AUX
ftr-490	1330	26	be	be	AUX
ftr-490	1330	27	determined	determine	VERB
ftr-490	1330	28	on	on	ADP
ftr-490	1330	29	the	the	DET
ftr-490	1330	30	basis	basis	NOUN
ftr-490	1330	31	of	of	ADP
ftr-490	1330	32	the	the	DET
ftr-490	1330	33	taxpayer	taxpayer	NOUN
ftr-490	1330	34	's	's	PART
ftr-490	1330	35	assets	asset	NOUN
ftr-490	1330	36	and	and	CCONJ
ftr-490	1330	37	liabilities	liability	NOUN
ftr-490	1330	38	immediately	immediately	ADV
ftr-490	1330	39	before	before	ADP
ftr-490	1330	40	the	the	DET
ftr-490	1330	41	discharge	discharge	NOUN
ftr-490	1330	42	.	.	PUNCT
ftr-490	1330	43	"	"	PUNCT
ftr-490	1331	1	on	on	ADP
ftr-490	1331	2	the	the	DET
ftr-490	1331	3	liability	liability	NOUN
ftr-490	1331	4	side	side	NOUN
ftr-490	1331	5	,	,	PUNCT
ftr-490	1331	6	the	the	DET
ftr-490	1331	7	service	service	NOUN
ftr-490	1331	8	recently	recently	ADV
ftr-490	1331	9	ruled	rule	VERB
ftr-490	1331	10	that	that	SCONJ
ftr-490	1331	11	"	"	PUNCT
ftr-490	1331	12	[	[	X
ftr-490	1331	13	t]he	t]he	ADV
ftr-490	1331	14	amount	amount	NOUN
ftr-490	1331	15	by	by	ADP
ftr-490	1331	16	which	which	PRON
ftr-490	1331	17	a	a	DET
ftr-490	1331	18	nonrecourse	nonrecourse	NOUN
ftr-490	1331	19	debt	debt	NOUN
ftr-490	1331	20	exceeds	exceed	VERB
ftr-490	1331	21	the	the	DET
ftr-490	1331	22	fair	fair	ADJ
ftr-490	1331	23	market	market	NOUN
ftr-490	1331	24	value	value	NOUN
ftr-490	1331	25	of	of	ADP
ftr-490	1331	26	the	the	DET
ftr-490	1331	27	property	property	NOUN
ftr-490	1331	28	securing	secure	VERB
ftr-490	1331	29	the	the	DET
ftr-490	1331	30	debt	debt	NOUN
ftr-490	1331	31	is	be	AUX
ftr-490	1331	32	taken	take	VERB
ftr-490	1331	33	into	into	ADP
ftr-490	1331	34	account	account	NOUN
ftr-490	1331	35	in	in	ADP
ftr-490	1331	36	determining	determine	VERB
ftr-490	1331	37	whether	whether	SCONJ
ftr-490	1331	38	,	,	PUNCT
ftr-490	1331	39	and	and	CCONJ
ftr-490	1331	40	to	to	ADP
ftr-490	1331	41	what	what	DET
ftr-490	1331	42	extent	extent	NOUN
ftr-490	1331	43	,	,	PUNCT
ftr-490	1331	44	a	a	DET
ftr-490	1331	45	taxpayer	taxpayer	NOUN
ftr-490	1331	46	is	be	AUX
ftr-490	1331	47	insolvent	insolvent	ADJ
ftr-490	1331	48	within	within	ADP
ftr-490	1331	49	the	the	DET
ftr-490	1331	50	meaning	meaning	NOUN
ftr-490	1331	51	of	of	ADP
ftr-490	1331	52	section	section	NOUN
ftr-490	1331	53	108(d)(3	108(d)(3	NUM
ftr-490	1331	54	)	)	PUNCT
ftr-490	1331	55	of	of	ADP
ftr-490	1331	56	the	the	DET
ftr-490	1331	57	code	code	NOUN
ftr-490	1331	58	,	,	PUNCT
ftr-490	1331	59	but	but	CCONJ
ftr-490	1332	1	[	[	X
ftr-490	1332	2	vol	vol	NOUN
ftr-490	1332	3	1:3	1:3	NUM
ftr-490	1332	4	tufts	tuft	NOUN
ftr-490	1332	5	atu	atu	VERB
ftr-490	1332	6	the	the	DET
ftr-490	1332	7	evolution	evolution	NOUN
ftr-490	1332	8	of	of	ADP
ftr-490	1332	9	debt	debt	NOUN
ftr-490	1332	10	-	-	PUNCT
ftr-490	1332	11	discharge	discharge	NOUN
ftr-490	1332	12	theory	theory	NOUN
ftr-490	1332	13	use	use	VERB
ftr-490	1332	14	the	the	DET
ftr-490	1332	15	deferral	deferral	ADJ
ftr-490	1332	16	mechanism	mechanism	NOUN
ftr-490	1332	17	in	in	ADP
ftr-490	1332	18	sections	section	NOUN
ftr-490	1332	19	108(a	108(a	NUM
ftr-490	1332	20	)	)	PUNCT
ftr-490	1332	21	and	and	CCONJ
ftr-490	1332	22	(	(	PUNCT
ftr-490	1332	23	b	b	X
ftr-490	1332	24	)	)	PUNCT
ftr-490	1332	25	(	(	PUNCT
ftr-490	1332	26	which	which	PRON
ftr-490	1332	27	could	could	AUX
ftr-490	1332	28	result	result	VERB
ftr-490	1332	29	in	in	ADP
ftr-490	1332	30	complete	complete	ADJ
ftr-490	1332	31	forgiveness	forgiveness	NOUN
ftr-490	1332	32	if	if	SCONJ
ftr-490	1332	33	the	the	DET
ftr-490	1332	34	taxpayer	taxpayer	NOUN
ftr-490	1332	35	had	have	VERB
ftr-490	1332	36	no	no	DET
ftr-490	1332	37	tax	tax	NOUN
ftr-490	1332	38	attributes	attribute	NOUN
ftr-490	1332	39	that	that	PRON
ftr-490	1332	40	could	could	AUX
ftr-490	1332	41	be	be	AUX
ftr-490	1332	42	reduced	reduce	VERB
ftr-490	1332	43	in	in	ADP
ftr-490	1332	44	lieu	lieu	NOUN
ftr-490	1332	45	of	of	ADP
ftr-490	1332	46	immediate	immediate	ADJ
ftr-490	1332	47	recognition	recognition	NOUN
ftr-490	1332	48	of	of	ADP
ftr-490	1332	49	the	the	DET
ftr-490	1332	50	cod	cod	NOUN
ftr-490	1332	51	income	income	NOUN
ftr-490	1332	52	)	)	PUNCT
ftr-490	1332	53	.	.	PUNCT
ftr-490	1333	1	"	"	PUNCT
ftr-490	1333	2	'	'	PUNCT
ftr-490	1333	3	if	if	SCONJ
ftr-490	1333	4	the	the	DET
ftr-490	1333	5	residence	residence	NOUN
ftr-490	1333	6	were	be	AUX
ftr-490	1333	7	considered	consider	VERB
ftr-490	1333	8	an	an	DET
ftr-490	1333	9	"	"	PUNCT
ftr-490	1333	10	asset	asset	NOUN
ftr-490	1333	11	"	"	PUNCT
ftr-490	1333	12	for	for	ADP
ftr-490	1333	13	this	this	DET
ftr-490	1333	14	purpose	purpose	NOUN
ftr-490	1333	15	,	,	PUNCT
ftr-490	1333	16	the	the	DET
ftr-490	1333	17	debtor	debtor	NOUN
ftr-490	1333	18	would	would	AUX
ftr-490	1333	19	not	not	PART
ftr-490	1333	20	be	be	AUX
ftr-490	1333	21	considered	consider	VERB
ftr-490	1333	22	insolvent	insolvent	ADJ
ftr-490	1333	23	,	,	PUNCT
ftr-490	1333	24	but	but	CCONJ
ftr-490	1333	25	if	if	SCONJ
ftr-490	1333	26	the	the	DET
ftr-490	1333	27	residence	residence	NOUN
ftr-490	1333	28	were	be	AUX
ftr-490	1333	29	not	not	PART
ftr-490	1333	30	considered	consider	VERB
ftr-490	1333	31	an	an	DET
ftr-490	1333	32	"	"	PUNCT
ftr-490	1333	33	+	+	ADJ
ftr-490	1333	34	asset	asset	NOUN
ftr-490	1333	35	"	"	PUNCT
ftr-490	1333	36	for	for	ADP
ftr-490	1333	37	this	this	DET
ftr-490	1333	38	purpose	purpose	NOUN
ftr-490	1333	39	,	,	PUNCT
ftr-490	1333	40	the	the	DET
ftr-490	1333	41	debtor	debtor	NOUN
ftr-490	1333	42	would	would	AUX
ftr-490	1333	43	be	be	AUX
ftr-490	1333	44	considered	consider	VERB
ftr-490	1333	45	insolvent	insolvent	ADJ
ftr-490	1333	46	.	.	PUNCT
ftr-490	1334	1	the	the	DET
ftr-490	1334	2	ruling	ruling	NOUN
ftr-490	1334	3	concluded	conclude	VERB
ftr-490	1334	4	that	that	SCONJ
ftr-490	1334	5	the	the	DET
ftr-490	1334	6	residence	residence	NOUN
ftr-490	1334	7	should	should	AUX
ftr-490	1334	8	not	not	PART
ftr-490	1334	9	be	be	AUX
ftr-490	1334	10	considered	consider	VERB
ftr-490	1334	11	an	an	DET
ftr-490	1334	12	"	"	PUNCT
ftr-490	1334	13	asset	asset	NOUN
ftr-490	1334	14	"	"	PUNCT
ftr-490	1334	15	for	for	ADP
ftr-490	1334	16	purposes	purpose	NOUN
ftr-490	1334	17	of	of	ADP
ftr-490	1334	18	testing	test	VERB
ftr-490	1334	19	insolvency	insolvency	NOUN
ftr-490	1334	20	by	by	ADP
ftr-490	1334	21	relying	rely	VERB
ftr-490	1334	22	on	on	ADP
ftr-490	1334	23	the	the	DET
ftr-490	1334	24	discredited	discredit	VERB
ftr-490	1334	25	freeing	free	VERB
ftr-490	1334	26	-	-	PUNCT
ftr-490	1334	27	up	up	ADP
ftr-490	1334	28	-	-	PUNCT
ftr-490	1334	29	of	of	ADP
ftr-490	1334	30	-	-	PUNCT
ftr-490	1334	31	assets	asset	NOUN
ftr-490	1334	32	rationale	rationale	NOUN
ftr-490	1334	33	for	for	ADP
ftr-490	1334	34	the	the	DET
ftr-490	1334	35	taxation	taxation	NOUN
ftr-490	1334	36	of	of	ADP
ftr-490	1334	37	cod	cod	NOUN
ftr-490	1334	38	income	income	NOUN
ftr-490	1334	39	in	in	ADP
ftr-490	1334	40	the	the	DET
ftr-490	1334	41	first	first	ADJ
ftr-490	1334	42	instance	instance	NOUN
ftr-490	1334	43	.	.	PUNCT
ftr-490	1335	1	"	"	PUNCT
ftr-490	1335	2	because	because	SCONJ
ftr-490	1335	3	the	the	DET
ftr-490	1335	4	rationale	rationale	NOUN
ftr-490	1335	5	for	for	ADP
ftr-490	1335	6	the	the	DET
ftr-490	1335	7	insolvency	insolvency	NOUN
ftr-490	1335	8	exception	exception	NOUN
ftr-490	1335	9	is	be	AUX
ftr-490	1335	10	that	that	SCONJ
ftr-490	1335	11	where	where	SCONJ
ftr-490	1335	12	no	no	DET
ftr-490	1335	13	assets	asset	NOUN
ftr-490	1335	14	are	be	AUX
ftr-490	1335	15	freed	free	VERB
ftr-490	1335	16	from	from	ADP
ftr-490	1335	17	claims	claim	NOUN
ftr-490	1335	18	of	of	ADP
ftr-490	1335	19	creditors	creditor	NOUN
ftr-490	1335	20	no	no	DET
ftr-490	1335	21	income	income	NOUN
ftr-490	1335	22	is	be	AUX
ftr-490	1335	23	realized	realize	VERB
ftr-490	1335	24	,	,	PUNCT
ftr-490	1335	25	only	only	ADV
ftr-490	1335	26	assets	asset	NOUN
ftr-490	1335	27	that	that	PRON
ftr-490	1335	28	are	be	AUX
ftr-490	1335	29	subject	subject	ADJ
ftr-490	1335	30	to	to	ADP
ftr-490	1335	31	claims	claim	NOUN
ftr-490	1335	32	of	of	ADP
ftr-490	1335	33	a	a	DET
ftr-490	1335	34	taxpayer	taxpayer	NOUN
ftr-490	1335	35	's	's	PART
ftr-490	1335	36	creditors	creditor	NOUN
ftr-490	1335	37	should	should	AUX
ftr-490	1335	38	be	be	AUX
ftr-490	1335	39	used	use	VERB
ftr-490	1335	40	to	to	PART
ftr-490	1335	41	determine	determine	VERB
ftr-490	1335	42	insolvency	insolvency	NOUN
ftr-490	1335	43	.	.	PUNCT
ftr-490	1336	1	"'12	"'12	PROPN
ftr-490	1336	2	because	because	SCONJ
ftr-490	1336	3	the	the	DET
ftr-490	1336	4	asset	asset	NOUN
ftr-490	1336	5	was	be	AUX
ftr-490	1336	6	exempt	exempt	ADJ
ftr-490	1336	7	from	from	ADP
ftr-490	1336	8	the	the	DET
ftr-490	1336	9	claims	claim	NOUN
ftr-490	1336	10	of	of	ADP
ftr-490	1336	11	creditors	creditor	NOUN
ftr-490	1336	12	under	under	ADP
ftr-490	1336	13	the	the	DET
ftr-490	1336	14	antideficiency	antideficiency	NOUN
ftr-490	1336	15	statute	statute	NOUN
ftr-490	1336	16	that	that	PRON
ftr-490	1336	17	created	create	VERB
ftr-490	1336	18	the	the	DET
ftr-490	1336	19	cod	cod	NOUN
ftr-490	1336	20	income	income	NOUN
ftr-490	1336	21	in	in	ADP
ftr-490	1336	22	the	the	DET
ftr-490	1336	23	first	first	ADJ
ftr-490	1336	24	instance	instance	NOUN
ftr-490	1336	25	(	(	PUNCT
ftr-490	1336	26	obviously	obviously	ADV
ftr-490	1336	27	a	a	DET
ftr-490	1336	28	bit	bit	NOUN
ftr-490	1336	29	circular	circular	ADJ
ftr-490	1336	30	)	)	PUNCT
ftr-490	1336	31	,	,	PUNCT
ftr-490	1336	32	the	the	DET
ftr-490	1336	33	ruling	ruling	NOUN
ftr-490	1336	34	reasoned	reason	VERB
ftr-490	1336	35	it	it	PRON
ftr-490	1336	36	should	should	AUX
ftr-490	1336	37	not	not	PART
ftr-490	1336	38	be	be	AUX
ftr-490	1336	39	considered	consider	VERB
ftr-490	1336	40	in	in	ADP
ftr-490	1336	41	determining	determine	VERB
ftr-490	1336	42	insolvency	insolvency	NOUN
ftr-490	1336	43	.	.	PUNCT
ftr-490	1337	1	3	3	NUM
ftr-490	1337	2	the	the	DET
ftr-490	1337	3	taxpayer	taxpayer	NOUN
ftr-490	1337	4	could	could	AUX
ftr-490	1337	5	thus	thus	ADV
ftr-490	1337	6	take	take	VERB
ftr-490	1337	7	advantage	advantage	NOUN
ftr-490	1337	8	of	of	ADP
ftr-490	1337	9	the	the	DET
ftr-490	1337	10	insolvency	insolvency	NOUN
ftr-490	1337	11	exclusion	exclusion	NOUN
ftr-490	1337	12	.	.	PUNCT
ftr-490	1338	1	there	there	PRON
ftr-490	1338	2	is	be	VERB
ftr-490	1338	3	much	much	ADJ
ftr-490	1338	4	to	to	PART
ftr-490	1338	5	consider	consider	VERB
ftr-490	1338	6	here	here	ADV
ftr-490	1338	7	beyond	beyond	ADP
ftr-490	1338	8	the	the	DET
ftr-490	1338	9	wiseness	wiseness	NOUN
ftr-490	1338	10	of	of	ADP
ftr-490	1338	11	the	the	DET
ftr-490	1338	12	conclusion	conclusion	NOUN
ftr-490	1338	13	that	that	SCONJ
ftr-490	1338	14	assets	asset	NOUN
ftr-490	1338	15	exempt	exempt	ADJ
ftr-490	1338	16	from	from	ADP
ftr-490	1338	17	creditors	creditor	NOUN
ftr-490	1338	18	under	under	ADP
ftr-490	1338	19	state	state	NOUN
ftr-490	1338	20	statutes	statute	NOUN
ftr-490	1338	21	should	should	AUX
ftr-490	1338	22	not	not	PART
ftr-490	1338	23	be	be	AUX
ftr-490	1338	24	considered	consider	VERB
ftr-490	1338	25	in	in	ADP
ftr-490	1338	26	determining	determine	VERB
ftr-490	1338	27	solvency	solvency	NOUN
ftr-490	1338	28	for	for	ADP
ftr-490	1338	29	purposes	purpose	NOUN
ftr-490	1338	30	of	of	ADP
ftr-490	1338	31	the	the	DET
ftr-490	1338	32	insolvency	insolvency	NOUN
ftr-490	1338	33	exclusion	exclusion	NOUN
ftr-490	1338	34	of	of	ADP
ftr-490	1338	35	federal	federal	ADJ
ftr-490	1338	36	tax	tax	NOUN
ftr-490	1338	37	law.1	law.1	PROPN
ftr-490	1338	38	4	4	NUM
ftr-490	1338	39	first	first	ADJ
ftr-490	1338	40	,	,	PUNCT
ftr-490	1338	41	why	why	SCONJ
ftr-490	1338	42	did	do	AUX
ftr-490	1338	43	the	the	DET
ftr-490	1338	44	antideficiency	antideficiency	NOUN
ftr-490	1338	45	statute	statute	NOUN
ftr-490	1338	46	not	not	PART
ftr-490	1338	47	make	make	VERB
ftr-490	1338	48	the	the	DET
ftr-490	1338	49	debt	debt	NOUN
ftr-490	1338	50	nononly	nononly	ADV
ftr-490	1338	51	to	to	ADP
ftr-490	1338	52	the	the	DET
ftr-490	1338	53	extent	extent	NOUN
ftr-490	1338	54	that	that	SCONJ
ftr-490	1338	55	the	the	DET
ftr-490	1338	56	excess	excess	ADJ
ftr-490	1338	57	nonrecourse	nonrecourse	NOUN
ftr-490	1338	58	debt	debt	NOUN
ftr-490	1338	59	is	be	AUX
ftr-490	1338	60	discharged	discharge	VERB
ftr-490	1338	61	.	.	PUNCT
ftr-490	1338	62	"	"	PUNCT
ftr-490	1338	63	rev	rev	PROPN
ftr-490	1338	64	.	.	PROPN
ftr-490	1339	1	rul	rul	NOUN
ftr-490	1339	2	.	.	PUNCT
ftr-490	1340	1	92	92	NUM
ftr-490	1340	2	-	-	SYM
ftr-490	1340	3	53	53	NUM
ftr-490	1340	4	,	,	PUNCT
ftr-490	1340	5	1992	1992	NUM
ftr-490	1340	6	-	-	SYM
ftr-490	1340	7	27	27	NUM
ftr-490	1340	8	i.r.b	i.r.b	NOUN
ftr-490	1340	9	.	.	PUNCT
ftr-490	1341	1	1	1	X
ftr-490	1341	2	.	.	X
ftr-490	1341	3	the	the	DET
ftr-490	1341	4	service	service	NOUN
ftr-490	1341	5	added	add	VERB
ftr-490	1341	6	that	that	SCONJ
ftr-490	1341	7	nonrecourse	nonrecourse	NOUN
ftr-490	1341	8	debt	debt	NOUN
ftr-490	1341	9	should	should	AUX
ftr-490	1341	10	also	also	ADV
ftr-490	1341	11	be	be	AUX
ftr-490	1341	12	treated	treat	VERB
ftr-490	1341	13	as	as	ADP
ftr-490	1341	14	a	a	DET
ftr-490	1341	15	liability	liability	NOUN
ftr-490	1341	16	in	in	ADP
ftr-490	1341	17	determining	determine	VERB
ftr-490	1341	18	insolvency	insolvency	NOUN
ftr-490	1341	19	to	to	ADP
ftr-490	1341	20	the	the	DET
ftr-490	1341	21	extent	extent	NOUN
ftr-490	1341	22	of	of	ADP
ftr-490	1341	23	the	the	DET
ftr-490	1341	24	fair	fair	ADJ
ftr-490	1341	25	market	market	NOUN
ftr-490	1341	26	value	value	NOUN
ftr-490	1341	27	of	of	ADP
ftr-490	1341	28	the	the	DET
ftr-490	1341	29	property	property	NOUN
ftr-490	1341	30	securing	secure	VERB
ftr-490	1341	31	the	the	DET
ftr-490	1341	32	debt	debt	NOUN
ftr-490	1341	33	.	.	PUNCT
ftr-490	1342	1	i	i	PRON
ftr-490	1342	2	d.	d.	PROPN
ftr-490	1342	3	181	181	NUM
ftr-490	1342	4	.	.	PUNCT
ftr-490	1343	1	see	see	VERB
ftr-490	1343	2	discussion	discussion	NOUN
ftr-490	1343	3	supra	supra	PROPN
ftr-490	1343	4	note	note	PROPN
ftr-490	1343	5	8	8	NUM
ftr-490	1343	6	(	(	PUNCT
ftr-490	1343	7	describing	describe	VERB
ftr-490	1343	8	the	the	DET
ftr-490	1343	9	deferral	deferral	ADJ
ftr-490	1343	10	mechanism	mechanism	NOUN
ftr-490	1343	11	under	under	ADP
ftr-490	1343	12	section	section	NOUN
ftr-490	1343	13	108(a	108(a	PROPN
ftr-490	1343	14	)	)	PUNCT
ftr-490	1343	15	)	)	PUNCT
ftr-490	1343	16	.	.	PUNCT
ftr-490	1344	1	182	182	NUM
ftr-490	1344	2	.	.	PUNCT
ftr-490	1345	1	i.r.s	i.r.s	PROPN
ftr-490	1345	2	.	.	PUNCT
ftr-490	1346	1	t.a.m	t.a.m	PROPN
ftr-490	1346	2	.	.	PROPN
ftr-490	1346	3	9130005	9130005	NUM
ftr-490	1347	1	(	(	PUNCT
ftr-490	1347	2	march	march	PROPN
ftr-490	1347	3	29	29	NUM
ftr-490	1347	4	.	.	PUNCT
ftr-490	1347	5	1991	1991	NUM
ftr-490	1347	6	)	)	PUNCT
ftr-490	1347	7	.	.	PUNCT
ftr-490	1348	1	183	183	NUM
ftr-490	1348	2	.	.	PUNCT
ftr-490	1349	1	the	the	DET
ftr-490	1349	2	ruling	ruling	NOUN
ftr-490	1349	3	is	be	AUX
ftr-490	1349	4	consistent	consistent	ADJ
ftr-490	1349	5	with	with	ADP
ftr-490	1349	6	other	other	ADJ
ftr-490	1349	7	rulings	ruling	NOUN
ftr-490	1349	8	and	and	CCONJ
ftr-490	1349	9	cases	case	NOUN
ftr-490	1349	10	similarly	similarly	ADV
ftr-490	1349	11	holding	hold	VERB
ftr-490	1349	12	that	that	SCONJ
ftr-490	1349	13	assets	asset	NOUN
ftr-490	1349	14	exempt	exempt	ADJ
ftr-490	1349	15	from	from	ADP
ftr-490	1349	16	the	the	DET
ftr-490	1349	17	claims	claim	NOUN
ftr-490	1349	18	of	of	ADP
ftr-490	1349	19	creditors	creditor	NOUN
ftr-490	1349	20	in	in	ADP
ftr-490	1349	21	whatever	whatever	DET
ftr-490	1349	22	state	state	NOUN
ftr-490	1349	23	in	in	ADP
ftr-490	1349	24	which	which	PRON
ftr-490	1349	25	the	the	DET
ftr-490	1349	26	debtor	debtor	NOUN
ftr-490	1349	27	happens	happen	VERB
ftr-490	1349	28	to	to	PART
ftr-490	1349	29	be	be	AUX
ftr-490	1349	30	residing	reside	VERB
ftr-490	1349	31	should	should	AUX
ftr-490	1349	32	not	not	PART
ftr-490	1349	33	be	be	AUX
ftr-490	1349	34	considered	consider	VERB
ftr-490	1349	35	an	an	DET
ftr-490	1349	36	"	"	PUNCT
ftr-490	1349	37	asset	asset	NOUN
ftr-490	1349	38	"	"	PUNCT
ftr-490	1349	39	in	in	ADP
ftr-490	1349	40	determining	determine	VERB
ftr-490	1349	41	insolvency	insolvency	NOUN
ftr-490	1349	42	under	under	ADP
ftr-490	1349	43	section	section	NOUN
ftr-490	1349	44	108(d)(3	108(d)(3	NUM
ftr-490	1349	45	)	)	PUNCT
ftr-490	1349	46	.	.	PUNCT
ftr-490	1350	1	see	see	VERB
ftr-490	1350	2	,	,	PUNCT
ftr-490	1350	3	e.g.	e.g.	ADV
ftr-490	1350	4	,	,	PUNCT
ftr-490	1350	5	marcus	marcus	PROPN
ftr-490	1350	6	estate	estate	PROPN
ftr-490	1350	7	v.	v.	PROPN
ftr-490	1350	8	commissioner	commissioner	PROPN
ftr-490	1350	9	,	,	PUNCT
ftr-490	1350	10	34	34	NUM
ftr-490	1350	11	t.c.m	t.c.m	NOUN
ftr-490	1350	12	.	.	PUNCT
ftr-490	1351	1	(	(	PUNCT
ftr-490	1351	2	cch	cch	NOUN
ftr-490	1351	3	)	)	PUNCT
ftr-490	1351	4	38	38	NUM
ftr-490	1351	5	.	.	PUNCT
ftr-490	1352	1	41	41	NUM
ftr-490	1352	2	.	.	PUNCT
ftr-490	1353	1	t.c.m	t.c.m	INTJ
ftr-490	1353	2	.	.	PUNCT
ftr-490	1354	1	(	(	PUNCT
ftr-490	1354	2	p	p	NOUN
ftr-490	1354	3	-	-	PUNCT
ftr-490	1354	4	h	h	NOUN
ftr-490	1354	5	)	)	PUNCT
ftr-490	1354	6	75,009	75,009	NUM
ftr-490	1354	7	at	at	ADP
ftr-490	1354	8	43	43	NUM
ftr-490	1354	9	(	(	PUNCT
ftr-490	1354	10	1975	1975	NUM
ftr-490	1354	11	)	)	PUNCT
ftr-490	1355	1	;	;	PUNCT
ftr-490	1355	2	davis	davis	PROPN
ftr-490	1355	3	v.	v.	PROPN
ftr-490	1355	4	commissioner	commissioner	PROPN
ftr-490	1355	5	,	,	PUNCT
ftr-490	1355	6	69	69	NUM
ftr-490	1355	7	t.c	t.c	PROPN
ftr-490	1355	8	.	.	PROPN
ftr-490	1355	9	814	814	NUM
ftr-490	1355	10	(	(	PUNCT
ftr-490	1355	11	1978	1978	NUM
ftr-490	1355	12	)	)	PUNCT
ftr-490	1355	13	;	;	PUNCT
ftr-490	1356	1	hunt	hunt	NOUN
ftr-490	1356	2	v.	v.	ADP
ftr-490	1356	3	commissioner	commissioner	PROPN
ftr-490	1356	4	,	,	PUNCT
ftr-490	1356	5	57	57	NUM
ftr-490	1356	6	t.c.m	t.c.m	NOUN
ftr-490	1356	7	.	.	PUNCT
ftr-490	1357	1	(	(	PUNCT
ftr-490	1357	2	cch	cch	NOUN
ftr-490	1357	3	)	)	PUNCT
ftr-490	1357	4	919	919	NUM
ftr-490	1357	5	,	,	PUNCT
ftr-490	1357	6	946	946	NUM
ftr-490	1357	7	,	,	PUNCT
ftr-490	1357	8	t.c.m	t.c.m	NOUN
ftr-490	1357	9	.	.	PUNCT
ftr-490	1358	1	(	(	PUNCT
ftr-490	1358	2	p	p	NOUN
ftr-490	1358	3	-	-	PUNCT
ftr-490	1358	4	h	h	NOUN
ftr-490	1358	5	)	)	PUNCT
ftr-490	1358	6	1	1	NUM
ftr-490	1358	7	89,335	89,335	NUM
ftr-490	1358	8	at	at	ADP
ftr-490	1358	9	1700	1700	NUM
ftr-490	1358	10	(	(	PUNCT
ftr-490	1358	11	1989	1989	NUM
ftr-490	1358	12	)	)	PUNCT
ftr-490	1358	13	.	.	PUNCT
ftr-490	1359	1	priv	priv	PROPN
ftr-490	1359	2	.	.	PUNCT
ftr-490	1360	1	let	let	VERB
ftr-490	1360	2	.	.	PUNCT
ftr-490	1361	1	rul	rul	NOUN
ftr-490	1361	2	.	.	PUNCT
ftr-490	1362	1	9125010	9125010	NUM
ftr-490	1362	2	(	(	PUNCT
ftr-490	1362	3	march	march	PROPN
ftr-490	1362	4	19	19	NUM
ftr-490	1362	5	,	,	PUNCT
ftr-490	1362	6	1991	1991	NUM
ftr-490	1362	7	)	)	PUNCT
ftr-490	1362	8	(	(	PUNCT
ftr-490	1362	9	all	all	PRON
ftr-490	1362	10	discussed	discuss	VERB
ftr-490	1362	11	in	in	ADP
ftr-490	1362	12	sheppard	sheppard	NOUN
ftr-490	1362	13	,	,	PUNCT
ftr-490	1362	14	supra	supra	PROPN
ftr-490	1362	15	note	note	NOUN
ftr-490	1362	16	152	152	NUM
ftr-490	1362	17	,	,	PUNCT
ftr-490	1362	18	at	at	ADP
ftr-490	1362	19	787	787	NUM
ftr-490	1362	20	)	)	PUNCT
ftr-490	1362	21	.	.	PUNCT
ftr-490	1363	1	184	184	NUM
ftr-490	1363	2	.	.	PUNCT
ftr-490	1364	1	relying	rely	VERB
ftr-490	1364	2	as	as	SCONJ
ftr-490	1364	3	it	it	PRON
ftr-490	1364	4	does	do	VERB
ftr-490	1364	5	on	on	ADP
ftr-490	1364	6	the	the	DET
ftr-490	1364	7	outdated	outdated	ADJ
ftr-490	1364	8	freeing	freeing	NOUN
ftr-490	1364	9	-	-	PUNCT
ftr-490	1364	10	up	up	ADP
ftr-490	1364	11	-	-	PUNCT
ftr-490	1364	12	of	of	ADP
ftr-490	1364	13	-	-	PUNCT
ftr-490	1364	14	assets	asset	NOUN
ftr-490	1364	15	rationale	rationale	NOUN
ftr-490	1364	16	underlying	underlie	VERB
ftr-490	1364	17	cod	cod	NOUN
ftr-490	1364	18	-	-	PUNCT
ftr-490	1364	19	income	income	NOUN
ftr-490	1364	20	theory	theory	NOUN
ftr-490	1364	21	,	,	PUNCT
ftr-490	1364	22	the	the	DET
ftr-490	1364	23	ruling	ruling	NOUN
ftr-490	1364	24	's	's	PART
ftr-490	1364	25	position	position	NOUN
ftr-490	1364	26	has	have	AUX
ftr-490	1364	27	been	be	AUX
ftr-490	1364	28	criticized	criticize	VERB
ftr-490	1364	29	and	and	CCONJ
ftr-490	1364	30	is	be	AUX
ftr-490	1364	31	purportedly	purportedly	ADV
ftr-490	1364	32	under	under	ADP
ftr-490	1364	33	reconsideration	reconsideration	NOUN
ftr-490	1364	34	.	.	PUNCT
ftr-490	1365	1	see	see	VERB
ftr-490	1365	2	sheppard	sheppard	NOUN
ftr-490	1365	3	,	,	PUNCT
ftr-490	1365	4	supra	supra	PROPN
ftr-490	1365	5	note	note	NOUN
ftr-490	1365	6	152	152	NUM
ftr-490	1365	7	,	,	PUNCT
ftr-490	1365	8	at	at	ADP
ftr-490	1365	9	787	787	NUM
ftr-490	1365	10	(	(	PUNCT
ftr-490	1365	11	reporting	report	VERB
ftr-490	1365	12	that	that	SCONJ
ftr-490	1365	13	mary	mary	PROPN
ftr-490	1365	14	harmon	harmon	PROPN
ftr-490	1365	15	.	.	PUNCT
ftr-490	1366	1	special	special	ADJ
ftr-490	1366	2	assistant	assistant	NOUN
ftr-490	1366	3	to	to	ADP
ftr-490	1366	4	the	the	DET
ftr-490	1366	5	internal	internal	ADJ
ftr-490	1366	6	revenue	revenue	NOUN
ftr-490	1366	7	service	service	NOUN
ftr-490	1366	8	chief	chief	NOUN
ftr-490	1366	9	counsel	counsel	NOUN
ftr-490	1366	10	,	,	PUNCT
ftr-490	1366	11	"	"	PUNCT
ftr-490	1366	12	stated	state	VERB
ftr-490	1366	13	that	that	SCONJ
ftr-490	1366	14	the	the	DET
ftr-490	1366	15	chief	chief	ADJ
ftr-490	1366	16	counsel	counsel	NOUN
ftr-490	1366	17	's	's	PART
ftr-490	1366	18	office	office	NOUN
ftr-490	1366	19	is	be	AUX
ftr-490	1366	20	re	re	VERB
ftr-490	1366	21	-	-	VERB
ftr-490	1366	22	examining	examine	VERB
ftr-490	1366	23	the	the	DET
ftr-490	1366	24	letter	letter	NOUN
ftr-490	1366	25	rulings	ruling	NOUN
ftr-490	1366	26	in	in	ADP
ftr-490	1366	27	light	light	NOUN
ftr-490	1366	28	of	of	ADP
ftr-490	1366	29	the	the	DET
ftr-490	1366	30	demise	demise	NOUN
ftr-490	1366	31	of	of	ADP
ftr-490	1366	32	the	the	DET
ftr-490	1366	33	freeing	free	VERB
ftr-490	1366	34	-	-	PUNCT
ftr-490	1366	35	of	of	ADP
ftr-490	1366	36	-	-	PUNCT
ftr-490	1366	37	assets	asset	NOUN
ftr-490	1366	38	theory	theory	NOUN
ftr-490	1366	39	"	"	PUNCT
ftr-490	1366	40	)	)	PUNCT
ftr-490	1366	41	.	.	PUNCT
ftr-490	1367	1	the	the	DET
ftr-490	1367	2	rationale	rationale	NOUN
ftr-490	1367	3	for	for	ADP
ftr-490	1367	4	the	the	DET
ftr-490	1367	5	insolvency	insolvency	NOUN
ftr-490	1367	6	exclusion	exclusion	NOUN
ftr-490	1367	7	now	now	ADV
ftr-490	1367	8	rests	rest	VERB
ftr-490	1367	9	on	on	ADP
ftr-490	1367	10	a	a	DET
ftr-490	1367	11	don't	don't	ADV
ftr-490	1367	12	-	-	PUNCT
ftr-490	1367	13	kick	kick	VERB
ftr-490	1367	14	-	-	PUNCT
ftr-490	1367	15	them	they	PRON
ftr-490	1367	16	-	-	PUNCT
ftr-490	1367	17	when	when	ADV
ftr-490	1367	18	-	-	PUNCT
ftr-490	1367	19	they	they	PRON
ftr-490	1367	20	-	-	PUNCT
ftr-490	1367	21	are	be	AUX
ftr-490	1367	22	-	-	PUNCT
ftr-490	1367	23	down	down	ADP
ftr-490	1367	24	rationale	rationale	NOUN
ftr-490	1367	25	.	.	PUNCT
ftr-490	1368	1	see	see	VERB
ftr-490	1368	2	discussion	discussion	NOUN
ftr-490	1368	3	supra	supra	PROPN
ftr-490	1368	4	note	note	PROPN
ftr-490	1368	5	8	8	NUM
ftr-490	1368	6	.	.	PUNCT
ftr-490	1369	1	cod	cod	NOUN
ftr-490	1369	2	income	income	NOUN
ftr-490	1369	3	is	be	AUX
ftr-490	1369	4	undoubtedly	undoubtedly	ADV
ftr-490	1369	5	realized	realize	VERB
ftr-490	1369	6	by	by	ADP
ftr-490	1369	7	insolvent	insolvent	ADJ
ftr-490	1369	8	debtors	debtor	NOUN
ftr-490	1369	9	on	on	ADP
ftr-490	1369	10	the	the	DET
ftr-490	1369	11	discharge	discharge	NOUN
ftr-490	1369	12	of	of	ADP
ftr-490	1369	13	indebtedness	indebtedness	NOUN
ftr-490	1369	14	under	under	ADP
ftr-490	1369	15	the	the	DET
ftr-490	1369	16	symmetry	symmetry	NOUN
ftr-490	1369	17	or	or	CCONJ
ftr-490	1369	18	tax	tax	NOUN
ftr-490	1369	19	-	-	PUNCT
ftr-490	1369	20	benefit	benefit	NOUN
ftr-490	1369	21	rationale	rationale	NOUN
ftr-490	1369	22	,	,	PUNCT
ftr-490	1369	23	but	but	CCONJ
ftr-490	1369	24	deferral	deferral	NOUN
ftr-490	1369	25	of	of	ADP
ftr-490	1369	26	the	the	DET
ftr-490	1369	27	tax	tax	NOUN
ftr-490	1369	28	bill	bill	NOUN
ftr-490	1369	29	until	until	ADP
ftr-490	1369	30	some	some	DET
ftr-490	1369	31	point	point	NOUN
ftr-490	1369	32	in	in	ADP
ftr-490	1369	33	the	the	DET
ftr-490	1369	34	future	future	NOUN
ftr-490	1369	35	is	be	AUX
ftr-490	1369	36	thought	think	VERB
ftr-490	1369	37	to	to	PART
ftr-490	1369	38	allow	allow	VERB
ftr-490	1369	39	some	some	DET
ftr-490	1369	40	debtors	debtor	NOUN
ftr-490	1369	41	to	to	PART
ftr-490	1369	42	stay	stay	VERB
ftr-490	1369	43	afloat	afloat	ADJ
ftr-490	1369	44	.	.	PUNCT
ftr-490	1370	1	the	the	DET
ftr-490	1370	2	mechanism	mechanism	NOUN
ftr-490	1370	3	is	be	AUX
ftr-490	1370	4	,	,	PUNCT
ftr-490	1370	5	admittedly	admittedly	ADV
ftr-490	1370	6	,	,	PUNCT
ftr-490	1370	7	imperfect	imperfect	ADJ
ftr-490	1370	8	.	.	PUNCT
ftr-490	1371	1	it	it	PRON
ftr-490	1371	2	fails	fail	VERB
ftr-490	1371	3	to	to	PART
ftr-490	1371	4	ever	ever	ADV
ftr-490	1371	5	tax	tax	VERB
ftr-490	1371	6	cod	cod	NOUN
ftr-490	1371	7	income	income	NOUN
ftr-490	1371	8	of	of	ADP
ftr-490	1371	9	insolvent	insolvent	ADJ
ftr-490	1371	10	19921	19921	NUM
ftr-490	1371	11	florida	florida	PROPN
ftr-490	1371	12	tax	tax	NOUN
ftr-490	1371	13	review	review	NOUN
ftr-490	1371	14	recourse	recourse	NOUN
ftr-490	1371	15	,	,	PUNCT
ftr-490	1371	16	which	which	PRON
ftr-490	1371	17	(	(	PUNCT
ftr-490	1371	18	under	under	ADP
ftr-490	1371	19	the	the	DET
ftr-490	1371	20	collapsed	collapse	VERB
ftr-490	1371	21	approach	approach	NOUN
ftr-490	1371	22	)	)	PUNCT
ftr-490	1371	23	would	would	AUX
ftr-490	1371	24	not	not	PART
ftr-490	1371	25	produce	produce	VERB
ftr-490	1371	26	cod	cod	NOUN
ftr-490	1371	27	income	income	NOUN
ftr-490	1371	28	?	?	PUNCT
ftr-490	1372	1	what	what	PRON
ftr-490	1372	2	is	be	AUX
ftr-490	1372	3	nonrecourse	nonrecourse	ADJ
ftr-490	1372	4	debt	debt	NOUN
ftr-490	1372	5	but	but	CCONJ
ftr-490	1372	6	debt	debt	NOUN
ftr-490	1372	7	that	that	PRON
ftr-490	1372	8	deprives	deprive	VERB
ftr-490	1372	9	the	the	DET
ftr-490	1372	10	creditor	creditor	NOUN
ftr-490	1372	11	of	of	ADP
ftr-490	1372	12	recourse	recourse	NOUN
ftr-490	1372	13	to	to	ADP
ftr-490	1372	14	assets	asset	NOUN
ftr-490	1372	15	beyond	beyond	ADP
ftr-490	1372	16	the	the	DET
ftr-490	1372	17	securing	securing	NOUN
ftr-490	1372	18	collateral	collateral	NOUN
ftr-490	1372	19	for	for	ADP
ftr-490	1372	20	satisfaction	satisfaction	NOUN
ftr-490	1372	21	of	of	ADP
ftr-490	1372	22	the	the	DET
ftr-490	1372	23	debt	debt	NOUN
ftr-490	1372	24	?	?	PUNCT
ftr-490	1373	1	should	should	AUX
ftr-490	1373	2	the	the	DET
ftr-490	1373	3	loan	loan	NOUN
ftr-490	1373	4	papers	paper	NOUN
ftr-490	1373	5	alone	alone	ADV
ftr-490	1373	6	determine	determine	VERB
ftr-490	1373	7	whether	whether	SCONJ
ftr-490	1373	8	debt	debt	NOUN
ftr-490	1373	9	is	be	AUX
ftr-490	1373	10	"	"	PUNCT
ftr-490	1373	11	nonrecourse	nonrecourse	NOUN
ftr-490	1373	12	"	"	PUNCT
ftr-490	1373	13	or	or	CCONJ
ftr-490	1373	14	"	"	PUNCT
ftr-490	1373	15	recourse	recourse	NOUN
ftr-490	1373	16	"	"	PUNCT
ftr-490	1373	17	when	when	SCONJ
ftr-490	1373	18	so	so	ADV
ftr-490	1373	19	much	much	ADJ
ftr-490	1373	20	is	be	AUX
ftr-490	1373	21	at	at	ADP
ftr-490	1373	22	stake	stake	NOUN
ftr-490	1373	23	for	for	ADP
ftr-490	1373	24	tax	tax	NOUN
ftr-490	1373	25	purposes	purpose	NOUN
ftr-490	1373	26	depending	depend	VERB
ftr-490	1373	27	on	on	ADP
ftr-490	1373	28	which	which	DET
ftr-490	1373	29	label	label	NOUN
ftr-490	1373	30	applies	apply	VERB
ftr-490	1373	31	?	?	PUNCT
ftr-490	1374	1	in	in	ADP
ftr-490	1374	2	freeland	freeland	NOUN
ftr-490	1374	3	v.	v.	ADP
ftr-490	1374	4	commissioner,185	commissioner,185	NOUN
ftr-490	1374	5	the	the	DET
ftr-490	1374	6	debtor	debtor	NOUN
ftr-490	1374	7	bought	buy	VERB
ftr-490	1374	8	unimproved	unimproved	ADJ
ftr-490	1374	9	california	california	PROPN
ftr-490	1374	10	real	real	ADJ
ftr-490	1374	11	estate	estate	NOUN
ftr-490	1374	12	for	for	ADP
ftr-490	1374	13	$	$	SYM
ftr-490	1374	14	50,000	50,000	NUM
ftr-490	1374	15	by	by	ADP
ftr-490	1374	16	paying	pay	VERB
ftr-490	1374	17	$	$	SYM
ftr-490	1374	18	9,000	9,000	NUM
ftr-490	1374	19	in	in	ADP
ftr-490	1374	20	cash	cash	NOUN
ftr-490	1374	21	and	and	CCONJ
ftr-490	1374	22	giving	give	VERB
ftr-490	1374	23	a	a	DET
ftr-490	1374	24	purchase	purchase	NOUN
ftr-490	1374	25	-	-	PUNCT
ftr-490	1374	26	money	money	NOUN
ftr-490	1374	27	mortgage	mortgage	NOUN
ftr-490	1374	28	for	for	ADP
ftr-490	1374	29	the	the	DET
ftr-490	1374	30	remaining	remain	VERB
ftr-490	1374	31	$	$	SYM
ftr-490	1374	32	41,000	41,000	NUM
ftr-490	1374	33	.	.	PUNCT
ftr-490	1375	1	the	the	DET
ftr-490	1375	2	debtor	debtor	NOUN
ftr-490	1375	3	eventually	eventually	ADV
ftr-490	1375	4	transferred	transfer	VERB
ftr-490	1375	5	the	the	DET
ftr-490	1375	6	property	property	NOUN
ftr-490	1375	7	back	back	ADV
ftr-490	1375	8	to	to	ADP
ftr-490	1375	9	the	the	DET
ftr-490	1375	10	vendor	vendor	NOUN
ftr-490	1375	11	-	-	PUNCT
ftr-490	1375	12	creditor	creditor	NOUN
ftr-490	1375	13	by	by	ADP
ftr-490	1375	14	quitclaim	quitclaim	NOUN
ftr-490	1375	15	deed	deed	NOUN
ftr-490	1375	16	prior	prior	ADV
ftr-490	1375	17	to	to	ADP
ftr-490	1375	18	the	the	DET
ftr-490	1375	19	institution	institution	NOUN
ftr-490	1375	20	of	of	ADP
ftr-490	1375	21	foreclosure	foreclosure	NOUN
ftr-490	1375	22	proceedings	proceeding	NOUN
ftr-490	1375	23	at	at	ADP
ftr-490	1375	24	a	a	DET
ftr-490	1375	25	time	time	NOUN
ftr-490	1375	26	when	when	SCONJ
ftr-490	1375	27	the	the	DET
ftr-490	1375	28	property	property	NOUN
ftr-490	1375	29	's	's	PART
ftr-490	1375	30	value	value	NOUN
ftr-490	1375	31	had	have	AUX
ftr-490	1375	32	fallen	fall	VERB
ftr-490	1375	33	to	to	ADP
ftr-490	1375	34	$	$	SYM
ftr-490	1375	35	27,000	27,000	NUM
ftr-490	1375	36	and	and	CCONJ
ftr-490	1375	37	the	the	DET
ftr-490	1375	38	indebtedness	indebtedness	NOUN
ftr-490	1375	39	remained	remain	VERB
ftr-490	1375	40	at	at	ADP
ftr-490	1375	41	$	$	SYM
ftr-490	1375	42	41,000	41,000	NUM
ftr-490	1375	43	.	.	PUNCT
ftr-490	1376	1	a	a	DET
ftr-490	1376	2	california	california	PROPN
ftr-490	1376	3	antideficiency	antideficiency	PROPN
ftr-490	1376	4	statute	statute	NOUN
ftr-490	1376	5	prevented	prevent	VERB
ftr-490	1376	6	the	the	DET
ftr-490	1376	7	vendor	vendor	NOUN
ftr-490	1376	8	-	-	PUNCT
ftr-490	1376	9	creditor	creditor	NOUN
ftr-490	1376	10	from	from	ADP
ftr-490	1376	11	pursuing	pursue	VERB
ftr-490	1376	12	the	the	DET
ftr-490	1376	13	deficiency	deficiency	NOUN
ftr-490	1376	14	.	.	PUNCT
ftr-490	1377	1	86	86	NUM
ftr-490	1378	1	the	the	DET
ftr-490	1378	2	opinion	opinion	NOUN
ftr-490	1378	3	states	state	NOUN
ftr-490	1378	4	,	,	PUNCT
ftr-490	1378	5	"	"	PUNCT
ftr-490	1378	6	it	it	PRON
ftr-490	1378	7	is	be	AUX
ftr-490	1378	8	conceded	concede	VERB
ftr-490	1378	9	that	that	SCONJ
ftr-490	1378	10	by	by	ADP
ftr-490	1378	11	application	application	NOUN
ftr-490	1378	12	of	of	ADP
ftr-490	1378	13	...	...	PUNCT
ftr-490	1379	1	[	[	X
ftr-490	1379	2	the	the	DET
ftr-490	1379	3	antideficiency	antideficiency	NOUN
ftr-490	1379	4	statute	statute	PROPN
ftr-490	1379	5	]	]	PUNCT
ftr-490	1379	6	,	,	PUNCT
ftr-490	1379	7	the	the	DET
ftr-490	1379	8	note	note	NOUN
ftr-490	1379	9	in	in	ADP
ftr-490	1379	10	the	the	DET
ftr-490	1379	11	instant	instant	ADJ
ftr-490	1379	12	case	case	NOUN
ftr-490	1379	13	was	be	AUX
ftr-490	1379	14	secured	secure	VERB
ftr-490	1379	15	only	only	ADV
ftr-490	1379	16	by	by	ADP
ftr-490	1379	17	the	the	DET
ftr-490	1379	18	property	property	NOUN
ftr-490	1379	19	and	and	CCONJ
ftr-490	1379	20	not	not	PART
ftr-490	1379	21	by	by	ADP
ftr-490	1379	22	the	the	DET
ftr-490	1379	23	personal	personal	ADJ
ftr-490	1379	24	liability	liability	NOUN
ftr-490	1379	25	of	of	ADP
ftr-490	1379	26	petitioner	petitioner	NOUN
ftr-490	1379	27	.	.	PUNCT
ftr-490	1380	1	"'8	"'8	PROPN
ftr-490	1380	2	7	7	NUM
ftr-490	1380	3	the	the	DET
ftr-490	1380	4	opinion	opinion	NOUN
ftr-490	1380	5	considered	consider	VERB
ftr-490	1380	6	only	only	ADV
ftr-490	1380	7	whether	whether	SCONJ
ftr-490	1380	8	the	the	DET
ftr-490	1380	9	conveyance	conveyance	NOUN
ftr-490	1380	10	by	by	ADP
ftr-490	1380	11	the	the	DET
ftr-490	1380	12	debtor	debtor	NOUN
ftr-490	1380	13	to	to	ADP
ftr-490	1380	14	the	the	DET
ftr-490	1380	15	vendordebtors	vendordebtor	NOUN
ftr-490	1380	16	who	who	PRON
ftr-490	1380	17	happen	happen	VERB
ftr-490	1380	18	not	not	PART
ftr-490	1380	19	to	to	PART
ftr-490	1380	20	have	have	VERB
ftr-490	1380	21	any	any	PRON
ftr-490	1380	22	of	of	ADP
ftr-490	1380	23	the	the	DET
ftr-490	1380	24	tax	tax	NOUN
ftr-490	1380	25	attributes	attribute	NOUN
ftr-490	1380	26	that	that	PRON
ftr-490	1380	27	could	could	AUX
ftr-490	1380	28	preserve	preserve	VERB
ftr-490	1380	29	the	the	DET
ftr-490	1380	30	income	income	NOUN
ftr-490	1380	31	recognition	recognition	NOUN
ftr-490	1380	32	for	for	ADP
ftr-490	1380	33	some	some	DET
ftr-490	1380	34	future	future	ADJ
ftr-490	1380	35	point	point	NOUN
ftr-490	1380	36	.	.	PUNCT
ftr-490	1381	1	moreover	moreover	ADV
ftr-490	1381	2	,	,	PUNCT
ftr-490	1381	3	by	by	ADP
ftr-490	1381	4	failing	fail	VERB
ftr-490	1381	5	to	to	PART
ftr-490	1381	6	include	include	VERB
ftr-490	1381	7	an	an	DET
ftr-490	1381	8	interest	interest	NOUN
ftr-490	1381	9	component	component	NOUN
ftr-490	1381	10	similar	similar	ADJ
ftr-490	1381	11	to	to	ADP
ftr-490	1381	12	that	that	PRON
ftr-490	1381	13	found	find	VERB
ftr-490	1381	14	in	in	ADP
ftr-490	1381	15	section	section	NOUN
ftr-490	1381	16	453a	453a	NOUN
ftr-490	1381	17	pertaining	pertain	VERB
ftr-490	1381	18	to	to	PART
ftr-490	1381	19	income	income	VERB
ftr-490	1381	20	deferred	defer	VERB
ftr-490	1381	21	under	under	ADP
ftr-490	1381	22	the	the	DET
ftr-490	1381	23	installment	installment	NOUN
ftr-490	1381	24	method	method	NOUN
ftr-490	1381	25	,	,	PUNCT
ftr-490	1381	26	it	it	PRON
ftr-490	1381	27	fails	fail	VERB
ftr-490	1381	28	to	to	PART
ftr-490	1381	29	take	take	VERB
ftr-490	1381	30	account	account	NOUN
ftr-490	1381	31	of	of	ADP
ftr-490	1381	32	the	the	DET
ftr-490	1381	33	substantial	substantial	ADJ
ftr-490	1381	34	tax	tax	NOUN
ftr-490	1381	35	savings	saving	NOUN
ftr-490	1381	36	that	that	PRON
ftr-490	1381	37	arise	arise	VERB
ftr-490	1381	38	solely	solely	ADV
ftr-490	1381	39	because	because	SCONJ
ftr-490	1381	40	of	of	ADP
ftr-490	1381	41	the	the	DET
ftr-490	1381	42	income	income	NOUN
ftr-490	1381	43	deferral	deferral	NOUN
ftr-490	1381	44	.	.	PUNCT
ftr-490	1382	1	perhaps	perhaps	ADV
ftr-490	1382	2	one	one	PRON
ftr-490	1382	3	could	could	AUX
ftr-490	1382	4	defend	defend	VERB
ftr-490	1382	5	the	the	DET
ftr-490	1382	6	ruling	ruling	NOUN
ftr-490	1382	7	's	's	PART
ftr-490	1382	8	position	position	NOUN
ftr-490	1382	9	(	(	PUNCT
ftr-490	1382	10	halfheartedly	halfheartedly	ADV
ftr-490	1382	11	at	at	ADP
ftr-490	1382	12	least	least	ADJ
ftr-490	1382	13	)	)	PUNCT
ftr-490	1382	14	even	even	ADV
ftr-490	1382	15	under	under	ADP
ftr-490	1382	16	the	the	DET
ftr-490	1382	17	don't	don't	ADV
ftr-490	1382	18	-	-	PUNCT
ftr-490	1382	19	kick	kick	VERB
ftr-490	1382	20	-	-	PUNCT
ftr-490	1382	21	them	they	PRON
ftr-490	1382	22	-	-	PUNCT
ftr-490	1382	23	when	when	ADV
ftr-490	1382	24	-	-	PUNCT
ftr-490	1382	25	they	they	PRON
ftr-490	1382	26	-	-	PUNCT
ftr-490	1382	27	are	be	AUX
ftr-490	1382	28	-	-	PUNCT
ftr-490	1382	29	down	down	ADP
ftr-490	1382	30	rationale	rationale	NOUN
ftr-490	1382	31	for	for	ADP
ftr-490	1382	32	the	the	DET
ftr-490	1382	33	insolvency	insolvency	NOUN
ftr-490	1382	34	exclusion	exclusion	NOUN
ftr-490	1382	35	.	.	PUNCT
ftr-490	1383	1	the	the	DET
ftr-490	1383	2	exclusion	exclusion	NOUN
ftr-490	1383	3	,	,	PUNCT
ftr-490	1383	4	premised	premise	VERB
ftr-490	1383	5	on	on	ADP
ftr-490	1383	6	an	an	DET
ftr-490	1383	7	inability	inability	NOUN
ftr-490	1383	8	to	to	PART
ftr-490	1383	9	pay	pay	VERB
ftr-490	1383	10	,	,	PUNCT
ftr-490	1383	11	may	may	AUX
ftr-490	1383	12	be	be	AUX
ftr-490	1383	13	warranted	warrant	VERB
ftr-490	1383	14	if	if	SCONJ
ftr-490	1383	15	the	the	DET
ftr-490	1383	16	assets	asset	NOUN
ftr-490	1383	17	protected	protect	VERB
ftr-490	1383	18	by	by	ADP
ftr-490	1383	19	state	state	NOUN
ftr-490	1383	20	statutes	statute	NOUN
ftr-490	1383	21	are	be	AUX
ftr-490	1383	22	the	the	DET
ftr-490	1383	23	bare	bare	ADJ
ftr-490	1383	24	necessities	necessity	NOUN
ftr-490	1383	25	needed	need	VERB
ftr-490	1383	26	for	for	ADP
ftr-490	1383	27	life	life	NOUN
ftr-490	1383	28	,	,	PUNCT
ftr-490	1383	29	such	such	ADJ
ftr-490	1383	30	as	as	ADP
ftr-490	1383	31	personal	personal	ADJ
ftr-490	1383	32	belongings	belonging	NOUN
ftr-490	1383	33	and	and	CCONJ
ftr-490	1383	34	modest	modest	ADJ
ftr-490	1383	35	residences	residence	NOUN
ftr-490	1383	36	.	.	PUNCT
ftr-490	1384	1	perhaps	perhaps	ADV
ftr-490	1384	2	the	the	DET
ftr-490	1384	3	tax	tax	NOUN
ftr-490	1384	4	law	law	NOUN
ftr-490	1384	5	ought	ought	AUX
ftr-490	1384	6	not	not	PART
ftr-490	1384	7	require	require	VERB
ftr-490	1384	8	immediate	immediate	ADJ
ftr-490	1384	9	payment	payment	NOUN
ftr-490	1384	10	of	of	ADP
ftr-490	1384	11	the	the	DET
ftr-490	1384	12	tax	tax	NOUN
ftr-490	1384	13	bill	bill	NOUN
ftr-490	1384	14	,	,	PUNCT
ftr-490	1384	15	allow	allow	VERB
ftr-490	1384	16	deferral	deferral	ADJ
ftr-490	1384	17	until	until	ADP
ftr-490	1384	18	some	some	DET
ftr-490	1384	19	point	point	NOUN
ftr-490	1384	20	in	in	ADP
ftr-490	1384	21	the	the	DET
ftr-490	1384	22	future	future	NOUN
ftr-490	1384	23	when	when	SCONJ
ftr-490	1384	24	the	the	DET
ftr-490	1384	25	debtor	debtor	NOUN
ftr-490	1384	26	is	be	AUX
ftr-490	1384	27	presumably	presumably	ADV
ftr-490	1384	28	in	in	ADP
ftr-490	1384	29	better	well	ADJ
ftr-490	1384	30	financial	financial	ADJ
ftr-490	1384	31	health	health	NOUN
ftr-490	1384	32	,	,	PUNCT
ftr-490	1384	33	if	if	SCONJ
ftr-490	1384	34	immediate	immediate	ADJ
ftr-490	1384	35	payment	payment	NOUN
ftr-490	1384	36	would	would	AUX
ftr-490	1384	37	require	require	VERB
ftr-490	1384	38	sale	sale	NOUN
ftr-490	1384	39	of	of	ADP
ftr-490	1384	40	such	such	ADJ
ftr-490	1384	41	personal	personal	ADJ
ftr-490	1384	42	assets	asset	NOUN
ftr-490	1384	43	.	.	PUNCT
ftr-490	1385	1	when	when	SCONJ
ftr-490	1385	2	one	one	PRON
ftr-490	1385	3	considers	consider	VERB
ftr-490	1385	4	the	the	DET
ftr-490	1385	5	opulence	opulence	NOUN
ftr-490	1385	6	of	of	ADP
ftr-490	1385	7	some	some	DET
ftr-490	1385	8	personal	personal	ADJ
ftr-490	1385	9	residences	residence	NOUN
ftr-490	1385	10	,	,	PUNCT
ftr-490	1385	11	however	however	ADV
ftr-490	1385	12	,	,	PUNCT
ftr-490	1385	13	the	the	DET
ftr-490	1385	14	argument	argument	NOUN
ftr-490	1385	15	is	be	AUX
ftr-490	1385	16	not	not	PART
ftr-490	1385	17	terribly	terribly	ADV
ftr-490	1385	18	persuasive	persuasive	ADJ
ftr-490	1385	19	.	.	PUNCT
ftr-490	1386	1	if	if	SCONJ
ftr-490	1386	2	this	this	DET
ftr-490	1386	3	rationale	rationale	NOUN
ftr-490	1386	4	carries	carry	VERB
ftr-490	1386	5	the	the	DET
ftr-490	1386	6	day	day	NOUN
ftr-490	1386	7	,	,	PUNCT
ftr-490	1386	8	however	however	ADV
ftr-490	1386	9	,	,	PUNCT
ftr-490	1386	10	a	a	DET
ftr-490	1386	11	further	further	ADJ
ftr-490	1386	12	change	change	NOUN
ftr-490	1386	13	in	in	ADP
ftr-490	1386	14	the	the	DET
ftr-490	1386	15	implementation	implementation	NOUN
ftr-490	1386	16	of	of	ADP
ftr-490	1386	17	it	it	PRON
ftr-490	1386	18	is	be	AUX
ftr-490	1386	19	nevertheless	nevertheless	ADV
ftr-490	1386	20	warranted	warrant	VERB
ftr-490	1386	21	.	.	PUNCT
ftr-490	1387	1	there	there	PRON
ftr-490	1387	2	are	be	VERB
ftr-490	1387	3	obvious	obvious	ADJ
ftr-490	1387	4	horizontal	horizontal	ADJ
ftr-490	1387	5	equity	equity	NOUN
ftr-490	1387	6	problems	problem	NOUN
ftr-490	1387	7	-	-	PUNCT
ftr-490	1387	8	the	the	DET
ftr-490	1387	9	possibility	possibility	NOUN
ftr-490	1387	10	of	of	ADP
ftr-490	1387	11	treating	treat	VERB
ftr-490	1387	12	similarly	similarly	ADV
ftr-490	1387	13	situated	situate	VERB
ftr-490	1387	14	taxpayers	taxpayer	NOUN
ftr-490	1387	15	differently	differently	ADV
ftr-490	1387	16	-	-	PUNCT
ftr-490	1387	17	in	in	ADP
ftr-490	1387	18	relying	rely	VERB
ftr-490	1387	19	on	on	ADP
ftr-490	1387	20	50	50	NUM
ftr-490	1387	21	different	different	ADJ
ftr-490	1387	22	state	state	NOUN
ftr-490	1387	23	exemption	exemption	NOUN
ftr-490	1387	24	statutes	statute	NOUN
ftr-490	1387	25	in	in	ADP
ftr-490	1387	26	determining	determine	VERB
ftr-490	1387	27	the	the	DET
ftr-490	1387	28	definition	definition	NOUN
ftr-490	1387	29	of	of	ADP
ftr-490	1387	30	"	"	PUNCT
ftr-490	1387	31	insolvency	insolvency	NOUN
ftr-490	1387	32	"	"	PUNCT
ftr-490	1387	33	for	for	ADP
ftr-490	1387	34	federal	federal	ADJ
ftr-490	1387	35	tax	tax	NOUN
ftr-490	1387	36	purposes	purpose	NOUN
ftr-490	1387	37	.	.	PUNCT
ftr-490	1388	1	just	just	ADV
ftr-490	1388	2	as	as	SCONJ
ftr-490	1388	3	a	a	DET
ftr-490	1388	4	uniform	uniform	ADJ
ftr-490	1388	5	definition	definition	NOUN
ftr-490	1388	6	of	of	ADP
ftr-490	1388	7	"	"	PUNCT
ftr-490	1388	8	alimony	alimony	NOUN
ftr-490	1388	9	"	"	PUNCT
ftr-490	1388	10	was	be	AUX
ftr-490	1388	11	created	create	VERB
ftr-490	1388	12	for	for	ADP
ftr-490	1388	13	federal	federal	ADJ
ftr-490	1388	14	tax	tax	NOUN
ftr-490	1388	15	purposes	purpose	NOUN
ftr-490	1388	16	that	that	PRON
ftr-490	1388	17	surely	surely	ADV
ftr-490	1388	18	differs	differ	VERB
ftr-490	1388	19	from	from	ADP
ftr-490	1388	20	many	many	ADJ
ftr-490	1388	21	state	state	NOUN
ftr-490	1388	22	statutes	statute	NOUN
ftr-490	1388	23	(	(	PUNCT
ftr-490	1388	24	see	see	VERB
ftr-490	1388	25	irc	irc	ADV
ftr-490	1388	26	§	§	PROPN
ftr-490	1388	27	71	71	NUM
ftr-490	1388	28	)	)	PUNCT
ftr-490	1388	29	,	,	PUNCT
ftr-490	1388	30	perhaps	perhaps	ADV
ftr-490	1388	31	the	the	DET
ftr-490	1388	32	code	code	NOUN
ftr-490	1388	33	or	or	CCONJ
ftr-490	1388	34	regulations	regulation	NOUN
ftr-490	1388	35	should	should	AUX
ftr-490	1388	36	spell	spell	VERB
ftr-490	1388	37	out	out	ADP
ftr-490	1388	38	the	the	DET
ftr-490	1388	39	extent	extent	NOUN
ftr-490	1388	40	to	to	PART
ftr-490	1388	41	which	which	PRON
ftr-490	1388	42	personal	personal	ADJ
ftr-490	1388	43	assets	asset	NOUN
ftr-490	1388	44	should	should	AUX
ftr-490	1388	45	not	not	PART
ftr-490	1388	46	be	be	AUX
ftr-490	1388	47	considered	consider	VERB
ftr-490	1388	48	in	in	ADP
ftr-490	1388	49	determining	determine	VERB
ftr-490	1388	50	insolvency	insolvency	NOUN
ftr-490	1388	51	for	for	ADP
ftr-490	1388	52	federal	federal	ADJ
ftr-490	1388	53	tax	tax	NOUN
ftr-490	1388	54	purposes	purpose	NOUN
ftr-490	1388	55	.	.	PUNCT
ftr-490	1389	1	185	185	NUM
ftr-490	1389	2	.	.	X
ftr-490	1390	1	74	74	NUM
ftr-490	1390	2	t.c	t.c	PROPN
ftr-490	1390	3	.	.	PROPN
ftr-490	1390	4	970	970	NUM
ftr-490	1390	5	(	(	PUNCT
ftr-490	1390	6	1980	1980	NUM
ftr-490	1390	7	)	)	PUNCT
ftr-490	1390	8	.	.	PUNCT
ftr-490	1391	1	186	186	NUM
ftr-490	1391	2	.	.	PUNCT
ftr-490	1392	1	the	the	DET
ftr-490	1392	2	case	case	NOUN
ftr-490	1392	3	quotes	quote	VERB
ftr-490	1392	4	the	the	DET
ftr-490	1392	5	language	language	NOUN
ftr-490	1392	6	of	of	ADP
ftr-490	1392	7	the	the	DET
ftr-490	1392	8	statute	statute	NOUN
ftr-490	1392	9	as	as	SCONJ
ftr-490	1392	10	follows	follow	VERB
ftr-490	1392	11	:	:	PUNCT
ftr-490	1392	12	"	"	PUNCT
ftr-490	1392	13	no	no	DET
ftr-490	1392	14	deficiency	deficiency	NOUN
ftr-490	1392	15	judgment	judgment	NOUN
ftr-490	1392	16	shall	shall	AUX
ftr-490	1392	17	lie	lie	VERB
ftr-490	1392	18	in	in	ADP
ftr-490	1392	19	any	any	DET
ftr-490	1392	20	event	event	NOUN
ftr-490	1392	21	after	after	ADP
ftr-490	1392	22	any	any	DET
ftr-490	1392	23	sale	sale	NOUN
ftr-490	1392	24	of	of	ADP
ftr-490	1392	25	real	real	ADJ
ftr-490	1392	26	property	property	NOUN
ftr-490	1392	27	for	for	ADP
ftr-490	1392	28	failure	failure	NOUN
ftr-490	1392	29	of	of	ADP
ftr-490	1392	30	the	the	DET
ftr-490	1392	31	purchaser	purchaser	NOUN
ftr-490	1392	32	to	to	PART
ftr-490	1392	33	complete	complete	VERB
ftr-490	1392	34	his	his	PRON
ftr-490	1392	35	contract	contract	NOUN
ftr-490	1392	36	of	of	ADP
ftr-490	1392	37	sale	sale	NOUN
ftr-490	1392	38	,	,	PUNCT
ftr-490	1392	39	or	or	CCONJ
ftr-490	1392	40	under	under	ADP
ftr-490	1392	41	a	a	DET
ftr-490	1392	42	deed	deed	NOUN
ftr-490	1392	43	of	of	ADP
ftr-490	1392	44	trust	trust	NOUN
ftr-490	1392	45	,	,	PUNCT
ftr-490	1392	46	or	or	CCONJ
ftr-490	1392	47	mortgage	mortgage	NOUN
ftr-490	1392	48	,	,	PUNCT
ftr-490	1392	49	given	give	VERB
ftr-490	1392	50	to	to	ADP
ftr-490	1392	51	the	the	DET
ftr-490	1392	52	vendor	vendor	NOUN
ftr-490	1392	53	to	to	PART
ftr-490	1392	54	secure	secure	VERB
ftr-490	1392	55	payment	payment	NOUN
ftr-490	1392	56	of	of	ADP
ftr-490	1392	57	the	the	DET
ftr-490	1392	58	balance	balance	NOUN
ftr-490	1392	59	of	of	ADP
ftr-490	1392	60	the	the	DET
ftr-490	1392	61	purchase	purchase	NOUN
ftr-490	1392	62	price	price	NOUN
ftr-490	1392	63	....	....	PUNCT
ftr-490	1392	64	"	"	PUNCT
ftr-490	1393	1	i	i	PRON
ftr-490	1393	2	d.	d.	PROPN
ftr-490	1393	3	at	at	ADP
ftr-490	1393	4	971	971	NUM
ftr-490	1393	5	.	.	PUNCT
ftr-490	1394	1	thus	thus	ADV
ftr-490	1394	2	,	,	PUNCT
ftr-490	1394	3	the	the	DET
ftr-490	1394	4	california	california	PROPN
ftr-490	1394	5	statute	statute	PROPN
ftr-490	1394	6	apparently	apparently	ADV
ftr-490	1394	7	applies	apply	VERB
ftr-490	1394	8	to	to	ADP
ftr-490	1394	9	both	both	CCONJ
ftr-490	1394	10	personal	personal	ADJ
ftr-490	1394	11	-	-	PUNCT
ftr-490	1394	12	use	use	NOUN
ftr-490	1394	13	and	and	CCONJ
ftr-490	1394	14	other	other	ADJ
ftr-490	1394	15	real	real	ADJ
ftr-490	1394	16	property	property	NOUN
ftr-490	1394	17	but	but	CCONJ
ftr-490	1394	18	applies	apply	VERB
ftr-490	1394	19	only	only	ADV
ftr-490	1394	20	to	to	AUX
ftr-490	1394	21	sellerfinanced	sellerfinance	VERB
ftr-490	1394	22	mortgages	mortgage	NOUN
ftr-490	1394	23	.	.	PUNCT
ftr-490	1395	1	187	187	NUM
ftr-490	1395	2	.	.	PUNCT
ftr-490	1396	1	i	i	PRON
ftr-490	1396	2	d.	d.	PROPN
ftr-490	1396	3	at	at	ADP
ftr-490	1396	4	971	971	NUM
ftr-490	1396	5	-	-	SYM
ftr-490	1396	6	72	72	NUM
ftr-490	1396	7	.	.	PUNCT
ftr-490	1397	1	[	[	X
ftr-490	1397	2	vol	vol	NOUN
ftr-490	1397	3	1:3	1:3	NUM
ftr-490	1397	4	tufts	tuft	NOUN
ftr-490	1397	5	and	and	CCONJ
ftr-490	1397	6	the	the	DET
ftr-490	1397	7	evolution	evolution	NOUN
ftr-490	1397	8	qf	qf	PROPN
ftr-490	1397	9	debt	debt	NOUN
ftr-490	1397	10	-	-	PUNCT
ftr-490	1397	11	discharge	discharge	NOUN
ftr-490	1397	12	theor	theor	NOUN
ftr-490	1397	13	"	"	PUNCT
ftr-490	1397	14	creditor	creditor	NOUN
ftr-490	1397	15	constituted	constitute	VERB
ftr-490	1397	16	a	a	DET
ftr-490	1397	17	"	"	PUNCT
ftr-490	1397	18	sale	sale	NOUN
ftr-490	1397	19	"	"	PUNCT
ftr-490	1397	20	(	(	PUNCT
ftr-490	1397	21	producing	produce	VERB
ftr-490	1397	22	capital	capital	NOUN
ftr-490	1397	23	loss	loss	NOUN
ftr-490	1397	24	under	under	ADP
ftr-490	1397	25	the	the	DET
ftr-490	1397	26	collapsed	collapse	VERB
ftr-490	1397	27	approach	approach	NOUN
ftr-490	1397	28	for	for	ADP
ftr-490	1397	29	nonrecourse	nonrecourse	NOUN
ftr-490	1397	30	debt	debt	NOUN
ftr-490	1397	31	)	)	PUNCT
ftr-490	1397	32	or	or	CCONJ
ftr-490	1397	33	an	an	DET
ftr-490	1397	34	"	"	PUNCT
ftr-490	1397	35	abandonment	abandonment	NOUN
ftr-490	1397	36	"	"	PUNCT
ftr-490	1397	37	(	(	PUNCT
ftr-490	1397	38	producing	produce	VERB
ftr-490	1397	39	an	an	DET
ftr-490	1397	40	ordinary	ordinary	ADJ
ftr-490	1397	41	loss	loss	NOUN
ftr-490	1397	42	for	for	ADP
ftr-490	1397	43	failure	failure	NOUN
ftr-490	1397	44	to	to	PART
ftr-490	1397	45	satisfy	satisfy	VERB
ftr-490	1397	46	the	the	DET
ftr-490	1397	47	"	"	PUNCT
ftr-490	1397	48	sale	sale	NOUN
ftr-490	1397	49	or	or	CCONJ
ftr-490	1397	50	exchange	exchange	NOUN
ftr-490	1397	51	"	"	PUNCT
ftr-490	1397	52	requirement	requirement	NOUN
ftr-490	1397	53	of	of	ADP
ftr-490	1397	54	section	section	NOUN
ftr-490	1397	55	1222	1222	NUM
ftr-490	1397	56	of	of	ADP
ftr-490	1397	57	the	the	DET
ftr-490	1397	58	code	code	NOUN
ftr-490	1397	59	)	)	PUNCT
ftr-490	1397	60	.	.	PUNCT
ftr-490	1398	1	the	the	DET
ftr-490	1398	2	court	court	NOUN
ftr-490	1398	3	concluded	conclude	VERB
ftr-490	1398	4	that	that	SCONJ
ftr-490	1398	5	the	the	DET
ftr-490	1398	6	conveyance	conveyance	NOUN
ftr-490	1398	7	constituted	constitute	VERB
ftr-490	1398	8	a	a	DET
ftr-490	1398	9	"	"	PUNCT
ftr-490	1398	10	sale	sale	NOUN
ftr-490	1398	11	.	.	PUNCT
ftr-490	1398	12	"	"	PUNCT
ftr-490	1399	1	should	should	AUX
ftr-490	1399	2	whether	whether	SCONJ
ftr-490	1399	3	a	a	DET
ftr-490	1399	4	state	state	NOUN
ftr-490	1399	5	antideficiency	antideficiency	NOUN
ftr-490	1399	6	statute	statute	NOUN
ftr-490	1399	7	transforms	transform	VERB
ftr-490	1399	8	a	a	DET
ftr-490	1399	9	debt	debt	NOUN
ftr-490	1399	10	into	into	ADP
ftr-490	1399	11	a	a	DET
ftr-490	1399	12	nonrecourse	nonrecourse	NOUN
ftr-490	1399	13	debt	debt	NOUN
ftr-490	1399	14	depend	depend	VERB
ftr-490	1399	15	on	on	ADP
ftr-490	1399	16	the	the	DET
ftr-490	1399	17	concessions	concession	NOUN
ftr-490	1399	18	of	of	ADP
ftr-490	1399	19	the	the	DET
ftr-490	1399	20	taxpayer	taxpayer	NOUN
ftr-490	1399	21	and	and	CCONJ
ftr-490	1399	22	internal	internal	ADJ
ftr-490	1399	23	revenue	revenue	NOUN
ftr-490	1399	24	service	service	NOUN
ftr-490	1399	25	as	as	ADP
ftr-490	1399	26	in	in	ADP
ftr-490	1399	27	freeland	freeland	NOUN
ftr-490	1399	28	?	?	PUNCT
ftr-490	1400	1	if	if	SCONJ
ftr-490	1400	2	we	we	PRON
ftr-490	1400	3	look	look	VERB
ftr-490	1400	4	beyond	beyond	ADP
ftr-490	1400	5	the	the	DET
ftr-490	1400	6	loan	loan	NOUN
ftr-490	1400	7	documents	document	NOUN
ftr-490	1400	8	themselves	themselves	PRON
ftr-490	1400	9	to	to	ADP
ftr-490	1400	10	state	state	NOUN
ftr-490	1400	11	statutes	statute	NOUN
ftr-490	1400	12	in	in	ADP
ftr-490	1400	13	determining	determine	VERB
ftr-490	1400	14	the	the	DET
ftr-490	1400	15	status	status	NOUN
ftr-490	1400	16	of	of	ADP
ftr-490	1400	17	a	a	DET
ftr-490	1400	18	creditor	creditor	NOUN
ftr-490	1400	19	's	's	PART
ftr-490	1400	20	recourse	recourse	NOUN
ftr-490	1400	21	rights	right	NOUN
ftr-490	1400	22	,	,	PUNCT
ftr-490	1400	23	should	should	AUX
ftr-490	1400	24	we	we	PRON
ftr-490	1400	25	also	also	ADV
ftr-490	1400	26	look	look	VERB
ftr-490	1400	27	to	to	ADP
ftr-490	1400	28	the	the	DET
ftr-490	1400	29	economic	economic	ADJ
ftr-490	1400	30	reality	reality	NOUN
ftr-490	1400	31	surrounding	surround	VERB
ftr-490	1400	32	the	the	DET
ftr-490	1400	33	creditor	creditor	NOUN
ftr-490	1400	34	's	's	PART
ftr-490	1400	35	nominal	nominal	ADJ
ftr-490	1400	36	recourse	recourse	NOUN
ftr-490	1400	37	rights	right	NOUN
ftr-490	1400	38	?	?	PUNCT
ftr-490	1401	1	let	let	VERB
ftr-490	1401	2	us	we	PRON
ftr-490	1401	3	return	return	VERB
ftr-490	1401	4	to	to	ADP
ftr-490	1401	5	an	an	DET
ftr-490	1401	6	example	example	NOUN
ftr-490	1401	7	posited	posit	VERB
ftr-490	1401	8	by	by	ADP
ftr-490	1401	9	professor	professor	NOUN
ftr-490	1401	10	willis	willis	PROPN
ftr-490	1401	11	.	.	PUNCT
ftr-490	1401	12	"	"	PUNCT
ftr-490	1402	1	s	s	VERB
ftr-490	1402	2	joe	joe	PROPN
ftr-490	1402	3	wealthy	wealthy	ADJ
ftr-490	1402	4	and	and	CCONJ
ftr-490	1402	5	joe	joe	PROPN
ftr-490	1402	6	penniless	penniless	NOUN
ftr-490	1402	7	are	be	AUX
ftr-490	1402	8	considering	consider	VERB
ftr-490	1402	9	identical	identical	ADJ
ftr-490	1402	10	transactions	transaction	NOUN
ftr-490	1402	11	and	and	CCONJ
ftr-490	1402	12	decide	decide	VERB
ftr-490	1402	13	to	to	PART
ftr-490	1402	14	go	go	VERB
ftr-490	1402	15	to	to	ADP
ftr-490	1402	16	the	the	DET
ftr-490	1402	17	same	same	ADJ
ftr-490	1402	18	bank	bank	NOUN
ftr-490	1402	19	for	for	ADP
ftr-490	1402	20	financing	financing	NOUN
ftr-490	1402	21	.	.	PUNCT
ftr-490	1403	1	on	on	ADP
ftr-490	1403	2	a	a	DET
ftr-490	1403	3	recourse	recourse	NOUN
ftr-490	1403	4	basis	basis	NOUN
ftr-490	1403	5	,	,	PUNCT
ftr-490	1403	6	the	the	DET
ftr-490	1403	7	bank	bank	NOUN
ftr-490	1403	8	offers	offer	VERB
ftr-490	1403	9	a	a	DET
ftr-490	1403	10	rate	rate	NOUN
ftr-490	1403	11	of	of	ADP
ftr-490	1403	12	8	8	NUM
ftr-490	1403	13	%	%	NOUN
ftr-490	1403	14	to	to	ADP
ftr-490	1403	15	wealthy	wealthy	ADJ
ftr-490	1403	16	and	and	CCONJ
ftr-490	1403	17	15	15	NUM
ftr-490	1403	18	%	%	NOUN
ftr-490	1403	19	to	to	PART
ftr-490	1403	20	penniless	penniless	VERB
ftr-490	1403	21	.	.	PUNCT
ftr-490	1404	1	the	the	DET
ftr-490	1404	2	bank	bank	NOUN
ftr-490	1404	3	also	also	ADV
ftr-490	1404	4	offers	offer	VERB
ftr-490	1404	5	a	a	DET
ftr-490	1404	6	rate	rate	NOUN
ftr-490	1404	7	of	of	ADP
ftr-490	1404	8	15	15	NUM
ftr-490	1404	9	%	%	NOUN
ftr-490	1404	10	to	to	PART
ftr-490	1404	11	wealthy	wealthy	ADJ
ftr-490	1404	12	on	on	ADP
ftr-490	1404	13	a	a	DET
ftr-490	1404	14	nonrecourse	nonrecourse	ADJ
ftr-490	1404	15	basis	basis	NOUN
ftr-490	1404	16	.	.	PUNCT
ftr-490	1405	1	the	the	DET
ftr-490	1405	2	difference	difference	NOUN
ftr-490	1405	3	in	in	ADP
ftr-490	1405	4	rates	rate	NOUN
ftr-490	1405	5	quoted	quote	VERB
ftr-490	1405	6	to	to	ADP
ftr-490	1405	7	wealthy	wealthy	ADJ
ftr-490	1405	8	with	with	ADP
ftr-490	1405	9	respect	respect	NOUN
ftr-490	1405	10	to	to	ADP
ftr-490	1405	11	the	the	DET
ftr-490	1405	12	recourse	recourse	NOUN
ftr-490	1405	13	and	and	CCONJ
ftr-490	1405	14	nonrecourse	nonrecourse	NOUN
ftr-490	1405	15	loans	loan	NOUN
ftr-490	1405	16	reflects	reflect	VERB
ftr-490	1405	17	the	the	DET
ftr-490	1405	18	risk	risk	NOUN
ftr-490	1405	19	assumed	assume	VERB
ftr-490	1405	20	by	by	ADP
ftr-490	1405	21	the	the	DET
ftr-490	1405	22	bank	bank	NOUN
ftr-490	1405	23	in	in	ADP
ftr-490	1405	24	the	the	DET
ftr-490	1405	25	case	case	NOUN
ftr-490	1405	26	of	of	ADP
ftr-490	1405	27	the	the	DET
ftr-490	1405	28	nonrecourse	nonrecourse	NOUN
ftr-490	1405	29	loan	loan	NOUN
ftr-490	1405	30	that	that	PRON
ftr-490	1405	31	is	be	AUX
ftr-490	1405	32	absent	absent	ADJ
ftr-490	1405	33	in	in	ADP
ftr-490	1405	34	the	the	DET
ftr-490	1405	35	case	case	NOUN
ftr-490	1405	36	of	of	ADP
ftr-490	1405	37	the	the	DET
ftr-490	1405	38	recourse	recourse	NOUN
ftr-490	1405	39	loan	loan	NOUN
ftr-490	1405	40	.	.	PUNCT
ftr-490	1406	1	that	that	DET
ftr-490	1406	2	same	same	ADJ
ftr-490	1406	3	risk	risk	NOUN
ftr-490	1406	4	premium	premium	NOUN
ftr-490	1406	5	is	be	AUX
ftr-490	1406	6	also	also	ADV
ftr-490	1406	7	very	very	ADV
ftr-490	1406	8	apparent	apparent	ADJ
ftr-490	1406	9	,	,	PUNCT
ftr-490	1406	10	however	however	ADV
ftr-490	1406	11	,	,	PUNCT
ftr-490	1406	12	in	in	ADP
ftr-490	1406	13	the	the	DET
ftr-490	1406	14	15	15	NUM
ftr-490	1406	15	%	%	NOUN
ftr-490	1406	16	recourse	recourse	NOUN
ftr-490	1406	17	loan	loan	NOUN
ftr-490	1406	18	offered	offer	VERB
ftr-490	1406	19	to	to	PART
ftr-490	1406	20	penniless	penniless	VERB
ftr-490	1406	21	.	.	PUNCT
ftr-490	1407	1	"	"	PUNCT
ftr-490	1407	2	penniless	penniless	ADJ
ftr-490	1407	3	...	...	PUNCT
ftr-490	1407	4	pays	pay	VERB
ftr-490	1407	5	a	a	DET
ftr-490	1407	6	large	large	ADJ
ftr-490	1407	7	risk	risk	NOUN
ftr-490	1407	8	premium	premium	NOUN
ftr-490	1407	9	because	because	SCONJ
ftr-490	1407	10	the	the	DET
ftr-490	1407	11	encumbered	encumber	VERB
ftr-490	1407	12	property	property	NOUN
ftr-490	1407	13	is	be	AUX
ftr-490	1407	14	all	all	PRON
ftr-490	1407	15	he	he	PRON
ftr-490	1407	16	has	have	VERB
ftr-490	1407	17	.	.	PUNCT
ftr-490	1408	1	he	he	PRON
ftr-490	1408	2	and	and	CCONJ
ftr-490	1408	3	the	the	DET
ftr-490	1408	4	bank	bank	NOUN
ftr-490	1408	5	do	do	AUX
ftr-490	1408	6	not	not	PART
ftr-490	1408	7	label	label	VERB
ftr-490	1408	8	the	the	DET
ftr-490	1408	9	loan	loan	NOUN
ftr-490	1408	10	nonrecourse	nonrecourse	NOUN
ftr-490	1408	11	,	,	PUNCT
ftr-490	1408	12	but	but	CCONJ
ftr-490	1408	13	the	the	DET
ftr-490	1408	14	realist	realist	ADJ
ftr-490	1408	15	banker	banker	NOUN
ftr-490	1408	16	knows	know	VERB
ftr-490	1408	17	it	it	PRON
ftr-490	1408	18	really	really	ADV
ftr-490	1408	19	is	be	AUX
ftr-490	1408	20	.	.	PUNCT
ftr-490	1409	1	and	and	CCONJ
ftr-490	1409	2	penniless	penniless	NOUN
ftr-490	1409	3	knows	know	VERB
ftr-490	1409	4	it	it	PRON
ftr-490	1409	5	,	,	PUNCT
ftr-490	1409	6	too	too	ADV
ftr-490	1409	7	.	.	PUNCT
ftr-490	1410	1	"	"	PUNCT
ftr-490	1410	2	'	'	PUNCT
ftr-490	1410	3	89	89	NUM
ftr-490	1410	4	because	because	SCONJ
ftr-490	1410	5	penniless	penniless	NOUN
ftr-490	1410	6	's	's	PART
ftr-490	1410	7	loan	loan	NOUN
ftr-490	1410	8	is	be	AUX
ftr-490	1410	9	essentially	essentially	ADV
ftr-490	1410	10	nonrecourse	nonrecourse	ADJ
ftr-490	1410	11	when	when	SCONJ
ftr-490	1410	12	penniless	penniless	NOUN
ftr-490	1410	13	's	's	PART
ftr-490	1410	14	finances	finance	NOUN
ftr-490	1410	15	are	be	AUX
ftr-490	1410	16	considered	consider	VERB
ftr-490	1410	17	,	,	PUNCT
ftr-490	1410	18	should	should	AUX
ftr-490	1410	19	that	that	PRON
ftr-490	1410	20	mean	mean	VERB
ftr-490	1410	21	that	that	SCONJ
ftr-490	1410	22	the	the	DET
ftr-490	1410	23	debt	debt	NOUN
ftr-490	1410	24	should	should	AUX
ftr-490	1410	25	be	be	AUX
ftr-490	1410	26	considered	consider	VERB
ftr-490	1410	27	nonrecourse	nonrecourse	NOUN
ftr-490	1410	28	for	for	ADP
ftr-490	1410	29	tax	tax	NOUN
ftr-490	1410	30	purposes	purpose	NOUN
ftr-490	1410	31	,	,	PUNCT
ftr-490	1410	32	resulting	result	VERB
ftr-490	1410	33	in	in	ADP
ftr-490	1410	34	application	application	NOUN
ftr-490	1410	35	of	of	ADP
ftr-490	1410	36	the	the	DET
ftr-490	1410	37	collapsed	collapse	VERB
ftr-490	1410	38	approach	approach	NOUN
ftr-490	1410	39	on	on	ADP
ftr-490	1410	40	disposition	disposition	NOUN
ftr-490	1410	41	of	of	ADP
ftr-490	1410	42	the	the	DET
ftr-490	1410	43	property	property	NOUN
ftr-490	1410	44	for	for	ADP
ftr-490	1410	45	less	less	ADJ
ftr-490	1410	46	than	than	ADP
ftr-490	1410	47	the	the	DET
ftr-490	1410	48	outstanding	outstanding	ADJ
ftr-490	1410	49	indebtedness	indebtedness	NOUN
ftr-490	1410	50	?	?	PUNCT
ftr-490	1411	1	economically	economically	ADV
ftr-490	1411	2	,	,	PUNCT
ftr-490	1411	3	wealthy	wealthy	ADJ
ftr-490	1411	4	's	's	PART
ftr-490	1411	5	nonrecourse	nonrecourse	NOUN
ftr-490	1411	6	loan	loan	NOUN
ftr-490	1411	7	and	and	CCONJ
ftr-490	1411	8	penniless	penniless	NOUN
ftr-490	1411	9	's	's	PART
ftr-490	1411	10	recourse	recourse	NOUN
ftr-490	1411	11	loan	loan	NOUN
ftr-490	1411	12	are	be	AUX
ftr-490	1411	13	identical	identical	ADJ
ftr-490	1411	14	.	.	PUNCT
ftr-490	1412	1	"	"	PUNCT
ftr-490	1412	2	surely	surely	ADV
ftr-490	1412	3	the	the	DET
ftr-490	1412	4	'	'	PUNCT
ftr-490	1412	5	labels	label	NOUN
ftr-490	1412	6	'	'	PUNCT
ftr-490	1412	7	are	be	AUX
ftr-490	1412	8	insufficient	insufficient	ADJ
ftr-490	1412	9	grounds	ground	NOUN
ftr-490	1412	10	for	for	ADP
ftr-490	1412	11	disparate	disparate	ADJ
ftr-490	1412	12	[	[	X
ftr-490	1412	13	tax	tax	NOUN
ftr-490	1412	14	]	]	PUNCT
ftr-490	1412	15	results	result	NOUN
ftr-490	1412	16	.	.	PUNCT
ftr-490	1413	1	"'190	"'190	X
ftr-490	1413	2	a	a	DET
ftr-490	1413	3	second	second	ADJ
ftr-490	1413	4	-	-	PUNCT
ftr-490	1413	5	and	and	CCONJ
ftr-490	1413	6	more	more	ADV
ftr-490	1413	7	important	important	ADJ
ftr-490	1413	8	-	-	PUNCT
ftr-490	1413	9	point	point	NOUN
ftr-490	1413	10	to	to	PART
ftr-490	1413	11	ponder	ponder	VERB
ftr-490	1413	12	in	in	ADP
ftr-490	1413	13	connection	connection	NOUN
ftr-490	1413	14	with	with	ADP
ftr-490	1413	15	the	the	DET
ftr-490	1413	16	facts	fact	NOUN
ftr-490	1413	17	of	of	ADP
ftr-490	1413	18	the	the	DET
ftr-490	1413	19	technical	technical	ADJ
ftr-490	1413	20	advice	advice	NOUN
ftr-490	1413	21	memorandum	memorandum	NOUN
ftr-490	1413	22	is	be	AUX
ftr-490	1413	23	that	that	SCONJ
ftr-490	1413	24	it	it	PRON
ftr-490	1413	25	illustrates	illustrate	VERB
ftr-490	1413	26	the	the	DET
ftr-490	1413	27	188	188	NUM
ftr-490	1413	28	.	.	PUNCT
ftr-490	1414	1	see	see	VERB
ftr-490	1414	2	willis	willis	PROPN
ftr-490	1414	3	ii	ii	PROPN
ftr-490	1414	4	,	,	PUNCT
ftr-490	1414	5	supra	supra	PROPN
ftr-490	1414	6	note	note	NOUN
ftr-490	1414	7	101	101	NUM
ftr-490	1414	8	,	,	PUNCT
ftr-490	1414	9	at	at	ADP
ftr-490	1414	10	447	447	NUM
ftr-490	1414	11	.	.	NOUN
ftr-490	1415	1	189	189	NUM
ftr-490	1415	2	.	.	PUNCT
ftr-490	1416	1	i	i	PRON
ftr-490	1416	2	d.	d.	PROPN
ftr-490	1416	3	190	190	NUM
ftr-490	1416	4	.	.	PUNCT
ftr-490	1417	1	i	i	PRON
ftr-490	1417	2	d.	d.	PROPN
ftr-490	1417	3	in	in	ADP
ftr-490	1417	4	discussing	discuss	VERB
ftr-490	1417	5	the	the	DET
ftr-490	1417	6	disparate	disparate	ADJ
ftr-490	1417	7	tax	tax	NOUN
ftr-490	1417	8	results	result	NOUN
ftr-490	1417	9	arising	arise	VERB
ftr-490	1417	10	between	between	ADP
ftr-490	1417	11	recourse	recourse	NOUN
ftr-490	1417	12	and	and	CCONJ
ftr-490	1417	13	nonrecourse	nonrecourse	ADJ
ftr-490	1417	14	debt	debt	NOUN
ftr-490	1417	15	on	on	ADP
ftr-490	1417	16	foreclosure	foreclosure	NOUN
ftr-490	1417	17	in	in	ADP
ftr-490	1417	18	the	the	DET
ftr-490	1417	19	partnership	partnership	NOUN
ftr-490	1417	20	context	context	NOUN
ftr-490	1417	21	.	.	PUNCT
ftr-490	1418	1	ms	ms	PROPN
ftr-490	1418	2	.	.	PROPN
ftr-490	1418	3	sheppard	sheppard	PROPN
ftr-490	1418	4	writes	write	VERB
ftr-490	1418	5	:	:	PUNCT
ftr-490	1418	6	this	this	DET
ftr-490	1418	7	article	article	NOUN
ftr-490	1418	8	necessarily	necessarily	ADV
ftr-490	1418	9	assumes	assume	VERB
ftr-490	1418	10	that	that	SCONJ
ftr-490	1418	11	nonrecoursc	nonrecoursc	ADJ
ftr-490	1418	12	liabilities	liability	NOUN
ftr-490	1418	13	can	can	AUX
ftr-490	1418	14	be	be	AUX
ftr-490	1418	15	distinguished	distinguish	VERB
ftr-490	1418	16	from	from	ADP
ftr-490	1418	17	recourse	recourse	NOUN
ftr-490	1418	18	liabilities	liability	NOUN
ftr-490	1418	19	for	for	ADP
ftr-490	1418	20	tax	tax	NOUN
ftr-490	1418	21	purposes	purpose	NOUN
ftr-490	1418	22	.	.	PUNCT
ftr-490	1419	1	"	"	PUNCT
ftr-490	1419	2	i	i	PRON
ftr-490	1419	3	do	do	AUX
ftr-490	1419	4	n't	not	PART
ftr-490	1419	5	know	know	VERB
ftr-490	1419	6	what	what	PRON
ftr-490	1419	7	a	a	DET
ftr-490	1419	8	nonrecourse	nonrecourse	NOUN
ftr-490	1419	9	liability	liability	NOUN
ftr-490	1419	10	is	be	AUX
ftr-490	1419	11	,	,	PUNCT
ftr-490	1419	12	"	"	PUNCT
ftr-490	1419	13	one	one	NUM
ftr-490	1419	14	practitioner	practitioner	NOUN
ftr-490	1419	15	complains	complain	VERB
ftr-490	1419	16	,	,	PUNCT
ftr-490	1419	17	noting	note	VERB
ftr-490	1419	18	that	that	SCONJ
ftr-490	1419	19	the	the	DET
ftr-490	1419	20	term	term	NOUN
ftr-490	1419	21	recourse	recourse	NOUN
ftr-490	1419	22	can	can	AUX
ftr-490	1419	23	be	be	AUX
ftr-490	1419	24	confusing	confusing	ADJ
ftr-490	1419	25	when	when	SCONJ
ftr-490	1419	26	the	the	DET
ftr-490	1419	27	borrower	borrower	NOUN
ftr-490	1419	28	is	be	AUX
ftr-490	1419	29	an	an	DET
ftr-490	1419	30	entity	entity	NOUN
ftr-490	1419	31	[	[	X
ftr-490	1419	32	or	or	CCONJ
ftr-490	1419	33	a	a	DET
ftr-490	1419	34	person	person	NOUN
ftr-490	1419	35	such	such	ADJ
ftr-490	1419	36	as	as	ADP
ftr-490	1419	37	penniless	penniless	ADJ
ftr-490	1419	38	?	?	PUNCT
ftr-490	1419	39	]	]	PUNCT
ftr-490	1419	40	with	with	ADP
ftr-490	1419	41	limited	limited	ADJ
ftr-490	1419	42	liability	liability	NOUN
ftr-490	1419	43	.	.	PUNCT
ftr-490	1420	1	should	should	AUX
ftr-490	1420	2	a	a	DET
ftr-490	1420	3	so	so	ADV
ftr-490	1420	4	-	-	PUNCT
ftr-490	1420	5	called	call	VERB
ftr-490	1420	6	-exculpatory	-exculpatory	NOUN
ftr-490	1420	7	"	"	PUNCT
ftr-490	1420	8	liability	liability	NOUN
ftr-490	1420	9	that	that	PRON
ftr-490	1420	10	is	be	AUX
ftr-490	1420	11	recourse	recourse	NOUN
ftr-490	1420	12	to	to	ADP
ftr-490	1420	13	a	a	DET
ftr-490	1420	14	partnership	partnership	NOUN
ftr-490	1420	15	but	but	CCONJ
ftr-490	1420	16	nonrecourse	nonrecourse	NOUN
ftr-490	1420	17	to	to	ADP
ftr-490	1420	18	its	its	PRON
ftr-490	1420	19	partners	partner	NOUN
ftr-490	1420	20	be	be	AUX
ftr-490	1420	21	considered	consider	VERB
ftr-490	1420	22	a	a	DET
ftr-490	1420	23	recourse	recourse	NOUN
ftr-490	1420	24	liability	liability	NOUN
ftr-490	1420	25	for	for	ADP
ftr-490	1420	26	tax	tax	NOUN
ftr-490	1420	27	purposes	purpose	NOUN
ftr-490	1420	28	?	?	PUNCT
ftr-490	1421	1	...	...	PUNCT
ftr-490	1421	2	in	in	ADP
ftr-490	1421	3	the	the	DET
ftr-490	1421	4	case	case	NOUN
ftr-490	1421	5	of	of	ADP
ftr-490	1421	6	a	a	DET
ftr-490	1421	7	singleasset	singleasset	NOUN
ftr-490	1421	8	partnership	partnership	NOUN
ftr-490	1421	9	,	,	PUNCT
ftr-490	1421	10	there	there	PRON
ftr-490	1421	11	may	may	AUX
ftr-490	1421	12	be	be	AUX
ftr-490	1421	13	no	no	DET
ftr-490	1421	14	practical	practical	ADJ
ftr-490	1421	15	difference	difference	NOUN
ftr-490	1421	16	between	between	ADP
ftr-490	1421	17	a	a	DET
ftr-490	1421	18	nonrecourse	nonrecourse	NOUN
ftr-490	1421	19	liability	liability	NOUN
ftr-490	1421	20	and	and	CCONJ
ftr-490	1421	21	an	an	DET
ftr-490	1421	22	exculpatory	exculpatory	ADJ
ftr-490	1421	23	liability	liability	NOUN
ftr-490	1421	24	.	.	PUNCT
ftr-490	1422	1	sheppard	sheppard	NOUN
ftr-490	1422	2	,	,	PUNCT
ftr-490	1422	3	supra	supra	PROPN
ftr-490	1422	4	note	note	NOUN
ftr-490	1422	5	152	152	NUM
ftr-490	1422	6	,	,	PUNCT
ftr-490	1422	7	at	at	ADP
ftr-490	1422	8	785	785	NUM
ftr-490	1422	9	.	.	PUNCT
ftr-490	1422	10	19921	19921	NUM
ftr-490	1422	11	florida	florida	PROPN
ftr-490	1422	12	tax	tax	NOUN
ftr-490	1422	13	review	review	NOUN
ftr-490	1422	14	deficiency	deficiency	NOUN
ftr-490	1422	15	of	of	ADP
ftr-490	1422	16	the	the	DET
ftr-490	1422	17	collapsed	collapse	VERB
ftr-490	1422	18	approach	approach	NOUN
ftr-490	1422	19	itself	itself	PRON
ftr-490	1422	20	.	.	PUNCT
ftr-490	1423	1	if	if	SCONJ
ftr-490	1423	2	the	the	DET
ftr-490	1423	3	antideficiency	antideficiency	NOUN
ftr-490	1423	4	statute	statute	NOUN
ftr-490	1423	5	had	have	AUX
ftr-490	1423	6	resulted	result	VERB
ftr-490	1423	7	in	in	ADP
ftr-490	1423	8	transforming	transform	VERB
ftr-490	1423	9	the	the	DET
ftr-490	1423	10	indebtedness	indebtedness	NOUN
ftr-490	1423	11	into	into	ADP
ftr-490	1423	12	nonrecourse	nonrecourse	ADJ
ftr-490	1423	13	debt	debt	NOUN
ftr-490	1423	14	(	(	PUNCT
ftr-490	1423	15	or	or	CCONJ
ftr-490	1423	16	if	if	SCONJ
ftr-490	1423	17	there	there	PRON
ftr-490	1423	18	had	have	AUX
ftr-490	1423	19	been	be	AUX
ftr-490	1423	20	no	no	DET
ftr-490	1423	21	antideficiency	antideficiency	NOUN
ftr-490	1423	22	statute	statute	NOUN
ftr-490	1423	23	but	but	CCONJ
ftr-490	1423	24	the	the	DET
ftr-490	1423	25	loan	loan	NOUN
ftr-490	1423	26	itself	itself	PRON
ftr-490	1423	27	had	have	AUX
ftr-490	1423	28	been	be	AUX
ftr-490	1423	29	styled	style	VERB
ftr-490	1423	30	"	"	PUNCT
ftr-490	1423	31	nonrecourse	nonrecourse	NOUN
ftr-490	1423	32	"	"	PUNCT
ftr-490	1423	33	)	)	PUNCT
ftr-490	1423	34	,	,	PUNCT
ftr-490	1423	35	the	the	DET
ftr-490	1423	36	collapsed	collapse	VERB
ftr-490	1423	37	approach	approach	NOUN
ftr-490	1423	38	would	would	AUX
ftr-490	1423	39	have	have	AUX
ftr-490	1423	40	produced	produce	VERB
ftr-490	1423	41	an	an	DET
ftr-490	1423	42	$	$	SYM
ftr-490	1423	43	8,000	8,000	NUM
ftr-490	1423	44	nondeductible	nondeductible	ADJ
ftr-490	1423	45	capital	capital	NOUN
ftr-490	1423	46	loss	loss	NOUN
ftr-490	1423	47	and	and	CCONJ
ftr-490	1423	48	no	no	DET
ftr-490	1423	49	cod	cod	NOUN
ftr-490	1423	50	income	income	NOUN
ftr-490	1423	51	instead	instead	ADV
ftr-490	1423	52	of	of	ADP
ftr-490	1423	53	$	$	SYM
ftr-490	1423	54	22,000	22,000	NUM
ftr-490	1423	55	of	of	ADP
ftr-490	1423	56	cod	cod	NOUN
ftr-490	1423	57	income	income	NOUN
ftr-490	1423	58	coupled	couple	VERB
ftr-490	1423	59	with	with	ADP
ftr-490	1423	60	a	a	DET
ftr-490	1423	61	$	$	SYM
ftr-490	1423	62	30,000	30,000	NUM
ftr-490	1423	63	nondeductible	nondeductible	ADJ
ftr-490	1423	64	capital	capital	NOUN
ftr-490	1423	65	loss	loss	NOUN
ftr-490	1423	66	.	.	PUNCT
ftr-490	1424	1	that	that	PRON
ftr-490	1424	2	,	,	PUNCT
ftr-490	1424	3	for	for	ADP
ftr-490	1424	4	reasons	reason	NOUN
ftr-490	1424	5	developed	develop	VERB
ftr-490	1424	6	below	below	ADV
ftr-490	1424	7	,	,	PUNCT
ftr-490	1424	8	is	be	AUX
ftr-490	1424	9	the	the	DET
ftr-490	1424	10	wrong	wrong	ADJ
ftr-490	1424	11	conceptual	conceptual	ADJ
ftr-490	1424	12	result	result	NOUN
ftr-490	1424	13	.	.	PUNCT
ftr-490	1425	1	many	many	ADJ
ftr-490	1425	2	have	have	AUX
ftr-490	1425	3	stated	state	VERB
ftr-490	1425	4	that	that	SCONJ
ftr-490	1425	5	the	the	DET
ftr-490	1425	6	difference	difference	NOUN
ftr-490	1425	7	between	between	ADP
ftr-490	1425	8	the	the	DET
ftr-490	1425	9	collapsed	collapse	VERB
ftr-490	1425	10	and	and	CCONJ
ftr-490	1425	11	bifurcated	bifurcated	ADJ
ftr-490	1425	12	approaches	approach	NOUN
ftr-490	1425	13	is	be	AUX
ftr-490	1425	14	really	really	ADV
ftr-490	1425	15	one	one	NUM
ftr-490	1425	16	only	only	ADV
ftr-490	1425	17	of	of	ADP
ftr-490	1425	18	character191	character191	PROPN
ftr-490	1425	19	-	-	PUNCT
ftr-490	1425	20	itself	itself	PRON
ftr-490	1425	21	an	an	DET
ftr-490	1425	22	ambiguous	ambiguous	ADJ
ftr-490	1425	23	concept	concept	NOUN
ftr-490	1425	24	92	92	NUM
ftr-490	1425	25	and	and	CCONJ
ftr-490	1425	26	thus	thus	ADV
ftr-490	1425	27	perhaps	perhaps	ADV
ftr-490	1425	28	not	not	PART
ftr-490	1425	29	really	really	ADV
ftr-490	1425	30	particularly	particularly	ADV
ftr-490	1425	31	important	important	ADJ
ftr-490	1425	32	(	(	PUNCT
ftr-490	1425	33	the	the	DET
ftr-490	1425	34	availability	availability	NOUN
ftr-490	1425	35	of	of	ADP
ftr-490	1425	36	the	the	DET
ftr-490	1425	37	section	section	NOUN
ftr-490	1425	38	108(a	108(a	NUM
ftr-490	1425	39	)	)	PUNCT
ftr-490	1425	40	exclusions	exclusion	NOUN
ftr-490	1425	41	aside	aside	ADV
ftr-490	1425	42	)	)	PUNCT
ftr-490	1425	43	.	.	PUNCT
ftr-490	1426	1	recall	recall	VERB
ftr-490	1426	2	that	that	SCONJ
ftr-490	1426	3	in	in	ADP
ftr-490	1426	4	tufts	tuft	NOUN
ftr-490	1426	5	the	the	DET
ftr-490	1426	6	majority	majority	NOUN
ftr-490	1426	7	held	hold	VERB
ftr-490	1426	8	that	that	SCONJ
ftr-490	1426	9	tufts	tuft	NOUN
ftr-490	1426	10	realized	realize	VERB
ftr-490	1426	11	$	$	SYM
ftr-490	1426	12	400,000	400,000	NUM
ftr-490	1426	13	of	of	ADP
ftr-490	1426	14	gain	gain	NOUN
ftr-490	1426	15	under	under	ADP
ftr-490	1426	16	the	the	DET
ftr-490	1426	17	collapsed	collapse	VERB
ftr-490	1426	18	approach	approach	NOUN
ftr-490	1426	19	while	while	SCONJ
ftr-490	1426	20	justice	justice	PROPN
ftr-490	1426	21	o'connor	o'connor	PROPN
ftr-490	1426	22	's	's	PART
ftr-490	1426	23	concurring	concur	VERB
ftr-490	1426	24	opinion	opinion	NOUN
ftr-490	1426	25	preferred	prefer	VERB
ftr-490	1426	26	the	the	DET
ftr-490	1426	27	bifurcated	bifurcated	ADJ
ftr-490	1426	28	approach	approach	NOUN
ftr-490	1426	29	,	,	PUNCT
ftr-490	1426	30	under	under	ADP
ftr-490	1426	31	which	which	PRON
ftr-490	1426	32	tufts	tuft	NOUN
ftr-490	1426	33	would	would	AUX
ftr-490	1426	34	have	have	AUX
ftr-490	1426	35	realized	realize	VERB
ftr-490	1426	36	$	$	SYM
ftr-490	1426	37	450,000	450,000	NUM
ftr-490	1426	38	of	of	ADP
ftr-490	1426	39	cod	cod	NOUN
ftr-490	1426	40	income	income	NOUN
ftr-490	1426	41	and	and	CCONJ
ftr-490	1426	42	$	$	SYM
ftr-490	1426	43	50,000	50,000	NUM
ftr-490	1426	44	of	of	ADP
ftr-490	1426	45	loss	loss	NOUN
ftr-490	1426	46	.	.	PUNCT
ftr-490	1427	1	the	the	DET
ftr-490	1427	2	net	net	ADJ
ftr-490	1427	3	amount	amount	NOUN
ftr-490	1427	4	taken	take	VERB
ftr-490	1427	5	into	into	ADP
ftr-490	1427	6	account	account	NOUN
ftr-490	1427	7	on	on	ADP
ftr-490	1427	8	the	the	DET
ftr-490	1427	9	tax	tax	NOUN
ftr-490	1427	10	return	return	NOUN
ftr-490	1427	11	would	would	AUX
ftr-490	1427	12	have	have	AUX
ftr-490	1427	13	been	be	AUX
ftr-490	1427	14	$	$	SYM
ftr-490	1427	15	400,000	400,000	NUM
ftr-490	1427	16	under	under	ADP
ftr-490	1427	17	either	either	DET
ftr-490	1427	18	approach	approach	NOUN
ftr-490	1427	19	.	.	PUNCT
ftr-490	1428	1	in	in	ADP
ftr-490	1428	2	fact	fact	NOUN
ftr-490	1428	3	,	,	PUNCT
ftr-490	1428	4	in	in	ADP
ftr-490	1428	5	all	all	DET
ftr-490	1428	6	business	business	NOUN
ftr-490	1428	7	and	and	CCONJ
ftr-490	1428	8	investment	investment	NOUN
ftr-490	1428	9	contexts	contexts	NOUN
ftr-490	1428	10	,	,	PUNCT
ftr-490	1428	11	the	the	DET
ftr-490	1428	12	net	net	ADJ
ftr-490	1428	13	amount	amount	NOUN
ftr-490	1428	14	taken	take	VERB
ftr-490	1428	15	into	into	ADP
ftr-490	1428	16	account	account	NOUN
ftr-490	1428	17	for	for	ADP
ftr-490	1428	18	tax	tax	NOUN
ftr-490	1428	19	purposes	purpose	NOUN
ftr-490	1428	20	will	will	AUX
ftr-490	1428	21	always	always	ADV
ftr-490	1428	22	be	be	AUX
ftr-490	1428	23	the	the	DET
ftr-490	1428	24	same	same	ADJ
ftr-490	1428	25	,	,	PUNCT
ftr-490	1428	26	whether	whether	SCONJ
ftr-490	1428	27	the	the	DET
ftr-490	1428	28	collapsed	collapse	VERB
ftr-490	1428	29	approach	approach	NOUN
ftr-490	1428	30	is	be	AUX
ftr-490	1428	31	applied	apply	VERB
ftr-490	1428	32	or	or	CCONJ
ftr-490	1428	33	whether	whether	SCONJ
ftr-490	1428	34	the	the	DET
ftr-490	1428	35	bifurcated	bifurcated	ADJ
ftr-490	1428	36	approach	approach	NOUN
ftr-490	1428	37	is	be	AUX
ftr-490	1428	38	applied	apply	VERB
ftr-490	1428	39	,	,	PUNCT
ftr-490	1428	40	because	because	SCONJ
ftr-490	1428	41	both	both	DET
ftr-490	1428	42	sides	side	NOUN
ftr-490	1428	43	of	of	ADP
ftr-490	1428	44	the	the	DET
ftr-490	1428	45	equation	equation	NOUN
ftr-490	1428	46	-	-	PUNCT
ftr-490	1428	47	the	the	DET
ftr-490	1428	48	loss	loss	NOUN
ftr-490	1428	49	as	as	ADV
ftr-490	1428	50	well	well	ADV
ftr-490	1428	51	as	as	ADP
ftr-490	1428	52	the	the	DET
ftr-490	1428	53	gain	gain	NOUN
ftr-490	1428	54	or	or	CCONJ
ftr-490	1428	55	income	income	NOUN
ftr-490	1428	56	-	-	PUNCT
ftr-490	1428	57	will	will	AUX
ftr-490	1428	58	be	be	AUX
ftr-490	1428	59	cognizable	cognizable	ADJ
ftr-490	1428	60	for	for	ADP
ftr-490	1428	61	tax	tax	NOUN
ftr-490	1428	62	purposes	purpose	NOUN
ftr-490	1428	63	.	.	PUNCT
ftr-490	1429	1	only	only	ADV
ftr-490	1429	2	the	the	DET
ftr-490	1429	3	character	character	NOUN
ftr-490	1429	4	-	-	PUNCT
ftr-490	1429	5	potentially	potentially	ADV
ftr-490	1429	6	deferable	deferable	ADJ
ftr-490	1429	7	and	and	CCONJ
ftr-490	1429	8	ordinary	ordinary	ADJ
ftr-490	1429	9	cod	cod	NOUN
ftr-490	1429	10	income	income	NOUN
ftr-490	1429	11	versus	versus	ADP
ftr-490	1429	12	nondeferable	nondeferable	ADJ
ftr-490	1429	13	capital	capital	NOUN
ftr-490	1429	14	gain	gain	NOUN
ftr-490	1429	15	or	or	CCONJ
ftr-490	1429	16	reduced	reduce	VERB
ftr-490	1429	17	capital	capital	NOUN
ftr-490	1429	18	loss	loss	NOUN
ftr-490	1429	19	-	-	PUNCT
ftr-490	1429	20	differs	differ	NOUN
ftr-490	1429	21	.	.	PUNCT
ftr-490	1430	1	the	the	DET
ftr-490	1430	2	memorandum	memorandum	NOUN
ftr-490	1430	3	,	,	PUNCT
ftr-490	1430	4	because	because	SCONJ
ftr-490	1430	5	it	it	PRON
ftr-490	1430	6	deals	deal	VERB
ftr-490	1430	7	with	with	ADP
ftr-490	1430	8	personal	personal	ADJ
ftr-490	1430	9	-	-	PUNCT
ftr-490	1430	10	use	use	NOUN
ftr-490	1430	11	property	property	NOUN
ftr-490	1430	12	,	,	PUNCT
ftr-490	1430	13	demonstrates	demonstrate	VERB
ftr-490	1430	14	the	the	DET
ftr-490	1430	15	fallacy	fallacy	NOUN
ftr-490	1430	16	of	of	ADP
ftr-490	1430	17	the	the	DET
ftr-490	1430	18	assumption	assumption	NOUN
ftr-490	1430	19	that	that	SCONJ
ftr-490	1430	20	the	the	DET
ftr-490	1430	21	net	net	ADJ
ftr-490	1430	22	amount	amount	NOUN
ftr-490	1430	23	taken	take	VERB
ftr-490	1430	24	into	into	ADP
ftr-490	1430	25	account	account	NOUN
ftr-490	1430	26	will	will	AUX
ftr-490	1430	27	always	always	ADV
ftr-490	1430	28	be	be	AUX
ftr-490	1430	29	the	the	DET
ftr-490	1430	30	same	same	ADJ
ftr-490	1430	31	,	,	PUNCT
ftr-490	1430	32	that	that	SCONJ
ftr-490	1430	33	the	the	DET
ftr-490	1430	34	difference	difference	NOUN
ftr-490	1430	35	here	here	ADV
ftr-490	1430	36	is	be	AUX
ftr-490	1430	37	really	really	ADV
ftr-490	1430	38	one	one	NUM
ftr-490	1430	39	only	only	ADV
ftr-490	1430	40	of	of	ADP
ftr-490	1430	41	character	character	NOUN
ftr-490	1430	42	.	.	PUNCT
ftr-490	1431	1	because	because	SCONJ
ftr-490	1431	2	the	the	DET
ftr-490	1431	3	loss	loss	NOUN
ftr-490	1431	4	attributable	attributable	ADJ
ftr-490	1431	5	to	to	ADP
ftr-490	1431	6	the	the	DET
ftr-490	1431	7	property	property	NOUN
ftr-490	1431	8	transaction	transaction	NOUN
ftr-490	1431	9	under	under	ADP
ftr-490	1431	10	section	section	NOUN
ftr-490	1431	11	1001	1001	NUM
ftr-490	1431	12	will	will	AUX
ftr-490	1431	13	not	not	PART
ftr-490	1431	14	be	be	AUX
ftr-490	1431	15	cognizable	cognizable	ADJ
ftr-490	1431	16	for	for	ADP
ftr-490	1431	17	tax	tax	NOUN
ftr-490	1431	18	purposes	purpose	NOUN
ftr-490	1431	19	in	in	ADP
ftr-490	1431	20	view	view	NOUN
ftr-490	1431	21	of	of	ADP
ftr-490	1431	22	the	the	DET
ftr-490	1431	23	personal	personal	ADJ
ftr-490	1431	24	use	use	NOUN
ftr-490	1431	25	of	of	ADP
ftr-490	1431	26	the	the	DET
ftr-490	1431	27	property	property	NOUN
ftr-490	1431	28	,	,	PUNCT
ftr-490	1431	29	the	the	DET
ftr-490	1431	30	decision	decision	NOUN
ftr-490	1431	31	whether	whether	SCONJ
ftr-490	1431	32	to	to	PART
ftr-490	1431	33	apply	apply	VERB
ftr-490	1431	34	the	the	DET
ftr-490	1431	35	collapsed	collapse	VERB
ftr-490	1431	36	approach	approach	NOUN
ftr-490	1431	37	or	or	CCONJ
ftr-490	1431	38	bifurcated	bifurcated	ADJ
ftr-490	1431	39	approach	approach	NOUN
ftr-490	1431	40	is	be	AUX
ftr-490	1431	41	critical	critical	ADJ
ftr-490	1431	42	in	in	ADP
ftr-490	1431	43	determining	determine	VERB
ftr-490	1431	44	the	the	DET
ftr-490	1431	45	actual	actual	ADJ
ftr-490	1431	46	amount	amount	NOUN
ftr-490	1431	47	that	that	PRON
ftr-490	1431	48	the	the	DET
ftr-490	1431	49	taxpayer	taxpayer	NOUN
ftr-490	1431	50	must	must	AUX
ftr-490	1431	51	take	take	VERB
ftr-490	1431	52	into	into	ADP
ftr-490	1431	53	account	account	NOUN
ftr-490	1431	54	for	for	ADP
ftr-490	1431	55	tax	tax	NOUN
ftr-490	1431	56	purposes	purpose	NOUN
ftr-490	1431	57	.	.	PUNCT
ftr-490	1432	1	the	the	DET
ftr-490	1432	2	collapsed	collapse	VERB
ftr-490	1432	3	approach	approach	NOUN
ftr-490	1432	4	allows	allow	VERB
ftr-490	1432	5	the	the	DET
ftr-490	1432	6	taxpayer	taxpayer	NOUN
ftr-490	1432	7	who	who	PRON
ftr-490	1432	8	finances	finance	VERB
ftr-490	1432	9	personaluse	personaluse	NOUN
ftr-490	1432	10	property	property	NOUN
ftr-490	1432	11	with	with	ADP
ftr-490	1432	12	nonrecourse	nonrecourse	NOUN
ftr-490	1432	13	debt	debt	NOUN
ftr-490	1432	14	,	,	PUNCT
ftr-490	1432	15	or	or	CCONJ
ftr-490	1432	16	debt	debt	NOUN
ftr-490	1432	17	considered	consider	VERB
ftr-490	1432	18	to	to	PART
ftr-490	1432	19	be	be	AUX
ftr-490	1432	20	nonrecourse	nonrecourse	NOUN
ftr-490	1432	21	,	,	PUNCT
ftr-490	1432	22	to	to	PART
ftr-490	1432	23	escape	escape	VERB
ftr-490	1432	24	taxation	taxation	NOUN
ftr-490	1432	25	of	of	ADP
ftr-490	1432	26	the	the	DET
ftr-490	1432	27	accession	accession	NOUN
ftr-490	1432	28	to	to	ADP
ftr-490	1432	29	wealth	wealth	NOUN
ftr-490	1432	30	arising	arise	VERB
ftr-490	1432	31	from	from	ADP
ftr-490	1432	32	failure	failure	NOUN
ftr-490	1432	33	to	to	PART
ftr-490	1432	34	repay	repay	VERB
ftr-490	1432	35	with	with	ADP
ftr-490	1432	36	191	191	NUM
ftr-490	1432	37	.	.	PUNCT
ftr-490	1433	1	see	see	VERB
ftr-490	1433	2	supra	supra	PROPN
ftr-490	1433	3	note	note	PROPN
ftr-490	1433	4	35	35	NUM
ftr-490	1433	5	and	and	CCONJ
ftr-490	1433	6	accompanying	accompany	VERB
ftr-490	1433	7	text	text	NOUN
ftr-490	1433	8	.	.	PUNCT
ftr-490	1434	1	192	192	NUM
ftr-490	1434	2	.	.	PUNCT
ftr-490	1435	1	see	see	VERB
ftr-490	1435	2	willis	willis	PROPN
ftr-490	1435	3	ii	ii	PROPN
ftr-490	1435	4	,	,	PUNCT
ftr-490	1435	5	supra	supra	PROPN
ftr-490	1435	6	note	note	NOUN
ftr-490	1435	7	101	101	NUM
ftr-490	1435	8	,	,	PUNCT
ftr-490	1435	9	at	at	ADP
ftr-490	1435	10	446	446	NUM
ftr-490	1435	11	:	:	PUNCT
ftr-490	1435	12	unfortunately	unfortunately	ADV
ftr-490	1435	13	,	,	PUNCT
ftr-490	1435	14	tax	tax	NOUN
ftr-490	1435	15	law	law	NOUN
ftr-490	1435	16	...	...	PUNCT
ftr-490	1435	17	has	have	AUX
ftr-490	1435	18	...	...	PUNCT
ftr-490	1435	19	distorting	distort	VERB
ftr-490	1435	20	principles	principle	NOUN
ftr-490	1435	21	,	,	PUNCT
ftr-490	1435	22	not	not	PART
ftr-490	1435	23	known	know	VERB
ftr-490	1435	24	to	to	ADP
ftr-490	1435	25	accounting	account	VERB
ftr-490	1435	26	.	.	PUNCT
ftr-490	1436	1	not	not	PART
ftr-490	1436	2	the	the	DET
ftr-490	1436	3	least	least	ADJ
ftr-490	1436	4	of	of	ADP
ftr-490	1436	5	these	these	PRON
ftr-490	1436	6	is	be	AUX
ftr-490	1436	7	the	the	DET
ftr-490	1436	8	bizarre	bizarre	ADJ
ftr-490	1436	9	notion	notion	NOUN
ftr-490	1436	10	of	of	ADP
ftr-490	1436	11	character	character	NOUN
ftr-490	1436	12	.	.	PUNCT
ftr-490	1437	1	whoever	whoever	PRON
ftr-490	1437	2	originated	originate	VERB
ftr-490	1437	3	this	this	DET
ftr-490	1437	4	idea	idea	NOUN
ftr-490	1437	5	surely	surely	ADV
ftr-490	1437	6	was	be	AUX
ftr-490	1437	7	not	not	PART
ftr-490	1437	8	thinking	think	VERB
ftr-490	1437	9	as	as	ADP
ftr-490	1437	10	an	an	DET
ftr-490	1437	11	accountant	accountant	NOUN
ftr-490	1437	12	.	.	PUNCT
ftr-490	1438	1	from	from	ADP
ftr-490	1438	2	my	my	PRON
ftr-490	1438	3	standpoint	standpoint	NOUN
ftr-490	1438	4	,	,	PUNCT
ftr-490	1438	5	income	income	NOUN
ftr-490	1438	6	is	be	AUX
ftr-490	1438	7	income	income	NOUN
ftr-490	1438	8	.	.	PUNCT
ftr-490	1439	1	no	no	DET
ftr-490	1439	2	principle	principle	NOUN
ftr-490	1439	3	of	of	ADP
ftr-490	1439	4	natural	natural	ADJ
ftr-490	1439	5	law	law	NOUN
ftr-490	1439	6	makes	make	VERB
ftr-490	1439	7	gains	gain	NOUN
ftr-490	1439	8	-	-	PUNCT
ftr-490	1439	9	from	from	ADP
ftr-490	1439	10	an	an	DET
ftr-490	1439	11	option	option	NOUN
ftr-490	1439	12	or	or	CCONJ
ftr-490	1439	13	otherwise	otherwise	ADV
ftr-490	1439	14	-	-	PUNCT
ftr-490	1439	15	capital	capital	NOUN
ftr-490	1439	16	and	and	CCONJ
ftr-490	1439	17	thus	thus	ADV
ftr-490	1439	18	favored	favor	VERB
ftr-490	1439	19	.	.	PUNCT
ftr-490	1440	1	only	only	ADV
ftr-490	1440	2	politicians	politician	NOUN
ftr-490	1440	3	hoping	hope	VERB
ftr-490	1440	4	to	to	PART
ftr-490	1440	5	control	control	VERB
ftr-490	1440	6	the	the	DET
ftr-490	1440	7	economy	economy	NOUN
ftr-490	1440	8	do	do	VERB
ftr-490	1440	9	.	.	PUNCT
ftr-490	1441	1	[	[	X
ftr-490	1441	2	vol	vol	NOUN
ftr-490	1441	3	1:3	1:3	NUM
ftr-490	1441	4	tufts	tuft	NOUN
ftr-490	1441	5	and	and	CCONJ
ftr-490	1441	6	the	the	DET
ftr-490	1441	7	evolution	evolution	NOUN
ftr-490	1441	8	of	of	ADP
ftr-490	1441	9	debt	debt	NOUN
ftr-490	1441	10	-	-	PUNCT
ftr-490	1441	11	discharge	discharge	NOUN
ftr-490	1441	12	theory	theory	NOUN
ftr-490	1441	13	after	after	ADP
ftr-490	1441	14	-	-	PUNCT
ftr-490	1441	15	tax	tax	NOUN
ftr-490	1441	16	dollars	dollar	NOUN
ftr-490	1441	17	loan	loan	NOUN
ftr-490	1441	18	proceeds	proceed	NOUN
ftr-490	1441	19	used	use	VERB
ftr-490	1441	20	in	in	ADP
ftr-490	1441	21	personal	personal	ADJ
ftr-490	1441	22	consumption	consumption	NOUN
ftr-490	1441	23	.	.	PUNCT
ftr-490	1441	24	'	'	PUNCT
ftr-490	1442	1	extrapolating	extrapolate	VERB
ftr-490	1442	2	from	from	ADP
ftr-490	1442	3	the	the	DET
ftr-490	1442	4	facts	fact	NOUN
ftr-490	1442	5	of	of	ADP
ftr-490	1442	6	the	the	DET
ftr-490	1442	7	memorandum	memorandum	NOUN
ftr-490	1442	8	,	,	PUNCT
ftr-490	1442	9	we	we	PRON
ftr-490	1442	10	can	can	AUX
ftr-490	1442	11	compare	compare	VERB
ftr-490	1442	12	little	little	ADJ
ftr-490	1442	13	bucks	buck	NOUN
ftr-490	1442	14	,	,	PUNCT
ftr-490	1442	15	who	who	PRON
ftr-490	1442	16	purchases	purchase	VERB
ftr-490	1442	17	a	a	DET
ftr-490	1442	18	personal	personal	ADJ
ftr-490	1442	19	residence	residence	NOUN
ftr-490	1442	20	for	for	ADP
ftr-490	1442	21	$	$	SYM
ftr-490	1442	22	130,000	130,000	NUM
ftr-490	1442	23	entirely	entirely	ADV
ftr-490	1442	24	with	with	ADP
ftr-490	1442	25	nonrecourse	nonrecourse	NOUN
ftr-490	1442	26	debt	debt	NOUN
ftr-490	1442	27	,	,	PUNCT
ftr-490	1442	28	with	with	ADP
ftr-490	1442	29	big	big	ADJ
ftr-490	1442	30	bucks	buck	NOUN
ftr-490	1442	31	,	,	PUNCT
ftr-490	1442	32	a	a	DET
ftr-490	1442	33	taxpayer	taxpayer	NOUN
ftr-490	1442	34	who	who	PRON
ftr-490	1442	35	purchases	purchase	VERB
ftr-490	1442	36	an	an	DET
ftr-490	1442	37	identical	identical	ADJ
ftr-490	1442	38	residence	residence	NOUN
ftr-490	1442	39	with	with	ADP
ftr-490	1442	40	$	$	SYM
ftr-490	1442	41	130,000	130,000	NUM
ftr-490	1442	42	in	in	ADP
ftr-490	1442	43	cash	cash	NOUN
ftr-490	1442	44	.	.	PUNCT
ftr-490	1443	1	the	the	DET
ftr-490	1443	2	difference	difference	NOUN
ftr-490	1443	3	between	between	ADP
ftr-490	1443	4	little	little	ADJ
ftr-490	1443	5	bucks	buck	NOUN
ftr-490	1443	6	and	and	CCONJ
ftr-490	1443	7	big	big	ADJ
ftr-490	1443	8	bucks	buck	NOUN
ftr-490	1443	9	is	be	AUX
ftr-490	1443	10	that	that	SCONJ
ftr-490	1443	11	little	little	ADJ
ftr-490	1443	12	bucks	buck	NOUN
ftr-490	1443	13	can	can	AUX
ftr-490	1443	14	defer	defer	VERB
ftr-490	1443	15	tax	tax	NOUN
ftr-490	1443	16	until	until	ADP
ftr-490	1443	17	repayment	repayment	NOUN
ftr-490	1443	18	of	of	ADP
ftr-490	1443	19	the	the	DET
ftr-490	1443	20	principal	principal	ADJ
ftr-490	1443	21	amount	amount	NOUN
ftr-490	1443	22	of	of	ADP
ftr-490	1443	23	the	the	DET
ftr-490	1443	24	loan	loan	NOUN
ftr-490	1443	25	received	receive	VERB
ftr-490	1443	26	free	free	ADJ
ftr-490	1443	27	of	of	ADP
ftr-490	1443	28	tax	tax	NOUN
ftr-490	1443	29	while	while	SCONJ
ftr-490	1443	30	big	big	ADJ
ftr-490	1443	31	bucks	buck	NOUN
ftr-490	1443	32	already	already	ADV
ftr-490	1443	33	paid	pay	VERB
ftr-490	1443	34	tax	tax	NOUN
ftr-490	1443	35	on	on	ADP
ftr-490	1443	36	the	the	DET
ftr-490	1443	37	entire	entire	ADJ
ftr-490	1443	38	$	$	SYM
ftr-490	1443	39	130,000	130,000	NUM
ftr-490	1443	40	used	use	VERB
ftr-490	1443	41	to	to	PART
ftr-490	1443	42	purchase	purchase	VERB
ftr-490	1443	43	the	the	DET
ftr-490	1443	44	residence	residence	NOUN
ftr-490	1443	45	.	.	PUNCT
ftr-490	1443	46	'	'	PUNCT
ftr-490	1444	1	94	94	NUM
ftr-490	1444	2	both	both	DET
ftr-490	1444	3	residences	residence	NOUN
ftr-490	1444	4	decrease	decrease	VERB
ftr-490	1444	5	in	in	ADP
ftr-490	1444	6	value	value	NOUN
ftr-490	1444	7	to	to	ADP
ftr-490	1444	8	$	$	SYM
ftr-490	1444	9	100,000	100,000	NUM
ftr-490	1444	10	.	.	PUNCT
ftr-490	1445	1	the	the	DET
ftr-490	1445	2	residence	residence	NOUN
ftr-490	1445	3	owned	own	VERB
ftr-490	1445	4	by	by	ADP
ftr-490	1445	5	little	little	ADJ
ftr-490	1445	6	bucks	buck	NOUN
ftr-490	1445	7	is	be	AUX
ftr-490	1445	8	transferred	transfer	VERB
ftr-490	1445	9	to	to	ADP
ftr-490	1445	10	the	the	DET
ftr-490	1445	11	creditor	creditor	NOUN
ftr-490	1445	12	at	at	ADP
ftr-490	1445	13	a	a	DET
ftr-490	1445	14	time	time	NOUN
ftr-490	1445	15	when	when	SCONJ
ftr-490	1445	16	the	the	DET
ftr-490	1445	17	outstanding	outstanding	ADJ
ftr-490	1445	18	indebtedness	indebtedness	NOUN
ftr-490	1445	19	is	be	AUX
ftr-490	1445	20	$	$	SYM
ftr-490	1445	21	122,000	122,000	NUM
ftr-490	1445	22	;	;	PUNCT
ftr-490	1445	23	the	the	DET
ftr-490	1445	24	residence	residence	NOUN
ftr-490	1445	25	owned	own	VERB
ftr-490	1445	26	by	by	ADP
ftr-490	1445	27	big	big	ADJ
ftr-490	1445	28	bucks	buck	NOUN
ftr-490	1445	29	is	be	AUX
ftr-490	1445	30	sold	sell	VERB
ftr-490	1445	31	for	for	ADP
ftr-490	1445	32	its	its	PRON
ftr-490	1445	33	fair	fair	ADJ
ftr-490	1445	34	market	market	NOUN
ftr-490	1445	35	value	value	NOUN
ftr-490	1445	36	of	of	ADP
ftr-490	1445	37	$	$	SYM
ftr-490	1445	38	100,000	100,000	NUM
ftr-490	1445	39	.	.	PUNCT
ftr-490	1446	1	big	big	ADJ
ftr-490	1446	2	bucks	buck	NOUN
ftr-490	1446	3	realizes	realize	VERB
ftr-490	1446	4	a	a	DET
ftr-490	1446	5	$	$	SYM
ftr-490	1446	6	30,000	30,000	NUM
ftr-490	1446	7	nondeductible	nondeductible	ADJ
ftr-490	1446	8	personal	personal	ADJ
ftr-490	1446	9	loss	loss	NOUN
ftr-490	1446	10	,	,	PUNCT
ftr-490	1446	11	as	as	SCONJ
ftr-490	1446	12	her	her	PRON
ftr-490	1446	13	loss	loss	NOUN
ftr-490	1446	14	is	be	AUX
ftr-490	1446	15	considered	consider	VERB
ftr-490	1446	16	one	one	NUM
ftr-490	1446	17	arising	arise	VERB
ftr-490	1446	18	out	out	ADP
ftr-490	1446	19	of	of	ADP
ftr-490	1446	20	personal	personal	ADJ
ftr-490	1446	21	consumption	consumption	NOUN
ftr-490	1446	22	rather	rather	ADV
ftr-490	1446	23	than	than	ADP
ftr-490	1446	24	investment.195	investment.195	ADJ
ftr-490	1446	25	little	little	ADJ
ftr-490	1446	26	bucks	buck	NOUN
ftr-490	1446	27	,	,	PUNCT
ftr-490	1446	28	on	on	ADP
ftr-490	1446	29	the	the	DET
ftr-490	1446	30	other	other	ADJ
ftr-490	1446	31	hand	hand	NOUN
ftr-490	1446	32	,	,	PUNCT
ftr-490	1446	33	is	be	AUX
ftr-490	1446	34	considered	consider	VERB
ftr-490	1446	35	as	as	ADP
ftr-490	1446	36	realizing	realize	VERB
ftr-490	1446	37	only	only	ADV
ftr-490	1446	38	an	an	DET
ftr-490	1446	39	$	$	SYM
ftr-490	1446	40	8,000	8,000	NUM
ftr-490	1446	41	nondeductible	nondeductible	ADJ
ftr-490	1446	42	personal	personal	ADJ
ftr-490	1446	43	loss	loss	NOUN
ftr-490	1446	44	under	under	ADP
ftr-490	1446	45	the	the	DET
ftr-490	1446	46	collapsed	collapse	VERB
ftr-490	1446	47	approach	approach	NOUN
ftr-490	1446	48	.	.	PUNCT
ftr-490	1447	1	he	he	PRON
ftr-490	1447	2	realizes	realize	VERB
ftr-490	1447	3	no	no	DET
ftr-490	1447	4	cod	cod	NOUN
ftr-490	1447	5	income	income	NOUN
ftr-490	1447	6	.	.	PUNCT
ftr-490	1448	1	by	by	ADP
ftr-490	1448	2	allowing	allow	VERB
ftr-490	1448	3	little	little	ADJ
ftr-490	1448	4	bucks	buck	NOUN
ftr-490	1448	5	to	to	PART
ftr-490	1448	6	attribute	attribute	VERB
ftr-490	1448	7	the	the	DET
ftr-490	1448	8	accession	accession	NOUN
ftr-490	1448	9	to	to	ADP
ftr-490	1448	10	wealth	wealth	NOUN
ftr-490	1448	11	193	193	NUM
ftr-490	1448	12	.	.	PUNCT
ftr-490	1449	1	the	the	DET
ftr-490	1449	2	fact	fact	NOUN
ftr-490	1449	3	that	that	SCONJ
ftr-490	1449	4	the	the	DET
ftr-490	1449	5	debtor	debtor	NOUN
ftr-490	1449	6	described	describe	VERB
ftr-490	1449	7	in	in	ADP
ftr-490	1449	8	the	the	DET
ftr-490	1449	9	memorandum	memorandum	NOUN
ftr-490	1449	10	may	may	AUX
ftr-490	1449	11	not	not	PART
ftr-490	1449	12	have	have	AUX
ftr-490	1449	13	recognized	recognize	VERB
ftr-490	1449	14	any	any	DET
ftr-490	1449	15	income	income	NOUN
ftr-490	1449	16	under	under	ADP
ftr-490	1449	17	the	the	DET
ftr-490	1449	18	bifurcated	bifurcated	ADJ
ftr-490	1449	19	approach	approach	NOUN
ftr-490	1449	20	is	be	AUX
ftr-490	1449	21	inapposite	inapposite	ADJ
ftr-490	1449	22	.	.	PUNCT
ftr-490	1450	1	(	(	PUNCT
ftr-490	1450	2	nonrecognition	nonrecognition	NOUN
ftr-490	1450	3	could	could	AUX
ftr-490	1450	4	occur	occur	VERB
ftr-490	1450	5	because	because	SCONJ
ftr-490	1450	6	of	of	ADP
ftr-490	1450	7	the	the	DET
ftr-490	1450	8	insolvency	insolvency	NOUN
ftr-490	1450	9	exclusion	exclusion	NOUN
ftr-490	1450	10	under	under	ADP
ftr-490	1450	11	section	section	NOUN
ftr-490	1450	12	108(a	108(a	NUM
ftr-490	1450	13	)	)	PUNCT
ftr-490	1450	14	coupled	couple	VERB
ftr-490	1450	15	with	with	ADP
ftr-490	1450	16	the	the	DET
ftr-490	1450	17	lack	lack	NOUN
ftr-490	1450	18	of	of	ADP
ftr-490	1450	19	tax	tax	NOUN
ftr-490	1450	20	attributes	attribute	NOUN
ftr-490	1450	21	or	or	CCONJ
ftr-490	1450	22	depreciable	depreciable	ADJ
ftr-490	1450	23	property	property	NOUN
ftr-490	1450	24	listed	list	VERB
ftr-490	1450	25	in	in	ADP
ftr-490	1450	26	section	section	NOUN
ftr-490	1450	27	108(b	108(b	PROPN
ftr-490	1450	28	)	)	PUNCT
ftr-490	1450	29	)	)	PUNCT
ftr-490	1450	30	.	.	PUNCT
ftr-490	1451	1	the	the	DET
ftr-490	1451	2	policy	policy	NOUN
ftr-490	1451	3	reasons	reason	NOUN
ftr-490	1451	4	ostensibly	ostensibly	ADV
ftr-490	1451	5	supporting	support	VERB
ftr-490	1451	6	the	the	DET
ftr-490	1451	7	insolvency	insolvency	NOUN
ftr-490	1451	8	exclusion	exclusion	NOUN
ftr-490	1451	9	can	can	AUX
ftr-490	1451	10	change	change	VERB
ftr-490	1451	11	and	and	CCONJ
ftr-490	1451	12	are	be	AUX
ftr-490	1451	13	independent	independent	ADJ
ftr-490	1451	14	from	from	ADP
ftr-490	1451	15	the	the	DET
ftr-490	1451	16	conceptual	conceptual	ADJ
ftr-490	1451	17	rationale	rationale	NOUN
ftr-490	1451	18	producing	produce	VERB
ftr-490	1451	19	the	the	DET
ftr-490	1451	20	realized	realize	VERB
ftr-490	1451	21	income	income	NOUN
ftr-490	1451	22	in	in	ADP
ftr-490	1451	23	the	the	DET
ftr-490	1451	24	first	first	ADJ
ftr-490	1451	25	instance	instance	NOUN
ftr-490	1451	26	.	.	PUNCT
ftr-490	1452	1	194	194	NUM
ftr-490	1452	2	.	.	PUNCT
ftr-490	1453	1	see	see	VERB
ftr-490	1453	2	supra	supra	PROPN
ftr-490	1453	3	notes	note	VERB
ftr-490	1453	4	89	89	NUM
ftr-490	1453	5	-	-	SYM
ftr-490	1453	6	91	91	NUM
ftr-490	1453	7	and	and	CCONJ
ftr-490	1453	8	accompanying	accompany	VERB
ftr-490	1453	9	text	text	NOUN
ftr-490	1453	10	(	(	PUNCT
ftr-490	1453	11	discussing	discuss	VERB
ftr-490	1453	12	this	this	DET
ftr-490	1453	13	principle	principle	NOUN
ftr-490	1453	14	)	)	PUNCT
ftr-490	1453	15	.	.	PUNCT
ftr-490	1454	1	195	195	NUM
ftr-490	1454	2	.	.	X
ftr-490	1454	3	of	of	ADV
ftr-490	1454	4	course	course	NOUN
ftr-490	1454	5	we	we	PRON
ftr-490	1454	6	all	all	PRON
ftr-490	1454	7	know	know	VERB
ftr-490	1454	8	that	that	SCONJ
ftr-490	1454	9	the	the	DET
ftr-490	1454	10	decrease	decrease	NOUN
ftr-490	1454	11	in	in	ADP
ftr-490	1454	12	value	value	NOUN
ftr-490	1454	13	may	may	AUX
ftr-490	1454	14	have	have	AUX
ftr-490	1454	15	been	be	AUX
ftr-490	1454	16	due	due	ADJ
ftr-490	1454	17	to	to	ADP
ftr-490	1454	18	market	market	NOUN
ftr-490	1454	19	forces	force	NOUN
ftr-490	1454	20	and	and	CCONJ
ftr-490	1454	21	not	not	PART
ftr-490	1454	22	to	to	PART
ftr-490	1454	23	wear	wear	VERB
ftr-490	1454	24	and	and	CCONJ
ftr-490	1454	25	tear	tear	VERB
ftr-490	1454	26	on	on	ADP
ftr-490	1454	27	the	the	DET
ftr-490	1454	28	house	house	NOUN
ftr-490	1454	29	arising	arise	VERB
ftr-490	1454	30	out	out	ADP
ftr-490	1454	31	of	of	ADP
ftr-490	1454	32	its	its	PRON
ftr-490	1454	33	use	use	NOUN
ftr-490	1454	34	for	for	ADP
ftr-490	1454	35	shelter	shelter	NOUN
ftr-490	1454	36	.	.	PUNCT
ftr-490	1455	1	nevertheless	nevertheless	ADV
ftr-490	1455	2	,	,	PUNCT
ftr-490	1455	3	the	the	DET
ftr-490	1455	4	loss	loss	NOUN
ftr-490	1455	5	on	on	ADP
ftr-490	1455	6	a	a	DET
ftr-490	1455	7	house	house	NOUN
ftr-490	1455	8	used	use	VERB
ftr-490	1455	9	as	as	ADP
ftr-490	1455	10	a	a	DET
ftr-490	1455	11	personal	personal	ADJ
ftr-490	1455	12	residence	residence	NOUN
ftr-490	1455	13	is	be	AUX
ftr-490	1455	14	considered	consider	VERB
ftr-490	1455	15	at	at	ADP
ftr-490	1455	16	the	the	DET
ftr-490	1455	17	present	present	ADJ
ftr-490	1455	18	time	time	NOUN
ftr-490	1455	19	,	,	PUNCT
ftr-490	1455	20	for	for	ADP
ftr-490	1455	21	tax	tax	NOUN
ftr-490	1455	22	purposes	purpose	NOUN
ftr-490	1455	23	,	,	PUNCT
ftr-490	1455	24	to	to	PART
ftr-490	1455	25	arise	arise	VERB
ftr-490	1455	26	from	from	ADP
ftr-490	1455	27	personal	personal	ADJ
ftr-490	1455	28	consumption	consumption	NOUN
ftr-490	1455	29	and	and	CCONJ
ftr-490	1455	30	thus	thus	ADV
ftr-490	1455	31	is	be	AUX
ftr-490	1455	32	nondeductible	nondeductible	ADJ
ftr-490	1455	33	.	.	PUNCT
ftr-490	1456	1	regs	regs	PROPN
ftr-490	1456	2	.	.	PUNCT
ftr-490	1457	1	§	§	PROPN
ftr-490	1457	2	1.165	1.165	NUM
ftr-490	1457	3	-	-	NUM
ftr-490	1457	4	9(a	9(a	NUM
ftr-490	1457	5	)	)	PUNCT
ftr-490	1457	6	.	.	PUNCT
ftr-490	1458	1	the	the	DET
ftr-490	1458	2	only	only	ADJ
ftr-490	1458	3	exception	exception	NOUN
ftr-490	1458	4	to	to	ADP
ftr-490	1458	5	this	this	DET
ftr-490	1458	6	rule	rule	NOUN
ftr-490	1458	7	is	be	AUX
ftr-490	1458	8	in	in	ADP
ftr-490	1458	9	the	the	DET
ftr-490	1458	10	case	case	NOUN
ftr-490	1458	11	of	of	ADP
ftr-490	1458	12	substantial	substantial	ADJ
ftr-490	1458	13	casualty	casualty	NOUN
ftr-490	1458	14	losses	loss	NOUN
ftr-490	1458	15	,	,	PUNCT
ftr-490	1458	16	see	see	VERB
ftr-490	1458	17	section	section	NOUN
ftr-490	1458	18	165(c)(3	165(c)(3	NOUN
ftr-490	1458	19	)	)	PUNCT
ftr-490	1458	20	and	and	CCONJ
ftr-490	1458	21	(	(	PUNCT
ftr-490	1458	22	h	h	NOUN
ftr-490	1458	23	)	)	PUNCT
ftr-490	1458	24	,	,	PUNCT
ftr-490	1458	25	which	which	PRON
ftr-490	1458	26	are	be	AUX
ftr-490	1458	27	allowed	allow	VERB
ftr-490	1458	28	to	to	PART
ftr-490	1458	29	be	be	AUX
ftr-490	1458	30	deducted	deduct	VERB
ftr-490	1458	31	on	on	ADP
ftr-490	1458	32	ability	ability	NOUN
ftr-490	1458	33	-	-	PUNCT
ftr-490	1458	34	to	to	ADP
ftr-490	1458	35	-	-	PUNCT
ftr-490	1458	36	pay	pay	NOUN
ftr-490	1458	37	grounds	ground	NOUN
ftr-490	1458	38	(	(	PUNCT
ftr-490	1458	39	i.e	i.e	X
ftr-490	1458	40	..	..	ADJ
ftr-490	1458	41	verticalequity	verticalequity	NOUN
ftr-490	1458	42	grounds	ground	NOUN
ftr-490	1458	43	)	)	PUNCT
ftr-490	1458	44	.	.	PUNCT
ftr-490	1459	1	the	the	DET
ftr-490	1459	2	ability	ability	NOUN
ftr-490	1459	3	of	of	ADP
ftr-490	1459	4	a	a	DET
ftr-490	1459	5	taxpayer	taxpayer	NOUN
ftr-490	1459	6	with	with	ADP
ftr-490	1459	7	substantial	substantial	ADJ
ftr-490	1459	8	personal	personal	ADJ
ftr-490	1459	9	casualty	casualty	NOUN
ftr-490	1459	10	losses	loss	NOUN
ftr-490	1459	11	to	to	PART
ftr-490	1459	12	pay	pay	VERB
ftr-490	1459	13	taxes	taxis	NOUN
ftr-490	1459	14	is	be	AUX
ftr-490	1459	15	considered	consider	VERB
ftr-490	1459	16	diminished	diminish	VERB
ftr-490	1459	17	.	.	PUNCT
ftr-490	1460	1	thus	thus	ADV
ftr-490	1460	2	,	,	PUNCT
ftr-490	1460	3	to	to	ADP
ftr-490	1460	4	the	the	DET
ftr-490	1460	5	extent	extent	NOUN
ftr-490	1460	6	losses	loss	NOUN
ftr-490	1460	7	exceed	exceed	VERB
ftr-490	1460	8	a	a	DET
ftr-490	1460	9	threshold	threshold	NOUN
ftr-490	1460	10	below	below	SCONJ
ftr-490	1460	11	which	which	DET
ftr-490	1460	12	ability	ability	NOUN
ftr-490	1460	13	to	to	PART
ftr-490	1460	14	pay	pay	VERB
ftr-490	1460	15	is	be	AUX
ftr-490	1460	16	not	not	PART
ftr-490	1460	17	considered	consider	VERB
ftr-490	1460	18	substantially	substantially	ADV
ftr-490	1460	19	diminished	diminish	VERB
ftr-490	1460	20	,	,	PUNCT
ftr-490	1460	21	the	the	DET
ftr-490	1460	22	loss	loss	NOUN
ftr-490	1460	23	is	be	AUX
ftr-490	1460	24	deductible	deductible	ADJ
ftr-490	1460	25	.	.	PUNCT
ftr-490	1461	1	this	this	PRON
ftr-490	1461	2	is	be	AUX
ftr-490	1461	3	the	the	DET
ftr-490	1461	4	same	same	ADJ
ftr-490	1461	5	rationale	rationale	NOUN
ftr-490	1461	6	underlying	underlie	VERB
ftr-490	1461	7	the	the	DET
ftr-490	1461	8	deduction	deduction	NOUN
ftr-490	1461	9	for	for	ADP
ftr-490	1461	10	medical	medical	ADJ
ftr-490	1461	11	expenses	expense	NOUN
ftr-490	1461	12	,	,	PUNCT
ftr-490	1461	13	a	a	DET
ftr-490	1461	14	deduction	deduction	NOUN
ftr-490	1461	15	for	for	ADP
ftr-490	1461	16	personal	personal	ADJ
ftr-490	1461	17	consumption	consumption	NOUN
ftr-490	1461	18	which	which	PRON
ftr-490	1461	19	also	also	ADV
ftr-490	1461	20	includes	include	VERB
ftr-490	1461	21	a	a	DET
ftr-490	1461	22	threshold	threshold	NOUN
ftr-490	1461	23	.	.	PUNCT
ftr-490	1462	1	but	but	CCONJ
ftr-490	1462	2	see	see	VERB
ftr-490	1462	3	louis	louis	PROPN
ftr-490	1462	4	kaplow	kaplow	PROPN
ftr-490	1462	5	,	,	PUNCT
ftr-490	1462	6	the	the	DET
ftr-490	1462	7	income	income	NOUN
ftr-490	1462	8	tax	tax	NOUN
ftr-490	1462	9	as	as	ADP
ftr-490	1462	10	insurance	insurance	NOUN
ftr-490	1462	11	:	:	PUNCT
ftr-490	1462	12	the	the	DET
ftr-490	1462	13	casualty	casualty	NOUN
ftr-490	1462	14	loss	loss	NOUN
ftr-490	1462	15	and	and	CCONJ
ftr-490	1462	16	medical	medical	ADJ
ftr-490	1462	17	expense	expense	NOUN
ftr-490	1462	18	deductions	deduction	NOUN
ftr-490	1462	19	and	and	CCONJ
ftr-490	1462	20	the	the	DET
ftr-490	1462	21	exclusion	exclusion	NOUN
ftr-490	1462	22	of	of	ADP
ftr-490	1462	23	medical	medical	ADJ
ftr-490	1462	24	insurance	insurance	NOUN
ftr-490	1462	25	premiums	premium	NOUN
ftr-490	1462	26	,	,	PUNCT
ftr-490	1462	27	79	79	NUM
ftr-490	1462	28	cal	cal	NOUN
ftr-490	1462	29	.	.	PUNCT
ftr-490	1463	1	l.	l.	PROPN
ftr-490	1463	2	rev	rev	PROPN
ftr-490	1463	3	.	.	PROPN
ftr-490	1463	4	1485	1485	NUM
ftr-490	1463	5	(	(	PUNCT
ftr-490	1463	6	1991	1991	NUM
ftr-490	1463	7	)	)	PUNCT
ftr-490	1464	1	(	(	PUNCT
ftr-490	1464	2	arguing	argue	VERB
ftr-490	1464	3	that	that	SCONJ
ftr-490	1464	4	the	the	DET
ftr-490	1464	5	casualty	casualty	NOUN
ftr-490	1464	6	loss	loss	NOUN
ftr-490	1464	7	and	and	CCONJ
ftr-490	1464	8	medical	medical	ADJ
ftr-490	1464	9	expense	expense	NOUN
ftr-490	1464	10	deductions	deduction	NOUN
ftr-490	1464	11	are	be	AUX
ftr-490	1464	12	premised	premise	VERB
ftr-490	1464	13	on	on	ADP
ftr-490	1464	14	insurance	insurance	NOUN
ftr-490	1464	15	principles	principle	NOUN
ftr-490	1464	16	rather	rather	ADV
ftr-490	1464	17	than	than	ADP
ftr-490	1464	18	vertical	vertical	ADJ
ftr-490	1464	19	-	-	PUNCT
ftr-490	1464	20	equity	equity	NOUN
ftr-490	1464	21	principles	principle	NOUN
ftr-490	1464	22	)	)	PUNCT
ftr-490	1464	23	.	.	PUNCT
ftr-490	1465	1	see	see	VERB
ftr-490	1465	2	generally	generally	ADV
ftr-490	1465	3	richard	richard	PROPN
ftr-490	1465	4	a.	a.	PROPN
ftr-490	1465	5	epstein	epstein	PROPN
ftr-490	1465	6	,	,	PUNCT
ftr-490	1465	7	the	the	DET
ftr-490	1465	8	consumption	consumption	NOUN
ftr-490	1465	9	and	and	CCONJ
ftr-490	1465	10	loss	loss	NOUN
ftr-490	1465	11	of	of	ADP
ftr-490	1465	12	personal	personal	ADJ
ftr-490	1465	13	use	use	NOUN
ftr-490	1465	14	property	property	NOUN
ftr-490	1465	15	under	under	ADP
ftr-490	1465	16	the	the	DET
ftr-490	1465	17	internal	internal	ADJ
ftr-490	1465	18	revenue	revenue	NOUN
ftr-490	1465	19	code	code	NOUN
ftr-490	1465	20	,	,	PUNCT
ftr-490	1465	21	23	23	NUM
ftr-490	1465	22	stan	stan	PROPN
ftr-490	1465	23	.	.	PUNCT
ftr-490	1466	1	l.	l.	PROPN
ftr-490	1466	2	rev	rev	PROPN
ftr-490	1466	3	.	.	PROPN
ftr-490	1467	1	454	454	NUM
ftr-490	1467	2	(	(	PUNCT
ftr-490	1467	3	1971	1971	NUM
ftr-490	1467	4	)	)	PUNCT
ftr-490	1467	5	(	(	PUNCT
ftr-490	1467	6	arguing	argue	VERB
ftr-490	1467	7	that	that	SCONJ
ftr-490	1467	8	the	the	DET
ftr-490	1467	9	current	current	ADJ
ftr-490	1467	10	system	system	NOUN
ftr-490	1467	11	mistaxes	mistaxe	NOUN
ftr-490	1467	12	losses	loss	NOUN
ftr-490	1467	13	arising	arise	VERB
ftr-490	1467	14	in	in	ADP
ftr-490	1467	15	connection	connection	NOUN
ftr-490	1467	16	with	with	ADP
ftr-490	1467	17	personal	personal	ADJ
ftr-490	1467	18	-	-	PUNCT
ftr-490	1467	19	use	use	NOUN
ftr-490	1467	20	property	property	NOUN
ftr-490	1467	21	)	)	PUNCT
ftr-490	1467	22	.	.	PUNCT
ftr-490	1468	1	while	while	SCONJ
ftr-490	1468	2	we	we	PRON
ftr-490	1468	3	may	may	AUX
ftr-490	1468	4	challenge	challenge	VERB
ftr-490	1468	5	the	the	DET
ftr-490	1468	6	wisdom	wisdom	NOUN
ftr-490	1468	7	of	of	ADP
ftr-490	1468	8	that	that	DET
ftr-490	1468	9	underlying	underlie	VERB
ftr-490	1468	10	assumption	assumption	NOUN
ftr-490	1468	11	-	-	PUNCT
ftr-490	1468	12	that	that	SCONJ
ftr-490	1468	13	losses	loss	NOUN
ftr-490	1468	14	on	on	ADP
ftr-490	1468	15	personal	personal	ADJ
ftr-490	1468	16	residences	residence	NOUN
ftr-490	1468	17	reflect	reflect	VERB
ftr-490	1468	18	personal	personal	ADJ
ftr-490	1468	19	consumption	consumption	NOUN
ftr-490	1468	20	rather	rather	ADV
ftr-490	1468	21	than	than	ADP
ftr-490	1468	22	investment	investment	NOUN
ftr-490	1468	23	losses	loss	NOUN
ftr-490	1468	24	-	-	PUNCT
ftr-490	1468	25	our	our	PRON
ftr-490	1468	26	analysis	analysis	NOUN
ftr-490	1468	27	of	of	ADP
ftr-490	1468	28	the	the	DET
ftr-490	1468	29	situation	situation	NOUN
ftr-490	1468	30	described	describe	VERB
ftr-490	1468	31	in	in	ADP
ftr-490	1468	32	the	the	DET
ftr-490	1468	33	technical	technical	ADJ
ftr-490	1468	34	advice	advice	NOUN
ftr-490	1468	35	memorandum	memorandum	NOUN
ftr-490	1468	36	has	have	VERB
ftr-490	1468	37	to	to	PART
ftr-490	1468	38	take	take	VERB
ftr-490	1468	39	notice	notice	NOUN
ftr-490	1468	40	of	of	ADP
ftr-490	1468	41	the	the	DET
ftr-490	1468	42	current	current	ADJ
ftr-490	1468	43	decision	decision	NOUN
ftr-490	1468	44	and	and	CCONJ
ftr-490	1468	45	the	the	DET
ftr-490	1468	46	disparate	disparate	ADJ
ftr-490	1468	47	treatment	treatment	NOUN
ftr-490	1468	48	under	under	ADP
ftr-490	1468	49	it	it	PRON
ftr-490	1468	50	between	between	ADP
ftr-490	1468	51	those	those	PRON
ftr-490	1468	52	who	who	PRON
ftr-490	1468	53	finance	finance	VERB
ftr-490	1468	54	with	with	ADP
ftr-490	1468	55	recourse	recourse	NOUN
ftr-490	1468	56	debt	debt	NOUN
ftr-490	1468	57	(	(	PUNCT
ftr-490	1468	58	see	see	VERB
ftr-490	1468	59	infra	infra	NOUN
ftr-490	1468	60	note	note	VERB
ftr-490	1468	61	197	197	NUM
ftr-490	1468	62	)	)	PUNCT
ftr-490	1468	63	,	,	PUNCT
ftr-490	1468	64	those	those	PRON
ftr-490	1468	65	who	who	PRON
ftr-490	1468	66	have	have	VERB
ftr-490	1468	67	the	the	DET
ftr-490	1468	68	opportunity	opportunity	NOUN
ftr-490	1468	69	to	to	PART
ftr-490	1468	70	finance	finance	VERB
ftr-490	1468	71	with	with	ADP
ftr-490	1468	72	nonrecourse	nonrecourse	NOUN
ftr-490	1468	73	debt	debt	NOUN
ftr-490	1468	74	.	.	PUNCT
ftr-490	1469	1	and	and	CCONJ
ftr-490	1469	2	those	those	PRON
ftr-490	1469	3	who	who	PRON
ftr-490	1469	4	pay	pay	VERB
ftr-490	1469	5	cash	cash	NOUN
ftr-490	1469	6	.	.	PUNCT
ftr-490	1470	1	19921	19921	NUM
ftr-490	1470	2	florida	florida	PROPN
ftr-490	1470	3	tax	tax	PROPN
ftr-490	1470	4	review	review	NOUN
ftr-490	1470	5	that	that	PRON
ftr-490	1470	6	arises	arise	VERB
ftr-490	1470	7	upon	upon	SCONJ
ftr-490	1470	8	failure	failure	NOUN
ftr-490	1470	9	to	to	PART
ftr-490	1470	10	repay	repay	VERB
ftr-490	1470	11	$	$	SYM
ftr-490	1470	12	22,000	22,000	NUM
ftr-490	1470	13	of	of	ADP
ftr-490	1470	14	the	the	DET
ftr-490	1470	15	loan	loan	NOUN
ftr-490	1470	16	proceeds	proceed	NOUN
ftr-490	1470	17	previously	previously	ADV
ftr-490	1470	18	received	receive	VERB
ftr-490	1470	19	free	free	ADJ
ftr-490	1470	20	of	of	ADP
ftr-490	1470	21	tax	tax	NOUN
ftr-490	1470	22	to	to	ADP
ftr-490	1470	23	a	a	DET
ftr-490	1470	24	decrease	decrease	NOUN
ftr-490	1470	25	in	in	ADP
ftr-490	1470	26	his	his	PRON
ftr-490	1470	27	nondeductible	nondeductible	ADJ
ftr-490	1470	28	loss	loss	NOUN
ftr-490	1470	29	,	,	PUNCT
ftr-490	1470	30	we	we	PRON
ftr-490	1470	31	have	have	AUX
ftr-490	1470	32	mistaxed	mistaxe	VERB
ftr-490	1470	33	little	little	ADJ
ftr-490	1470	34	bucks	buck	NOUN
ftr-490	1470	35	.	.	PUNCT
ftr-490	1471	1	both	both	PRON
ftr-490	1471	2	big	big	ADJ
ftr-490	1471	3	bucks	buck	NOUN
ftr-490	1471	4	and	and	CCONJ
ftr-490	1471	5	little	little	ADJ
ftr-490	1471	6	bucks	buck	NOUN
ftr-490	1471	7	consume	consume	VERB
ftr-490	1471	8	the	the	DET
ftr-490	1471	9	same	same	ADJ
ftr-490	1471	10	$	$	SYM
ftr-490	1471	11	30,000	30,000	NUM
ftr-490	1471	12	of	of	ADP
ftr-490	1471	13	value	value	NOUN
ftr-490	1471	14	in	in	ADP
ftr-490	1471	15	their	their	PRON
ftr-490	1471	16	personal	personal	ADJ
ftr-490	1471	17	residences	residence	NOUN
ftr-490	1471	18	,	,	PUNCT
ftr-490	1471	19	yet	yet	CCONJ
ftr-490	1471	20	big	big	ADJ
ftr-490	1471	21	bucks	buck	NOUN
ftr-490	1471	22	is	be	AUX
ftr-490	1471	23	disallowed	disallow	VERB
ftr-490	1471	24	a	a	DET
ftr-490	1471	25	deduction	deduction	NOUN
ftr-490	1471	26	for	for	ADP
ftr-490	1471	27	the	the	DET
ftr-490	1471	28	entire	entire	ADJ
ftr-490	1471	29	$	$	SYM
ftr-490	1471	30	30,000	30,000	NUM
ftr-490	1471	31	while	while	SCONJ
ftr-490	1471	32	little	little	ADJ
ftr-490	1471	33	bucks	buck	NOUN
ftr-490	1471	34	is	be	AUX
ftr-490	1471	35	allowed	allow	VERB
ftr-490	1471	36	,	,	PUNCT
ftr-490	1471	37	in	in	ADP
ftr-490	1471	38	effect	effect	NOUN
ftr-490	1471	39	,	,	PUNCT
ftr-490	1471	40	a	a	DET
ftr-490	1471	41	deduction	deduction	NOUN
ftr-490	1471	42	of	of	ADP
ftr-490	1471	43	$	$	SYM
ftr-490	1471	44	22,000	22,000	NUM
ftr-490	1471	45	of	of	ADP
ftr-490	1471	46	that	that	DET
ftr-490	1471	47	loss	loss	NOUN
ftr-490	1471	48	.	.	PUNCT
ftr-490	1472	1	if	if	SCONJ
ftr-490	1472	2	little	little	ADJ
ftr-490	1472	3	bucks	buck	NOUN
ftr-490	1472	4	had	have	AUX
ftr-490	1472	5	paid	pay	VERB
ftr-490	1472	6	tax	tax	NOUN
ftr-490	1472	7	on	on	ADP
ftr-490	1472	8	the	the	DET
ftr-490	1472	9	income	income	NOUN
ftr-490	1472	10	used	use	VERB
ftr-490	1472	11	to	to	PART
ftr-490	1472	12	purchase	purchase	VERB
ftr-490	1472	13	the	the	DET
ftr-490	1472	14	residence	residence	NOUN
ftr-490	1472	15	(	(	PUNCT
ftr-490	1472	16	either	either	CCONJ
ftr-490	1472	17	before	before	ADP
ftr-490	1472	18	purchase	purchase	NOUN
ftr-490	1472	19	by	by	ADP
ftr-490	1472	20	not	not	PART
ftr-490	1472	21	borrowing	borrow	VERB
ftr-490	1472	22	money	money	NOUN
ftr-490	1472	23	for	for	ADP
ftr-490	1472	24	the	the	DET
ftr-490	1472	25	purchase	purchase	NOUN
ftr-490	1472	26	or	or	CCONJ
ftr-490	1472	27	on	on	ADP
ftr-490	1472	28	the	the	DET
ftr-490	1472	29	transfer	transfer	NOUN
ftr-490	1472	30	by	by	ADP
ftr-490	1472	31	charging	charge	VERB
ftr-490	1472	32	him	he	PRON
ftr-490	1472	33	with	with	ADP
ftr-490	1472	34	$	$	SYM
ftr-490	1472	35	22,000	22,000	NUM
ftr-490	1472	36	of	of	ADP
ftr-490	1472	37	cod	cod	NOUN
ftr-490	1472	38	income	income	NOUN
ftr-490	1472	39	)	)	PUNCT
ftr-490	1472	40	,	,	PUNCT
ftr-490	1472	41	he	he	PRON
ftr-490	1472	42	would	would	AUX
ftr-490	1472	43	have	have	AUX
ftr-490	1472	44	been	be	AUX
ftr-490	1472	45	similarly	similarly	ADV
ftr-490	1472	46	disallowed	disallow	VERB
ftr-490	1472	47	a	a	DET
ftr-490	1472	48	deduction	deduction	NOUN
ftr-490	1472	49	for	for	ADP
ftr-490	1472	50	the	the	DET
ftr-490	1472	51	entire	entire	ADJ
ftr-490	1472	52	$	$	SYM
ftr-490	1472	53	30,000	30,000	NUM
ftr-490	1472	54	loss	loss	NOUN
ftr-490	1472	55	as	as	ADP
ftr-490	1472	56	personal	personal	ADJ
ftr-490	1472	57	consumption	consumption	NOUN
ftr-490	1472	58	instead	instead	ADV
ftr-490	1472	59	of	of	ADP
ftr-490	1472	60	only	only	ADV
ftr-490	1472	61	for	for	ADP
ftr-490	1472	62	$	$	SYM
ftr-490	1472	63	8,000	8,000	NUM
ftr-490	1472	64	.	.	PUNCT
ftr-490	1472	65	allowing	allow	VERB
ftr-490	1472	66	little	little	ADJ
ftr-490	1472	67	bucks	buck	NOUN
ftr-490	1472	68	to	to	PART
ftr-490	1472	69	escape	escape	VERB
ftr-490	1472	70	taxation	taxation	NOUN
ftr-490	1472	71	on	on	ADP
ftr-490	1472	72	the	the	DET
ftr-490	1472	73	dollars	dollar	NOUN
ftr-490	1472	74	used	use	VERB
ftr-490	1472	75	to	to	PART
ftr-490	1472	76	purchase	purchase	VERB
ftr-490	1472	77	the	the	DET
ftr-490	1472	78	residence	residence	NOUN
ftr-490	1472	79	gives	give	VERB
ftr-490	1472	80	him	he	PRON
ftr-490	1472	81	a	a	DET
ftr-490	1472	82	backdoor	backdoor	NOUN
ftr-490	1472	83	deduction	deduction	NOUN
ftr-490	1472	84	for	for	ADP
ftr-490	1472	85	that	that	DET
ftr-490	1472	86	personal	personal	ADJ
ftr-490	1472	87	consumption	consumption	NOUN
ftr-490	1472	88	;	;	PUNCT
ftr-490	1472	89	it	it	PRON
ftr-490	1472	90	allows	allow	VERB
ftr-490	1472	91	personal	personal	ADJ
ftr-490	1472	92	consumption	consumption	NOUN
ftr-490	1472	93	on	on	ADP
ftr-490	1472	94	a	a	DET
ftr-490	1472	95	before	before	ADP
ftr-490	1472	96	-	-	PUNCT
ftr-490	1472	97	tax	tax	NOUN
ftr-490	1472	98	basis	basis	NOUN
ftr-490	1472	99	.	.	PUNCT
ftr-490	1473	1	the	the	DET
ftr-490	1473	2	hypothetical	hypothetical	ADJ
ftr-490	1473	3	involving	involve	VERB
ftr-490	1473	4	nonrecourse	nonrecourse	NOUN
ftr-490	1473	5	debt	debt	NOUN
ftr-490	1473	6	secured	secure	VERB
ftr-490	1473	7	by	by	ADP
ftr-490	1473	8	personal	personal	ADJ
ftr-490	1473	9	-	-	PUNCT
ftr-490	1473	10	use	use	NOUN
ftr-490	1473	11	property	property	NOUN
ftr-490	1473	12	-	-	PUNCT
ftr-490	1473	13	even	even	ADV
ftr-490	1473	14	if	if	SCONJ
ftr-490	1473	15	not	not	PART
ftr-490	1473	16	very	very	ADV
ftr-490	1473	17	common	common	ADJ
ftr-490	1473	18	or	or	CCONJ
ftr-490	1473	19	realistic	realistic	ADJ
ftr-490	1473	20	in	in	ADP
ftr-490	1473	21	the	the	DET
ftr-490	1473	22	real	real	ADJ
ftr-490	1473	23	world	world	NOUN
ftr-490	1473	24	-	-	PUNCT
ftr-490	1473	25	illustrates	illustrate	VERB
ftr-490	1473	26	the	the	DET
ftr-490	1473	27	inappropriateness	inappropriateness	NOUN
ftr-490	1473	28	of	of	ADP
ftr-490	1473	29	attributing	attribute	VERB
ftr-490	1473	30	the	the	DET
ftr-490	1473	31	accession	accession	NOUN
ftr-490	1473	32	to	to	ADP
ftr-490	1473	33	wealth	wealth	NOUN
ftr-490	1473	34	that	that	PRON
ftr-490	1473	35	arises	arise	VERB
ftr-490	1473	36	on	on	ADP
ftr-490	1473	37	the	the	DET
ftr-490	1473	38	failure	failure	NOUN
ftr-490	1473	39	to	to	PART
ftr-490	1473	40	repay	repay	VERB
ftr-490	1473	41	debt	debt	NOUN
ftr-490	1473	42	secured	secure	VERB
ftr-490	1473	43	only	only	ADV
ftr-490	1473	44	by	by	ADP
ftr-490	1473	45	property	property	NOUN
ftr-490	1473	46	to	to	ADP
ftr-490	1473	47	the	the	DET
ftr-490	1473	48	taxpayer	taxpayer	NOUN
ftr-490	1473	49	's	's	PART
ftr-490	1473	50	ownership	ownership	NOUN
ftr-490	1473	51	interest	interest	NOUN
ftr-490	1473	52	in	in	ADP
ftr-490	1473	53	the	the	DET
ftr-490	1473	54	property	property	NOUN
ftr-490	1473	55	itself	itself	PRON
ftr-490	1473	56	.	.	PUNCT
ftr-490	1474	1	the	the	DET
ftr-490	1474	2	accession	accession	NOUN
ftr-490	1474	3	to	to	ADP
ftr-490	1474	4	wealth	wealth	NOUN
ftr-490	1474	5	is	be	AUX
ftr-490	1474	6	attributable	attributable	ADJ
ftr-490	1474	7	to	to	ADP
ftr-490	1474	8	the	the	DET
ftr-490	1474	9	debt	debt	NOUN
ftr-490	1474	10	or	or	CCONJ
ftr-490	1474	11	,	,	PUNCT
ftr-490	1474	12	more	more	ADV
ftr-490	1474	13	accurately	accurately	ADV
ftr-490	1474	14	,	,	PUNCT
ftr-490	1474	15	to	to	ADP
ftr-490	1474	16	the	the	DET
ftr-490	1474	17	failure	failure	NOUN
ftr-490	1474	18	to	to	PART
ftr-490	1474	19	repay	repay	VERB
ftr-490	1474	20	loan	loan	NOUN
ftr-490	1474	21	proceeds	proceed	NOUN
ftr-490	1474	22	previously	previously	ADV
ftr-490	1474	23	received	receive	VERB
ftr-490	1474	24	free	free	ADJ
ftr-490	1474	25	of	of	ADP
ftr-490	1474	26	tax	tax	NOUN
ftr-490	1474	27	on	on	ADP
ftr-490	1474	28	the	the	DET
ftr-490	1474	29	assumption	assumption	NOUN
ftr-490	1474	30	that	that	SCONJ
ftr-490	1474	31	they	they	PRON
ftr-490	1474	32	would	would	AUX
ftr-490	1474	33	be	be	AUX
ftr-490	1474	34	repaid	repay	VERB
ftr-490	1474	35	in	in	ADP
ftr-490	1474	36	full	full	ADJ
ftr-490	1474	37	with	with	ADP
ftr-490	1474	38	after	after	ADP
ftr-490	1474	39	-	-	PUNCT
ftr-490	1474	40	tax	tax	NOUN
ftr-490	1474	41	dollars	dollar	NOUN
ftr-490	1474	42	.	.	PUNCT
ftr-490	1475	1	thus	thus	ADV
ftr-490	1475	2	,	,	PUNCT
ftr-490	1475	3	the	the	DET
ftr-490	1475	4	accession	accession	NOUN
ftr-490	1475	5	to	to	ADP
ftr-490	1475	6	wealth	wealth	NOUN
ftr-490	1475	7	in	in	ADP
ftr-490	1475	8	the	the	DET
ftr-490	1475	9	tufts	tufts	NOUN
ftr-490	1475	10	situation	situation	NOUN
ftr-490	1475	11	should	should	AUX
ftr-490	1475	12	produce	produce	VERB
ftr-490	1475	13	cod	cod	NOUN
ftr-490	1475	14	income	income	NOUN
ftr-490	1475	15	-	-	PUNCT
ftr-490	1475	16	not	not	PART
ftr-490	1475	17	additional	additional	ADJ
ftr-490	1475	18	gain	gain	NOUN
ftr-490	1475	19	or	or	CCONJ
ftr-490	1475	20	decreased	decrease	VERB
ftr-490	1475	21	loss	loss	NOUN
ftr-490	1475	22	on	on	ADP
ftr-490	1475	23	the	the	DET
ftr-490	1475	24	property	property	NOUN
ftr-490	1475	25	disposition	disposition	NOUN
ftr-490	1475	26	-	-	PUNCT
ftr-490	1475	27	just	just	ADV
ftr-490	1475	28	as	as	SCONJ
ftr-490	1475	29	it	it	PRON
ftr-490	1475	30	would	would	AUX
ftr-490	1475	31	if	if	SCONJ
ftr-490	1475	32	the	the	DET
ftr-490	1475	33	property	property	NOUN
ftr-490	1475	34	were	be	AUX
ftr-490	1475	35	retained	retain	VERB
ftr-490	1475	36	rather	rather	ADV
ftr-490	1475	37	than	than	ADP
ftr-490	1475	38	transferred	transfer	VERB
ftr-490	1475	39	and	and	CCONJ
ftr-490	1475	40	just	just	ADV
ftr-490	1475	41	as	as	SCONJ
ftr-490	1475	42	it	it	PRON
ftr-490	1475	43	would	would	AUX
ftr-490	1475	44	if	if	SCONJ
ftr-490	1475	45	the	the	DET
ftr-490	1475	46	debt	debt	NOUN
ftr-490	1475	47	were	be	AUX
ftr-490	1475	48	recourse	recourse	NOUN
ftr-490	1475	49	.	.	PUNCT
ftr-490	1475	50	'	'	PUNCT
ftr-490	1476	1	96	96	NUM
ftr-490	1476	2	big	big	ADJ
ftr-490	1476	3	bucks	buck	NOUN
ftr-490	1476	4	and	and	CCONJ
ftr-490	1476	5	little	little	ADJ
ftr-490	1476	6	bucks	buck	NOUN
ftr-490	1476	7	both	both	CCONJ
ftr-490	1476	8	realize	realize	VERB
ftr-490	1476	9	$	$	SYM
ftr-490	1476	10	30,000	30,000	NUM
ftr-490	1476	11	in	in	ADP
ftr-490	1476	12	nondeductible	nondeductible	ADJ
ftr-490	1476	13	personal	personal	ADJ
ftr-490	1476	14	consumption	consumption	NOUN
ftr-490	1476	15	.	.	PUNCT
ftr-490	1477	1	little	little	ADJ
ftr-490	1477	2	bucks	buck	NOUN
ftr-490	1477	3	also	also	ADV
ftr-490	1477	4	realizes	realize	VERB
ftr-490	1477	5	$	$	SYM
ftr-490	1477	6	22,000	22,000	NUM
ftr-490	1477	7	in	in	ADP
ftr-490	1477	8	cod	cod	NOUN
ftr-490	1477	9	income	income	NOUN
ftr-490	1477	10	because	because	SCONJ
ftr-490	1477	11	of	of	ADP
ftr-490	1477	12	the	the	DET
ftr-490	1477	13	failure	failure	NOUN
ftr-490	1477	14	to	to	PART
ftr-490	1477	15	repay	repay	VERB
ftr-490	1477	16	with	with	ADP
ftr-490	1477	17	after	after	ADP
ftr-490	1477	18	-	-	PUNCT
ftr-490	1477	19	tax	tax	NOUN
ftr-490	1477	20	dollars	dollar	NOUN
ftr-490	1477	21	$	$	SYM
ftr-490	1477	22	22,000	22,000	NUM
ftr-490	1477	23	of	of	ADP
ftr-490	1477	24	the	the	DET
ftr-490	1477	25	original	original	ADJ
ftr-490	1477	26	$	$	SYM
ftr-490	1477	27	130,000	130,000	NUM
ftr-490	1477	28	before	before	ADP
ftr-490	1477	29	-	-	PUNCT
ftr-490	1477	30	tax	tax	NOUN
ftr-490	1477	31	dollars	dollar	NOUN
ftr-490	1477	32	used	use	VERB
ftr-490	1477	33	to	to	PART
ftr-490	1477	34	purchase	purchase	VERB
ftr-490	1477	35	the	the	DET
ftr-490	1477	36	residence	residence	NOUN
ftr-490	1477	37	.	.	PUNCT
ftr-490	1478	1	'97	'97	NUM
ftr-490	1478	2	this	this	DET
ftr-490	1478	3	analysis	analysis	NOUN
ftr-490	1478	4	does	do	AUX
ftr-490	1478	5	not	not	PART
ftr-490	1478	6	mean	mean	VERB
ftr-490	1478	7	that	that	SCONJ
ftr-490	1478	8	we	we	PRON
ftr-490	1478	9	should	should	AUX
ftr-490	1478	10	have	have	VERB
ftr-490	1478	11	a	a	DET
ftr-490	1478	12	special	special	ADJ
ftr-490	1478	13	rule	rule	NOUN
ftr-490	1478	14	applying	apply	VERB
ftr-490	1478	15	the	the	DET
ftr-490	1478	16	bifurcated	bifurcated	ADJ
ftr-490	1478	17	approach	approach	NOUN
ftr-490	1478	18	to	to	ADP
ftr-490	1478	19	tufts	tufts	NOUN
ftr-490	1478	20	transfers	transfer	NOUN
ftr-490	1478	21	involving	involve	VERB
ftr-490	1478	22	nonrecourse	nonrecourse	ADJ
ftr-490	1478	23	debt	debt	NOUN
ftr-490	1478	24	in	in	ADP
ftr-490	1478	25	the	the	DET
ftr-490	1478	26	case	case	NOUN
ftr-490	1478	27	of	of	ADP
ftr-490	1478	28	personal	personal	ADJ
ftr-490	1478	29	-	-	PUNCT
ftr-490	1478	30	use	use	NOUN
ftr-490	1478	31	property	property	NOUN
ftr-490	1478	32	while	while	SCONJ
ftr-490	1478	33	maintaining	maintain	VERB
ftr-490	1478	34	the	the	DET
ftr-490	1478	35	collapsed	collapse	VERB
ftr-490	1478	36	approach	approach	NOUN
ftr-490	1478	37	for	for	ADP
ftr-490	1478	38	business	business	NOUN
ftr-490	1478	39	and	and	CCONJ
ftr-490	1478	40	investment	investment	NOUN
ftr-490	1478	41	property	property	NOUN
ftr-490	1478	42	.	.	PUNCT
ftr-490	1479	1	moreover	moreover	ADV
ftr-490	1479	2	,	,	PUNCT
ftr-490	1479	3	because	because	SCONJ
ftr-490	1479	4	the	the	DET
ftr-490	1479	5	hypothetical	hypothetical	ADJ
ftr-490	1479	6	demonstrates	demonstrate	VERB
ftr-490	1479	7	why	why	SCONJ
ftr-490	1479	8	the	the	DET
ftr-490	1479	9	collapsed	collapsed	ADJ
ftr-490	1479	10	approach	approach	NOUN
ftr-490	1479	11	itself	itself	PRON
ftr-490	1479	12	is	be	AUX
ftr-490	1479	13	flawed	flaw	VERB
ftr-490	1479	14	conceptually	conceptually	ADV
ftr-490	1479	15	,	,	PUNCT
ftr-490	1479	16	it	it	PRON
ftr-490	1479	17	also	also	ADV
ftr-490	1479	18	196	196	NUM
ftr-490	1479	19	.	.	PUNCT
ftr-490	1480	1	see	see	VERB
ftr-490	1480	2	supra	supra	PROPN
ftr-490	1480	3	notes	note	VERB
ftr-490	1480	4	132	132	NUM
ftr-490	1480	5	-	-	SYM
ftr-490	1480	6	36	36	NUM
ftr-490	1480	7	and	and	CCONJ
ftr-490	1480	8	accompanying	accompany	VERB
ftr-490	1480	9	text	text	NOUN
ftr-490	1480	10	(	(	PUNCT
ftr-490	1480	11	discussing	discuss	VERB
ftr-490	1480	12	revenue	revenue	NOUN
ftr-490	1480	13	ruling	ruling	NOUN
ftr-490	1480	14	9131	9131	NUM
ftr-490	1480	15	,	,	PUNCT
ftr-490	1480	16	1991	1991	NUM
ftr-490	1480	17	-	-	SYM
ftr-490	1480	18	1	1	NUM
ftr-490	1480	19	c.b	c.b	PROPN
ftr-490	1480	20	.	.	PROPN
ftr-490	1480	21	19	19	NUM
ftr-490	1480	22	,	,	PUNCT
ftr-490	1480	23	in	in	ADP
ftr-490	1480	24	the	the	DET
ftr-490	1480	25	retained	retain	VERB
ftr-490	1480	26	collateral	collateral	ADJ
ftr-490	1480	27	context	context	NOUN
ftr-490	1480	28	)	)	PUNCT
ftr-490	1480	29	and	and	CCONJ
ftr-490	1480	30	notes	note	VERB
ftr-490	1480	31	4	4	NUM
ftr-490	1480	32	-	-	SYM
ftr-490	1480	33	8	8	NUM
ftr-490	1480	34	and	and	CCONJ
ftr-490	1480	35	accompanying	accompany	VERB
ftr-490	1480	36	text	text	NOUN
ftr-490	1480	37	(	(	PUNCT
ftr-490	1480	38	describing	describe	VERB
ftr-490	1480	39	the	the	DET
ftr-490	1480	40	bifurcated	bifurcated	ADJ
ftr-490	1480	41	approach	approach	NOUN
ftr-490	1480	42	in	in	ADP
ftr-490	1480	43	the	the	DET
ftr-490	1480	44	transfer	transfer	NOUN
ftr-490	1480	45	context	context	NOUN
ftr-490	1480	46	for	for	ADP
ftr-490	1480	47	recourse	recourse	NOUN
ftr-490	1480	48	debt	debt	NOUN
ftr-490	1480	49	)	)	PUNCT
ftr-490	1480	50	.	.	PUNCT
ftr-490	1481	1	197	197	NUM
ftr-490	1481	2	.	.	PUNCT
ftr-490	1482	1	the	the	DET
ftr-490	1482	2	same	same	ADJ
ftr-490	1482	3	incongruous	incongruous	ADJ
ftr-490	1482	4	results	result	NOUN
ftr-490	1482	5	would	would	AUX
ftr-490	1482	6	occur	occur	VERB
ftr-490	1482	7	if	if	SCONJ
ftr-490	1482	8	big	big	ADJ
ftr-490	1482	9	bucks	buck	NOUN
ftr-490	1482	10	had	have	AUX
ftr-490	1482	11	not	not	PART
ftr-490	1482	12	purchased	purchase	VERB
ftr-490	1482	13	her	her	PRON
ftr-490	1482	14	residence	residence	NOUN
ftr-490	1482	15	with	with	ADP
ftr-490	1482	16	cash	cash	NOUN
ftr-490	1482	17	but	but	CCONJ
ftr-490	1482	18	rather	rather	ADV
ftr-490	1482	19	incurred	incur	VERB
ftr-490	1482	20	a	a	DET
ftr-490	1482	21	recourse	recourse	NOUN
ftr-490	1482	22	loan	loan	NOUN
ftr-490	1482	23	for	for	ADP
ftr-490	1482	24	the	the	DET
ftr-490	1482	25	entire	entire	ADJ
ftr-490	1482	26	$	$	SYM
ftr-490	1482	27	130,000	130,000	NUM
ftr-490	1482	28	purchase	purchase	NOUN
ftr-490	1482	29	price	price	NOUN
ftr-490	1482	30	and	and	CCONJ
ftr-490	1482	31	,	,	PUNCT
ftr-490	1482	32	just	just	ADV
ftr-490	1482	33	as	as	ADP
ftr-490	1482	34	little	little	ADJ
ftr-490	1482	35	bucks	buck	NOUN
ftr-490	1482	36	,	,	PUNCT
ftr-490	1482	37	then	then	ADV
ftr-490	1482	38	transferred	transfer	VERB
ftr-490	1482	39	the	the	DET
ftr-490	1482	40	residence	residence	NOUN
ftr-490	1482	41	to	to	ADP
ftr-490	1482	42	the	the	DET
ftr-490	1482	43	creditor	creditor	NOUN
ftr-490	1482	44	at	at	ADP
ftr-490	1482	45	a	a	DET
ftr-490	1482	46	time	time	NOUN
ftr-490	1482	47	when	when	SCONJ
ftr-490	1482	48	the	the	DET
ftr-490	1482	49	residence	residence	NOUN
ftr-490	1482	50	was	be	AUX
ftr-490	1482	51	worth	worth	ADJ
ftr-490	1482	52	only	only	ADV
ftr-490	1482	53	$	$	SYM
ftr-490	1482	54	100,000	100,000	NUM
ftr-490	1482	55	but	but	CCONJ
ftr-490	1482	56	the	the	DET
ftr-490	1482	57	outstanding	outstanding	ADJ
ftr-490	1482	58	debt	debt	NOUN
ftr-490	1482	59	(	(	PUNCT
ftr-490	1482	60	which	which	PRON
ftr-490	1482	61	the	the	DET
ftr-490	1482	62	creditor	creditor	NOUN
ftr-490	1482	63	does	do	AUX
ftr-490	1482	64	not	not	PART
ftr-490	1482	65	pursue	pursue	VERB
ftr-490	1482	66	)	)	PUNCT
ftr-490	1482	67	is	be	AUX
ftr-490	1482	68	$	$	SYM
ftr-490	1482	69	122,000	122,000	NUM
ftr-490	1482	70	.	.	PUNCT
ftr-490	1483	1	under	under	ADP
ftr-490	1483	2	the	the	DET
ftr-490	1483	3	bifurcated	bifurcated	ADJ
ftr-490	1483	4	approach	approach	NOUN
ftr-490	1483	5	applied	apply	VERB
ftr-490	1483	6	to	to	PART
ftr-490	1483	7	recourse	recourse	VERB
ftr-490	1483	8	debt	debt	NOUN
ftr-490	1483	9	,	,	PUNCT
ftr-490	1483	10	big	big	ADJ
ftr-490	1483	11	bucks	buck	NOUN
ftr-490	1483	12	would	would	AUX
ftr-490	1483	13	still	still	ADV
ftr-490	1483	14	realize	realize	VERB
ftr-490	1483	15	a	a	DET
ftr-490	1483	16	$	$	SYM
ftr-490	1483	17	30,000	30,000	NUM
ftr-490	1483	18	nondeductible	nondeductible	ADJ
ftr-490	1483	19	personal	personal	ADJ
ftr-490	1483	20	loss	loss	NOUN
ftr-490	1483	21	.	.	PUNCT
ftr-490	1484	1	under	under	ADP
ftr-490	1484	2	this	this	DET
ftr-490	1484	3	scenario	scenario	NOUN
ftr-490	1484	4	,	,	PUNCT
ftr-490	1484	5	however	however	ADV
ftr-490	1484	6	,	,	PUNCT
ftr-490	1484	7	big	big	ADJ
ftr-490	1484	8	bucks	buck	NOUN
ftr-490	1484	9	would	would	AUX
ftr-490	1484	10	also	also	ADV
ftr-490	1484	11	realize	realize	VERB
ftr-490	1484	12	$	$	SYM
ftr-490	1484	13	22,000	22,000	NUM
ftr-490	1484	14	of	of	ADP
ftr-490	1484	15	cod	cod	NOUN
ftr-490	1484	16	income	income	NOUN
ftr-490	1484	17	.	.	PUNCT
ftr-490	1485	1	so	so	ADV
ftr-490	1485	2	should	should	AUX
ftr-490	1485	3	little	little	ADJ
ftr-490	1485	4	bucks	buck	NOUN
ftr-490	1485	5	.	.	PUNCT
ftr-490	1486	1	[	[	X
ftr-490	1486	2	vol	vol	NOUN
ftr-490	1486	3	1:3	1:3	NUM
ftr-490	1486	4	tufts	tuft	NOUN
ftr-490	1486	5	and	and	CCONJ
ftr-490	1486	6	the	the	DET
ftr-490	1486	7	evolution	evolution	NOUN
ftr-490	1486	8	of	of	ADP
ftr-490	1486	9	debt	debt	NOUN
ftr-490	1486	10	-	-	PUNCT
ftr-490	1486	11	discharge	discharge	NOUN
ftr-490	1486	12	theory	theory	NOUN
ftr-490	1486	13	demonstrates	demonstrate	VERB
ftr-490	1486	14	that	that	SCONJ
ftr-490	1486	15	our	our	PRON
ftr-490	1486	16	problems	problem	NOUN
ftr-490	1486	17	would	would	AUX
ftr-490	1486	18	not	not	PART
ftr-490	1486	19	be	be	AUX
ftr-490	1486	20	solved	solve	VERB
ftr-490	1486	21	by	by	ADP
ftr-490	1486	22	adopting	adopt	VERB
ftr-490	1486	23	the	the	DET
ftr-490	1486	24	collapsed	collapse	VERB
ftr-490	1486	25	approach	approach	NOUN
ftr-490	1486	26	for	for	ADP
ftr-490	1486	27	both	both	CCONJ
ftr-490	1486	28	recourse	recourse	NOUN
ftr-490	1486	29	and	and	CCONJ
ftr-490	1486	30	nonrecourse	nonrecourse	ADJ
ftr-490	1486	31	debt	debt	NOUN
ftr-490	1486	32	.	.	PUNCT
ftr-490	1487	1	while	while	SCONJ
ftr-490	1487	2	the	the	DET
ftr-490	1487	3	manipulation	manipulation	NOUN
ftr-490	1487	4	described	describe	VERB
ftr-490	1487	5	in	in	ADP
ftr-490	1487	6	part	part	NOUN
ftr-490	1487	7	i	i	PRON
ftr-490	1487	8	m.	m.	PROPN
ftr-490	1487	9	c.	c.	PROPN
ftr-490	1487	10	would	would	AUX
ftr-490	1487	11	be	be	AUX
ftr-490	1487	12	reduced	reduce	VERB
ftr-490	1487	13	if	if	SCONJ
ftr-490	1487	14	the	the	DET
ftr-490	1487	15	collapsed	collapsed	ADJ
ftr-490	1487	16	approach	approach	NOUN
ftr-490	1487	17	were	be	AUX
ftr-490	1487	18	applied	apply	VERB
ftr-490	1487	19	to	to	ADP
ftr-490	1487	20	all	all	DET
ftr-490	1487	21	debt	debt	NOUN
ftr-490	1487	22	,	,	PUNCT
ftr-490	1487	23	the	the	DET
ftr-490	1487	24	conceptual	conceptual	ADJ
ftr-490	1487	25	flaw	flaw	NOUN
ftr-490	1487	26	inherent	inherent	ADJ
ftr-490	1487	27	in	in	ADP
ftr-490	1487	28	the	the	DET
ftr-490	1487	29	collapsed	collapsed	ADJ
ftr-490	1487	30	approach	approach	NOUN
ftr-490	1487	31	itself	itself	PRON
ftr-490	1487	32	would	would	AUX
ftr-490	1487	33	remain	remain	VERB
ftr-490	1487	34	.	.	PUNCT
ftr-490	1488	1	(	(	PUNCT
ftr-490	1488	2	moreover	moreover	ADV
ftr-490	1488	3	,	,	PUNCT
ftr-490	1488	4	such	such	DET
ftr-490	1488	5	an	an	DET
ftr-490	1488	6	approach	approach	NOUN
ftr-490	1488	7	would	would	AUX
ftr-490	1488	8	continue	continue	VERB
ftr-490	1488	9	the	the	DET
ftr-490	1488	10	disparate	disparate	ADJ
ftr-490	1488	11	results	result	NOUN
ftr-490	1488	12	that	that	PRON
ftr-490	1488	13	occur	occur	VERB
ftr-490	1488	14	between	between	ADP
ftr-490	1488	15	the	the	DET
ftr-490	1488	16	transfer	transfer	NOUN
ftr-490	1488	17	and	and	CCONJ
ftr-490	1488	18	nontransfer	nontransfer	NOUN
ftr-490	1488	19	contexts	context	NOUN
ftr-490	1488	20	.	.	PUNCT
ftr-490	1488	21	)	)	PUNCT
ftr-490	1489	1	as	as	SCONJ
ftr-490	1489	2	has	have	AUX
ftr-490	1489	3	been	be	AUX
ftr-490	1489	4	noted	note	VERB
ftr-490	1489	5	elsewhere	elsewhere	ADV
ftr-490	1489	6	,	,	PUNCT
ftr-490	1489	7	one	one	NUM
ftr-490	1489	8	way	way	NOUN
ftr-490	1489	9	to	to	PART
ftr-490	1489	10	test	test	VERB
ftr-490	1489	11	the	the	DET
ftr-490	1489	12	rationality	rationality	NOUN
ftr-490	1489	13	of	of	ADP
ftr-490	1489	14	a	a	DET
ftr-490	1489	15	theory	theory	NOUN
ftr-490	1489	16	is	be	AUX
ftr-490	1489	17	to	to	PART
ftr-490	1489	18	apply	apply	VERB
ftr-490	1489	19	it	it	PRON
ftr-490	1489	20	in	in	ADP
ftr-490	1489	21	other	other	ADJ
ftr-490	1489	22	factual	factual	ADJ
ftr-490	1489	23	situations	situation	NOUN
ftr-490	1489	24	.	.	PUNCT
ftr-490	1489	25	'98	'98	NUM
ftr-490	1489	26	considering	consider	VERB
ftr-490	1489	27	the	the	DET
ftr-490	1489	28	collapsed	collapsed	ADJ
ftr-490	1489	29	approach	approach	NOUN
ftr-490	1489	30	in	in	ADP
ftr-490	1489	31	the	the	DET
ftr-490	1489	32	context	context	NOUN
ftr-490	1489	33	of	of	ADP
ftr-490	1489	34	personal	personal	ADJ
ftr-490	1489	35	-	-	PUNCT
ftr-490	1489	36	use	use	NOUN
ftr-490	1489	37	property	property	NOUN
ftr-490	1489	38	simply	simply	ADV
ftr-490	1489	39	reveals	reveal	VERB
ftr-490	1489	40	more	more	ADV
ftr-490	1489	41	starkly	starkly	ADV
ftr-490	1489	42	the	the	DET
ftr-490	1489	43	conceptual	conceptual	ADJ
ftr-490	1489	44	flaw	flaw	NOUN
ftr-490	1489	45	in	in	ADP
ftr-490	1489	46	the	the	DET
ftr-490	1489	47	collapsed	collapsed	ADJ
ftr-490	1489	48	approach	approach	NOUN
ftr-490	1489	49	itself	itself	PRON
ftr-490	1489	50	:	:	PUNCT
ftr-490	1489	51	the	the	DET
ftr-490	1489	52	inappropriate	inappropriate	ADJ
ftr-490	1489	53	linking	linking	NOUN
ftr-490	1489	54	of	of	ADP
ftr-490	1489	55	the	the	DET
ftr-490	1489	56	accession	accession	NOUN
ftr-490	1489	57	to	to	ADP
ftr-490	1489	58	wealth	wealth	NOUN
ftr-490	1489	59	on	on	ADP
ftr-490	1489	60	the	the	DET
ftr-490	1489	61	debt	debt	NOUN
ftr-490	1489	62	discharge	discharge	NOUN
ftr-490	1489	63	to	to	ADP
ftr-490	1489	64	the	the	DET
ftr-490	1489	65	tax	tax	NOUN
ftr-490	1489	66	consequences	consequence	NOUN
ftr-490	1489	67	of	of	ADP
ftr-490	1489	68	the	the	DET
ftr-490	1489	69	property	property	NOUN
ftr-490	1489	70	disposition	disposition	NOUN
ftr-490	1489	71	rather	rather	ADV
ftr-490	1489	72	than	than	ADP
ftr-490	1489	73	to	to	ADP
ftr-490	1489	74	the	the	DET
ftr-490	1489	75	debt	debt	NOUN
ftr-490	1489	76	itself	itself	PRON
ftr-490	1489	77	.	.	PUNCT
ftr-490	1490	1	the	the	DET
ftr-490	1490	2	collapsed	collapse	VERB
ftr-490	1490	3	approach	approach	NOUN
ftr-490	1490	4	should	should	AUX
ftr-490	1490	5	be	be	AUX
ftr-490	1490	6	abandoned	abandon	VERB
ftr-490	1490	7	once	once	ADV
ftr-490	1490	8	and	and	CCONJ
ftr-490	1490	9	for	for	ADP
ftr-490	1490	10	all	all	PRON
ftr-490	1490	11	.	.	PUNCT
ftr-490	1491	1	a	a	DET
ftr-490	1491	2	niggling	niggle	VERB
ftr-490	1491	3	footnote	footnote	NOUN
ftr-490	1491	4	must	must	AUX
ftr-490	1491	5	be	be	AUX
ftr-490	1491	6	considered	consider	VERB
ftr-490	1491	7	in	in	ADP
ftr-490	1491	8	advocating	advocate	VERB
ftr-490	1491	9	that	that	DET
ftr-490	1491	10	solution	solution	NOUN
ftr-490	1491	11	,	,	PUNCT
ftr-490	1491	12	however	however	ADV
ftr-490	1491	13	:	:	PUNCT
ftr-490	1491	14	the	the	DET
ftr-490	1491	15	supreme	supreme	PROPN
ftr-490	1491	16	court	court	PROPN
ftr-490	1491	17	's	's	PART
ftr-490	1491	18	decision	decision	NOUN
ftr-490	1491	19	in	in	ADP
ftr-490	1491	20	bowers	bower	NOUN
ftr-490	1491	21	v.	v.	ADP
ftr-490	1491	22	kerbaugh	kerbaugh	PROPN
ftr-490	1491	23	-	-	PUNCT
ftr-490	1491	24	empire	empire	NOUN
ftr-490	1491	25	co.	co.	PROPN
ftr-490	1491	26	199	199	NUM
ftr-490	1491	27	the	the	DET
ftr-490	1491	28	taxpayer	taxpayer	NOUN
ftr-490	1491	29	in	in	ADP
ftr-490	1491	30	that	that	DET
ftr-490	1491	31	case	case	NOUN
ftr-490	1491	32	borrowed	borrow	VERB
ftr-490	1491	33	german	german	ADJ
ftr-490	1491	34	marks	mark	NOUN
ftr-490	1491	35	before	before	ADP
ftr-490	1491	36	world	world	NOUN
ftr-490	1491	37	war	war	PROPN
ftr-490	1491	38	i	i	PRON
ftr-490	1491	39	,	,	PUNCT
ftr-490	1491	40	converted	convert	VERB
ftr-490	1491	41	the	the	DET
ftr-490	1491	42	borrowed	borrow	VERB
ftr-490	1491	43	funds	fund	NOUN
ftr-490	1491	44	into	into	ADP
ftr-490	1491	45	dollars	dollar	NOUN
ftr-490	1491	46	,	,	PUNCT
ftr-490	1491	47	lost	lose	VERB
ftr-490	1491	48	them	they	PRON
ftr-490	1491	49	in	in	ADP
ftr-490	1491	50	a	a	DET
ftr-490	1491	51	business	business	NOUN
ftr-490	1491	52	transaction	transaction	NOUN
ftr-490	1491	53	,	,	PUNCT
ftr-490	1491	54	and	and	CCONJ
ftr-490	1491	55	finally	finally	ADV
ftr-490	1491	56	repaid	repay	VERB
ftr-490	1491	57	the	the	DET
ftr-490	1491	58	post	post	ADJ
ftr-490	1491	59	-	-	ADJ
ftr-490	1491	60	war	war	ADJ
ftr-490	1491	61	devalued	devalue	VERB
ftr-490	1491	62	marks	mark	NOUN
ftr-490	1491	63	with	with	ADP
ftr-490	1491	64	dollars	dollar	NOUN
ftr-490	1491	65	that	that	PRON
ftr-490	1491	66	cost	cost	VERB
ftr-490	1491	67	about	about	ADV
ftr-490	1491	68	$	$	SYM
ftr-490	1491	69	685,000	685,000	NUM
ftr-490	1491	70	less	less	ADJ
ftr-490	1491	71	than	than	ADP
ftr-490	1491	72	the	the	DET
ftr-490	1491	73	borrowed	borrow	VERB
ftr-490	1491	74	marks	mark	NOUN
ftr-490	1491	75	were	be	AUX
ftr-490	1491	76	worth	worth	ADJ
ftr-490	1491	77	when	when	SCONJ
ftr-490	1491	78	received	receive	VERB
ftr-490	1491	79	and	and	CCONJ
ftr-490	1491	80	originally	originally	ADV
ftr-490	1491	81	converted	convert	VERB
ftr-490	1491	82	into	into	ADP
ftr-490	1491	83	dollars	dollar	NOUN
ftr-490	1491	84	.	.	PUNCT
ftr-490	1492	1	in	in	ADP
ftr-490	1492	2	effect	effect	NOUN
ftr-490	1492	3	,	,	PUNCT
ftr-490	1492	4	the	the	DET
ftr-490	1492	5	taxpayer	taxpayer	NOUN
ftr-490	1492	6	borrowed	borrow	VERB
ftr-490	1492	7	more	more	ADJ
ftr-490	1492	8	than	than	SCONJ
ftr-490	1492	9	it	it	PRON
ftr-490	1492	10	repaid	repay	VERB
ftr-490	1492	11	even	even	ADV
ftr-490	1492	12	though	though	SCONJ
ftr-490	1492	13	the	the	DET
ftr-490	1492	14	transaction	transaction	NOUN
ftr-490	1492	15	as	as	ADP
ftr-490	1492	16	a	a	DET
ftr-490	1492	17	whole	whole	NOUN
ftr-490	1492	18	,	,	PUNCT
ftr-490	1492	19	considering	consider	VERB
ftr-490	1492	20	the	the	DET
ftr-490	1492	21	use	use	NOUN
ftr-490	1492	22	to	to	PART
ftr-490	1492	23	which	which	PRON
ftr-490	1492	24	the	the	DET
ftr-490	1492	25	loan	loan	NOUN
ftr-490	1492	26	proceeds	proceed	NOUN
ftr-490	1492	27	were	be	AUX
ftr-490	1492	28	put	put	VERB
ftr-490	1492	29	,	,	PUNCT
ftr-490	1492	30	resulted	result	VERB
ftr-490	1492	31	in	in	ADP
ftr-490	1492	32	a	a	DET
ftr-490	1492	33	loss	loss	NOUN
ftr-490	1492	34	for	for	ADP
ftr-490	1492	35	the	the	DET
ftr-490	1492	36	taxpayer	taxpayer	NOUN
ftr-490	1492	37	.	.	PUNCT
ftr-490	1493	1	the	the	DET
ftr-490	1493	2	court	court	NOUN
ftr-490	1493	3	held	hold	VERB
ftr-490	1493	4	that	that	SCONJ
ftr-490	1493	5	the	the	DET
ftr-490	1493	6	difference	difference	NOUN
ftr-490	1493	7	between	between	ADP
ftr-490	1493	8	the	the	DET
ftr-490	1493	9	value	value	NOUN
ftr-490	1493	10	of	of	ADP
ftr-490	1493	11	the	the	DET
ftr-490	1493	12	marks	mark	NOUN
ftr-490	1493	13	when	when	SCONJ
ftr-490	1493	14	received	receive	VERB
ftr-490	1493	15	and	and	CCONJ
ftr-490	1493	16	when	when	SCONJ
ftr-490	1493	17	repaid	repay	VERB
ftr-490	1493	18	was	be	AUX
ftr-490	1493	19	not	not	PART
ftr-490	1493	20	income2	income2	PROPN
ftr-490	1493	21	°	°	NOUN
ftr-490	1493	22	because	because	SCONJ
ftr-490	1493	23	the	the	DET
ftr-490	1493	24	"	"	PUNCT
ftr-490	1493	25	the	the	DET
ftr-490	1493	26	whole	whole	ADJ
ftr-490	1493	27	transaction	transaction	NOUN
ftr-490	1493	28	was	be	AUX
ftr-490	1493	29	a	a	DET
ftr-490	1493	30	loss	loss	NOUN
ftr-490	1493	31	"	"	PUNCT
ftr-490	1493	32	'	'	PUNCT
ftr-490	1493	33	"	"	PUNCT
ftr-490	1493	34	and	and	CCONJ
ftr-490	1493	35	"	"	PUNCT
ftr-490	1493	36	the	the	DET
ftr-490	1493	37	mere	mere	ADJ
ftr-490	1493	38	diminution	diminution	NOUN
ftr-490	1493	39	of	of	ADP
ftr-490	1493	40	loss	loss	NOUN
ftr-490	1493	41	is	be	AUX
ftr-490	1493	42	not	not	PART
ftr-490	1493	43	gain	gain	NOUN
ftr-490	1493	44	,	,	PUNCT
ftr-490	1493	45	profit	profit	NOUN
ftr-490	1493	46	or	or	CCONJ
ftr-490	1493	47	income	income	NOUN
ftr-490	1493	48	.	.	PUNCT
ftr-490	1494	1	"20	"20	PROPN
ftr-490	1494	2	2	2	NUM
ftr-490	1495	1	in	in	ADP
ftr-490	1495	2	effect	effect	NOUN
ftr-490	1495	3	,	,	PUNCT
ftr-490	1495	4	the	the	DET
ftr-490	1495	5	court	court	NOUN
ftr-490	1495	6	applied	apply	VERB
ftr-490	1495	7	the	the	DET
ftr-490	1495	8	collapsed	collapsed	ADJ
ftr-490	1495	9	approach	approach	NOUN
ftr-490	1495	10	in	in	ADP
ftr-490	1495	11	considering	consider	VERB
ftr-490	1495	12	the	the	DET
ftr-490	1495	13	net	net	ADJ
ftr-490	1495	14	effect	effect	NOUN
ftr-490	1495	15	of	of	ADP
ftr-490	1495	16	the	the	DET
ftr-490	1495	17	borrowing	borrowing	NOUN
ftr-490	1495	18	transaction	transaction	NOUN
ftr-490	1495	19	coupled	couple	VERB
ftr-490	1495	20	with	with	ADP
ftr-490	1495	21	the	the	DET
ftr-490	1495	22	transaction	transaction	NOUN
ftr-490	1495	23	in	in	ADP
ftr-490	1495	24	which	which	PRON
ftr-490	1495	25	the	the	DET
ftr-490	1495	26	proceeds	proceed	NOUN
ftr-490	1495	27	were	be	AUX
ftr-490	1495	28	spent	spend	VERB
ftr-490	1495	29	.	.	PUNCT
ftr-490	1496	1	though	though	SCONJ
ftr-490	1496	2	very	very	ADV
ftr-490	1496	3	poorly	poorly	ADV
ftr-490	1496	4	reasoned,20	reasoned,20	VERB
ftr-490	1496	5	'	'	PUNCT
ftr-490	1496	6	kerbaugh	kerbaugh	NOUN
ftr-490	1496	7	-	-	PUNCT
ftr-490	1496	8	enzpire	enzpire	NOUN
ftr-490	1496	9	was	be	AUX
ftr-490	1496	10	not	not	PART
ftr-490	1496	11	over198	over198	PROPN
ftr-490	1496	12	.	.	PUNCT
ftr-490	1497	1	deborah	deborah	PROPN
ftr-490	1497	2	a.	a.	NOUN
ftr-490	1497	3	geier	geier	PROPN
ftr-490	1497	4	,	,	PUNCT
ftr-490	1497	5	the	the	DET
ftr-490	1497	6	tax	tax	NOUN
ftr-490	1497	7	court	court	NOUN
ftr-490	1497	8	,	,	PUNCT
ftr-490	1497	9	article	article	NOUN
ftr-490	1497	10	ill	ill	PROPN
ftr-490	1497	11	,	,	PUNCT
ftr-490	1497	12	and	and	CCONJ
ftr-490	1497	13	the	the	DET
ftr-490	1497	14	proposal	proposal	NOUN
ftr-490	1497	15	advanced	advance	VERB
ftr-490	1497	16	by	by	ADP
ftr-490	1497	17	the	the	DET
ftr-490	1497	18	federal	federal	ADJ
ftr-490	1497	19	courts	courts	PROPN
ftr-490	1497	20	study	study	NOUN
ftr-490	1497	21	committee	committee	NOUN
ftr-490	1497	22	:	:	PUNCT
ftr-490	1497	23	a	a	DET
ftr-490	1497	24	study	study	NOUN
ftr-490	1497	25	in	in	ADP
ftr-490	1497	26	applied	apply	VERB
ftr-490	1497	27	constitutional	constitutional	ADJ
ftr-490	1497	28	theory	theory	NOUN
ftr-490	1497	29	.	.	PUNCT
ftr-490	1498	1	76	76	NUM
ftr-490	1498	2	cornell	cornell	PROPN
ftr-490	1498	3	l.	l.	PROPN
ftr-490	1498	4	rev	rev	PROPN
ftr-490	1498	5	.	.	PROPN
ftr-490	1498	6	985	985	NUM
ftr-490	1498	7	,	,	PUNCT
ftr-490	1498	8	988	988	NUM
ftr-490	1498	9	-	-	SYM
ftr-490	1498	10	89	89	NUM
ftr-490	1498	11	(	(	PUNCT
ftr-490	1498	12	1991	1991	NUM
ftr-490	1498	13	)	)	PUNCT
ftr-490	1498	14	(	(	PUNCT
ftr-490	1498	15	citing	cite	VERB
ftr-490	1498	16	erik	erik	PROPN
ftr-490	1498	17	m.	m.	PROPN
ftr-490	1498	18	jensen	jensen	PROPN
ftr-490	1498	19	,	,	PUNCT
ftr-490	1498	20	monroe	monroe	PROPN
ftr-490	1498	21	g.	g.	PROPN
ftr-490	1498	22	mckay	mckay	PROPN
ftr-490	1498	23	and	and	CCONJ
ftr-490	1498	24	american	american	PROPN
ftr-490	1498	25	indian	indian	PROPN
ftr-490	1498	26	law	law	PROPN
ftr-490	1498	27	:	:	PUNCT
ftr-490	1498	28	in	in	ADP
ftr-490	1498	29	honor	honor	NOUN
ftr-490	1498	30	of	of	ADP
ftr-490	1498	31	judge	judge	PROPN
ftr-490	1498	32	mckay	mckay	PROPN
ftr-490	1498	33	's	's	PART
ftr-490	1498	34	tenth	tenth	ADJ
ftr-490	1498	35	anniversary	anniversary	NOUN
ftr-490	1498	36	on	on	ADP
ftr-490	1498	37	the	the	DET
ftr-490	1498	38	federal	federal	ADJ
ftr-490	1498	39	bench	bench	NOUN
ftr-490	1498	40	.	.	PUNCT
ftr-490	1499	1	1987	1987	NUM
ftr-490	1499	2	b.y.u	b.y.u	NOUN
ftr-490	1499	3	.	.	PUNCT
ftr-490	1500	1	l	l	PROPN
ftr-490	1500	2	rev	rev	PROPN
ftr-490	1500	3	.	.	PROPN
ftr-490	1500	4	1103	1103	NUM
ftr-490	1500	5	,	,	PUNCT
ftr-490	1500	6	1130	1130	NUM
ftr-490	1500	7	)	)	PUNCT
ftr-490	1500	8	.	.	PUNCT
ftr-490	1501	1	sorry	sorry	ADJ
ftr-490	1501	2	,	,	PUNCT
ftr-490	1501	3	i	i	PRON
ftr-490	1501	4	was	be	AUX
ftr-490	1501	5	unable	unable	ADJ
ftr-490	1501	6	to	to	PART
ftr-490	1501	7	work	work	VERB
ftr-490	1501	8	in	in	ADP
ftr-490	1501	9	this	this	DET
ftr-490	1501	10	citation	citation	NOUN
ftr-490	1501	11	within	within	ADP
ftr-490	1501	12	the	the	DET
ftr-490	1501	13	first	first	ADJ
ftr-490	1501	14	five	five	NUM
ftr-490	1501	15	footnotes	footnote	NOUN
ftr-490	1501	16	.	.	PUNCT
ftr-490	1502	1	see	see	VERB
ftr-490	1502	2	david	david	PROPN
ftr-490	1502	3	a.	a.	PROPN
ftr-490	1502	4	golden	golden	PROPN
ftr-490	1502	5	,	,	PUNCT
ftr-490	1502	6	note	note	NOUN
ftr-490	1502	7	,	,	PUNCT
ftr-490	1502	8	humor	humor	NOUN
ftr-490	1502	9	,	,	PUNCT
ftr-490	1502	10	the	the	DET
ftr-490	1502	11	law	law	NOUN
ftr-490	1502	12	,	,	PUNCT
ftr-490	1502	13	and	and	CCONJ
ftr-490	1502	14	judge	judge	PROPN
ftr-490	1502	15	kozinski	kozinski	PROPN
ftr-490	1502	16	's	's	PART
ftr-490	1502	17	greatest	great	ADJ
ftr-490	1502	18	hits	hit	NOUN
ftr-490	1502	19	,	,	PUNCT
ftr-490	1502	20	1992	1992	NUM
ftr-490	1502	21	b.y.u	b.y.u	NOUN
ftr-490	1502	22	.	.	PUNCT
ftr-490	1503	1	l.	l.	PROPN
ftr-490	1503	2	rev	rev	PROPN
ftr-490	1503	3	.	.	PROPN
ftr-490	1503	4	507	507	NUM
ftr-490	1503	5	,	,	PUNCT
ftr-490	1503	6	507	507	NUM
ftr-490	1503	7	n.	n.	NOUN
ftr-490	1503	8	*	*	PUNCT
ftr-490	1503	9	(	(	PUNCT
ftr-490	1503	10	"	"	PUNCT
ftr-490	1503	11	while	while	SCONJ
ftr-490	1503	12	this	this	DET
ftr-490	1503	13	citation	citation	NOUN
ftr-490	1504	1	[	[	X
ftr-490	1504	2	of	of	ADP
ftr-490	1504	3	my	my	PRON
ftr-490	1504	4	own	own	ADJ
ftr-490	1504	5	work	work	NOUN
ftr-490	1504	6	]	]	PUNCT
ftr-490	1504	7	appears	appear	VERB
ftr-490	1504	8	self	self	NOUN
ftr-490	1504	9	-	-	PUNCT
ftr-490	1504	10	serving	serve	VERB
ftr-490	1504	11	,	,	PUNCT
ftr-490	1504	12	good	good	ADJ
ftr-490	1504	13	form	form	NOUN
ftr-490	1504	14	seems	seem	VERB
ftr-490	1504	15	to	to	PART
ftr-490	1504	16	require	require	VERB
ftr-490	1504	17	an	an	DET
ftr-490	1504	18	author	author	NOUN
ftr-490	1504	19	to	to	PART
ftr-490	1504	20	cite	cite	VERB
ftr-490	1504	21	his	his	PRON
ftr-490	1504	22	or	or	CCONJ
ftr-490	1504	23	her	her	PRON
ftr-490	1504	24	most	most	ADV
ftr-490	1504	25	recent	recent	ADJ
ftr-490	1504	26	publication	publication	NOUN
ftr-490	1504	27	within	within	ADP
ftr-490	1504	28	the	the	DET
ftr-490	1504	29	first	first	ADJ
ftr-490	1504	30	five	five	NUM
ftr-490	1504	31	footnotes	footnote	NOUN
ftr-490	1504	32	of	of	ADP
ftr-490	1504	33	a	a	DET
ftr-490	1504	34	nev	nev	ADJ
ftr-490	1504	35	article	article	NOUN
ftr-490	1504	36	.	.	PUNCT
ftr-490	1505	1	"	"	PUNCT
ftr-490	1505	2	)	)	PUNCT
ftr-490	1505	3	.	.	PUNCT
ftr-490	1506	1	199	199	NUM
ftr-490	1506	2	.	.	PUNCT
ftr-490	1507	1	271	271	NUM
ftr-490	1508	1	u.s	u.s	PROPN
ftr-490	1508	2	.	.	PROPN
ftr-490	1508	3	170	170	NUM
ftr-490	1508	4	(	(	PUNCT
ftr-490	1508	5	1926	1926	NUM
ftr-490	1508	6	)	)	PUNCT
ftr-490	1508	7	.	.	PUNCT
ftr-490	1509	1	200	200	NUM
ftr-490	1509	2	.	.	PUNCT
ftr-490	1510	1	such	such	ADJ
ftr-490	1510	2	difference	difference	NOUN
ftr-490	1510	3	would	would	AUX
ftr-490	1510	4	clearly	clearly	ADV
ftr-490	1510	5	constitute	constitute	VERB
ftr-490	1510	6	income	income	NOUN
ftr-490	1510	7	today	today	NOUN
ftr-490	1510	8	.	.	PUNCT
ftr-490	1511	1	see	see	VERB
ftr-490	1511	2	irc	irc	PROPN
ftr-490	1511	3	§	§	PROPN
ftr-490	1511	4	988	988	NUM
ftr-490	1511	5	.	.	PUNCT
ftr-490	1511	6	201	201	NUM
ftr-490	1511	7	.	.	PUNCT
ftr-490	1512	1	271	271	NUM
ftr-490	1512	2	u.s	u.s	PROPN
ftr-490	1512	3	.	.	PROPN
ftr-490	1512	4	at	at	ADP
ftr-490	1512	5	175	175	NUM
ftr-490	1512	6	.	.	PUNCT
ftr-490	1513	1	202	202	NUM
ftr-490	1513	2	.	.	PUNCT
ftr-490	1514	1	i	i	PRON
ftr-490	1514	2	d.	d.	PROPN
ftr-490	1514	3	203	203	NUM
ftr-490	1514	4	.	.	PUNCT
ftr-490	1515	1	taken	take	VERB
ftr-490	1515	2	literally	literally	ADV
ftr-490	1515	3	,	,	PUNCT
ftr-490	1515	4	the	the	DET
ftr-490	1515	5	kerbaugh	kerbaugh	NOUN
ftr-490	1515	6	-	-	PUNCT
ftr-490	1515	7	enpire	enpire	NOUN
ftr-490	1515	8	rule	rule	NOUN
ftr-490	1515	9	would	would	AUX
ftr-490	1515	10	require	require	VERB
ftr-490	1515	11	tracing	tracing	NOUN
ftr-490	1515	12	of	of	ADP
ftr-490	1515	13	all	all	DET
ftr-490	1515	14	loan	loan	NOUN
ftr-490	1515	15	proceeds	proceed	NOUN
ftr-490	1515	16	to	to	PART
ftr-490	1515	17	evaluate	evaluate	VERB
ftr-490	1515	18	whether	whether	SCONJ
ftr-490	1515	19	a	a	DET
ftr-490	1515	20	debt	debt	NOUN
ftr-490	1515	21	discharge	discharge	NOUN
ftr-490	1515	22	produces	produce	VERB
ftr-490	1515	23	cod	cod	NOUN
ftr-490	1515	24	income	income	NOUN
ftr-490	1515	25	.	.	PUNCT
ftr-490	1516	1	no	no	DET
ftr-490	1516	2	cod	cod	NOUN
ftr-490	1516	3	income	income	NOUN
ftr-490	1516	4	would	would	AUX
ftr-490	1516	5	19921	19921	NUM
ftr-490	1516	6	florida	florida	PROPN
ftr-490	1516	7	tax	tax	PROPN
ftr-490	1516	8	review	review	NOUN
ftr-490	1516	9	ruled	rule	VERB
ftr-490	1516	10	in	in	ADP
ftr-490	1516	11	kirby	kirby	PROPN
ftr-490	1516	12	lumber;2	lumber;2	PROPN
ftr-490	1516	13	°	°	PROPN
ftr-490	1517	1	it	it	PRON
ftr-490	1517	2	was	be	AUX
ftr-490	1517	3	distinguished,"	distinguished,"	PROPN
ftr-490	1517	4	°	°	ADP
ftr-490	1517	5	5	5	NUM
ftr-490	1517	6	thus	thus	ADV
ftr-490	1517	7	giving	give	VERB
ftr-490	1517	8	some	some	PRON
ftr-490	1517	9	more	more	ADJ
ftr-490	1517	10	contemporary	contemporary	ADJ
ftr-490	1517	11	judges	judge	NOUN
ftr-490	1517	12	reason	reason	NOUN
ftr-490	1517	13	to	to	PART
ftr-490	1517	14	believe	believe	VERB
ftr-490	1517	15	it	it	PRON
ftr-490	1517	16	might	might	AUX
ftr-490	1517	17	continue	continue	VERB
ftr-490	1517	18	to	to	PART
ftr-490	1517	19	have	have	VERB
ftr-490	1517	20	vitality	vitality	NOUN
ftr-490	1517	21	in	in	ADP
ftr-490	1517	22	considering	consider	VERB
ftr-490	1517	23	debt	debt	NOUN
ftr-490	1517	24	-	-	PUNCT
ftr-490	1517	25	discharge	discharge	NOUN
ftr-490	1517	26	income	income	NOUN
ftr-490	1517	27	.	.	PUNCT
ftr-490	1518	1	if	if	SCONJ
ftr-490	1518	2	it	it	PRON
ftr-490	1518	3	does	do	VERB
ftr-490	1518	4	,	,	PUNCT
ftr-490	1518	5	one	one	PRON
ftr-490	1518	6	could	could	AUX
ftr-490	1518	7	reasonably	reasonably	ADV
ftr-490	1518	8	argue	argue	VERB
ftr-490	1518	9	that	that	SCONJ
ftr-490	1518	10	little	little	ADJ
ftr-490	1518	11	bucks	buck	NOUN
ftr-490	1518	12	ought	ought	AUX
ftr-490	1518	13	not	not	PART
ftr-490	1518	14	to	to	PART
ftr-490	1518	15	be	be	AUX
ftr-490	1518	16	charged	charge	VERB
ftr-490	1518	17	with	with	ADP
ftr-490	1518	18	income	income	NOUN
ftr-490	1518	19	on	on	ADP
ftr-490	1518	20	the	the	DET
ftr-490	1518	21	discharge	discharge	NOUN
ftr-490	1518	22	of	of	ADP
ftr-490	1518	23	his	his	PRON
ftr-490	1518	24	$	$	SYM
ftr-490	1518	25	122,000	122,000	NUM
ftr-490	1518	26	indebtedness	indebtedness	NOUN
ftr-490	1518	27	for	for	ADP
ftr-490	1518	28	$	$	SYM
ftr-490	1518	29	100,000	100,000	NUM
ftr-490	1518	30	when	when	SCONJ
ftr-490	1518	31	his	his	PRON
ftr-490	1518	32	house	house	NOUN
ftr-490	1518	33	lost	lose	VERB
ftr-490	1518	34	value	value	NOUN
ftr-490	1518	35	-	-	PUNCT
ftr-490	1518	36	whether	whether	SCONJ
ftr-490	1518	37	the	the	DET
ftr-490	1518	38	debt	debt	NOUN
ftr-490	1518	39	is	be	AUX
ftr-490	1518	40	recourse	recourse	NOUN
ftr-490	1518	41	or	or	CCONJ
ftr-490	1518	42	nonrecourse	nonrecourse	NOUN
ftr-490	1518	43	for	for	ADP
ftr-490	1518	44	that	that	DET
ftr-490	1518	45	matter	matter	NOUN
ftr-490	1518	46	-	-	PUNCT
ftr-490	1518	47	because	because	SCONJ
ftr-490	1518	48	the	the	DET
ftr-490	1518	49	"	"	PUNCT
ftr-490	1518	50	whole	whole	ADJ
ftr-490	1518	51	transaction	transaction	NOUN
ftr-490	1518	52	was	be	AUX
ftr-490	1518	53	a	a	DET
ftr-490	1518	54	loss	loss	NOUN
ftr-490	1518	55	,	,	PUNCT
ftr-490	1518	56	"	"	PUNCT
ftr-490	1518	57	in	in	ADP
ftr-490	1518	58	the	the	DET
ftr-490	1518	59	words	word	NOUN
ftr-490	1518	60	of	of	ADP
ftr-490	1518	61	kerbaugh	kerbaugh	NOUN
ftr-490	1518	62	-	-	PUNCT
ftr-490	1518	63	empire	empire	NOUN
ftr-490	1518	64	.	.	PUNCT
ftr-490	1519	1	for	for	ADP
ftr-490	1519	2	example	example	NOUN
ftr-490	1519	3	,	,	PUNCT
ftr-490	1519	4	one	one	NUM
ftr-490	1519	5	dissenting	dissent	VERB
ftr-490	1519	6	opinion	opinion	NOUN
ftr-490	1519	7	in	in	ADP
ftr-490	1519	8	the	the	DET
ftr-490	1519	9	tax	tax	NOUN
ftr-490	1519	10	court	court	NOUN
ftr-490	1519	11	in	in	ADP
ftr-490	1519	12	zarin	zarin	PROPN
ftr-490	1519	13	v.	v.	ADP
ftr-490	1519	14	commissioner	commissioner	NOUN
ftr-490	1519	15	°	°	ADP
ftr-490	1519	16	6	6	NUM
ftr-490	1519	17	discussed	discuss	VERB
ftr-490	1519	18	kerbaugh	kerbaugh	NOUN
ftr-490	1519	19	-	-	PUNCT
ftr-490	1519	20	empire	empire	NOUN
ftr-490	1519	21	as	as	SCONJ
ftr-490	1519	22	follows	follow	VERB
ftr-490	1519	23	in	in	ADP
ftr-490	1519	24	arguing	argue	VERB
ftr-490	1519	25	that	that	SCONJ
ftr-490	1519	26	a	a	DET
ftr-490	1519	27	compulsive	compulsive	ADJ
ftr-490	1519	28	gambler	gambler	NOUN
ftr-490	1519	29	who	who	PRON
ftr-490	1519	30	borrowed	borrow	VERB
ftr-490	1519	31	$	$	SYM
ftr-490	1519	32	3,400,000	3,400,000	NUM
ftr-490	1519	33	from	from	ADP
ftr-490	1519	34	a	a	DET
ftr-490	1519	35	casino	casino	NOUN
ftr-490	1519	36	,	,	PUNCT
ftr-490	1519	37	lost	lose	VERB
ftr-490	1519	38	it	it	PRON
ftr-490	1519	39	all	all	PRON
ftr-490	1519	40	,	,	PUNCT
ftr-490	1519	41	and	and	CCONJ
ftr-490	1519	42	settled	settle	VERB
ftr-490	1519	43	resulting	result	VERB
ftr-490	1519	44	debt	debt	NOUN
ftr-490	1519	45	-	-	PUNCT
ftr-490	1519	46	collection	collection	NOUN
ftr-490	1519	47	litigation	litigation	NOUN
ftr-490	1519	48	for	for	ADP
ftr-490	1519	49	a	a	DET
ftr-490	1519	50	payment	payment	NOUN
ftr-490	1519	51	of	of	ADP
ftr-490	1519	52	$	$	SYM
ftr-490	1519	53	500,000	500,000	NUM
ftr-490	1519	54	does	do	AUX
ftr-490	1519	55	not	not	PART
ftr-490	1519	56	realize	realize	VERB
ftr-490	1519	57	$	$	SYM
ftr-490	1519	58	2,900,000	2,900,000	NUM
ftr-490	1519	59	in	in	ADP
ftr-490	1519	60	cod	cod	NOUN
ftr-490	1519	61	income	income	NOUN
ftr-490	1519	62	.	.	PUNCT
ftr-490	1520	1	i	i	PRON
ftr-490	1520	2	find	find	VERB
ftr-490	1520	3	it	it	PRON
ftr-490	1520	4	unnecessary	unnecessary	ADJ
ftr-490	1520	5	to	to	PART
ftr-490	1520	6	rely	rely	VERB
ftr-490	1520	7	in	in	ADP
ftr-490	1520	8	kerbaugh	kerbaugh	NOUN
ftr-490	1520	9	-	-	PUNCT
ftr-490	1520	10	empire	empire	NOUN
ftr-490	1520	11	and	and	CCONJ
ftr-490	1520	12	therefore	therefore	ADV
ftr-490	1520	13	need	need	AUX
ftr-490	1520	14	not	not	PART
ftr-490	1520	15	embrace	embrace	VERB
ftr-490	1520	16	or	or	CCONJ
ftr-490	1520	17	reject	reject	VERB
ftr-490	1520	18	the	the	DET
ftr-490	1520	19	approach	approach	NOUN
ftr-490	1520	20	of	of	ADP
ftr-490	1520	21	that	that	DET
ftr-490	1520	22	case	case	NOUN
ftr-490	1520	23	.	.	PUNCT
ftr-490	1521	1	i	i	PRON
ftr-490	1521	2	am	be	AUX
ftr-490	1521	3	constrained	constrain	VERB
ftr-490	1521	4	to	to	PART
ftr-490	1521	5	note	note	VERB
ftr-490	1521	6	,	,	PUNCT
ftr-490	1521	7	however	however	ADV
ftr-490	1521	8	,	,	PUNCT
ftr-490	1521	9	that	that	SCONJ
ftr-490	1521	10	it	it	PRON
ftr-490	1521	11	does	do	AUX
ftr-490	1521	12	not	not	PART
ftr-490	1521	13	follow	follow	VERB
ftr-490	1521	14	from	from	ADP
ftr-490	1521	15	the	the	DET
ftr-490	1521	16	"	"	PUNCT
ftr-490	1521	17	freeing	free	VERB
ftr-490	1521	18	of	of	ADP
ftr-490	1521	19	asset	asset	NOUN
ftr-490	1521	20	"	"	PUNCT
ftr-490	1521	21	approach	approach	NOUN
ftr-490	1521	22	adopted	adopt	VERB
ftr-490	1521	23	by	by	ADP
ftr-490	1521	24	the	the	DET
ftr-490	1521	25	supreme	supreme	PROPN
ftr-490	1521	26	court	court	PROPN
ftr-490	1521	27	in	in	ADP
ftr-490	1521	28	commissioner	commissioner	PROPN
ftr-490	1521	29	v.	v.	PROPN
ftr-490	1521	30	glenshaw	glenshaw	PROPN
ftr-490	1521	31	glass	glass	PROPN
ftr-490	1521	32	co.	co.	PROPN
ftr-490	1521	33	,	,	PUNCT
ftr-490	1521	34	348	348	NUM
ftr-490	1521	35	u.s	u.s	PROPN
ftr-490	1521	36	.	.	PROPN
ftr-490	1521	37	426	426	NUM
ftr-490	1521	38	(	(	PUNCT
ftr-490	1521	39	1955	1955	NUM
ftr-490	1521	40	)	)	PUNCT
ftr-490	1521	41	,	,	PUNCT
ftr-490	1521	42	that	that	SCONJ
ftr-490	1521	43	kerbaugh	kerbaugh	NOUN
ftr-490	1521	44	-	-	PUNCT
ftr-490	1521	45	empire	empire	NOUN
ftr-490	1521	46	is	be	AUX
ftr-490	1521	47	moribund	moribund	ADJ
ftr-490	1521	48	for	for	SCONJ
ftr-490	1521	49	all	all	PRON
ftr-490	1521	50	be	be	AUX
ftr-490	1521	51	deemed	deem	VERB
ftr-490	1521	52	realized	realize	VERB
ftr-490	1521	53	under	under	ADP
ftr-490	1521	54	this	this	DET
ftr-490	1521	55	approach	approach	NOUN
ftr-490	1521	56	if	if	SCONJ
ftr-490	1521	57	the	the	DET
ftr-490	1521	58	proceeds	proceed	NOUN
ftr-490	1521	59	were	be	AUX
ftr-490	1521	60	used	use	VERB
ftr-490	1521	61	in	in	ADP
ftr-490	1521	62	an	an	DET
ftr-490	1521	63	unprofitable	unprofitable	ADJ
ftr-490	1521	64	transaction	transaction	NOUN
ftr-490	1521	65	.	.	PUNCT
ftr-490	1522	1	"	"	PUNCT
ftr-490	1522	2	it	it	PRON
ftr-490	1522	3	is	be	AUX
ftr-490	1522	4	usually	usually	ADV
ftr-490	1522	5	impossible	impossible	ADJ
ftr-490	1522	6	to	to	PART
ftr-490	1522	7	make	make	VERB
ftr-490	1522	8	this	this	DET
ftr-490	1522	9	latter	latter	ADJ
ftr-490	1522	10	determination	determination	NOUN
ftr-490	1522	11	,	,	PUNCT
ftr-490	1522	12	however	however	ADV
ftr-490	1522	13	,	,	PUNCT
ftr-490	1522	14	since	since	SCONJ
ftr-490	1522	15	the	the	DET
ftr-490	1522	16	borrowed	borrow	VERB
ftr-490	1522	17	funds	fund	NOUN
ftr-490	1522	18	are	be	AUX
ftr-490	1522	19	ordinarily	ordinarily	ADV
ftr-490	1522	20	absorbed	absorb	VERB
ftr-490	1522	21	into	into	ADP
ftr-490	1522	22	the	the	DET
ftr-490	1522	23	business	business	NOUN
ftr-490	1522	24	so	so	ADV
ftr-490	1522	25	completely	completely	ADV
ftr-490	1522	26	that	that	SCONJ
ftr-490	1522	27	tracing	trace	VERB
ftr-490	1522	28	the	the	DET
ftr-490	1522	29	travels	travel	NOUN
ftr-490	1522	30	of	of	ADP
ftr-490	1522	31	interchangeable	interchangeable	ADJ
ftr-490	1522	32	dollars	dollar	NOUN
ftr-490	1522	33	lacks	lack	VERB
ftr-490	1522	34	even	even	ADV
ftr-490	1522	35	the	the	DET
ftr-490	1522	36	surface	surface	NOUN
ftr-490	1522	37	plausibility	plausibility	NOUN
ftr-490	1522	38	that	that	SCONJ
ftr-490	1522	39	it	it	PRON
ftr-490	1522	40	could	could	AUX
ftr-490	1522	41	claim	claim	VERB
ftr-490	1522	42	in	in	ADP
ftr-490	1522	43	kerbaughempire	kerbaughempire	NOUN
ftr-490	1522	44	.	.	PUNCT
ftr-490	1522	45	"	"	PUNCT
ftr-490	1523	1	bittker	bittker	PROPN
ftr-490	1523	2	&	&	CCONJ
ftr-490	1523	3	thompson	thompson	PROPN
ftr-490	1523	4	,	,	PUNCT
ftr-490	1523	5	supra	supra	PROPN
ftr-490	1523	6	note	note	NOUN
ftr-490	1523	7	91	91	NUM
ftr-490	1523	8	,	,	PUNCT
ftr-490	1523	9	at	at	ADP
ftr-490	1523	10	1162	1162	NUM
ftr-490	1523	11	.	.	PUNCT
ftr-490	1524	1	in	in	ADP
ftr-490	1524	2	addition	addition	NOUN
ftr-490	1524	3	to	to	ADP
ftr-490	1524	4	that	that	DET
ftr-490	1524	5	practical	practical	ADJ
ftr-490	1524	6	criticism	criticism	NOUN
ftr-490	1524	7	,	,	PUNCT
ftr-490	1524	8	there	there	PRON
ftr-490	1524	9	is	be	VERB
ftr-490	1524	10	a	a	DET
ftr-490	1524	11	more	more	ADV
ftr-490	1524	12	fundamental	fundamental	ADJ
ftr-490	1524	13	conceptual	conceptual	ADJ
ftr-490	1524	14	criticism	criticism	NOUN
ftr-490	1524	15	to	to	ADP
ftr-490	1524	16	the	the	DET
ftr-490	1524	17	court	court	NOUN
ftr-490	1524	18	's	's	PART
ftr-490	1524	19	approach	approach	NOUN
ftr-490	1524	20	.	.	PUNCT
ftr-490	1525	1	the	the	DET
ftr-490	1525	2	business	business	NOUN
ftr-490	1525	3	transaction	transaction	NOUN
ftr-490	1525	4	in	in	ADP
ftr-490	1525	5	which	which	PRON
ftr-490	1525	6	the	the	DET
ftr-490	1525	7	proceeds	proceed	NOUN
ftr-490	1525	8	are	be	AUX
ftr-490	1525	9	lost	lose	VERB
ftr-490	1525	10	would	would	AUX
ftr-490	1525	11	itself	itself	PRON
ftr-490	1525	12	produce	produce	VERB
ftr-490	1525	13	a	a	DET
ftr-490	1525	14	deduction	deduction	NOUN
ftr-490	1525	15	in	in	ADP
ftr-490	1525	16	most	most	ADJ
ftr-490	1525	17	instances	instance	NOUN
ftr-490	1525	18	,	,	PUNCT
ftr-490	1525	19	thus	thus	ADV
ftr-490	1525	20	producing	produce	VERB
ftr-490	1525	21	the	the	DET
ftr-490	1525	22	effect	effect	NOUN
ftr-490	1525	23	of	of	ADP
ftr-490	1525	24	a	a	DET
ftr-490	1525	25	double	double	ADJ
ftr-490	1525	26	deduction	deduction	NOUN
ftr-490	1525	27	if	if	SCONJ
ftr-490	1525	28	the	the	DET
ftr-490	1525	29	related	relate	VERB
ftr-490	1525	30	cod	cod	NOUN
ftr-490	1525	31	income	income	NOUN
ftr-490	1525	32	is	be	AUX
ftr-490	1525	33	not	not	PART
ftr-490	1525	34	taken	take	VERB
ftr-490	1525	35	into	into	ADP
ftr-490	1525	36	account	account	NOUN
ftr-490	1525	37	.	.	PUNCT
ftr-490	1526	1	see	see	VERB
ftr-490	1526	2	i	i	PRON
ftr-490	1526	3	d.	d.	PROPN
ftr-490	1526	4	at	at	ADP
ftr-490	1526	5	1163	1163	NUM
ftr-490	1526	6	-	-	SYM
ftr-490	1526	7	64	64	NUM
ftr-490	1526	8	.	.	PUNCT
ftr-490	1527	1	204	204	NUM
ftr-490	1527	2	.	.	PUNCT
ftr-490	1528	1	united	united	PROPN
ftr-490	1528	2	states	states	PROPN
ftr-490	1528	3	v.	v.	PROPN
ftr-490	1528	4	kirby	kirby	PROPN
ftr-490	1528	5	lumber	lumber	PROPN
ftr-490	1528	6	co.	co.	PROPN
ftr-490	1528	7	,	,	PUNCT
ftr-490	1528	8	284	284	NUM
ftr-490	1528	9	u.s	u.s	PROPN
ftr-490	1528	10	.	.	PROPN
ftr-490	1528	11	1	1	NUM
ftr-490	1528	12	(	(	PUNCT
ftr-490	1528	13	1931	1931	NUM
ftr-490	1528	14	)	)	PUNCT
ftr-490	1528	15	.	.	PUNCT
ftr-490	1529	1	see	see	VERB
ftr-490	1529	2	supra	supra	PROPN
ftr-490	1529	3	note	note	PROPN
ftr-490	1529	4	8	8	NUM
ftr-490	1529	5	(	(	PUNCT
ftr-490	1529	6	discussing	discuss	VERB
ftr-490	1529	7	kirby	kirby	PROPN
ftr-490	1529	8	lumber	lumber	PROPN
ftr-490	1529	9	)	)	PUNCT
ftr-490	1529	10	.	.	PUNCT
ftr-490	1530	1	205	205	NUM
ftr-490	1530	2	.	.	PUNCT
ftr-490	1531	1	kirby	kirby	PROPN
ftr-490	1531	2	lumber	lumber	PROPN
ftr-490	1531	3	dismissed	dismiss	VERB
ftr-490	1531	4	kerbaugh	kerbaugh	NOUN
ftr-490	1531	5	-	-	PUNCT
ftr-490	1531	6	empire	empire	NOUN
ftr-490	1531	7	as	as	SCONJ
ftr-490	1531	8	follows	follow	VERB
ftr-490	1531	9	:	:	PUNCT
ftr-490	1531	10	in	in	ADP
ftr-490	1531	11	bowers	bower	NOUN
ftr-490	1531	12	v.	v.	ADP
ftr-490	1531	13	kerbaugh	kerbaugh	PROPN
ftr-490	1531	14	-	-	PUNCT
ftr-490	1531	15	empire	empire	NOUN
ftr-490	1531	16	co	co	NOUN
ftr-490	1531	17	...	...	PUNCT
ftr-490	1531	18	,	,	PUNCT
ftr-490	1532	1	[	[	X
ftr-490	1532	2	the	the	DET
ftr-490	1532	3	taxpayer	taxpayer	NOUN
ftr-490	1532	4	]	]	PUNCT
ftr-490	1532	5	owned	own	VERB
ftr-490	1532	6	the	the	DET
ftr-490	1532	7	stock	stock	NOUN
ftr-490	1532	8	of	of	ADP
ftr-490	1532	9	another	another	DET
ftr-490	1532	10	company	company	NOUN
ftr-490	1532	11	that	that	PRON
ftr-490	1532	12	had	have	AUX
ftr-490	1532	13	borrowed	borrow	VERB
ftr-490	1532	14	money	money	NOUN
ftr-490	1532	15	repayable	repayable	ADJ
ftr-490	1532	16	in	in	ADP
ftr-490	1532	17	marks	mark	NOUN
ftr-490	1532	18	or	or	CCONJ
ftr-490	1532	19	their	their	PRON
ftr-490	1532	20	equivalent	equivalent	NOUN
ftr-490	1532	21	for	for	ADP
ftr-490	1532	22	an	an	DET
ftr-490	1532	23	enterprise	enterprise	NOUN
ftr-490	1532	24	that	that	PRON
ftr-490	1532	25	failed	fail	VERB
ftr-490	1532	26	.	.	PUNCT
ftr-490	1533	1	at	at	ADP
ftr-490	1533	2	the	the	DET
ftr-490	1533	3	time	time	NOUN
ftr-490	1533	4	of	of	ADP
ftr-490	1533	5	payment	payment	NOUN
ftr-490	1533	6	the	the	DET
ftr-490	1533	7	marks	mark	NOUN
ftr-490	1533	8	had	have	AUX
ftr-490	1533	9	fallen	fall	VERB
ftr-490	1533	10	in	in	ADP
ftr-490	1533	11	value	value	NOUN
ftr-490	1533	12	,	,	PUNCT
ftr-490	1533	13	which	which	PRON
ftr-490	1533	14	so	so	ADV
ftr-490	1533	15	far	far	ADV
ftr-490	1533	16	as	as	SCONJ
ftr-490	1533	17	it	it	PRON
ftr-490	1533	18	went	go	VERB
ftr-490	1533	19	was	be	AUX
ftr-490	1533	20	a	a	DET
ftr-490	1533	21	gain	gain	NOUN
ftr-490	1533	22	for	for	ADP
ftr-490	1533	23	the	the	DET
ftr-490	1533	24	defendant	defendant	NOUN
ftr-490	1533	25	in	in	ADP
ftr-490	1533	26	error	error	NOUN
ftr-490	1533	27	,	,	PUNCT
ftr-490	1533	28	and	and	CCONJ
ftr-490	1533	29	it	it	PRON
ftr-490	1533	30	was	be	AUX
ftr-490	1533	31	contended	contend	VERB
ftr-490	1533	32	by	by	ADP
ftr-490	1533	33	the	the	DET
ftr-490	1533	34	plaintiff	plaintiff	NOUN
ftr-490	1533	35	in	in	ADP
ftr-490	1533	36	error	error	NOUN
ftr-490	1533	37	that	that	SCONJ
ftr-490	1533	38	the	the	DET
ftr-490	1533	39	gain	gain	NOUN
ftr-490	1533	40	was	be	AUX
ftr-490	1533	41	taxable	taxable	ADJ
ftr-490	1533	42	income	income	NOUN
ftr-490	1533	43	.	.	PUNCT
ftr-490	1534	1	but	but	CCONJ
ftr-490	1534	2	the	the	DET
ftr-490	1534	3	transaction	transaction	NOUN
ftr-490	1534	4	as	as	ADP
ftr-490	1534	5	a	a	DET
ftr-490	1534	6	whole	whole	NOUN
ftr-490	1534	7	was	be	AUX
ftr-490	1534	8	a	a	DET
ftr-490	1534	9	loss	loss	NOUN
ftr-490	1534	10	,	,	PUNCT
ftr-490	1534	11	and	and	CCONJ
ftr-490	1534	12	the	the	DET
ftr-490	1534	13	contention	contention	NOUN
ftr-490	1534	14	was	be	AUX
ftr-490	1534	15	denied	deny	VERB
ftr-490	1534	16	.	.	PUNCT
ftr-490	1535	1	here	here	ADV
ftr-490	1535	2	there	there	PRON
ftr-490	1535	3	was	be	VERB
ftr-490	1535	4	no	no	DET
ftr-490	1535	5	shrinkage	shrinkage	NOUN
ftr-490	1535	6	of	of	ADP
ftr-490	1535	7	assets	asset	NOUN
ftr-490	1535	8	and	and	CCONJ
ftr-490	1535	9	the	the	DET
ftr-490	1535	10	taxpayer	taxpayer	NOUN
ftr-490	1535	11	made	make	VERB
ftr-490	1535	12	a	a	DET
ftr-490	1535	13	clear	clear	ADJ
ftr-490	1535	14	gain	gain	NOUN
ftr-490	1535	15	.	.	PUNCT
ftr-490	1536	1	as	as	ADP
ftr-490	1536	2	a	a	DET
ftr-490	1536	3	result	result	NOUN
ftr-490	1536	4	of	of	ADP
ftr-490	1536	5	its	its	PRON
ftr-490	1536	6	dealings	dealing	NOUN
ftr-490	1536	7	it	it	PRON
ftr-490	1536	8	made	make	VERB
ftr-490	1536	9	available	available	ADJ
ftr-490	1536	10	$	$	SYM
ftr-490	1536	11	137,521.30	137,521.30	NUM
ftr-490	1536	12	assets	asset	NOUN
ftr-490	1536	13	previously	previously	ADV
ftr-490	1536	14	offset	offset	VERB
ftr-490	1536	15	by	by	ADP
ftr-490	1536	16	the	the	DET
ftr-490	1536	17	obligation	obligation	NOUN
ftr-490	1536	18	of	of	ADP
ftr-490	1536	19	bonds	bond	NOUN
ftr-490	1536	20	now	now	ADV
ftr-490	1536	21	extinct	extinct	ADJ
ftr-490	1536	22	....	....	PUNCT
ftr-490	1537	1	the	the	DET
ftr-490	1537	2	defendant	defendant	NOUN
ftr-490	1537	3	in	in	ADP
ftr-490	1537	4	error	error	NOUN
ftr-490	1537	5	has	have	AUX
ftr-490	1537	6	realized	realize	VERB
ftr-490	1537	7	within	within	ADP
ftr-490	1537	8	the	the	DET
ftr-490	1537	9	year	year	NOUN
ftr-490	1537	10	an	an	DET
ftr-490	1537	11	accession	accession	NOUN
ftr-490	1537	12	to	to	ADP
ftr-490	1537	13	income	income	NOUN
ftr-490	1537	14	,	,	PUNCT
ftr-490	1537	15	if	if	SCONJ
ftr-490	1537	16	we	we	PRON
ftr-490	1537	17	take	take	VERB
ftr-490	1537	18	words	word	NOUN
ftr-490	1537	19	in	in	ADP
ftr-490	1537	20	their	their	PRON
ftr-490	1537	21	plain	plain	ADJ
ftr-490	1537	22	popular	popular	ADJ
ftr-490	1537	23	meaning	meaning	NOUN
ftr-490	1537	24	,	,	PUNCT
ftr-490	1537	25	as	as	SCONJ
ftr-490	1537	26	they	they	PRON
ftr-490	1537	27	should	should	AUX
ftr-490	1537	28	be	be	AUX
ftr-490	1537	29	taken	take	VERB
ftr-490	1537	30	here	here	ADV
ftr-490	1537	31	.	.	PUNCT
ftr-490	1538	1	284	284	NUM
ftr-490	1538	2	u.s	u.s	PROPN
ftr-490	1538	3	.	.	PROPN
ftr-490	1538	4	at	at	ADP
ftr-490	1538	5	3	3	NUM
ftr-490	1538	6	.	.	NOUN
ftr-490	1538	7	206	206	NUM
ftr-490	1538	8	.	.	PUNCT
ftr-490	1539	1	92	92	NUM
ftr-490	1539	2	t.c	t.c	PROPN
ftr-490	1539	3	.	.	PROPN
ftr-490	1539	4	1084	1084	NUM
ftr-490	1539	5	(	(	PUNCT
ftr-490	1539	6	1989	1989	NUM
ftr-490	1539	7	)	)	PUNCT
ftr-490	1539	8	,	,	PUNCT
ftr-490	1539	9	rev'd	rev'd	VERB
ftr-490	1539	10	,	,	PUNCT
ftr-490	1539	11	916	916	NUM
ftr-490	1539	12	f.2d	f.2d	NOUN
ftr-490	1539	13	110	110	NUM
ftr-490	1539	14	(	(	PUNCT
ftr-490	1539	15	3d	3d	PROPN
ftr-490	1539	16	cir	cir	NOUN
ftr-490	1539	17	.	.	PUNCT
ftr-490	1539	18	1990	1990	NUM
ftr-490	1539	19	)	)	PUNCT
ftr-490	1539	20	.	.	PUNCT
ftr-490	1540	1	[	[	X
ftr-490	1540	2	vol	vol	NOUN
ftr-490	1540	3	1:3	1:3	NUM
ftr-490	1540	4	tufts	tuft	NOUN
ftr-490	1540	5	and	and	CCONJ
ftr-490	1540	6	the	the	DET
ftr-490	1540	7	evoluion	evoluion	NOUN
ftr-490	1540	8	of	of	ADP
ftr-490	1540	9	debt	debt	NOUN
ftr-490	1540	10	-	-	PUNCT
ftr-490	1540	11	discharge	discharge	NOUN
ftr-490	1540	12	theory	theory	NOUN
ftr-490	1540	13	purposes	purpose	NOUN
ftr-490	1540	14	.	.	PUNCT
ftr-490	1541	1	nor	nor	CCONJ
ftr-490	1541	2	does	do	AUX
ftr-490	1541	3	such	such	ADJ
ftr-490	1541	4	moribundity	moribundity	NOUN
ftr-490	1541	5	flow	flow	NOUN
ftr-490	1541	6	from	from	ADP
ftr-490	1541	7	united	united	PROPN
ftr-490	1541	8	states	states	PROPN
ftr-490	1541	9	v.	v.	ADP
ftr-490	1541	10	kirby	kirby	PROPN
ftr-490	1541	11	lumber	lumber	PROPN
ftr-490	1541	12	co.	co.	PROPN
ftr-490	1541	13	,	,	PUNCT
ftr-490	1541	14	284	284	NUM
ftr-490	1541	15	u.s	u.s	PROPN
ftr-490	1541	16	.	.	PROPN
ftr-490	1541	17	1	1	NUM
ftr-490	1541	18	(	(	PUNCT
ftr-490	1541	19	1931	1931	NUM
ftr-490	1541	20	)	)	PUNCT
ftr-490	1541	21	,	,	PUNCT
ftr-490	1541	22	or	or	CCONJ
ftr-490	1541	23	commnissioner	commnissioner	VERB
ftr-490	1541	24	v.	v.	ADP
ftr-490	1541	25	tufts	tuft	NOUN
ftr-490	1541	26	,	,	PUNCT
ftr-490	1541	27	461	461	NUM
ftr-490	1541	28	u.s	u.s	PROPN
ftr-490	1541	29	.	.	PROPN
ftr-490	1541	30	300	300	NUM
ftr-490	1541	31	(	(	PUNCT
ftr-490	1541	32	1983	1983	NUM
ftr-490	1541	33	)	)	PUNCT
ftr-490	1541	34	.	.	PUNCT
ftr-490	1542	1	see	see	VERB
ftr-490	1542	2	colonial	colonial	ADJ
ftr-490	1542	3	savings	saving	NOUN
ftr-490	1542	4	association	association	PROPN
ftr-490	1542	5	v.	v.	PROPN
ftr-490	1542	6	conunissioner	conunissioner	PROPN
ftr-490	1542	7	,	,	PUNCT
ftr-490	1542	8	85	85	NUM
ftr-490	1542	9	t.c	t.c	PROPN
ftr-490	1542	10	.	.	PROPN
ftr-490	1542	11	855	855	NUM
ftr-490	1542	12	,	,	PUNCT
ftr-490	1542	13	862	862	NUM
ftr-490	1542	14	n.l	n.l	NOUN
ftr-490	1542	15	1	1	NUM
ftr-490	1542	16	(	(	PUNCT
ftr-490	1542	17	1985	1985	NUM
ftr-490	1542	18	)	)	PUNCT
ftr-490	1542	19	,	,	PUNCT
ftr-490	1542	20	affd	affd	PROPN
ftr-490	1542	21	.	.	PROPN
ftr-490	1543	1	854	854	NUM
ftr-490	1543	2	f.2d	f.2d	SYM
ftr-490	1543	3	1001	1001	NUM
ftr-490	1543	4	(	(	PUNCT
ftr-490	1543	5	7th	7th	ADJ
ftr-490	1543	6	cir	cir	NOUN
ftr-490	1543	7	.	.	PUNCT
ftr-490	1543	8	1988	1988	NUM
ftr-490	1543	9	)	)	PUNCT
ftr-490	1543	10	.	.	PUNCT
ftr-490	1544	1	"	"	PUNCT
ftr-490	1545	1	the	the	DET
ftr-490	1545	2	concept	concept	NOUN
ftr-490	1545	3	that	that	DET
ftr-490	1545	4	petitioner	petitioner	NOUN
ftr-490	1545	5	received	receive	VERB
ftr-490	1545	6	his	his	PRON
ftr-490	1545	7	money	money	NOUN
ftr-490	1545	8	's	's	PART
ftr-490	1545	9	worth	worth	NOUN
ftr-490	1545	10	from	from	ADP
ftr-490	1545	11	the	the	DET
ftr-490	1545	12	enjoyment	enjoyment	NOUN
ftr-490	1545	13	of	of	ADP
ftr-490	1545	14	using	use	VERB
ftr-490	1545	15	the	the	DET
ftr-490	1545	16	chips	chip	NOUN
ftr-490	1545	17	(	(	PUNCT
ftr-490	1545	18	thus	thus	ADV
ftr-490	1545	19	equating	equate	VERB
ftr-490	1545	20	the	the	DET
ftr-490	1545	21	pleasure	pleasure	NOUN
ftr-490	1545	22	of	of	ADP
ftr-490	1545	23	gambling	gambling	NOUN
ftr-490	1545	24	with	with	ADP
ftr-490	1545	25	increase	increase	NOUN
ftr-490	1545	26	in	in	ADP
ftr-490	1545	27	wealth	wealth	NOUN
ftr-490	1545	28	)	)	PUNCT
ftr-490	1545	29	produces	produce	VERB
ftr-490	1545	30	the	the	DET
ftr-490	1545	31	incongruous	incongruous	ADJ
ftr-490	1545	32	result	result	NOUN
ftr-490	1545	33	that	that	SCONJ
ftr-490	1545	34	the	the	PRON
ftr-490	1545	35	more	more	ADV
ftr-490	1545	36	a	a	DET
ftr-490	1545	37	gambler	gambler	NOUN
ftr-490	1545	38	loses	lose	VERB
ftr-490	1545	39	,	,	PUNCT
ftr-490	1545	40	the	the	PRON
ftr-490	1545	41	greater	great	ADJ
ftr-490	1545	42	his	his	PRON
ftr-490	1545	43	pleasure	pleasure	NOUN
ftr-490	1545	44	and	and	CCONJ
ftr-490	1545	45	the	the	DET
ftr-490	1545	46	larger	large	ADJ
ftr-490	1545	47	the	the	DET
ftr-490	1545	48	increase	increase	NOUN
ftr-490	1545	49	in	in	ADP
ftr-490	1545	50	his	his	PRON
ftr-490	1545	51	wealth.207	wealth.207	NOUN
ftr-490	1545	52	the	the	DET
ftr-490	1545	53	majority	majority	NOUN
ftr-490	1545	54	opinion	opinion	NOUN
ftr-490	1545	55	in	in	ADP
ftr-490	1545	56	the	the	DET
ftr-490	1545	57	tax	tax	NOUN
ftr-490	1545	58	court	court	NOUN
ftr-490	1545	59	,	,	PUNCT
ftr-490	1545	60	which	which	PRON
ftr-490	1545	61	held	hold	VERB
ftr-490	1545	62	that	that	SCONJ
ftr-490	1545	63	zarin	zarin	PROPN
ftr-490	1545	64	realized	realize	VERB
ftr-490	1545	65	$	$	SYM
ftr-490	1545	66	2,900,000	2,900,000	NUM
ftr-490	1545	67	in	in	ADP
ftr-490	1545	68	cod	cod	NOUN
ftr-490	1545	69	income	income	NOUN
ftr-490	1545	70	,	,	PUNCT
ftr-490	1545	71	rejected	reject	VERB
ftr-490	1545	72	kerbautgh	kerbautgh	NOUN
ftr-490	1545	73	-	-	PUNCT
ftr-490	1545	74	empire	empire	NOUN
ftr-490	1545	75	as	as	SCONJ
ftr-490	1545	76	implicitly	implicitly	ADV
ftr-490	1545	77	overruled	overrule	VERB
ftr-490	1545	78	by	by	ADP
ftr-490	1545	79	later	late	ADJ
ftr-490	1545	80	supreme	supreme	PROPN
ftr-490	1545	81	court	court	PROPN
ftr-490	1545	82	opinions	opinion	NOUN
ftr-490	1545	83	,	,	PUNCT
ftr-490	1545	84	quoting	quote	VERB
ftr-490	1545	85	at	at	ADP
ftr-490	1545	86	length	length	NOUN
ftr-490	1545	87	a	a	DET
ftr-490	1545	88	ninth	ninth	ADJ
ftr-490	1545	89	circuit	circuit	NOUN
ftr-490	1545	90	opinion	opinion	NOUN
ftr-490	1545	91	concluding	conclude	VERB
ftr-490	1545	92	the	the	DET
ftr-490	1545	93	same.2es	same.2es	NOUN
ftr-490	1545	94	one	one	NUM
ftr-490	1545	95	such	such	ADJ
ftr-490	1545	96	later	later	ADJ
ftr-490	1545	97	supreme	supreme	PROPN
ftr-490	1545	98	court	court	PROPN
ftr-490	1545	99	opinion	opinion	NOUN
ftr-490	1545	100	predictably	predictably	ADV
ftr-490	1545	101	discussed	discuss	VERB
ftr-490	1545	102	is	be	AUX
ftr-490	1545	103	tufts	tuft	NOUN
ftr-490	1545	104	,	,	PUNCT
ftr-490	1545	105	in	in	ADP
ftr-490	1545	106	which	which	PRON
ftr-490	1545	107	the	the	DET
ftr-490	1545	108	taxpayer	taxpayer	NOUN
ftr-490	1545	109	used	use	VERB
ftr-490	1545	110	the	the	DET
ftr-490	1545	111	loan	loan	NOUN
ftr-490	1545	112	proceeds	proceed	NOUN
ftr-490	1545	113	in	in	ADP
ftr-490	1545	114	an	an	DET
ftr-490	1545	115	unprofitable	unprofitable	ADJ
ftr-490	1545	116	transaction	transaction	NOUN
ftr-490	1545	117	(	(	PUNCT
ftr-490	1545	118	depreciation	depreciation	NOUN
ftr-490	1545	119	deductions	deduction	NOUN
ftr-490	1545	120	aside	aside	ADV
ftr-490	1545	121	)	)	PUNCT
ftr-490	1545	122	and	and	CCONJ
ftr-490	1545	123	yet	yet	ADV
ftr-490	1545	124	was	be	AUX
ftr-490	1545	125	held	hold	VERB
ftr-490	1545	126	to	to	PART
ftr-490	1545	127	have	have	AUX
ftr-490	1545	128	realized	realize	VERB
ftr-490	1545	129	an	an	DET
ftr-490	1545	130	accession	accession	NOUN
ftr-490	1545	131	to	to	ADP
ftr-490	1545	132	wealth	wealth	NOUN
ftr-490	1545	133	on	on	ADP
ftr-490	1545	134	the	the	DET
ftr-490	1545	135	failure	failure	NOUN
ftr-490	1545	136	to	to	PART
ftr-490	1545	137	repay	repay	VERB
ftr-490	1545	138	nonrecourse	nonrecourse	ADJ
ftr-490	1545	139	debt	debt	NOUN
ftr-490	1545	140	in	in	ADP
ftr-490	1545	141	excess	excess	NOUN
ftr-490	1545	142	of	of	ADP
ftr-490	1545	143	the	the	DET
ftr-490	1545	144	value	value	NOUN
ftr-490	1545	145	of	of	ADP
ftr-490	1545	146	property	property	NOUN
ftr-490	1545	147	transferred	transfer	VERB
ftr-490	1545	148	in	in	ADP
ftr-490	1545	149	satisfaction	satisfaction	NOUN
ftr-490	1545	150	of	of	ADP
ftr-490	1545	151	it	it	PRON
ftr-490	1545	152	.	.	PUNCT
ftr-490	1546	1	one	one	NUM
ftr-490	1546	2	opinion	opinion	NOUN
ftr-490	1546	3	not	not	PART
ftr-490	1546	4	mentioned	mention	VERB
ftr-490	1546	5	,	,	PUNCT
ftr-490	1546	6	?	?	PUNCT
ftr-490	1547	1	however	however	ADV
ftr-490	1547	2	,	,	PUNCT
ftr-490	1547	3	seems	seem	VERB
ftr-490	1547	4	to	to	PART
ftr-490	1547	5	have	have	AUX
ftr-490	1547	6	dealt	deal	VERB
ftr-490	1547	7	with	with	ADP
ftr-490	1547	8	the	the	DET
ftr-490	1547	9	language	language	NOUN
ftr-490	1547	10	of	of	ADP
ftr-490	1547	11	the	the	DET
ftr-490	1547	12	kerbaugh	kerbaugh	NOUN
ftr-490	1547	13	-	-	PUNCT
ftr-490	1547	14	empire	empire	NOUN
ftr-490	1547	15	argument	argument	NOUN
ftr-490	1547	16	obliquely	obliquely	ADV
ftr-490	1547	17	and	and	CCONJ
ftr-490	1547	18	to	to	PART
ftr-490	1547	19	have	have	AUX
ftr-490	1547	20	rejected	reject	VERB
ftr-490	1547	21	it	it	PRON
ftr-490	1547	22	.	.	PUNCT
ftr-490	1548	1	one	one	NUM
ftr-490	1548	2	of	of	ADP
ftr-490	1548	3	the	the	DET
ftr-490	1548	4	arguments	argument	NOUN
ftr-490	1548	5	made	make	VERB
ftr-490	1548	6	by	by	ADP
ftr-490	1548	7	mrs	mrs	PROPN
ftr-490	1548	8	.	.	PROPN
ftr-490	1548	9	crane1	crane1	PROPN
ftr-490	1549	1	in	in	ADP
ftr-490	1549	2	support	support	NOUN
ftr-490	1549	3	of	of	ADP
ftr-490	1549	4	her	her	PRON
ftr-490	1549	5	position	position	NOUN
ftr-490	1549	6	that	that	SCONJ
ftr-490	1549	7	the	the	DET
ftr-490	1549	8	relief	relief	NOUN
ftr-490	1549	9	from	from	ADP
ftr-490	1549	10	nonrecourse	nonrecourse	NOUN
ftr-490	1549	11	indebtedness	indebtedness	NOUN
ftr-490	1549	12	not	not	PART
ftr-490	1549	13	in	in	ADP
ftr-490	1549	14	excess	excess	NOUN
ftr-490	1549	15	of	of	ADP
ftr-490	1549	16	the	the	DET
ftr-490	1549	17	fair	fair	ADJ
ftr-490	1549	18	market	market	NOUN
ftr-490	1549	19	value	value	NOUN
ftr-490	1549	20	of	of	ADP
ftr-490	1549	21	the	the	DET
ftr-490	1549	22	property	property	NOUN
ftr-490	1549	23	transferred	transfer	VERB
ftr-490	1549	24	in	in	ADP
ftr-490	1549	25	satisfaction	satisfaction	NOUN
ftr-490	1549	26	of	of	ADP
ftr-490	1549	27	it	it	PRON
ftr-490	1549	28	is	be	AUX
ftr-490	1549	29	not	not	PART
ftr-490	1549	30	income	income	NOUN
ftr-490	1549	31	within	within	ADP
ftr-490	1549	32	the	the	DET
ftr-490	1549	33	meaning	meaning	NOUN
ftr-490	1549	34	of	of	ADP
ftr-490	1549	35	the	the	DET
ftr-490	1549	36	sixteenth	sixteenth	ADJ
ftr-490	1549	37	amendment	amendment	NOUN
ftr-490	1549	38	was	be	AUX
ftr-490	1549	39	that	that	SCONJ
ftr-490	1549	40	"	"	PUNCT
ftr-490	1549	41	the	the	DET
ftr-490	1549	42	entire	entire	ADJ
ftr-490	1549	43	transaction	transaction	NOUN
ftr-490	1549	44	was	be	AUX
ftr-490	1549	45	thought	think	VERB
ftr-490	1549	46	to	to	PART
ftr-490	1549	47	have	have	AUX
ftr-490	1549	48	been	be	AUX
ftr-490	1549	49	'	'	PUNCT
ftr-490	1549	50	by	by	ADP
ftr-490	1549	51	all	all	DET
ftr-490	1549	52	dictates	dictate	NOUN
ftr-490	1549	53	of	of	ADP
ftr-490	1549	54	common	common	ADJ
ftr-490	1549	55	sense	sense	NOUN
ftr-490	1549	56	...	...	PUNCT
ftr-490	1549	57	a	a	DET
ftr-490	1549	58	ruinous	ruinous	ADJ
ftr-490	1549	59	disaster	disaster	NOUN
ftr-490	1549	60	,	,	PUNCT
ftr-490	1549	61	'	'	PUNCT
ftr-490	1549	62	as	as	SCONJ
ftr-490	1549	63	it	it	PRON
ftr-490	1549	64	was	be	AUX
ftr-490	1549	65	termed	term	VERB
ftr-490	1549	66	in	in	ADP
ftr-490	1549	67	her	her	PRON
ftr-490	1549	68	brief	brief	NOUN
ftr-490	1549	69	..	..	PUNCT
ftr-490	1549	70	,	,	PUNCT
ftr-490	1549	71	,	,	PUNCT
ftr-490	1549	72	.,i1	.,i1	PROPN
ftr-490	1549	73	the	the	DET
ftr-490	1549	74	court	court	NOUN
ftr-490	1549	75	did	do	AUX
ftr-490	1549	76	not	not	PART
ftr-490	1549	77	accept	accept	VERB
ftr-490	1549	78	this	this	DET
ftr-490	1549	79	argument	argument	NOUN
ftr-490	1549	80	.	.	PUNCT
ftr-490	1550	1	she	she	PRON
ftr-490	1550	2	was	be	AUX
ftr-490	1550	3	entitled	entitle	VERB
ftr-490	1550	4	to	to	ADP
ftr-490	1550	5	depreciation	depreciation	NOUN
ftr-490	1550	6	deductions	deduction	NOUN
ftr-490	1550	7	for	for	ADP
ftr-490	1550	8	a	a	DET
ftr-490	1550	9	period	period	NOUN
ftr-490	1550	10	of	of	ADP
ftr-490	1550	11	nearly	nearly	ADV
ftr-490	1550	12	seven	seven	NUM
ftr-490	1550	13	years	year	NOUN
ftr-490	1550	14	,	,	PUNCT
ftr-490	1550	15	and	and	CCONJ
ftr-490	1550	16	she	she	PRON
ftr-490	1550	17	actually	actually	ADV
ftr-490	1550	18	took	take	VERB
ftr-490	1550	19	them	they	PRON
ftr-490	1550	20	in	in	ADP
ftr-490	1550	21	almost	almost	ADV
ftr-490	1550	22	the	the	DET
ftr-490	1550	23	allowable	allowable	ADJ
ftr-490	1550	24	amount	amount	NOUN
ftr-490	1550	25	.	.	PUNCT
ftr-490	1551	1	the	the	DET
ftr-490	1551	2	crux	crux	NOUN
ftr-490	1551	3	of	of	ADP
ftr-490	1551	4	this	this	DET
ftr-490	1551	5	case	case	NOUN
ftr-490	1551	6	,	,	PUNCT
ftr-490	1551	7	really	really	ADV
ftr-490	1551	8	,	,	PUNCT
ftr-490	1551	9	is	be	AUX
ftr-490	1551	10	whether	whether	SCONJ
ftr-490	1551	11	the	the	DET
ftr-490	1551	12	law	law	NOUN
ftr-490	1551	13	permits	permit	VERB
ftr-490	1551	14	her	she	PRON
ftr-490	1551	15	to	to	PART
ftr-490	1551	16	exclude	exclude	VERB
ftr-490	1551	17	allowable	allowable	ADJ
ftr-490	1551	18	deductions	deduction	NOUN
ftr-490	1551	19	from	from	ADP
ftr-490	1551	20	consideration	consideration	NOUN
ftr-490	1551	21	in	in	ADP
ftr-490	1551	22	computing	compute	VERB
ftr-490	1551	23	gain	gain	NOUN
ftr-490	1551	24	.	.	PUNCT
ftr-490	1552	1	we	we	PRON
ftr-490	1552	2	have	have	AUX
ftr-490	1552	3	already	already	ADV
ftr-490	1552	4	showed	show	VERB
ftr-490	1552	5	207	207	NUM
ftr-490	1552	6	.	.	PUNCT
ftr-490	1553	1	i	i	PRON
ftr-490	1553	2	d.	d.	PROPN
ftr-490	1553	3	at	at	ADP
ftr-490	1553	4	1101	1101	NUM
ftr-490	1553	5	(	(	PUNCT
ftr-490	1553	6	tannenwald	tannenwald	NOUN
ftr-490	1553	7	,	,	PUNCT
ftr-490	1553	8	i.	i.	NOUN
ftr-490	1553	9	,	,	PUNCT
ftr-490	1553	10	dissenting	dissent	VERB
ftr-490	1553	11	)	)	PUNCT
ftr-490	1553	12	.	.	PUNCT
ftr-490	1554	1	208	208	NUM
ftr-490	1554	2	.	.	PUNCT
ftr-490	1555	1	i	i	PRON
ftr-490	1555	2	d.	d.	PROPN
ftr-490	1555	3	at	at	ADP
ftr-490	1555	4	1093	1093	NUM
ftr-490	1555	5	-	-	SYM
ftr-490	1555	6	94	94	NUM
ftr-490	1555	7	(	(	PUNCT
ftr-490	1555	8	quoting	quote	VERB
ftr-490	1555	9	the	the	DET
ftr-490	1555	10	opinion	opinion	NOUN
ftr-490	1555	11	in	in	ADP
ftr-490	1555	12	vukasovich	vukasovich	PROPN
ftr-490	1555	13	,	,	PUNCT
ftr-490	1555	14	inc	inc	PROPN
ftr-490	1555	15	.	.	PROPN
ftr-490	1556	1	v.	v.	PROPN
ftr-490	1556	2	commissioner	commissioner	NOUN
ftr-490	1556	3	.	.	PUNCT
ftr-490	1557	1	790	790	NUM
ftr-490	1557	2	f.2d	f.2d	NOUN
ftr-490	1557	3	1409	1409	NUM
ftr-490	1557	4	,	,	PUNCT
ftr-490	1557	5	1414	1414	NUM
ftr-490	1557	6	-	-	SYM
ftr-490	1557	7	15	15	NUM
ftr-490	1557	8	(	(	PUNCT
ftr-490	1557	9	9th	9th	ADJ
ftr-490	1557	10	cir	cir	NOUN
ftr-490	1557	11	.	.	PUNCT
ftr-490	1557	12	1986	1986	NUM
ftr-490	1557	13	)	)	PUNCT
ftr-490	1557	14	)	)	PUNCT
ftr-490	1557	15	.	.	PUNCT
ftr-490	1558	1	the	the	DET
ftr-490	1558	2	service	service	NOUN
ftr-490	1558	3	itself	itself	PRON
ftr-490	1558	4	recently	recently	ADV
ftr-490	1558	5	recognized	recognize	VERB
ftr-490	1558	6	that	that	SCONJ
ftr-490	1558	7	kerbaughempire	kerbaughempire	NOUN
ftr-490	1558	8	is	be	AUX
ftr-490	1558	9	no	no	PRON
ftr-490	1558	10	longer	long	ADV
ftr-490	1558	11	good	good	ADJ
ftr-490	1558	12	law	law	NOUN
ftr-490	1558	13	.	.	PUNCT
ftr-490	1559	1	"	"	PUNCT
ftr-490	1559	2	[	[	X
ftr-490	1559	3	s]ubsequent	s]ubsequent	NUM
ftr-490	1559	4	supreme	supreme	PROPN
ftr-490	1559	5	court	court	PROPN
ftr-490	1559	6	decisions	decision	NOUN
ftr-490	1559	7	and	and	CCONJ
ftr-490	1559	8	other	other	ADJ
ftr-490	1559	9	court	court	NOUN
ftr-490	1559	10	cases	case	NOUN
ftr-490	1559	11	.	.	PUNCT
ftr-490	1560	1	when	when	SCONJ
ftr-490	1560	2	viewed	view	VERB
ftr-490	1560	3	together	together	ADV
ftr-490	1560	4	,	,	PUNCT
ftr-490	1560	5	have	have	AUX
ftr-490	1560	6	discredited	discredit	VERB
ftr-490	1560	7	kerbaugh	kerbaugh	NOUN
ftr-490	1560	8	-	-	PUNCT
ftr-490	1560	9	empire	empire	NOUN
ftr-490	1560	10	.	.	PUNCT
ftr-490	1560	11	"	"	PUNCT
ftr-490	1561	1	rev	rev	PROPN
ftr-490	1561	2	.	.	PROPN
ftr-490	1562	1	rul	rul	NOUN
ftr-490	1562	2	.	.	PUNCT
ftr-490	1563	1	92	92	NUM
ftr-490	1563	2	-	-	SYM
ftr-490	1563	3	99	99	NUM
ftr-490	1563	4	,	,	PUNCT
ftr-490	1563	5	1992.46	1992.46	NUM
ftr-490	1563	6	i.r.b	i.r.b	NOUN
ftr-490	1563	7	.	.	PUNCT
ftr-490	1564	1	5	5	NUM
ftr-490	1564	2	.	.	X
ftr-490	1564	3	209	209	NUM
ftr-490	1564	4	.	.	PUNCT
ftr-490	1565	1	crane	crane	NOUN
ftr-490	1565	2	v.	v.	PROPN
ftr-490	1565	3	commissioner	commissioner	PROPN
ftr-490	1565	4	,	,	PUNCT
ftr-490	1565	5	331	331	NUM
ftr-490	1565	6	u.s	u.s	PROPN
ftr-490	1565	7	.	.	PROPN
ftr-490	1565	8	i	i	PROPN
ftr-490	1565	9	(	(	PUNCT
ftr-490	1565	10	1947	1947	NUM
ftr-490	1565	11	)	)	PUNCT
ftr-490	1565	12	.	.	PUNCT
ftr-490	1566	1	210	210	NUM
ftr-490	1566	2	.	.	PUNCT
ftr-490	1567	1	see	see	VERB
ftr-490	1567	2	supra	supra	PROPN
ftr-490	1567	3	note	note	PROPN
ftr-490	1567	4	16	16	NUM
ftr-490	1567	5	(	(	PUNCT
ftr-490	1567	6	describing	describe	VERB
ftr-490	1567	7	crane	crane	NOUN
ftr-490	1567	8	)	)	PUNCT
ftr-490	1567	9	.	.	PUNCT
ftr-490	1568	1	211	211	NUM
ftr-490	1568	2	.	.	X
ftr-490	1569	1	331	331	NUM
ftr-490	1569	2	u.s	u.s	PROPN
ftr-490	1569	3	.	.	PROPN
ftr-490	1569	4	at	at	ADP
ftr-490	1569	5	15	15	NUM
ftr-490	1569	6	.	.	NOUN
ftr-490	1569	7	1992	1992	NUM
ftr-490	1569	8	]	]	PUNCT
ftr-490	1569	9	florida	florida	PROPN
ftr-490	1569	10	tax	tax	PROPN
ftr-490	1569	11	review	review	NOUN
ftr-490	1569	12	that	that	SCONJ
ftr-490	1569	13	,	,	PUNCT
ftr-490	1569	14	if	if	SCONJ
ftr-490	1569	15	it	it	PRON
ftr-490	1569	16	does	do	VERB
ftr-490	1569	17	,	,	PUNCT
ftr-490	1569	18	the	the	DET
ftr-490	1569	19	taxpayer	taxpayer	NOUN
ftr-490	1569	20	can	can	AUX
ftr-490	1569	21	enjoy	enjoy	VERB
ftr-490	1569	22	a	a	DET
ftr-490	1569	23	double	double	ADJ
ftr-490	1569	24	deduction	deduction	NOUN
ftr-490	1569	25	,	,	PUNCT
ftr-490	1569	26	in	in	ADP
ftr-490	1569	27	effect	effect	NOUN
ftr-490	1569	28	,	,	PUNCT
ftr-490	1569	29	on	on	ADP
ftr-490	1569	30	the	the	DET
ftr-490	1569	31	same	same	ADJ
ftr-490	1569	32	loss	loss	NOUN
ftr-490	1569	33	of	of	ADP
ftr-490	1569	34	assets	asset	NOUN
ftr-490	1569	35	.	.	PUNCT
ftr-490	1570	1	the	the	DET
ftr-490	1570	2	sixteenth	sixteenth	PROPN
ftr-490	1570	3	amendment	amendment	NOUN
ftr-490	1570	4	does	do	AUX
ftr-490	1570	5	not	not	PART
ftr-490	1570	6	require	require	VERB
ftr-490	1570	7	that	that	DET
ftr-490	1570	8	result	result	NOUN
ftr-490	1570	9	any	any	PRON
ftr-490	1570	10	more	more	ADJ
ftr-490	1570	11	than	than	SCONJ
ftr-490	1570	12	does	do	VERB
ftr-490	1570	13	the	the	DET
ftr-490	1570	14	act	act	NOUN
ftr-490	1570	15	itself	itself	PRON
ftr-490	1570	16	.	.	PUNCT
ftr-490	1571	1	212	212	NUM
ftr-490	1571	2	even	even	ADV
ftr-490	1571	3	without	without	ADP
ftr-490	1571	4	deductions	deduction	NOUN
ftr-490	1571	5	produced	produce	VERB
ftr-490	1571	6	by	by	ADP
ftr-490	1571	7	the	the	DET
ftr-490	1571	8	use	use	NOUN
ftr-490	1571	9	of	of	ADP
ftr-490	1571	10	loan	loan	NOUN
ftr-490	1571	11	proceeds	proceed	NOUN
ftr-490	1571	12	(	(	PUNCT
ftr-490	1571	13	e.g.	e.g.	ADV
ftr-490	1571	14	,	,	PUNCT
ftr-490	1571	15	in	in	ADP
ftr-490	1571	16	the	the	DET
ftr-490	1571	17	case	case	NOUN
ftr-490	1571	18	of	of	ADP
ftr-490	1571	19	a	a	DET
ftr-490	1571	20	purchase	purchase	NOUN
ftr-490	1571	21	of	of	ADP
ftr-490	1571	22	a	a	DET
ftr-490	1571	23	personal	personal	ADJ
ftr-490	1571	24	residence	residence	NOUN
ftr-490	1571	25	)	)	PUNCT
ftr-490	1571	26	,	,	PUNCT
ftr-490	1571	27	the	the	DET
ftr-490	1571	28	exclusion	exclusion	NOUN
ftr-490	1571	29	of	of	ADP
ftr-490	1571	30	the	the	DET
ftr-490	1571	31	proceeds	proceed	NOUN
ftr-490	1571	32	on	on	ADP
ftr-490	1571	33	receipt	receipt	NOUN
ftr-490	1571	34	produces	produce	VERB
ftr-490	1571	35	an	an	DET
ftr-490	1571	36	unwarranted	unwarranted	ADJ
ftr-490	1571	37	tax	tax	NOUN
ftr-490	1571	38	benefit	benefit	NOUN
ftr-490	1571	39	if	if	SCONJ
ftr-490	1571	40	not	not	PART
ftr-490	1571	41	fully	fully	ADV
ftr-490	1571	42	repaid	repay	VERB
ftr-490	1571	43	with	with	ADP
ftr-490	1571	44	after	after	ADP
ftr-490	1571	45	-	-	PUNCT
ftr-490	1571	46	tax	tax	NOUN
ftr-490	1571	47	dollars	dollar	NOUN
ftr-490	1571	48	.	.	PUNCT
ftr-490	1572	1	if	if	SCONJ
ftr-490	1572	2	the	the	DET
ftr-490	1572	3	loan	loan	NOUN
ftr-490	1572	4	proceeds	proceed	NOUN
ftr-490	1572	5	are	be	AUX
ftr-490	1572	6	dissipated	dissipate	VERB
ftr-490	1572	7	in	in	ADP
ftr-490	1572	8	a	a	DET
ftr-490	1572	9	business	business	NOUN
ftr-490	1572	10	or	or	CCONJ
ftr-490	1572	11	investment	investment	NOUN
ftr-490	1572	12	,	,	PUNCT
ftr-490	1572	13	the	the	DET
ftr-490	1572	14	loan	loan	NOUN
ftr-490	1572	15	proceeds	proceed	NOUN
ftr-490	1572	16	will	will	AUX
ftr-490	1572	17	be	be	AUX
ftr-490	1572	18	deductible	deductible	ADJ
ftr-490	1572	19	(	(	PUNCT
ftr-490	1572	20	e.g.	e.g.	ADV
ftr-490	1572	21	,	,	PUNCT
ftr-490	1572	22	crane	crane	NOUN
ftr-490	1572	23	's	's	PART
ftr-490	1572	24	and	and	CCONJ
ftr-490	1572	25	tufts	tuft	NOUN
ftr-490	1572	26	's	's	PART
ftr-490	1572	27	depreciation	depreciation	NOUN
ftr-490	1572	28	deductions	deduction	NOUN
ftr-490	1572	29	,	,	PUNCT
ftr-490	1572	30	and	and	CCONJ
ftr-490	1572	31	allan	allan	PROPN
ftr-490	1572	32	's	's	PART
ftr-490	1572	33	interest	interest	NOUN
ftr-490	1572	34	and	and	CCONJ
ftr-490	1572	35	real	real	ADJ
ftr-490	1572	36	estate	estate	NOUN
ftr-490	1572	37	tax	tax	NOUN
ftr-490	1572	38	deductions	deduction	NOUN
ftr-490	1572	39	,	,	PUNCT
ftr-490	1572	40	as	as	ADV
ftr-490	1572	41	well	well	ADV
ftr-490	1572	42	as	as	ADP
ftr-490	1572	43	recognizable	recognizable	ADJ
ftr-490	1572	44	losses	loss	NOUN
ftr-490	1572	45	on	on	ADP
ftr-490	1572	46	disposition	disposition	NOUN
ftr-490	1572	47	)	)	PUNCT
ftr-490	1572	48	.	.	PUNCT
ftr-490	1573	1	if	if	SCONJ
ftr-490	1573	2	the	the	DET
ftr-490	1573	3	loan	loan	NOUN
ftr-490	1573	4	proceeds	proceed	NOUN
ftr-490	1573	5	are	be	AUX
ftr-490	1573	6	dissipated	dissipate	VERB
ftr-490	1573	7	in	in	ADP
ftr-490	1573	8	personal	personal	ADJ
ftr-490	1573	9	consumption	consumption	NOUN
ftr-490	1573	10	,	,	PUNCT
ftr-490	1573	11	there	there	PRON
ftr-490	1573	12	is	be	VERB
ftr-490	1573	13	no	no	DET
ftr-490	1573	14	deduction	deduction	NOUN
ftr-490	1573	15	but	but	CCONJ
ftr-490	1573	16	there	there	PRON
ftr-490	1573	17	is	be	VERB
ftr-490	1573	18	not	not	PART
ftr-490	1573	19	intended	intend	VERB
ftr-490	1573	20	to	to	PART
ftr-490	1573	21	be	be	AUX
ftr-490	1573	22	any	any	DET
ftr-490	1573	23	deduction	deduction	NOUN
ftr-490	1573	24	(	(	PUNCT
ftr-490	1573	25	e.g.	e.g.	ADV
ftr-490	1573	26	,	,	PUNCT
ftr-490	1573	27	zarin	zarin	PROPN
ftr-490	1573	28	's	's	PART
ftr-490	1573	29	net	net	ADJ
ftr-490	1573	30	gambling	gambling	NOUN
ftr-490	1573	31	ioss	ioss	ADJ
ftr-490	1573	32	2	2	NUM
ftr-490	1573	33	13	13	NUM
ftr-490	1573	34	and	and	CCONJ
ftr-490	1573	35	little	little	ADJ
ftr-490	1573	36	bucks	buck	NOUN
ftr-490	1573	37	's	's	PART
ftr-490	1573	38	loss	loss	NOUN
ftr-490	1573	39	)	)	PUNCT
ftr-490	1573	40	.	.	PUNCT
ftr-490	1574	1	if	if	SCONJ
ftr-490	1574	2	the	the	DET
ftr-490	1574	3	failure	failure	NOUN
ftr-490	1574	4	to	to	PART
ftr-490	1574	5	repay	repay	VERB
ftr-490	1574	6	the	the	DET
ftr-490	1574	7	loan	loan	NOUN
ftr-490	1574	8	proceeds	proceed	NOUN
ftr-490	1574	9	with	with	ADP
ftr-490	1574	10	after	after	ADP
ftr-490	1574	11	-	-	PUNCT
ftr-490	1574	12	tax	tax	NOUN
ftr-490	1574	13	dollars	dollar	NOUN
ftr-490	1574	14	is	be	AUX
ftr-490	1574	15	itself	itself	PRON
ftr-490	1574	16	not	not	PART
ftr-490	1574	17	taxed	tax	VERB
ftr-490	1574	18	,	,	PUNCT
ftr-490	1574	19	there	there	PRON
ftr-490	1574	20	will	will	AUX
ftr-490	1574	21	result	result	VERB
ftr-490	1574	22	,	,	PUNCT
ftr-490	1574	23	in	in	ADP
ftr-490	1574	24	effect	effect	NOUN
ftr-490	1574	25	,	,	PUNCT
ftr-490	1574	26	a	a	DET
ftr-490	1574	27	double	double	ADJ
ftr-490	1574	28	deduction	deduction	NOUN
ftr-490	1574	29	in	in	ADP
ftr-490	1574	30	the	the	DET
ftr-490	1574	31	case	case	NOUN
ftr-490	1574	32	of	of	ADP
ftr-490	1574	33	loan	loan	NOUN
ftr-490	1574	34	proceeds	proceed	NOUN
ftr-490	1574	35	dissipated	dissipate	VERB
ftr-490	1574	36	in	in	ADP
ftr-490	1574	37	business	business	NOUN
ftr-490	1574	38	or	or	CCONJ
ftr-490	1574	39	investment	investment	NOUN
ftr-490	1574	40	(	(	PUNCT
ftr-490	1574	41	as	as	SCONJ
ftr-490	1574	42	occurred	occur	VERB
ftr-490	1574	43	in	in	ADP
ftr-490	1574	44	kerbaughempire2	kerbaughempire2	PROPN
ftr-490	1574	45	14	14	NUM
ftr-490	1574	46	)	)	PUNCT
ftr-490	1574	47	or	or	CCONJ
ftr-490	1574	48	an	an	DET
ftr-490	1574	49	inappropriate	inappropriate	ADJ
ftr-490	1574	50	deduction	deduction	NOUN
ftr-490	1574	51	for	for	ADP
ftr-490	1574	52	personal	personal	ADJ
ftr-490	1574	53	consumption	consumption	NOUN
ftr-490	1574	54	in	in	ADP
ftr-490	1574	55	the	the	DET
ftr-490	1574	56	case	case	NOUN
ftr-490	1574	57	of	of	ADP
ftr-490	1574	58	loan	loan	NOUN
ftr-490	1574	59	proceeds	proceed	NOUN
ftr-490	1574	60	used	use	VERB
ftr-490	1574	61	for	for	ADP
ftr-490	1574	62	personal	personal	ADJ
ftr-490	1574	63	consumption	consumption	NOUN
ftr-490	1574	64	(	(	PUNCT
ftr-490	1574	65	as	as	SCONJ
ftr-490	1574	66	occurred	occur	VERB
ftr-490	1574	67	in	in	ADP
ftr-490	1574	68	the	the	DET
ftr-490	1574	69	hypothetical	hypothetical	ADJ
ftr-490	1574	70	of	of	ADP
ftr-490	1574	71	little	little	ADJ
ftr-490	1574	72	bucks	buck	NOUN
ftr-490	1574	73	and	and	CCONJ
ftr-490	1574	74	at	at	ADP
ftr-490	1574	75	least	least	ADJ
ftr-490	1574	76	arguably	arguably	ADV
ftr-490	1574	77	in	in	ADP
ftr-490	1574	78	the	the	DET
ftr-490	1574	79	zarin	zarin	PROPN
ftr-490	1574	80	case2	case2	PROPN
ftr-490	1574	81	l	l	PROPN
ftr-490	1574	82	"	"	PUNCT
ftr-490	1574	83	)	)	PUNCT
ftr-490	1574	84	.	.	PUNCT
ftr-490	1575	1	the	the	DET
ftr-490	1575	2	third	third	ADJ
ftr-490	1575	3	circuit	circuit	NOUN
ftr-490	1575	4	reversed	reverse	VERB
ftr-490	1575	5	the	the	DET
ftr-490	1575	6	majority	majority	NOUN
ftr-490	1575	7	holding	hold	VERB
ftr-490	1575	8	in	in	ADP
ftr-490	1575	9	zarin	zarin	NOUN
ftr-490	1575	10	,	,	PUNCT
ftr-490	1575	11	agreeing	agree	VERB
ftr-490	1575	12	with	with	ADP
ftr-490	1575	13	the	the	DET
ftr-490	1575	14	dissents	dissent	NOUN
ftr-490	1575	15	'	'	PART
ftr-490	1575	16	216	216	NUM
ftr-490	1575	17	conclusion	conclusion	NOUN
ftr-490	1575	18	that	that	PRON
ftr-490	1575	19	zarin	zarin	PROPN
ftr-490	1575	20	realized	realize	VERB
ftr-490	1575	21	no	no	DET
ftr-490	1575	22	income	income	NOUN
ftr-490	1575	23	,	,	PUNCT
ftr-490	1575	24	but	but	CCONJ
ftr-490	1575	25	expressly	expressly	ADV
ftr-490	1575	26	stated	state	VERB
ftr-490	1575	27	,	,	PUNCT
ftr-490	1575	28	"	"	PUNCT
ftr-490	1575	29	we	we	PRON
ftr-490	1575	30	do	do	AUX
ftr-490	1575	31	not	not	PART
ftr-490	1575	32	pass	pass	VERB
ftr-490	1575	33	on	on	ADP
ftr-490	1575	34	the	the	DET
ftr-490	1575	35	question	question	NOUN
ftr-490	1575	36	whether	whether	SCONJ
ftr-490	1575	37	or	or	CCONJ
ftr-490	1575	38	not	not	PART
ftr-490	1575	39	bowers	bower	NOUN
ftr-490	1576	1	[	[	X
ftr-490	1576	2	v.	v.	ADP
ftr-490	1576	3	kerbaughempire	kerbaughempire	NOUN
ftr-490	1576	4	]	]	PUNCT
ftr-490	1576	5	is	be	AUX
ftr-490	1576	6	good	good	ADJ
ftr-490	1576	7	law	law	NOUN
ftr-490	1576	8	.	.	PUNCT
ftr-490	1577	1	,	,	PUNCT
ftr-490	1577	2	2	2	NUM
ftr-490	1577	3	17	17	NUM
ftr-490	1577	4	kerbaugh	kerbaugh	NOUN
ftr-490	1577	5	-	-	PUNCT
ftr-490	1577	6	empire	empire	NOUN
ftr-490	1577	7	,	,	PUNCT
ftr-490	1577	8	notwithstanding	notwithstanding	ADP
ftr-490	1577	9	judge	judge	NOUN
ftr-490	1577	10	tannen212	tannen212	PROPN
ftr-490	1577	11	.	.	PUNCT
ftr-490	1578	1	i	i	PRON
ftr-490	1578	2	d.	d.	PROPN
ftr-490	1578	3	at	at	ADP
ftr-490	1578	4	15	15	NUM
ftr-490	1578	5	-	-	SYM
ftr-490	1578	6	16	16	NUM
ftr-490	1578	7	(	(	PUNCT
ftr-490	1578	8	footnote	footnote	NOUN
ftr-490	1578	9	omitted	omit	VERB
ftr-490	1578	10	)	)	PUNCT
ftr-490	1578	11	.	.	PUNCT
ftr-490	1579	1	213	213	NUM
ftr-490	1579	2	.	.	PUNCT
ftr-490	1580	1	see	see	VERB
ftr-490	1580	2	infra	infra	NOUN
ftr-490	1580	3	note	note	VERB
ftr-490	1580	4	217	217	NUM
ftr-490	1580	5	(	(	PUNCT
ftr-490	1580	6	discussing	discuss	VERB
ftr-490	1580	7	the	the	DET
ftr-490	1580	8	nondeductibility	nondeductibility	NOUN
ftr-490	1580	9	of	of	ADP
ftr-490	1580	10	net	net	ADJ
ftr-490	1580	11	gambling	gambling	NOUN
ftr-490	1580	12	losses	loss	NOUN
ftr-490	1580	13	)	)	PUNCT
ftr-490	1580	14	.	.	PUNCT
ftr-490	1581	1	214	214	NUM
ftr-490	1581	2	.	.	PUNCT
ftr-490	1582	1	see	see	VERB
ftr-490	1582	2	supra	supra	PROPN
ftr-490	1582	3	note	note	PROPN
ftr-490	1582	4	203	203	NUM
ftr-490	1582	5	(	(	PUNCT
ftr-490	1582	6	discussing	discuss	VERB
ftr-490	1582	7	the	the	DET
ftr-490	1582	8	double	double	ADJ
ftr-490	1582	9	-	-	PUNCT
ftr-490	1582	10	deduction	deduction	NOUN
ftr-490	1582	11	effect	effect	NOUN
ftr-490	1582	12	)	)	PUNCT
ftr-490	1582	13	.	.	PUNCT
ftr-490	1583	1	215	215	NUM
ftr-490	1583	2	.	.	PUNCT
ftr-490	1584	1	see	see	VERB
ftr-490	1584	2	infra	infra	NOUN
ftr-490	1584	3	note	note	VERB
ftr-490	1584	4	217	217	NUM
ftr-490	1584	5	(	(	PUNCT
ftr-490	1584	6	discussing	discuss	VERB
ftr-490	1584	7	whether	whether	SCONJ
ftr-490	1584	8	zarin	zarin	PROPN
ftr-490	1584	9	should	should	AUX
ftr-490	1584	10	properly	properly	ADV
ftr-490	1584	11	be	be	AUX
ftr-490	1584	12	viewed	view	VERB
ftr-490	1584	13	as	as	ADP
ftr-490	1584	14	a	a	DET
ftr-490	1584	15	nonstatutory	nonstatutory	ADJ
ftr-490	1584	16	purchase	purchase	NOUN
ftr-490	1584	17	-	-	PUNCT
ftr-490	1584	18	price	price	NOUN
ftr-490	1584	19	-	-	PUNCT
ftr-490	1584	20	adjustment	adjustment	NOUN
ftr-490	1584	21	case	case	NOUN
ftr-490	1584	22	,	,	PUNCT
ftr-490	1584	23	resulting	result	VERB
ftr-490	1584	24	in	in	ADP
ftr-490	1584	25	no	no	DET
ftr-490	1584	26	taxation	taxation	NOUN
ftr-490	1584	27	,	,	PUNCT
ftr-490	1584	28	or	or	CCONJ
ftr-490	1584	29	as	as	ADP
ftr-490	1584	30	a	a	DET
ftr-490	1584	31	cod	cod	NOUN
ftr-490	1584	32	-	-	PUNCT
ftr-490	1584	33	income	income	NOUN
ftr-490	1584	34	case	case	NOUN
ftr-490	1584	35	,	,	PUNCT
ftr-490	1584	36	resulting	result	VERB
ftr-490	1584	37	in	in	ADP
ftr-490	1584	38	taxation	taxation	NOUN
ftr-490	1584	39	in	in	ADP
ftr-490	1584	40	order	order	NOUN
ftr-490	1584	41	to	to	PART
ftr-490	1584	42	avoid	avoid	VERB
ftr-490	1584	43	the	the	DET
ftr-490	1584	44	backdoor	backdoor	NOUN
ftr-490	1584	45	deduction	deduction	NOUN
ftr-490	1584	46	of	of	ADP
ftr-490	1584	47	personal	personal	ADJ
ftr-490	1584	48	consumption	consumption	NOUN
ftr-490	1584	49	)	)	PUNCT
ftr-490	1584	50	.	.	PUNCT
ftr-490	1585	1	216	216	NUM
ftr-490	1585	2	.	.	PUNCT
ftr-490	1586	1	zarin	zarin	PROPN
ftr-490	1586	2	v.	v.	PROPN
ftr-490	1586	3	commissioner	commissioner	PROPN
ftr-490	1586	4	,	,	PUNCT
ftr-490	1586	5	916	916	NUM
ftr-490	1586	6	f.2d	f.2d	NOUN
ftr-490	1586	7	110	110	NUM
ftr-490	1586	8	(	(	PUNCT
ftr-490	1586	9	3d	3d	PROPN
ftr-490	1586	10	cir	cir	NOUN
ftr-490	1586	11	.	.	PUNCT
ftr-490	1586	12	1990	1990	NUM
ftr-490	1586	13	)	)	PUNCT
ftr-490	1586	14	.	.	PUNCT
ftr-490	1587	1	there	there	PRON
ftr-490	1587	2	were	be	VERB
ftr-490	1587	3	three	three	NUM
ftr-490	1587	4	tax	tax	NOUN
ftr-490	1587	5	court	court	NOUN
ftr-490	1587	6	dissenting	dissent	VERB
ftr-490	1587	7	opinions	opinion	NOUN
ftr-490	1587	8	in	in	ADP
ftr-490	1587	9	zarin	zarin	PROPN
ftr-490	1587	10	.	.	PUNCT
ftr-490	1588	1	in	in	ADP
ftr-490	1588	2	addition	addition	NOUN
ftr-490	1588	3	to	to	ADP
ftr-490	1588	4	the	the	DET
ftr-490	1588	5	opinion	opinion	NOUN
ftr-490	1588	6	penned	pen	VERB
ftr-490	1588	7	by	by	ADP
ftr-490	1588	8	judge	judge	PROPN
ftr-490	1588	9	tannenwald	tannenwald	PROPN
ftr-490	1588	10	,	,	PUNCT
ftr-490	1588	11	joined	join	VERB
ftr-490	1588	12	by	by	ADP
ftr-490	1588	13	judge	judge	PROPN
ftr-490	1588	14	wells	wells	PROPN
ftr-490	1588	15	(	(	PUNCT
ftr-490	1588	16	see	see	VERB
ftr-490	1588	17	supra	supra	PROPN
ftr-490	1588	18	note	note	PROPN
ftr-490	1588	19	207	207	NUM
ftr-490	1588	20	and	and	CCONJ
ftr-490	1588	21	accompanying	accompany	VERB
ftr-490	1588	22	text	text	NOUN
ftr-490	1588	23	)	)	PUNCT
ftr-490	1588	24	,	,	PUNCT
ftr-490	1588	25	judge	judge	PROPN
ftr-490	1588	26	jacobs	jacobs	PROPN
ftr-490	1588	27	wrote	write	VERB
ftr-490	1588	28	a	a	DET
ftr-490	1588	29	dissent	dissent	NOUN
ftr-490	1588	30	,	,	PUNCT
ftr-490	1588	31	as	as	SCONJ
ftr-490	1588	32	did	do	AUX
ftr-490	1588	33	judge	judge	PROPN
ftr-490	1588	34	ruwe	ruwe	PROPN
ftr-490	1588	35	,	,	PUNCT
ftr-490	1588	36	joined	join	VERB
ftr-490	1588	37	by	by	ADP
ftr-490	1588	38	judges	judge	NOUN
ftr-490	1588	39	chabot	chabot	PROPN
ftr-490	1588	40	,	,	PUNCT
ftr-490	1588	41	swift	swift	ADJ
ftr-490	1588	42	,	,	PUNCT
ftr-490	1588	43	williams	williams	PROPN
ftr-490	1588	44	,	,	PUNCT
ftr-490	1588	45	and	and	CCONJ
ftr-490	1588	46	whalen	whalen	PROPN
ftr-490	1588	47	.	.	PUNCT
ftr-490	1589	1	92	92	NUM
ftr-490	1589	2	t.c	t.c	PROPN
ftr-490	1589	3	.	.	PUNCT
ftr-490	1590	1	at	at	ADP
ftr-490	1590	2	1105	1105	NUM
ftr-490	1590	3	-	-	SYM
ftr-490	1590	4	1107	1107	NUM
ftr-490	1590	5	,	,	PUNCT
ftr-490	1590	6	1107	1107	NUM
ftr-490	1590	7	-	-	SYM
ftr-490	1590	8	16	16	NUM
ftr-490	1590	9	.	.	PUNCT
ftr-490	1590	10	217	217	NUM
ftr-490	1590	11	.	.	X
ftr-490	1590	12	916	916	NUM
ftr-490	1590	13	f.2d	f.2d	NOUN
ftr-490	1590	14	at	at	ADP
ftr-490	1590	15	116	116	NUM
ftr-490	1590	16	n.	n.	NOUN
ftr-490	1590	17	11	11	NUM
ftr-490	1590	18	.	.	PUNCT
ftr-490	1591	1	the	the	DET
ftr-490	1591	2	third	third	ADJ
ftr-490	1591	3	circuit	circuit	NOUN
ftr-490	1591	4	majority	majority	NOUN
ftr-490	1591	5	reasoned	reason	VERB
ftr-490	1591	6	that	that	SCONJ
ftr-490	1591	7	because	because	SCONJ
ftr-490	1591	8	the	the	DET
ftr-490	1591	9	debt	debt	NOUN
ftr-490	1591	10	was	be	AUX
ftr-490	1591	11	unenforceable	unenforceable	ADJ
ftr-490	1591	12	under	under	ADP
ftr-490	1591	13	state	state	NOUN
ftr-490	1591	14	law	law	NOUN
ftr-490	1591	15	,	,	PUNCT
ftr-490	1591	16	the	the	DET
ftr-490	1591	17	amount	amount	NOUN
ftr-490	1591	18	of	of	ADP
ftr-490	1591	19	indebtedness	indebtedness	NOUN
ftr-490	1591	20	was	be	AUX
ftr-490	1591	21	in	in	ADP
ftr-490	1591	22	dispute	dispute	NOUN
ftr-490	1591	23	.	.	PUNCT
ftr-490	1592	1	thus	thus	ADV
ftr-490	1592	2	,	,	PUNCT
ftr-490	1592	3	the	the	DET
ftr-490	1592	4	court	court	NOUN
ftr-490	1592	5	applied	apply	VERB
ftr-490	1592	6	the	the	DET
ftr-490	1592	7	usual	usual	ADJ
ftr-490	1592	8	rule	rule	NOUN
ftr-490	1592	9	that	that	SCONJ
ftr-490	1592	10	no	no	DET
ftr-490	1592	11	cod	cod	NOUN
ftr-490	1592	12	income	income	NOUN
ftr-490	1592	13	arises	arise	VERB
ftr-490	1592	14	on	on	ADP
ftr-490	1592	15	settlement	settlement	NOUN
ftr-490	1592	16	of	of	ADP
ftr-490	1592	17	a	a	DET
ftr-490	1592	18	debt	debt	NOUN
ftr-490	1592	19	,	,	PUNCT
ftr-490	1592	20	the	the	DET
ftr-490	1592	21	amount	amount	NOUN
ftr-490	1592	22	of	of	ADP
ftr-490	1592	23	which	which	PRON
ftr-490	1592	24	is	be	AUX
ftr-490	1592	25	in	in	ADP
ftr-490	1592	26	dispute	dispute	NOUN
ftr-490	1592	27	.	.	PUNCT
ftr-490	1593	1	the	the	DET
ftr-490	1593	2	third	third	ADJ
ftr-490	1593	3	circuit	circuit	NOUN
ftr-490	1593	4	's	's	PART
ftr-490	1593	5	reasoning	reasoning	NOUN
ftr-490	1593	6	is	be	AUX
ftr-490	1593	7	described	describe	VERB
ftr-490	1593	8	in	in	ADP
ftr-490	1593	9	more	more	ADJ
ftr-490	1593	10	detail	detail	NOUN
ftr-490	1593	11	-	-	PUNCT
ftr-490	1593	12	and	and	CCONJ
ftr-490	1593	13	lambasted	lambaste	VERB
ftr-490	1593	14	-	-	PUNCT
ftr-490	1593	15	in	in	ADP
ftr-490	1593	16	daniel	daniel	PROPN
ftr-490	1593	17	shaviro	shaviro	PROPN
ftr-490	1593	18	,	,	PUNCT
ftr-490	1593	19	the	the	DET
ftr-490	1593	20	man	man	NOUN
ftr-490	1593	21	who	who	PRON
ftr-490	1593	22	lost	lose	VERB
ftr-490	1593	23	too	too	ADV
ftr-490	1593	24	much	much	ADV
ftr-490	1593	25	:	:	PUNCT
ftr-490	1593	26	zarin	zarin	PROPN
ftr-490	1593	27	v.	v.	ADP
ftr-490	1593	28	commissioner	commissioner	PROPN
ftr-490	1593	29	and	and	CCONJ
ftr-490	1593	30	the	the	DET
ftr-490	1593	31	measurement	measurement	NOUN
ftr-490	1593	32	of	of	ADP
ftr-490	1593	33	taxable	taxable	ADJ
ftr-490	1593	34	consumption	consumption	NOUN
ftr-490	1593	35	,	,	PUNCT
ftr-490	1593	36	45	45	NUM
ftr-490	1593	37	tax	tax	NOUN
ftr-490	1593	38	l.	l.	PROPN
ftr-490	1593	39	rev	rev	PROPN
ftr-490	1593	40	.	.	PROPN
ftr-490	1593	41	215	215	NUM
ftr-490	1593	42	,	,	PUNCT
ftr-490	1593	43	252	252	NUM
ftr-490	1593	44	-	-	SYM
ftr-490	1593	45	58	58	NUM
ftr-490	1593	46	(	(	PUNCT
ftr-490	1593	47	1990	1990	NUM
ftr-490	1593	48	)	)	PUNCT
ftr-490	1593	49	.	.	PUNCT
ftr-490	1594	1	professor	professor	NOUN
ftr-490	1594	2	shaviro	shaviro	VERB
ftr-490	1594	3	disagrees	disagree	VERB
ftr-490	1594	4	not	not	PART
ftr-490	1594	5	with	with	ADP
ftr-490	1594	6	the	the	DET
ftr-490	1594	7	result	result	NOUN
ftr-490	1594	8	that	that	SCONJ
ftr-490	1594	9	no	no	DET
ftr-490	1594	10	income	income	NOUN
ftr-490	1594	11	is	be	AUX
ftr-490	1594	12	realized	realize	VERB
ftr-490	1594	13	but	but	CCONJ
ftr-490	1594	14	with	with	ADP
ftr-490	1594	15	the	the	DET
ftr-490	1594	16	poor	poor	ADJ
ftr-490	1594	17	reasoning	reasoning	NOUN
ftr-490	1594	18	of	of	ADP
ftr-490	1594	19	the	the	DET
ftr-490	1594	20	third	third	ADJ
ftr-490	1594	21	circuit	circuit	NOUN
ftr-490	1594	22	in	in	ADP
ftr-490	1594	23	reaching	reach	VERB
ftr-490	1594	24	that	that	DET
ftr-490	1594	25	result	result	NOUN
ftr-490	1594	26	.	.	PUNCT
ftr-490	1595	1	perhaps	perhaps	ADV
ftr-490	1595	2	because	because	SCONJ
ftr-490	1595	3	the	the	DET
ftr-490	1595	4	facts	fact	NOUN
ftr-490	1595	5	are	be	AUX
ftr-490	1595	6	interesting	interesting	ADJ
ftr-490	1595	7	and	and	CCONJ
ftr-490	1595	8	unusual	unusual	ADJ
ftr-490	1595	9	(	(	PUNCT
ftr-490	1595	10	a	a	DET
ftr-490	1595	11	definite	definite	ADJ
ftr-490	1595	12	plus	plus	CCONJ
ftr-490	1595	13	when	when	SCONJ
ftr-490	1595	14	pondering	ponder	VERB
ftr-490	1595	15	tax	tax	NOUN
ftr-490	1595	16	cases	case	NOUN
ftr-490	1595	17	)	)	PUNCT
ftr-490	1595	18	,	,	PUNCT
ftr-490	1595	19	the	the	DET
ftr-490	1595	20	case	case	NOUN
ftr-490	1595	21	has	have	AUX
ftr-490	1595	22	generated	generate	VERB
ftr-490	1595	23	an	an	DET
ftr-490	1595	24	unusual	unusual	ADJ
ftr-490	1595	25	amount	amount	NOUN
ftr-490	1595	26	of	of	ADP
ftr-490	1595	27	interest	interest	NOUN
ftr-490	1595	28	.	.	PUNCT
ftr-490	1596	1	see	see	VERB
ftr-490	1596	2	commentary	commentary	NOUN
ftr-490	1596	3	collected	collect	VERB
ftr-490	1596	4	in	in	ADP
ftr-490	1596	5	babette	babette	PROPN
ftr-490	1596	6	b.	b.	PROPN
ftr-490	1596	7	barton	barton	PROPN
ftr-490	1596	8	,	,	PUNCT
ftr-490	1596	9	legal	legal	ADJ
ftr-490	1596	10	and	and	CCONJ
ftr-490	1596	11	tax	tax	NOUN
ftr-490	1596	12	incidents	incident	NOUN
ftr-490	1596	13	of	of	ADP
ftr-490	1596	14	compulsive	compulsive	ADJ
ftr-490	1596	15	behavior	behavior	NOUN
ftr-490	1596	16	:	:	PUNCT
ftr-490	1596	17	lessons	lesson	NOUN
ftr-490	1596	18	[	[	PUNCT
ftr-490	1596	19	vol	vol	NOUN
ftr-490	1596	20	1:3	1:3	NUM
ftr-490	1596	21	tufts	tuft	NOUN
ftr-490	1596	22	and	and	CCONJ
ftr-490	1596	23	the	the	DET
ftr-490	1596	24	evolution	evolution	NOUN
ftr-490	1596	25	of	of	ADP
ftr-490	1596	26	debt	debt	NOUN
ftr-490	1596	27	-	-	PUNCT
ftr-490	1596	28	discharge	discharge	NOUN
ftr-490	1596	29	theory	theory	NOUN
ftr-490	1596	30	from	from	ADP
ftr-490	1596	31	zarin	zarin	PROPN
ftr-490	1596	32	,	,	PUNCT
ftr-490	1596	33	45	45	NUM
ftr-490	1596	34	tax	tax	NOUN
ftr-490	1596	35	law	law	NOUN
ftr-490	1596	36	.	.	PUNCT
ftr-490	1597	1	749	749	NUM
ftr-490	1597	2	(	(	PUNCT
ftr-490	1597	3	1992	1992	NUM
ftr-490	1597	4	)	)	PUNCT
ftr-490	1597	5	.	.	PUNCT
ftr-490	1598	1	the	the	DET
ftr-490	1598	2	argument	argument	NOUN
ftr-490	1598	3	that	that	SCONJ
ftr-490	1598	4	the	the	DET
ftr-490	1598	5	unenforceability	unenforceability	NOUN
ftr-490	1598	6	of	of	ADP
ftr-490	1598	7	the	the	DET
ftr-490	1598	8	debt	debt	NOUN
ftr-490	1598	9	rendered	render	VERB
ftr-490	1598	10	the	the	DET
ftr-490	1598	11	amount	amount	NOUN
ftr-490	1598	12	of	of	ADP
ftr-490	1598	13	the	the	DET
ftr-490	1598	14	debt	debt	NOUN
ftr-490	1598	15	uncertain	uncertain	ADJ
ftr-490	1598	16	is	be	AUX
ftr-490	1598	17	off	off	ADP
ftr-490	1598	18	the	the	DET
ftr-490	1598	19	mark	mark	NOUN
ftr-490	1598	20	.	.	PUNCT
ftr-490	1599	1	the	the	DET
ftr-490	1599	2	reason	reason	NOUN
ftr-490	1599	3	that	that	PRON
ftr-490	1599	4	no	no	DET
ftr-490	1599	5	cod	cod	NOUN
ftr-490	1599	6	income	income	NOUN
ftr-490	1599	7	is	be	AUX
ftr-490	1599	8	realized	realize	VERB
ftr-490	1599	9	on	on	ADP
ftr-490	1599	10	the	the	DET
ftr-490	1599	11	settlement	settlement	NOUN
ftr-490	1599	12	of	of	ADP
ftr-490	1599	13	a	a	DET
ftr-490	1599	14	debt	debt	NOUN
ftr-490	1599	15	,	,	PUNCT
ftr-490	1599	16	the	the	DET
ftr-490	1599	17	amount	amount	NOUN
ftr-490	1599	18	of	of	ADP
ftr-490	1599	19	which	which	PRON
ftr-490	1599	20	is	be	AUX
ftr-490	1599	21	in	in	ADP
ftr-490	1599	22	dispute	dispute	NOUN
ftr-490	1599	23	,	,	PUNCT
ftr-490	1599	24	is	be	AUX
ftr-490	1599	25	because	because	SCONJ
ftr-490	1599	26	the	the	DET
ftr-490	1599	27	realization	realization	NOUN
ftr-490	1599	28	of	of	ADP
ftr-490	1599	29	cod	cod	NOUN
ftr-490	1599	30	income	income	NOUN
ftr-490	1599	31	depends	depend	VERB
ftr-490	1599	32	entirely	entirely	ADV
ftr-490	1599	33	on	on	ADP
ftr-490	1599	34	the	the	DET
ftr-490	1599	35	prior	prior	ADJ
ftr-490	1599	36	value	value	NOUN
ftr-490	1599	37	received	receive	VERB
ftr-490	1599	38	untaxed	untaxe	VERB
ftr-490	1599	39	at	at	ADP
ftr-490	1599	40	the	the	DET
ftr-490	1599	41	time	time	NOUN
ftr-490	1599	42	the	the	DET
ftr-490	1599	43	loan	loan	NOUN
ftr-490	1599	44	was	be	AUX
ftr-490	1599	45	incurred	incur	VERB
ftr-490	1599	46	.	.	PUNCT
ftr-490	1600	1	see	see	VERB
ftr-490	1600	2	supra	supra	PROPN
ftr-490	1600	3	notes	note	VERB
ftr-490	1600	4	93	93	NUM
ftr-490	1600	5	-	-	SYM
ftr-490	1600	6	97	97	NUM
ftr-490	1600	7	and	and	CCONJ
ftr-490	1600	8	accompanying	accompany	VERB
ftr-490	1600	9	text	text	NOUN
ftr-490	1600	10	(	(	PUNCT
ftr-490	1600	11	discussing	discuss	VERB
ftr-490	1600	12	rail	rail	NOUN
ftr-490	1600	13	joint	joint	ADJ
ftr-490	1600	14	and	and	CCONJ
ftr-490	1600	15	related	related	ADJ
ftr-490	1600	16	material	material	NOUN
ftr-490	1600	17	)	)	PUNCT
ftr-490	1600	18	.	.	PUNCT
ftr-490	1601	1	if	if	SCONJ
ftr-490	1601	2	that	that	DET
ftr-490	1601	3	amount	amount	NOUN
ftr-490	1601	4	is	be	AUX
ftr-490	1601	5	uncertain	uncertain	ADJ
ftr-490	1601	6	,	,	PUNCT
ftr-490	1601	7	so	so	ADV
ftr-490	1601	8	is	be	AUX
ftr-490	1601	9	the	the	DET
ftr-490	1601	10	conclusion	conclusion	NOUN
ftr-490	1601	11	that	that	SCONJ
ftr-490	1601	12	cod	cod	NOUN
ftr-490	1601	13	income	income	NOUN
ftr-490	1601	14	arises	arise	VERB
ftr-490	1601	15	on	on	ADP
ftr-490	1601	16	the	the	DET
ftr-490	1601	17	settlement	settlement	NOUN
ftr-490	1601	18	.	.	PUNCT
ftr-490	1602	1	there	there	PRON
ftr-490	1602	2	was	be	VERB
ftr-490	1602	3	no	no	DET
ftr-490	1602	4	uncertainty	uncertainty	NOUN
ftr-490	1602	5	regarding	regard	VERB
ftr-490	1602	6	the	the	DET
ftr-490	1602	7	dollar	dollar	NOUN
ftr-490	1602	8	amount	amount	NOUN
ftr-490	1602	9	of	of	ADP
ftr-490	1602	10	the	the	DET
ftr-490	1602	11	debt	debt	NOUN
ftr-490	1602	12	in	in	ADP
ftr-490	1602	13	zarinonly	zarinonly	ADP
ftr-490	1602	14	its	its	PRON
ftr-490	1602	15	enforceability	enforceability	NOUN
ftr-490	1602	16	was	be	AUX
ftr-490	1602	17	at	at	ADP
ftr-490	1602	18	issue	issue	NOUN
ftr-490	1602	19	.	.	PUNCT
ftr-490	1603	1	the	the	DET
ftr-490	1603	2	unenforceability	unenforceability	NOUN
ftr-490	1603	3	of	of	ADP
ftr-490	1603	4	the	the	DET
ftr-490	1603	5	debt	debt	NOUN
ftr-490	1603	6	was	be	AUX
ftr-490	1603	7	indeed	indeed	ADV
ftr-490	1603	8	a	a	DET
ftr-490	1603	9	"	"	PUNCT
ftr-490	1603	10	red	red	ADJ
ftr-490	1603	11	herring	herring	NOUN
ftr-490	1603	12	.	.	PUNCT
ftr-490	1603	13	"	"	PUNCT
ftr-490	1604	1	as	as	SCONJ
ftr-490	1604	2	termed	term	VERB
ftr-490	1604	3	by	by	ADP
ftr-490	1604	4	ms	ms	PROPN
ftr-490	1604	5	.	.	PROPN
ftr-490	1604	6	sheppard	sheppard	PROPN
ftr-490	1604	7	.	.	PUNCT
ftr-490	1605	1	see	see	VERB
ftr-490	1605	2	lee	lee	PROPN
ftr-490	1605	3	a.	a.	PROPN
ftr-490	1605	4	sheppard	sheppard	PROPN
ftr-490	1605	5	,	,	PUNCT
ftr-490	1605	6	a	a	DET
ftr-490	1605	7	gambling	gambling	NOUN
ftr-490	1605	8	exception	exception	NOUN
ftr-490	1605	9	to	to	ADP
ftr-490	1605	10	cancellation	cancellation	NOUN
ftr-490	1605	11	of	of	ADP
ftr-490	1605	12	indebtedness	indebtedness	NOUN
ftr-490	1605	13	income	income	NOUN
ftr-490	1605	14	?	?	PUNCT
ftr-490	1605	15	.	.	PUNCT
ftr-490	1606	1	news	news	NOUN
ftr-490	1606	2	analysis	analysis	NOUN
ftr-490	1606	3	,	,	PUNCT
ftr-490	1606	4	49	49	NUM
ftr-490	1606	5	tax	tax	NOUN
ftr-490	1606	6	notes	note	NOUN
ftr-490	1606	7	1516	1516	NUM
ftr-490	1606	8	(	(	PUNCT
ftr-490	1606	9	dec	dec	PROPN
ftr-490	1606	10	.	.	PROPN
ftr-490	1606	11	31	31	NUM
ftr-490	1606	12	,	,	PUNCT
ftr-490	1606	13	1990	1990	NUM
ftr-490	1606	14	)	)	PUNCT
ftr-490	1606	15	.	.	PUNCT
ftr-490	1607	1	the	the	DET
ftr-490	1607	2	nonrecourse	nonrecourse	NOUN
ftr-490	1607	3	debt	debt	NOUN
ftr-490	1607	4	in	in	ADP
ftr-490	1607	5	tufts	tuft	NOUN
ftr-490	1607	6	was	be	AUX
ftr-490	1607	7	unenforceable	unenforceable	ADJ
ftr-490	1607	8	to	to	ADP
ftr-490	1607	9	the	the	DET
ftr-490	1607	10	extent	extent	NOUN
ftr-490	1607	11	it	it	PRON
ftr-490	1607	12	exceeded	exceed	VERB
ftr-490	1607	13	the	the	DET
ftr-490	1607	14	value	value	NOUN
ftr-490	1607	15	of	of	ADP
ftr-490	1607	16	the	the	DET
ftr-490	1607	17	property	property	NOUN
ftr-490	1607	18	transferred	transfer	VERB
ftr-490	1607	19	in	in	ADP
ftr-490	1607	20	satisfaction	satisfaction	NOUN
ftr-490	1607	21	of	of	ADP
ftr-490	1607	22	it	it	PRON
ftr-490	1607	23	,	,	PUNCT
ftr-490	1607	24	yet	yet	CCONJ
ftr-490	1607	25	the	the	DET
ftr-490	1607	26	total	total	ADJ
ftr-490	1607	27	amount	amount	NOUN
ftr-490	1607	28	of	of	ADP
ftr-490	1607	29	the	the	DET
ftr-490	1607	30	debt	debt	NOUN
ftr-490	1607	31	,	,	PUNCT
ftr-490	1607	32	including	include	VERB
ftr-490	1607	33	the	the	DET
ftr-490	1607	34	unenforceable	unenforceable	ADJ
ftr-490	1607	35	amount	amount	NOUN
ftr-490	1607	36	,	,	PUNCT
ftr-490	1607	37	produced	produce	VERB
ftr-490	1607	38	an	an	DET
ftr-490	1607	39	accession	accession	NOUN
ftr-490	1607	40	to	to	ADP
ftr-490	1607	41	wealth	wealth	NOUN
ftr-490	1607	42	for	for	ADP
ftr-490	1607	43	tax	tax	NOUN
ftr-490	1607	44	purposes	purpose	NOUN
ftr-490	1607	45	.	.	PUNCT
ftr-490	1608	1	the	the	DET
ftr-490	1608	2	rule	rule	NOUN
ftr-490	1608	3	should	should	AUX
ftr-490	1608	4	be	be	AUX
ftr-490	1608	5	no	no	ADV
ftr-490	1608	6	different	different	ADJ
ftr-490	1608	7	in	in	ADP
ftr-490	1608	8	the	the	DET
ftr-490	1608	9	nontransfer	nontransfer	NOUN
ftr-490	1608	10	context	context	NOUN
ftr-490	1608	11	.	.	PUNCT
ftr-490	1609	1	debt	debt	NOUN
ftr-490	1609	2	discharge	discharge	NOUN
ftr-490	1609	3	analysis	analysis	NOUN
ftr-490	1609	4	should	should	AUX
ftr-490	1609	5	not	not	PART
ftr-490	1609	6	turn	turn	VERB
ftr-490	1609	7	on	on	ADP
ftr-490	1609	8	such	such	ADJ
ftr-490	1609	9	nonissues	nonissue	NOUN
ftr-490	1609	10	as	as	ADP
ftr-490	1609	11	liquidity	liquidity	NOUN
ftr-490	1609	12	or	or	CCONJ
ftr-490	1609	13	enforceability	enforceability	NOUN
ftr-490	1609	14	.	.	PUNCT
ftr-490	1610	1	the	the	DET
ftr-490	1610	2	unenforceability	unenforceability	NOUN
ftr-490	1610	3	of	of	ADP
ftr-490	1610	4	a	a	DET
ftr-490	1610	5	debt	debt	NOUN
ftr-490	1610	6	,	,	PUNCT
ftr-490	1610	7	i.e.	i.e.	X
ftr-490	1610	8	,	,	PUNCT
ftr-490	1610	9	the	the	DET
ftr-490	1610	10	inability	inability	NOUN
ftr-490	1610	11	of	of	ADP
ftr-490	1610	12	the	the	DET
ftr-490	1610	13	creditor	creditor	NOUN
ftr-490	1610	14	to	to	PART
ftr-490	1610	15	force	force	VERB
ftr-490	1610	16	repayment	repayment	NOUN
ftr-490	1610	17	in	in	ADP
ftr-490	1610	18	full	full	ADJ
ftr-490	1610	19	,	,	PUNCT
ftr-490	1610	20	simply	simply	ADV
ftr-490	1610	21	creates	create	VERB
ftr-490	1610	22	the	the	DET
ftr-490	1610	23	cod	cod	NOUN
ftr-490	1610	24	income	income	NOUN
ftr-490	1610	25	in	in	ADP
ftr-490	1610	26	the	the	DET
ftr-490	1610	27	first	first	ADJ
ftr-490	1610	28	place	place	NOUN
ftr-490	1610	29	.	.	PUNCT
ftr-490	1611	1	see	see	VERB
ftr-490	1611	2	supra	supra	PROPN
ftr-490	1611	3	notes	note	VERB
ftr-490	1611	4	114	114	NUM
ftr-490	1611	5	-	-	SYM
ftr-490	1611	6	15	15	NUM
ftr-490	1611	7	and	and	CCONJ
ftr-490	1611	8	accompanying	accompany	VERB
ftr-490	1611	9	text	text	NOUN
ftr-490	1611	10	(	(	PUNCT
ftr-490	1611	11	describing	describe	VERB
ftr-490	1611	12	tax	tax	NOUN
ftr-490	1611	13	court	court	NOUN
ftr-490	1611	14	's	's	PART
ftr-490	1611	15	hesitancy	hesitancy	NOUN
ftr-490	1611	16	to	to	PART
ftr-490	1611	17	decide	decide	VERB
ftr-490	1611	18	the	the	DET
ftr-490	1611	19	schlifke	schlifke	ADJ
ftr-490	1611	20	case	case	NOUN
ftr-490	1611	21	under	under	ADP
ftr-490	1611	22	cod	cod	NOUN
ftr-490	1611	23	-	-	PUNCT
ftr-490	1611	24	income	income	NOUN
ftr-490	1611	25	theory	theory	NOUN
ftr-490	1611	26	because	because	SCONJ
ftr-490	1611	27	of	of	ADP
ftr-490	1611	28	such	such	ADJ
ftr-490	1611	29	nonissues	nonissue	NOUN
ftr-490	1611	30	)	)	PUNCT
ftr-490	1611	31	;	;	PUNCT
ftr-490	1611	32	supra	supra	PROPN
ftr-490	1611	33	note	note	NOUN
ftr-490	1611	34	161	161	NUM
ftr-490	1611	35	and	and	CCONJ
ftr-490	1611	36	accompanying	accompany	VERB
ftr-490	1611	37	text	text	NOUN
ftr-490	1611	38	(	(	PUNCT
ftr-490	1611	39	discussing	discuss	VERB
ftr-490	1611	40	how	how	SCONJ
ftr-490	1611	41	terminology	terminology	NOUN
ftr-490	1611	42	used	use	VERB
ftr-490	1611	43	in	in	ADP
ftr-490	1611	44	section	section	NOUN
ftr-490	1611	45	61(a)(12	61(a)(12	NUM
ftr-490	1611	46	)	)	PUNCT
ftr-490	1611	47	leads	lead	VERB
ftr-490	1611	48	to	to	ADP
ftr-490	1611	49	consideration	consideration	NOUN
ftr-490	1611	50	of	of	ADP
ftr-490	1611	51	such	such	ADJ
ftr-490	1611	52	nonissues	nonissue	NOUN
ftr-490	1611	53	)	)	PUNCT
ftr-490	1611	54	;	;	PUNCT
ftr-490	1611	55	and	and	CCONJ
ftr-490	1611	56	supra	supra	PROPN
ftr-490	1611	57	note	note	NOUN
ftr-490	1611	58	167	167	NUM
ftr-490	1611	59	(	(	PUNCT
ftr-490	1611	60	discussing	discuss	VERB
ftr-490	1611	61	the	the	DET
ftr-490	1611	62	irrelevancy	irrelevancy	NOUN
ftr-490	1611	63	of	of	ADP
ftr-490	1611	64	the	the	DET
ftr-490	1611	65	voluntariness	voluntariness	NOUN
ftr-490	1611	66	or	or	CCONJ
ftr-490	1611	67	involuntariness	involuntariness	NOUN
ftr-490	1611	68	with	with	ADP
ftr-490	1611	69	which	which	PRON
ftr-490	1611	70	the	the	DET
ftr-490	1611	71	creditor	creditor	NOUN
ftr-490	1611	72	foregoes	forego	VERB
ftr-490	1611	73	collection	collection	NOUN
ftr-490	1611	74	of	of	ADP
ftr-490	1611	75	the	the	DET
ftr-490	1611	76	debt	debt	NOUN
ftr-490	1611	77	in	in	ADP
ftr-490	1611	78	analyzing	analyze	VERB
ftr-490	1611	79	whether	whether	SCONJ
ftr-490	1611	80	debtor	debtor	NOUN
ftr-490	1611	81	realizes	realize	VERB
ftr-490	1611	82	cod	cod	NOUN
ftr-490	1611	83	income	income	NOUN
ftr-490	1611	84	on	on	ADP
ftr-490	1611	85	failure	failure	NOUN
ftr-490	1611	86	to	to	PART
ftr-490	1611	87	repay	repay	VERB
ftr-490	1611	88	debt	debt	NOUN
ftr-490	1611	89	in	in	ADP
ftr-490	1611	90	full	full	ADJ
ftr-490	1611	91	)	)	PUNCT
ftr-490	1611	92	.	.	PUNCT
ftr-490	1612	1	debt	debt	NOUN
ftr-490	1612	2	discharge	discharge	NOUN
ftr-490	1612	3	analysis	analysis	NOUN
ftr-490	1612	4	should	should	AUX
ftr-490	1612	5	focus	focus	VERB
ftr-490	1612	6	on	on	ADP
ftr-490	1612	7	the	the	DET
ftr-490	1612	8	amount	amount	NOUN
ftr-490	1612	9	previously	previously	ADV
ftr-490	1612	10	received	receive	VERB
ftr-490	1612	11	free	free	ADJ
ftr-490	1612	12	of	of	ADP
ftr-490	1612	13	tax	tax	NOUN
ftr-490	1612	14	by	by	ADP
ftr-490	1612	15	the	the	DET
ftr-490	1612	16	taxpayer	taxpayer	NOUN
ftr-490	1612	17	on	on	ADP
ftr-490	1612	18	the	the	DET
ftr-490	1612	19	assumption	assumption	NOUN
ftr-490	1612	20	that	that	SCONJ
ftr-490	1612	21	the	the	DET
ftr-490	1612	22	amount	amount	NOUN
ftr-490	1612	23	would	would	AUX
ftr-490	1612	24	be	be	AUX
ftr-490	1612	25	repaid	repay	VERB
ftr-490	1612	26	with	with	ADP
ftr-490	1612	27	after	after	ADP
ftr-490	1612	28	-	-	PUNCT
ftr-490	1612	29	tax	tax	NOUN
ftr-490	1612	30	dollars	dollar	NOUN
ftr-490	1612	31	.	.	PUNCT
ftr-490	1613	1	whether	whether	SCONJ
ftr-490	1613	2	someone	someone	PRON
ftr-490	1613	3	has	have	AUX
ftr-490	1613	4	the	the	DET
ftr-490	1613	5	right	right	NOUN
ftr-490	1613	6	to	to	PART
ftr-490	1613	7	enforce	enforce	VERB
ftr-490	1613	8	repayment	repayment	NOUN
ftr-490	1613	9	does	do	AUX
ftr-490	1613	10	not	not	PART
ftr-490	1613	11	change	change	VERB
ftr-490	1613	12	the	the	DET
ftr-490	1613	13	character	character	NOUN
ftr-490	1613	14	of	of	ADP
ftr-490	1613	15	the	the	DET
ftr-490	1613	16	accession	accession	NOUN
ftr-490	1613	17	to	to	ADP
ftr-490	1613	18	wealth	wealth	NOUN
ftr-490	1613	19	that	that	PRON
ftr-490	1613	20	occurs	occur	VERB
ftr-490	1613	21	on	on	ADP
ftr-490	1613	22	failure	failure	NOUN
ftr-490	1613	23	to	to	PART
ftr-490	1613	24	repay	repay	VERB
ftr-490	1613	25	.	.	PUNCT
ftr-490	1614	1	enforceability	enforceability	NOUN
ftr-490	1614	2	simply	simply	ADV
ftr-490	1614	3	is	be	AUX
ftr-490	1614	4	not	not	PART
ftr-490	1614	5	relevant	relevant	ADJ
ftr-490	1614	6	when	when	SCONJ
ftr-490	1614	7	the	the	DET
ftr-490	1614	8	matter	matter	NOUN
ftr-490	1614	9	is	be	AUX
ftr-490	1614	10	viewed	view	VERB
ftr-490	1614	11	from	from	ADP
ftr-490	1614	12	the	the	DET
ftr-490	1614	13	taxpayer	taxpayer	NOUN
ftr-490	1614	14	-	-	PUNCT
ftr-490	1614	15	debtor	debtor	NOUN
ftr-490	1614	16	's	's	PART
ftr-490	1614	17	perspective	perspective	NOUN
ftr-490	1614	18	,	,	PUNCT
ftr-490	1614	19	as	as	SCONJ
ftr-490	1614	20	it	it	PRON
ftr-490	1614	21	must	must	AUX
ftr-490	1614	22	be	be	AUX
ftr-490	1614	23	.	.	PUNCT
ftr-490	1615	1	the	the	DET
ftr-490	1615	2	fact	fact	NOUN
ftr-490	1615	3	that	that	SCONJ
ftr-490	1615	4	the	the	DET
ftr-490	1615	5	loan	loan	NOUN
ftr-490	1615	6	proceeds	proceed	NOUN
ftr-490	1615	7	were	be	AUX
ftr-490	1615	8	lost	lose	VERB
ftr-490	1615	9	gambling	gambling	NOUN
ftr-490	1615	10	is	be	AUX
ftr-490	1615	11	also	also	ADV
ftr-490	1615	12	a	a	DET
ftr-490	1615	13	nonissue	nonissue	NOUN
ftr-490	1615	14	,	,	PUNCT
ftr-490	1615	15	notwithstanding	notwithstanding	ADP
ftr-490	1615	16	judge	judge	NOUN
ftr-490	1615	17	tannenwald	tannenwald	PROPN
ftr-490	1615	18	's	's	PART
ftr-490	1615	19	concern	concern	NOUN
ftr-490	1615	20	that	that	SCONJ
ftr-490	1615	21	the	the	DET
ftr-490	1615	22	more	more	ADV
ftr-490	1615	23	one	one	NOUN
ftr-490	1615	24	gambled	gamble	VERB
ftr-490	1615	25	and	and	CCONJ
ftr-490	1615	26	lost	lose	VERB
ftr-490	1615	27	on	on	ADP
ftr-490	1615	28	credit	credit	NOUN
ftr-490	1615	29	,	,	PUNCT
ftr-490	1615	30	the	the	DET
ftr-490	1615	31	more	more	ADJ
ftr-490	1615	32	income	income	NOUN
ftr-490	1615	33	with	with	ADP
ftr-490	1615	34	which	which	PRON
ftr-490	1615	35	one	one	PRON
ftr-490	1615	36	would	would	AUX
ftr-490	1615	37	be	be	AUX
ftr-490	1615	38	charged	charge	VERB
ftr-490	1615	39	if	if	SCONJ
ftr-490	1615	40	the	the	DET
ftr-490	1615	41	loan	loan	NOUN
ftr-490	1615	42	is	be	AUX
ftr-490	1615	43	eventually	eventually	ADV
ftr-490	1615	44	discharged	discharge	VERB
ftr-490	1615	45	rather	rather	ADV
ftr-490	1615	46	than	than	ADP
ftr-490	1615	47	paid	pay	VERB
ftr-490	1615	48	.	.	PUNCT
ftr-490	1616	1	if	if	SCONJ
ftr-490	1616	2	loan	loan	NOUN
ftr-490	1616	3	proceeds	proceed	NOUN
ftr-490	1616	4	are	be	AUX
ftr-490	1616	5	lost	lose	VERB
ftr-490	1616	6	in	in	ADP
ftr-490	1616	7	a	a	DET
ftr-490	1616	8	business	business	NOUN
ftr-490	1616	9	or	or	CCONJ
ftr-490	1616	10	investment	investment	NOUN
ftr-490	1616	11	activity	activity	NOUN
ftr-490	1616	12	,	,	PUNCT
ftr-490	1616	13	the	the	DET
ftr-490	1616	14	losses	loss	NOUN
ftr-490	1616	15	are	be	AUX
ftr-490	1616	16	deductible	deductible	ADJ
ftr-490	1616	17	.	.	PUNCT
ftr-490	1617	1	if	if	SCONJ
ftr-490	1617	2	loan	loan	NOUN
ftr-490	1617	3	proceeds	proceed	NOUN
ftr-490	1617	4	are	be	AUX
ftr-490	1617	5	lost	lose	VERB
ftr-490	1617	6	in	in	ADP
ftr-490	1617	7	personal	personal	ADJ
ftr-490	1617	8	consumption	consumption	NOUN
ftr-490	1617	9	,	,	PUNCT
ftr-490	1617	10	they	they	PRON
ftr-490	1617	11	are	be	AUX
ftr-490	1617	12	not	not	PART
ftr-490	1617	13	,	,	PUNCT
ftr-490	1617	14	and	and	CCONJ
ftr-490	1617	15	are	be	AUX
ftr-490	1617	16	not	not	PART
ftr-490	1617	17	intended	intend	VERB
ftr-490	1617	18	to	to	PART
ftr-490	1617	19	be	be	AUX
ftr-490	1617	20	.	.	PUNCT
ftr-490	1618	1	the	the	DET
ftr-490	1618	2	more	more	ADJ
ftr-490	1618	3	money	money	NOUN
ftr-490	1618	4	spent	spend	VERB
ftr-490	1618	5	on	on	ADP
ftr-490	1618	6	personal	personal	ADJ
ftr-490	1618	7	consumption	consumption	NOUN
ftr-490	1618	8	and	and	CCONJ
ftr-490	1618	9	saving	saving	NOUN
ftr-490	1618	10	,	,	PUNCT
ftr-490	1618	11	the	the	PRON
ftr-490	1618	12	higher	high	ADJ
ftr-490	1618	13	the	the	DET
ftr-490	1618	14	tax	tax	NOUN
ftr-490	1618	15	bill	bill	NOUN
ftr-490	1618	16	.	.	PUNCT
ftr-490	1619	1	failure	failure	NOUN
ftr-490	1619	2	to	to	PART
ftr-490	1619	3	charge	charge	VERB
ftr-490	1619	4	a	a	DET
ftr-490	1619	5	taxpayer	taxpayer	NOUN
ftr-490	1619	6	with	with	ADP
ftr-490	1619	7	income	income	NOUN
ftr-490	1619	8	on	on	ADP
ftr-490	1619	9	the	the	DET
ftr-490	1619	10	discharge	discharge	NOUN
ftr-490	1619	11	of	of	ADP
ftr-490	1619	12	debt	debt	NOUN
ftr-490	1619	13	used	use	VERB
ftr-490	1619	14	in	in	ADP
ftr-490	1619	15	personal	personal	ADJ
ftr-490	1619	16	consumption	consumption	NOUN
ftr-490	1619	17	allows	allow	VERB
ftr-490	1619	18	a	a	DET
ftr-490	1619	19	backdoor	backdoor	NOUN
ftr-490	1619	20	deduction	deduction	NOUN
ftr-490	1619	21	for	for	ADP
ftr-490	1619	22	personal	personal	ADJ
ftr-490	1619	23	consumption	consumption	NOUN
ftr-490	1619	24	.	.	PUNCT
ftr-490	1620	1	see	see	VERB
ftr-490	1620	2	supra	supra	PROPN
ftr-490	1620	3	notes	note	VERB
ftr-490	1620	4	193	193	NUM
ftr-490	1620	5	-	-	SYM
ftr-490	1620	6	97	97	NUM
ftr-490	1620	7	and	and	CCONJ
ftr-490	1620	8	accompanying	accompany	VERB
ftr-490	1620	9	text	text	NOUN
ftr-490	1620	10	(	(	PUNCT
ftr-490	1620	11	discussing	discuss	VERB
ftr-490	1620	12	the	the	DET
ftr-490	1620	13	personal	personal	ADJ
ftr-490	1620	14	consumption	consumption	NOUN
ftr-490	1620	15	losses	loss	NOUN
ftr-490	1620	16	of	of	ADP
ftr-490	1620	17	big	big	ADJ
ftr-490	1620	18	bucks	buck	NOUN
ftr-490	1620	19	and	and	CCONJ
ftr-490	1620	20	little	little	ADJ
ftr-490	1620	21	bucks	buck	NOUN
ftr-490	1620	22	)	)	PUNCT
ftr-490	1620	23	.	.	PUNCT
ftr-490	1621	1	while	while	SCONJ
ftr-490	1621	2	gambling	gambling	NOUN
ftr-490	1621	3	can	can	AUX
ftr-490	1621	4	constitute	constitute	VERB
ftr-490	1621	5	a	a	DET
ftr-490	1621	6	"	"	PUNCT
ftr-490	1621	7	trade	trade	NOUN
ftr-490	1621	8	or	or	CCONJ
ftr-490	1621	9	business	business	NOUN
ftr-490	1621	10	"	"	PUNCT
ftr-490	1621	11	on	on	ADP
ftr-490	1621	12	the	the	DET
ftr-490	1621	13	right	right	ADJ
ftr-490	1621	14	facts	fact	NOUN
ftr-490	1621	15	(	(	PUNCT
ftr-490	1621	16	see	see	VERB
ftr-490	1621	17	groetzinger	groetzinger	NOUN
ftr-490	1621	18	v.	v.	PROPN
ftr-490	1621	19	commissioner	commissioner	NOUN
ftr-490	1621	20	,	,	PUNCT
ftr-490	1621	21	771	771	NUM
ftr-490	1621	22	f.2d	f.2d	SYM
ftr-490	1621	23	269	269	NUM
ftr-490	1621	24	(	(	PUNCT
ftr-490	1621	25	7th	7th	ADJ
ftr-490	1621	26	cir	cir	NOUN
ftr-490	1621	27	.	.	PUNCT
ftr-490	1621	28	1985	1985	NUM
ftr-490	1621	29	)	)	PUNCT
ftr-490	1621	30	,	,	PUNCT
ftr-490	1621	31	aff'd	aff'd	NOUN
ftr-490	1621	32	,	,	PUNCT
ftr-490	1621	33	480	480	NUM
ftr-490	1621	34	u.s	u.s	PROPN
ftr-490	1621	35	.	.	PROPN
ftr-490	1621	36	23	23	NUM
ftr-490	1621	37	(	(	PUNCT
ftr-490	1621	38	1987	1987	NUM
ftr-490	1621	39	)	)	PUNCT
ftr-490	1621	40	)	)	PUNCT
ftr-490	1621	41	,	,	PUNCT
ftr-490	1621	42	resulting	result	VERB
ftr-490	1621	43	in	in	ADP
ftr-490	1621	44	above	above	ADP
ftr-490	1621	45	-	-	PUNCT
ftr-490	1621	46	the	the	DET
ftr-490	1621	47	-	-	PUNCT
ftr-490	1621	48	line	line	NOUN
ftr-490	1621	49	deduction	deduction	NOUN
ftr-490	1621	50	of	of	ADP
ftr-490	1621	51	professional	professional	ADJ
ftr-490	1621	52	gambling	gambling	NOUN
ftr-490	1621	53	expenses	expense	NOUN
ftr-490	1621	54	under	under	ADP
ftr-490	1621	55	section	section	NOUN
ftr-490	1621	56	62(a)(1	62(a)(1	NUM
ftr-490	1621	57	)	)	PUNCT
ftr-490	1621	58	.	.	PUNCT
ftr-490	1622	1	net	net	ADJ
ftr-490	1622	2	gambling	gambling	NOUN
ftr-490	1622	3	losses	loss	NOUN
ftr-490	1622	4	(	(	PUNCT
ftr-490	1622	5	the	the	DET
ftr-490	1622	6	excess	excess	NOUN
ftr-490	1622	7	of	of	ADP
ftr-490	1622	8	gross	gross	ADJ
ftr-490	1622	9	losses	loss	NOUN
ftr-490	1622	10	over	over	ADP
ftr-490	1622	11	gambling	gambling	NOUN
ftr-490	1622	12	receipts	receipt	NOUN
ftr-490	1622	13	)	)	PUNCT
ftr-490	1622	14	are	be	AUX
ftr-490	1622	15	rendered	render	VERB
ftr-490	1622	16	nondeductible	nondeductible	ADJ
ftr-490	1622	17	personal	personal	ADJ
ftr-490	1622	18	consumption	consumption	NOUN
ftr-490	1622	19	by	by	ADP
ftr-490	1622	20	statutory	statutory	ADJ
ftr-490	1622	21	fiat	fiat	NOUN
ftr-490	1622	22	.	.	PUNCT
ftr-490	1623	1	see	see	VERB
ftr-490	1623	2	irc	irc	PROPN
ftr-490	1623	3	§	§	PROPN
ftr-490	1623	4	165(d	165(d	PROPN
ftr-490	1623	5	)	)	PUNCT
ftr-490	1623	6	.	.	PUNCT
ftr-490	1624	1	if	if	SCONJ
ftr-490	1624	2	zarin	zarin	PROPN
ftr-490	1624	3	had	have	AUX
ftr-490	1624	4	borrowed	borrow	VERB
ftr-490	1624	5	the	the	DET
ftr-490	1624	6	$	$	SYM
ftr-490	1624	7	3,400,000	3,400,000	NUM
ftr-490	1624	8	in	in	ADP
ftr-490	1624	9	cash	cash	NOUN
ftr-490	1624	10	from	from	ADP
ftr-490	1624	11	a	a	DET
ftr-490	1624	12	third	third	ADJ
ftr-490	1624	13	-	-	PUNCT
ftr-490	1624	14	party	party	NOUN
ftr-490	1624	15	creditor	creditor	NOUN
ftr-490	1624	16	(	(	PUNCT
ftr-490	1624	17	instead	instead	ADV
ftr-490	1624	18	of	of	ADP
ftr-490	1624	19	from	from	ADP
ftr-490	1624	20	the	the	DET
ftr-490	1624	21	casino	casino	NOUN
ftr-490	1624	22	itself	itself	PRON
ftr-490	1624	23	)	)	PUNCT
ftr-490	1624	24	and	and	CCONJ
ftr-490	1624	25	then	then	ADV
ftr-490	1624	26	lost	lose	VERB
ftr-490	1624	27	it	it	PRON
ftr-490	1624	28	gambling	gambling	NOUN
ftr-490	1624	29	,	,	PUNCT
ftr-490	1624	30	there	there	PRON
ftr-490	1624	31	should	should	AUX
ftr-490	1624	32	be	be	AUX
ftr-490	1624	33	no	no	DET
ftr-490	1624	34	doubt	doubt	NOUN
ftr-490	1624	35	that	that	SCONJ
ftr-490	1624	36	zarin	zarin	PROPN
ftr-490	1624	37	would	would	AUX
ftr-490	1624	38	have	have	AUX
ftr-490	1624	39	realized	realize	VERB
ftr-490	1624	40	$	$	SYM
ftr-490	1624	41	2,900,000	2,900,000	NUM
ftr-490	1624	42	in	in	ADP
ftr-490	1624	43	cod	cod	NOUN
ftr-490	1624	44	income	income	NOUN
ftr-490	1624	45	upon	upon	SCONJ
ftr-490	1624	46	settlement	settlement	NOUN
ftr-490	1624	47	of	of	ADP
ftr-490	1624	48	the	the	DET
ftr-490	1624	49	debt	debt	NOUN
ftr-490	1624	50	with	with	ADP
ftr-490	1624	51	the	the	DET
ftr-490	1624	52	third	third	ADJ
ftr-490	1624	53	-	-	PUNCT
ftr-490	1624	54	party	party	NOUN
ftr-490	1624	55	creditor	creditor	NOUN
ftr-490	1624	56	for	for	ADP
ftr-490	1624	57	$	$	SYM
ftr-490	1624	58	500,000	500,000	NUM
ftr-490	1624	59	.	.	PUNCT
ftr-490	1625	1	the	the	DET
ftr-490	1625	2	previous	previous	ADJ
ftr-490	1625	3	s3,400,000	s3,400,000	PROPN
ftr-490	1625	4	in	in	ADP
ftr-490	1625	5	cash	cash	NOUN
ftr-490	1625	6	was	be	AUX
ftr-490	1625	7	received	receive	VERB
ftr-490	1625	8	free	free	ADJ
ftr-490	1625	9	of	of	ADP
ftr-490	1625	10	tax	tax	NOUN
ftr-490	1625	11	on	on	ADP
ftr-490	1625	12	the	the	DET
ftr-490	1625	13	assumption	assumption	NOUN
ftr-490	1625	14	that	that	SCONJ
ftr-490	1625	15	it	it	PRON
ftr-490	1625	16	would	would	AUX
ftr-490	1625	17	be	be	AUX
ftr-490	1625	18	repaid	repay	VERB
ftr-490	1625	19	with	with	ADP
ftr-490	1625	20	after	after	ADP
ftr-490	1625	21	-	-	PUNCT
ftr-490	1625	22	tax	tax	NOUN
ftr-490	1625	23	dollars	dollar	NOUN
ftr-490	1625	24	.	.	PUNCT
ftr-490	1626	1	when	when	SCONJ
ftr-490	1626	2	that	that	DET
ftr-490	1626	3	assumption	assumption	NOUN
ftr-490	1626	4	proves	prove	VERB
ftr-490	1626	5	unwarranted	unwarranted	ADJ
ftr-490	1626	6	by	by	ADP
ftr-490	1626	7	$	$	SYM
ftr-490	1626	8	2,900,000	2,900,000	NUM
ftr-490	1626	9	,	,	PUNCT
ftr-490	1626	10	the	the	DET
ftr-490	1626	11	debtor	debtor	NOUN
ftr-490	1626	12	's	's	PART
ftr-490	1626	13	accession	accession	NOUN
ftr-490	1626	14	to	to	ADP
ftr-490	1626	15	wealth	wealth	NOUN
ftr-490	1626	16	is	be	AUX
ftr-490	1626	17	apparent	apparent	ADJ
ftr-490	1626	18	.	.	PUNCT
ftr-490	1627	1	while	while	SCONJ
ftr-490	1627	2	it	it	PRON
ftr-490	1627	3	is	be	AUX
ftr-490	1627	4	true	true	ADJ
ftr-490	1627	5	that	that	SCONJ
ftr-490	1627	6	consumption	consumption	NOUN
ftr-490	1627	7	and	and	CCONJ
ftr-490	1627	8	savings	saving	NOUN
ftr-490	1627	9	define	define	VERB
ftr-490	1627	10	the	the	DET
ftr-490	1627	11	tax	tax	NOUN
ftr-490	1627	12	base	base	NOUN
ftr-490	1627	13	and	and	CCONJ
ftr-490	1627	14	that	that	DET
ftr-490	1627	15	-[clash	-[clash	NOUN
ftr-490	1627	16	is	be	AUX
ftr-490	1627	17	a	a	DET
ftr-490	1627	18	plausible	plausible	ADJ
ftr-490	1627	19	initial	initial	ADJ
ftr-490	1627	20	proxy	proxy	NOUN
ftr-490	1627	21	for	for	ADP
ftr-490	1627	22	income	income	NOUN
ftr-490	1627	23	solely	solely	ADV
ftr-490	1627	24	because	because	SCONJ
ftr-490	1627	25	of	of	ADP
ftr-490	1627	26	its	its	PRON
ftr-490	1627	27	uses	use	NOUN
ftr-490	1627	28	,	,	PUNCT
ftr-490	1627	29	consumption	consumption	NOUN
ftr-490	1627	30	and	and	CCONJ
ftr-490	1627	31	saving	saving	NOUN
ftr-490	1627	32	,	,	PUNCT
ftr-490	1627	33	and	and	CCONJ
ftr-490	1627	34	not	not	PART
ftr-490	1627	35	because	because	SCONJ
ftr-490	1627	36	it	it	PRON
ftr-490	1627	37	has	have	VERB
ftr-490	1627	38	any	any	DET
ftr-490	1627	39	innate	innate	NOUN
ftr-490	1627	40	,	,	PUNCT
ftr-490	1627	41	1992	1992	NUM
ftr-490	1627	42	]	]	PUNCT
ftr-490	1628	1	florida	florida	PROPN
ftr-490	1628	2	tax	tax	PROPN
ftr-490	1628	3	review	review	NOUN
ftr-490	1628	4	wald	wald	PROPN
ftr-490	1628	5	's	's	PART
ftr-490	1628	6	zarin	zarin	PROPN
ftr-490	1628	7	opinion	opinion	NOUN
ftr-490	1628	8	and	and	CCONJ
ftr-490	1628	9	the	the	DET
ftr-490	1628	10	noncommittal	noncommittal	ADJ
ftr-490	1628	11	stance	stance	NOUN
ftr-490	1628	12	taken	take	VERB
ftr-490	1628	13	by	by	ADP
ftr-490	1628	14	the	the	DET
ftr-490	1628	15	third	third	ADJ
ftr-490	1628	16	circuit	circuit	NOUN
ftr-490	1628	17	,	,	PUNCT
ftr-490	1628	18	should	should	AUX
ftr-490	1628	19	be	be	AUX
ftr-490	1628	20	considered	consider	VERB
ftr-490	1628	21	dead	dead	ADJ
ftr-490	1628	22	.	.	PUNCT
ftr-490	1629	1	it	it	PRON
ftr-490	1629	2	was	be	AUX
ftr-490	1629	3	bad	bad	ADJ
ftr-490	1629	4	law	law	NOUN
ftr-490	1629	5	when	when	SCONJ
ftr-490	1629	6	decided	decide	VERB
ftr-490	1629	7	,	,	PUNCT
ftr-490	1629	8	and	and	CCONJ
ftr-490	1629	9	its	its	PRON
ftr-490	1629	10	conceptual	conceptual	ADJ
ftr-490	1629	11	uniquely	uniquely	ADV
ftr-490	1629	12	income	income	NOUN
ftr-490	1629	13	-	-	PUNCT
ftr-490	1629	14	like	like	ADJ
ftr-490	1629	15	quality	quality	NOUN
ftr-490	1629	16	"	"	PUNCT
ftr-490	1629	17	(	(	PUNCT
ftr-490	1629	18	shaviro	shaviro	NOUN
ftr-490	1629	19	,	,	PUNCT
ftr-490	1629	20	supra	supra	NOUN
ftr-490	1629	21	,	,	PUNCT
ftr-490	1629	22	at	at	ADP
ftr-490	1629	23	223	223	NUM
ftr-490	1629	24	)	)	PUNCT
ftr-490	1629	25	,	,	PUNCT
ftr-490	1629	26	cash	cash	NOUN
ftr-490	1629	27	received	receive	VERB
ftr-490	1629	28	in	in	ADP
ftr-490	1629	29	kind	kind	NOUN
ftr-490	1629	30	from	from	ADP
ftr-490	1629	31	a	a	DET
ftr-490	1629	32	third	third	ADJ
ftr-490	1629	33	party	party	NOUN
ftr-490	1629	34	and	and	CCONJ
ftr-490	1629	35	used	use	VERB
ftr-490	1629	36	directly	directly	ADV
ftr-490	1629	37	in	in	ADP
ftr-490	1629	38	consumption	consumption	NOUN
ftr-490	1629	39	should	should	AUX
ftr-490	1629	40	be	be	AUX
ftr-490	1629	41	includable	includable	ADJ
ftr-490	1629	42	in	in	ADP
ftr-490	1629	43	full	full	ADJ
ftr-490	1629	44	.	.	PUNCT
ftr-490	1630	1	it	it	PRON
ftr-490	1630	2	is	be	AUX
ftr-490	1630	3	difficult	difficult	ADJ
ftr-490	1630	4	to	to	PART
ftr-490	1630	5	value	value	VERB
ftr-490	1630	6	the	the	DET
ftr-490	1630	7	consumption	consumption	NOUN
ftr-490	1630	8	as	as	ADP
ftr-490	1630	9	anything	anything	PRON
ftr-490	1630	10	less	less	ADJ
ftr-490	1630	11	than	than	ADP
ftr-490	1630	12	the	the	DET
ftr-490	1630	13	face	face	NOUN
ftr-490	1630	14	amount	amount	NOUN
ftr-490	1630	15	of	of	ADP
ftr-490	1630	16	the	the	DET
ftr-490	1630	17	cash	cash	NOUN
ftr-490	1630	18	actually	actually	ADV
ftr-490	1630	19	used	use	VERB
ftr-490	1630	20	for	for	ADP
ftr-490	1630	21	consumption	consumption	NOUN
ftr-490	1630	22	in	in	ADP
ftr-490	1630	23	that	that	DET
ftr-490	1630	24	case	case	NOUN
ftr-490	1630	25	.	.	PUNCT
ftr-490	1631	1	the	the	DET
ftr-490	1631	2	crux	crux	NOUN
ftr-490	1631	3	of	of	ADP
ftr-490	1631	4	the	the	DET
ftr-490	1631	5	zarin	zarin	PROPN
ftr-490	1631	6	case	case	NOUN
ftr-490	1631	7	,	,	PUNCT
ftr-490	1631	8	then	then	ADV
ftr-490	1631	9	,	,	PUNCT
ftr-490	1631	10	fell	fall	VERB
ftr-490	1631	11	on	on	ADP
ftr-490	1631	12	the	the	DET
ftr-490	1631	13	happenstance	happenstance	NOUN
ftr-490	1631	14	that	that	PRON
ftr-490	1631	15	the	the	DET
ftr-490	1631	16	creditor	creditor	NOUN
ftr-490	1631	17	wore	wear	VERB
ftr-490	1631	18	two	two	NUM
ftr-490	1631	19	hats	hat	NOUN
ftr-490	1631	20	:	:	PUNCT
ftr-490	1631	21	lender	lender	NOUN
ftr-490	1631	22	as	as	ADV
ftr-490	1631	23	well	well	ADV
ftr-490	1631	24	as	as	ADP
ftr-490	1631	25	vendor	vendor	NOUN
ftr-490	1631	26	of	of	ADP
ftr-490	1631	27	the	the	DET
ftr-490	1631	28	services	service	NOUN
ftr-490	1631	29	purchased	purchase	VERB
ftr-490	1631	30	with	with	ADP
ftr-490	1631	31	the	the	DET
ftr-490	1631	32	credit	credit	NOUN
ftr-490	1631	33	.	.	PUNCT
ftr-490	1632	1	zarin	zarin	PROPN
ftr-490	1632	2	's	's	PART
ftr-490	1632	3	debt	debt	NOUN
ftr-490	1632	4	was	be	AUX
ftr-490	1632	5	,	,	PUNCT
ftr-490	1632	6	in	in	ADP
ftr-490	1632	7	a	a	DET
ftr-490	1632	8	broad	broad	ADJ
ftr-490	1632	9	sense	sense	NOUN
ftr-490	1632	10	,	,	PUNCT
ftr-490	1632	11	a	a	DET
ftr-490	1632	12	purchase	purchase	NOUN
ftr-490	1632	13	-	-	PUNCT
ftr-490	1632	14	money	money	NOUN
ftr-490	1632	15	mortgage	mortgage	NOUN
ftr-490	1632	16	but	but	CCONJ
ftr-490	1632	17	,	,	PUNCT
ftr-490	1632	18	instead	instead	ADV
ftr-490	1632	19	of	of	ADP
ftr-490	1632	20	purchasing	purchase	VERB
ftr-490	1632	21	property	property	NOUN
ftr-490	1632	22	as	as	ADP
ftr-490	1632	23	in	in	ADP
ftr-490	1632	24	the	the	DET
ftr-490	1632	25	more	more	ADV
ftr-490	1632	26	typical	typical	ADJ
ftr-490	1632	27	conception	conception	NOUN
ftr-490	1632	28	of	of	ADP
ftr-490	1632	29	that	that	DET
ftr-490	1632	30	term	term	NOUN
ftr-490	1632	31	,	,	PUNCT
ftr-490	1632	32	he	he	PRON
ftr-490	1632	33	purchased	purchase	VERB
ftr-490	1632	34	services	service	NOUN
ftr-490	1632	35	.	.	PUNCT
ftr-490	1633	1	(	(	PUNCT
ftr-490	1633	2	one	one	NUM
ftr-490	1633	3	of	of	ADP
ftr-490	1633	4	the	the	DET
ftr-490	1633	5	other	other	ADJ
ftr-490	1633	6	nonissues	nonissue	NOUN
ftr-490	1633	7	in	in	ADP
ftr-490	1633	8	the	the	DET
ftr-490	1633	9	case	case	NOUN
ftr-490	1633	10	was	be	AUX
ftr-490	1633	11	whether	whether	SCONJ
ftr-490	1633	12	zarin	zarin	PROPN
ftr-490	1633	13	had	have	AUX
ftr-490	1633	14	in	in	ADP
ftr-490	1633	15	fact	fact	NOUN
ftr-490	1633	16	purchased	purchase	VERB
ftr-490	1633	17	"	"	PUNCT
ftr-490	1633	18	property	property	NOUN
ftr-490	1633	19	"	"	PUNCT
ftr-490	1633	20	on	on	ADP
ftr-490	1633	21	purchasing	purchase	VERB
ftr-490	1633	22	the	the	DET
ftr-490	1633	23	gambling	gambling	NOUN
ftr-490	1633	24	chips	chip	NOUN
ftr-490	1633	25	so	so	SCONJ
ftr-490	1633	26	that	that	SCONJ
ftr-490	1633	27	the	the	DET
ftr-490	1633	28	rule	rule	NOUN
ftr-490	1633	29	in	in	ADP
ftr-490	1633	30	section	section	NOUN
ftr-490	1633	31	108(e)(5	108(e)(5	NUM
ftr-490	1633	32	)	)	PUNCT
ftr-490	1633	33	could	could	AUX
ftr-490	1633	34	apply	apply	VERB
ftr-490	1633	35	.	.	PUNCT
ftr-490	1634	1	suffice	suffice	VERB
ftr-490	1634	2	it	it	PRON
ftr-490	1634	3	to	to	PART
ftr-490	1634	4	say	say	VERB
ftr-490	1634	5	that	that	SCONJ
ftr-490	1634	6	zarin	zarin	PROPN
ftr-490	1634	7	did	do	AUX
ftr-490	1634	8	not	not	PART
ftr-490	1634	9	spend	spend	VERB
ftr-490	1634	10	$	$	SYM
ftr-490	1634	11	3,400,000	3,400,000	NUM
ftr-490	1634	12	on	on	ADP
ftr-490	1634	13	little	little	ADJ
ftr-490	1634	14	pieces	piece	NOUN
ftr-490	1634	15	of	of	ADP
ftr-490	1634	16	plastic	plastic	NOUN
ftr-490	1634	17	;	;	PUNCT
ftr-490	1634	18	he	he	PRON
ftr-490	1634	19	spent	spend	VERB
ftr-490	1634	20	the	the	DET
ftr-490	1634	21	money	money	NOUN
ftr-490	1634	22	on	on	ADP
ftr-490	1634	23	the	the	DET
ftr-490	1634	24	activity	activity	NOUN
ftr-490	1634	25	of	of	ADP
ftr-490	1634	26	gambling	gambling	NOUN
ftr-490	1634	27	which	which	PRON
ftr-490	1634	28	he	he	PRON
ftr-490	1634	29	purchased	purchase	VERB
ftr-490	1634	30	from	from	ADP
ftr-490	1634	31	the	the	DET
ftr-490	1634	32	lender	lender	NOUN
ftr-490	1634	33	's	's	PART
ftr-490	1634	34	establishment	establishment	NOUN
ftr-490	1634	35	.	.	PUNCT
ftr-490	1635	1	it	it	PRON
ftr-490	1635	2	is	be	AUX
ftr-490	1635	3	not	not	PART
ftr-490	1635	4	inherently	inherently	ADV
ftr-490	1635	5	bizarre	bizarre	ADJ
ftr-490	1635	6	to	to	PART
ftr-490	1635	7	characterize	characterize	VERB
ftr-490	1635	8	gambling	gambling	NOUN
ftr-490	1635	9	as	as	ADP
ftr-490	1635	10	services	service	NOUN
ftr-490	1635	11	or	or	CCONJ
ftr-490	1635	12	other	other	ADJ
ftr-490	1635	13	entertainment	entertainment	NOUN
ftr-490	1635	14	.	.	PUNCT
ftr-490	1636	1	see	see	VERB
ftr-490	1636	2	erik	erik	PROPN
ftr-490	1636	3	m.	m.	PROPN
ftr-490	1636	4	jensen	jensen	PROPN
ftr-490	1636	5	,	,	PUNCT
ftr-490	1636	6	economic	economic	ADJ
ftr-490	1636	7	performance	performance	NOUN
ftr-490	1636	8	and	and	CCONJ
ftr-490	1636	9	progressive	progressive	ADJ
ftr-490	1636	10	jackpots	jackpot	NOUN
ftr-490	1636	11	:	:	PUNCT
ftr-490	1636	12	a	a	DET
ftr-490	1636	13	better	well	ADJ
ftr-490	1636	14	analysis	analysis	NOUN
ftr-490	1636	15	,	,	PUNCT
ftr-490	1636	16	letter	letter	NOUN
ftr-490	1636	17	to	to	ADP
ftr-490	1636	18	the	the	DET
ftr-490	1636	19	editor	editor	NOUN
ftr-490	1636	20	,	,	PUNCT
ftr-490	1636	21	45	45	NUM
ftr-490	1636	22	tax	tax	NOUN
ftr-490	1636	23	notes	note	NOUN
ftr-490	1636	24	635	635	NUM
ftr-490	1636	25	(	(	PUNCT
ftr-490	1636	26	oct	oct	PROPN
ftr-490	1636	27	.	.	PROPN
ftr-490	1636	28	30	30	NUM
ftr-490	1636	29	,	,	PUNCT
ftr-490	1636	30	1989	1989	NUM
ftr-490	1636	31	)	)	PUNCT
ftr-490	1636	32	.	.	PUNCT
ftr-490	1636	33	)	)	PUNCT
ftr-490	1637	1	the	the	DET
ftr-490	1637	2	fact	fact	NOUN
ftr-490	1637	3	that	that	SCONJ
ftr-490	1637	4	the	the	DET
ftr-490	1637	5	loan	loan	NOUN
ftr-490	1637	6	was	be	AUX
ftr-490	1637	7	financed	finance	VERB
ftr-490	1637	8	by	by	ADP
ftr-490	1637	9	the	the	DET
ftr-490	1637	10	vendor	vendor	NOUN
ftr-490	1637	11	might	might	AUX
ftr-490	1637	12	have	have	AUX
ftr-490	1637	13	rendered	render	VERB
ftr-490	1637	14	the	the	DET
ftr-490	1637	15	amount	amount	NOUN
ftr-490	1637	16	loaned	loan	VERB
ftr-490	1637	17	,	,	PUNCT
ftr-490	1637	18	though	though	SCONJ
ftr-490	1637	19	a	a	DET
ftr-490	1637	20	precise	precise	ADJ
ftr-490	1637	21	number	number	NOUN
ftr-490	1637	22	was	be	AUX
ftr-490	1637	23	attached	attach	VERB
ftr-490	1637	24	,	,	PUNCT
ftr-490	1637	25	more	more	ADV
ftr-490	1637	26	nebulous	nebulous	ADJ
ftr-490	1637	27	in	in	ADP
ftr-490	1637	28	fact	fact	NOUN
ftr-490	1637	29	for	for	ADP
ftr-490	1637	30	the	the	DET
ftr-490	1637	31	same	same	ADJ
ftr-490	1637	32	reason	reason	NOUN
ftr-490	1637	33	that	that	SCONJ
ftr-490	1637	34	the	the	DET
ftr-490	1637	35	amount	amount	NOUN
ftr-490	1637	36	of	of	ADP
ftr-490	1637	37	"	"	PUNCT
ftr-490	1637	38	true	true	ADJ
ftr-490	1637	39	debt	debt	NOUN
ftr-490	1637	40	"	"	PUNCT
ftr-490	1637	41	may	may	AUX
ftr-490	1637	42	be	be	AUX
ftr-490	1637	43	artificially	artificially	ADV
ftr-490	1637	44	inflated	inflate	VERB
ftr-490	1637	45	in	in	ADP
ftr-490	1637	46	the	the	DET
ftr-490	1637	47	case	case	NOUN
ftr-490	1637	48	of	of	ADP
ftr-490	1637	49	more	more	ADV
ftr-490	1637	50	typical	typical	ADJ
ftr-490	1637	51	,	,	PUNCT
ftr-490	1637	52	sellerprovided	sellerprovide	VERB
ftr-490	1637	53	nonrecourse	nonrecourse	NOUN
ftr-490	1637	54	financing	financing	NOUN
ftr-490	1637	55	.	.	PUNCT
ftr-490	1638	1	see	see	VERB
ftr-490	1638	2	supra	supra	PROPN
ftr-490	1638	3	note	note	PROPN
ftr-490	1638	4	169	169	NUM
ftr-490	1638	5	.	.	PUNCT
ftr-490	1639	1	in	in	ADP
ftr-490	1639	2	such	such	DET
ftr-490	1639	3	a	a	DET
ftr-490	1639	4	case	case	NOUN
ftr-490	1639	5	,	,	PUNCT
ftr-490	1639	6	some	some	PRON
ftr-490	1639	7	of	of	ADP
ftr-490	1639	8	that	that	DET
ftr-490	1639	9	precisely	precisely	ADV
ftr-490	1639	10	delineated	delineated	ADJ
ftr-490	1639	11	$	$	SYM
ftr-490	1639	12	3,900,000	3,900,000	NUM
ftr-490	1639	13	amount	amount	NOUN
ftr-490	1639	14	might	might	AUX
ftr-490	1639	15	be	be	AUX
ftr-490	1639	16	"	"	PUNCT
ftr-490	1639	17	funny	funny	ADJ
ftr-490	1639	18	money	money	NOUN
ftr-490	1639	19	"	"	PUNCT
ftr-490	1639	20	and	and	CCONJ
ftr-490	1639	21	should	should	AUX
ftr-490	1639	22	not	not	PART
ftr-490	1639	23	enter	enter	VERB
ftr-490	1639	24	into	into	ADP
ftr-490	1639	25	the	the	DET
ftr-490	1639	26	first	first	ADJ
ftr-490	1639	27	step	step	NOUN
ftr-490	1639	28	in	in	ADP
ftr-490	1639	29	calculating	calculate	VERB
ftr-490	1639	30	the	the	DET
ftr-490	1639	31	amount	amount	NOUN
ftr-490	1639	32	of	of	ADP
ftr-490	1639	33	cod	cod	NOUN
ftr-490	1639	34	income	income	NOUN
ftr-490	1639	35	realized	realize	VERB
ftr-490	1639	36	:	:	PUNCT
ftr-490	1639	37	the	the	DET
ftr-490	1639	38	amount	amount	NOUN
ftr-490	1639	39	of	of	ADP
ftr-490	1639	40	prior	prior	ADJ
ftr-490	1639	41	value	value	NOUN
ftr-490	1639	42	received	receive	VERB
ftr-490	1639	43	and	and	CCONJ
ftr-490	1639	44	excluded	exclude	VERB
ftr-490	1639	45	from	from	ADP
ftr-490	1639	46	income	income	NOUN
ftr-490	1639	47	.	.	PUNCT
ftr-490	1640	1	if	if	SCONJ
ftr-490	1640	2	the	the	DET
ftr-490	1640	3	entire	entire	ADJ
ftr-490	1640	4	$	$	SYM
ftr-490	1640	5	3,900,000	3,900,000	NUM
ftr-490	1640	6	is	be	AUX
ftr-490	1640	7	respected	respect	VERB
ftr-490	1640	8	as	as	ADP
ftr-490	1640	9	"	"	PUNCT
ftr-490	1640	10	true	true	ADJ
ftr-490	1640	11	debt	debt	NOUN
ftr-490	1640	12	,	,	PUNCT
ftr-490	1640	13	"	"	PUNCT
ftr-490	1640	14	there	there	PRON
ftr-490	1640	15	is	be	VERB
ftr-490	1640	16	yet	yet	ADV
ftr-490	1640	17	another	another	DET
ftr-490	1640	18	possible	possible	ADJ
ftr-490	1640	19	avenue	avenue	NOUN
ftr-490	1640	20	providing	provide	VERB
ftr-490	1640	21	for	for	ADP
ftr-490	1640	22	nontaxation	nontaxation	NOUN
ftr-490	1640	23	.	.	PUNCT
ftr-490	1641	1	in	in	ADP
ftr-490	1641	2	cases	case	NOUN
ftr-490	1641	3	involving	involve	VERB
ftr-490	1641	4	the	the	DET
ftr-490	1641	5	more	more	ADV
ftr-490	1641	6	typical	typical	ADJ
ftr-490	1641	7	purchase	purchase	NOUN
ftr-490	1641	8	-	-	PUNCT
ftr-490	1641	9	money	money	NOUN
ftr-490	1641	10	mortgage	mortgage	NOUN
ftr-490	1641	11	of	of	ADP
ftr-490	1641	12	property	property	NOUN
ftr-490	1641	13	,	,	PUNCT
ftr-490	1641	14	factual	factual	ADJ
ftr-490	1641	15	disputes	dispute	NOUN
ftr-490	1641	16	arose	arise	VERB
ftr-490	1641	17	on	on	ADP
ftr-490	1641	18	the	the	DET
ftr-490	1641	19	reduction	reduction	NOUN
ftr-490	1641	20	of	of	ADP
ftr-490	1641	21	debt	debt	NOUN
ftr-490	1641	22	revolving	revolve	VERB
ftr-490	1641	23	around	around	ADP
ftr-490	1641	24	whether	whether	SCONJ
ftr-490	1641	25	the	the	DET
ftr-490	1641	26	debt	debt	NOUN
ftr-490	1641	27	was	be	AUX
ftr-490	1641	28	actually	actually	ADV
ftr-490	1641	29	discharged	discharge	VERB
ftr-490	1641	30	or	or	CCONJ
ftr-490	1641	31	whether	whether	SCONJ
ftr-490	1641	32	the	the	DET
ftr-490	1641	33	purchase	purchase	NOUN
ftr-490	1641	34	price	price	NOUN
ftr-490	1641	35	of	of	ADP
ftr-490	1641	36	the	the	DET
ftr-490	1641	37	property	property	NOUN
ftr-490	1641	38	was	be	AUX
ftr-490	1641	39	actually	actually	ADV
ftr-490	1641	40	renegotiated	renegotiate	VERB
ftr-490	1641	41	downward	downward	ADV
ftr-490	1641	42	.	.	PUNCT
ftr-490	1642	1	in	in	ADP
ftr-490	1642	2	order	order	NOUN
ftr-490	1642	3	to	to	PART
ftr-490	1642	4	avoid	avoid	VERB
ftr-490	1642	5	these	these	DET
ftr-490	1642	6	factual	factual	ADJ
ftr-490	1642	7	disputes	dispute	NOUN
ftr-490	1642	8	,	,	PUNCT
ftr-490	1642	9	congress	congress	PROPN
ftr-490	1642	10	enacted	enact	VERB
ftr-490	1642	11	section	section	NOUN
ftr-490	1642	12	108(e)(5	108(e)(5	NUM
ftr-490	1642	13	)	)	PUNCT
ftr-490	1642	14	(	(	PUNCT
ftr-490	1642	15	see	see	VERB
ftr-490	1642	16	supra	supra	PROPN
ftr-490	1642	17	notes	note	NOUN
ftr-490	1642	18	8	8	NUM
ftr-490	1642	19	and	and	CCONJ
ftr-490	1642	20	134	134	NUM
ftr-490	1642	21	)	)	PUNCT
ftr-490	1642	22	,	,	PUNCT
ftr-490	1642	23	which	which	PRON
ftr-490	1642	24	makes	make	VERB
ftr-490	1642	25	an	an	DET
ftr-490	1642	26	actual	actual	ADJ
ftr-490	1642	27	factual	factual	ADJ
ftr-490	1642	28	inquiry	inquiry	NOUN
ftr-490	1642	29	in	in	ADP
ftr-490	1642	30	such	such	ADJ
ftr-490	1642	31	cases	case	NOUN
ftr-490	1642	32	unnecessary	unnecessary	ADJ
ftr-490	1642	33	.	.	PUNCT
ftr-490	1643	1	even	even	ADV
ftr-490	1643	2	when	when	SCONJ
ftr-490	1643	3	the	the	DET
ftr-490	1643	4	facts	fact	NOUN
ftr-490	1643	5	clearly	clearly	ADV
ftr-490	1643	6	show	show	VERB
ftr-490	1643	7	an	an	DET
ftr-490	1643	8	intent	intent	NOUN
ftr-490	1643	9	to	to	PART
ftr-490	1643	10	reduce	reduce	VERB
ftr-490	1643	11	debt	debt	NOUN
ftr-490	1643	12	rather	rather	ADV
ftr-490	1643	13	than	than	ADP
ftr-490	1643	14	reduce	reduce	VERB
ftr-490	1643	15	the	the	DET
ftr-490	1643	16	purchase	purchase	NOUN
ftr-490	1643	17	price	price	NOUN
ftr-490	1643	18	,	,	PUNCT
ftr-490	1643	19	the	the	DET
ftr-490	1643	20	statute	statute	NOUN
ftr-490	1643	21	by	by	ADP
ftr-490	1643	22	fiat	fiat	PROPN
ftr-490	1643	23	provides	provide	VERB
ftr-490	1643	24	that	that	SCONJ
ftr-490	1643	25	the	the	DET
ftr-490	1643	26	reduction	reduction	NOUN
ftr-490	1643	27	will	will	AUX
ftr-490	1643	28	be	be	AUX
ftr-490	1643	29	"	"	PUNCT
ftr-490	1643	30	treated	treat	VERB
ftr-490	1643	31	as	as	ADP
ftr-490	1643	32	a	a	DET
ftr-490	1643	33	purchase	purchase	NOUN
ftr-490	1643	34	price	price	NOUN
ftr-490	1643	35	adjustment	adjustment	NOUN
ftr-490	1643	36	.	.	PUNCT
ftr-490	1643	37	"	"	PUNCT
ftr-490	1644	1	thus	thus	ADV
ftr-490	1644	2	,	,	PUNCT
ftr-490	1644	3	no	no	DET
ftr-490	1644	4	cod	cod	NOUN
ftr-490	1644	5	income	income	NOUN
ftr-490	1644	6	is	be	AUX
ftr-490	1644	7	deemed	deem	VERB
ftr-490	1644	8	realized	realize	VERB
ftr-490	1644	9	;	;	PUNCT
ftr-490	1644	10	the	the	DET
ftr-490	1644	11	purchaser	purchaser	NOUN
ftr-490	1644	12	is	be	AUX
ftr-490	1644	13	considered	consider	VERB
ftr-490	1644	14	to	to	PART
ftr-490	1644	15	have	have	AUX
ftr-490	1644	16	received	receive	VERB
ftr-490	1644	17	a	a	DET
ftr-490	1644	18	post	post	ADJ
ftr-490	1644	19	-	-	NOUN
ftr-490	1644	20	purchase	purchase	ADJ
ftr-490	1644	21	,	,	PUNCT
ftr-490	1644	22	nontaxable	nontaxable	ADJ
ftr-490	1644	23	discount	discount	NOUN
ftr-490	1644	24	in	in	ADP
ftr-490	1644	25	price	price	NOUN
ftr-490	1644	26	.	.	PUNCT
ftr-490	1645	1	thus	thus	ADV
ftr-490	1645	2	,	,	PUNCT
ftr-490	1645	3	one	one	NUM
ftr-490	1645	4	question	question	NOUN
ftr-490	1645	5	presented	present	VERB
ftr-490	1645	6	by	by	ADP
ftr-490	1645	7	zarin	zarin	PROPN
ftr-490	1645	8	is	be	AUX
ftr-490	1645	9	whether	whether	SCONJ
ftr-490	1645	10	there	there	PRON
ftr-490	1645	11	ought	ought	AUX
ftr-490	1645	12	to	to	PART
ftr-490	1645	13	be	be	AUX
ftr-490	1645	14	a	a	DET
ftr-490	1645	15	similar	similar	ADJ
ftr-490	1645	16	rule	rule	NOUN
ftr-490	1645	17	regarding	regard	VERB
ftr-490	1645	18	purchase	purchase	NOUN
ftr-490	1645	19	-	-	PUNCT
ftr-490	1645	20	money	money	NOUN
ftr-490	1645	21	mortgages	mortgage	NOUN
ftr-490	1645	22	of	of	ADP
ftr-490	1645	23	services	service	NOUN
ftr-490	1645	24	,	,	PUNCT
ftr-490	1645	25	i.e.	i.e.	X
ftr-490	1645	26	,	,	PUNCT
ftr-490	1645	27	mortgages	mortgage	NOUN
ftr-490	1645	28	in	in	ADP
ftr-490	1645	29	which	which	PRON
ftr-490	1645	30	the	the	DET
ftr-490	1645	31	lender	lender	NOUN
ftr-490	1645	32	is	be	AUX
ftr-490	1645	33	also	also	ADV
ftr-490	1645	34	the	the	DET
ftr-490	1645	35	vendor	vendor	NOUN
ftr-490	1645	36	of	of	ADP
ftr-490	1645	37	the	the	DET
ftr-490	1645	38	purchased	purchase	VERB
ftr-490	1645	39	services	service	NOUN
ftr-490	1645	40	,	,	PUNCT
ftr-490	1645	41	in	in	ADP
ftr-490	1645	42	order	order	NOUN
ftr-490	1645	43	to	to	PART
ftr-490	1645	44	obviate	obviate	VERB
ftr-490	1645	45	just	just	ADV
ftr-490	1645	46	the	the	DET
ftr-490	1645	47	kind	kind	NOUN
ftr-490	1645	48	of	of	ADP
ftr-490	1645	49	dispute	dispute	NOUN
ftr-490	1645	50	involved	involve	VERB
ftr-490	1645	51	in	in	ADP
ftr-490	1645	52	zarin	zarin	PROPN
ftr-490	1645	53	.	.	PUNCT
ftr-490	1646	1	that	that	PRON
ftr-490	1646	2	is	be	AUX
ftr-490	1646	3	,	,	PUNCT
ftr-490	1646	4	should	should	AUX
ftr-490	1646	5	such	such	ADJ
ftr-490	1646	6	transactions	transaction	NOUN
ftr-490	1646	7	result	result	VERB
ftr-490	1646	8	in	in	ADP
ftr-490	1646	9	no	no	DET
ftr-490	1646	10	taxation	taxation	NOUN
ftr-490	1646	11	on	on	ADP
ftr-490	1646	12	the	the	DET
ftr-490	1646	13	theory	theory	NOUN
ftr-490	1646	14	that	that	SCONJ
ftr-490	1646	15	the	the	DET
ftr-490	1646	16	purchaser	purchaser	NOUN
ftr-490	1646	17	of	of	ADP
ftr-490	1646	18	services	service	NOUN
ftr-490	1646	19	on	on	ADP
ftr-490	1646	20	credit	credit	NOUN
ftr-490	1646	21	should	should	AUX
ftr-490	1646	22	be	be	AUX
ftr-490	1646	23	deemed	deem	VERB
ftr-490	1646	24	to	to	PART
ftr-490	1646	25	have	have	AUX
ftr-490	1646	26	received	receive	VERB
ftr-490	1646	27	a	a	DET
ftr-490	1646	28	purchase	purchase	NOUN
ftr-490	1646	29	-	-	PUNCT
ftr-490	1646	30	price	price	NOUN
ftr-490	1646	31	adjustment	adjustment	NOUN
ftr-490	1646	32	-	-	PUNCT
ftr-490	1646	33	a	a	DET
ftr-490	1646	34	postpurchase	postpurchase	NOUN
ftr-490	1646	35	,	,	PUNCT
ftr-490	1646	36	nontaxable	nontaxable	ADJ
ftr-490	1646	37	discount	discount	NOUN
ftr-490	1646	38	in	in	ADP
ftr-490	1646	39	price	price	NOUN
ftr-490	1646	40	-	-	PUNCT
ftr-490	1646	41	rather	rather	ADV
ftr-490	1646	42	than	than	SCONJ
ftr-490	1646	43	to	to	PART
ftr-490	1646	44	have	have	AUX
ftr-490	1646	45	realized	realize	VERB
ftr-490	1646	46	cod	cod	NOUN
ftr-490	1646	47	income	income	NOUN
ftr-490	1646	48	in	in	ADP
ftr-490	1646	49	order	order	NOUN
ftr-490	1646	50	to	to	PART
ftr-490	1646	51	avoid	avoid	VERB
ftr-490	1646	52	a	a	DET
ftr-490	1646	53	factual	factual	ADJ
ftr-490	1646	54	inquiry	inquiry	NOUN
ftr-490	1646	55	into	into	ADP
ftr-490	1646	56	the	the	DET
ftr-490	1646	57	nature	nature	NOUN
ftr-490	1646	58	of	of	ADP
ftr-490	1646	59	the	the	DET
ftr-490	1646	60	settlement	settlement	NOUN
ftr-490	1646	61	with	with	ADP
ftr-490	1646	62	the	the	DET
ftr-490	1646	63	vendor	vendor	NOUN
ftr-490	1646	64	-	-	PUNCT
ftr-490	1646	65	creditor	creditor	NOUN
ftr-490	1646	66	for	for	ADP
ftr-490	1646	67	less	less	ADJ
ftr-490	1646	68	than	than	ADP
ftr-490	1646	69	the	the	DET
ftr-490	1646	70	full	full	ADJ
ftr-490	1646	71	amount	amount	NOUN
ftr-490	1646	72	originally	originally	ADV
ftr-490	1646	73	borrowed	borrow	VERB
ftr-490	1646	74	?	?	PUNCT
ftr-490	1647	1	if	if	SCONJ
ftr-490	1647	2	such	such	DET
ftr-490	1647	3	a	a	DET
ftr-490	1647	4	rule	rule	NOUN
ftr-490	1647	5	is	be	AUX
ftr-490	1647	6	wise	wise	ADJ
ftr-490	1647	7	as	as	ADP
ftr-490	1647	8	a	a	DET
ftr-490	1647	9	policy	policy	NOUN
ftr-490	1647	10	matter	matter	NOUN
ftr-490	1647	11	,	,	PUNCT
ftr-490	1647	12	then	then	ADV
ftr-490	1647	13	the	the	DET
ftr-490	1647	14	other	other	ADJ
ftr-490	1647	15	question	question	NOUN
ftr-490	1647	16	is	be	AUX
ftr-490	1647	17	whether	whether	SCONJ
ftr-490	1647	18	judges	judge	NOUN
ftr-490	1647	19	should	should	AUX
ftr-490	1647	20	be	be	AUX
ftr-490	1647	21	the	the	DET
ftr-490	1647	22	ones	one	NOUN
ftr-490	1647	23	to	to	PART
ftr-490	1647	24	craft	craft	VERB
ftr-490	1647	25	it	it	PRON
ftr-490	1647	26	.	.	PUNCT
ftr-490	1648	1	does	do	AUX
ftr-490	1648	2	the	the	DET
ftr-490	1648	3	presence	presence	NOUN
ftr-490	1648	4	of	of	ADP
ftr-490	1648	5	section	section	NOUN
ftr-490	1648	6	108(e)(5	108(e)(5	NUM
ftr-490	1648	7	)	)	PUNCT
ftr-490	1648	8	,	,	PUNCT
ftr-490	1648	9	pertaining	pertain	VERB
ftr-490	1648	10	to	to	PART
ftr-490	1648	11	purchase	purchase	VERB
ftr-490	1648	12	-	-	PUNCT
ftr-490	1648	13	money	money	NOUN
ftr-490	1648	14	mortgages	mortgage	NOUN
ftr-490	1648	15	of	of	ADP
ftr-490	1648	16	property	property	NOUN
ftr-490	1648	17	only	only	ADV
ftr-490	1648	18	,	,	PUNCT
ftr-490	1648	19	carry	carry	VERB
ftr-490	1648	20	the	the	DET
ftr-490	1648	21	negative	negative	ADJ
ftr-490	1648	22	implication	implication	NOUN
ftr-490	1648	23	that	that	SCONJ
ftr-490	1648	24	all	all	DET
ftr-490	1648	25	other	other	ADJ
ftr-490	1648	26	purchase	purchase	NOUN
ftr-490	1648	27	-	-	PUNCT
ftr-490	1648	28	money	money	NOUN
ftr-490	1648	29	mortgages	mortgage	NOUN
ftr-490	1648	30	(	(	PUNCT
ftr-490	1648	31	as	as	SCONJ
ftr-490	1648	32	broadly	broadly	ADV
ftr-490	1648	33	defined	define	VERB
ftr-490	1648	34	here	here	ADV
ftr-490	1648	35	)	)	PUNCT
ftr-490	1648	36	fall	fall	VERB
ftr-490	1648	37	outside	outside	ADP
ftr-490	1648	38	the	the	DET
ftr-490	1648	39	rule	rule	NOUN
ftr-490	1648	40	?	?	PUNCT
ftr-490	1649	1	or	or	CCONJ
ftr-490	1649	2	should	should	AUX
ftr-490	1649	3	the	the	DET
ftr-490	1649	4	presence	presence	NOUN
ftr-490	1649	5	of	of	ADP
ftr-490	1649	6	section	section	NOUN
ftr-490	1649	7	108(e)(5	108(e)(5	NUM
ftr-490	1649	8	)	)	PUNCT
ftr-490	1649	9	invite	invite	VERB
ftr-490	1649	10	judges	judge	NOUN
ftr-490	1649	11	to	to	PART
ftr-490	1649	12	extend	extend	VERB
ftr-490	1649	13	by	by	ADP
ftr-490	1649	14	analogy	analogy	NOUN
ftr-490	1649	15	its	its	PRON
ftr-490	1649	16	rule	rule	NOUN
ftr-490	1649	17	to	to	ADP
ftr-490	1649	18	situations	situation	NOUN
ftr-490	1649	19	not	not	PART
ftr-490	1649	20	contemplated	contemplate	VERB
ftr-490	1649	21	by	by	ADP
ftr-490	1649	22	the	the	DET
ftr-490	1649	23	congress	congress	PROPN
ftr-490	1649	24	who	who	PRON
ftr-490	1649	25	enacted	enact	VERB
ftr-490	1649	26	it	it	PRON
ftr-490	1649	27	?	?	PUNCT
ftr-490	1650	1	because	because	SCONJ
ftr-490	1650	2	section	section	NOUN
ftr-490	1650	3	108(e)(5	108(e)(5	NUM
ftr-490	1650	4	)	)	PUNCT
ftr-490	1650	5	requires	require	VERB
ftr-490	1650	6	the	the	DET
ftr-490	1650	7	presence	presence	NOUN
ftr-490	1650	8	of	of	ADP
ftr-490	1650	9	cod	cod	NOUN
ftr-490	1650	10	income	income	NOUN
ftr-490	1650	11	in	in	ADP
ftr-490	1650	12	the	the	DET
ftr-490	1650	13	first	first	ADJ
ftr-490	1650	14	place	place	NOUN
ftr-490	1650	15	,	,	PUNCT
ftr-490	1650	16	true	true	ADJ
ftr-490	1650	17	purchase	purchase	NOUN
ftr-490	1650	18	-	-	PUNCT
ftr-490	1650	19	price	price	NOUN
ftr-490	1650	20	adjustments	adjustment	NOUN
ftr-490	1650	21	ought	ought	AUX
ftr-490	1650	22	still	still	ADV
ftr-490	1650	23	to	to	PART
ftr-490	1650	24	result	result	VERB
ftr-490	1650	25	in	in	ADP
ftr-490	1650	26	no	no	DET
ftr-490	1650	27	taxation	taxation	NOUN
ftr-490	1650	28	under	under	ADP
ftr-490	1650	29	section	section	NOUN
ftr-490	1650	30	61	61	NUM
ftr-490	1650	31	itself	itself	PRON
ftr-490	1650	32	.	.	PUNCT
ftr-490	1651	1	such	such	ADJ
ftr-490	1651	2	is	be	AUX
ftr-490	1651	3	the	the	DET
ftr-490	1651	4	stuff	stuff	NOUN
ftr-490	1651	5	of	of	ADP
ftr-490	1651	6	statutory	statutory	ADJ
ftr-490	1651	7	interpretation	interpretation	NOUN
ftr-490	1651	8	.	.	PUNCT
ftr-490	1652	1	see	see	VERB
ftr-490	1652	2	popkin	popkin	NOUN
ftr-490	1652	3	,	,	PUNCT
ftr-490	1652	4	supra	supra	ADJ
ftr-490	1652	5	note	note	NOUN
ftr-490	1652	6	40	40	NUM
ftr-490	1652	7	,	,	PUNCT
ftr-490	1652	8	at	at	ADP
ftr-490	1652	9	157	157	NUM
ftr-490	1652	10	.	.	PUNCT
ftr-490	1653	1	[	[	X
ftr-490	1653	2	vol	vol	NOUN
ftr-490	1653	3	1:3	1:3	NUM
ftr-490	1653	4	tufts	tuft	NOUN
ftr-490	1653	5	and	and	CCONJ
ftr-490	1653	6	the	the	DET
ftr-490	1653	7	evolution	evolution	NOUN
ftr-490	1653	8	of	of	ADP
ftr-490	1653	9	debt	debt	NOUN
ftr-490	1653	10	-	-	PUNCT
ftr-490	1653	11	discharge	discharge	NOUN
ftr-490	1653	12	theon	theon	NOUN
ftr-490	1653	13	and	and	CCONJ
ftr-490	1653	14	practical	practical	ADJ
ftr-490	1653	15	weaknesses	weakness	NOUN
ftr-490	1653	16	are	be	AUX
ftr-490	1653	17	even	even	ADV
ftr-490	1653	18	more	more	ADV
ftr-490	1653	19	glaring	glaring	ADJ
ftr-490	1653	20	today	today	NOUN
ftr-490	1653	21	.	.	PUNCT
ftr-490	1654	1	v.	v.	ADP
ftr-490	1654	2	conclusion	conclusion	NOUN
ftr-490	1654	3	the	the	DET
ftr-490	1654	4	taxpayer	taxpayer	NOUN
ftr-490	1654	5	in	in	ADP
ftr-490	1654	6	tufts	tuft	NOUN
ftr-490	1654	7	was	be	AUX
ftr-490	1654	8	held	hold	VERB
ftr-490	1654	9	to	to	PART
ftr-490	1654	10	have	have	AUX
ftr-490	1654	11	realized	realize	VERB
ftr-490	1654	12	$	$	SYM
ftr-490	1654	13	400,000	400,000	NUM
ftr-490	1654	14	of	of	ADP
ftr-490	1654	15	gain	gain	NOUN
ftr-490	1654	16	under	under	ADP
ftr-490	1654	17	section	section	NOUN
ftr-490	1654	18	1001	1001	NUM
ftr-490	1654	19	under	under	ADP
ftr-490	1654	20	the	the	DET
ftr-490	1654	21	collapsed	collapsed	ADJ
ftr-490	1654	22	approach	approach	NOUN
ftr-490	1654	23	to	to	ADP
ftr-490	1654	24	analyzing	analyze	VERB
ftr-490	1654	25	the	the	DET
ftr-490	1654	26	relief	relief	NOUN
ftr-490	1654	27	from	from	ADP
ftr-490	1654	28	nonrecourse	nonrecourse	ADJ
ftr-490	1654	29	debt	debt	NOUN
ftr-490	1654	30	upon	upon	SCONJ
ftr-490	1654	31	the	the	DET
ftr-490	1654	32	transfer	transfer	NOUN
ftr-490	1654	33	of	of	ADP
ftr-490	1654	34	property	property	NOUN
ftr-490	1654	35	worth	worth	ADJ
ftr-490	1654	36	less	less	ADJ
ftr-490	1654	37	than	than	ADP
ftr-490	1654	38	the	the	DET
ftr-490	1654	39	debt	debt	NOUN
ftr-490	1654	40	.	.	PUNCT
ftr-490	1655	1	if	if	SCONJ
ftr-490	1655	2	the	the	DET
ftr-490	1655	3	debt	debt	NOUN
ftr-490	1655	4	in	in	ADP
ftr-490	1655	5	tufts	tuft	NOUN
ftr-490	1655	6	had	have	AUX
ftr-490	1655	7	been	be	AUX
ftr-490	1655	8	recourse	recourse	NOUN
ftr-490	1655	9	,	,	PUNCT
ftr-490	1655	10	the	the	DET
ftr-490	1655	11	bifurcated	bifurcated	ADJ
ftr-490	1655	12	approach	approach	NOUN
ftr-490	1655	13	provided	provide	VERB
ftr-490	1655	14	in	in	ADP
ftr-490	1655	15	the	the	DET
ftr-490	1655	16	government	government	NOUN
ftr-490	1655	17	's	's	PART
ftr-490	1655	18	own	own	ADJ
ftr-490	1655	19	regulations	regulation	NOUN
ftr-490	1655	20	would	would	AUX
ftr-490	1655	21	have	have	AUX
ftr-490	1655	22	created	create	VERB
ftr-490	1655	23	a	a	DET
ftr-490	1655	24	$	$	SYM
ftr-490	1655	25	50,000	50,000	NUM
ftr-490	1655	26	loss	loss	NOUN
ftr-490	1655	27	and	and	CCONJ
ftr-490	1655	28	$	$	SYM
ftr-490	1655	29	450,000	450,000	NUM
ftr-490	1655	30	of	of	ADP
ftr-490	1655	31	cod	cod	NOUN
ftr-490	1655	32	income	income	NOUN
ftr-490	1655	33	.	.	PUNCT
ftr-490	1656	1	the	the	DET
ftr-490	1656	2	supreme	supreme	PROPN
ftr-490	1656	3	court	court	PROPN
ftr-490	1656	4	rejected	reject	VERB
ftr-490	1656	5	use	use	NOUN
ftr-490	1656	6	of	of	ADP
ftr-490	1656	7	the	the	DET
ftr-490	1656	8	bifurcated	bifurcated	ADJ
ftr-490	1656	9	approach	approach	NOUN
ftr-490	1656	10	in	in	ADP
ftr-490	1656	11	tufts	tuft	NOUN
ftr-490	1656	12	apparently	apparently	ADV
ftr-490	1656	13	without	without	ADP
ftr-490	1656	14	fully	fully	ADV
ftr-490	1656	15	appreciating	appreciate	VERB
ftr-490	1656	16	that	that	SCONJ
ftr-490	1656	17	it	it	PRON
ftr-490	1656	18	would	would	AUX
ftr-490	1656	19	have	have	AUX
ftr-490	1656	20	controlled	control	VERB
ftr-490	1656	21	the	the	DET
ftr-490	1656	22	transaction	transaction	NOUN
ftr-490	1656	23	if	if	SCONJ
ftr-490	1656	24	recourse	recourse	NOUN
ftr-490	1656	25	debt	debt	NOUN
ftr-490	1656	26	had	have	AUX
ftr-490	1656	27	been	be	AUX
ftr-490	1656	28	used	use	VERB
ftr-490	1656	29	.	.	PUNCT
ftr-490	1657	1	the	the	DET
ftr-490	1657	2	supreme	supreme	PROPN
ftr-490	1657	3	court	court	PROPN
ftr-490	1657	4	,	,	PUNCT
ftr-490	1657	5	thinking	think	VERB
ftr-490	1657	6	(	(	PUNCT
ftr-490	1657	7	with	with	ADP
ftr-490	1657	8	the	the	DET
ftr-490	1657	9	guidance	guidance	NOUN
ftr-490	1657	10	that	that	SCONJ
ftr-490	1657	11	it	it	PRON
ftr-490	1657	12	was	be	AUX
ftr-490	1657	13	given	give	VERB
ftr-490	1657	14	)	)	PUNCT
ftr-490	1657	15	that	that	SCONJ
ftr-490	1657	16	it	it	PRON
ftr-490	1657	17	was	be	AUX
ftr-490	1657	18	conjbrming	conjbrme	VERB
ftr-490	1657	19	the	the	DET
ftr-490	1657	20	tax	tax	NOUN
ftr-490	1657	21	consequences	consequence	NOUN
ftr-490	1657	22	of	of	ADP
ftr-490	1657	23	nonrecourse	nonrecourse	NOUN
ftr-490	1657	24	debt	debt	NOUN
ftr-490	1657	25	and	and	CCONJ
ftr-490	1657	26	recourse	recourse	VERB
ftr-490	1657	27	debt	debt	NOUN
ftr-490	1657	28	by	by	ADP
ftr-490	1657	29	recognizing	recognize	VERB
ftr-490	1657	30	the	the	DET
ftr-490	1657	31	former	former	ADJ
ftr-490	1657	32	as	as	ADP
ftr-490	1657	33	"	"	PUNCT
ftr-490	1657	34	true	true	ADJ
ftr-490	1657	35	debt	debt	NOUN
ftr-490	1657	36	,	,	PUNCT
ftr-490	1657	37	"	"	PUNCT
ftr-490	1657	38	in	in	ADP
ftr-490	1657	39	fact	fact	NOUN
ftr-490	1657	40	unwittingly	unwittingly	ADV
ftr-490	1657	41	memorialized	memorialize	VERB
ftr-490	1657	42	their	their	PRON
ftr-490	1657	43	difference	difference	NOUN
ftr-490	1657	44	when	when	SCONJ
ftr-490	1657	45	property	property	NOUN
ftr-490	1657	46	worth	worth	ADJ
ftr-490	1657	47	less	less	ADJ
ftr-490	1657	48	than	than	ADP
ftr-490	1657	49	the	the	DET
ftr-490	1657	50	debt	debt	NOUN
ftr-490	1657	51	is	be	AUX
ftr-490	1657	52	transferred	transfer	VERB
ftr-490	1657	53	in	in	ADP
ftr-490	1657	54	satisfaction	satisfaction	NOUN
ftr-490	1657	55	of	of	ADP
ftr-490	1657	56	the	the	DET
ftr-490	1657	57	debt	debt	NOUN
ftr-490	1657	58	.	.	PUNCT
ftr-490	1658	1	it	it	PRON
ftr-490	1658	2	is	be	AUX
ftr-490	1658	3	not	not	PART
ftr-490	1658	4	at	at	ADV
ftr-490	1658	5	all	all	ADV
ftr-490	1658	6	certain	certain	ADJ
ftr-490	1658	7	that	that	SCONJ
ftr-490	1658	8	the	the	DET
ftr-490	1658	9	supreme	supreme	PROPN
ftr-490	1658	10	court	court	PROPN
ftr-490	1658	11	would	would	AUX
ftr-490	1658	12	knowingly	knowingly	ADV
ftr-490	1658	13	condone	condone	VERB
ftr-490	1658	14	the	the	DET
ftr-490	1658	15	disparate	disparate	ADJ
ftr-490	1658	16	treatments	treatment	NOUN
ftr-490	1658	17	of	of	ADP
ftr-490	1658	18	what	what	PRON
ftr-490	1658	19	it	it	PRON
ftr-490	1658	20	considers	consider	VERB
ftr-490	1658	21	"	"	PUNCT
ftr-490	1658	22	true	true	ADJ
ftr-490	1658	23	debt	debt	NOUN
ftr-490	1658	24	"	"	PUNCT
ftr-490	1658	25	for	for	ADP
ftr-490	1658	26	tax	tax	NOUN
ftr-490	1658	27	purposes	purpose	NOUN
ftr-490	1658	28	in	in	ADP
ftr-490	1658	29	the	the	DET
ftr-490	1658	30	absence	absence	NOUN
ftr-490	1658	31	of	of	ADP
ftr-490	1658	32	sound	sound	ADJ
ftr-490	1658	33	reasons	reason	NOUN
ftr-490	1658	34	justifying	justify	VERB
ftr-490	1658	35	the	the	DET
ftr-490	1658	36	different	different	ADJ
ftr-490	1658	37	approaches	approach	NOUN
ftr-490	1658	38	.	.	PUNCT
ftr-490	1659	1	the	the	DET
ftr-490	1659	2	disparate	disparate	ADJ
ftr-490	1659	3	treatment	treatment	NOUN
ftr-490	1659	4	of	of	ADP
ftr-490	1659	5	relief	relief	NOUN
ftr-490	1659	6	from	from	ADP
ftr-490	1659	7	recourse	recourse	NOUN
ftr-490	1659	8	and	and	CCONJ
ftr-490	1659	9	nonrecourse	nonrecourse	NOUN
ftr-490	1659	10	debt	debt	NOUN
ftr-490	1659	11	when	when	SCONJ
ftr-490	1659	12	property	property	NOUN
ftr-490	1659	13	worth	worth	ADJ
ftr-490	1659	14	less	less	ADJ
ftr-490	1659	15	than	than	ADP
ftr-490	1659	16	the	the	DET
ftr-490	1659	17	debt	debt	NOUN
ftr-490	1659	18	is	be	AUX
ftr-490	1659	19	transferred	transfer	VERB
ftr-490	1659	20	in	in	ADP
ftr-490	1659	21	satisfaction	satisfaction	NOUN
ftr-490	1659	22	of	of	ADP
ftr-490	1659	23	the	the	DET
ftr-490	1659	24	debt	debt	NOUN
ftr-490	1659	25	has	have	VERB
ftr-490	1659	26	no	no	DET
ftr-490	1659	27	persuasive	persuasive	ADJ
ftr-490	1659	28	conceptual	conceptual	ADJ
ftr-490	1659	29	rationale	rationale	NOUN
ftr-490	1659	30	.	.	PUNCT
ftr-490	1660	1	neither	neither	CCONJ
ftr-490	1660	2	the	the	DET
ftr-490	1660	3	regulations	regulation	NOUN
ftr-490	1660	4	themselves	themselves	PRON
ftr-490	1660	5	nor	nor	CCONJ
ftr-490	1660	6	the	the	DET
ftr-490	1660	7	preamble	preamble	NOUN
ftr-490	1660	8	to	to	ADP
ftr-490	1660	9	them	they	PRON
ftr-490	1660	10	give	give	VERB
ftr-490	1660	11	any	any	DET
ftr-490	1660	12	reason	reason	NOUN
ftr-490	1660	13	for	for	ADP
ftr-490	1660	14	the	the	DET
ftr-490	1660	15	disparate	disparate	ADJ
ftr-490	1660	16	treatment	treatment	NOUN
ftr-490	1660	17	,	,	PUNCT
ftr-490	1660	18	and	and	CCONJ
ftr-490	1660	19	none	none	NOUN
ftr-490	1660	20	can	can	AUX
ftr-490	1660	21	be	be	AUX
ftr-490	1660	22	fashioned	fashion	VERB
ftr-490	1660	23	.	.	PUNCT
ftr-490	1661	1	it	it	PRON
ftr-490	1661	2	leads	lead	VERB
ftr-490	1661	3	to	to	ADP
ftr-490	1661	4	manipulation	manipulation	NOUN
ftr-490	1661	5	and	and	CCONJ
ftr-490	1661	6	,	,	PUNCT
ftr-490	1661	7	even	even	ADV
ftr-490	1661	8	worse	bad	ADJ
ftr-490	1661	9	,	,	PUNCT
ftr-490	1661	10	to	to	ADP
ftr-490	1661	11	treating	treat	VERB
ftr-490	1661	12	similarly	similarly	ADV
ftr-490	1661	13	situated	situate	VERB
ftr-490	1661	14	taxpayers	taxpayer	NOUN
ftr-490	1661	15	in	in	ADP
ftr-490	1661	16	quite	quite	ADV
ftr-490	1661	17	different	different	ADJ
ftr-490	1661	18	manners	manner	NOUN
ftr-490	1661	19	without	without	ADP
ftr-490	1661	20	sound	sound	ADJ
ftr-490	1661	21	justification	justification	NOUN
ftr-490	1661	22	.	.	PUNCT
ftr-490	1662	1	and	and	CCONJ
ftr-490	1662	2	more	more	ADJ
ftr-490	1662	3	than	than	ADP
ftr-490	1662	4	merely	merely	ADV
ftr-490	1662	5	the	the	DET
ftr-490	1662	6	character	character	NOUN
ftr-490	1662	7	of	of	ADP
ftr-490	1662	8	income	income	NOUN
ftr-490	1662	9	or	or	CCONJ
ftr-490	1662	10	gain	gain	NOUN
ftr-490	1662	11	is	be	AUX
ftr-490	1662	12	at	at	ADP
ftr-490	1662	13	stake	stake	NOUN
ftr-490	1662	14	.	.	PUNCT
ftr-490	1663	1	the	the	DET
ftr-490	1663	2	most	most	ADV
ftr-490	1663	3	telling	telling	ADJ
ftr-490	1663	4	situation	situation	NOUN
ftr-490	1663	5	revealing	reveal	VERB
ftr-490	1663	6	the	the	DET
ftr-490	1663	7	weakness	weakness	NOUN
ftr-490	1663	8	of	of	ADP
ftr-490	1663	9	the	the	DET
ftr-490	1663	10	collapsed	collapse	VERB
ftr-490	1663	11	approach	approach	NOUN
ftr-490	1663	12	is	be	AUX
ftr-490	1663	13	that	that	SCONJ
ftr-490	1663	14	involving	involve	VERB
ftr-490	1663	15	personal	personal	ADJ
ftr-490	1663	16	-	-	PUNCT
ftr-490	1663	17	use	use	NOUN
ftr-490	1663	18	property	property	NOUN
ftr-490	1663	19	.	.	PUNCT
ftr-490	1664	1	its	its	PRON
ftr-490	1664	2	application	application	NOUN
ftr-490	1664	3	in	in	ADP
ftr-490	1664	4	that	that	DET
ftr-490	1664	5	context	context	NOUN
ftr-490	1664	6	is	be	AUX
ftr-490	1664	7	untenable	untenable	ADJ
ftr-490	1664	8	as	as	SCONJ
ftr-490	1664	9	it	it	PRON
ftr-490	1664	10	results	result	VERB
ftr-490	1664	11	in	in	ADP
ftr-490	1664	12	sheltering	shelter	VERB
ftr-490	1664	13	from	from	ADP
ftr-490	1664	14	the	the	DET
ftr-490	1664	15	tax	tax	NOUN
ftr-490	1664	16	base	base	NOUN
ftr-490	1664	17	taxable	taxable	ADJ
ftr-490	1664	18	personal	personal	ADJ
ftr-490	1664	19	consumption	consumption	NOUN
ftr-490	1664	20	.	.	PUNCT
ftr-490	1665	1	its	its	PRON
ftr-490	1665	2	application	application	NOUN
ftr-490	1665	3	in	in	ADP
ftr-490	1665	4	that	that	DET
ftr-490	1665	5	context	context	NOUN
ftr-490	1665	6	reveals	reveal	VERB
ftr-490	1665	7	the	the	DET
ftr-490	1665	8	real	real	ADJ
ftr-490	1665	9	weakness	weakness	NOUN
ftr-490	1665	10	of	of	ADP
ftr-490	1665	11	the	the	DET
ftr-490	1665	12	approach	approach	NOUN
ftr-490	1665	13	for	for	ADP
ftr-490	1665	14	all	all	DET
ftr-490	1665	15	contexts	context	NOUN
ftr-490	1665	16	,	,	PUNCT
ftr-490	1665	17	including	include	VERB
ftr-490	1665	18	business	business	NOUN
ftr-490	1665	19	and	and	CCONJ
ftr-490	1665	20	investment	investment	NOUN
ftr-490	1665	21	contexts	contexts	NOUN
ftr-490	1665	22	:	:	PUNCT
ftr-490	1665	23	it	it	PRON
ftr-490	1665	24	links	link	VERB
ftr-490	1665	25	the	the	DET
ftr-490	1665	26	accession	accession	NOUN
ftr-490	1665	27	to	to	ADP
ftr-490	1665	28	wealth	wealth	NOUN
ftr-490	1665	29	to	to	ADP
ftr-490	1665	30	the	the	DET
ftr-490	1665	31	property	property	NOUN
ftr-490	1665	32	ownership	ownership	NOUN
ftr-490	1665	33	when	when	SCONJ
ftr-490	1665	34	the	the	DET
ftr-490	1665	35	accession	accession	NOUN
ftr-490	1665	36	to	to	ADP
ftr-490	1665	37	wealth	wealth	NOUN
ftr-490	1665	38	relates	relate	VERB
ftr-490	1665	39	solely	solely	ADV
ftr-490	1665	40	to	to	ADP
ftr-490	1665	41	the	the	DET
ftr-490	1665	42	liability	liability	NOUN
ftr-490	1665	43	discharge	discharge	NOUN
ftr-490	1665	44	.	.	PUNCT
ftr-490	1666	1	the	the	DET
ftr-490	1666	2	holding	holding	NOUN
ftr-490	1666	3	in	in	ADP
ftr-490	1666	4	tufts	tuft	NOUN
ftr-490	1666	5	that	that	SCONJ
ftr-490	1666	6	the	the	DET
ftr-490	1666	7	taxpayer	taxpayer	NOUN
ftr-490	1666	8	realizes	realize	VERB
ftr-490	1666	9	an	an	DET
ftr-490	1666	10	accession	accession	NOUN
ftr-490	1666	11	to	to	ADP
ftr-490	1666	12	wealth	wealth	NOUN
ftr-490	1666	13	when	when	SCONJ
ftr-490	1666	14	nonrecourse	nonrecourse	ADJ
ftr-490	1666	15	debt	debt	NOUN
ftr-490	1666	16	remains	remain	VERB
ftr-490	1666	17	unsatisfied	unsatisfied	ADJ
ftr-490	1666	18	upon	upon	SCONJ
ftr-490	1666	19	a	a	DET
ftr-490	1666	20	transfer	transfer	NOUN
ftr-490	1666	21	of	of	ADP
ftr-490	1666	22	the	the	DET
ftr-490	1666	23	securing	securing	NOUN
ftr-490	1666	24	property	property	NOUN
ftr-490	1666	25	was	be	AUX
ftr-490	1666	26	necessary	necessary	ADJ
ftr-490	1666	27	,	,	PUNCT
ftr-490	1666	28	and	and	CCONJ
ftr-490	1666	29	the	the	DET
ftr-490	1666	30	court	court	NOUN
ftr-490	1666	31	is	be	AUX
ftr-490	1666	32	to	to	PART
ftr-490	1666	33	be	be	AUX
ftr-490	1666	34	lauded	laud	VERB
ftr-490	1666	35	for	for	ADP
ftr-490	1666	36	it	it	PRON
ftr-490	1666	37	,	,	PUNCT
ftr-490	1666	38	but	but	CCONJ
ftr-490	1666	39	the	the	DET
ftr-490	1666	40	method	method	NOUN
ftr-490	1666	41	of	of	ADP
ftr-490	1666	42	accounting	account	VERB
ftr-490	1666	43	for	for	ADP
ftr-490	1666	44	that	that	DET
ftr-490	1666	45	accession	accession	NOUN
ftr-490	1666	46	to	to	ADP
ftr-490	1666	47	wealth	wealth	NOUN
ftr-490	1666	48	should	should	AUX
ftr-490	1666	49	not	not	PART
ftr-490	1666	50	be	be	AUX
ftr-490	1666	51	tied	tie	VERB
ftr-490	1666	52	to	to	ADP
ftr-490	1666	53	the	the	DET
ftr-490	1666	54	ownership	ownership	NOUN
ftr-490	1666	55	interest	interest	NOUN
ftr-490	1666	56	in	in	ADP
ftr-490	1666	57	the	the	DET
ftr-490	1666	58	underlying	underlying	ADJ
ftr-490	1666	59	property	property	NOUN
ftr-490	1666	60	.	.	PUNCT
ftr-490	1667	1	nor	nor	CCONJ
ftr-490	1667	2	should	should	AUX
ftr-490	1667	3	it	it	PRON
ftr-490	1667	4	be	be	AUX
ftr-490	1667	5	tied	tie	VERB
ftr-490	1667	6	to	to	ADP
ftr-490	1667	7	the	the	DET
ftr-490	1667	8	uses	use	NOUN
ftr-490	1667	9	to	to	PART
ftr-490	1667	10	which	which	PRON
ftr-490	1667	11	the	the	DET
ftr-490	1667	12	loan	loan	NOUN
ftr-490	1667	13	proceeds	proceed	NOUN
ftr-490	1667	14	are	be	AUX
ftr-490	1667	15	put	put	VERB
ftr-490	1667	16	-	-	PUNCT
ftr-490	1667	17	whether	whether	SCONJ
ftr-490	1667	18	deductible	deductible	ADJ
ftr-490	1667	19	or	or	CCONJ
ftr-490	1667	20	nondeductible	nondeductible	ADJ
ftr-490	1667	21	.	.	PUNCT
ftr-490	1668	1	the	the	DET
ftr-490	1668	2	accession	accession	NOUN
ftr-490	1668	3	to	to	ADP
ftr-490	1668	4	wealth	wealth	NOUN
ftr-490	1668	5	arises	arise	VERB
ftr-490	1668	6	solely	solely	ADV
ftr-490	1668	7	because	because	SCONJ
ftr-490	1668	8	of	of	ADP
ftr-490	1668	9	the	the	DET
ftr-490	1668	10	failure	failure	NOUN
ftr-490	1668	11	to	to	PART
ftr-490	1668	12	repay	repay	VERB
ftr-490	1668	13	loan	loan	NOUN
ftr-490	1668	14	proceeds	proceed	NOUN
ftr-490	1668	15	previously	previously	ADV
ftr-490	1668	16	received	receive	VERB
ftr-490	1668	17	free	free	ADJ
ftr-490	1668	18	of	of	ADP
ftr-490	1668	19	tax	tax	NOUN
ftr-490	1668	20	on	on	ADP
ftr-490	1668	21	the	the	DET
ftr-490	1668	22	assumption	assumption	NOUN
ftr-490	1668	23	that	that	SCONJ
ftr-490	1668	24	they	they	PRON
ftr-490	1668	25	would	would	AUX
ftr-490	1668	26	be	be	AUX
ftr-490	1668	27	repaid	repay	VERB
ftr-490	1668	28	with	with	ADP
ftr-490	1668	29	after	after	ADP
ftr-490	1668	30	-	-	PUNCT
ftr-490	1668	31	tax	tax	NOUN
ftr-490	1668	32	dollars	dollar	NOUN
ftr-490	1668	33	.	.	PUNCT
ftr-490	1669	1	when	when	SCONJ
ftr-490	1669	2	that	that	PRON
ftr-490	1669	3	fails	fail	VERB
ftr-490	1669	4	to	to	PART
ftr-490	1669	5	transpire	transpire	VERB
ftr-490	1669	6	,	,	PUNCT
ftr-490	1669	7	the	the	DET
ftr-490	1669	8	debtor	debtor	NOUN
ftr-490	1669	9	realizes	realize	VERB
ftr-490	1669	10	ordinary	ordinary	ADJ
ftr-490	1669	11	19921	19921	NUM
ftr-490	1669	12	florida	florida	PROPN
ftr-490	1669	13	tax	tax	PROPN
ftr-490	1669	14	review	review	NOUN
ftr-490	1669	15	cod	cod	NOUN
ftr-490	1669	16	income	income	NOUN
ftr-490	1669	17	,	,	PUNCT
ftr-490	1669	18	notwithstanding	notwithstanding	ADP
ftr-490	1669	19	the	the	DET
ftr-490	1669	20	fact	fact	NOUN
ftr-490	1669	21	that	that	SCONJ
ftr-490	1669	22	the	the	DET
ftr-490	1669	23	event	event	NOUN
ftr-490	1669	24	undermining	undermine	VERB
ftr-490	1669	25	the	the	DET
ftr-490	1669	26	prior	prior	ADJ
ftr-490	1669	27	assumption	assumption	NOUN
ftr-490	1669	28	that	that	SCONJ
ftr-490	1669	29	the	the	DET
ftr-490	1669	30	loan	loan	NOUN
ftr-490	1669	31	proceeds	proceed	NOUN
ftr-490	1669	32	would	would	AUX
ftr-490	1669	33	be	be	AUX
ftr-490	1669	34	repaid	repay	VERB
ftr-490	1669	35	in	in	ADP
ftr-490	1669	36	full	full	ADJ
ftr-490	1669	37	with	with	SCONJ
ftr-490	1669	38	after	after	ADP
ftr-490	1669	39	-	-	PUNCT
ftr-490	1669	40	tax	tax	NOUN
ftr-490	1669	41	dollars	dollar	NOUN
ftr-490	1669	42	happens	happen	VERB
ftr-490	1669	43	to	to	PART
ftr-490	1669	44	be	be	AUX
ftr-490	1669	45	a	a	DET
ftr-490	1669	46	transfer	transfer	NOUN
ftr-490	1669	47	of	of	ADP
ftr-490	1669	48	the	the	DET
ftr-490	1669	49	securing	securing	NOUN
ftr-490	1669	50	property	property	NOUN
ftr-490	1669	51	.	.	PUNCT
ftr-490	1670	1	the	the	DET
ftr-490	1670	2	evolution	evolution	NOUN
ftr-490	1670	3	of	of	ADP
ftr-490	1670	4	debt	debt	NOUN
ftr-490	1670	5	-	-	PUNCT
ftr-490	1670	6	discharge	discharge	NOUN
ftr-490	1670	7	theory	theory	NOUN
ftr-490	1670	8	has	have	AUX
ftr-490	1670	9	increasingly	increasingly	ADV
ftr-490	1670	10	recognized	recognize	VERB
ftr-490	1670	11	its	its	PRON
ftr-490	1670	12	tax	tax	NOUN
ftr-490	1670	13	-	-	PUNCT
ftr-490	1670	14	benefit	benefit	NOUN
ftr-490	1670	15	underpinnings	underpinning	NOUN
ftr-490	1670	16	and	and	CCONJ
ftr-490	1670	17	has	have	AUX
ftr-490	1670	18	increasingly	increasingly	ADV
ftr-490	1670	19	recognized	recognize	VERB
ftr-490	1670	20	that	that	SCONJ
ftr-490	1670	21	the	the	DET
ftr-490	1670	22	liability	liability	NOUN
ftr-490	1670	23	should	should	AUX
ftr-490	1670	24	be	be	AUX
ftr-490	1670	25	analyzed	analyze	VERB
ftr-490	1670	26	for	for	ADP
ftr-490	1670	27	tax	tax	NOUN
ftr-490	1670	28	purposes	purpose	NOUN
ftr-490	1670	29	separately	separately	ADV
ftr-490	1670	30	from	from	ADP
ftr-490	1670	31	the	the	DET
ftr-490	1670	32	ownership	ownership	NOUN
ftr-490	1670	33	interest	interest	NOUN
ftr-490	1670	34	in	in	ADP
ftr-490	1670	35	the	the	DET
ftr-490	1670	36	securing	securing	NOUN
ftr-490	1670	37	property	property	NOUN
ftr-490	1670	38	.	.	PUNCT
ftr-490	1671	1	thus	thus	ADV
ftr-490	1671	2	,	,	PUNCT
ftr-490	1671	3	a	a	DET
ftr-490	1671	4	reduction	reduction	NOUN
ftr-490	1671	5	of	of	ADP
ftr-490	1671	6	nonrecourse	nonrecourse	NOUN
ftr-490	1671	7	indebtedness	indebtedness	NOUN
ftr-490	1671	8	without	without	ADP
ftr-490	1671	9	transfer	transfer	NOUN
ftr-490	1671	10	of	of	ADP
ftr-490	1671	11	the	the	DET
ftr-490	1671	12	collateral	collateral	NOUN
ftr-490	1671	13	is	be	AUX
ftr-490	1671	14	now	now	ADV
ftr-490	1671	15	considered	consider	VERB
ftr-490	1671	16	to	to	PART
ftr-490	1671	17	result	result	VERB
ftr-490	1671	18	in	in	ADP
ftr-490	1671	19	cod	cod	NOUN
ftr-490	1671	20	income	income	NOUN
ftr-490	1671	21	,	,	PUNCT
ftr-490	1671	22	not	not	PART
ftr-490	1671	23	in	in	ADP
ftr-490	1671	24	a	a	DET
ftr-490	1671	25	basis	basis	NOUN
ftr-490	1671	26	reduction	reduction	NOUN
ftr-490	1671	27	as	as	ADP
ftr-490	1671	28	under	under	ADP
ftr-490	1671	29	earlier	early	ADJ
ftr-490	1671	30	views	view	NOUN
ftr-490	1671	31	of	of	ADP
ftr-490	1671	32	nonrecourse	nonrecourse	NOUN
ftr-490	1671	33	debt	debt	NOUN
ftr-490	1671	34	.	.	PUNCT
ftr-490	1672	1	it	it	PRON
ftr-490	1672	2	is	be	AUX
ftr-490	1672	3	time	time	NOUN
ftr-490	1672	4	to	to	PART
ftr-490	1672	5	take	take	VERB
ftr-490	1672	6	the	the	DET
ftr-490	1672	7	last	last	ADJ
ftr-490	1672	8	step	step	NOUN
ftr-490	1672	9	.	.	PUNCT
ftr-490	1673	1	it	it	PRON
ftr-490	1673	2	is	be	AUX
ftr-490	1673	3	time	time	NOUN
ftr-490	1673	4	,	,	PUNCT
ftr-490	1673	5	in	in	ADP
ftr-490	1673	6	the	the	DET
ftr-490	1673	7	continuing	continue	VERB
ftr-490	1673	8	evolution	evolution	NOUN
ftr-490	1673	9	of	of	ADP
ftr-490	1673	10	debt	debt	NOUN
ftr-490	1673	11	-	-	PUNCT
ftr-490	1673	12	discharge	discharge	NOUN
ftr-490	1673	13	theory	theory	NOUN
ftr-490	1673	14	,	,	PUNCT
ftr-490	1673	15	to	to	PART
ftr-490	1673	16	recognize	recognize	VERB
ftr-490	1673	17	that	that	SCONJ
ftr-490	1673	18	the	the	DET
ftr-490	1673	19	collapsed	collapse	VERB
ftr-490	1673	20	approach	approach	NOUN
ftr-490	1673	21	is	be	AUX
ftr-490	1673	22	not	not	PART
ftr-490	1673	23	defensible	defensible	ADJ
ftr-490	1673	24	.	.	PUNCT
ftr-490	1674	1	it	it	PRON
ftr-490	1674	2	is	be	AUX
ftr-490	1674	3	time	time	NOUN
ftr-490	1674	4	to	to	PART
ftr-490	1674	5	discard	discard	VERB
ftr-490	1674	6	tufts.218	tufts.218	NOUN
ftr-490	1674	7	218	218	NUM
ftr-490	1674	8	.	.	PUNCT
ftr-490	1675	1	will	will	AUX
ftr-490	1675	2	it	it	PRON
ftr-490	1675	3	happen	happen	VERB
ftr-490	1675	4	?	?	PUNCT
ftr-490	1676	1	i	i	PRON
ftr-490	1676	2	would	would	AUX
ftr-490	1676	3	not	not	PART
ftr-490	1676	4	bet	bet	VERB
ftr-490	1676	5	the	the	DET
ftr-490	1676	6	ranch	ranch	NOUN
ftr-490	1676	7	.	.	PUNCT
ftr-490	1677	1	as	as	SCONJ
ftr-490	1677	2	professor	professor	NOUN
ftr-490	1677	3	shaviro	shaviro	NOUN
ftr-490	1677	4	commented	comment	VERB
ftr-490	1677	5	with	with	ADP
ftr-490	1677	6	respect	respect	NOUN
ftr-490	1677	7	to	to	ADP
ftr-490	1677	8	other	other	ADJ
ftr-490	1677	9	outdated	outdated	ADJ
ftr-490	1677	10	ideas	idea	NOUN
ftr-490	1677	11	pertaining	pertain	VERB
ftr-490	1677	12	to	to	ADP
ftr-490	1677	13	nonrecourse	nonrecourse	VERB
ftr-490	1677	14	debt	debt	NOUN
ftr-490	1677	15	:	:	PUNCT
ftr-490	1677	16	"	"	PUNCT
ftr-490	1677	17	man	man	NOUN
ftr-490	1677	18	may	may	AUX
ftr-490	1677	19	be	be	AUX
ftr-490	1677	20	mortal	mortal	ADJ
ftr-490	1677	21	,	,	PUNCT
ftr-490	1677	22	but	but	CCONJ
ftr-490	1677	23	legal	legal	ADJ
ftr-490	1677	24	doctrine	doctrine	NOUN
ftr-490	1677	25	endures	endure	VERB
ftr-490	1677	26	.	.	PUNCT
ftr-490	1677	27	"	"	PUNCT
ftr-490	1678	1	shaviro	shaviro	NOUN
ftr-490	1678	2	,	,	PUNCT
ftr-490	1678	3	supra	supra	NOUN
ftr-490	1678	4	note	note	NOUN
ftr-490	1678	5	9	9	NUM
ftr-490	1678	6	,	,	PUNCT
ftr-490	1678	7	at	at	ADP
ftr-490	1678	8	457	457	NUM
ftr-490	1678	9	.	.	PUNCT
ftr-490	1679	1	[	[	X
ftr-490	1679	2	vol	vol	NOUN
ftr-490	1679	3	1:3	1:3	NUM