Alternative minimum tax, recapture provisions and abandonments:

  • AMT:
    • Calculation of AMT;
    • Preference items; and
    • Relief from AMT;
  • Recapture provisions:
    • Code Section 1254; and
    • Code Section 1245;
  • Abandonments:
    • Deduction under Code Section 165; and
    • Timing of deduction.