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RSC |
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2005-74 provided guidance on whether to treat such transactions as (1) a single sale of the residence from the employee to a third-party buyer or (2) two separate sales transactions--a sale of the residence to an RSC (acting as the employer's agent) and a sale by the RSC to a third party. The RSC argued that any spending to help Katrina's victims should be balanced by cuts elsewhere in the budget. Gordon, the court found that the owner met the requirements of the RSC and granted the owner possession of the apartment, although the owner did not provide the tenant with alternative housing. |
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