Subdivider Jonathan had a mortgage loan on his entire housing subdivision. When he sold a lot to a buyer, he was able to deliver title to that lot free of the mortgage lien by obtaining a partial release. What type of loan did the developer have?

If a U.S. Tax Court agrees with the taxpayer on appeal that the IRS position was largely unjustified, which of the following is correct?

A. The taxpayer may recover administrative but not litigation costs B. The taxpayer must still pay administrative and litigation costs C. To be eligible to recover some of the administrative and litigation costs, the taxpayer must have tried to resolve the case administratively, including going through the appeals process, and must have given the IRS the information necessary to resolve the case D. The taxpayer may recover litigation but not administrative costs E. None of these choices are correct

List the seven major performance appraisal methods

What will be an ideal response?