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Dmdmd2020

04/01/18 6:07 PM

#515477 RE: 2221 #515465

IMO...all the IRS cares about is getting taxes (from any entity that makes a profit ) ASAP. If assets from beneficial interests in MBS Trusts come in before the 3 year period, then it's better for the IRS. Therefore, I really don't know why there was a specific 3 year extension (I don't know the timing of those assets, maybe the WMILT informed the IRS about specific timing).

IMO...The sooner the better for all concerned.