{
  "id": "DEF_GAIN_EXEMPT_FUNCTION_PROPERTY",
  "name": "Nonrecognition of Gain on Exempt Function Property",
  "category": "timing",
  "jurisdiction": "federal",
  "eligibility_type": "opportunity",
  "eligibility": {
    "description": "Applies to social clubs (501(c)(7)), VEBAs (501(c)(9)), and SUBs (501(c)(17)) that reinvest sale proceeds into new exempt-use property.",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "deadline_passed",
    "retroactive_note": "Action required during tax year — verify if still applicable",
    "forward_status": "available"
  },
  "description": "Allows for the deferral/nonrecognition of gain on the sale of property used for an exempt function if replaced with similar property within a specific window (1 year before to 3 years after sale).",
  "irc_reference": "IRC §512(a)(3)(D)",
  "deadline": "",
  "savings_potential": "medium",
  "benefits": "business",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}