Zurn v. Comr., T.C. Memo. 2012-132

(three oil and gas property exchanges failed to qualify for I.R.C. Sec. 1031 treatment; exchanges facilities through third-party intermediary, but taxpayer didn't sufficiently prove receipt of like-kind property - inconsistent documents, lack of proof of payments or that mortgages assumed, assignments not recorded and no income or expense on properties for years at issue).