Exam 1 of 5: Tax law

I was scrubbing three inches of snow off my car at 5:30am and arrived at school by 6.

After two hours of excitement and trying to make sense of § 1031 exchanges, I went to the exam room with a pile of books and tabbed notes. I didn’t feel the least bit ridiculous carrying so much crap because these are the tools of comfort. If the professor says open note, then I will bring my notes on the not-so-off chance that I will have to look up the answer to an obscure question.

The exam consisted of multiple choice and short answer. The multiple choice questions were pretty straightforward and not as hard as the questions on the practice exam. No odd-color questions besides the 1031 essay question.

The problem I had with studying the § 1031 material is that the numbers in Professor A’s examples were off…but, tax being OVER, this is all blissfully irrelevant until next semester’s corporate tax class.

1 down. Four to go. Now, off to prepare for exam #2: Employment law.