LOUIS AND DOROTHY R. ADLER v. COMMISSION In the Oregon Tax Court. March 26, 1968. Involuntary conversion — Similar property only 1. If a taxpayer receives only similar real property in exchange for real property involuntarily converted, no gain on the transaction is recognized. ORS 316.295(1)(a). Involuntary conversion — Reinvesting funds 2. Reg. 316.295(2) applies […]