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If all the general requirements (which vary based on your level of taxable income) are met, the deduction can be claimed for a rental real estate activity - but only if the activity rises to the level of being a trade or business. An...Read More
Tax filing season is here again, and millions of hardworking Americans are already dreaming of those fat refund checks. Unfortunately, many of them may be disappointed this year. The combination of recent changes to the tax law and...Read More