Requiem9939 Requiem9939
  • 05-01-2018
  • Business
contestada

What is the tax court method of allocating rental property expenses?

Respuesta :

andriansp andriansp
  • 15-01-2018
allocation is based on total days owned in the year,
The advantage of the tax court is that it would allow more deduction for maintenance that keep the value of your property.
The irs method on the other hand, would give more benefit because it give you more profit in the perspective of business operation.
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