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 : Personal residence vs. rental property: analyzing loss carryovers.: An article from: The Tax Adviser
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Binding: Digital
Format: HTML
Label: American Institute of CPA's
Manufacturer: American Institute of CPA's
Number Of Pages: 4
Publication Date: October 01, 1996
Publisher: American Institute of CPA's
Release Date: July 28, 2005
Studio: American Institute of CPA's




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Product Description:
This digital document is an article from The Tax Adviser, published by American Institute of CPA's on October 1, 1996. The length of the article is 1157 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Maximizing the use of loss carryovers is central to the tax planning involved in the ownership and renting out of vacation homes or second residences. IRC section 469 and section 280A loss carryovers retain their separate character and can only be used in years in which the property at issue has the same character. When a taxpayer is planning to dispose of the property, the tax benefits of use of loss carryovers can be so substantial that use of the property should be consistent with ensuring that the most loss deductions can be used.

Citation Details
Title: Personal residence vs. rental property: analyzing loss carryovers.
Author: Thomas M., Jr. Brinker
Publication: The Tax Adviser (Magazine/Journal)
Date: October 1, 1996
Publisher: American Institute of CPA's
Volume: 27 Issue: n10 Page: 607(3)

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