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Pitfalls and opportunities in distressed real estate investing

Pitfalls and opportunities in distressed real estate investing

Investors need to slow down enough to get their arms around the potential tax ramifications of any real estate acquisition.
IRS extends time to make 163(j) real property business elections

IRS extends time to make 163(j) real property business elections

Provides more time to elect out of 163(j) interest deduction limitation for taxpayers with certain real property or farming businesses.