Evan KirkpatrickFeb 13, 20192 minGetting The Discount for Your Rental Real Estate Business (SEC. 199A for Rental Real Estate)The Tax Cuts and Jobs Act (also known as the Trump tax reform) implemented Internal Revenue Code Section 199A, which offers a deduction of up to 20% of the i...
Evan KirkpatrickJul 3, 20181 minReal Real Estate Business?A court rules that a taxpayer wasn’t in the business of flipping houses, so he couldn’t deduct expenses. The U.S. Tax Court has determined that a taxpayer wh...
