Prepay 2018 property taxes in 2017 and keep deduction to get around 2018 limitation. Deadline December 31, 2017.
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Former Member
Some will benefit from this concession, while others may not due to the systems in each district/area.
I have a very close friend whose yearly real estate tax is like around 50k.
With no deduction the brother may have to sell.
Former Member
Chief posted:I have a very close friend whose yearly real estate tax is like around 50k.
With no deduction the brother may have to sell.
How about him setting up an LLC and doing a sale-leaseback. Is he a businessman?
Baseman posted:Chief posted:I have a very close friend whose yearly real estate tax is like around 50k.
With no deduction the brother may have to sell.
How about him setting up an LLC and doing a sale-leaseback. Is he a businessman?
Yep, he is . I am sure his accountant will find ways to skin the cat.
Former Member
Chief posted:Baseman posted:Chief posted:I have a very close friend whose yearly real estate tax is like around 50k.
With no deduction the brother may have to sell.
How about him setting up an LLC and doing a sale-leaseback. Is he a businessman?
Yep, he is . I am sure his accountant will find ways to skin the cat.
The smarter the government the wiser the population. Trump think he skont smart, he never met Guyanese!!
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