
Tax Alert
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.
Provides more time to elect out of 163(j) interest deduction limitation for taxpayers with certain real property or farming businesses.
For real estate investors and businesses, the final tax reform bill makes several significant changes compared to prior law.
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