IRS Chief Counsel Checks 1986 Committee Reports To Give Break On Foreclosed Real Estate

It’s nice when the IRS Chief Counsel cuts down on their luck taxpayers some slack .  There was concern that when a wannabee real estate genius had it all fall apart their suspended losses might still be disallowed.  CCA 201415002 (sorry can’t find a free link) at least reassures them [...]

IRS Chief Counsel Checks 1986 Committee Reports To Give Break On Foreclosed Real Estate

#IRSChiefCounselChecks, #CommitteeReports