Credit: Funtap/Adobe Stock Tax Court Addresses Real Estate Interest Deductions
The federal income tax treatment of interest deductions is often complex and unintuitive. A recent Tax Court case, Cardulla v. Commissioner, addressed a number of issues that may be relevant for taxpayers with interest expense on debt attributable to real estate activities.
October 24, 2023 at 10:00 AM
6 minute read
The federal income tax treatment of interest deductions is often complex and unintuitive. A recent Tax Court case addressed a number of issues that may be relevant for taxpayers with interest expense on debt attributable to real estate activities.
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