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Updated almost 5 years ago on . Most recent reply

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Danny Breeden
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Section 199A deduction

Danny Breeden
Posted

If you qualify for a section 199A deduction, you can take 20% of the profit off the top then start with your deductions like repairs, improvements, tax, ins., depreciation etc.? Can you show a loss if without the 199A you would of had a profit of 15%?  

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