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Recent Forum Activity
@Jason Munger I have a ton of questions. As a tax pro I see a couple ways this can go. Each with their own pluses and minuses. I would recommend employing a tax pro, the adv... See more13 replies
@Danny N. The IRS taxes the sale of land in foreign countries in the same way it does for land sold in the US. So in this case the sale of your property minus the basis equals... See more1 replies
Manson C. If you were losing 25K each year you definitely are doing something wrong. If you had more than $25k in losses you could carry it forward to a year that you can use ... See more14 replies
Authored Blog Posts
The value of the home mortgage interest deduction cannot be understood unless you understand the standard deduction and Schedule A of the 1040. Every person filing taxes is afforded a standard d...