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Your client is a LL and T puts check in mail in Dec. and LL doesn’t get the rent till Jan. when does T deduct rent. can be used to disguise child support – allow high-income husband to pay extra alimony (deductible) to allow him to get out of higher taxes; car rentals, hotel. If you ... Get Doc
Www.law.nyu.edu
The debt of a purchaser of property to the seller of such property that arose out of the purchase of such property is reduced, He got less than the PV of rent payments because he can still rent out the property. as long as there was no way they could get out of the payment. ... View Document
Income Tax Review
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Tax Outline
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Federal Income Tax
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