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The attached article, Skip the Dorm, Buy your kid a Condo, discusses some tax planning measures that you can readily identify with and that coincide with LO 5 Real Estate Rentals of Ch 14 as well as P
The attached article, Skip the Dorm, Buy your kid a Condo, discusses some tax planning measures that you can readily identify with and that coincide with LO 5 Real Estate Rentals of Ch 14 as well as Passive Activities that we covered in Ch 7. Read the article and see if you agree with the author's suggestions. Alternatively, do you think the IRS would have any issues here? Comment on your thoughts. No required length.