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LVBW
Certified Public Accountants – Buffalo, Rochester, Syracuse – WNY
LVBW
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  • About
    • Peer Review
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    • Privately Held Businesses
    • Canadian Businesses
    • Nonprofit Organizations
    • Individuals
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  • Services
    • Assurance & Financial Reporting
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New IRS Guidance Provides Rental Real Estate Safe Harbor for 20 Percent Pass-Through Deduction

UncategorizedBy LVBWFebruary 7, 2019

New IRS Guidance Provides Rental Real Estate Safe Harbor for 20 Percent Pass-Through Deduction Under the new 2017 Tax Act, there has been much uncertainty surrounding the question of when rental real estate operations qualify as a trade or business for purposes of the new code section 199A qualified business income deduction. The IRS has…

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