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Investors & landlords
Investments expenses have not been specifically removed according to anything I have read. In fact, in the past investment expenses are miscellaneous itemized deductions (subject to the 2% of AGI limitation) and have not been allowed for AMT. Since AMT is repealed, that should actually help investors with significant investments expenses. The changes may not allow some people to itemize, thus not allowing them to use the investment expenses.
‎June 6, 2019
5:34 AM