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Investors & landlords
@Carl wrote:....While the IRS has not completely establish total clarity on that yet that I can find, the interpretation of the "final regulations" allows it now.
The Regulations encompass tangible personal property and real property (so there is "total clarity").
As a result, tangible personal property that is permanently affixed to real property becomes "part of" that real property and is, therefore, specifically included.
‎July 21, 2022
8:16 AM