I have always assumed it was correct, so I imagine there is a good chance mine are wrong also. I feel like this is a bug in the software that they are responsib...
FYI loan payoff does matter with 1031 exchange: the IRS cares about how much cash you got from the reliquished property and wants to make sure it goes back into...
I just found this, but still not able to deduct after this date2010—Subsec. (h). Pub. L. 111–312 substituted "December 31, 2011" for "December 31, 2009".
This topic seems much more complicated. When I internet searched section 198 election, I found this:(h) Termination. This section shall not apply to expenditure...
