Monthly Archives: August 2016

California Real Estate professionals….Watch out for this new ruling !

Real estate professional status didn’t make rental losses automatically deductible !!   Gragg vs. U.S., (CA 9 8/4/2016) 118 AFTR 2d ¶ 2016-5091 The Court of Appeals for the Ninth Circuit, affirming the district court, has held that for purposes … Continue reading

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