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1. Passive investing requires an active owner and expert advice.

Author

Kass, Benny L.

Subjects
REAL estate investment
Abstract

Presents information on real estate investment in the Washington Metropolitan area. Reasons why persons invest in real estate; How such investment was considered before Congress changed tax laws in 1996; Creation of passive activities as a result of change; Information on concept; Major exclusions from passive activity rules; How proper understanding of rules could benefit the taxpayer.

Published
1997

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