Posted by Check Break on February 11, 2017 at 16:40:37 from (47.143.124.66):
In Reply to: Depreciation posted by Texasmark1 on February 10, 2017 at 14:50:33:
Don't sell yourself short. Ps, llc and tr returns aren't walks in the park.
The Tax Code can be extremely frustrating, in that it often doesn't make sense until you figure out the reason for the rule (as in who benefited to everyone else's detriment). Sometimes, after you figure it out, the rule you're relying upon will be undone by another code section (the gov't-s way of making sure you don't get in on the deal).
"Use it or lose it" is just something I learned a long time ago. Now you know it too.
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