Dales son is a senior in high school and is planning to go away to college next

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Dale’s son is a senior in high school and is planning to go away to college next year. Dale would like to buy a house near the campus and rent it to his son. He comes to you for advice on the tax ramifications of this arrangement. What advice can you give him on setting up a rental arrangement with his son?

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Concepts In Federal Taxation

ISBN: 9780324379556

19th Edition

Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher

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