Angela owns a duplex. She rents out one unit and lives in the other. During the current
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Angela owns a duplex. She rents out one unit and lives in the other. During the current year, she pays $4,500 in interest on the loan she used to buy the duplex, $900 in property taxes on the duplex, and $1,200 in dues to the duplex association which maintains the grounds and the swimming pool.
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Related Book For
Concepts In Federal Taxation 2011
ISBN: 9780538467926
18th Edition
Authors: Kevin E. Murphy, Mark Higgins
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