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Final Pass-Through Regulations Issued Just in Time for Filing Season

As discussed in our prior alert, the proposed Section 199A regulations provided welcome guidance regarding the application of the pass-through deduction across related entities but left many questions unanswered. ...more

IRS Provides Real Estate Rental Safe Harbor to Qualify for Pass-Through Deduction

When proposed regulations under new Section 199A were issued regarding the deduction for pass-through entities, many real estate professionals were frustrated by the use of Section 162 to define a “trade or business” eligible...more

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