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Can rental losses be subtracted from capital gains when selling a rental investment property?

March 16th, 2009 Leave a comment Go to comments
  1. Mathew
    March 16th, 2009 at 19:25 | #1

    The only one that will make any money by you forming an LLC is the attorney that does it for you. Do not form an LLC in California under any circumstances if you gross is under a million dollars and in most cases not in that case if you are doing it for tax purposes.

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