Tax Court method to allocate interest and taxes
See original discussion at http://www.taxalmanac.org/index.php/Discussion:Tax_Court_method_to_allocate_interest_and_taxes
My tax software includes a question in the Schedule E questionnaire that asks "use the tax court method to allocate interest and taxes"?
I'm not sure what this refers to ? I assume it is a specific method for breaking up the allocation by square footage when the rental property is owner occupied. Or am I off base here?
( Asked 05/13/11 07:20 PM in TaxAlmanac, Views by community 109 )