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Reply to "i own a rental condo; any good ideas about how to maximize deductions?"
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[quote=Anonymous][quote=Anonymous]Wait so you are writing off questionable expenses and ignoring the income? Yes, that is illegal. Before, since you could conceivably claim you didn't know, it exposed you to civil liability. Now that you have been told it is illegal, you can be held criminally liable. So stop.[/quote] Yeah, you'd go to prison for that. The IRS has an 80% success rate in criminal cases.[/quote]
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