Gentlemen
i have heard discussions regarding the Taxes which pass through to Co-OP shareholders. Some have indicated that this particular component of an individual's Real Estate tax deduction is not subject to the $10,000 ceiling limit which has recently imposed.
i was not aware of any exception to the limit.
Is this true ? Can anyone comment ?
Regards
Abby
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Abby Alhante
KURCIAS & ALHANTE, CPAs LLC
Melville NY
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