TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Loss on Leasehold Interest

October 05, 2011

Today TaxMama hears from Gordon in the Tax Quips Forum, who wants fairness. “In 1996 I purchased a leasehold interest in a lot in a recreational vehicle park. The lot is on leased land owned by someone else. Since there was actually no real property I