TaxMamas TaxQuips: Tax Quips
Lost Down Payment
February 24, 2011
Today TaxMama hears from Somsak in the TaxQuips Forum, who is hurting, badly. “In 2005 I signed a contract to purchase 2 units in a pre-construction CondoTel in Orlando, Florida. I submitted a 20% down payment of $211,960.
In 2008 the project was comp
Los Angeles, CA
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