Get IRS 4952 2017
Don't have any carryover of disallowed investment interest expense from 2016. Allocation of Interest Expense Page 3 Exception. A working interest in an oil or gas property that you held directly or through an entity that didn't limit your liability is property held for investment, but only if you didn't materially participate in the activity. Part II Net Investment Income Line 4a Gross income from property held for investment includes income, unless derived in the ordinary course of a tr.
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