Edwynn -> In a hand basket ... (5/10/2013 12:55:50 PM)
|
In the midst of all this 'sequestering,' dealing with the sins of past administrations (including this one), all the brouhaha about the cost, etc. ... Here now we have the IRS doing everything to counter that. http://www.nuwireinvestor.com/articles/irs-relaxes-reit-rules-59972.aspx If you run a prison farm, or you have a billboard, or probably, if you just have a web site that has the words "real estate" or "RE" somewhere at the bottom of the page (just make the effort), then you get the special tax treatment. Let's reduce revenues, as we award and incentivise and encourage 'legal' tax evasion. Yeah, that's the ticket. I can see this country getting back on track, I honestly believe, etc. OK, I actually do not see any of that, but let's have fun while we can.
|
|
|
|