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ConsRule
26 Aug 2022 3:06 pm
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3,376 posts
Blackvegetable » 26 Aug 2022, 2:57 pm » wrote: ↑ I know someone who held 1.2 million in mortgage obligations against 2 part time jobs paying a total of 20k per year.

I bet the write off was more than 35%..

Never heard boo from the IRS.
Good for you and them. Anecdotal evidence is proof of nothing...assuming it's even true.
 
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