ST Alpha - "I thought it was the appraised or 'reasonable' value. a huge tax loop hole for sure but was it closed? " (Reading a Post)

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In response to "Tax basis is essentially what you paid for something. " by spamlet

I thought it was the appraised or 'reasonable' value. a huge tax loop hole for sure but was it closed?

Posted by zeitgeist Sep 21 '21, 13:29

people would donate a bunch of crap to a 'museum' and get a huge write off for the heirloom treasures

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