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Prepay 2019 inputs?
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IN555
Posted 1/24/2019 08:39 (#7268576 - in reply to #7268542)
Subject: RE: Prepay 2019 inputs?


NW Indiana
I could do the same tile project without deferred income and still have it as a deduction. I could borrow money and still deduct the tile. What if that 300k is carried over with operating money still against it? Which happens often. When you make money you will have a tax liability, it is hard to get around it.
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