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In the Foreign tax Credits section : "Deductions from foreign real property income" Which deductions are we talking about ?
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October 30, 2019
8:49 PM
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Investors and rental owners
Deductions would refer to expenses against gross income not claimed any where else on the tax return. Or if the income reported from foreign sources was already net of expenses such as reported on a slip for financial statement.
October 30, 2019
8:49 PM