Yes, I understand that making the elections would make the deemed disposition not apply. But I am not fully understanding when the elections should be made. If ...
janisbossenberry, my issue with this approach is that when the property changes from personal use to rental again, isn't there a deemed disposition and hence ne...
janisbossenberry,thanks for your reply. I can imagine there must be not a few people who are in the same situation, ie rental->personal use -> rental again. So ...
It is stated that for a 45(3) election, the filing due date for this election is the filing-due date for the taxation year in which the property is ultimately d...