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Bill Koch took a $43 million income tax loss on his $63 million Cape Cod vacation home,

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Thu, 20 Jun 19 5:33 PM | 21 view(s)
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Bill Koch took a $43 million income tax loss on his $63 million Cape Cod vacation home, @DCReportMedia reveals in The Koch Papers, Part 4.

Congress says you cannot deduct losses on losses on personal homes, but Koch did it anyway and claims it is A-OK.

http://www.dcreport.org/2019/06/20/a-real-estate-deal-that-should-have-raised-red-flags-at-the-irs/




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