Sec. 503. Deduction allowed for interest and taxes relating to land for dwelling purposes owned or leased by cooperative housing corporations
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/bill/115/hr/4074/ih/section-503A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subparagraph
(B)of section 216(b)(1) of the Internal Revenue Code of 1986 is amended by inserting or land, after building, . The amendment made by subsection
(a)shall apply to amounts paid or accrued after December 31, 2016.