Caterpillar Inc. created CAT U to meet its training and learning needs
Indicate whether the statement is true or false
TRUE
Business
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An apartment complex owner suffers a $5,000 operational loss. For federal income tax purposes, she may:
A. deduct the loss only if she lives in the apartment building B. deduct the full $5,000 from ordinary income C. deduct only $3,000 D. offset the loss against any capital gains realized during that tax year
Business
The finance charges for a loan may include
A) fees for a credit check. B) required insurance fees. C) interest payments. D) only choices A and B. E) All of the above choices.
Business