Dragan is an ordained minister. He moved to Memphis and lives in the nearby furnished parsonage, which
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Question:
Consult a Memphis realtor for a documented quote with comparable listings for the house.
Ask the church authorities. They are required to give him the FRV.
Reduce the Philadelphia fair rental value (FRV) by the size ratio of the new parsonage to the Memphis parsonage.
Estimate the fair rental value (FRV) based on other properties available in the area.
Related Book For
Canadian Income Taxation Planning And Decision Making
ISBN: 9781259094330
17th Edition 2014-2015 Version
Authors: Joan Kitunen, William Buckwold
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