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Taxation & Estate Planning

: TaxProf Blog

Faisal Shahzad's Tax Problem

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Faisal Shahzad, the attempted Times Square bomber, purchased his home at 119 Long Hill Avenue, Shelton, CT in July 2004 for $273,000 -- he put down 20% ($54,600) and took out a conventional 30-year mortgage loan from Chase for $218,400. In February 2009, he took out a $65,000 equity line...

Full post as published by TaxProf Blog on May 09, 2010 (boomark / email).

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