Listed transaction help
I was really pleased. I had what the IRS seems to call a listed transaction.
That's a transaction that the IRS finds to be abusive. But I was sold the vehicle without actually understanding this (horrible broker and not so knowledgeable accountant ...that will be another post) So I took a chance and actually contacted someone who seems to be all over the internet and he helped me when no one seemed to be able to help me.
I got away without the heavy fine that I thought I would have to pay. Saved me thousands and thousands....His name is Lance Wallach and I totally recommend him.