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To: BlueCrab who wrote (22820)4/19/1999 11:30:00 PM
From: JF Quinnelly  Read Replies (1) | Respond to of 71178
 
You might want to look into partnerships that provide financing for federally approved low income housing. California is also a high tax state, and these partnerships provide you with actual tax credits against your state tax, not simply deductions. It's possible to have enough credits to where you won't have to pay state income tax for years.