WebMar 6, 2024 · Chase application rules. The 5/24 rule. Two cards every 30 days. No limit on how many cards you can have. The 24 & 48 month rule. Family card rules. Citi application rules. One Card every eight days, two cards every 65 days. The 24 month rule. WebJan 25, 2024 · Current Citi [anti-]churning policy. I’d currently rank Citi #3 among popular bank point programs with Chase and AmEx #1 and #2. ... There seemed to be clarity at the time of that post on what we all thought the rules were, but things trailed off from there in terms of people actually going through the process and getting the bonus (or not ...
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WebNew Field Attorney Advice Explores the Intersection of § 1253 with the Anti-Churning Rules of § 197. A new IRS legal advice memorandum addresses a fact pattern that may … Webrules are complex, appear now to be unfair, result in transactions with almost identical economics having dif-ferent tax consequences, and cause taxpayers to restruc-ture their nontax-motivated business transactions to avoid the rules, the time has come for the repeal of the antichurning rules in section 197(f)(9). II. Statutory and Regulatory ... canned pear butter recipes homemade
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WebFeb 2, 2016 · Citi 24/48-Month Churning Rule Explained in Detail. Citi Premier 75,000 Points Signup Bonus. Citi / AAdvantage Platinum Select World Elite MasterCard – 75,000 Miles ... Separately, I already had a Premium Rewards card, and they approved me for a second despite the 24 month anti-churning language. I have Platinum Honors status … WebThe 24-month clock resets every time a Citi card is opened, closed, or changed to a different Citi card. There’s also a 8/65 rule: no more than 1 Citi credit card application in 8 days, and no more than 2 applications in 65 days. And a 6/6 rule: no more than 6 hard inquiries in the past 6 months (ideally zero hard inquiries). WebIn PLR 202420013, the IRS ruled that the anti-churning rules of Section 197(f)(9) and Treas. Reg. Section 1.197-2(h) do not apply to limit the amount of amortization otherwise … canned peach pie filling recipe cornstarch