You'll need to sign in or create an account to connect with an expert.
When you own only a 50% share in a business property, you should only enter 50% of all numbers in TurboTax for the sale: cost basis, sale price, selling expenses, recaptured depreciation (if applicable). You should not enter the full amounts.
When you own only a 50% share in a business property, you should only enter 50% of all numbers in TurboTax for the sale: cost basis, sale price, selling expenses, recaptured depreciation (if applicable). You should not enter the full amounts.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
fquails
New Member
DRH50
Returning Member
Nicote
New Member
JAFO59
Level 1
Raeka
Level 5