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no-name1
Level 5
February 11, 2024
Question

correction to 2nd question

  • February 11, 2024
  • 3 replies
  • 13 views

is vacant residential land lot considered Land (personal use) or Land (other investment purposes)

    3 replies

    DoninGA
    Level 15
    DoninGALevel 15
    Level 15
    February 11, 2024

    It depends on the purpose the land was being used for, either for your personal use, now and in the future, or an investment property where your intent was to sell the property, improved or not improved, for a gain.

    N
    no-name1Author
    Level 5
    February 11, 2024

    OK thanks - that clarifies the land characterization question.

     

    How do I delete the entries I've already made that show up on the Investment Sales Summary ?  I don't see any way to do it on that page or when I go to Forms.

    N
    no-name1Author
    Level 5
    February 12, 2024

    I answered it myself.  Go to Forms - highlight and hit delete

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