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@Carl You wrote:  it won't affect anything, even when you report the sale of that land on next year's tax return

 

When I looked at TTax for the Land Asset, Special Handling, "Convert to 100% Personal Use", the "Learn more" box says  "If during the time you used the asset for business your percentage of business use was less than 100%, you will have two sales to report".

 

Is this going to apply to my situation of selling non-depreciable land in 2023?  Or is my situation specific enough that this is not applicable.  As a converted asset I presume next year it will be reported in the Investment Income section.  

 

If I have to report it twice then it seems like converting it has no advantage, or am I missing something?

 

Thanks again for all the help and tips