Hi,
Original property cost = 109000
Original property selling price = 800000
Purchased 2 properties:
Rental 1 cost = 612100
Rental 2 cost = 425000
Question - How do I do this in turbotax? I can do this fine for one property but cannot add for the second one. Do I create 2 like kind exchanges and cut the original property cost basis and selling price in half?
Thank you!!
David
