Get your taxes done using TurboTax

Yes I purchased the property in 2002 for $7500. I borrowed $116,000 for the mortgage. Since I didn’t buy it from a real estate company my question is where is my proof that the total purchase price? The total purchase price was around $150,000 to $175,000 .but like I said before let’s just say I tell the IRS that the total purchase price is $160,000? I can’t be a 100% sure of the exact price, but that is the ballpark.