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Get your taxes done using TurboTax
I am somewhat confused because I spoke with live help and they told me to enter the value of the land since it wasn' depreciated, even though that didn't sound right.
Old prop: sold for $386, 500 (originally purchased in 1990 for $94,000 and I don't have the original depreciation schedule from back then, but the structure value that I think they used to depreciate was $45, 623
We also got a check for excess funds after all commissions were paid of 14K
New Property: bought for $343,000
‎April 15, 2025
4:09 PM