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Get your taxes done using TurboTax
I am confused. I was a limited partner of a real estate crowdfunding investment. My investment was $25,000. I view that as the cost basis. The property was sold recently and I made a nice profit. I am trying to determine if the net gain on the sale of the property, as reflected on the Schedule K-1, includes the initial investment.If not, where on the K-1 is the initial investment reflected?
Michael Weinstein
Pittsburgh, PA
‎April 20, 2020
5:32 PM