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Get your taxes done using TurboTax
So here's what happens. The asset has always been there as I've been depreciating it since 2010. I show several years of passive loss carryovers and QBI carryovers. I lived in it briefly in 2013-2014 but it was rented from 2014 to 2020 when I sold it. I know I can add it back as an asset, but it would be a ton of work to get to my correct basis. I tracked expenses but made few capital improvements over the years
‎January 12, 2021
2:29 PM