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Deductions & credits
I'm not sure I understand. It's an investment property. Wouldn't I need to enter all my closing costs for TY20 since that's when it closed? And then they'd carry over to future years?
The property closed on 12/31/20, so there's no way I paid any non-prepaid taxes. But what about my appraisal, inspection, insurance, title fees, etc? Where do I put those in TT given that I had no investment property income because I didn't take possession of the house until 1/3/21?
ā€ˇFebruary 19, 2021
8:55 PM