Yes ,I do own the land my house is on and yes there was already an easement in place since the 1940's! from what they said the money was for digging all new holes, replacing the old poles as well as adding in additional poles where they was not before. they gave me an amount that was per each hole dug and the total was $1.400.00. it was a mess when they left too. Okay I can see that that could of been for land damages and restoration work for us.
when you said use that same value as the cost value of the property so it comes to zero, Where do I put this down on the 1040 form or schedule exactly?
