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Deductions & credits
Hi JosephS1, thank you for the quick and helpful reply. Should I include the interest and related loan fees on the construction financing in my total cost basis for the property?
Also, I have other capital gains in 2022 that exceed my total loss amount on this property. Will I be able to take the full capital loss as a deduction against my other capital gains?
March 31, 2023
1:04 PM