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Deductions & credits
Thank you for your quick and kind response. That was the answer I was looking for. It didn't seem appropriate to use the $104k net proceeds figure, because that would have us carrying over the loss for the next 12-14 years. I wish the title company and realtor had placed the mortgage payoff somewhere else on the document than lumping it into the closing costs. Thanks again.
‎October 14, 2024
11:46 AM