RobertB4444
Expert Alumni

Deductions & credits

Yes, the opinion of value is the amount that you should use as your basis for the building.  Make certain that you save all of the records associated with that should there ever be any questions.

 

Yes, TurboTax will fill out the 6252 and then carry the numbers to any other necessary forms including schedule D.

 

@CJM22 

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