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Business & farm
The cottage was not being used at all. It was just being held until we had time to fix it up for sale. We worked on it during 2017 and 2018 and finally sold it in 2019. We incurred and have documentation of expenses to fix it for sale. There just was no obvious place to add an asset within TurboTax Business, other than to add it as a rental property. We never intended to rent it, and of course never did rent it.
‎January 20, 2020
1:40 PM