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Business & farm
Retrying the link: https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-i-report-the-sale...
On allocating the adjustments: if the partnership didn't provide any lot-by-lot info, then doing it as you described (proportionally) is fine.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
‎April 7, 2021
7:14 AM