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Investors & landlords
Excellent, thank you. In an earlier response in a community state where the entire basis is stepped up you directed the requestor to convert the property to personal use then acquire the new stepped up basis. How do I do this for my situation when only half the basis is stepped up. Can I convert half to personal use and then acquire the same property at the stepped up basis and only use half for personal use. I assume TurboTax allows this. Thank you
‎April 3, 2023
4:50 PM