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Investors & landlords
The three assets could have been expensed and so qualify for this treatment.
But what is meant in Turbo Tax by 'Asset Sales Price' and 'Asset Sales Expense'? The 3 assets that had been depreciated were not sold separately - they were part of the house. Is 'Asset Sales Price' the price of the property? Or something else?
Thanks!
May 27, 2023
2:17 PM