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Investors & landlords
If I recall correctly -but I haven't gone back to check each year, although I do have all of them stored somewhere - I reported everything I was supposed to after each move. For the sake of argument, assume I made a profit of $10K on each move and there were 10 moves. Would that mean my basis in the last house (the $240K one) was only $140K?
‎November 2, 2023
5:44 PM