@Rick19744 wrote:
- As a result of bullet number 1, I don't know which figure TT is wanting when asking the question; it could be FMV (which drives the economics of the deal), or it may be your adjusted basis of the property contributed. Possibly @Anonymous_ can provide guidance as to where this question leads to within TT.
This being an asset that was contributed to the partnership, and depreciable, there will be an entry for the property the partner contributed to the partnership and also, of course, another entry in the appropriate asset entry section of the program, the latter being in the Rental Real Estate section of the program.
