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Investors & landlords
Hi Diane
Still working on it, I put in the asset like you said..
I was surprised to owe taxes on this asset?
my gross sales price $23000.00
Cost of asset payed $42448.00
Depreciation taken $41669.00
Adjust Basis $779.00
total gain $22221.00
taxed $ 2303.00
If I entered things correctly?
March 22, 2025
9:54 AM