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Investors & landlords
See About Publication 544, Sales and Other Dispositions of Assets to learn what to do and then it is reported on About Form 4797, Sales of Business Property.
You only want to use:
- % of business basis (FMV when converted),
- depreciation - actual or amount from standard mileage rate used each year
- % business sales price.
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March 2, 2026
9:22 AM
1,206 Views