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Sale of personal to rental in 1986
I bought a house in 1963, moved out in 1986 and it became a rental. I do not have any records back that far and I sold it in 2018. I have the deed of original sale for l5,000 and I sold it for 140,000,in 2018. The market value in 2018 is $260,000. I am unable to trace back that far land value, depreciation etc. I also put in a new septic system in 2013 for 21,160.00 and depreciated it for 3,501 thru 2017.
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‎June 3, 2019
1:11 PM