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Investors & landlords
I have a similar situation and have followed the advice above in TT. In your answer above it states: "This will generate a loss on the disposal of your asset.” I can’t see where in TT this loss shows up, nor do I see it on my draft 1040 form as line 13 (capital loss) remains blank? Where in TT does TT generate the capital loss for this “disposed of” asset?
June 4, 2019
6:09 PM