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Investors & landlords
The loans and the cash you got back have nothing to do with reporting the sale.
Was this originally your personal property? If so, what was the Fair Market Value when you converted to Rental Property?
How much depreciation were you eligible to take while it was a rental property?
Was this originally your personal property? If so, what was the Fair Market Value when you converted to Rental Property?
How much depreciation were you eligible to take while it was a rental property?
‎June 4, 2019
6:59 PM