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Investors & landlords
Be certain to indicate under the Property Profile section that you 'sold' the rental as well as under the asset/depreciation section. In the asset/depreciation section mark that the rental was sold/retired and indicate that 'special handling is required'. The disposition should still be recorded on Form 4797.
Let me know if this helps.
Let me know if this helps.
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‎June 4, 2019
9:32 PM