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Investors & landlords
This answer about the original post is turning out to be very helpful. I realized I was wrongly completing the "Sale of a business asset" section when I should just note the disposition of the rental property -- as well as related depreciating assets.
So how do you spread the sales price (and the expenses of the sale) over the depreciating assets? Proportionally? Like, I had electrical rewiring done -- I have to figure out some sort of sales price for it?
‎February 16, 2020
6:26 PM