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Investors & landlords
Follow-up to your answer about the sale of gifted land.
Using 2019 Business TurboTax. Similar... Sold land with 16 undivided interest owners. Each owner has a different cost basis, that is not in accordance with % ownership, profit, or loss. I have the cost basis for each of the 16 undivided owners, but unable to determine how/where to enter the cost basis for each person.
Thanks,
Ken
‎July 7, 2020
5:58 PM