Hi quick clarification; first time investing in a company and I am really struggling with this section. So my 1099A presents like this:
So my questions/clarifications:
1. I report the combined Ordinary Income Loss from the bottom section (which is just the individual properties losses added up; so I think this makes sense)
2. "Other deductions" I again use the number at the summary I'm guessing
3. The individual properties report a W-2 Wage for each one; but the summary at the bottom doesn't. Should I add up each property W-2 and put that number there; or am I to leave it blank?
4. Are the listed "Unadjusted Basis of Assets" what I should add up and use in UBIA of qualified properties or should I leave that blank?
Sorry if this was confusing; I really appreciate any help or advice!
Naveen
