Investors & landlords

Refinance fees .... the balance is deductible in the year of sale ... indicate this in the program.

 

All sold assets ... divide the sales price and cost of sale between all the assets sold based on the % of the total basis.  IE ...

 

House     100   / 160 = 63%

land           30  / 160 = 19%

cabinets    20 / 160  =  13%

doors         10 / 160  =  5%

total         160