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Investors & landlords
since you got a 1099-div with liquidating distributions, my opinion is that this was a completely taxable transaction (only the REIT can answer for sure - but liquidations usually means the old stock was completely disposed of ) the sales price was the liquidating distributions both cash and non-cash. your basis in the new stock would be the amount of the noncash liquidating distributions.
‎January 1, 2021
12:09 AM