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Investors & landlords
I sold my home and vacant lot next to my home to two separate buyers on the same date in 2020. From what I understand based on Pub 523 I can claim the sale of the home and land as a single transaction since I meet the eligibility test. How do I do this? Do I just add the two sales together and enter them under the Sale of Home in Turbo Tax? I did receive a1099S for the sale of the home and land. Thanks!
‎January 22, 2021
11:29 AM