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Investors & landlords
Thank you for your response. A couple questions for you.
1. In terms of the bath reno, I don't see a selection for "Improvements" other than "Land improvements." Am I missing another selection?
2. How do i know how much of the portion of the sales proceeds to apply to each asset? Would it be the cost of each asset?
Is there a resource that spells out the directions in a step by step manner? I expected the turbo tax premier software to provide more guidance/ask me more questions to get to the correct answers but that is not the case. This community is the only place I can find answers thus far.
Thank you!
‎February 2, 2021
1:37 PM