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1099-S Received for flipping property
Escrow gave me a 1099S for this property.
Lets say the 1099S is for 280k
My cost basis for this was around the same.
I have a Schedule C for my other real estate activities.
Can I report this on my Schedule C?
It looks like it NEEDS to be on Schedule D??
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‎February 22, 2021
1:00 PM