Hi! I received two 1099s:
- One for the sale of unit 1 from the investment group (my husband, myself, and our investment partner) to just my husband and I. This is for $225k, but is an arbitrary number because we chose our own sales price to ourselves.
- One for the sale unit 2 from the investment group to other owners.
For the first 1099, how do I report that I didn't actually receive $225k from the sale of this property?
