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Investors & landlords
Thank you so much for this. This is the method I originally used, but since this is real estate property the depreciation was originally set up with a land value. When I indicate I sold the property (to insurance) it wants to know how much I sold the land for. If I put zero, it will give me a loss (as if I gave the land away). If I give it a value, the land is included with the sale, but I still own the land and still have expenses associated with it. Thank you in advance for any help you can offer.
‎June 1, 2019
8:17 AM