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Investors & landlords
@Opus 17 I understand and appreciate your input. However, I don't want to "hope" I'm not audited. I want to do things right so if I am audited, I can be prepared to answer honestly and as accurately as possible. This is why I'm here asking questions. This is why tax is such a difficult situation because there are multiple different answers from people who believe they are correct. I'm not a tax professional so I just want to find the right answer.
Some gold has been bought over 20 years. Most had been bought in the last few years (2017-2020). I have no way of proving what he bought or when as we also don't have access anymore to old credit card receipts. I wish this was cut and dry but it appears it won't be.
March 3, 2021
11:46 AM