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Investors & landlords
@Carl This is helpful as we did receive rent from insurance through the date of the land sale, and therefor I can push out the date of disposition to the date of the sale. I had already entered the insurance "rent" as rental income. Everything happened in the same year, so that is good. I agree the state would get conflicting sale value information, but I have the paperwork to support all the numbers, so worst case is an audit and I can get advice on how I should have entered it all:-) You can tell I'm not afraid to dive right into the things I'm clueless on, LOL, but thank you for the help!
March 16, 2021
11:52 AM