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Where to enter purchase closing cost as cost basis on sale of a rental converted from primary
I converted primary home to rental for 2 years and sold in 2020. I'm using Turbotax premier. Where to enter the closing cost paid at purchase? I paid real estate commissions on purchase so it's a material amount to add to the cost basis. I tried to add as a separate asset in the rental disposition section and Turbotax asks in service date treating it as asset or improvement. But purchase closing cost doesn't amortize, does it?
Thanks
‎April 3, 2021
9:18 PM