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Investors & landlords
@nexchap, just to confirm, it's okay to make cost on the "Basis not reported" 1099-B = proceeds, since the correct income/gain info is on the forms you mentioned? And a big THANK YOU for your response. This all seems more confusing than it has to be, even without the partial sales problem mentioned in your link. And I haven't even gotten to the state return(s) yet.
Wish someone would do a Youtube video on this from the partner's perspective!
‎April 5, 2021
8:36 AM