mazaltaj
Returning Member

Investors & landlords

Ah, thank you! That feels helpful (gotta get in there and confront the software to confirm that feeling…)

 

But just to restate what I THINK I’m understanding you to say (the numbers in your example are jumbled on my end, so hard for me to use that for clarity):

 

I take the cost basis of the itemized asset and figure out it’s percentage of the cost basis of the whole property, and then use that percentage of the 2021 sales price to determine price of that asset?