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Do I enter asset sale price as 70k in sale of rental? Contract price 80k. Land value today 10k.
When entering the property (the home itself) in the depreciation schedule and clicking "I sold it this year", it asks for the sales information. See above numbers. Then when I enter the next asset ie. roof, CHA, appliances it asks for the same sales info. Do I leave those blank?
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‎February 5, 2022
12:21 PM