Thank you. I was beginning to wonder if it was just me, and I was missing something. I have been using TTX for many years, and using it since 2009 for the rentals. I am kind of stuck with the program now, and would like to close out the rental sale(s) with the TTX history over the years. Part of the problem, is the folks giving advise, and getting frustrated with us, are all experts and frequent users. This is what they do. For the rest of us, it's not what we do everyday. So pardon us if it does not make sense right away, and it takes some questions and answers to fully understand and grasp what is being said. We don't think and reason like professional users, or accountants. So our logit and reasoning takes some time. It would help if maybe a TTX employee or representative would chime in, and provide a step by step bullet point guide as to how we need to do this, as the TTX program has to be manipulated, in order to get the proper results. Years ago they simply said add $1.00 as the sale price. Now it seems they are saying you have to add$1 to the original cost of the asset item, and then enter that number as a sold price (ie: $7,000 AC unit, plus $1) entering $7,001.00 as the sold price. Yes that seems counter logic, as no one, would buy the old AC unit for fulll price. Same as the roof. Who sells a roof??? And if the 10 year old roof originally cost $5000, who would think we need to add a $1 to it, and enter a sales price of $5,001? That seems to should us in the foot. But I believe it is what they are saying needs to be done, in order to work around TTX program issues. If they exist for the 2021 tax year. This is why a simple (layman's) step by step would help. Same for the converted to Personal Use option, as prior to sale/closing, some items are disposed of.
