Yes, when I select "NO" it does allow me to enter sales info.
What doesn't make sense is that it shows that I made a profit of 61,932.3K. I bought the property (asset not land for 121k. The prorate for the sale is 88,750 for land (125k total).
Schedule E shows passive loss of -29k on line G and Net profit (loss) of -30k (loss) on line I. Yet line J shows a profit of around 63k. Is that because I had around 60K in accumulated depreciation?
Is it possible to pay for a live consult/review prior to filing?
regards, Richard
