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Legal fees for perfecting title in a rental property
I sold my rental property last year, and was able to enter all of my basis adjustments in the Asset Summary except the legal fees I incurred to buy out my half partner. I don't see an Asset type in Turbo Tax that seems appropriate, but the IRS publication on rental property sales says I can include these as part of my adjusted basis. Where do I enter these?
March 6, 2022
8:07 AM