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Investors & landlords
I understand that it is an asset that I can use to adjust my basis. My question is where to enter it in the Asset Summary, as it isn't real property, and it isn't a refinancing fee, and it wasn't part of the property purchase or sale. It was incurred partway through my owning of the property and I couldn't expense it then, but I understand I can use it to increase my basis now that I have sold the property. I just can't figure out what asset category to select in Turbo Tax.
March 6, 2022
10:16 AM