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where do I enter cost basis on rental property we built
We built a rental apartment on our property, completed in 2021 and began renting in May, 2021. We need to declare the cost basis based on our building costs (building materials, etc), but there doesn't seem to be an option in Turbo Tax for doing so when the property was built, not purchased. Where do I enter this information?
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March 24, 2022
1:49 PM