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Investors & landlords
In my situation, I did enter the Building value only (no land value) in the original cost basis for depreciation. So looks like this was correct on my part.
But now, I just sold the rental and turbotax is calculating the gain based on final sales price minus the (building-only) cost basis, that's not correct!
what am I doing wrong?
Thanks
‎April 9, 2022
6:57 PM