I do own the land where the bldg sits.
I only entered the the value of the building. Not the value of the land.
Cost basis (bldg) entered = 150K (entered in TurboTax - been depreciating on this value every year)
Actual Purchase price = 289K (in 2013)
by deduction, cost of Land = 139K
Where do we go from here?
Thanks for the help.
