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Investors & landlords
It then asks for the actual acquisition date which was back in June 1996 when I purchased as a primary residence and then converted to full-time rental in June 2003.
This was originally blank, should I just leave it blank?
Also, do I need to enter Nonrecaptured section 1231 losses? The only time I had something in Form 4797 was in 2016 but related to another business' K-1. Not related to this rental property.
‎April 11, 2022
2:25 PM