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Investors & landlords
When you use the program, it puts together the cost basis subtracts the accumulated depreciation and adds selling expenses to create the basis. You should not have to adjust the basis in the program.
For assets other than the home, you will mark them sold at a price of $0 since they were free with the house.
@sootmaker
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‎April 12, 2022
11:51 AM
6,296 Views