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Investors & landlords
Thank you so much for the guidance. I made progress, but not exact yet.
I went into the Asset Worksheets for the house and the foundation. I split an amount of the sale and the expenses across both asset worksheets (substantially weighted towards the house). Then, I checked Form 4797. What TurboTax did was to add another "sale" of the foundation... So I have the house in Column/Property A and the Foundation in Column/Property B...
I'm not sure if it matters, but is there a way to just combine the totals into Column/Property A since they are really both the same property? Or... is this the correct way to handle within TT?
Thank you
‎April 23, 2022
9:17 AM