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Should I describe the rental farm I sold as "residential rental real estate"? The "residential" part doesn't seem to fit my case, but the other TT choices are worse.
I sold an investment farm in 2022. TT is prompting me to "describe this asset." The only choice that is close is "rental real estate property." However, when I select that option I'm then asked to categorize the asset as "residential rental real estate," "appliances, carpet, furniture," or "land improvements." The farm was rental real estate, but the term "residential" makes me think I'm doing something wrong. Any advice would be appreciated.
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‎February 24, 2023
1:35 PM