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1099-S real estate sale considered investment?
Father in law died 2005. Before he died, he put his property in daughter A's name. In 2018, Daughter A changed quit claim deed to include three other siblings. 2022 the property was sold. Proceeds split 4 ways. Is this considered an investment? How should it be entered into turbo tax? I did receive a 1099S from title company.
‎February 14, 2023
3:32 PM