How do I report a mortgaged rent house I sold in 3/16 to my brother on a non interest note to me? I make payments for the original mortgage, property taxes and insurance.
How do I handle prior depreciation and do I continue to depreciate until the the note to me is paid for?
01858
1 Best answer
view2
New Member
Jun 5, 2019 12:02:35 PM
Tax implication are complex in sales to a related party and you should seek the advice of a tax Pro.
1 Replies
view2
New Member
Jun 5, 2019 12:02:35 PM
Tax implication are complex in sales to a related party and you should seek the advice of a tax Pro.