topic correction to 2nd question in Deductions & credits

correction to 2nd question

no-name1 — Wed, 11 Feb 2026 03:47:20 GMT

is vacant residential land lot considered Land (personal use) or Land (other investment purposes)

Re: correction to 2nd question

DoninGA — Sun, 11 Feb 2024 21:55:35 GMT

It depends on the purpose the land was being used for, either for your personal use, now and in the future, or an investment property where your intent was to sell the property, improved or not improved, for a gain.

Re: correction to 2nd question

no-name1 — Sun, 11 Feb 2024 22:02:03 GMT

OK thanks - that clarifies the land characterization question.

How do I delete the entries I've already made that show up on the Investment Sales Summary ? I don't see any way to do it on that page or when I go to Forms.

Re: correction to 2nd question

no-name1 — Mon, 12 Feb 2024 14:22:25 GMT

I answered it myself. Go to Forms - highlight and hit delete