Why does TurboTax allow you to deduct losses from an STR against W2 income (even when not a real estate professional)? in Deductions & credits
What is my cost basis for inherited real estate that I sold in 2025. Is it the FMV on date of death? Or the discounted, minority interest from the estate tax return? in Deductions & credits
If we Inherited 120 acres, selling off 10 acres. Does the Estate pay that step-up or do we need to assign that part of the property to one of us and they pay the step-up? in Deductions & credits