You'll need to sign in or create an account to connect with an expert.
This will be reported as a capital gain transaction. In TurboTax, do the following:
You can claim some cost basis on the sale. Here are some notes on figuring the basis for an easement:
This will be reported as a capital gain transaction. In TurboTax, do the following:
You can claim some cost basis on the sale. Here are some notes on figuring the basis for an easement:
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
tony-tman-moore
Returning Member
redmoose
New Member
St0nemason
New Member
yanks772
Returning Member
grapegrower
Level 3
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.