Solved: Why is an property inherited on 8/18/16 and sold on 2/14/17 before reported as a long term loss instead of short term
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fbderheim
New Member

Why is an property inherited on 8/18/16 and sold on 2/14/17 before reported as a long term loss instead of short term

 
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Accepted Solutions
Coleen3
Intuit Alumni

Why is an property inherited on 8/18/16 and sold on 2/14/17 before reported as a long term loss instead of short term

Inherited property is always long term.

View solution in original post

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Coleen3
Intuit Alumni

Why is an property inherited on 8/18/16 and sold on 2/14/17 before reported as a long term loss instead of short term

Inherited property is always long term.

View solution in original post

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