Sold a piece of land that was gifted to me

keene2252 · ‎June 3, 2019

PaulaM · ‎June 3, 2019

This would be reported in the Investment section. You will need the donor's basis and FMV when gifted to you.

Select 'No', then select Land as your investment type. Continue to enter the details of the sale and costs.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

PaulaM · ‎June 3, 2019

This would be reported in the Investment section. You will need the donor's basis and FMV when gifted to you.

Select 'No', then select Land as your investment type. Continue to enter the details of the sale and costs.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.