jboles44
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So Turbo Tax shows 34,783 in depreciation and I should deduct that from the figure I am putting in as the Expenses or does Turbo Tax take it out already since i...
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Just to confirm. I put in as Sales $87600. Then for costs I put $92584.00 (original cost) + closing costs of $8,274 (Total of $100858).
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Thanks for the instructions. I have calculated and put those figures in. I am putting them into Schedule E under the rental section. Final question - then do I ...
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So, I enter the $87,600 under the Sales Price and put nothing in the Land box? What expenses can I deduct then? The cost of this property was $92,584.00 per wha...
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- Cheered Re: Sale of Rental House for ColeenD3. February 10, 2020 4:38 PM
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- Posted Sale of Rental House on Investors & landlords. February 8, 2020 8:11 PM