nash123456
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Thank you - I will check prior year returns. It was never rented to family members under air market price. Thanks.
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Thank you. So here are the entries that Turbotax brought in from 2023 return:Cost $200,000Land: 11867Business 25% (is this right? Should this have been 100%?)Pr...
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Thanks for responding- am I reading the TurboTax page wrong? To me, a capital gain of $141k on a loss sale at $167.5k is out of whack. TurboTax used to show the...
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Thank you all.is the form 9727 something that I need to do manually with TurboTax, or will it automatically direct there due to the sale of the condo?
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What are your thoughts for the same scenario if miraculously the sale happens in 2023?
Activity Feed for nash123456
- Posted Re: Turbotax says I have a $141k gain on my rental property sale even though I sold it at a huge loss on Investors & landlords. February 12, 2025 7:27 PM
- Posted Re: Turbotax says I have a $141k gain on my rental property sale even though I sold it at a huge loss on Investors & landlords. February 12, 2025 7:00 PM
- Posted Re: Turbotax says I have a $141k gain on my rental property sale even though I sold it at a huge loss on Investors & landlords. February 12, 2025 6:38 PM
- Posted Turbotax says I have a $141k gain on my rental property sale even though I sold it at a huge loss on Investors & landlords. February 12, 2025 6:18 PM
- Posted Re: Passive Income (Rental) after property is sold on Investors & landlords. December 10, 2023 9:49 AM
- Posted Re: Passive Income (Rental) after property is sold on Investors & landlords. December 10, 2023 9:08 AM
- Got Cheered for Re: Passive Income (Rental) after property is sold. December 10, 2023 9:08 AM
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- Posted Re: Passive Income (Rental) after property is sold on Investors & landlords. December 10, 2023 9:01 AM
- Posted Re: Passive Income (Rental) after property is sold on Investors & landlords. December 10, 2023 8:49 AM
- Posted Re: Passive Income (Rental) after property is sold on Investors & landlords. December 10, 2023 8:45 AM
- Posted Passive Income (Rental) after property is sold on Investors & landlords. December 10, 2023 8:07 AM
- Posted Re: My return was rejected due to the AGI not matching my ret... on Get your taxes done using TurboTax. April 17, 2022 1:53 PM
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