But that is what I did, or thought I did. After creating the spreadsheet, I went into each asset and made the sale price what was allocated to that asset. I am ...
Originally, I simply put the sale price of each depreciated asset at its remaining allowed depreciation, which basically made the gain of each asset zero. I sub...
Thanks, but I still don't see (know) how to do this if TT walks you through every asset individually and populates many rows and columns in the form over multip...
Well, now where getting somewhere. Speaking with an Enrolled Agent certainly makes a difference for me because it is understanding the tax laws that I care abou...
This is why I have trouble with just applying a ratio of the gain. In my case, I have had the property 22 years, and say for simplicity it was purchased for $10...
