Thank you for your reply!I would like to confirm that I am not required to report the 1031 exchange funds. I wasn’t confident your reply was answering the 1031 ...
Hello,how do you report in TT the sale in 2019 of stepped up rental property that was inherited from deceased spouse in 2017 when the property was originally pu...
What date should be used when reporting sale of stepped up rental property?? The original 2005 purchase date or the 2017 stepped up date? When calculating depre...
HelloI am very sorry to hear of the loss of your husband.1) Use the date of death as your step up date.2) Get real estate appraisals for your rentals based on d...
On TT 2018, Does depreciation reported in previous years also change when new cost basis due to step up from inheritance? Or do you enter deprecs as if it were ...
