@CarlNo problem at all Carl. I appreciate the help. I found the form you are talking about. It clearly shows the building and improvements I placed in service b...
@CarlThank you for your reply. See my answers below.> Can I use any of the $25,000 pre-rental upgrades to offset the gain?I suspect what you are calling upgrade...
@CarlWe used the property for our family vacation each year. That is what comprised the 10% personal use I'm referring to. The rest of the year the property was...
Great example. What if I sold my rental property for the exact price I bought it for? How would that affect the technique of showing a gain or loss consistently...