AndrewR4
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Thank you. I'll probably opt not to enter them at this point and chalk it up to missed opportunity. I didn't realize that they needed to be entered at the time ...
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Thank you@Carl. This is very useful information!
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I think I found the answer on the IRS website: https://www.irs.gov/taxtopics/tc414You can recover some or all of your original acquisition cost and the cost of ...
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I think you are misconstruing what I said. I've claimed/paid my taxes honestly every year, and have receipts to back up all. My understanding is you can claim C...
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@Carl "Or are you saying you have capital improvements you did not enter at the time you placed them in service? "=> Yes, this is exactly what I am saying. I n...
Activity Feed for AndrewR4
- Posted Re: Cost Basis and Capital Improvements for sale of Rental on Get your taxes done using TurboTax. March 21, 2023 7:33 AM
- Posted Re: Cost Basis and Capital Improvements for sale of Rental on Get your taxes done using TurboTax. March 21, 2023 6:51 AM
- Posted Re: Cost Basis and Capital Improvements for sale of Rental on Get your taxes done using TurboTax. March 21, 2023 4:52 AM
- Posted Re: Cost Basis and Capital Improvements for sale of Rental on Get your taxes done using TurboTax. March 21, 2023 4:39 AM
- Posted Re: Cost Basis and Capital Improvements for sale of Rental on Get your taxes done using TurboTax. March 20, 2023 4:26 PM
- Posted Re: Cost Basis and Capital Improvements for sale of Rental on Get your taxes done using TurboTax. March 20, 2023 12:13 PM
- Posted Re: Cost Basis and Capital Improvements for sale of Rental on Get your taxes done using TurboTax. March 20, 2023 10:53 AM
- Posted Re: Cost Basis and Capital Improvements for sale of Rental on Get your taxes done using TurboTax. March 20, 2023 10:48 AM
- Posted Re: Cost Basis and Capital Improvements for sale of Rental on Get your taxes done using TurboTax. March 20, 2023 9:13 AM
- Posted Cost Basis and Capital Improvements for sale of Rental on Get your taxes done using TurboTax. March 20, 2023 8:18 AM