1040HS
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Thank you@ColeenD3Lastly I just wanted to confirm if the sale is considered a "fully taxable" transaction even though it was given the sale-of-primary-residence...
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Ah, I see what your saying that it isn't offsetting the depreciation recapture per se. Thank you for that answer@ColeenD3.To follow-up and clarify - So even tho...
Activity Feed for 1040HS
- Cheered Re: AMT Depr After 5/6/97 must be entered. for MarilynG1. March 19, 2021 8:17 AM
- Cheered Re: Can Suspended Passive Losses offset depreciation recapture (Home converted from Main home to ... for ColeenD3. March 18, 2021 7:35 AM
- Posted Re: Can Suspended Passive Losses offset depreciation recapture (Home converted from Main home to ... on Investors & landlords. March 18, 2021 7:06 AM
- Cheered Re: How do we treat the sale of a house we lived in for 2 of the last 5 years, but also rented? for cmanders01. March 17, 2021 2:55 PM
- Posted Re: Can Suspended Passive Losses offset depreciation recapture (Home converted from Main home to ... on Investors & landlords. March 17, 2021 11:18 AM
- Cheered Re: Can Suspended Passive Losses offset depreciation recapture (Home converted from Main home to ... for ColeenD3. March 17, 2021 11:14 AM
- Posted Can Suspended Passive Losses offset depreciation recapture (Home converted from Main home to rental) on Investors & landlords. March 17, 2021 8:57 AM