THANK YOU! THANK YOU! THANK YOU!I had totally missed the enter basis aspect since I thought the 33.3333% entered for overall property ownership was carried over...
Kudos toAmeliesUnclewho was right both times.After much silence and an accountant's apology, I was told theyshould have used the HY convention (AmeliesUncle's p...
Thanks to both Carl and Amelies Uncle.Still not finding the right answer.I tried separating out the Carpet as a new asset (Residential R.E.) and Turbotax applie...
Carl wrote, “I am assuming the improvements were completed after the last renter moved out, and before the closing date of the sale.” No, my parent died in Dece...
