MikeP3
Level 2
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Yes, go to View, Forms, find your Asset scroll down til find screen noted on last reply and mske your election
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Yes on this process I would check “No” for the election for regs vs yes which means u have to enter one asset. Thanks
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Thank ,i will check that. Or is it better to continue the relinguished property and change name to relinguished Property with life, rate etc staying the same. T...
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AmyCOnly thing I don’t get is how does one dispose of relinguished asset without producing a gain as TT asks for sale price, expense, etc The form 8824 comes up...
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I believe your instructions are while on the step by step. However i do ever see the screen u show at end titled “Are Any Other Property Sales” I usually just g...
Activity Feed for MikeP3
- Posted On California 5805 Smart Worksheet #F, I qualify for exemption under #2 as did not have CA tax for 2022. Why does system not put a 2 on line on State tax filing. June 23, 2024 2:11 PM
- Got Cheered for Re: Sale of a property for a Like kind exchange (8824 generated properly but how to enter the sal.... March 7, 2023 6:41 AM
- Posted Re: Sale of a property for a Like kind exchange (8824 generated properly but how to enter the sal... on Investors & landlords. March 6, 2023 10:59 PM
- Got Cheered for Re: Sale of a property for a Like kind exchange (8824 generated properly but how to enter the sal.... March 1, 2023 12:58 PM
- Posted Re: Sale of a property for a Like kind exchange (8824 generated properly but how to enter the sal... on Investors & landlords. March 1, 2023 11:33 AM
- Posted Re: Sale of a property for a Like kind exchange (8824 generated properly but how to enter the sal... on Investors & landlords. March 1, 2023 10:05 AM
- Posted Re: Sale of a property for a Like kind exchange (8824 generated properly but how to enter the sal... on Investors & landlords. March 1, 2023 9:43 AM
- Posted Re: Sale of a property for a Like kind exchange (8824 generated properly but how to enter the sal... on Investors & landlords. February 28, 2023 4:50 PM
- Posted Re: how to report rental property sale by TurboTax - Is there a step-by-step instruction ? on Get your taxes done using TurboTax. April 6, 2022 2:39 PM
- Posted Re: If the house was sold while in the trust, the trust will... on Investors & landlords. July 25, 2020 4:27 PM