demitchx
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Not sure if I should add complexity to this question here but we have the same situation except we received the initial insurance payout in the year of the fire...
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plus improvements less depreciation. I hope this makes sense.
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Thanks for the reply. We never received the sales funds directly because we used OREXCO as the intermediary. I did find a TT answer to my first question as foll...
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- Got Cheered for How to COMPLETELY report rental Like Kind Exchange. Form 8824 is understood but how are SOLD property assets treated.. May 17, 2020 2:49 PM
- Posted Re: First I am not a tax expert, but I have now done consider... on Investors & landlords. March 2, 2020 8:54 PM
- Posted Do I report Loss of Rent insurance payments under Rent and Royalties? on Investors & landlords. June 4, 2019 10:53 PM
- Posted plus improvements less depreciation. I hope this makes se... on Investors & landlords. June 4, 2019 10:36 PM
- Posted Thanks for the reply. We never received the sales funds d... on Investors & landlords. June 4, 2019 10:36 PM
- Posted How to COMPLETELY report rental Like Kind Exchange. Form 8824 is understood but how are SOLD property assets treated. on Investors & landlords. June 4, 2019 10:35 PM