userZ
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I agree with most of you say, but I think there are issues with the "Excess basis" in your calculation. The Excess basis can not be larger than the total basis ...
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- Cheered Re: Can I report multiple rental properties as combined business? for Carl. October 3, 2022 10:35 AM
- Cheered Re: How to write off old closing costs after a refi for rental property? for Carl. September 30, 2022 4:03 PM
- Cheered Re: How to write off old closing costs after a refi for rental property? for absoloodle37. September 30, 2022 4:01 PM
- Cheered Re: How to write off old closing costs after a refi for rental property? for sc07734. September 30, 2022 4:00 PM
- Cheered Re: Why hasnt turbo tax generated a form 4562 for depreciation? for Mike9241. September 27, 2022 2:20 AM
- Cheered Re: Why hasnt turbo tax generated a form 4562 for depreciation? for Carl. September 27, 2022 2:17 AM
- Cheered Re: What figure to enter from K-1 line 20 code Z stmt? Check entry error. for mkexla. September 16, 2022 9:24 AM
- Cheered Re: Does TurboTax support Qualified Opportunity Fund (QOF) reporting for form 8949, box f code Z, and form 8997, the annual statement of QOF funds? for SnortingElk. April 24, 2022 9:35 AM
- Posted Re: 1031 Exchange for Rental Property: end-to-end question on Get your taxes done using TurboTax. September 25, 2021 5:29 PM