rosenbergalex
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Thank you, DoninGA. You answered my question.
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I purchased an old used vehicle in order to fix it up and sell it at a higher price. However, I realized that the original seller had not reported critical issu...
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Thank you for the prompt response. Not a business. As quoted above from form 4797: "loss from the sale orexchange of depreciable property NOT USED IN A TRADE OR...
Activity Feed for rosenbergalex
- Posted Thank you. Clear. on Investors & landlords. June 5, 2019 4:29 PM
- Posted Thank you, DoninGA. You answered my question. on Investors & landlords. June 5, 2019 4:29 PM
- Posted I purchased an old used vehicle in order to fix it up and... on Investors & landlords. June 5, 2019 4:29 PM
- Posted Thank you for the prompt response. Not a business. As quo... on Investors & landlords. June 5, 2019 4:29 PM
- Posted Can I claim the following as a capital LOSS on line 14 of 1040? I sold a car for $2000 less than purchase price. In form 4797 instruc p2, it calls this a capital LOSS on Investors & landlords. June 5, 2019 4:29 PM