taxdog14
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FWIW I have been doing my taxes with turbotax every single year we have owned the duplex, and have never been asked for this information by federal or state.Do ...
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Thanks for all of that Carl.My biggest sticking point is in my state of Oklahoma taxes where turbotax deals with the capital gain from the duplex sale and is in...
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My very limited understanding of rental property taxation includes the concept that we are definitely not a "business" (we are not managing an apartment complex...
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Also, turbotax seems determined to characterize the sale of this rental property as a sale of a "business", but we owned the one single property. We never held ...
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Just my basic info:We sold one duplex rental property in July 2020 that we bought in 2014 for a taxable gain of almost $105,000.We never lived in the duplex.I d...
Activity Feed for taxdog14
- Posted Re: just trying to make sure I am in correct section of turbotax premier to enter a sale of a rental property on Investors & landlords. February 10, 2021 5:39 PM
- Posted Re: just trying to make sure I am in correct section of turbotax premier to enter a sale of a rental property on Investors & landlords. February 10, 2021 5:34 PM
- Posted Re: just trying to make sure I am in correct section of turbotax premier to enter a sale of a rental property on Investors & landlords. February 10, 2021 4:56 PM
- Posted Re: just trying to make sure I am in correct section of turbotax premier to enter a sale of a rental property on Investors & landlords. February 10, 2021 4:50 PM
- Posted Re: just trying to make sure I am in correct section of turbotax premier to enter a sale of a rental property on Investors & landlords. February 10, 2021 4:41 PM
- Posted just trying to make sure I am in correct section of turbotax premier to enter a sale of a rental property on Investors & landlords. February 10, 2021 4:09 PM