dugswife
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So its current value doesn't come into play at all? Based on it's fair market value it is a considerable loss. Are we allowed to use fair market value instead o...
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Thank you Hal_Al, that makes sense. Where do I find that in Turbo Tax? Also if I sold it for more than I bought it - but less than the current tax appraisal - i...
Activity Feed for dugswife
- Posted Re: Sell land adjacent to house - at loss. on Deductions & credits. March 7, 2021 5:48 PM
- Cheered Re: Sell land adjacent to house - at loss. for Hal_Al. March 7, 2021 5:48 PM
- Posted Re: Sell land adjacent to house - at loss. on Deductions & credits. March 7, 2021 5:31 PM
- Cheered Re: Sell land adjacent to house - at loss. for DavidD66. March 7, 2021 5:31 PM
- Posted Sell land adjacent to house - at loss. on Deductions & credits. March 7, 2021 4:27 PM