Greenzoe
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I used schedule e ,supplemental income and lossto record the cottage rental,expenses and depreciation
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Thanks for the reply.Is there a place (ie web site or IRS material)that I can refer to if questions come up on how the cost basis was determined.
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Life Estate Question -Cost BasisA. Life Estate established by grandmother for her house. She dies in 1991B. Her son, BOB ,was the Life TenantC. Her daughter, SU...
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- Posted Re: I sold my Home which I lived in 5 years. On the property was a cottage which I rented out. Ho... on Deductions & credits. March 13, 2022 12:20 PM
- Posted I sold my Home which I lived in 5 years. On the property was a cottage which I rented out. How do I handle the sale of the cottage ? reduce cost basis by depreciation? on Deductions & credits. March 13, 2022 11:44 AM
- Posted Re: Cost basis of an Inherited home with a life estate on Get your taxes done using TurboTax. April 2, 2021 6:22 AM
- Posted Re: Cost basis of an Inherited home with a life estate on Get your taxes done using TurboTax. March 18, 2021 12:39 PM