Thank you very much Patti!To clarify my novice mind,What does adding the expenses to the basis mean, is that advantageous for tax purposes? If so, how do I do t...
Sorry, I forgot to ask if I also need to issue 1099s or if the title company's ALTA Settlement Statement - Combined is sufficient. Thank you again for any help.
Hello, I sold my rental property of twelve years and divided the asset and land values based on the percentage derived from the tax assessment office's values l...
Also, I did received my 1099-R from DFAS at my new address in Texas.On the TurboTax "Select your State" screen I checked the block for Michigan (Texas was not a...
