Hi CarlR, I cannot thank you enough for your detailed and prompt explanation in your response. After I posed the question, I found that Pub 551 (Rev. December 2...
Hi MarilynG, just to clarify, are the assets separated? Meaning those that cannot be added to the basis like broker fees, should be instead amortized as a septa...
Hi RichardK, thank you for your post. I have settlement costs from refinancing rental property. I understand that the mortgage broker fees, and the like must be...