Thanks John, good point- to begin tracking depreciation and passive losses.Follow-on question: Does TT automatically save and carry over passive rental losses o...
…and for the record, I don’t give a rat’s ass about earning “first question” or “second reply” or “10 views” merit badges….that is juvenile crap. I just want th...
Well, the TT processing of our 1031 exchange was not very user-friendly. I think even I could devise a better series of questions leading to a more direct resul...
Thanks Robert. Doing the 8824 did calculate the deferred gain and the new basis. I expected the resulting depreciation to show on the new property expense list ...