To be clear, my question isn't about the operation of wash sales - just how the 1099-B works (at least for Schwab) and how to make it work on the 8949.
I don't know if this thread is still active, but here's my question. The Schwab 1099-B adds disallowed losses to the basis of subsequent sales. Which I understa...
LOL - trying to get a good idea of the treatment while the brain isn't completely addled!Ok, so it is a combination of years in service and recapture. Seems a b...
Let's say the original property was purchased Year 1 for $500k and the split between personal and rental unit is 90/10 so $450k to main house $50k garage apt. W...
Thank you. So at the time we stop renting the property, we would need to determine a way to establish FMV for the rental unit. In order to do that, we'd need to...
