Thank you Alicia. I apologize for the lack of clarity. My problem is with the K-1 box 19 code C entry. Turbo Tax wants a single "distribution" amount. My K-1 in...
Carl knows way more than I do.In my case, the$1 price was because the items were completely depreciated, important point I left out.This is not true in Sorin's ...
You will enter separate prices for the house, which depreciates, and the land, which does not.You will also have a selling price for each of the assets associat...
I put that stuff in as imrovements, selling price $1, used the date the house was sold, and reduced the sale price of the building by those little additional am...