dddaniel7
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I contend that because the property was purchased primarily for the sale to customers in the same year, that it is not a capital asset.
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The improvement, listing efforts to include photography and showing was all done by me. A substantial amount of work was done by me in the effort of improving a...
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- Posted Re: My father bought land. Both our names were on deed but I paid $0.00. I improved the property ... on Deductions & credits. January 13, 2022 8:15 PM
- Posted Re: My father bought land. Both our names were on deed but I paid $0.00. I improved the property ... on Deductions & credits. January 13, 2022 7:51 PM
- Posted My father bought land. Both our names were on deed but I paid $0.00. I improved the property and listed and sold it. I received half of proceeds. Investment income or no? on Deductions & credits. January 13, 2022 7:23 PM