tpagal
Level 2
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Carl,Thanks for your quick replies. I know I am not the only one who has these questions. When you say "You'll have 10K left over to use on any other depreciabl...
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Carl,I am starting to understand this much more thanks to you!Regarding the 2nd part of that question, when I enter the building (asset) and break out the land ...
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Ok then I am thoroughly confused and need help in this section.House sold for 100k, land value 10k, listed Sales Price of Asset 90k, land price 10k. I had prepa...
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To verify, sale expenses are only entered for the sale of the house (asset) and not its various components. Correct? And is prepaid rent, transfer of security d...
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To understand, if the sales price of the rental was 100k, land was valued at 10k, we put 90k in the asset sales price and 10k in the land sales price. When list...
Activity Feed for tpagal
- Posted Re: Rental House "sales information" entry (asset sales price, sales expense, land price and sales expense)? on Investors & landlords. February 6, 2022 3:02 PM
- Posted Re: Rental House "sales information" entry (asset sales price, sales expense, land price and sales expense)? on Investors & landlords. February 6, 2022 1:14 PM
- Cheered Re: Rental House "sales information" entry (asset sales price, sales expense, land price and sales expense)? for Carl. February 6, 2022 1:08 PM
- Cheered Re: Rental House "sales information" entry (asset sales price, sales expense, land price and sales expense)? for Carl. February 6, 2022 1:05 PM
- Posted Re: Rental House "sales information" entry (asset sales price, sales expense, land price and sales expense)? on Investors & landlords. February 6, 2022 7:17 AM
- Posted Re: Do I enter asset sale price as 70k in sale of rental? Contract price 80k. Land value today 10k. on Investors & landlords. February 6, 2022 6:15 AM
- Cheered Re: Do I enter asset sale price as 70k in sale of rental? Contract price 80k. Land value today 10k. for ColeenD3. February 6, 2022 6:12 AM
- Cheered Re: Do I enter asset sale price as 70k in sale of rental? Contract price 80k. Land value today 10k. for ColeenD3. February 6, 2022 6:10 AM
- Posted Re: Rental House "sales information" entry (asset sales price, sales expense, land price and sales expense)? on Investors & landlords. February 6, 2022 6:08 AM
- Posted Re: Rental House "sales information" entry (asset sales price, sales expense, land price and sales expense)? on Investors & landlords. February 6, 2022 5:49 AM
- Cheered Re: Do I enter asset sale price as 70k in sale of rental? Contract price 80k. Land value today 10k. for ColeenD3. February 6, 2022 5:30 AM
- Posted Re: Do I enter asset sale price as 70k in sale of rental? Contract price 80k. Land value today 10k. on Investors & landlords. February 5, 2022 1:21 PM
- Posted Re: Do I enter asset sale price as 70k in sale of rental? Contract price 80k. Land value today 10k. on Investors & landlords. February 5, 2022 1:05 PM
- Posted Re: Do I enter asset sale price as 70k in sale of rental? Contract price 80k. Land value today 10k. on Investors & landlords. February 5, 2022 12:51 PM
- Posted Do I enter asset sale price as 70k in sale of rental? Contract price 80k. Land value today 10k. on Investors & landlords. February 5, 2022 12:21 PM