So actually I have a question about this. In the new rental property section Turbo tax asks for the fair market value at the date of death, and then the date it...
Thank you for this, some how I had read right over this and not understood it. I clearly do not qualify without the renovation labor hours as we have no where n...
Note, in particular, the one line@Mike9241quoted in his post:"improving property under §1.263(a)-3(d)"Any time you spent "improving" (aka renovating) the proper...
I assume you are a first time landlord. - Yes we are.I can't stress enough is the requirement for absolute perfection in your first year dealing with rental pro...
