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Yet another question: I converted my home (purchased in 2004) to a rental in 2014 and sold in 2022. I understand I assign my cost basis as the fair market value...
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That's great. Thanks for the help. One further question. How/where do I enter this is turbo tax? Under Rental Property>Sold rental property>add asset?Thanks aga...
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- Posted Re: I added a new roof and laminate flooring to a rental in 2021. I depreciated those in 2021 as ... on Investors & landlords. April 4, 2023 9:53 AM
- Posted Re: I added a new roof and laminate flooring to a rental in 2021. I depreciated those in 2021 as ... on Investors & landlords. April 4, 2023 9:32 AM
- Posted I added a new roof and laminate flooring to a rental in 2021. I depreciated those in 2021 as well. I sold the rental in 2022. Can I add those to my cost basis? Where? on Investors & landlords. April 2, 2023 9:07 AM