Community, still looking for assistance on this subject.The last reply was from DianeW777 on this thread.By selling expenses you are referring to real estate co...
The form for line 1b says to enter the total amount from lines 2, 10 and 24 due to partial dispositions of MACRS assets.On line 2 I show a gain for the land for...
On form 4797, Part III do you enter the in-service date that you started using the property as a rental or the date that you first acquired the property?Example...
By selling expenses you are referring to real estate commission and closing costs.These should also be allocated to residence, land and appliances in the same p...