Mcb050032
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Thanks. Agreed, all the prior depreciation needs to carry over too.
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As a rental property, I assume it is safe to reduce the selling price by the HOA fees, Rate Buy-down (seller paid), and RE Admin Fee?Thanks!
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I see, seems like a grey area. In that case I would continue to run the rental expenses through Sch E as normal?
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So say the rental wasn't advertised as being rented beginning 1/1/23 and the closing of the sale of the rental property was on 11/1/2023. The rental use should ...
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Not sure on this situation, any further thoughts on this? Thanks!
Activity Feed for Mcb050032
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- Posted Re: 1099-Misc From DST (Delaware Statutory Trust) on Business & farm. June 11, 2024 8:45 AM
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- Posted Re: Repairs and Maintenance for Sale of Rental Property on Investors & landlords. June 11, 2024 7:59 AM
- Posted Repairs and Maintenance for Sale of Rental Property on Investors & landlords. June 11, 2024 7:39 AM
- Posted Re: Net Proceeds of Second home on Get your taxes done using TurboTax. June 11, 2024 7:08 AM
- Posted Net Proceeds of Second home on Get your taxes done using TurboTax. June 10, 2024 3:21 PM
- Posted Re: 1099-Misc From DST (Delaware Statutory Trust) on Business & farm. June 10, 2024 1:01 PM
- Posted 1099-Misc From DST (Delaware Statutory Trust) on Business & farm. June 10, 2024 12:14 PM