Hi @DianeW777, I'm following up with you since I haven't heard back from you yet.You mentioned that "do not make an entry for depreciation".Can you explain to m...
Thank you for your response! This is very helpful.I just have one follow-up question.You mentioned that "do not make an entry for depreciation". Can you explain...
I have one correction to my previous question.Re: adding theexpense to the basis, there is a line item called "Cost of Property (or Tax Basis) Plus Expenses of ...
Thank you for your quick response!I went to the "sale of business property" section and found several options.Two options seem relevant:(a) Sales of business or...