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Re: Where would I enter a loss on disposal of assets on the 990? We tore down part of a building to make room for a new one. B/S Supp Stmts Other decreases?
alattizzor-bhs1
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Level 1
09-28-2021
12:08 PM
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Lacerte Tax
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Cheers
George4Tacks
Level 15
09-28-2021
12:56 PM
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https://www.elliottdavis.com/real-estate-advisor-demolition-tax-basis-need-know/
may get you going.
Answers are easy. Questions are hard!
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Cheers
