jeffmcpa2010
Level 11
02-13-2022
08:50 PM
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PATAX
As to the low sales price, I was not trying to say that I wouldn't want to proceed with reporting the loss. I just want to acquire enough good documentation in my file as to why the FMV was 40K in 2020 and 18K in 2021, or what decisions made the seller willing to take a lesser offer. I was more trying to emphasize the documentation side, that arguing about the loss. Probably didn't make that clear enough.