chapguy19
Level 4
04-23-2022
02:54 PM
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He AirBnB the MIL for over a year or two.
How do I account for the "sale" of the MIL?
I want to just add it into the adjusted basis of the home.
And show that the MIL on his Schedule E sold for the adjusted depreciated value of the MIL.
Thanks in advance, Christopher
How do I account for the "sale" of the MIL?
I want to just add it into the adjusted basis of the home.
And show that the MIL on his Schedule E sold for the adjusted depreciated value of the MIL.
Thanks in advance, Christopher
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