taxes96786
Level 9

How do you expect that to fly? Due diligence says you amend the 2019 return to show that 1/3 out of service on date he stopped renting it. Then you make sure that all returns forward from 2019 the rental expenses for the unit still renting allocated properly by sq ft of that unit. You may have to amend additional returns. This should insure that the figures used to report the sale will be correct.

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