BeckerMgt
Level 3

The 1099-A was from his mortgage company for the abandonment of his rental property that they acquired. The amount on it was for the balance of his mortgage that they were forgiving. I linked it to the Cancellation of Debt worksheet which I then linked to the Schedule E. Since it only listed the net of the forgiven amount (minus the property value) on the schedule E I don't think I can then again take a loss on the property value to dispose of the property on the asset worksheet. 

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