athaureaux6
Level 8
10-08-2024
07:15 PM
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I think you have to enter the information in the Asset Worksheet. Do not forget the depreciation recapture. Also do not forget the IRS requires you report the sales of the land and the sale of the building separate. The sales of the land will go to part I Form 4797 and the sale of the building should go to Part III, If I remember correctly. Good luck.