tommy123
Level 1
05-27-2020
10:43 AM
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built a house in 1987. cost was 127000.improvement were 58000. rented it in 2011. sold it in 10/28//2019. sale price 200000. what forms do i use to include capital gain/loss and disposition.
different form yield different results.
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abctax55
Level 15
05-27-2020
10:51 AM
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How much depreciation has been taken ( beware of the allowed/allowable implications).
F 4797, F 8949, Sch D are the pertinent forms.
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