bkris
Level 2
10-15-2019
07:29 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
How to report disposition of a appreciable property and the gains being rolled over to a Qualified Opportunity Fund in Lacerte?
Client has real estate property that is being depreciated. He is intending to sell it and the capital gains to be invested in an opportunity fund.
Labels
George4Tacks
Level 15
10-15-2019
10:17 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Screen 17 - Just like a stock sale, scroll down to just above Form 4797 and there is an area for Qualified Opportunity Fund
Answers are easy. Questions are hard!
bkris
Level 2
10-15-2019
10:29 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Is the treatment still the same even if the property was depreciated ans treated under Sch E in the prior years?
