Sale of real estate.
Client sold real estate. Just land. No depreciation. No income from ownership.
Which Section does the sale apply to on From 4797? 1245, 1250, 1252, 1254, or 1255.
Client sold real estate. Just land. No depreciation. No income from ownership.
Which Section does the sale apply to on From 4797? 1245, 1250, 1252, 1254, or 1255.
How was it used in a trade or business? Otherwise, forget Form 4797. Use Schedule D.
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