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or should it be added to the basis?BTW...on schedule A she can only deduct 1/2 of the tax since she maxes out at $10,000.Thanks in advance, Christopher
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Thank you for your quick response.I came to the same conclusion.It's going to be months before this is resolved but it is what it is.Again, thanks,Christopher
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by mistake.What are my options now?Do I have to send the paper copy in?Thanks, Christopher
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I will create a new Asset Entry WKS for the new property that has the excess basis over the 27.5 years of new residential rental property.I will continue to dep...