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Lisa, thanks so much that really helped letting me know the home sales could be linked to the Dispositions portion of the asset.Don
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TP lived in the house for 2 years then did Airbnb for 2 1/2 years. Can the main home sale exclusion be taken?Does the depreciation need to be recaptured?Thanks,
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Taxpayer was the beneficiary of a life ins policy. Tp was under 18 when it was taken out, and now 24, so the insurance company says her mother has to get the di...
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Does the equipment purchased need to be new or can it be used equipment?Thanks in advance for your help