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Tax Question - selling a rental. Landlord has sold his
Tax Question - selling a rental. Landlord has sold his rental property for a gain. Facts: Purchased in January, 2004: $200,000 (building only, land value unknown) Sold for $400,000 in 2020 No personal… read more
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In 1990, I purchased a condo for $124K ($99K /$25K
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I bought this hotel-building back in 1999 for $ 1, 500,000..
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I am an owner of a condo in Florida and have been told by other
I am an owner of a condo in Florida and have been told by other owners that "standard accounting practice" in computing depreciation / basis of a rental condo in the State of Florida does not break ou… read more
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I sold a rental property last year for which I used straight-line
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