Skip to main content
Level 1
May 27, 2020
Question

disposition of rental house

  • May 27, 2020
  • 1 reply
  • 7 views

built a house in 1987. cost was 127000.improvement were 58000. rented it in 2011. sold it in 10/28//2019. sale price 200000. what forms do i use to include capital gain/loss and disposition.

different form yield different results.

This topic has been closed for replies.

1 reply

abctax55
Level 15
May 27, 2020

How much depreciation has been taken ( beware of the allowed/allowable implications).

F 4797, F 8949, Sch D are the pertinent forms.

HumanKind... Be Both