Just-Lisa-Now-
Level 15
06-25-2020
12:41 PM
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That was my first thought too, expense of sale, but it happened when a tenant was still in the building, not when it was in the process of being sold.
Honestly, its not going to make a different taxwise one way or the other....maybe I'll take the attorney fees on Sch E and the tenant buyout as expense of sale, just so it doesn't look like such a big loss on Sch E.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪