larryfredericke a
Level 1
11-06-2020
10:44 AM
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Dealing with the IRS if furnishings sold with a Vacation Rental is garage sale income. They're saying that the furnishings cannot be added to the basis of the property, I want to deduct the income from the sale of the furnishings from the Gross Sales Price, and the IRS said it would be considered income from a garage sale, and would go under other income. Any thoughts ? Thanks
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