qbteachmt
Level 15
11-06-2020
01:58 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
"cannot be added to the basis of the property"
How was this property (the furnishings) being treated for the tax filings? It would have been separate from the Real Estate all along, of course. So, in this regard, the IRS is right.
*******************************
"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.