Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

disposition of rental house

tommy123
Level 1

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.

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Comment 1
abctax55
Level 15

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

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

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"