How does IRC121 figure into this?
Do I need to divide the sales price by the number of units and allocate a % to her as her personal residence?
Solved! Go to Solution.
This discussion has been locked. No new contributions can be made. You may start a new discussion here
You need to allocate using some reasonable method, yes. Then you have two sales.
You need to allocate using some reasonable method, yes. Then you have two sales.
Lisa...are all the units the same size? Is hers "bigger"?
You could also use square footage to allocate.
You have clicked a link to a site outside of the ProConnect Community. By clicking "Continue", you will leave the Community and be taken to that site instead.