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There is no clear-cut answer and depends on the facts-and-circumstances. Tax professionals who have spent DAYS researching court cases, rulings, etc. still may ...
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@CliffOHarawrote: No, they purchased the Farm, for the sole purpose of installing stables and Boarding Horses. No other farming activities are planned on being ...
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It goes on Form 8949/Schedule D. You can use the 1099-B worksheet to enter the information (even though there is not a 1099-B).
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@DaisyMae8wrote: thank you for your response. Tax Guy Bill Owner lives on first floor of three story building so it is owner occupied rental property. My questi...
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@sjrcpa I think you know more about how ProSeries works than many people who actually use ProSeries. 😂
