Amiller1
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Thank you so much for your clear response.-Andrew
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It was rental real estate. The issue is that the real estate was disposed of in the 2022 tax return, so there is no longer any real estate asset on the books.Th...
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Thanks. That was it. My net capital gains exceeded my taxable income before the QBI deduction (Form 8995, lines 11 to 13).
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Should the 2022 expenses be recorded as repairs or other expenses in 2022 or kept separate until the project is put into service in 2023? I will have a loss if ...
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Thanks so much. You have been a great help.-Andrew
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