Posted by ohiojim on January 27, 2016 at 10:44:16 from (45.53.230.85):
saw the earlier post on land swap,...anyone in the know on taxes willing to help on sale of rentals ??? i sold 12 rentals that are located on 4 seperate plots. can i lump them together as one sale or do i have to file on each one,....these were sold as a whole and i hold the note, where would i enter the down payment,...i have been using turbo tax for last 10 yrs....thanks
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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