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July 12, 2020
Question

I bought an investment property in 2019. Where do I enter the purchase value and the closing costs?

  • July 12, 2020
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1 reply

July 12, 2020

what is the property used for?  if just for investment, (not rental) nothing needs to be entered.  if you intend to use it as rental property unless you made an effort to rent it out in 2019, then wait til 2020