Solved
I know how to calculate depreciation recapture and cap. gains but it seems turbo tax only allows 1 building and doesnt allow for buildings where % that was business use varied
thanks for the information
It's a little confusing because when I look at
"Any Other Property Sales?" --> like-kind exchanges. it asks if I did a like kind exchange in 2020 or 2018-19.
actually I did the exchange 20 years ago. I understand turbo tax needs some way to calculate the basis when I bought building two 20 years ago - I'll use this and say that the like-kind exchange took place this year. Thanks
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