You shouldn't have "damage" if you actually get cash. You'll certainly owe tax, but that's always a given....
The key here is having some records to determine t...
There are not sufficient facts to address this question:
You can't "sell" a rental and have a Section 1031 in the same transaction.
Was the Section 1031 handle...
Here are my comments:
When your parents gifted you the stock, their stock basis in those shares gifted carry over to you at that time.
Not clear on how you wen...
If I'm not mistaken, when you enter your 1099 DIV information in TT there should be a question if any more boxes have information. Clicking on this should open ...
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