Anyone have a worksheet for basis of property.Client bought 54 acres with house & shop.
Using 5 acres with house & shop for personal.Subdivided the other 49 to sale for subdivison.Bought 33 acres month later for subdivison.Sold 1.903 for lot in 04.Has expenses every yr to add to basis.Trying to breakdown on paper but worksheet would be nice.
Using 5 acres with house & shop for personal.Subdivided the other 49 to sale for subdivison.Bought 33 acres month later for subdivison.Sold 1.903 for lot in 04.Has expenses every yr to add to basis.Trying to breakdown on paper but worksheet would be nice.