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sale of land-farm vs non farm

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    sale of land-farm vs non farm

    Taxpayer has leased out land, but prior accountant claime it onSch F. A loss for the past 3 years. Now taxpayer is selling the land. Taxpayer only received rent and did not have any livestock or farm related income. He did take expenses for fences, tax, utiltiies, insurance, etc. All on F. Should it be amended to report on Form 4835? Took a loss every year, but now a sale is about to take place? Had the property for 3 years

    #2
    Any comments, please

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