Posted on: 11th Mar, 2013 07:44 pm
RESIDENTIAL PROPERTY DISCHARGED IN CHAPTER 7. RECEIVED 1099 A. FOR 408000. MY ADJUSTED BASIS WITHOUT REGARD TO THE BANKRUPTCY IS $428000. CAN I TAKE THE LOSS. FAIR MARKET WAS $525000 AT BANKRUPTCY
Hi TOMASO!
Welcome to forums!
As the matter is complicated, I will suggest you to get in touch with a tax adviser and take his opinion in this regard. He will be able to assist you better in this regard.
Sussane
Welcome to forums!
As the matter is complicated, I will suggest you to get in touch with a tax adviser and take his opinion in this regard. He will be able to assist you better in this regard.
Sussane