07-12-2003, 08:10 AM
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 Re: Schedule "E" Expense "Anthony" <arlr[at]yahoo.com> wrote - quote - > I have a schedule "E" expense in 2003 for a rental property
If you had some rental property, sold it in 2002, and for> I disposed of and reported the sale on my 2002 tax return. > Can that expense be the one and only entry on the > schedule"E" for 2003?? Should I included the 1099 for the > expense with my filing?? some reason, paid the final expenses of the RENTAL activity in 2003, then there would be a 2003 entry on Schedule E. I'd also attach an explanation that it was for some 'final' expenses of the rental activity. Now, if it was paying for a SALES expense (a cost to sell the property), then it sounds like a Schedule D entry is appropriate. -- Paul A. Thomas, CPA Athens, Georgia taxman[at]negia.net << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
07-07-2003, 08:47 AM
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| Schedule "E" Expense I have a schedule "E" expense in 2003 for a rental property I disposed of and reported the sale on my 2002 tax return. Can that expense be the one and only entry on the schedule"E" for 2003?? Should I included the 1099 for the expense with my filing?? -- Anthony << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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