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Posted by mommio2 on April 11, 2008, 3:03 pm
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> "mommio2" wrote:
>
>> Hi! For the life of me I can not figure out where/how to enter the real
>> estate commission we paid on the sale of our rental property.
>
> Line 2(f), where it says "Cost or other basis, plus improvements and
> expense of sale."
>
> You are looking at Form 4797, right? If not, file for an extension and
> hire a professional preparer after April 15.
>
> --
> Phil Marti
> Clarksburg, MD
Yes, I am on Form 4797 Part 1. So I just add the real estate commission on
the sale to the cost basis? It just seems strange that I just add it in
there without justifying or documenting it somewhere! Thanks a bunch for
the advice!
--
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