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I received a 1099-s from the sale of my rental as a short sale transaction. How do i claim the gross proceeds?

Having a dispute with a tenant or landlord? Rental Law discussion
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I received a 1099-s from the sale of my rental as a short sale transaction. How do i claim the gross proceeds?

Postby darik » Mon Mar 05, 2012 11:36 pm

What about the new tax law on capital gains on rental property which was sold under a short sale?
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I received a 1099-s from the sale of my rental as a short sale transaction. How do i claim the gross proceeds?

Postby sherborne16 » Mon Mar 05, 2012 11:44 pm

Sales of rental property are messy at best.

You should see a tax professional and find one that has experience with rental property sales.
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