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Updated over 11 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Paddy O'dowd
  • Cary, NC
1
Votes |
8
Posts

cash purchase - tax forms

Paddy O'dowd
  • Cary, NC
Posted

hi - i purchased an investment prop with cash - can anyone advise what forms i need to produce for tax returns? i paid off a credit union loan in the name of the seller, i also did a major refurb on the property, would the refurb cost be part of the purchase price? - i am looking to sell the property as a next step but have never doen this prev through a cash buy so want to understand tax implications

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