Ask Allan Forum
Get expert answers to your tax questions straight from Allan, our owner and experienced CPA. It’s free, direct, and designed to help you make the best decisions when it comes to your taxes.
Notifications
Clear all
Ask Allan Forum
2
Posts
2
Users
0
Reactions
1
Views
Sep 19, 2019 12:36 pm
How do I report an assignment sale of a US real estate contract on a US tax return
1 Reply
Sep 23, 2019 2:07 pm
The answer depends on whether you made the sale through a US partnership, S-corporation, C-corporation, LLC or in your name. If you made the sale personally (i.e. in your name) then record the sales and expenses on Schedule C of your US personal tax return.