Hello,
I tried to get pub 4681 for tax year 2009 but could find only for 2008 so I have a question. If a person forecloses on both his/her residence and on a rental property, I would assume that the foreclosure/disposition of rental property, like in a sale, would be reported on form 4797, correct? If so, what would be the sale price?
Thanks in advance for your help.
Thanks.