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vanallyourinsuranceneeds · Joined: 03 Feb 2011 Posts: 1 1.30 Dollars($)

need help!. I have an investment property that was foreclosed--while it took 3 yrs to foreclosed and sold - I filed bankruptcy which was discharged. I recently received a 1099A, but Box 2 is twice the amount of what sold in Box 4, and Box 5 was checked yes. How do I file this on my 2010 tax return? The discharged bankruptcy included the amount owed on this investment property.

jameshogg · Posted: Thu Feb 03, 2011 9:16 pm Post subject:

Hi vanallyourinsuranceneeds,

You should contact your tax adviser and he will help you in filing the taxes and let you know how you should fill out your tax return as you've received the 1099A form.

Thanks

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