Miraflores Β· Okafor-Lindqvist 2025
⏱
πŸ””
For Priya Raman
Nothing needs you.
Rentals & the condo sale β€Ί F4797.25
F4797.25 Β· federal Β· F4797 line 25

Total gain

105,040
engine v3
not yet verified βš‘ CONDO-SALE Β· pass

How this number was built

R-4797 Sale of business property (Form 4797 Part III to Part I).
Inputs (2)
F4797.21 Gross sales price395,000
F4797.24 Adjusted basis289,960
Flows into

Independent checks

Condo sale gain recomputed from the closing statementAgrees
Gain 105,040; unrecaptured 1250 50,340. 1099-S (D52) proceeds agree.
Method: Price 395,000 - (cost 310,000 + flooring 6,600 + selling costs 23,700 - depreciation 50,339.99).
Open check β†’

History β€” nothing is overwritten

v1 Β· 2026-03-04: 105,040v2 Β· 2026-03-19: 105,040v3 Β· 2026-06-23: 105,040
Adjust this number
Reviewer approves; over 1,000 tax effect needs the partner.

Evidence & discussion

Record how you verified it