Get IRS Instruction 4797 2015
Ness for draft, breeding, dairy, or sporting purposes: Held less than 24 months Held 24 months or more a Sold at a gain . . . . . . . . . . . . . . . . b Sold at a loss . . . . . . . . . . . . . . . . c Raised cattle and horses sold at a gain 2 Purpose of Form Use Form 4797 to report: The sale or exchange of: 1. Real property used in your trade or business; 2. Depreciable and amortizable tangible property used in your trade or business (however, see Disposition of Depreciable Property Not.
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