Al, I just don't get it. I take the full write off, and three years later, I sell the thing for $700.

My taxcut software asks for six things:

Property: That's easy, Keyboard
Acquired: That's when it was purchased, right?
Sold: That's when it was sold
Realized: ???
Depreciation: ???
Basis: ???

What would I put for these things? What do these things mean???

Beakybird