Travis earned and was paid interest income in 2020. Just before the sale, Alix's basis in her entire partnership.A rendition is a form that provides the appraisal district with taxable business property information. This form includes the business name and location. We only process registry funds for district cases. Direct any registry questions about cases filed in county court to the County Clerk. You can now view our complete resale inventory of properties on the Travis RealAuction website. Additions to the online showcase are made once each month. If you are selling the asset, then any profit you make from the sale is considered a capital gain and is generally subject to the capital gains tax rates.