I need to enter the sales price for my rental home and can't find where to do it. I have told it the property was sold in 2020, and it ask me the date, but not the price.
Here are the sequence of screen shots I go through.
Here is the Special Handling Required screen shot, followed by the next screen shot. I answer yes and after that I don't get one about home sale. The second screen shot below shows what I get. Some more info: notice in the first screen shot: it shows in blue type something that is odd: it's as if the home is an asset within the home....1007 Prairie Lakes Dr: 1007 Prairie Lakes Dr. Does this give a clue? Maybe I entered something incorrectly in a previous year?
DOES this sale required special handling of any kind ? If not then choose NO not yes.
If it does require special handling the sale is reported in a different section ... click on the LEARN MORE link for more information.
If you had read the LEARN MORE link then you would have seen it is referring to a partial rental of your home and/or a home office. So if this was 100% a rental being reported on a Sch E please choose no.
If it was a partial rental of a personal residence click on the LEARN MORE to see the steps you need to take.
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