I originally bought a rental home in 2000 and was renting the land . I have been renting it depreciating it . In 2017, I purchased the land. I sold the entire home and land in 2022. How do I add the purchase of the land into TT. If I add it as an asset, TT wants to depreciate it and will not let me continue. It was entered as a sale in the Rental Properties and Royalties depreciation section. It shows a large gain in the Sale of Business Property section because there is no basis entered for the land.
