AmyC
Employee Tax Expert

Get your taxes done using TurboTax

It sounds like you marked the rental house as sold and entered the sales information in the Sch E. You have already marked the house sold on the 8824 so the Sch E needs to be marked as converted to personal use. This will give you the proper depreciation until the exchange. You may need to redo your Form 8824.

 

Please return to your Sch E for the house. If you click the Learn More button next to sold, it will tell you not to enter sales from a 1031 here.

 

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