Thanks @PatriciaV. I have had better experience in getting the right answers from experts in this forum. Similar questions have been answered before, and there are two different approaches - entering the sale in the rental section vs sale of business property. I am hoping someone is able to provide me the steps. I have tried both options and there is a difference of around 3.2k in taxes (Entering the details in Sale of Business Property yields better results). I don't want to overpay by entering the details in the wrong section. Can someone in this forum help!
