Hi @Kbretado ,
If you purchased or sold an investment property recently, is important to keep good record keeping to assist your with your tax filings.
Keep any document regarding the purchase of the property, improvements through the years, receipts for expenses incurred during the operation, documents (like bill of sale, 1099-S,Buyer and Sellers closing statement ) acquisition or sale of the property. All of those documents will help you determine your adjusted basis which is required to calculate any gain or loss .
For more information regarding taxes of investment property , please go to :
Rental Real Estate and Taxes
Real Property Tax Tips
Turbotax offers Full Service Tax Preparation services . A dedicated tax experts that will prepare your taxes and answer any question specific to your tax situation.
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If you feel you tax situation is too complicated then you might benefit from reaching out to a local CPA for assistance.
Thank you for reaching out and good luck!
