Information from a previous TT expert states that the sale and capital gains from rental real estate property should be handled under "rental property" that results in working through each asset individually (ie., house and lot, furniture, air conditioner, etc.) that has been partially depreciated. The 1099-S provided only indicates the entire combined sale as the address of the property. Is it necessary to separately list each item and indicate zero as revenue received for each except for the house and land combined?
