It appears that the forms to record the sale of your rental property are available in TurboTax and the software has an in-depth interview section regarding this type of transaction, here are the summary steps to enter your rental property sale:
- With your return open in TurboTax, search for rentals and then select the Jump to link in the search result.
- Answer Yes to the question Did you have any rental or royalty income and expenses in 2019 for property you own?
- When you get to Is This a Rental Property or Royalty? select Rental property and fill out the description, address, and owner.
- When you hit Do Any of These Situations Apply to This Property? check the Sold box along with any other boxes that may apply.
- Continue following the onscreen prompts to enter info about your rental property. Eventually you'll get to the Review Your [Property] Rental Summary screen. You can report the sale in the Sale of Property/Depreciation section, along with any other pertinent info (like income and expenses)
Here is the TurboTax Help Article related to the sale of a Rental: Sale of Rental Property
This particular section of TurboTax is rather detailed, so be careful to read all the questions completely. If you have any problems, I would strongly recommend that if you don't have the Live Product, upgrade and have our support staff login and walk you through the steps to properly report the sale. You can contact Live Help directly through TurboTax or here is a link to the customer service contact information: TurboTax Customer Service
I am attaching the Forms Availability for your information: TurboTax Forms Availability
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