Thanks for the very helpful response. I actually entered the info at "Rental property -> Depreciation" area and so encountered the issues, but Not "Sales of Business Property" area.
The reason was that when I went through "Sales of Business Property" before, TurboTax instruction told me not to report the rental property sale there, but report it at the "Depreciation section of the rental property".
Per your response, I have some further questions...
1. As TurboTax instructed me to use "Depreciation" section at the rental property to report the sale, and so I just went to my rental property list, input "0" days for rent and personal use in 2019, and go through the steps to reach "depreciation" area. Then I only saw "sale price" and "expense" field that allows me to input amounts.
Per your instruction, “Business Income and Expense" is a totally different section - Reporting at this section seems not consistent with TurboTax instruction regarding rental property sale to make the reporting at Rental property->Depreciation.
2. What're the differences between "depreciation" in rental and “Business Income and Expense" to report rental property sale?
3. In the actual detailed situation - the tenant lived there in 2019 but since it's for sale and I need the assistance from the tenant, there was no rental collected. Should this considered being rented or not during 2019, per tax definition?
4. If I input ">0" days (like 60 days) for renting during 2019 in "Rental property -> Depreciation" procedure, will the process allow me to report the sale at "Depreciation" area instead of “Business Income and Expense" area?
5. If Item 4 is "Yes", will the Sale reporting at Depreciation give me the chance/form/page to input "state withdrawn tax", "adjusted basis", "purchase cost" and 1099-S as “Business Income and Expense" does?
Thanks!
