Yes, this transaction may be reported as an Investment Sale, if you are not in the business of flipping houses and/or the property was not used for business or rental in prior years.
The
easiest way to find this section of TurboTax is to use the Find/Search box at the top right side of the
TurboTax header. Click on the magnifying glass, type "investment sales", hit
Enter, and click the "jump to" link to go directly to beginning of
that topic.
If none of the types of sales listed fits your situation, use "Everything Else."
As you enter the information for your sale, take note of the blue links (like "Learn More") for specific help on that entry (see screenshot below - click to enlarge).
You may report a gain or loss on the sale of an investment.
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