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Get your taxes done using TurboTax
@Carlwhat is the shortcut if there's lots of assets in that particular property?
I see where it says to just report it in Installment Sales not Sch E https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-trying-to-report-a... I went thru just the Installment Sales section and now I have 2 entries in my for the same property.
One entry was generated by the Rental Income interview (took forever to go thru each asset and deal with the allocation $) and one entry was generated by the Installment Sale section (super ez to fill out)...
Was the shortcut "go thru Rental Income all the way & pretend it is still owned" and then go to the section where it says Rental Property Sold not mentioned anywhere else in the program & do installment sale there? It seemed like the stand alone Installment Sale under "property sold not mentioned elsewhere" was the easiest way (even tho it later asks is this one of the previously mentioned rental properties to link) coz it just asked for overall depreciation instead of individual asset depreciation and actually asks for the total price sold in Installment Sale section.... whereas when I went thru the Rental Income's Installment Sale section it only asked for the principle payment & interest received in 2019 and no questions (that I came across during the Rental section's Installment Sale area) were asked about the overall total price sold by the end of 2022....