Anonymous
Not applicable

Get your taxes done using TurboTax

@mw29 I do not know which section in TurboTax premier you referred "Date Placed in Service" for the RELINQUISHED property.  In my case, there are two places related to days in service. 

One is in Property Profile of the rental property. 

* New [ ] 2019 was the first year I rented this property.   NO CHECK.

*  Sold [ ] ... sold ... in 2019.   NO CHECK.  Remember "do NOT check "SOLD: I sold or disposed of this property in 2019"

Another place is "Assets / Depreciation" --> asset of your OLD rental property:

* Date purchased or acquired :  11/16/2012  (my case)  

* [x] I purchased this asset new

* [x] The item was sold, retired, disposed of, ....   --> checking this question leads to the following entry:

   -- Date you sold / retired  it from use:  01/29/2019

* Have you used this item 100% for this business since you acquired it?

  [x] Yes.  .... always 100%...

    -- Enter the date that you first started using it as business:  11/16/2012.

 

Please see row 70 to 90 in my screenshot #1.  In the screenshots, the entries I made in the TurboTax are highlighted in THIS COLOR.