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Get your taxes done using TurboTax
You should not enter this as an investment sale. Doing it that way will not close out the rental property and may lead to incorrect calculations.
- Go to assets in your rental property.
- Edit your property.
- Continue until you see Tell Us More About This Rental Asset
- Check the box The item was sold, retired, destroyed, disposed of, converted to personal use...
- Enter the date of sale
- TurboTax will walk you through the sale questions
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‎April 25, 2021
8:20 AM