Fldavem1
Level 2

Sold my rental - should I pay estimated payment to avoid fee

I sold a rental and I think the tax hit will be $25K for the depreciation ($100k depreciated over the 17 years).  If I wait until April 2021 will I get hit with an underpayment fee - should I pay it now using a 1040ES payment ?  I don't normally have quarterly Estimated Taxes.

Thanks!