Thank you for your reply. The sale of second home had a net loss. When I did what I described by inputting the transactions as Part II, Box F, with sale proceed and cost basis, column h showed a negative amount. I think column h is supposed to be zero, since loss is not allowed on second home sale. Or do I manually input the net loss as a positive amount adjustment on column g to make column h to show 0. If so, what do I put in as the code on column f? It doesn't appear the TurboxTax does it automatically. Please advise.
