Thanks for the quick reply, Dave!
I added a new 1099-MISC under "Rental Income" and updated "Who Paid You?" and entered the amount in "Other Income". I got a response back: "Can't Report This Income Here; You entered other income of $X,XXX on this Form 1099-MISC. You can't report other income on a rental property. You can report this income on another form or schedule later in the Interview"
I have been through the entire interview for "Rental and Royalty" and can find nowhere else to enter the 1099-MISC. Please advise.
As for the expense, yes, it was definitely an improvement. I will add a new asset to depreciate with the land. Brilliant it will reduce the capital gains as I sold the property in January this year so it will help.
