You should have valued the property when it was inherited.
If you did not, you will need to make that appraised value now. You might ask for help from a real estate professional.
Next, enter the 1099-S that you should have received from closing on the property into the TurboTax program.
Enter the 2001 value.
If this was used as a rental, you would report the sale on your Schedule E.
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