I sold my rental home in mid 2019 and gave the buyer a seller credit of $1,750 which is listed on the closing statement. The 1099-S reported only the sale gross proceeds of $300,000. Can I include the $1,750 amount as a selling expense in calculating gain or loss? If so, where do I report this in Turbotax? I am having a hard time figuring this out. Thanks in advance for your help.
