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I sold 3 homes last year, NONE of them were my primary residence. 1 was inherited in 2014. TurboTax, only lets me add 2. Where do I put the investment properties?
Hello, I sold three houses last year. One of them was my deceased parent's place which I inherited in 2014. The other two houses were flips which I sold as investment properties. NONE of the homes were my primary residence.
TurboTax only allows me to add two of them to the tax return. Where do I add the third home? Also is there any significance to how I list the inherited home, since it was not used as an investment property?
Under "Home Sales Summary" it claims "Here's what we have so far. You can Add, Edit (Change) or Delete main home sales. YOU HAVE ENTERED THE MAXIMUM NUMBER OF HOME SALES." From there, I have two homes listed, but not the third and final home. I believe that I am using "Premier".
Please advise.
TurboTax only allows me to add two of them to the tax return. Where do I add the third home? Also is there any significance to how I list the inherited home, since it was not used as an investment property?
Under "Home Sales Summary" it claims "Here's what we have so far. You can Add, Edit (Change) or Delete main home sales. YOU HAVE ENTERED THE MAXIMUM NUMBER OF HOME SALES." From there, I have two homes listed, but not the third and final home. I believe that I am using "Premier".
Please advise.
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‎April 5, 2021
9:07 AM