Additional clarification may be needed here.
I sold one of my rental properties and I'm not sure where to record the 1099-S in TurboTax.
The above statement indicates that you and you alone own this rental property and it is not owned by any LLC, be it single member LLC or Multi-Member LLC.
We have several properties and an LLC.
The above statement seems to indicate that the property (among other properties) are in a multi-member LLC with that reference to "WE". If that's the case, the sale of this property would therefore be initially reported on the 1065 partnership return, and proceeds to each partner would be included on their respective K-1. Then it's the K-1 that gets entered on the personal 1040 tax return of each member.
