The home inherited by you from your father is treated as investment property. This means your share of any loss in the property (or gain) is reportable. Losses on the sale of your own primary residence can't be taken on your tax return, but the loss (if any) from the sale of inherited property can be. Your initial basis in the home is the value of the home on the date of death (or an "alternate valuation date", if one was chosen by the estate- but this isn't particularly common). Be sure to add to the basis any improvements that you may have made prior to sale, if any, and to subtract from the proceeds the expenses of the sale.
Follow the directions above posted by @JotikaT2 to report this sale in TurboTax.
@sgrace5015
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