Yes, report it on your 2023 tax return if you actually received the money for the sale, and if you have unrestricted access to the proceeds from the sale. If you should have damage, etc, before the final closing, you could amend the return to correct your cost basis for any additional costs to restore the property, only if insurance proceeds did not pay for those same damages.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
