I am still confused on where to put the proceeds of the home sale, which was the sole asset in the LLC. I was told to put it under Investment Income - Capital Gains or Losses. But that section seems to be for stocks/bonds
sales rather than the sale of a home. Does it go under Business property/assets disposals. I presume I need to show the gain on the sale of the house via the LLC, and distribute it to members via the K-1? Thanks.
