Assuming the cabin was not rented out, it is not business property, so you shouldn't enter it as a business asset so depreciation is not an issue. Assuming you made a profit on the sale, you would enter it in the income section, under Investment Income and then Capital gains and losses.
Choose the Single Entry option and enter the date acquired, date sold, sales price, sales expense and cost of the property.
You will need to set up each partner with their respective partnership percentage of ownership. TurboTax will generate a schedule K-1 listing each partner's share of the capital gain income that they will use to enter on their personal tax return.
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