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Investors & landlords
No, if you didn't rent the property in 2023, you were correct to indicate that in the Rental section.
Then report the sale under 'Sale of Business Property', you can type 'sale of business property' in the Search area, then 'jump to sale of business property' or find it in the Business Items topic list under Wages & Income.
You will need to know the Accumulated Depreciation that you have taken on the property, as well as the Sales Costs to include in the sale entry.
Here's more info on Sale of Rental Property.
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‎February 26, 2024
2:46 PM