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Investors & landlords
Yes, the profit from the rental sale will also be listed on Schedule D and Form 4797 as "Sales of Business Property".
You can look at Schedule D and verify that the first entry you made was deleted and not on your return.
(the profit will also be included on your 1040 line 7)
Desktop, switch to forms using the FORMS/STEP-BY-STEP option on the top right.
Online users use the steps in this link.
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‎February 27, 2025
6:35 AM