If you are reporting the sale of Rental Property with several assets, use the allocation calculations to enter a sale for each asset that was sold. In this case, you would NOT enter Form 1099-S in any other section of TurboTax.
The example in this old thread was for rental property with several assets already entered. Each asset must be edited to report the allocated portion of the sale proceeds from Form 1099-S in order to calculate the gain or loss.
@Sa121
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
