- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Sale of Rental Property - TurboTax asked me to remove
Hi,
I have been using Turbo Tax to file my property's rental income for the past few years. I sold it in May 2024, and didn't rent a single day in 2024.
When i followed online instructions under Rental Property income section, and chose sale of property, and after answering 0 days rented in 2024, Turbo Tax told me that i don't need to report this property and "remove the property".
I then picked, i rented 1 day out in 2024, but put 0 in rental income on the next page, it again told me to "remove the property" because i don't need to report it.
This is very different from all the articles i found on this forum, did anything change? how do i report sale and calculate the depreciation? I use the Deluxe version.
Thanks in advance for people's help!