If the property sold at a gain, you can report this as the Sale of Business Property.
- Find this under Wages & Income >> Less Common Business Situations.
(Or search for "sale of business property.")
- Click Start beside "Sale of Business Property."
- Check the box for "Sales of business or rental property that you haven't already reported."
- Complete the sale information. Note blue links have helpful information.
But if the sale resulted in a loss, you may need to report it as an Investment Sale (choose "Other" for the type of investment). See Where do I enter investment sales?
Your other option is to report one day of rental use, which will allow you to report the sale of all assets under the Rental Properties topic.
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