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Investors & landlords
unfortunately we have no access to your return and thus your worksheets and entries so our ability to help is limited. This is a public forum, so personal info should not be posted
Part III of the 4797 is the sale of the depreciable real estate The building). Since holding period was more than 1 year it flows to Part1 which the flows to schedule D,
we have no idea what's represented in Part II. these numbers are from your entries. We don't know what was sold or why there is no depreciation. Cost doesn't seem right when compared to sales price. Also, why no depreciation? this section is treated as ordinary income (schedule 1 line 4) so if you made an improper entry this could be the result
schedule D line 15 being a loss would mean you had other long-term capital tranactions - like stocks etc. again we have no way of knowing if entries are correct.
since we have no access to your return, review your entries. If you still can't figure it out, you may have to upgrade to Live which would allow a Turbotax pro to actually see your tax file. your other option is to seek the help of an outside tax pro