Investors & landlords

These are expenses of the sale and are reported in the Sale of Property interview interview.  

To report the sale in the proper location, in your Federal return, under Wages & Income

  • choose Rentals, Royalties, and Farm and Show more.  
  • Start or Revisit Rental Properties and Royalties (Sch E) and answer the preliminary questions.  
  • When you get to Rental and Royalty SummaryEdit the property you sold.  
  • Enter that you sold the property in the Property Profile, on the screen "Do Any of These Situations Apply to This Property?" and then move on to the sale of property/depreciation section.

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