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Investors & landlords
Wrong Answer. NOTE: both the rental property and the homestead (not a primary residence, was occupied by step-mom as part of a life-estate interest and sold as investment property by the beneficiaries of the trust) were sold as investment properties in 2017. there is no exclusion associated with these investment properties. I need to know where in turbo tax does the sale of the investment property (used to be the family homestead) gets entered.
‎June 5, 2019
11:11 AM