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Investors & landlords
[This answer is based on the assumption that the fees have been entered correctly in the Turbotax program in the year occurred]
The fees are amortized in the asset section of the rental property.
At the property asset summary screen for your property; click edit to the right of asset [amortized]
At the screen 'Tell Us About This Rental Asset' [two screen for this information]
This is a review screen
Then on the next screen after those entries continue
mark you sold [enter date sold]
then place a "0" [without the quotation] at the sale price
Turbotax write off the balance.
The fees are amortized in the asset section of the rental property.
At the property asset summary screen for your property; click edit to the right of asset [amortized]
At the screen 'Tell Us About This Rental Asset' [two screen for this information]
This is a review screen
Then on the next screen after those entries continue
mark you sold [enter date sold]
then place a "0" [without the quotation] at the sale price
Turbotax write off the balance.
‎June 5, 2019
10:32 PM