Investors & landlords

To report Sale of Rental Property:

Report the gain or loss on the sale of rental property on Form 4797, Sales of Business Property. Individuals typically use Schedule D (Form 1040), Capital Gains and Losses, together with Form 4797.

For further information, refer to:

• Publication 544, Sales and Other Dispositions of Assets,
• Publication 550, Investment Income and Expenses,
• Instructions for Form 4797, Sales of Business Property, and
• Instructions for Schedule D, Capital Gains and Losses.