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Investors & landlords
The software may refer to the real estate property as a 'home sale' and that is perfectly fine, it does refer to real estate as a home.
It sounds like you've accurately entered the asset as sold under the rental property basic info/property profile and asset/depreciation sections ( from within the applicable rental property's summary screen ). These are the only entries you need to make to report the property sold.
You should not enter the property under either of these two additional locations:
-
Business >>> Less common business situations >>> Sale of Business Property
- Personal >>> Personal Income >>> Less Common Income >>> Sale of Home.
‎June 6, 2019
1:20 PM