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How do I report the sale of rental property?
Sold what has been used as a rental property in 2016. It was not rented out in 2016 but had been for 14 years prior. It won't let me use it as sale of rental where I can add expenses and depreciation - which has been taken in prior years. If I put it in the sale of investment then it shows as a loss but given the depreciation taken it probably isn't correct. Any thoughts?
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‎June 7, 2019
3:43 PM