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Investors & landlords
Use the following steps to go to the section where you will indicate that the property was sold:
- Starting from the Rental Properties and Royalties selection under income, choose Update or Review to get to the details about your rental.
- Proceed to the Rental and Royalty Summary page, then Edit your rental property.
- Proceed through the questions until you reach the Review Your ___ Rental Summary page, then Start or Update the Assets/Depreciation section.
- Answer Yes to go to your Assets Summary
- Select Edit beside the property itself
- Continue through the questions until you reach the screen titled, 'Tell Us More About This Rental Asset'
- Check the box labeled This item was sold, retired, stolen... to start the process of reporting the sale
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‎February 1, 2020
9:01 AM