If you have multiple assets in the Sale of Assets/Depreciation section, the only asset guaranteed to have a land cost is the property asset itself. If it does not have a land cost, then that's due to one of two things (Usually).
1) When the asset was set up, it was not correctly classified as Residential Rental Real Estate or;
2) When the asset was set up you did not enter a land cost, or incorrectly entered a value of zero for the land.
Generally, other items in the assets/depreciation section (such as a new roof) will be classified as residential rental real estate if it's required to be depreciated over 27.5 years. Of course,you'll enter zero for the cost of the land. Therefore, you will not be asked for cost of land when reporting the sale of that asset.
If you have an asset that's classified as a land improvement, then you'll only have a "cost" box for that, since land improvements do add to the cost basis, yet are not depreciated.
It's unclear what "Cost" means--is it the Cost of the (Asset + Land)
Yes, the ***TOTAL*** cost you paid for that specific asset, which in the case of residential rental real estate would include the land.
where do I enter the cost of the Land?
When initially entering an asset, if you do not get the "cost of land" box on the same screen as the "cost" box, that's because the item was not classified by you as residential rental real estate.
