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I had a rental property that was for sale during 2020 that I did not rent and I took a loss on it. Where on Turbotax can i report the business loss?
I purchased home in 2016 as primary residence, converted it to a rental in 2017, rented it through 2019 and tried to sell it in 2019 when the renters left and finally sold in 2020 for less than I bought it for. i keep entering the sale in turbotax in "sale of business property" but it is not accepting the entries and says since i had a loss. Where else do I enter this transaction.
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‎February 22, 2021
1:37 PM