Wow you just saved me a ton of time.....so in the "Cost of Property Plus Expenses of Sale" box do I enter how much my property cost plus my commission fees as expenses of sale? Thank you thank you thank you......my house's FMV was different than my purchase price and you solved my issue. I bought it in 2008 at the peak of the bubble and when I rented it in 2014 it was still lower than my purchase price. I used FMV so this year I finally sold for more than I bought it for finally but then it messes up turbo tax. And you my sir figured it out.
