my purchase price was different than my FMV when I changed it from my residence to a rental.
I have no doubts about that. But your sale is reported using the original purchase price, and not the FMV at the time of conversion. It's depreciation that is based on the "Lower" of the purchase price, or the FMV at the time of conversion to rental. For most, the lower cost will be the original purchase price. If that's your case, you report the sale in the SCH E section of the program. If that's not your case, you report the sale in the Sale of Business Property section of the program.
So in the sale of a rental property portion of TT the "cost of property plus sale expenses" box is that the cost of the property with all my sale fees (i.e. realtor commissions and title fees)?
Where precisely are you reporting the sale? Sch E section or the Sale of Business Property section?
If in the SCH E section, you will have a physically separate box for sales expenses. Also, "you" the seller don't pay title fees. The buyer does. Your sales expenses are basically the sales commission paid to the realtor out of any gain realized by you, and are deductible by you.
Otherwise, if in the Sale of Business Property section, the screen in the desktop version of TTX (which is what I use) does clearly state "cost of property plus sales expenses". So in the SCH E section you enter the cost and sales expenses separately, while in the Sale of Business Property section you do the math yourself, and enter the total of cost plus sales expenses.
