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Sale of Rental Property
I sold two rental properties last year and I am on Schedule E trying to figure out how to show that I sold the properties. I went into the Sale of Property / Depreciation section and selected "Edit" to edit the Depreciation of the house. I answered all the questions and now I am at the "Special Handling Required?" question and I am confused. Do I answer Yes or No? It seems like the last bullet point (This asset was a rental, a home office, or a home office improvement within a home.) would apply, but I am not sure if I should answer yes or no. Please help? Thank you!
March 4, 2021
8:00 PM