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Investors & landlords
I entered a sale of rental property in TurboTax and did not have to go to the installment sale section, everything was handled in the rental area when I indicated that I sold the house. Please see these screen shots:
You may have to delete the installment sale entries you made, and then return to the Rental Income section and try to enter the sale there. Also, make sure you have done the updates to your TurboTax program.
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March 16, 2021
1:41 PM