How do I enter the Sale information for a Rental Property that I bought in 2006 for $179,900 + fees = $185,878 and started renting in 2009 until 2020. I sold the rental property for $173,000 and paid ~$1000 fees. I still owe $151,1111 mortgage loan.
TurboTax Sales Information ask for
Asset Sales Price
Asset Sales Expenses
Land Sales Price
Land Sales Expenses
How do I account for the $151,111 mortgage loan? Is this part of the Asset sales expenses?
Thanks
