Carl
Level 15

Investors & landlords

Does this refer to actual sale of the rental property itself or to the equipment used for the property

If by "this" you are referring to the section of the program called "Rental & Royalty Income", that section is for reporting any and all income and expenses directly associated with rental income. Can you be more specific on your specific situation, as to why you're asking this question? Basically, the quality of the answer is directly proportional to the clarity of the question.

If on the rental summary screen you are seeing "Assets/Sale of property" instead of "assets/depreciation" that indicates to me that you selected an option box on an earlier screen that reads something like "I sold or otherwise disposed of this property in 2020".

So what's up? Did you sell it? Give it away? Maybe it was completely destroyed in a natural disaster or fire?