Basicallyf you selected the option for "I sold or otherwise disposed of this property in 2020" and then for each and every asset you selected YES for the "Special Handling Required?" screen, then you're done. The 2020 tax return will be the last year you report this property on SCH E. If it gets imported next year, then you can just delete it.
Take note that if the value of the gift given was more than $15,000, then you will need to file IRS Form 709-Gift Tax Return with the IRS. Don't let the name of that form mislead you. You will "NOT" pay any taxes on your gift. All you are doing is satisfying a legal reporting requirement, and that's pretty much it.
TurboTax does not include the form 709, since it really has nothing to do with your federal income taxes. You can get a blank form at https://www.irs.gov/pub/irs-access/f709_accessible.pdf print it, fill it out and mail it to the IRS at the address in the instructions. The address you mail the 709 to may not be the same address you mail a tax return to. So make sure to read the instructions which are referenced at the top of the form.
