Investors & landlords

To enter the sales and depreciation information, Edit each rental asset. 

1. Type rentals in the search bar and click on Jump to rentals.
2. On the Your 2020 rentals and royalties summary screen, edit the rental.
3. On the Here's XXX rental property info screen, scroll down to Improvements, furnishing, and other assets and Edit.
4. On the Your improvements, furnishings, and other assets screen, select an asset and click on the pencil icon on the right side.
5. On the Do you want to go directly to your asset summary? screen, select Yes, I want to go to my asset summary.
6. On the Your Property Assets screen, Edit the asset.
7. On the Describe This Asset screen, select an asset category and continue.
8. On the Tell Us a Little More About Your Rental Asset screen, select the category and Continue.
9. On the Tell Us About This Rental Asset screen, confirm the information and Continue.
10. On the Tell Us More About This Renal Asset screen, select The item was sold, retired, stolen, destroyed, disposed of, converted to personal use, traded in, or given away and enter the date sold.
11. Answer the next question on the page and Continue. 
12. Continue with the onscreen interview. On the Enter Asset Sale Information screen, enter the Sales Price and Sales Expenses.
13. Continue with the onscreen interview until complete.
14. Repeat this process for each asset.