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Investors & landlords
@Peggytas wrote:
I do not see it on asset summary, so am really puzzled as to what to do.
Locate the Rental Properties and Royalties section of the program and start at that point.
You will indicate that you sold the rental property in Property Profile and then enter the transaction in Sale of Property/Depreciation section (see screenshot).
Note that "fix up" (for the purposes of a sale) expenses are not deductible.
‎October 13, 2021
8:07 AM