- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Schedule E worksheet, TT flags sale date of non depreciable rental asset (bare land) as not supported for type X?
I leased a bare lot for the past few years. I flagged the lot as Type X non-depreciable when I first entered the property information. I sold the property last year and TurboTax is flagging the date of acquistion/date of sale as not supported for Type X property. How do I account for my gain on the sale of a rental property that was bare land and therefore not depreciable.
Topics:
‎June 1, 2019
10:48 AM