It "sounds" like you're reporting this sale in the "Sale of Business Property" section, when you should probably be reporting it in the SCH E section of the program. Now there are reasons you would not report the sale of a rental property in the SCH E section, with the primary reason being that the cost basis was "LOWER" than your original purchase price when you placed the property in service.
So can you provide more details on where you're reporting this sale? Also, if not reporting it in the SCH E section of the program, why not?
