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Investors & landlords
Click this link for instructions on How to Report Sale of Rental Property.
Basically, there are two sections in the Rental topic where you enter sale info. In Property Profile, you indicate the property was sold.
In the Assets/Depreciation section, you enter the Sales Info. The Rental must be listed as an Asset here to do this.
If you sold the property in 2021, say YES it was rented all year (which means up to the sale date), unless it was not rented at all in 2021.
If you need more help, post again and we will try to help. Remember, we can't see your return in this forum.
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‎January 27, 2022
8:33 PM