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Investors & landlords
Thank you for the quick response. The advice to forget about the 1099-s helps a lot as I've been fixated on entering it somewhere because I felt it must be a requirement. Sounds like I can ignore the text within the turbotax program since it specifically states not to check the "I sold or otherwise disposed..." box if the sale was to a related party (as originally noted). I'll trying doing that in the next few days because I'm at the point I'll try anything. I thought I tried it before and was still never asked about a sales price but I'll give it another shot. Thank you.
As an aside, I never lived in the house and don't have any other associated expenses/assets, just simply rented the place to my daughter and then sold it to her.
‎February 20, 2022
4:57 PM