- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
These instructions are very detailed and I really appreciate them. But I can't help but notice it references Turbo Tax 2014 and the HUD-1 Settlement statement. Do these steps still apply with the 2021 TT? I'm using the desktop Turbo Tax 2021 Premier version. I sold my rental in 2021 and we didn't receive a HUD-1. I called the title company and she said HUD-1 is now obsolete and replaced with the ALTA Settlement statement and the Closing Disclosure statements. I do have both of these statements. I compared it to the HUD-1 I received in 2014 when I purchased the rental property and it's very condensed with different line item numbers.
But more importantly I just want to make sure these directions still apply with the 2021 software. I've been using TT for years and always thought it was very simple to use, but I have to say, trying to input the sale of this property has me very frustrated.