KrisD15
Expert Alumni

Investors & landlords

Go back to the sale you reported on Schedule E (in the rental section) and edit.

 

Select "Rental Properties and Royalties"

Select Yes to review

Continue through to the Summary screen

Select Edit for the property 

Scroll to "Sale of Property / Depreciation and select Update

Select "Yes" I want to go to my asset summary"

Edit the property 

Continue through this interview and change the answers to YES for Special Handling Required 

Continue to follow the directions listed by Carl above. 

Enter the sale in the Sale of Business Property section 

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