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How do I enter the sale of rental property

Enter date of sale of rental property
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RobertB4444
Employee Tax Expert

How do I enter the sale of rental property

In the wages and income section of TurboTax you'll need to scroll down to "Rental Property and Royalties".  If this is your first year with the rental property then you'll need to tell TurboTax all about the property and the income and expenses associated with it.  If this is not your first year then all of the details should carry over from last year.

 

Either way one of the first screens that you'll come to will say "Did any of these things happen with your rental property this year?"  And the first choice will be "Did you sell or dispose of this property?"  You'll answer yes and the system will walk you through entering everything you need to about the sale.

 

@dean-ennis1 

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