How do I report assets (i.e. oven) in rental unit when I sold entire rental? Specifically, I'm asking about the "Sales Price" "Sales Expenses" page. Is it 0 for both?

[learner22]

The appliances are part of the rental and I had been reporting the depreciation for past few years.  Since the oven was sold as part of the rental unit, it got the same sale date.  What do I put in for the page that says "Enter Asset Sale Information" for the oven?  Is it $0 for both "Sales Price" and "Sales Expenses" or should I leave it blank?

[ColeenD3]

Yes, enter zero. It was part of the entire rental sale and was not sold separately.

[Carl]

If you took depreciation on the separate assets and they were included in the sale, if you enter zero for a sales price, take note the 4797 will show a loss on those assets and the depreciation will not be recaptured as required, if you sold the property at a gain. That's a problem.