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LoriRay
New Member

How to enter partial real estate land sale for LLC

We bought a parcel of land in 2023 for our LLC.  We added a couple of small buildings/improvements on part of the land, and sold the remaining 2/3 of the land.  The part we sold was vacant without any improvements, and we made a profit on the sale.  I previously entered the original vacant land purchase in Turbo Tax 2023 and it is listed as an asset.  How do I enter only part of this land as sold without Turbo Tax thinking I sold the entire parcel? Thank you for any assistance.

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