Yes, you can report this activity under Wages & Income >> Rental Properties. First, set up your rental property, then enter income and expenses for the year. Also set up the building and improvements for depreciation. (See instructions below)
Even though you did not report depreciation expense while reporting rental activity, the IRS requires that depreciation is included in the calculation of the gain or loss on the sale of Rental Property.
Per Rental
Property IRS Pub 527 Claiming
the Correct Amount of Depreciation "If
you did not claim all the depreciation you were entitled to deduct, you must
still reduce your basis in the property by the full amount of depreciation that
you could have deducted."
Follow the
instructions below for entering income, expenses, and capital assets (building
and improvements). You must complete the Asset/Depreciation section in order to report the sale.
The
sale of a Rental Property is
reported in two areas of Rental Properties and Royalties.
See
the instructions below:
https://ttlc.intuit.com/replies/3388350
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