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alan41
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I sold a rental property. Where are the closing costs entered?

I need to enter all my closing costs. Broker, Underwriting, transfer etc. I enter the gross sale price but am not prompted for the sale costs.
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1 Reply

I sold a rental property. Where are the closing costs entered?

are you prompted for asset sales expenses? there where closing costs deductible against the sale would go. Not all closing costs go there.  for example, real estate tax proration would go on schedule E 

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