Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
judgeralph
Returning Member

Is there a place in TurboTax where we can report an installment sale of rental real estate. Sold in 2017, and buyer paid off in 2018. I want to report on this 2018 ret.

 
1 Best answer

Accepted Solutions
Coleen3
Intuit Alumni

Is there a place in TurboTax where we can report an installment sale of rental real estate. Sold in 2017, and buyer paid off in 2018. I want to report on this 2018 ret.

Yes. If your reported the installment sale in 2017, it should have carried over to 2018. Just include the payment made in 2018.

View solution in original post

1 Reply
Coleen3
Intuit Alumni

Is there a place in TurboTax where we can report an installment sale of rental real estate. Sold in 2017, and buyer paid off in 2018. I want to report on this 2018 ret.

Yes. If your reported the installment sale in 2017, it should have carried over to 2018. Just include the payment made in 2018.

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.48m
Members

2.61m
Discussions

Manage cookies
v