Land cost basis entry

[Edna CPA]

I sold my rental condo, the basis for the condo was already in TurboTax, but I con't find where I enter the cost basis for the land.  I tried creating a new asset, but I get an error when I try to enter the acquisition date, which was in 1991.

[ColeenD3 · Accepted solution]

You would have had to do that when you first started using the program. If you did not allocate any land value, then you allocated it all to the building. Your cost is zero.