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Report the sale in the Sale of Business Property section. To navigate to the section:
Enter basis, sales prices and other costs. You will need the prior accumulated depreciation taken for the rental property. TurboTax will not calculate this for you. Look to your 2015 depreciation report for the accumulated depreciation taken.
Report the sale in the Sale of Business Property section. To navigate to the section:
Enter basis, sales prices and other costs. You will need the prior accumulated depreciation taken for the rental property. TurboTax will not calculate this for you. Look to your 2015 depreciation report for the accumulated depreciation taken.
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