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bmicsmith
New Member

return of capital on sale of a residential rental unit

How do I list the return of capital on the sale of a rental property?

 

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1 Reply
PatriciaV
Expert Alumni

return of capital on sale of a residential rental unit

In the case of a rental property, your "return of capital" is represented by your adjusted basis (accumulated costs less depreciation).

 

See this TurboTax article for instructions: I sold my rental property. How do I report that?

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