sale of rental property

mikegc1 · ‎January 31, 2024

I have TT home and business: having trouble finding out where to enter the sale of my FL rental property for 2023? When I check sold on the "Do any of these situations apply to this property" it disappears from the income and expense section and there is no way to find it again. I have had to start another return and download last year again. I'm stuck? Any ideas?

Mike

ThomasM125 · ‎January 31, 2024

If you indicated that you didn't rent the property in 2023, it would be deleted, that may have been why it disappeared:

If you know the purchase cost of your rental property and depreciation taken on it, you can enter the sale of your rental property in the business section of TurboTax, under Less Common Business Situations and then Sale of Business Property:

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View solution in original post

ThomasM125 · ‎January 31, 2024

If you indicated that you didn't rent the property in 2023, it would be deleted, that may have been why it disappeared:

If you know the purchase cost of your rental property and depreciation taken on it, you can enter the sale of your rental property in the business section of TurboTax, under Less Common Business Situations and then Sale of Business Property:

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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sale of rental property