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Sold.a.rental property

 
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SabrinaD2
Employee Tax Expert

Sold.a.rental property

Follow these steps to report the sale of your rental property on your tax return in TurboTax:

  1. Open or continue your return - Be sure you are logged in for link below to work:
  2. Navigate to the rentals section:
    • TurboTax Online/Mobile: Go to rentals.
    • TurboTax Desktop: Select Search Topics. Search for and select rentals.
  3. Answer Yes to the question Did you have any income from rentals or royalties?
  4. Follow the on-screen instructions. We'll ask you to report the sale when you get to the Expenses/Assets (Depreciation) section, along with any other pertinent info (like income and expenses).
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