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jcapozza
New Member

The town took a portion of my rental property eminent domain. Where do I enter my 1099-S since it is only for a small portion of the property ($8000)?

 
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1 Reply
MinhT
Expert Alumni

The town took a portion of my rental property eminent domain. Where do I enter my 1099-S since it is only for a small portion of the property ($8000)?

Surrendering a portion of your property for eminent domain is treated like granting an easement.

Please read this answer from TurboTaxHelenaC on how to report it:

https://ttlc.intuit.com/replies/5213059

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