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You can each enter your own share of the home on your own returns (presuming you have no other business together). If it was rented this year or held for sale as a rental, then you will need to report it as a rental home (under Rental Income & Expenses) and indicate that it was sold.
To do so, you need to go into the rental section and choose to Edit this rental property (or set it up in the software). Then, you will be on the XYZ Rental Summary Screen and indicate the property was sold by:
You can each enter your own share of the home on your own returns (presuming you have no other business together). If it was rented this year or held for sale as a rental, then you will need to report it as a rental home (under Rental Income & Expenses) and indicate that it was sold.
To do so, you need to go into the rental section and choose to Edit this rental property (or set it up in the software). Then, you will be on the XYZ Rental Summary Screen and indicate the property was sold by:
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