topic Sold a rental property this year and need advice on the federal taxes that will have to be filed this upcoming tax season to reduce the impact from the profit made. in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/sold-a-rental-property-this-year-and-need-advice-on-the-federal-taxes-that-will-have-to-be-filed/01/836996#M35609 Mon, 05 Aug 2019 18:03:02 GMT zoldham 2019-08-05T18:03:02Z Sold a rental property this year and need advice on the federal taxes that will have to be filed this upcoming tax season to reduce the impact from the profit made. https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/sold-a-rental-property-this-year-and-need-advice-on-the-federal-taxes-that-will-have-to-be-filed/01/836996#M35609 Mon, 05 Aug 2019 18:03:02 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/sold-a-rental-property-this-year-and-need-advice-on-the-federal-taxes-that-will-have-to-be-filed/01/836996#M35609 zoldham 2019-08-05T18:03:02Z Re: Sold a rental property this year and need advice on the federal taxes that will have to be filed this upcoming tax season to reduce the impact from the profit made. https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-sold-a-rental-property-this-year-and-need-advice-on-the-federal-taxes-that-will-have-to-be-filed/01/837241#M35610 Turbotax is not a paid preparer and doesn't give tax advice ... it is a DIY system. Unless you did a 1031 exchange when you sold the property there is really no way to minimize the cap gain or depreciation recapture you must take unless you have some capital losses to claim like from stocks you sell at a loss. Mon, 05 Aug 2019 20:18:01 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-sold-a-rental-property-this-year-and-need-advice-on-the-federal-taxes-that-will-have-to-be-filed/01/837241#M35610 Critter 2019-08-05T20:18:01Z