https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/sale-of-rental-property-that-i-now-hold-a-mortgage-on/01/1769079#M58285 <P>how do i report the sale&nbsp; and the interest i make off the mortgage. the mortgage is for 20 years&nbsp;</P> Sat, 02 Jan 2021 13:24:07 GMT wac764 2021-01-02T13:24:07Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/sale-of-rental-property-that-i-now-hold-a-mortgage-on/01/1769079#M58285 <P>how do i report the sale&nbsp; and the interest i make off the mortgage. the mortgage is for 20 years&nbsp;</P> Sat, 02 Jan 2021 13:24:07 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/sale-of-rental-property-that-i-now-hold-a-mortgage-on/01/1769079#M58285 wac764 2021-01-02T13:24:07Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-sale-of-rental-property-that-i-now-hold-a-mortgage-on/01/1769100#M58287 <P>You will enter this transaction in the <EM>Rental Properties and Royalties</EM> section of the program.</P> <P>&nbsp;</P> <P>In the <EM>Property Profile</EM> section (under Rentals), ensure that you indicate that you sold the property by checking the box.</P> <P>&nbsp;</P> <P>In the <EM>Sale of Property/Depreciation</EM> section, there will be a screen where you will indicate that you sold the property (check the box) and also a screen where you will indicate that you want to report the sale as an installment sale (see screenshot below).</P> <P>&nbsp;</P> <P><span class="lia-inline-image-display-wrapper lia-image-align-inline" image-alt="1.png"><img src="https://ttlc.intuit.com/community/s/skins/images/B8145EB336FC02541D6B9D85A49D5C2A/responsive_peak/images/image_not_found.png" alt="1.png" /></span></P> <P>&nbsp;</P> <P>&nbsp;</P> Sat, 02 Jan 2021 13:48:40 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-sale-of-rental-property-that-i-now-hold-a-mortgage-on/01/1769100#M58287 Anonymous_ 2021-01-02T13:48:40Z