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farmer1
New Member

I bought a farm with a house which I did not live in. I split the house from the farm and sold it in the same year. How do I report the sale of the house?

 
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Cattlerancher
New Member

I bought a farm with a house which I did not live in. I split the house from the farm and sold it in the same year. How do I report the sale of the house?

This sale would be entered in TurboTax under Investment Income,----Stocks, Mutual Funds, Bonds, Other.

I've attached a page snip below;

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Cattlerancher
New Member

I bought a farm with a house which I did not live in. I split the house from the farm and sold it in the same year. How do I report the sale of the house?

This sale would be entered in TurboTax under Investment Income,----Stocks, Mutual Funds, Bonds, Other.

I've attached a page snip below;

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