I bought a property on Sept 8, 2016 and sold it on Sept 21, 2017. I want to add the purchase, expenses, and finally the sale in Turbo tax. Where do I begin?

[IsabellaG · Accepted solution]

Report the sales under Investment income, under Stocks, Mutual Funds, Bonds, Other. 

1. In the desktop version TurboTax Home and Business, you would report this in the Personal section as Investment income, under Stocks, Mutual Funds, Bonds, Other.
2. Say that you did sell investments in 2017, and you did not receive a 1099-B. 
3. Under Choose the type of investment you sold, if it wasn't a personal second home or land, select Everything Else.
4. On the next screen, describe the property  and enter the net proceeds and the date of sale.
5. On the next screen, check that you acquired the property by purchashe.
6. Continue entering your information on the screens that follow.
7. The gain or loss on the sale of this property will be considered long term.