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New Member
posted Oct 11, 2021 7:32:59 PM

Somehow a property C was added to my schedule E. I only have two properties. How do I remove Property C at the review stage? It keeps asking me to fill in the info for it

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2 Replies
Level 8
Oct 11, 2021 8:07:16 PM

Go back to where you entered your rental properties and find the one that is there by mistake.  Then delete it.

Level 15
Oct 12, 2021 8:55:20 AM

Did you perhaps have a situation where you sold a rental property and acquired another in the same tax year? Possibly a 1031 exchange maybe?

For example, if you sold property A in Apr 2020 and purchased/acquired property C in Sept 2020, then both the old *and* the new property will be reported on the 2020 tax return. The return will show the disposition of property A and the acquisition of property C.