Where to report sale of an investment real estate property under single owner LLC

lbfc11 · ‎March 18, 2025

It's a flipped property bought and sold in less than a year. I'm using the home and business tax version.

I don't see an option under business income to report this type of property for the 1099-S I received.

Thanks in advance for the help.

ThomasM125 · ‎March 18, 2025

You enter that in the business section. You will see a screen that says Let's gather your business info. Choose the option that says Sale of Business Property, under Less Common Business Situations:

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View solution in original post

ThomasM125 · ‎March 18, 2025

You enter that in the business section. You will see a screen that says Let's gather your business info. Choose the option that says Sale of Business Property, under Less Common Business Situations:

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Where to report sale of an investment real estate property under single owner LLC