Hi i sold my investment property in 2020. I do not see any questions abouf my closing costsin Turbotax. Where should i enter this amounts?

[DianeW777]

Closing costs are considered  expense of sale and this reduces the gain or increases a loss on the sale. TurboTax will ask you about the expense of sale.  Examples are commissions, transfer tax, recording fees, etc.

[lena1567]

I did not see expense of sale when I was in that section. Could you please guide me where to find it?

[DianeW777]

If you don't see that question, you can add the expense of sale to your cost basis.  This will create the same result for gain or loss.

Keep in mind that a loss is allowed only if you did not use the investment property for personal purposes (it's not clear if this is a home you live in).