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Making changes to sale of rental property

It looks like this bug is celebrating its 4th birthday. I need to change the data on the sale of a rental property. In 2025 Income Summary, Business Items, Sale of Business Property, there is a number showing the income for the sale. If I click on Update, I do not find a way to get to the entry that created the number showing the income for the sale.

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2 Replies
DianeW777
Employee Tax Expert

Making changes to sale of rental property

The steps below may be helpful to reach the question about 'This item was sold, retired, disposed of, etc....

 

Review these steps to remove the check mark if necessary:

You need to dispose of the property by telling TurboTax how and when it was disposed of.  Follow the instructions below.

  1. Click on Search (upper right) > type schedule e > Enter > click Jump to .... link
  2. TurboTax Desktop continue here:
    1. Answer the questions and on under Rent and Royalty Summary, click Edit
    2. Click Update to the right of Assets/Depreciation.
    3. Do you want to go directly to your asset summary?, click Yes and Continue
    4. Click Edit to the right of each asset to remove any check mark
    5. Go through several screens until you get to Tell Us More About This Rental Asset
    6. Remove the check mark on This item was sold…….   And continue through the screens until you arrive back to asset summary.
    7. Repeat for any asset in the list.

 

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Making changes to sale of rental property

Worked fine.  Thanks!

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