1099-S Help

I received a 1099-S for the sale of rental property in 2020. The property was on one deed but had three houses with three mortgages. There is only one 1099-S. Instructions say to report the 1099-S on the Schedule E. Can I report it three times and divide the total by 3?

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1099-S Help

Yes, if you sold all three properties, divide the total amount by three and apportion it.

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