Where to enter Proceeds from Sale of Rights for a Real Estate transaction

[GMN10]

I sold my Loft Law rights last year - where do I enter the proceeds?

[Vanessa A · Accepted solution]

You will report the sale of your personal property or rights as a sale of investment.

You would enter the sale of the land by clicking the following:

1. Federal
2. Income
3. Show More next to Investment Income
4. Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) 
5. Select Other
6. Continue through and select other for the type of investment
7. Answer how you obtained it
8. You will need to enter the selling price, dates and the cost basis   

Note, your navigation sequence may be slightly different.  You can also use the Jump to feature by entering investment sale in the search bar at the top of the screen.