TangledMess
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Thank you! I hope future revisions of TurboTax will make that clearer! I can't imagine I am the only one caught in that loop.
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Correct: I can't continue unless I answer yes or no.I need to answer no. When I answer no, the window is,"Enter the Asset Sale then Come Back" . "Return to your...
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Thank you for the helpful example. I entered all info into "Less Common Income>>Installment Sales. BUT, that section is asking me "have you reported the sale of...
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I began reporting under Less Common Income>>Installment Sales BUT, it says do not report there if the sale did not make a profit.Does that put me back in Rental...
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Thank you. My understanding is that until final payment is received, I report the installments under Less Common Income.
Activity Feed for TangledMess
- Cheered Re: Installment Sale Rental Property- Property Type code definition for PatriciaV. April 12, 2023 5:51 PM
- Posted Re: Installment Sale Property - sold verses disposed on Investors & landlords. April 7, 2023 10:51 AM
- Cheered Re: Installment Sale Property - sold verses disposed for PatriciaV. April 7, 2023 10:51 AM
- Posted Installment Sale Rental Property- Property Type code definition on Get your taxes done using TurboTax. April 7, 2023 10:09 AM
- Posted Re: Installment Sale Property - sold verses disposed on Investors & landlords. April 5, 2023 4:35 PM
- Posted Re: Installment Sale Property - sold verses disposed on Investors & landlords. April 2, 2023 6:47 PM
- Posted Re: Installment Sale Property - sold verses disposed on Investors & landlords. March 22, 2023 5:39 PM
- Posted Re: Installment Sale Property - sold verses disposed on Investors & landlords. March 14, 2023 6:21 PM
- Posted Re: Installment Sale Property - sold verses disposed on Investors & landlords. March 13, 2023 9:48 AM
- Posted Installment Sale Property - sold verses disposed on Investors & landlords. March 11, 2023 8:17 AM
- Posted Back Rent Lump Payment For Multiple Past Years on Get your taxes done using TurboTax. February 26, 2023 8:47 AM
- Cheered Re: Wrong country transferring from Federal to State on desktop TurboTax for ArtKr. March 12, 2022 9:00 AM
- Cheered Re: Should I select Yes or No on the QBI question for rental property regular rent reporting and/... for DavidS127. June 21, 2020 5:20 AM
- Posted Re: Does any landlord still use QBI deduction if the rental service hours are less than 250 in 2019? on Investors & landlords. June 21, 2020 5:13 AM