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March 23, 2019
Question

Revise Sale of rental property entries

  • March 23, 2019
  • 1 reply
  • 0 views

I made all entries for sale of rental property, but the program will not let me see the entries.  If i click the edit button it just brings up a form to make more entries.  It will not show entries I have already made.  If I delete "copy 1" and re-enter all of the items I find that the initial items were not deleted and I have double the profit.  Can anyone help?

    1 reply

    Carl11_2
    April 29, 2019

    There are three possible places to enter/report the sale of rental property. Where you enter it depends on specifics, such as the status and classification of the property on the date of the sale. It's most common to sell rental property "as" rental property, and therefore report the sale in the Rental & Royalty Income (SCH E) section of the program. Is this where you are reporting the sale?