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

Forum|Forum|1 year ago
April 2, 2025
1 reply
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I sold my Loft Law rights last year - where do I enter the proceeds?

Best answer by Vanessa A

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:

Federal
Income
Show More next to Investment Income
Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
Select Other
Continue through and select other for the type of investment
Answer how you obtained it
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.

Vanessa AAnswer

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:

Federal
Income
Show More next to Investment Income
Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
Select Other
Continue through and select other for the type of investment
Answer how you obtained it
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.

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