Skip to main content
April 30, 2022
Question

In 2021 I sold one of my rental properties. where do I report this information in TurboTax?

  • April 30, 2022
  • 1 reply
  • 0 views
where to enter information about the income from the contract work?

    1 reply

    May 3, 2022

    The details of your rental property sale are entered in TurboTax under the "Investments Profile". You can get there in the EasyStep view by:
     

    • Go to Income & Expenses > Investments Profile > check the top box "Capital Gains or Losses"
    • Continue to the Capital Gains Profile page, check the top box "Sold stocks, bonds, real estate or other capital property", continue
    • Check done on the next screen
    • Check box "Sold real estate & depreciable property" and continue to the page where you will be asked for these entries.

    As per the contract work you mention in your question, please see our TurboTax article: Claiming Expenses on Rental Properties.

     

    Thank you for choosing TurboTax.