Solved
Where do you put closing costs for sale of rental property----at a loss
No text available
You add the closing costs at the sale as your "Asset Sales Expenses" on the Sales Information screen. See the screen shot attached. Add all the selling (commissions etc.) and closing costs together in one total to enter to that box.
Also, make sure you go back through the screens in the Property Profile section and mark that you sold the property this year. Some people don't know to mark it there as well.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
