abctax55
Level 15

I report the real property, and the appliances etc, as two separate sales.  In fact, Lacerte 'yells' at ya' if you don't if you are using the bulk sale feature.

I usually report as the sales price, the amount necessary to zero out the gain/loss on the appliances etc.  UNLESS there's something significant involved; or if the sales contract details these non-real property items separately with amounts.  I've seen that happen a few (very few..) times in my career.

Of course, you have to reduce the sales price of the real property by the amount allocated to the appliances, etc.

AND if there's a § 1031 exchange involved there's more to think about as the non-real property items can't be part of the exchange.

HumanKind... Be Both