JOHNNYCPA
Level 3
12-07-2019
07:50 AM
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I just want to know if I followed all the steps of selling the rental property.
1) I disposed the property in the asset worksheet section- the asset is linked to schedule E.
2) in schedule E worksheet, I put an X in Complete Taxable disposition.
( what's the purpose of putting X) does it prevent schedule E to show up in next yeat tax return.
the 1231 loss is shwing in form 4797
There is a disposition worksheet too? is the asset worksheet okay to use for disposition.
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