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T
Tax Ninja
Level 2
May 28, 2021
Question

Schedule E rentals transferred to a new partnership

  • May 28, 2021
  • 1 reply
  • 2 views

In 2019, client filed as single with 4 rentals properties reported on Schedule E. In 2020, transferred all 4 rentals to a new partnership with one other partner. How to remove the 4 rentals off his 1040 for 2020?

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1 reply

T
Terry53029Intuit Community Champion
Intuit Community Champion
May 28, 2021

On the asset worksheet, scroll down to dispositions, and put in date of disposition only, no price

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