selling rental property

Forum|Forum|5 months ago
January 30, 2026
1 reply
12 views

Hi @Terry53029 you already posted : check the box line G complete taxable disposition that should release passive activity loss,, where is located? line G and disposition could you please help me

ProSeries Professional

Best answer by TaxGuyBill

Thanks Susan, I got distracted and I didn't read past the first sentence. 😂

@HOPE2 wrote:

rental sold June 2025 , having disposition would be enough for 2025 Dep or should go Asset entry worksheet to disposition.

Enter the sale on the Asset Entry Worksheet. Entering the date in the disposition section of the Asset Entry Worksheet will result in the correct depreciation for the year, and then entering the sale price, etc. should result in reporting the sale on Form 4797.

Just-Lisa-Now-

Intuit Community Champion

Its near the top of the Sch E worksheet, there are multiple different checkboxes, it says Check all that apply.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

HOPE2Author

Level 7

thank you so much Lisa, Is this you meant? where is dispostion worksheet ? Client has 1098 from lender mortgage interest and premuim insurance and real estate tax as well in 1098 should be added to cost basis or they go Schedule E , rental sold June 2025 , having disposition would be enough for 2025 Dep or should go Asset entry worksheet to disposition. Confused