qbteachmt
Level 15
03-31-2022
05:44 PM
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"How long does a vacation home have to be a rental to be considered sale of business property"
Okay, I'll try:
You have to determine if this was Vacation home (with the minimal rental per the IRS) or it was converted from personal vacation home to Rental as investment/business property. Or, always meant to be managed as Rental. Or...well, that's why more details will matter.
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers