George4Tacks
Level 15
03-16-2022
04:55 PM
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Starting mid 2018, I do not believe it was a rental property any longer. To be a rental it must have at least an imputed income. If not a rental, then there would be no depreciation except for the time really rented to a 3rd party.
Summer of 2019 it sounds like it became a vacation or 2nd home and the interest (possibly) and taxes would go on Schedule A.
To exclude part of the gain on a primary residence they must have occupied the home for at least 730 days out of the 5 years preceding the sale.
Answers are easy. Questions are hard!