Thanks, helpful! Could you throw some light on the tax calculation approximation approach? Reason I"m asking, is the tax due via quarterly estimated tax (when the house is sold) or at the end of the year? Also assuming that one would need to factor in the depreciation during the year of sale (since the taxes for 2024 haven't been filed but assuming that I would still take the depreciation for that room for 2024 until the house was sold).
