@BGS2 wrote:
Thanks so much for responding.
I am thinking I need to report the sale of rent AND personal residence, and of course complete schedule E for the time rented in 2023.
Not really. You only sold one piece of property. If you don't want to use the personal exclusion, answer "No" to the question "Was part of this asset your main home" as @Anonymous_ illustrated. You will pay the appropriate capital gains, and preserve your personal exclusion to use when you sell your current home.
