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It was more complex than what you suggested. We found we did not use it for a few years more than 3-4 weeks. At that time we started leasing it for 7 straght years. At that point I had retired and we were free to use it from 6-9 weeks a year so we converted it back to personal use for 10 years and then sold it. I guess ithe sale would go in the business section because we did file schedule E for 7 years. However, could there be some calculation to prorate it because we only rented it 7 of 21 years of ownership?
March 7, 2025
8:29 AM