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rental property being sold in year not rented out
My renter will leave by the end of the year. I dont want to rent it out again. I want to repair, renovate and sell it next year. It will be very hard to do that when the renter is in the house. However, based on what I read, if the rental property is not rented out or I dont advertise it, it is no longer considered rental property and it is going to complicate my tax return cost me money. How are you guys handling this issue?
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March 20, 2025
5:21 PM